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War in the Middle East: latest developments

The latest developments in the Middle East war: - US Navy 'acting like pirates' - President Donald Trump said the US Navy was acting "like pirates" as he described an operation seizing a ship amid the tit-for-tat…

Apple forecast tops estimates even as Mac shortages linger

Apple Inc delivered a surprisingly strong revenue forecast for the third quarter, even as it warned that memory-chip costs will increase and that shortages of Mac computers will persist for “several months.” Sales will…

QNB Group named ‘Sustainable Lender of the Year’ at 2026 Middle East Transition Finance Awards

QNB Group has been named ‘Sustainable Lender of the Year’ at the 2026 Middle East Transition Finance Awards, organised by Environmental Finance. Selected by an independent panel of industry experts, the award recognises…

Reclusive Turkmenistan shows signs of cautiously opening up

By Felix Light ASHGABAT, May 2 (Reuters) - From a brightly lit, open-plan office Azat Seyitmuhammedov runs an e-commerce startup, Wabrum, that he founded almost a decade ago. In Berlin or San Francisco, this would be an…

'Very profitable business': Trump says US Navy seizing Iranian oil ‘like pirates’

'Very profitable business': Trump says US Navy seizing Iranian oil ‘like pirates’ US President Donald Trump said on Friday that the US Navy was acting “like pirates” in seizing Iranian ships and cargo near the Strait of…

QNB projects global inflation at 4.4% amid energy shock -1-

Qatar National Bank (QNB) projects global headline inflation to rise to 4.4% amid an energy shock triggered by escalating military tensions in the Middle East, marking a sharp reversal from the pre-conflict…

Khamenei urges focus on domestic production, calls for economic jihad

Khamenei urges focus on domestic production, calls for economic jihad Iran’s Supreme Leader, Mojtaba Khamenei, urged citizens to focus on economic resilience, calling for what he described as an “economic and cultural…

Trump says US Navy acting 'like pirates' to carry out naval blockade of Iranian ports

By Kanishka Singh WASHINGTON, May 1 (Reuters) - President Donald Trump said on Friday the U.S. Navy was acting "like pirates" in carrying out Washington's naval blockade of Iranian ports during the U.S. and Israel's war…

US sanctions three Iranian currency exchange firms

US sanctions three Iranian currency exchange firms The US Treasury Department announced sanctions against three Iranian foreign exchange companies, accusing them of helping Tehran convert oil revenues into currencies…

Was LIV Golf an expensive failure for Saudis? Not everyone thinks so

Throwing more than $5 billion at a divisive new tour and walking away after five seasons does not look like good business, but LIV Golf wasn't all bad news for Saudi Arabia. Oil-funded LIV, which poached top stars and…

QFZ reinforces investor support measures for business continuity

Qatar Free Zones Authority (QFZ) has reaffirmed its commitment to supporting investors and enabling business continuity throughout its ecosystem, as part of Qatar's coordinated national response to ongoing regional…

UAE's Opec exit seeks to hit Saudi Arabia where it hurts

UAE's Opec exit seeks to hit Saudi Arabia where it hurts Submitted by Mohamad Elmasry on Fri, 05/01/2026 - 10:12 Diverging alignments over Israel and the war on Iran are driving a deeper rift, as Abu Dhabi uses oil…

Iran’s export of technical-engineering services rises 140% in a year

TEHRAN- The deputy for international business development at Iran's Trade Promotion Organization announced 140 percent growth in the export of engineering and technical services in the past Iranian calendar year 1404…

Israel to pour $730m into propaganda as Gaza genocide, Iran war turns it into pariah

Israel to pour $730m into propaganda as Gaza genocide, Iran war turns it into pariah Submitted by Elis Gjevori on Fri, 05/01/2026 - 09:04 Spending surge comes as global reputation plummets and scrutiny grows over…

Iran’s Monthslong Internet Shutdown Is Crushing Businesses in an Already Battered Economy

Malaysia, Qatar eye gateway role to drive mutual growth: Envoy

Malaysia and Qatar are exploring deeper strategic alignment beyond energy and diplomacy to encompass investment, digital infrastructure, and economic diversification, amid shifts in global trade patterns and…

Gulf countries' plans to bypass Hormuz still far off, experts warn

The war in the Middle East has forced the Gulf monarchies to rethink their oil and trade routes, but rerouting them will be no simple task, experts say. Faced with the closure of the Strait of Hormuz, the only maritime…

Orban faces uncertain path after Hungary election rout

Viktor Orban’s crushing election defeat has thrown the Hungarian nationalist’s political future into doubt and shattered his reputation as an all-powerful leader. While senior members of Orban’s Fidesz party seem to…

Trump, Fox News praise UAE decision to leave Opec

Trump, Fox News praise UAE decision to leave Opec Submitted by MEE staff on Thu, 04/30/2026 - 17:57 Fox News analyst says Saudi Arabia will no longer be able to 'control' UAE, as Trump celebrates its departure from the…

US-Israel intervention frees Israeli-Turkish citizen held for serving in Israeli army

US-Israel intervention frees Israeli-Turkish citizen held for serving in Israeli army Submitted by Alex MacDonald on Thu, 04/30/2026 - 10:29 Jessica Bachar left Turkey in what Israeli media branded a 'covert operation'…