Moody’s changes Bahrain and Iraq’s outlook to negative over war fallout
Moody’s Investors Service has changed its outlook for Bahrain and Iraq from stable to negative, citing the regional…
Middle East faces one of sharpest downgrades since global financial crisis, IMF warns
The Middle East’s economic outlook has sharply deteriorated following the outbreak of the Iran war, with the International…
Gulf economy grows 5.2% in the third quarter of 2025 on balanced sectors
The Gulf economy grew 5.2 per cent year-on-year in the third quarter of 2025, underpinned by a balance…
Financial planning for Gulf investors in a crisis means making fewer emotional decisions
In moments of instability, money becomes emotional very quickly. That is understandable. When headlines are relentless, and uncertainty…
Saudi Arabia’s non-oil business conditions weaken for first time since August 2020
Saudi Arabia’s non-oil sector reported a decline in business activity in March, the first time in five-and-a-half years,…
Why US still needs Strait of Hormuz for sake of global economy
Live updates: Follow the latest news on US-Iran war US President Donald Trump this week said his country…
UAE’s non-oil business activity expanded in March despite Iran war hit
Live updates: Follow the latest news on the Iran war The UAE’s non-oil private sector continued to grow…
Singapore’s $100bn asset manager Hillhouse Investments opens ADGM office
Hillhouse Investment Management, a $100 billion global alternative asset manager, has opened an office in ADGM, becoming one…
UAE financial sector can weather impact of Iran war, executives say
The banking sector in the UAE is “strong” and can sustain the impact of the Iran war and…
UAE investors urged to avoid savings sell-off due to Iran war
Personal finance experts are urging people in the UAE to “remain calm” with their money amid the continuing…
Egypt’s economy in crisis as financial turmoil grips region
Egypt is confronting the worst period of regional economic turbulence since the Gaza-Red Sea crisis of 2024 as…
Debt pressures cast shadow over Egypt’s economy in crossroads year
After a year of upbeat government messaging about stabilisation and renewed investor confidence, Egypt’s debt trajectory has once…