The implications of the recent US election for businesses in the Middle East are complex and layered
geopolitics
Latest in geopolitics
Europe
Analysis: Europe’s right-wing shift unlikely to disrupt Gulf trade ties – experts
Europe’s rightward political shift, driven by self-interest, is unlikely to disrupt trade with the Gulf region amid rising nationalism and anti-EU sentiment, experts say
Canada
America First 2.0: Trump’s new trade doctrine could target allies first, experts say
Experts say viewing Trump solely as anti-China misses the broader global trade transformation underway
China
Analysis: Gulf nations poised as ‘safe zones’ amid Trump 2.0 trade reset, but gains may be limited – experts
Gulf nations’ strategic importance is likely to grow as global trade patterns shift, experts say
Canada
G7 in Italy: Ministers back Middle East ceasefire plan, pledge $50bn for Ukraine – All you need to know
The meeting brought together foreign ministers from Canada, France, Germany, Italy, Japan, the UK, the U.S. and the High Representative of the EU
BRICS
ANALYSIS: Where Non-Aligned Movement sought neutrality, BRICS builds economic bloc
Unlike the Cold War-era neutrality bloc, the expanded BRICS alliance wielding $45 trillion pushes for a new economic order
BRICS
BRICS Summit 2024: Key moments from day 1 of historic Kazan talks
The 2024 BRICS Summit in Kazan marked its first meeting since expansion, with Putin hosting leaders from 24 nations to discuss economic and diplomatic cooperation
BRICS
ANALYSIS: UAE enters BRICS arena, balancing Moscow ties and Western pressures
The three-day BRICS summit marks a crucial moment for the expanded bloc, which now represents 36% of global GDP and 45% of the world’s population
BRICS
UAE’s BRICS Summit debut marks shift towards ‘concrete action,’ experts say
The summit’s outcomes could include new trade pacts, unified positions on international matters, and concrete steps toward de-dollarisation initiatives, experts say
BRICS
UAE President meets Russia’s Putin in Moscow ahead of BRICS summit
The UAE President’s visit precedes the highly anticipated BRICS summit, scheduled to take place in Kazan, Russia from Oct 22-24
BRICS
BRICS summit 2024 to begin on Tuesday: All you need to know
Here’s everyting you need to know about the three-day gathering of influential emerging economies
Brent Crude
Oil eases though investors wary over potential Mideast supply disruption
Brent crude oil futures fell 0.5% to $79.01 a barrel, while the US West Texas Intermediate crude futures dropped 0.4% to $75.53 per barrel on Friday
geopolitical conflicts
Israel-Iran war would be ‘catastrophic’ and ‘devastating’ for Pakistan, says ambassador
The ambassador also called for peace and stability in the region
geopolitical tensions
Lebanon-Israel conflict: Investors urged to stay calm as oil prices surge amid Middle East geopolitical tensions
While short-term volatility is likely, the long-term outlook for oil prices remains subject to a wide range of influences beyond the current Middle East crisis, experts say
China
Inside the global lithium boom and the geopolitical race for EV supply chain dominance
China and Russia are positioning themselves as major forces vying for control over these vital lithium deposits through strategic diplomacy and deal-making
economic outlook
UAE assets: What are the world’s richest people investing in?
What unexpected investments are the world’s wealthiest pursuing amidst 2024’s economic uncertainties? Here is what UAE finance and wealth experts told Arabian Business
Cyberattack
Analysis: Hezbollah pager explosions signal shift to ‘unrestricted, asymmetric warfare’ – experts
Lebanon-Israel tensions enter a “new era” after Tuesday’s deadly Hezbollah pager explosions killed 9 and injured thousands