A huge petrochemicals plant at Ruwais in the United Arab Emirates was halted after an attack sparked multiple fires, Abu Dhabi’s government media office said Sunday. The fires were caused by falling debris from air-defense interception, the office said in a post on X....

Ukraine said it hit a nitrogen fertilizer plant in Russia overnight while Kremlin’s forces targeted several Ukrainian regions, including a deadly strike in Dnipropetrovsk, as the war shows no signs of slowing down. UAVs struck the KuibyshevAzot facility in Tolyatti,...

Lufthansa, BA, Delta face a challenge to capitalize on the upheaval For years, airlines in the US and Europe have gawked at the rise of Middle East carriers funneling ever more passengers through their gleaming hubs in Dubai and Doha at competitive prices with the...

Anthropic shares now trade more actively than OpenAI on secondary markets, per Rainmaker Securities president Glen Anderson in exclusive comments to TechCrunch The secondary market for private shares is experiencing unprecedented activity, signaling major investor...

The Middle East’s biggest aluminum producer said it may take as long as a year to restore full output at its Abu Dhabi plant, following an Iranian attack a week ago. Emirates Global Aluminium said the Al Taweelah smelter went into emergency shutdown, after suffering...

The top-line numbers from Blue Owl Capital Inc.’s funds were unambiguous and, by just about any measure, ugly. Investors sought to cash in more than 20% of shares from its flagship $36 billion private credit fund. Its smaller, tech-focused vehicle saw redemption...