Gulf states

Iran reasserts its right to control shipping in Strait of Hormuz after ship hit near Oman

Many travellers say airlines have failed to rebook them promptly – or at all – leaving passengers to navigate limited alternatives and soaring fares themselves.

Gulf airspace closures leave Asia-to-Europe travellers stranded and bleeding cash

Gulf sovereign wealth funds have made massive investments into tech and AI, making the sectors pillars of their efforts to drive their economies away from oil.
NEWS ANALYSIS

Gulf sovereign wealth funds were built for a rainy day. This may be it 

Iran has retaliated by targeting US interests in the region, including Dubai in the United Arab Emirates.

Singapore, Tg Pelepas, Port Klang could face congestion from Middle East-bound boxships

Smoke rising after an explosion due to drone debris in the industrial zone in Fujairah, United Arab Emirates, on Mar 3. Security and safety precautions are the topmost priority for South-east Asian companies with teams in the region.

S-E Asian businesses in the Gulf take safety measures as they hunker down for prolonged disruption

Gulf borrowers are also increasingly seeking financing in Chinese yuan to facilitate trade.

China is lending to the Gulf at record pace, tightening ties

The inaugural Asean-GCC-China Summit that was held in Kuala Lumpur this year. The continued eastward shift of the Gulf’s trade will aid the region’s evolution into a global middle power, says the Asia House report.

China overtakes West in Gulf trade for the first time in ‘watershed’ moment: report

Singapore Chief Justice Sundaresh Menon says: “The international commercial courts are engines for legal convergence and this is a mission they discharge… through judgments that are rooted in reason and principle.”

International commercial court networks can help spot cross-border legal trends, says Singapore chief justice

China has deliberately avoided military overcommitments and nation-building ventures in the region.
THE BOTTOM LINE

China in the Gulf: stakeholder or hegemon?

Bahrain is home to the headquarters of the US Navy’s 5th Fleet and there are US bases in Saudi Arabia and Kuwait, as well as in neighbouring Qatar and the United Arab Emirates.

Gulf states on high alert after US strikes Iran’s nuclear sites