War Featured CEASEFIRE- A Fragile Truce Buys Two Weeks — but the Terms Remain Fiercely Contested Less than two hours before Trump's deadline for Iran to reopen the Strait of Hormuz, the United States and Iran agreed to a two-week ceasefire — announced via a Truth Social post and brokered by Pakistani Prime Minister Shehbaz Sharif and Field Marshal Asim Munir.
UAE Update Featured ENERGY: THE $200 QUESTION The Hormuz crisis entered a more dangerous phase this week. Iran's military spokesperson Ebrahim Zolfaqari issued a stark warning: "Get ready for oil to be $200 a barrel..."
UAE Tax Featured UAE Announces Tax Change on Sugar-Sweetened Beverages … UAE MoF and FTA announced a change to excise tax on sugar-sweetened beverages – from the current flat rate, it will be revised to a higher tax per litre if the sugar content per 100 ml is higher.
business Featured Major Global Tech Outage Leads to Disruptions Across Multiple Sectors from Airlines to Banks… Major equities markets ended in the red last week, following a global tech outage that led to disruptions across multiple sectors from airlines to banks, raising questions about cybersecurity and interconnected / integrated ecosystems.
