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Gulf central banks take steps to guard against credit defaults

The move is aimed at easing immediate liquidity stress as companies face delayed shipments, weaker demand and rising costs for insurance, financing

Dubai moves to reassure investors, anticipating strong comeback from war

Hedge funds and banks including Millennium Management, JPMorgan Chase and Goldman Sachs told staff to work from home after the missile strikes

Trump headlines FII Miami, pitching U.S. to Saudi investors

PIF Governor Yasir Al-Rumayyan says the fund will keep investing globally, telling the conference that the kingdom’s financial position is solid

Hormuz alternatives give oil not a ‘smidgen’ of help, Kuwaiti says

JPMorgan's Jamie Dimon said that the Iran war could ultimately bring calm to the region, but risks from terrorism and cyberattacks remain severe

Iran conflict disrupts deals, sports and major business conferences

Organizers of big gatherings such as the World Petroleum Congress are changing plans as travel disruptions and security concerns pile up

Quick Hits

METAL makers

Aluminum prices spike after Iran hits plants in Abu Dhabi, Bahrain

HELPing hand

Gulf central banks take steps to guard against credit defaults

The Daily Circuit: Gulf credit squeeze relief + Aluminum plants hit

The Daily Circuit: Trump headlines FII Summit + Mubadala-KKR divestment

presidential podium

Trump headlines FII Miami, pitching U.S. to Saudi investors

repair bill

Middle East energy damage from Iran war could cost $25 billion

Public Investment Fund Governor Yasir Al-Rumayyan at FII Priority Summit in Miami (Photo: FII/X)

POWER PLAYERS

Saudi investor summit opens in Miami with Iran war in focus

The Daily Circuit: FII kicks off in Miami + Blackstone’s $250M UAE investment

HEDGE SHIFT

Millennium weighs moving some of Dubai staff to Channel Island

dead detour

Hormuz alternatives give oil not a ‘smidgen’ of help, Kuwaiti says

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