US President Donald Trump said he was extending by 10 days a deadline linked to threatened strikes on Iranian energy infrastructure, saying the move followed a request from Tehran and that negotiations were progressing positively.
The Kuwaiti Ministry of Interior announced on Wednesday that the Kuwait State Security Service has thwarted a terrorist plot and dismantled a network that planned to carry out assassinations of state leaders and undermine the country's supreme interests.
Credit ratings, countries of risk, and sector type are having varying impacts on global sukuk and GCC debt capital market (DCM) liquidity amid the ongoing Iran war, according to Fitch Ratings. In the short term, the impact on liquidity will depend on the scope and duration of the war.
Amid the Iranian attacks targeting Bahrain and other Gulf countries, Bahraini families, community leaders, business figures and civil society organisations have issued statements emphasising their support for the kingdom, national unity, and loyalty under the leadership of His Majesty King Hamad.
The Bahrain Defence Force has announced that its air defence systems have successfully intercepted and destroyed 129 missiles and 233 unmanned aerial vehicles launched as part of an ongoing Iranian terrorist aggression against the kingdom, which commenced on Saturday (February 28).
Bahrain’s Parliament has unanimously approved a package of fast-track measures aimed at shielding businesses and citizens from the fallout of regional tensions and recent attacks, before referring them to the Cabinet for review, reported the Gulf Daily News, our sister publication.
Saudi religious leaders have announced that the Eid Al Fitr will be celebrated on Friday in the kingdom and across the Gulf region after the Shawwal crescent moon was not sighted on Wednesday (March 18) evening. Muslims in the region will therefore fast for 30 days this year.
stc Bahrain, a digital enabler, has announced a 10-day extended holiday for all its employees in celebration of Eid Al-Fitr.
The UAE General Authority of Islamic Affairs, Endowments & Zakat has confirmed that Eid Al-Fitr prayers will not be held this year in open prayer grounds or outdoor spaces, and will instead be confined to mosques across the country in line with the measures adopted by the UAE to ensure the safety of its citizens and residents.
Israel said on Tuesday it had killed Iran’s top security official Ali Larijani in an air strike, while Tehran signalled it was rejecting ceasefire overtures conveyed through intermediaries.
