UAE markets stay under a cautious cloud as the US-Iran conflict dominates regional headlines, keeping Gulf sentiment defensive. On the business side, ADNOC-backed AIQ landed a deal
UAE markets stay under a cautious cloud as the US-Iran conflict dominates regional headlines, keeping Gulf sentiment defensive. On the business side, ADNOC-backed AIQ landed a deal to enter Indian energy markets, and Singapore's Temasek is expanding its Middle East footprint with new offices, a sign that long-term capital still sees opportunity here. Regionally, Qatar and the UAE aligned in backing Ethiopia's government as fighting spreads beyond Tigray, adding another thread to the diplomatic picture.
Sources
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