Business

Operating profit $1.73 billion versus forecast $1.66 billion
Maersk warns Iran war clouds outlook for freight rates, costs
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High diesel prices are expected to further boost electric trucks sales
Jump in diesel prices accelerates China's shift to electric trucks
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A solid performance despite the impact from Iran war
Emirates airline posts record net profit despite war impact
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UK businesses are sounding the alarm
UK retailers warn government must act on Iran war impact
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The push for greater self-reliance follows years of record imports
Egypt targets wheat self-sufficiency by 2028 in bold food security drive
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ADNOC is working to fulfill supply commitments during "exceptional times"
ADNOC set to push shale-style oil, gas projects after OPEC exit
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An internal economic momentum
Saudi non-oil business activity returns to growth as demand recovers
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‘What I want to stress is that this is really serious’
IMF warns of ‘much worse outcome’ if war drags into 2027
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Worrying news
Fresh US-Iran clashes rattle risk sentiment
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Egypt's energy import bill has ⁠more than doubled
Egypt raises natural gas prices for industries amid volatile prices
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On the rise
Oil prices jump 5% after Iran's navy said it halted US warship
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UAE’s exit a critical test for Prince Abdulaziz's influence over oil markets
Saudi oil prince's iron grip faces ultimate test with UAE's shock OPEC exit
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The Strait of Hormuz is the world’s most important energy chokepoint responsible for roughly one-fifth of global oil consumption
UKMTO warns Strait of Hormuz threat level remains critical
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Griffiths says the recovery will be phased to ensure safety and efficiency
Dubai Airports scaling up operations in line with routing capacity
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Saudi Arabia has allowed one licensed shop as it tries to lure more expatriates
Saudi liquor store runs short because of Iran war bottleneck
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Towards reducing reliance on vulnerable sea routes
Iraq launches major new oil pipeline as export routes face disruption
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