The UAE is reviewing its role in multilateral organisations after exiting OPEC, but officials say no further withdrawals are planned despite regional tensions.
Oil prices rose Monday while stocks were mixed with the United States and Iran no closer to ending their eight-week-old war.
Spain has called on consumers to buy flight tickets as soon as possible to avoid the risk of higher fares caused by rising oil prices amid the Iran war.
Dollar edges higher amid Iran war tensions as ceasefire uncertainty and Hormuz disruptions keep markets cautious and energy risks elevated.
Russia and Libya revive joint commission, opening path for Russian firms in oil, trade and reconstruction projects.
The UAE was largely impacted by the Middle East war, bearing the brunt of Iranian attacks which have hampered its oil-reliant economy.
The French crisis costs €4bn to €6bn as the energy shock lifts borrowing costs, with targeted support measures and a spending freeze planned.
There are growing signs of panic in Europe and North America, as the blockade on the Strait of Hormuz continues, sparking fears of inflation
Egypt’s Talaat Moustafa Group partners with National Bank of Egypt on a major mixed-use city development near Cairo.
Lebanon's finance minister said his government had good meetings this week with the IMF and remained committed to working toward a lending programme.