US Sanctions Put Iranian Airlines Under Growing International Pressure
Iran’s aviation industry is facing growing disruption after the United States expanded sanctions against the country’s airlines, with analysts warning…
Tag: Business
UAE Government Debt Falls to 31% of GDP as Global Debt Tops $365 Trillion
The UAE’s government debt declined to 31% of gross domestic product in the second quarter of 2026, down from 32.9%…
Middle East Airport Traffic Falls 21% as Global Passenger Growth Slows
Global airports handled a record 9.8 billion passengers in 2025, but the aviation industry has faced a more difficult start…
Dubai Court Rules Developer Mortgages Invalid Without Escrow Funding
Dubai’s Court of Cassation has ruled that a mortgage taken by a property developer to finance a project can be…
Emirates and Etihad Say US Flights Unaffected by Major Air Traffic Outage
UAE airlines Emirates and Etihad Airways said on Tuesday that their flights to and from the United States were operating…
Rising Memory Costs Push Smartphone Prices Higher Across Global Markets
Smartphone prices are rising across major markets as manufacturers face a sharp increase in the cost of memory and storage…
UAE and Oman Finances Strengthen Despite Gulf Energy Disruptions
The UAE and Oman are expected to record stronger government finances this year despite disruption to energy exports caused by…
UK-GCC Strategic Dialogue to Bring Government and Business Leaders Together in London
Government officials, sovereign investors and corporate leaders from the UK and Gulf countries are due to meet in London next…
UAE Flights Face Delays and Cancellations Amid Regional Tensions
Several flights in the UAE continued to face delays and cancellations on Sunday after regional tensions in neighbouring Saudi Arabia…
Takaful Sector Faces Limited War Exposure but Longer-Term Growth Remains Intact
Takaful operators have limited direct exposure to losses arising from the ongoing Middle East conflict because war-related risks are generally…