Mideast shipping risks seen elevated amid US-Iran tensions

London: The risk to shipping in one of the world’s key oil-producing regions is set to rise following a US air strike in Iraq that killed a top Iranian commander, just months after spiking to record levels on heightened geopolitical risk. Iran vowed “severe retaliation” for the attack that killed General Qasim Soleimani, who led […]

MidEast start-ups pull in $704m in 2019

Dubai: Investments in start-ups in the Middle East and North Africa rose 13 per cent to $704 million last year as more investors clambered on board seeking such opportunities. In total, there were 564 investments in regional start-ups during the year. The value excludes the mega deals of Careem and Souq, according to the latest […]