A year of rapid growth reshapes Gulf finance
Maersk’s limited return to the Red Sea, rising competition between Gulf financial hubs and new solar and tech deals across the region dominated this week’s business and technology news.
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The news cycle often slows this time of year, but there’s still no shortage of headlines this week. Maersk, the world’s second-largest container shipping company, announced its return to the Red Sea–Suez Canal route after nearly two years, following attacks on commercial vessels by Yemen’s Houthi rebels. Elsewhere, we highlight the United Arab Emirates’ strong year in attracting capital and the region’s recent solar-energy announcements.
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