Lucky numbers and collusion: How an Indian cement cartel came unstuck
Gulf Business 1 month ago
Lucky numbers and collusion: How an Indian cement cartel came unstuck

In fiscal year 2024-25, Dalmia Bharat recorded annual revenues of $1.5bn, Shree Digvijay $79m and In…

Airline shares battered as oil prices spike, Iran tensions intensify
Gulf Business 1 month ago
Airline shares battered as oil prices spike, Iran tensions intensify

Since Feb 28, when the US-Israeli tensions with Iran started, through March 8, more than 37,000 flig…

Why force majeure is spreading across Gulf energy markets
Gulf Business 1 month ago
Why force majeure is spreading across Gulf energy markets

When force majeure is declared, companies may temporarily halt deliveries or operations without bein…

Sheikh Mohamed, US president Trump speak amid rising regional tensions
Gulf Business 1 month ago
Sheikh Mohamed, US president Trump speak amid rising regional tensions

The two leaders reviewed the latest regional developments and their implications for both regional a…

Bahrain’s Bapco Energies declares force majeure after refinery hit
Gulf Business 1 month ago
Bahrain’s Bapco Energies declares force majeure after refinery hit

Bapco Energies emphasised that domestic fuel supply remains secure, noting that contingency measures…

DDoS attacks surpass eight million globally, report finds
Gulf Business 1 month ago
DDoS attacks surpass eight million globally, report finds

Critical internet infrastructure continues to be heavily targeted, particularly services such as NTP…

Silal, National Agricultural Center’s new initiative supports UAE farmers, food security
Gulf Business 1 month ago
Silal, National Agricultural Center’s new initiative supports UAE farmers, food security

The collaboration aimed to empower local farmers and expand the presence of Emirati agricultural pro…

ADNOC says operations continue despite Hormuz blockade
Gulf Business 1 month ago
ADNOC says operations continue despite Hormuz blockade

ADNOC has activated well-established protocols and is working closely with authorities to protect i…

US DFC unveils $20bn maritime reinsurance plan to support Gulf shipping
Gulf Business 1 month ago
US DFC unveils $20bn maritime reinsurance plan to support Gulf shipping

DFC chief executive Ben Black said the initiative was intended to help restore confidence in maritim…

Cooking gas prices rise in India on global surge
Gulf Business 1 month ago
Cooking gas prices rise in India on global surge

Indian companies have also raised the prices of 19-kg commercial LPG cylinders, mainly used by hotel…

A temporary pause: How Dubai’s property market is navigating recent tensions
Gulf Business 1 month ago
A temporary pause: How Dubai’s property market is navigating recent tensions

The current data reflects a "risk-off" environment where buyers are exercising caution, writes the f…

UAE weather outlook: Light rain, strong winds expected this week
Gulf Business 1 month ago
UAE weather outlook: Light rain, strong winds expected this week

The NCM said conditions today will be partly cloudy to cloudy at times, with a chance of rainfall ov…