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What alternative routes can Gulf countries use instead of the Strait of Hormuz for backup?

Energy Staff Writer -
Ambitious proposals, such as a canal linking the Gulf to the Arabian Sea, remain largely theoretical. Dubai: Disruptions to shipping through the Strait of Hormuz...

WTI drops more than Brent as diplomacy hopes ease Middle East risk premium

International Staff Writer -
Saudi Arabia cancels licences of 11 recruitment offices over regulatory violations. Saudi Arabia’s Ministry of Human Resources has revoked the licences of 11 recruitment offices...

Oil Shock 2.0? As Houthis threaten a Bab Al-Mandab shutdown and Hormuz tensions reignite, crude prices rebound.

International Staff Writer -
Houthi threats and Hormuz tensions disrupt vital oil routes, pushing crude prices higher. As tensions in the Middle East escalated again over the weekend, the...

Saudi Arabia’s decision to raise Saudisation rates to 60% in marketing and sales roles comes into effect.

International Staff Writer -
New rule covers more than 20 professions. Ministry of Human Resources and Social Development has begun enforcing new decisions to raise Saudisation rates in marketing...

Oil prices jump: Brent rises to $96.30, WTI at $90.22 as Tehran rejects second round of US–Iran talks

Energy Staff Writer -
Energy markets rattle as Iran rejects renewed US talks, pushing oil prices higher. Oil prices surged in early Monday (April 20, 2026) trading in Asia,...
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Saudi Arabia launches mobile passport counters for Hajj pilgrims

UAE News 0
New biometric devices aim to speed up arrivals at...

UAE visitors can open digital bank accounts in minutes under new ‘Tourist Identity’ initiative

Travel 0
Biometric-based service enables tourists to open accounts, access digital...

Dubai’s Meraas awards Dh2.4 billion in contracts for Dubailand project

Business 0
New phases to add 557 villas as demand grows...

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