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Trump Extends Iran Ceasefire as Ships Attacked in Gulf — Local Economies Brace for Impact

In the latest development, US President Donald Trump has extended a ceasefire with Iran even as unidentified ships were attacked in the Gulf, impacting the vital maritime routes crucial for regiona…

Apr 22, 2026

business-economy

UAE Buys THAAD System for $142bn — Citizens Face Higher Taxes

The United Arab Emirates has agreed to purchase the Terminal High Altitude Area Defense (THAAD) system from the United States for $142 billion, a deal that has sparked debates over its effectivenes…

Apr 20, 2026

business-economy

Ormuz Blocks Shipping Routes — Regional Trade Grinds to Halt

Ormuz, a strategic strait connecting the Persian Gulf to the Arabian Sea, has imposed a unilateral maritime blockade, disrupting trade flows and raising alarms across the region. The move, announce…

Apr 14, 2026

#dubai

Trump Extends Iran Ceasefire as Ships Attacked in Gulf — Local Economies Brace for Impact

UAE Buys THAAD System for $142bn — Citizens Face Higher Taxes

Ormuz Blocks Shipping Routes — Regional Trade Grinds to Halt