Analysis

How long can markets hold their bet on Gulf resilience as war drags on?

A prolonged closure of the Strait of Hormuz and continued assaults on Gulf energy infrastructure are likely to lead to regionwide credit deterioration, experts say.

By Jack Dutton

In Bristol, reporting on regional business, climate change, AI, tech

Iran war hits Gulf aluminum exports, risking nearly 10% of global supplies

The Gulf region is a critical hub for aluminum production, supplying roughly 8% to 9% of global output, with disruptions linked to the war now set to ripple through industrial supply chains.

Bahrain

Airlines gradually restore Middle East flights, Gulf still heavily grounded

More than 43,000 of the 78,500 scheduled flights in and out of the Middle East have been canceled since the war began Feb. 28, according to flight data firm Cirium.

United Arab Emirates

G7 readies strategic reserves after oil nears $120 amid Iran war

It is the first time oil prices have passed $100 in nearly four years as the key producers in the energy-rich Middle East curb output amid the conflict.

Iran

Airlines cancel flights amid fears of US military action in Iran: What to know

Arrivals at Tehran's airport this week mainly indicated Iranian and Middle Eastern airlines were flying to the Persian country amid heightened tensions with Washington.

Iran

Meloni to attend GCC summit in Bahrain as Italy deepens Gulf ties

The summit is expected to focus on economic integration in the Gulf, but regional issues will likely loom just as large, including post-war Gaza and the conflict in Sudan.

Bahrain

US approves $1.4B in military sales to Saudi Arabia, Bahrain: What to know

An estimated $1 billion in foreign military sales will go to Saudi Arabia, and $445 million will go to Bahrain.

United States

Malaysia's AirAsia bets Bahrain can fuel Mideast growth, challenging Gulf hubs

The Malaysian carrier signed a preliminary pact with Bahrain to explore establishing the kingdom as its Middle East hub, with plans for dozens of daily flights by 2030.

Bahrain

Analysis

UK chases elusive GCC trade deal that could boost exports, economic links

A new charm offensive at Saudi Arabia's flagship investment conference has fueled optimism that a UK-GCC trade pact, under negotiation since 2022, could soon be completed.

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Bahrain joins Gulf’s late movers in the solar race with 150 MW project

If completed on schedule, the Bilaj Al Jazayer solar plant would more than double the kingdom’s total installed renewable capacity, which stood at just 69  MW in 2024.

Bahrain

Analysis

As Carrefour retreats in Mideast, can new Gulf superstore brand advance?

Amid rising competition and consumer boycotts of Western companies, UAE-based Majid Al Futtaim has begun pulling French retailer Carrefour from Middle East markets and rebranding outlets under a new name: HyperMax.

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Bahraini protesters clash with police over new Israeli ambassador: What to know

Bahrain normalized ties with Israel in 2020 and has sought to balance friendly relations and maintaining calm among its pro-Palestinian population amid the Gaza war.

Bahrain