Reuters

Reuters

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Tesla

Tesla starts laying off employees at Nevada plant

EGYPT

IMF says Egypt to address central bank overdrafts, off-budget activity

Rua Al Madinah (Image: Supplied by Accor)

Accor’s Q1 sales rise 8% as Middle-East, Africa and Asia Pacific demand picks up

Here’s what you need to know about the US bird flu outbreak

Red Sea

Red Sea tensions: Another cargo ship targeted in Gulf of Aden

food delivery

Meituan in Saudi Arabia: Chinese food delivery platform looks at expansion

Tesla

Tesla promises ‘more affordable’ cars but India, Mexico plants on hold

Abu Dhabi

Abu Dhabi returns to debt markets with $5bn bond sale

ADNOC bumps up decarbonisation budget to $23bn

Mitsui says no decision yet on ADNOC LNG project tie-up after Nikkei report

UAE

Iraq, Turkey, Qatar, UAE sign preliminary deal for $17bn Development Road project

Recycling plastic

Global plastic treaty talks: What do countries and companies want?

Oil

Ample oil supplies limit impact of Middle East tensions on prices

Egypt’s central bank committed to a flexible exchange rate

Egypt committed to flexible exchange rate, central bank deputy says

Bitcoin ‘halving’ has taken place, CoinGecko says

Bitcoin ‘halving’ has taken place, CoinGecko says

Airlines suspend flights due to Middle East tensions

Global airlines suspend flights on Middle East tensions

WhatsApp

Apple pulls plug on WhatsApp, Threads in China

Oman

Oman trade deal a priority for India: Reports

UAE’s IRH eyes majority stake in Vedanta’s Zambian mines

UAE mining giant eyes majority stake in Vedanta’s Zambian mines

IMF cuts Middle East growth outlook on geopolitical tensions

IMF cuts MENA growth outlook on geopolitical tensions, trade disruptions

Sochi added to flydubvai summer network

Flydubai cancels flights to Tehran

ADIB, Mubadala deal

Shares in Bank Syariah Indonesia jump as ADIB denies buy-in talks

Dubai-based Telegram to hit 1 billion users, says founder

Egypt’s finance minister says cutting inflation is priority

Egypt’s finance minister says cutting inflation is priority

Kuwait announces four-day break for New Year 2023-24 GettyImages-913894628

Sheikh Ahmad Abdullah al-Ahmad al-Sabah is Kuwait’s new prime minister

FIVE LUXE JBR

FIVE Hotel Group eyes 2025 IPO, keeps watch on Middle East tensions

Fujairah marine fuel bunker sales hit new records

Abu Dhabi

Abu Dhabi’s TAQA ‘in takeover talks’ for Spanish energy firm Naturgy

Cash buyers dominating Dubai’s luxury property market in 2024 as city logs $1.7bn in Q1 sales

Apple

Apple loses top phonemaker spot to Samsung as iPhone shipments drop

Brent oil price forecast Bloomberg GettyImages-1384536093

Oil prices fall but further escalation could see rates at $100 a barrel