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THIS MORNING: Drone strike targets Barakah nuclear plant + IHC subsidiary eyes a USD 1.3 bn investment in Adani Airport Holdings
Plus: Emirates NBD’s majority stake takeover of RBL is nearly across the finish line
Industrial and oil and gas facilities targeted over the weekend + Oracle building also sees minor damage
Borouge, Oracle, and Habshan all saw some damage from Iranian attacks
Aluminum market reels after strikes on EGA and Alba
Analysts see a worst-case scenario leading to prices as high as USD 4k per ton in extreme cases
THIS MORNING: UAE-backed Indian telecoms giant in talks with investors for IPO + Are oil refiners using AED to avoid using USD?
Plus: Abu Dhabi is clamping down on price gouging as supply chain disruption continues
Can the Gulf afford to remain neutral?
From supporting the US in the Strait of Hormuz to giving it more access to its bases, GCC countries could…
UPDATE: AWS signals its Mideast services aren’t coming back online soon after taking three drone strikes
Amazon is telling clients to move services out of the Middle East for now