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Press Dossier   By Date  03/03/2026
Supply chains reel as carriers halt Gulf routes and impose war risk surcharges in response to Iran-US conflict
Saudi Arabia: Global supply chains were disrupted on March 2 as the US-Iran conflict forced shipping lines and airlines to suspend routes, reroute traffic, and impose emergency surcharges across the Middle East.
Oil, gas markets surge amid Strait of Hormuz disruptions; drones intercepted at Ras Tanura
Saudi Arabia: Global supply chains were disrupted on March 2 as the US-Iran conflict forced shipping lines and airlines to suspend routes, reroute traffic, and impose emergency surcharges across the Middle East.
Global markets slide as US-Israel strikes on Iran rattle investors
Saudi Arabia: Global markets plunged on March 2 after US and Israeli strikes on Iran triggered Gulf-wide retaliation, disrupting energy and financial hubs and rattling investors worldwide.
Saudi Exchange shows resilience on Aramco shares, defying regional trend
Saudi Arabia: Saudi Arabia’s Tadawul All Share Index showed signs of resilience on March 2, buoyed by gains in Saudi Aramco, even as the Middle East region continues to grapple with escalating tensions.
Airlines across Middle East, Asia extend flight suspensions for 3rd straight day
Saudi Arabia: Airlines and airport operators across the Middle East extended flight suspensions for a third consecutive day after US and Israeli strikes on Iran triggered widespread airspace closures, disrupting global travel routes.
Amazon’s AWS reports outage after UAE data center struck by ‘objects
United Arab Emirates: Amazon cloud-computing unit’s facilities in the Middle East were facing power and connectivity issues on Monday, the company said, after its UAE data center was struck by “objects,” triggering a fire.
United Real Estate emerges top investor for major Kuwait waterfront project
Kuwait: The Kuwait Authority For Partnership Projects (KAPP) has announced that leading project developer United Real Estate Company (URC) has emerged as the winning investor in the third phase of its upcoming project - a waterfront property in the Sharq Area of the capital Kuwait City.
Sorouh Al Qurm to build $596m integrated tourism complex in Muscat
Oman: Oman's Ministry of Heritage and Tourism has signed an agreement with Sorouh Al Qurm Real Estate Company for the development of an integrated tourism complex in the Al Qurm area of ​​the Wilayat of Bausher, Muscat Governorate at a total investment of RO230 million ($596 million), reported ONA.
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