US Patel Family Office and Saudi AHQ sign $1bn deal to launch AYARA, a 50-hotel business network across Saudi Arabia by 2029 …
Saudi Arabia’s Vision 2030 meets a tougher world
Regional tensions are testing the operating environment for Saudi Arabia’s economic transformation, even as its long-term direction remains intact …
Iraq’s oil hub slows to a crawl as Strait of Hormuz shutdown strangles exports
Iraqi oil fields once alive with the buzz of workers are nearly deserted. Ports that pulsed with the churn of cargo have fallen still, the din of commerce replaced by the soft rhythm of waves.
Myanmar Junta Reopens Key Thai Border Trade Route Amid Security Concerns
The Asian Highway between Myawaddy and Hpa-an has been reopened, but locals say they are still frightened to use it due to ongoing clashes, and trucks remain banned.
Iran war disrupts US small businesses with shipping complications and higher costs
NEW YORK (AP) — The Iran war is making life more difficult for small business owners across the country, who are grappling with shipping complications, higher costs and consumers tightening their grip …
Iran War Showcases Strength of South Korean Defense Sector
Missile interceptors made by the South Korean firm LIG Nex1 are said to be performing well, at a small fraction of the cost of U.S. interceptors.
Pakistan Was Once Richer Than India. Then It Chose Terror Over GDP. Check the Receipts
Pakistan’s early economic lead over India has reversed sharply, with stagnating incomes, repeated IMF bailouts, and weak human development – reflecting decades of policy choices prioritising security …
Indonesia, Japan seek deeper energy security ties
Japan is seeking to work more closely with Indonesia on energy security, Prime Minister Sanae Takaichi said, as global concerns over supply disruptions intensify amid escalating geopolitical tensions.
Thai business group cuts 2026 growth outlook amid energy shock, stagflation risk
BANGKOK: Thailand’s economy is expected to grow 1.2 per cent to 1.6 per cent this year, down from a 1.6 per cent to two per cent growth seen earlier, a leading business group said on Wednesday (April …
Bangladesh Faces Fuel Crunch, Fiscal Strain as Iran War Takes Toll on Economy
Bangladesh is confronting a growing economic strain as fuel shortages, rising import costs and fiscal challenges converge amid the Iran war.