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Middle East

  • Barclays set to cash in on market frenzy amid Middle East crisis

    March 5, 2026

    Barclays and its UK banking peers could be set for a cash boost from the brewing crisis in the Middle East as investors quickly dump equities and fears of an inflation spike spread. FTSE 100 giant Barclays has been noted as uniquely shielded by analysts due to its mammoth market divisions. Jefferies analysts said the [...]

  • Borrowing costs spike as Middle East conflict rages

    March 3, 2026

    The cost of UK government borrowing spiked on Tuesday morning, while the pound plummeted as markets continued to digest the impacts of the intensifying conflict in the Middle East.  The yield on the 10-year Gilt jumped 0.15 percentage points to 4.46 per cent while 2-year Gilt yields, which closely track interest rate expectations, spiked 0.16 [...]

  • UK gas prices spike over 90 per cent amid US-Iran war

    March 3, 2026

    Gas prices in the UK have nearly doubled as the war between US and Iran ramped up since the weekend. The price of UK wholesale gas prices – which reflect the costs energy suppliers pay to producers for natural gas before selling to household and businesses – has rocketed by 93 per cent in just [...]

  • Defence stocks jump as Iran conflict drives munitions demand

    March 2, 2026

    European defence stocks rose at the start of the week as investors anticipated that the widening conflict in the Middle East will push up demand for munitions and military hardware.  Although the European-wide Stoxx 600 was trading 1.3 per cent lower, many of the continent’s largest weapons manufacturers were comfortably in the green.  In the [...]

  • Oil prices spike as UK base hit by Iranian missile

    March 2, 2026

    Oil prices spiked this morning as tensions continued to escalate in the Middle East, raising concerns that a key shipping route could be halted and an Iranian missile attack on an RAF base could drag the UK into a regional war. The cost of a barrel of brent crude – the international benchmark for oil [...]

  • London ad campaign boosts Abu Dhabi theme parks

    January 7, 2026

    Visitors from the UK to Abu Dhabi’s theme parks surged by 40 per cent last year following the first advertising campaign for them in London which saw banners for Sea World, Warner Bros World and Ferrari World plastered on the walls of underground stations and at Canary Wharf. It was part of a diversification plan [...]

  • Informa boss shifts residency to UAE

    October 31, 2025

    The boss of a FTSE 100 company Informa has shifted his residency to the UAE and stepped back from his role in the House of Lords, to run the data and events firm from what is one of its fastest-growing regions. Lord Carter, who was the founding chief executive of media watchdog Ofcom, has relocated [...]

  • Abu Dhabi sets sights New York, London and Singapore

    October 30, 2025

    Over the last decade, Abu Dhabi has attracted more than 300 financial firms, with a combined $28.6 trillion in assets globally, as the city positions itself as a global “capital of capital.” ADGM, Abu Dhabi’s international financial centre, revealed it has experienced rapid growth from financial firms over the last three years, increasing from 131 [...]

  • The Gulf gamble: American and British law firms racing to Saudi Arabia

    October 30, 2025

    Saudi Arabia is rapidly becoming the focus of global legal attention. But this shift is not merely speculative; it is part of a calculated move by the Kingdom to attract world-class expertise. The Kingdom of Saudi Arabia changed its law two years ago to allow foreign law firms to operate independently, as part of its [...]

  • HSBC shares jump after naming top Natwest boss as new UK chief

    October 21, 2025

    European banking juggernaut HSBC enjoyed a bump in its share price as markets opened on Monday after the bank named its new UK boss. David Lindberg, who most recently led retail banking operations at Natwest, will join the FTSE 100 titan to take the helm at its UK bank. Shares jumped near two per cent [...]

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