TROOPS ON GROUND UNLIKELY

Iran war to last 'weeks not months,' Rubio tells G7 leaders

Fri, 27 Mar 2026

The US expects its operation against Iran to conclude within weeks, not months, and Washington can meet all its objectives without using ground troops, US Secretary of State Marco Rubio said after meeting his G7 counterparts in France.

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RESPITE FROM ATTACKS

Trump extends Iran deadline for 10 more days; talks 'progress'

Fri, 27 Mar 2026

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.

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PLAN FOR 50 HOTELS IN KSA

Patel Family Office, AHQ launch $1bn Saudi hospitality platform

Fri, 27 Mar 2026

Patel Family Office, a US investment enterprise, and Abdel Hadi A Al-Qahtani & Sons (AHQ), a Saudi industrial conglomerate, have signed a $1 billion deal to establish AYARA, a vertically integrated hospitality platform that will develop a network of 50 international brand-name business hotels across Saudi Arabia by 2029.

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MONEY MATTERS

1970s-style stagflation could hit global economy, warns deVere CEO

Wed, 25 Mar 2026

Households, businesses and investors should prepare for 1970’s-style global stagflation, warned Nigel Green, the CEO of the deVere Group, one of the world’s largest independent financial advisory organisations, after private sector output in the euro zone sank to a 10-month low in March.

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ANALYSIS

Gulf economies respond decisively as Mideast tensions test market confidence

Tue, 24 Mar 2026

As heightened tensions continue to inject uncertainty into global markets, businesses across the Gulf are balancing caution with determination. The GCC governments are responding swiftly to preserve stability, support liquidity, and sustain momentum, said an industry expert.

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Top This Week

NEOM terminates contract with Eversendai for steel works at Trojena Ski Village

Thu, 26 Mar 2026

Malaysia-based Eversendai Corporation said it has received a termination notice for its structural steel contract at the Trojena Ski Village project in Saudi Arabia, citing geopolitical developments in the Middle East.

Weaponising Strait of Hormuz is economic terrorism, says ADNOC chief

Thu, 26 Mar 2026

Weaponising the Strait of Hormuz is an act of economic terrorism with global impact far beyond energy markets, said Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, Chairman of Masdar and Executive Chairman of XRG.

Kuwait busts plot against state leaders

Thu, 26 Mar 2026

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.

Middle East has urgent need to import food says Maersk chief

Thu, 26 Mar 2026

The Middle East faces a “pressing need for the import of food” as conflict in the Gulf disrupts shipping routes, the chair of A.P. Moller-Maersk said on Wednesday.

Global oil prices rise as war de-escalation efforts face roadblocks

Thu, 26 Mar 2026

Global oil prices rose on Thursday, recovering part of the previous session’s losses, as market participants reassessed the outlook for a potential de-escalation in tensions involving Iran and the United States. The conflict has continued to disrupt energy flows across a critical oil-producing region.

Trump dials Indian PM Modi amid Iran peace talks move

Tue, 24 Mar 2026

US President Donald Trump spoke to Indian Prime Minister Narendra Modi on Tuesday about the West Asia situation, including the need to secure the key energy waterway, Strait of Hormuz, that remains under an Iranian blockade. Modi reiterated India’s support for de-escalation and restoration of peace at the earliest.

Trump announces 5-day pause to US military strikes on Iran power grid

Mon, 23 Mar 2026

US President Donald Trump said on Monday he had given orders to postpone ​any military strikes against Iranian power plants for five days, hours ahead of a deadline that threatened further escalation in the conflict now in its fourth week.

Any coastal attack will lead to full Gulf closure, warns Iran

Mon, 23 Mar 2026

An attack on Iran's southern coast or ​attempt to blockade Kharg Island, its main ⁠oil export hub, will lead to ​Gulf routes being cut with the ‌laying of sea mines, including floating ‌mines ⁠that can be released from the coast, the country's Defence Council said on Monday according to state media.

Trump sets 48-hour deadline to reopen Hormuz; Iran warns of ‘irreversible damage’

Sun, 22 Mar 2026

President Donald Trump has warned that the US would 'obliterate' Iran’s power plants if Tehran fails to reopen the Strait of Hormuz within 48 hours, prompting Iranian officials to threaten retaliatory strikes against US and Israeli energy and infrastructure assets in the region.

Volvo CE launches Iron Women programme to boost global skills engine

Sun, 29 Mar 2026

Volvo Construction Equipment (Volvo CE) has formalised Iron Women as a unified global platform to solve a severe shortage of skilled operators, technicians, and service professionals. The initiative is positioned not as a symbolic gesture but as essential business infrastructure.

Study finds $1trn needed for North American midstream infrastructure by 2052

Sun, 29 Mar 2026

The INGAA Foundation’s 2025 report finds natural gas will remain central in North America through 2052. Rising electricity demand and LNG growth require $1 trillion in midstream investments, including 37,000 miles of new pipelines.

Disneyland Paris enters new era with World of Frozen, reimagined Disney Adventure World

Sun, 29 Mar 2026

On March 29, 2026, Disneyland Paris launched a new era, renaming its second park Disney Adventure World and opening World of Frozen alongside new experiences, marking a major transformation.

Volvo CE launches Iron Women programme to boost global skills engine

Sun, 29 Mar 2026

Volvo Construction Equipment (Volvo CE) has formalised Iron Women as a unified global platform to solve a severe shortage of skilled operators, technicians, and service professionals. The initiative is positioned not as a symbolic gesture but as essential business infrastructure.

1970s-style stagflation could hit global economy, warns deVere CEO

Wed, 25 Mar 2026

Households, businesses and investors should prepare for 1970’s-style global stagflation, warned Nigel Green, the CEO of the deVere Group, one of the world’s largest independent financial advisory organisations, after private sector output in the euro zone sank to a 10-month low in March.

Mered achieves key milestones at its Dubai ultra-luxury residential tower

Thu, 26 Mar 2026

Mered, a leading real estate developer, has reported significant progress on its ultra-luxury residential tower - Iconic Residences Design by Pininfarina - with its fully mobilised teams achieving key milestones in structural works, MEP systems, interior fit-outs, and material co-ordination.

Saudi Arabia achieves key milestone with restoration of 1m hectares of land

Sat, 28 Mar 2026

The Kingdom of Saudi Arabia has reached a major milestone in restoring degraded land, announcing the rehabilitation of one million hectares under the Saudi Green Initiative, demonstrating that large-scale land restoration is achievable even in some of the world’s most water-scarce environments.

Volvo CE launches Iron Women programme to boost global skills engine

Sun, 29 Mar 2026

Volvo Construction Equipment (Volvo CE) has formalised Iron Women as a unified global platform to solve a severe shortage of skilled operators, technicians, and service professionals. The initiative is positioned not as a symbolic gesture but as essential business infrastructure.

Trolley General Trading celebrates landmark Boursa Kuwait listing

Sat, 28 Mar 2026

Trolley General Trading, a leading convenience-led grocery retailer based in Kuwait City has begun trading on Boursa Kuwait’s Premier Market, raising gross proceeds of KD59.5 million ($195 million). Based on the final offer price, its market capitalisation now stands at KD170 million ($552.6 million).

NBB transitions back to 100% operational capacity

Sat, 28 Mar 2026

The National Bank of Bahrain (NBB) has announced the transition back to 100% operating capacity across its headquarters and branches in the kingdom starting from March 29, with the exception of its Bahrain International Airport branch which will remain closed until further notice.

Mubadala to sell CoolIT stake in KKR-led $4.75bn transaction

Thu, 26 Mar 2026

Mubadala Investment Company, an Abu Dhabi-based global investor, has announced that it has entered into a definitive agreement to sell its minority stake in CoolIT Systems, a global leader in liquid data centre cooling, to Ecolab as part of a transaction valued at $4.75 billion led by KKR.

Mazad launches three-digit licence plate auction in Bahrain

Tue, 24 Mar 2026

Mazad, a leading digital auctions and marketplace platform in Bahrain, and a Mumtalakat portfolio company, has announced the launch of a special auction for a unique three‑digit vehicle license plate number, 994, in response to the growing demand for distinctive triple‑digit plates.

Houthis enter Iran war with attacks on Israel; US Marines arrive in region

Sun, 29 Mar 2026

The risk of an expanded Iran war ​grew as Yemen's Iran-aligned Houthis on Saturday launched their first attacks on Israel since the start of the conflict, as additional US forces reached the Middle East. The first of two contingents of Marines arrived on an amphibious assault ship.

Ukraine seals defence co-operation agreements with UAE, Qatar

Sun, 29 Mar 2026

Ukraine has agreed to co-operate on defence with the UAE and Qatar as President Volodymyr Zelenskiy travelled to both countries amid escalating tensions in the region. Zelenskiy is looking at signing 10-year partnership agreements with both the Gulf countries.

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