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121 Search results for red sea disruption

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  • IGI President & CEO Waleed Jabsheh to Present at the 16th Annual East Coast IDEAS Investor Conference on June 10, 2026 in New York City

    Business Wire

    International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that President & CEO Waleed Jabsheh will present at the East Coast IDEAS Investor Conference on Wednesday, June 10, 2026 at The Westin Times Square in New York City. IGI’s presentation is scheduled to begin at 10.35 am Eastern Time. There will [...]

  • IGI Expands Global Footprint as it Secures License to Operate in India’s Gujarat International Finance Tec-City (GIFT City)

    Business Wire

    International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it has secured registration approval from the International Financial Services Centres Authority (IFSCA) to operate an IFSCA Insurance Office (IIO) in India’s Gujarat International Finance Tec-City (“GIFT City”), India’s first and only operational international financial services centre. IGI’s India operation is [...]

  • IGI Announces Increase in Quarterly Ordinary Common Share Dividend

    Business Wire

    International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that its Board of Directors has voted to increase the Company’s quarterly ordinary common share dividend to $0.075 per share, representing a 50% increase from the present rate of $0.05 per share per quarter. This marks the third consecutive year that the [...]

  • IGI Reports First Quarter of 2026 Unaudited Financial Results

    May 5, 2026

    International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today reported financial results for the first quarter of 2026. Highlights for the first quarter of 2026 include: (in millions of U.S. Dollars, except percentages and per share information)   Quarter Ended March 31,   2026 2025 Gross written premiums $197.2  $206.5  Net premiums [...]

  • Ceasefire hangs in balance after Iran shuts Hormuz

    April 9, 2026

    Hopes of an extended deescalation in the Middle East remain hanging by a thread, after Iran shut the vital Strait of Hormuz shipping lane in response to a round of Israeli strikes on Lebanon. Oil tankers have been barred from passing through the narrow stretch of water responsible for carrying over a fifth of seaborne [...]

  • Trump tells Starmer to ‘go get your own oil’

    March 31, 2026

    President Donald Trump has told Sir Keir Starmer that the UK will have to “fight for yourself” as the US would not provide any support in fuel supplies. In another threat targeted at Starmer posted on his own social media platform, the US president mocked the UK’s struggles in obtaining jet fuel because of a [...]

  • Why high oil prices could plunge world into recession by the summer

    March 30, 2026

    The world economy is heading for a “rare” recession in the middle of this year as a prolonged war seems likely amid the prospect of US troops heading to the Middle East.  Economists have warned that activity will fall in the middle of the year if oil prices surge to $150 per barrel and remain [...]

  • What is the long-term plan for the Strait of Hormuz?

    March 23, 2026

    The disruption of the critical Strait of Hormuz by Iran has created a major global energy crisis that requires a high-risk military solution – but the West currently lacks both the determination and a coherent long-term plan. says Eliot Wilson Today is a red-letter day for Middle East navigational hazard enthusiasts: five years ago, at [...]

  • DFS defies wet weather to double profit

    March 19, 2026

    Furniture retailer DFS almost doubled its half-year profit despite recording lower shop footfall as wet weather dampens sales across retail.  The London-listed company recorded a £30m profit in the first half of this year, almost double the £16m recorded the year prior, as revenue grew by nine per cent to £548m.  The wet weather has [...]

  • Miliband and Reeves to meet petrol retailers as fuel costs spike

    March 13, 2026

    Energy Secretary Ed Miliband has said the government “will not tolerate” energy firms profiteering from the rising price of oil amid the war in Iran. Oil prices climbed back above $100 a barrel on Thursday despite the International Energy Agency (IEA) saying on Wednesday that it would release a record 400 million barrels of oil [...]

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