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Ship-to-ship crude oil transfers in the Gulf of Oman have reached full capacity following the rerouting of Saudi crude through the Strait of Hormuz. Tanker charter rates for Middle East-China routes surged to a record $1.27 million daily, driven by the need for dozens of additional supertankers.
Commercial flights operated by Iraqi Airways between Iranian airports and Najaf resumed on September 28, 2026. Operations had been halted after foreign ground-handling companies refused aircraft servicing over concerns regarding U.S. sanctions. The resumption follows intervention by Iraqi Prime Minister Ali al-Zaidi after protests at Najaf International Airport.
Corporate services advisory A&A Associate and the Ras Al Khaimah Economic Zone have introduced a program expediting investor residency and business licensing to five business days. The package costs $4,550 and includes remote registration, an entry permit, free zone licensing, and local immigration processing.
Startups in the United Arab Emirates are encountering difficulties securing lead investors for growth-stage financing rounds, according to EnterpriseAM. The bottleneck impacts emerging businesses seeking larger capital injections to scale operations. Regional ventures face a shortage of institutional backers willing to anchor and price late- and growth-stage rounds.
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