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MENA airlines face a possible USD 4.3 bn in losses
Gulf carriers are facing the double whammy of shuttered airspaces and surging jet fuel rates, and the lost volumes from…
Bahrain’s Mumtalakat had a good year in 2025
Plus: Egypt’s Misr Fertilizers gets a taste of war tailwinds
Results from airlines and retailers in 1Q 2026 foreshadow what markets can expect from everyone else in 2Q
The further you were from the blast zone, the less you were hit by the fallout
MENA+ earnings in 1Q 2026 paint a very mixed (and still incomplete) picture of the war’s impact
Plus: Grocery retailers also had a mixed 1Q, while flynas’ bottom line was weighed down despite higher capacity boosting revenues
Despite fallout from the war, Emirates NBD and FAB beat earnings expectations in 1Q 2026
Both state-backed giants still took booked impairment charges — and ENBD says its USD 3 bn India acquisition is still…
Saudi corporates have an uneven 1Q earnings outlook
Because the conflict escalated during Ramadan, Sico believes its immediate impact on earnings may be smaller than expected
Vulture investor, indeed
Lufthansa’s CEO expects Gulf carriers to take it on the chin