China’s overland trade routes offer Iran wartime economic lifeline: What to know Cargo rail traffic between China and Iran has reportedly surged since the US blockade began in April as Tehran seeks overland trade alternatives to help buy time. Iran
UAE purchases 10 military aircraft from Brazil as BRICS ties grow The purchase of C-390 Millennium aircraft for the Emirati air force comes as the UAE seeks to build up its military capabilities amid the war with Iran and boost ties with BRICS member states. United Arab Emirates
Which airlines are cutting flights amid Hormuz fuel disruption? European and Asian airlines have been most impacted by the closure of the Strait of Hormuz, which is throttling jet fuel supplies. Iran
AirAsia stays course on Bahrain hub as Iran war clouds aviation growth plans The low-cost carrier’s commitment, while conditional on how the conflict evolves, stands out as most global airlines scale back routes, delay launches and reroute flights to avoid the Middle East. Bahrain
UAE-India ties grow as DP World secures $422M for Gujarat container terminal Intiatives like the India-Middle East-Europe Economic Corridor have seen business deals flourishing between India and the United Arab Emirates. United Arab Emirates
Could Etihad Airways become first Gulf airline to launch IPO? The airline reported on Wednesday that it made a net profit for 2023 and 2022 after a string of substantial losses since 2016. United Arab Emirates
EV charging infrastructure needed to accelerate carbon emission cuts, says DP World The UAE-headquartered company's CEO Sultan Ahmed bin Sulayem told Al-Monitor that the sector could place more emphasis on equipment providers to allow for cost-competitive electric equipment to drive forward decarbonization goals. United Arab Emirates
Tesla, Volvo pause production lines, oil prices up amid Red Sea tension There is a fast-growing list of companies that have had to recalibrate their business strategies while the Red Sea shipping route remains volatile. Yemen
Analysis Could China’s COSCO halting ships to Israel spark crisis in Sino-Israeli relations? Experts see the move as part of Beijing's effort to echo what it sees as the voice of the global south regarding the war in Gaza. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Why has Iran Air abandoned plans to relaunch Saudi Arabia flights despite detente? The Iran Air flights to Saudi Arabia were intended to transport pilgrims to Jeddah and were scheduled to take off from Tehran, Mashhad and Isfahan on Wednesday. Iran
Bahrain's Investcorp buys 50% of Corsair's $4.8B infrastructure business The new entity, Investcorp Corsair, will continue to grow with a particular focus on transportation, logistics and related subsectors, a statement from the two companies said. Bahrain
How significant is Aras corridor for Iran, Azerbaijan to gain Black Sea foothold? A railway agreement in October between Iran and Azerbaijan has given a major boost to the potential of establishing the Aras corridor, offering Tehran a potential inroad into the Black Sea. By Rahim Rahimov In Baku, reporting on Middle East-Caucasus ties
Emirates, Flydubai top orders at Dubai Air Show as China's J-10 makes debut Middle Eastern carriers were out in full force on the opening day of the five-day air show at Al Maktoum Airport at Dubai World Central. United Arab Emirates
