Asia's biggest liquefied petroleum gas (LPG) importers, including India and China, are racing to replace disrupted Middle East supplies with cargoes from the Americas, driving spot premiums to record highs, analysts and traders said.
Majid Al Futtaim, a leading shopping mall developer and retail and leisure pioneer in the region, said it is deepening its strategic alliance with Alshaya Group, one of the world’s leading brand franchise operators, for a bold new wave of store openings across its regional portfolio.
Global markets are set to close the first week of March under the growing influence of geopolitical risk stemming from the Middle East conflict. One of the most visible market responses has been the sharp appreciation of the US Dollar which climbed to a three-month high, said an expert.
Oman has reinforced its position as one of the Middle East’s most compelling tourism destinations with a strong and strategic presence at ITB Berlin 2026, leveraging the world’s largest travel trade platform to deepen partnerships, showcase its diverse tourism offerings and consolidate Germany’s place as a key European source market.
India's GAIL said it will assess curbing supplies to natural gas customers after a force majeure notice from long-term supplier Petronet LNG over constraints on vessels as conflict escalates in the Middle East.
The duration of the aviation disruption following the joint Israel-US strike on Iran and its subsequent attacks on countries in Gulf region, will be fundamental to determining the implications for affected sectors, including airlines, airports, lodging and lessors, said an expert.
JLG Industries, a world-leading designer, manufacturer and marketer of mobile elevating work platforms (MEWPs) as well as leading brands such as JLG and SkyTrak telehandlers and rotary telehandlers, has announced the opening of its new regional inventory and distribution facility in Dubai.
The finance and energy ministers of the G7 group affirmed their readiness to take "all necessary measures" to ensure the stability of the energy market, as part of their efforts to address the economic repercussions of the war in the Middle East.
Oil prices extended gains on March 30, with Brent headed for a record monthly rise, after Yemeni Houthis launched their first attacks on Israel over the weekend, widening the US-Israel war with Iran in the Middle East.
Investment in renewable energy projects in the Middle East has jumped by 28 per cent, year-on-year, according to a new report from Ansarada, a mergers and acquisitions (M&A) and infrastructure procurement platform.
