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Could Hormuz’s closure disrupt the UAE’s food supply?
Alternatives like rerouting through neighboring countries and air freight could help, but they’re slower and more expensive
THIS MORNING: Attacks on energy infrastructure in the Gulf continue + Flights disrupted last night due to missile threat
Plus: Fitch sees Strait of Hormuz closure as posing a “limited” shock to oil prices
THIS MORNING: School’s still out + Markets open today for the first time since the war hit
Plus: First signs of supply chain distress hit China-Gulf corridor for sulfur
Airspace opens up as frequency of attacks dips on day three of US-Israel-Iran war
Damage was seemingly limited in the UAE on day three, with only one reported incident of debris from missile interceptions…
Aramex takes over Irish logistics player
The acquisition bolsters Aramex’s European freight footprint and deepens its cross-border play
War hits the region
The regional security and economic landscape lurched over the weekend as the US and Israel launched a sweeping attack on…
More digital infrastructure coming our way + DP World secures Brazil port contract
EHC Investment and Supermicro are working on AI modular data centers in the region, while DanaCloud and Arabian Gulf Investment…
More delivery drones coming, another partnership for Edge, Fab and ADCB extend loan to Saudi project, and EDC acquires majority stake in local AI player
Fab and ADCB are providing a loan for the USD 500 mn Amiral Industrial Wastewater Treatment and Reuse project in…
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