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Keywords: Gulf
SpaceX is preparing for a public listing that has triggered a broad surge in investor activity across global markets. The company is expected to begin trading on the Nasdaq on June 12 under the ticker symbol SPCX, with a valuation and structure that position it among the largest listings in the aerospace......
European airlines are seeing a rapid slowdown in the booking surge that followed major disruptions to Gulf aviation hubs, as Middle Eastern carriers restore capacity and reclaim market share across long-haul routes. The temporary shift in demand emerged after airspace restrictions and route closures......
The United States military said it intercepted and destroyed four Iranian one-way attack drones on Friday as they approached the Strait of Hormuz, before launching retaliatory strikes against Iranian coastal radar installations. The latest exchange marks another escalation in months of military confrontation......
Iran’s escalating missile and drone activity across the Gulf has sharpened regional tensions, as Israeli Prime Minister Benjamin Netanyahu warned that both the United States and Israel remain prepared for further military action against Tehran. The remarks come after attacks attributed to Iran......
A drone and missile attack struck a passenger terminal at Kuwait International Airport early Wednesday, injuring several people and forcing authorities to suspend all commercial air traffic. The incident marked one of the most serious attacks on civilian infrastructure in Kuwait since regional tensions......
Kuwait's Cabinet issued a strong condemnation on Tuesday of what it described as repeated Iranian missile and drone attacks targeting Kuwaiti territory. The government called the incidents dangerous provocations and reaffirmed Kuwait's right to defend its sovereignty and protect its population......
Global sovereign wealth funds from the Gulf continued heavy investment activity despite the escalation of war involving Iran. A new sector report covering the March to May period shows that public investors across Gulf Cooperation Council states executed around 25 billion dollars in global transactions.......
As military tensions around the Strait of Hormuz entered a third month, Gulf oil-producing states intensified investments in renewable energy projects abroad. The move reflects growing efforts to reduce exposure to disruptions that have constrained hydrocarbon exports and reshaped energy priorities across......
Iranian authorities have reported that 28 vessels successfully transited the strategic Strait of Hormuz over the past 24 hours, according to statements attributed to the Islamic Revolutionary Guard Corps (IRGC) Navy and cited by state media. The Strait of Hormuz, a critical global energy shipping route,......