GLOBEALERT

Feed

Open sources, classified and cross-checked. 97+ stories.

BUSINESSOct 7Oil rises as concerns over Houthi attacks on Saudi Arabia eclipse supply recoveryIran's move to step up attacks on tankers which are transiting through the Strait of Hormuz has also led to renewed worries over oil supplies among traders.CNBC
BUSINESSOct 7Middle East oil flows reach 80% of pre-war levels, Shell CEO Sawan saysAccording to Shell CEO Sawan, Middle East oil flows have recovered to 80% of their pre-war levels. This signifies a substantial rebound in oil production and supply from the region.Seeking Alpha Tech
BUSINESSOct 6Ships’ captains paid $100,000 a month to transit Strait of HormuzSalaries and bonuses spiral for seafarers willing to risk perilous trip through waterway in face of Iranian attacksFinancial Times
BUSINESSOct 6Beyond tariffs: The US–Turkey trade relationship needs a bigger bargainTo reach their longstanding $100 billion trade ambition, the United States and Turkey should look beyond tariffs toward a broader economic bargain. The post Beyond tariffs: The US–Turkey trade relationship needs a bigger bargain appeared first on Atlantic Council.Atlantic Council
BUSINESSOct 6After crossing the Strait of Hormuz, key supplies for Vaca Muerta oil exports arrived in Río NegroThese are the single buoy moorings that will be installed 7 kilometers off the coast of Punta Colorada. They will allow ships to moor offshore, without the need to build a fixed pier.Clarín
BUSINESSOct 6Saudi Arabia says East-West pipeline pumping 5.8 million bpdEnergy Minister Prince Abdulaziz bin ⁠Salman says capacity restored after major attack last month.Al Jazeera [en]
BUSINESSOct 6KBR secures Aramco engineering contract for Marjan offshore field upgradesKBR has secured an engineering contract with Aramco for upgrades to the Marjan offshore field. This signifies a business development in the energy sector.Seeking Alpha Tech
BUSINESSOct 6Syrian Airlines unveils laser-sharp look for the futureSyrian Airlines unveils a new visual identity as it rebrands amid Syria’s post-Assad development.Al Jazeera [en]
BUSINESSOct 5Dubai-Tel Aviv flights carry 7,479 passengers after flydubai suspensionGCAA says 37 Dubai-Tel Aviv flights carried 7,479 passengers after flydubai services were temporarily suspended, with Etihad flights continuingarabianbusiness · united arab emirates
BUSINESSOct 5Mansour bin Zayed witnesses launch of etisalat project to increase international connectivity to more than 500 Tbps by 2030Abu Dhabi: His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, today witnessed the launch of etisalat’s strategic project to develop and expand digital infrastructure capacity within the UAE and abroad, enhancing the country’s readiness for the increasing demands of AI and strengthening its position on the global digital stage. His Highness, in his capacity as Chairman of the Emirates Investment Authority (EIA), the main shareholder in etisalat group, was briefed on the group’s plans and future projects to develop digital infrastructure crucial to meeting accelerated growth in AI technologies and the digital economy. The project includes plans to expand international connectivity capacity to more than 500 terabits per second (Tbps) by 2030, an increase of over twenty-five times of the current capacity, in addition to developing diverse routes designed to enhance connectivity efficiency and reliability, delivering advanced, low-latency performance. His Highness Sheikh Mansour bin Zayed emphasised the importance of investing in digital infrastructure as a fundamental pillar for supporting emerging technologies and enabling a knowledge-based, innovation-driven economy. His Highness also stressed the importance of coordinated national efforts and the role of national institutions in advancing the UAE's AI ambitions and digital economy. His Highness was briefed on the group’s plans and future projects to develop digital infrastructure crucial to meeting accelerated growth in AI technologies and the digital economy. Picture credit: WAM He said: "The UAE continues to invest in building advanced digital infrastructure, guided by its vision for the future and its belief that readiness for what comes next starts with having the enablers that support economic growth, accelerate innovation and strengthen the country’s global competitiveness. His Highness added: "AI is a central pillar in our development journey moving forward and developing our digital capabilities creates the ecosystem needed to harness its potential and ensure that every institution in this country, public and private, are empowered to build and innovate with AI, at the scale the coming decade will demand, with absolute confidence in the efficiency of the infrastructure beneath it.” His Highness concluded that the UAE’s ambition extends beyond merely keeping pace with technological transformations. The country aspires to actively contribute to the creation and development of these technologies, noting that high-impact projects in digital infrastructure enhance the country’s readiness for the future and cement its position as a global hub for advanced technology and AI. Sheikh Mansour bin Zayed Al Nahyan also witnessed the launch of etisalat’s 50th anniversary celebrations, unveiling the group’s new vision to become a leading AI-powered and enabling telco as it steps forward under "etisalat” - the name trusted by its customers for fifty years. This project is the group’s first major commitment under its new strategy, which is built around four business engines: telco, AI and business solutions, infrastructure, and fintech. Jassem Mohamed Bu Ataba Alzaabi, Chairman of etisalat group, said: "This project reflects our conviction that the UAE should not simply adopt AI, but govern it and build with it. That requires digital infrastructure at a scale that would prepare us for the future.” He added: "Moving international connectivity from 20 terabits per second to more than 500 is a strategic step to address the growing challenges facing global data processing and data flow, particularly given the tremendous advancements in AI, and enhances the flexibility and reliability of the infrastructure to meet the requirements of UAE’s AI campuses, global cloud providers, and the group’s operations and customers across its markets. Delivered through diversified routes and low-latency design, the project is set to keep the country’s connection to the global digital economy fast, direct and resilient, while ensuring the UAE’s digital sovereignty.” His Highness stressed the importance of coordinated national efforts and the role of national institutions in advancing the UAE's AI ambitions and digital economy. Picture credit: WAM He concluded: "This is the same commitment that has guided this group for fifty years. We marked that anniversary this week by setting out what the next era asks of us, and this project is our answer. In every generation of technology, etisalat has built the infrastructure the nation depends on, ensuring high flexibility and resiliency across all our markets. AI is the defining technology of this generation, and the principle has not changed.” etisalat group operates across 38 countries and serves more than 250 million subscribers, giving the project reach well beyond the UAE and connecting national infrastructure directly to the global digital ecosystem. The project also supports the UAE’s ambition to become a global hub for advanced technology and AI, reinforcing the nation’s digital competitiveness and enabling public and private institutions to deploy AI at scale with confidence in the infrastructure that carries it.emirates247 · united arab emirates
BUSINESSOct 5World's oil stockpiles 'scarily thin,' could take two years to rebuild, Saudi Aramco CEO warnsThe CEO of Saudi Aramco warned that global oil stockpiles are "scarily thin" and could take two years to rebuild. This statement highlights a significant concern for the global energy market and potential implications for supply and prices.Seeking Alpha Tech
BUSINESSOct 5Replenishing crude and fuel stocks could take two years, Saudi Aramco CEO says - reuters.comOil market turmoil could last for years, executives say ReutersReuters World
BUSINESSOct 5Is Iran charging a toll to allow oil traffic through Hormuz?Crude exports bypassing Hormuz surged in September, yet oil prices remain high. Could a secret fee be the reason?Al Jazeera [en]
BUSINESSOct 5Tajikistan Taps Iran as Russian Fuel Runs DryDushanbe's emergency hedge against Russia's fuel crisis puts Tajikistan in the path of U.S. secondary sanctions.The Diplomat
BUSINESSOct 5Wolfe Research sees significant upside for Wynn Resorts due to the UAE opportunityA research firm predicts substantial growth for Wynn Resorts, attributing this potential to new opportunities in the UAE. This provides financial market insight into a specific company's prospects.Seeking Alpha Tech
BUSINESSOct 5AM Markets Need to Know: Iran sets Hormuz conditions, Cerebras gains on OpenAI ties, and moreThis market update highlights key developments, including Iran setting conditions related to Hormuz and Cerebras experiencing gains due to its ties with OpenAI. It provides a quick overview of significant business and geopolitical news affecting markets.Seeking Alpha Tech
BUSINESSOct 5Middle East oil exports return to pre-war levels, excluding IranOil exports from the Middle East, excluding Iran, exceeded their pre-war average last week, Kpler data showed, as pipelines helped bypass the Strait of Hormuz despite continued attacks on shipping.EuroNews [en]
BUSINESSOct 5Saudi Aramco chief says replenishing global oil stockpiles could take two yearsSaudi Aramco's CEO warned it could take up to two years to rebuild global oil inventories, saying the squeeze could worsen as the U.S.-Iran war continues.CNBC
BUSINESSOct 5Gas and oil: the secrets of QatarEnergy's expansion strategy in AfricaFragilisé par des contraintes opérationnelles majeures consécutives au conflit au Moyen-Orient, le géant du Golfe se cherche de nouveaux relais de croissance et s’appuie sur des projets africains à « fort impact ».Jeune Afrique
BUSINESSOct 5Saudi Aramco chief warns world’s oil stockpiles are ‘scarily thin’Financial Times
BUSINESSOct 5Middle East oil exports recover to pre-Iran war levels despite Hormuz attacksGulf crude exports returned to pre-war levels in September, with producers increasingly relying on alternative routes and ship-to-ship transfers to bypass Hormuz. Iranian exports remain below the pre-war average.DW News [en]
BUSINESSOct 5Middle East oil exports surpass pre-war levels despite tensions, data showsIRGC commander says oil flows through US-supervised route in Hormuz are ‘negligible’.Al Jazeera [en]
BUSINESSOct 5Saudi Aramco unexpectedly slashes November Asia oil prices to multi-year low: reportSaudi Aramco has unexpectedly reduced its November oil prices for Asia to a multi-year low, which could have significant implications for global oil markets and the company's revenue.Seeking Alpha Tech
BUSINESSOct 4SAFA to host special session on industrial sustainability at Made in GCC Forum & Expo 2026In partnership with Sustainability Forum Middle Eastzawya · united arab emirates