Bloomberg

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HSBC exposure brings IFFCO talks into focus

HSBC’s IFFCO exposure draws focus as lenders weigh one of the UAE’s key debt talks

IFFCO brands include London Dairy ice cream, Tiffany, Alfa, Noor and more.

Tim Clark says Emirates will recover quickly

Emirates’ Tim Clark warns rivals as airline vows rapid comeback from Middle East crisis

Emirates president says airline will return “hard and fast” after regional disruption

IFFCO nears liquidation as debt crisis deepens: Reports

HSBC-led lenders seek court control as restructuring talks stall for months: Media reports

IFFCO brands include London Dairy ice cream, Tiffany, Alfa, Noor and more.

Iran drafting law to introduce tolls for Hormuz transit

Plan likely to be finalised next week and will legally recognise Iran oversight of Hormuz

Oil tankers and cargo ships line up in the Strait of Hormuz.

Iraq in talks with Iran to move oil through Hormuz

Baghdad seeks tanker access as output drops sharply amid disruptions

Oil tankers and cargo ships line up in the Strait of Hormuz. File photo taken on Wednesday, March 11, 2026.

30 tankers with Russian crude await buyers after waiver

About 19m barrels of crude and fuel sit on ships after US import waiver

File photo of US President Donald Trump with Russian counterpart Vladimir Putin.

Chinese EV giant BYD considers Formula One entry

An F1 partnership would also significantly boost awareness of BYD in the US

File photo of the Shanghai International Circuit in Shanghai on March 23, 2025.

Pakistan inflation slows more than expected

December CPI slows to 5.6%, giving the central bank room to support the economy

Pakistan’s economy is trying to stage a turnaround after it averted a default in 2023.

GCC wealth funds doubled down on AI investments in 2025

Middle East funds led a $66b AI push as sovereign investors reshaped markets

How AI became the biggest bet for sovereign wealth funds.

11 luxury hotels opening in 2026

The most anticipated hotel openings of 2026 span palaces, islands, deserts and safaris

Hotels collage

Saudi IPO pipeline nears 100 approvals

More than 40 IPOs listed since January as Saudi Exchange prepares debt, derivatives revamp

Saudi Arabia has seen nearly $4.5 billion raised through IPOs on both its main market and Nomu parallel market in 2025.

$1.5 trillion wiped out from S&P 500 in one day

Selloff triggered by concerns over AI risk similar to the dot-com "bubble"

US tech stocks and Bitcoin tumble as investors turn risk-off.

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