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After Iran attacks, Emirates Global Aluminium warns of 12-month recovery at KEZAD site

Emirates Global Aluminium says major facilities were shut down after missile and drone strikes, with global supply impacts expected

Gareth van Zyl
Gareth van Zyl

03 April, 2026

After Iran attacks, Emirates Global Aluminium warns of 12-month recovery at KEZAD site
A recent media gallery photo of the facilities at EGA's Al Taweelah site in Abu Dhabi.

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Emirates Global Aluminium (EGA) has warned that it could take up to 12 months to fully restore primary aluminium production following damage caused by Iranian missile and drone attacks last weekend on its Al Taweelah site in Abu Dhabi.

In an initial assessment released on April 3, the company said the Al Taweelah complex — one of the world’s largest aluminium production facilities — sustained “significant damage” during the strikes, which targeted the Khalifa Economic Zone Abu Dhabi (KEZAD).

Read more: Emirates Global Aluminium says its KEZAD site damaged amid Iranian attacks

This comes after interceptions of Iranian missiles and drones over Abu Dhabi on March 28 resulted in debris from falling in the KEZAD area, sparking fires in the industrial zone and causing injuries, according to authorities.

The site, which includes the smelter, casthouse, power plant, alumina refinery and recycling plant, was fully evacuated as a precaution, with all facilities entering emergency shutdown, notes EGA.

To restart operations at the smelter, EGA said it must first repair infrastructure damage before progressively restoring each of the reduction cells, a process that could take up to a year.

Other parts of the complex may resume operations sooner. The company said the Al Taweelah alumina refinery and recycling plant could restart some production earlier, depending on the outcome of detailed damage assessments.

Abdulnasser Bin Kalban, CEO of EGA, said the company was “deeply disturbed” by the attack.

“We are deeply disturbed by this attack on our people, who come from more than 40 nations and were simply doing their jobs. We thank God no one received life-threatening injuries and that those hurt are recovering well,” he said.

“Our Al Taweelah site is a foundation of the global economy, and a significant contributor to global supply, making this incident damaging to industries and prosperity worldwide. We will do our very best to support our customers around the world during this difficult period. We are working directly with customers whose deliveries might be impacted by the situation at Al Taweelah.”

The Al Taweelah smelter produced 1.6 million tonnes of cast metal in 2025, underscoring its importance to global aluminium markets.

EGA said it holds substantial metal stock both in transit and stored within the UAE and overseas, which may help cushion immediate supply disruptions.

The site’s alumina refinery produced 2.4 million tonnes in 2025, meeting 46 per cent of the company’s total alumina requirements, while the recycling plant has an annual production capacity of 185,000 tonnes.

Masdar, TotalEnergies’ new $2.2bn JV to boost renewable energy expansion across Asia

Mohamed Jameel Al Ramahi, Masdar’s CEO, said the partnership strengthens Abu Dhabi’s position as a global energy hub

Neesha Salian
Neesha Salian

03 April, 2026

Masdar, TotalEnergies’ new $2.2bn JV to boost renewable energy expansion across Asia
Image: Masdar

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Article Summary
Masdar and TotalEnergies are creating a $2.2bn joint venture to develop onshore renewables in nine Asian markets. The 50/50 organisation will manage solar, wind, and battery storage projects, combining existing assets (3GW) and planned developments (6GW by 2030). Based in Abu Dhabi, the venture aims to capitalise on Asia's growing electricity demand and strengthen both companies' presence in the region.

Abu Dhabi Future Energy Company, Masdar, and France’s TotalEnergies have agreed to form a 50 50 joint venture valued at $2.2bn that will combine their onshore renewable energy operations across nine Asian markets, the companies said on Tuesday.

The venture will become the sole platform for both companies to develop, build, own and operate onshore solar, wind and battery storage projects in Azerbaijan, Indonesia, Japan, Kazakhstan, Malaysia, the Philippines, Singapore, South Korea and Uzbekistan once the deal closes.

Masdar and TotalEnergies will each contribute assets of comparable value.

The portfolio will include 3 gigawatts of operating capacity and an additional 6 gigawatts in advanced development expected to come online by 2030.

Masdar Chairman Dr Sultan Al Jaber said Asia is set to drive global electricity demand growth this decade, adding that the JV would help accelerate renewable deployment across key markets.

Mohamed Jameel Al Ramahi, Masdar’s CEO, said the partnership strengthens Abu Dhabi’s position as a global energy hub and will support expansion into high growth markets.

TotalEnergies CEO Patrick Pouyanné said the agreement aligns with the company’s strategy to build a larger renewable power business and will allow both partners to secure stronger positions in Asia than if they acted separately.

The new company will be headquartered at Abu Dhabi Global Market and employ about 200 staff from both partners.

The transaction remains subject to regulatory approvals and customary conditions.

Tern Group’s Avinav Nigam on building continuity in healthcare

TERN Group’s CEO says addressing workforce management should be viewed as critical infrastructure rather than a staffing problem to patch on the fly

Neesha Salian
Neesha Salian

03 April, 2026

Tern Group’s Avinav Nigam on building continuity in healthcare

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Health systems around the world are wrestling with rising attrition, persistent skill shortages, and structural gaps that no amount of quick hiring seems to fix. In the GCC, where healthcare demand keeps climbing and workforces are increasingly global, the pressure is even sharper. TERN steps into this space with a different view, treating workforce management as critical infrastructure rather than a staffing problem to patch on the fly.

Drawing on experience inside highly regulated European systems, the company has built an AI-driven model that ties recruitment, licensing, deployment, and long-term retention into one governed workflow.

Here, Avinav Nigam, founder and CEO, TERN Group, we explore why that distinction matters, where traditional systems break down, and how smarter workforce intelligence can strengthen care continuity while keeping costs under control.

TERN describes itself as a healthcare workforce infrastructure company rather than a staffing or recruitment platform. How did the company’s origins, operating model, and European standards-based approach shape this positioning, and why is that distinction important for healthcare systems today?

TERN was built working inside some of Europe’s most regulated healthcare systems, particularly Germany and the UK. In those environments, workforce decisions aren’t just HR issues. They’re patient safety issues. You can’t separate hiring from licencing, or deployment from compliance, or retention from care continuity. It’s all connected.

That shaped how we think about the problem. Most workforce failures we saw weren’t because of candidate shortages. They were because systems were fragmented – treating hiring, credentialing, and deployment as separate problems managed by different teams with different tools.

In those markets, you have to build for governance and auditability from day one, not just speed. That became our foundation. That’s why we position ourselves as AI workforce infrastructure rather than a staffing platform. Staffing platforms help you move people into roles faster. We help healthcare systems understand who’s actually ready to work, where capacity really exists, and how to deploy talent safely over time and retain them long term – and with AI at the core.

The distinction matters because – healthcare workforce is one of the largest cost and risk areas for any health system. If you treat it like a staffing function you only think about during a crisis, you’re always going to be in firefighting mode. Infrastructure means you’re building for stability and long-term resilience.

Many healthcare systems frame workforce shortages as a hiring problem. From your perspective, where do system design and workforce deployment break down, and why does adding headcount alone fail to improve care continuity or outcomes?

Headcount is visible and easy to measure, so it becomes the default answer. But more people doesn’t automatically mean better care. Sometimes it just means more chaos.

The breakdown happens in how people get deployed and utilised. Systems hire skilled professionals and then drop them into roles without proper preparation or context. Teams stay stretched not because there aren’t enough bodies, but because the right skills aren’t consistently available where care actually happens.

Adding headcount into a badly designed system can actually make things worse. You increase the burden on existing staff who have to onboard and train new people while doing their own jobs.

International studies show it takes healthcare systems an average of 83 days to hire a registered nurse, and global data indicates each nursing turnover costs upwards of $60,000 when you account for recruiting, onboarding, lost productivity, and the burden on existing staff who have to train newcomers while doing their own jobs. That accelerates burnout. And if the underlying coordination problems aren’t fixed, you just end up with higher turnover at a larger scale.

The core issue is this: continuity of care needs continuity of the workforce. Globally, over the past five years, hospitals have turned over 107 per cent of their workforce – meaning they’ve replaced their entire staff and then some. That requires more than hiring. You need to understand who’s ready for what roles, how they fit, how they’ll develop over time. Without that, you’re just running on a treadmill, hiring constantly while outcomes stay flat or get worse.

This is where TERN’s approach differs fundamentally. The platform doesn’t just accelerate hiring – it helps healthcare systems deploy smarter and retain longer. You get visibility into candidate readiness before making the hire, not six months after when it’s too late.

Healthcare leaders can see which candidates actually match specific role requirements, where their skills fit in the system, and how likely they are to stay based on competency alignment and career trajectory. Instead of the typical pattern – hire someone in 83 days, discover six months later they’re in the wrong role or leaving due to poor fit – you’re making evidence-based deployment decisions from day one.

That’s how you break the turnover cycle. Not by adding more headcount faster, but by getting the right people into the right roles with the right support from the start.

Healthcare workforce management is often fragmented across sourcing, training, licensing, deployment, and operations. How does this fragmentation drive reactive staffing decisions, burnout, and rising attrition across health systems?

Fragmentation creates blind spots. And blind spots force people into reactive mode. When your sourcing system doesn’t talk to licensing, when training programmes aren’t aligned with actual deployment needs; when credential tracking sits in spreadsheets rather than integrated platforms, you lose the ability to plan ahead. You end up with professionals overtrained in areas that don’t matter for their roles, or undertrained for the work they’re actually doing. Either way, it’s frustrating.

And when deployment happens without visibility into who’s credentialed, who’s been trained for what, or how workload is distributed, you can only react after gaps appear and start affecting care.

What happens then is predictable. Last-minute redeployments. Heavy reliance on expensive temporary staff. Uneven workloads. Constant disruption to care teams. Global healthcare data shows that 44 per cent of healthcare turnover is preventable through improvements in work environment and better deployment decisions, yet most organisations still operate reactively.

Over time, professionals lose predictability and control. They can’t plan their schedules or their development. They feel interchangeable rather than valued.
This is especially true in places like the GCC, where you have international workforces dealing with complex credentialing across different regulatory systems. When processes are fragmented, even highly motivated professionals burn out, not from the work, but from the system chaos around it.

People don’t leave healthcare because they stopped caring. They leave because fragmented systems make it impossible to sustain contribution over time. International workforce studies indicate that 95 per cent of hospital separations are voluntary – meaning these are preventable losses, not retirements or involuntary terminations.

TERN positions recruitment as the entry point, not the solution. How does workforce intelligence change how healthcare organisations plan, deploy, and sustain talent at scale?

Recruitment answers the question: “Who can start Monday?”

Workforce intelligence answers: “Who’s still going to be effective and engaged six months from now and how do we get them there?”

When you have actual visibility into skills, readiness, credentials, deployment history, development needs, planning changes. You move from reactive to anticipatory.

Instead of filling gaps one role at a time when someone quits, you start seeing patterns earlier. You can identify where expertise is sitting underutilised in one area while another area is desperate for it. You can align training with what’s actually coming, not just what broke yesterday.

At scale, this becomes essential. In large healthcare workforces, you can’t rely on individual relationships and people remembering things. You need systems that give the right information to whoever’s making deployment decisions, whether that’s a frontline manager or executive leadership.

Without intelligence, scale just means more complexity. With it, you can actually build continuity.

AI-led workforce intelligence is becoming more prominent across healthcare operations. What practical role does AI play in turning talent mobility into a governed, auditable, and efficient system rather than a transactional staffing model?

AI’s value isn’t automating decisions. It’s eliminating blind spots that make decisions risky or slow.

Practically, AI connects data that usually lives in separate places. Who’s credentialed? Who’s ready today? Which roles match their actual competencies? Where are compliance issues emerging before they become crises? Instead of spending weeks coordinating all this manually, AI makes it accessible in real-time.

This matters especially for cross-border talent mobility, which is reality for most GCC healthcare. OECD data shows that international healthcare hiring can take three–six months longer than domestic hiring, largely due to fragmented credentialing and compliance workflows. When applied correctly, AI doesn’t disrupt the system. It stabilises it by giving leaders faster, safer, and more defensible workforce decisions at scale.

We use AI used to pre-verify credentials, standardise readiness assessments, and create auditable workflows across sourcing, licensing, and deployment. In live European deployments, this has reduced work-readiness timelines by 40–60 per cent, while maintaining full audit trails required by regulators.

When applied correctly, AI doesn’t disrupt healthcare systems. It stabilises them by giving leaders faster, safer and more defensible workforce decisions at scale.

How does combining ethical talent access with operational insight help healthcare providers optimise costs while maintaining quality, safety, and continuity of care?

Cost pressure is real. But cutting costs without insight usually creates bigger problems down the line.

What most people don’t see are the hidden workforce costs. Attrition from unethical recruitment practices where people leave because of debt burdens. Dependency on expensive temporary staffing to fill recurring gaps. Compliance failures that take whole teams offline. None of this shows up clearly in budgets, but it’s expensive.

Ethical talent access removes those costs at the source. WHO estimates that attrition and inefficiency account for up to 20 per cent of total healthcare workforce expenditure in some systems. Much of this is driven by poor role fit, unethical recruitment practices that lead to early exits, and over-reliance on premium temporary staffing.

Ethical talent access removes these risks at the source. Operational insight means once people join, they’re deployed well and supported properly, so they stay longer and contribute more.

In practice, healthcare providers using governed, zero-fee recruitment pathways and workforce intelligence report lower early attrition and reduced agency dependency. At TERN, healthcare systems see more predictable staffing costs and fewer emergency hires because readiness, deployment, and continuity are planned together.

The result is straightforward. Fewer emergency hires. Less reliance on premium temporary staff. More stable teams delivering consistent, safer care. Lower turnover. All of that drives cost down, while quality goes up.

When the workforce is stable and properly matched to roles, you see fewer clinical errors, better patient outcomes, and stronger team coordination. That’s the safety dividend. When people aren’t constantly onboarding or covering for gaps, care quality improves naturally.

The key insight is that quality, safety, and cost don’t have to compete. When workforce systems are designed with transparency and continuity built in, they reinforce each other instead of pulling in different directions.

Read: TASC’s Mahesh Shahdadpuri on how UAE firms can protect jobs in uncertain times

The Great Decoupling: How Dubai’s property market survived its first month of war

Dubai’s property market hasn’t cracked — it has split, with off-plan resilience masking weakness in the secondary segment, writes Ali Shahin, founder of The Real Estate Reports

Ali Shahin
Ali Shahin

03 April, 2026

The Great Decoupling: How Dubai’s property market survived its first month of war

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At first glance, the verdict on Dubai’s real estate market in March 2026 looks sobering.

This was the first full month of trading under the geopolitical shadow of the Iran conflict, and the surface-level numbers suggest a market losing its footing. Total transaction value cooled to Dhs53.4bn, a sharp 29.2 per cent drop from February and a 12.6 per cent slide year-on-year.

But for those who look past the headlines, the data reveals a far more resilient, albeit “split”, reality. This wasn’t the story of a market breaking; it was the story of one being stress-tested in real time.

The land illusion

The true health of the market becomes clear once you strip away land transactions. According to The Real Estate Reports analysis, March’s ex-land transaction value sat at Dhs34.03bn. While this reflects a month-on-month cooling, it is actually 1 per cent higher than March of last year.

We aren’t looking at a market in freefall. We are looking at a market that has decoupled.

Tale of two markets: Off-plan vs ready

The most significant revelation from the first 30 days of the conflict is the widening gap between the secondary market and developer-led sales.

The pressure hit the ready market hardest. Transaction value for ready properties, excluding land, plummeted to Dhs10.5bn, a 43.5 per cent crash from February. In contrast, the off-plan sector remained the market’s primary engine. Off-plan value reached Dhs23.5bn, a 20.3 per cent increase compared to March 2025.

This distinction is vital. If investors had lost faith in the Dubai dream, off-plan, the most speculative segment, should have been the first casualty. Instead, it became a sanctuary.

The liquidity gap

This trend highlights a structural reality of the Dubai cycle: liquidity isn’t evenly distributed. In moments of high sentiment, everyone wins. In moments of uncertainty, the market gravitates toward professional management.

Developers can maintain momentum through strategic launches, global branding, and flexible payment plans. Individual sellers in the secondary market simply don’t have those tools. When the safe-haven narrative is questioned, the gap between a managed developer project and a private resale widens into a canyon.

No room for panic

The weekly data further debunks the frozen market theory. While week three saw a dip to Dhs8.49bn, this coincided with Eid Al Fitr holiday, a poor metric for panic. By week four, off-plan activity had already bounced back to Dhs6.74bn, its strongest weekly showing of the month.

Furthermore, the trophy buyers never left the building. March saw a single off-plan apartment deal at Aman Residences reach a staggering Dhs422m. Meanwhile, high-value trades continued in Palm Jumeirah and Bluewaters. Regardless of the broader noise, ultra-high-net-worth appetite for Dubai’s crown jewel assets remains intact.

The macro buffer

The backdrop is undeniably complex. Reuters reported early signs of weakness, and some secondary market sellers have begun offering discounts of 12 per cent to 15 per cent. However, major ratings agencies like S&P and Fitch have maintained stable outlooks for the UAE, citing strong state buffers and a Dhs1bn economic support package.

The verdict

The first 30 days of war conditions have produced a reading that is neither triumphalist nor alarmist.

Dubai did not suffer a generalised freeze.

The real casualty was confidence in the secondary market, not confidence in the city itself.

Investors are no longer taking the safe-haven premium for granted, but they aren’t ready to abandon it either. For now, the market is in a sophisticated wait-and-see mode, proving that while it can be bent by regional shocks, it is remarkably hard to break.

Full list: Global airlines cancel flights across Middle East amid regional conflict

Global carriers continue to suspend routes as regional airspace disruption hits Dubai, Doha and beyond.

Reuters
Reuters

03 April, 2026

Full list: Global airlines cancel flights across Middle East amid regional conflict
Image: Getty Images

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Global air travel remains severely disrupted, with passengers facing widespread cancellations after the Iran war forced the closure of major Middle East hubs, including Dubai, Doha and Abu Dhabi.

Here’s the latest airline-by-airline breakdown:

Aegean Airlines

  • Cancelled flights to Riyadh, Tel Aviv, Beirut and Amman until April 30.
  • Dubai, Baghdad and Erbil routes suspended until May 31.

airBaltic

  • Tel Aviv flights cancelled until May 31.
  • Dubai flights suspended until October 24.

Air Canada

  • All Dubai and Tel Aviv flights cancelled until September 7.

Air Europa

  • Tel Aviv flights cancelled until May 3.

Air France-KLM

  • Air France has suspended Tel Aviv, Beirut, Dubai and Riyadh flights until April 19.
  • KLM has suspended Tel Aviv, Riyadh, Dammam and Dubai flights until May 17.

Cathay Pacific

  • All passenger flights to Dubai and Riyadh cancelled until May 31.
  • The airline is adding extra flights to London, Paris and Zurich in April.

Delta Air Lines

  • New York-Tel Aviv flights cancelled.
  • Atlanta-Tel Aviv restart delayed until September 5.
  • Boston-Tel Aviv launch postponed until further notice.

El Al

  • Flights from Israel cancelled through April 11.
  • Limited services are still operating on key routes.

Emirates

  • The airline is operating a reduced schedule following a partial reopening of regional airspace.

Etihad Airways

  • The carrier is operating a commercial flight schedule between Abu Dhabi and around 80 destinations.

Finnair

  • Doha flights cancelled until July 2.
  • The airline continues to avoid the airspace of Iraq, Iran, Syria and Israel.
  • Dubai flights are only expected to resume in October.

flynas

  • Suspended flights to Dubai, Abu Dhabi, Sharjah, Doha, Bahrain, Kuwait, Iraq and Syria until April 15.

IAG (British Airways and Iberia Express)

  • British Airways has extended cancellations to Amman, Bahrain, Dubai and Tel Aviv until May 31.
  • Doha flights are suspended until April 30.
  • Flights to Abu Dhabi remain suspended until later this year.
  • Iberia Express has cancelled all flights to and from Tel Aviv through May 31.

Japan Airlines

  • Tokyo-Doha flights suspended until April 10 and 11.

LOT Polish Airlines

  • Tel Aviv flights suspended until May 31.
  • Riyadh flights cancelled until June 30.
  • Beirut flights cancelled from March 31 to May 30.
  • The airline plans to resume its Dubai winter route in October.

Lufthansa Group

  • Lufthansa, Swiss, Austrian Airlines, Brussels Airlines, ITA Airways and Edelweiss have suspended flights to Dubai and Tel Aviv until May 31.
  • Flights to Abu Dhabi, Amman, Beirut, Dammam, Riyadh, Erbil, Muscat and Tehran are suspended until October 24.
  • Eurowings plans to suspend Tel Aviv, Beirut and Erbil through April 30.
  • Eurowings flights to Dubai, Abu Dhabi and Amman are suspended through October 24.

Malaysia Airlines

  • Doha flights suspended until June 14.

Norwegian Air

  • Launches of Tel Aviv and Beirut services delayed until June 15.
  • Dubai flights cancelled for the remainder of the winter season through April 8.

Pegasus Airlines

  • Flights across Iran, Iraq, Amman, Beirut, Kuwait, Bahrain, Doha, Dammam, Riyadh, Dubai, Abu Dhabi and Sharjah cancelled until May 1.

Qantas

  • The airline is increasing flights to Rome and Paris.
  • Perth-Singapore services will rise from daily to 10 flights per week.
  • The updated schedule will be rolled out from mid-April until late July.

Qatar Airways

  • The carrier is gradually increasing flights to and from Doha, targeting more than 120 destinations by mid-May.

Singapore Airlines

  • Dubai flights suspended until May 31.
  • The airline is adding services on Singapore-London Gatwick and Singapore-Melbourne routes.

Turkish Airlines

  • Most Middle East flights cancelled until the end of March.
  • SunExpress has cancelled flights to Dubai until April 6 and Bahrain until April 30.

Wizz Air

  • Israel flights suspended until April 13.
  • Dubai, Abu Dhabi and Amman flights from mainland Europe suspended until mid-September.
  • All flights to Medina have been suspended indefinitely.

India’s sugar output to fall below demand for second year

In February, India raised its sugar export quota to 2 million tonnes, adding 500,000 tonnes to the 1.5 million tonnes approved earlier

Reuters
Reuters

03 April, 2026

India’s sugar output to fall below demand for second year

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India’s sugar production is set to fall below consumption for a second straight year, as lower cane yields force mills to close faster than usual, trade officials told Reuters on Thursday.

Lower output, coupled with rising exports, is likely to reduce domestic stockpiles and support local prices, which had been under pressure due to surplus supplies.

“Sugar production is unlikely to exceed 28 million metric tonnes this season,” said the India head of a global trade house based in Mumbai.

“Most sugar mills have already closed, with only a few still operational, which are expected to close in the coming weeks.”

At the start of the season, industry bodies including the Indian Sugar & Bio-Energy Manufacturers Association (ISMA) and the National Federation of Cooperative Sugar Factories Ltd (NFCSF) had forecast production of around 31 million tonnes, against local demand of 28.5 to 29 million tonnes.

However, lower cane yields due to excessive rainfall had forced 467 of the 541 mills that began operations this year to shut by the end of March, according to NFCSF data. Last year, 420 mills had closed by the same time.

Indian sugar mills produced 27.12 million tonnes of sugar in the first half of the 2025/26 marketing year ending in September 2026, up 9 per cent from a year earlier, NFCSF data showed.

Almost all mills in Maharashtra and Karnataka, India’s largest and third-largest sugar-producing states, have shut earlier than expected, said a New Delhi-based dealer with a global trade house.

“The government allowed exports hoping for a large surplus. But now it is certain that production will not even meet domestic consumption,” said the dealer.

In February, India raised its sugar export quota to 2 million tonnes, adding 500,000 tonnes to the 1.5 million tonnes approved earlier.

After last year’s drop in production, the industry was counting on this season to increase stocks and export surplus, but lower output will reduce opening stocks for the next season, said an official with a leading industry body, who declined to be named.

“This season began with opening stocks of 5 million tonnes, but the next season will start with less than 4 million tonnes. This should help firm up sugar prices,” the official said.

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