Gold surges in Dubai as investors seek safety amid regional conflict
Dubai: Gold buyers in Dubai woke up to the highest prices in a month on Tuesday morning, with the 24-karat rate climbing to Dh646.50 per gram at 9.24am, up from Dh641 a day earlier, while 22-karat rose to Dh598.75 from Dh593.50. Sign up for our daily business newsletter, Cheques & Balances.The move»»»
Syria offers condolences to Kuwait after two soldiers were killed
Damascus, March 3 (SANA) Syria’s Foreign Ministry offered condolences to Kuwait after two Kuwaiti soldiers were killed while carrying out their duties, as regional tensions escalate following recent military exchanges involving Iran, the United States and Israel. In a statement issued in Damascus l»»»
Oil prices extend gains after Iran makes new threat to Gulf shipping
Oil prices made more gains on Tuesday after an Iranian official said his country will "set fire to anyone who tries to pass through" the Strait of Hormuz as the conflict between his country and the US and Israel continues In afternoon trade in Asia, Brent crude was around 3.2% higher at more than $»»»
How Sharjah is maintaining stability through advanced monitoring
Sharjah: Authorities have affirmed that the overall situation across the emirate remains stable, with all federal and local entities operating under a unified national framework to ensure preparedness and rapid response to any developments. Brigadier Dr Jassim Bin Hadda Al Suwaidi, Deputy Director »»»
China Votes to Oust 3 Generals from Political Advisory Body
China's top political advisory body has voted to remove three generals, state media said, a week after nine military officials were ousted from its legislature. The move comes as Beijing escalates a sweeping purge of military officials, days before thousands of delegates from across the country mee»»»
Trump Says Iran War Could Last Weeks
As the war in the Middle East intensifies, President Donald Trump said that the United States has “the capability to go far longer" than its projected four-to-five-week time frame for its military operations against Iran. Trump said that America has a “virtually unlimited supply” of munitions to us»»»
Iran blocks Strait of Hormuz, taking hit at global shipping - UPI.com
Remaining regime forces have blocked the Strait of Hormuz after the United States and Israel launched a war against Iran on Saturday morning. An aerial view, taken with a drone, shows a crowd holding a flag during a march and rallyin support of regime change in the Middle Eastern nation. Photo by T»»»
N.J. man charged with ramming car into Brooklyn synagogue - UPI.com
Federal prosecutors on Monday announced charges in January's car-ramming of the global headquarters of the Chabad-Ludavitch movement in the Crown Heights neighborhood of Brooklyn. File Photo by Bonnie Cash/UPI | License Photo March 4 (UPI) -- Federal prosecutors have arrested and charged a 36-year-»»»
Record wage surge signals confidence in Saudi non-oil economy
Dubai: Saudi Arabia’s non-oil private sector lost a touch of speed in February, yet companies continued to hire aggressively and raise wages at the fastest pace since records began, signalling confidence that domestic demand remains intact. Sign up for our daily business newsletter, Cheques & Balan»»»
Etihad extends suspension of Abu Dhabi flights amid regional airspace disruption
Etihad Airways has extended the suspension of all scheduled commercial flights to and from Abu Dhabi until 2:00pm UAE time on Wednesday, 4 March, citing ongoing regional airspace disruptions. Passengers are advised not to travel to the airport unless contacted directly by the airline with confirmed»»»
Trump's Iran endgame unclear after mixed messaging on war aims
Three days into the US strikes on Iran, President Donald Trump's war aims and vision for the future of the country remain opaque. Trump and senior administration officials have offered a wide range of views about what they hope to achieve in the largest American military operation in the Middle Eas»»»
Strait of Hormuz: What happens if Iran shuts global oil corridor?
Iran says it will "set fire" to any ships trying to pass through the Strait of Hormuz, the world's busiest oil shipping channel. Usually, about 20% of global oil and gas passes through the narrow shipping lane in the Gulf. But Iran's General Sardar Jabbari said that Tehran will now "not let a singl»»»
How the UAE’s National Emergency System protected lives during recent events
Stay updated: Get the latest faster by downloading the Gulf News app now - it's completely free. Click here for Apple or here for Android. You can also find it on the Huawei AppGallery.Ali Saeed Al Neyadi, Chairman of the National Emergency Crisis and Disaster Management Authority,l (NCEMA), reveal»»»
India and Canada strike 'landmark' uranium supply deal
India and Canada on Monday agreed to a number of key trade accords that included cooperation on critical minerals and a "landmark" uranium supply deal for nuclear power, the countries' leaders said in New Delhi. India and Canada on Monday reached a string of agreements, including on critical minera»»»
LIVE UPDATES: Middle East Tensions Mount After Strikes on Iran – Day 4
The United States and Israel carried out a coordinated series of strikes on February 28 targeting multiple sites in Iran, including locations in Tehran. In response, Iran launched retaliatory strikes against Israeli territory and US military bases across the Middle East. The operation against Iran »»»
Light at end of tunnel seen in Turkish manufacturing PMI data for February
Light at the end of the tunnel is seen in the data gathered for the February edition of the Istanbul Chamber of Industry Türkiye Manufacturing Purchasing Manufacturers’ Index (PMI). The headline PMI posted 49.3 in February»»»
War on Iran could produce period “nobody can handle”, warns Erdogan
The consequences of not intervening to stop the conflict between Iran and the allied forces of the US and Israel could produce a period that “nobody can handle”, Turkey’s President Recep Tayyip Erdogan warned on March 2. "»»»
Light at end of tunnel seen in Turkish manufacturing PMI data for February
Light at the end of the tunnel is seen in the data gathered for the February edition of the Istanbul Chamber of Industry Türkiye Manufacturing Purchasing Manufacturers’ Index (PMI). The headline PMI posted 49.3 in February»»»
South Korea faces renewable energy safety concerns
A string of accidents at renewable energy sites in South Korea has sharpened public concern over safety just as lawmakers moved to relax regulations governing how close such facilities can be built to homes and roads. According to The Chosun Daily, the National Assembly passed amendments on Februar»»»
Hormuz crisis puts one-fifth of global LNG supply at risk
Escalating US-Iran tensions have halted LNG production in Qatar and threatened shipping through the Strait of Hormuz, exposing Europe, Asia and emerging importers to sharp price spikes and renewed energy security risks. WH»»»
Myanmar's ruling junta releases thousands of prisoners
Myanmar’s military administration has announced a sweeping amnesty covering thousands of detainees, many of them political prisoners, as well as activists facing prosecution or at present living in hiding. According to AP, the move was confirmed by state media on March 2 and comes shortly before th»»»
Indonesia’s geothermal quest: where massive potential meets structural reality
Indonesia has long been viewed as a geothermal powerhouse in waiting. Sitting atop roughly 40% of the world’s total volcanic energy resources, the country appears uniquely positioned to anchor its much needed energy transition to underground heat rather than fossil fuels, as Indonesia Business Post»»»
Indian electric two-wheelers growth to slow to 12–13% in FY2026 on magnet shortage
Volume growth of electric two-wheelers (E2Ws) in India is expected to slow 12–13% in FY2026 from approximately 22% last year due to short-term supply-side disruptions and shifting price dynamics weighing on momentum, a report by Crisil Rating said. A shortage of rare-earth magnets, a vital com»»»
Hormuz crisis puts one-fifth of global LNG supply at risk
Escalating US-Iran tensions have halted LNG production in Qatar and threatened shipping through the Strait of Hormuz, exposing Europe, Asia and emerging importers to sharp price spikes and renewed energy security risks. WH»»»
India and Canada chart new partnership
India and Canada are elevating their bilateral relations across domains as announced during Canadian Prime Minister Mark Carney’s visit to India from February 27 to March 2 2026. The visit has highlighted a comprehensive a»»»
Hormuz crisis puts one-fifth of global LNG supply at risk
Escalating US-Iran tensions have halted LNG production in Qatar and threatened shipping through the Strait of Hormuz, exposing Europe, Asia and emerging importers to sharp price spikes and renewed energy security risks. WH»»»
Hormuz crisis puts one-fifth of global LNG supply at risk
Escalating US-Iran tensions have halted LNG production in Qatar and threatened shipping through the Strait of Hormuz, exposing Europe, Asia and emerging importers to sharp price spikes and renewed energy security risks. WH»»»
Israel and Hezbollah enter open war
Israel launched airstrikes across Lebanon after Hezbollah fired missiles and drones at northern Israel, following the killing of Iran’s Supreme Leader Ali Khamenei, marking the most serious escalation since the 2024 ceasefire. »»»
COMMENT: Gulf economies face tourism shock due war disruption, but global effects are manageable
The economic impact of the escalating conflict in the Middle East will be concentrated in the Gulf, with global spillovers largely confined to higher energy prices, according to Ryan Sweet, Chief Global Economist at Oxford Economics. Tourism has grown in recent years, but the expected reduction in »»»
What arms can Russia supply Iran with?
Russia’s expanding military support for Iran reflects a growing strategic alignment between the two countries, even if the weapons supplied are unlikely to shield Tehran from US or Israeli air power, according to Nikita Smagin of the Carnegie Endowment for International Peace. »»»
MARINS: The Gulf’s geography tilts the battlefield against the US
The decisive factor in any confrontation between the US and Iran in the Gulf is not the number of American warships deployed, but the geography of the theatre itself and the asymmetric capabilities Tehran has built to exploit it, according to bne IntelliNews military analysts Patricia Marins. »»»
COMMENT: Gulf economies face tourism shock due war disruption, but global effects are manageable
The economic impact of the escalating conflict in the Middle East will be concentrated in the Gulf, with global spillovers largely confined to higher energy prices, according to Ryan Sweet, Chief Global Economist at Oxford Economics. Tourism has grown in recent years, but the expected reduction in »»»
MARINS: The Gulf’s geography tilts the battlefield against the US
The decisive factor in any confrontation between the US and Iran in the Gulf is not the number of American warships deployed, but the geography of the theatre itself and the asymmetric capabilities Tehran has built to exploit it, according to bne IntelliNews military analysts Patricia Marins. »»»
War on Iran could produce period “nobody can handle”, warns Erdogan
The consequences of not intervening to stop the conflict between Iran and the allied forces of the US and Israel could produce a period that “nobody can handle”, Turkey’s President Recep Tayyip Erdogan warned on March 2. "»»»
COMMENT: The coming Sunni-Shia showdown in the Middle East
The question not yet asked in all the confusion over the outbreak of hostilities on multiple fronts in the Middle East is whether or not the tangled web of historic rivalries that makes up the region could yet slip into an all-out Sunni–Shia war? »»»
Israel and Hezbollah enter open war
Israel launched airstrikes across Lebanon after Hezbollah fired missiles and drones at northern Israel, following the killing of Iran’s Supreme Leader Ali Khamenei, marking the most serious escalation since the 2024 ceasefire. »»»
What arms can Russia supply Iran with?
Russia’s expanding military support for Iran reflects a growing strategic alignment between the two countries, even if the weapons supplied are unlikely to shield Tehran from US or Israeli air power, according to Nikita Smagin of the Carnegie Endowment for International Peace. »»»
COMMENT: Gulf economies face tourism shock due war disruption, but global effects are manageable
The economic impact of the escalating conflict in the Middle East will be concentrated in the Gulf, with global spillovers largely confined to higher energy prices, according to Ryan Sweet, Chief Global Economist at Oxford Economics. Tourism has grown in recent years, but the expected reduction in »»»
MARINS: The Gulf’s geography tilts the battlefield against the US
The decisive factor in any confrontation between the US and Iran in the Gulf is not the number of American warships deployed, but the geography of the theatre itself and the asymmetric capabilities Tehran has built to exploit it, according to bne IntelliNews military analysts Patricia Marins. »»»
MARINS: The Gulf’s geography tilts the battlefield against the US
The decisive factor in any confrontation between the US and Iran in the Gulf is not the number of American warships deployed, but the geography of the theatre itself and the asymmetric capabilities Tehran has built to exploit it, according to bne IntelliNews military analysts Patricia Marins. »»»
War on Iran could produce period “nobody can handle”, warns Erdogan
The consequences of not intervening to stop the conflict between Iran and the allied forces of the US and Israel could produce a period that “nobody can handle”, Turkey’s President Recep Tayyip Erdogan warned on March 2. "»»»
Drone strike on US embassy in Riyadh: Saudi defence ministry
The United States embassy in Riyadh was hit by at least two drones early on the morning of Tuesday, March 3, according to a statement by Saudi Arabia’s defence ministry. The incident is understood to have caused a small fire and limited damage to the building. »»»
COMMENT: The coming Sunni-Shia showdown in the Middle East
The question not yet asked in all the confusion over the outbreak of hostilities on multiple fronts in the Middle East is whether or not the tangled web of historic rivalries that makes up the region could yet slip into an all-out Sunni–Shia war? »»»
What arms can Russia supply Iran with?
Russia’s expanding military support for Iran reflects a growing strategic alignment between the two countries, even if the weapons supplied are unlikely to shield Tehran from US or Israeli air power, according to Nikita Smagin of the Carnegie Endowment for International Peace. »»»
COMMENT: Gulf economies face tourism shock due war disruption, but global effects are manageable
The economic impact of the escalating conflict in the Middle East will be concentrated in the Gulf, with global spillovers largely confined to higher energy prices, according to Ryan Sweet, Chief Global Economist at Oxford Economics. Tourism has grown in recent years, but the expected reduction in »»»
MARINS: The Gulf’s geography tilts the battlefield against the US
The decisive factor in any confrontation between the US and Iran in the Gulf is not the number of American warships deployed, but the geography of the theatre itself and the asymmetric capabilities Tehran has built to exploit it, according to bne IntelliNews military analysts Patricia Marins. »»»
COMMENT: The coming Sunni-Shia showdown in the Middle East
The question not yet asked in all the confusion over the outbreak of hostilities on multiple fronts in the Middle East is whether or not the tangled web of historic rivalries that makes up the region could yet slip into an all-out Sunni–Shia war? »»»
Israel and Hezbollah enter open war
Israel launched airstrikes across Lebanon after Hezbollah fired missiles and drones at northern Israel, following the killing of Iran’s Supreme Leader Ali Khamenei, marking the most serious escalation since the 2024 ceasefire. »»»
What arms can Russia supply Iran with?
Russia’s expanding military support for Iran reflects a growing strategic alignment between the two countries, even if the weapons supplied are unlikely to shield Tehran from US or Israeli air power, according to Nikita Smagin of the Carnegie Endowment for International Peace. »»»
COMMENT: Gulf economies face tourism shock due war disruption, but global effects are manageable
The economic impact of the escalating conflict in the Middle East will be concentrated in the Gulf, with global spillovers largely confined to higher energy prices, according to Ryan Sweet, Chief Global Economist at Oxford Economics. Tourism has grown in recent years, but the expected reduction in »»»