Interview Al-Futtaim targets 2026 UAE rollout for game-changer ultrafast EV charging The technology, which has only been deployed in China, will enable up to 400 kilometers of car recharging in five minutes, roughly the same time as filling a petrol tank. Lucas Bellieud Al-Futtaim Electric Mobility Managing Director
Ryanair scraps Tel Aviv return amid airport dispute, regional instability The Irish low-cost carrier said Tuesday it would not restart winter flights to Israel, scrapping some 22 routes to and from Tel Aviv and around 1 million seats. Israel
India weighs options as US ends waiver for Iran’s Chabahar Port: What to know India has been working to develop the strategically important Gulf port for close to a decade, but the move has been complicated by US sanctions on Iran. Iran
China-made flying car makes first test flight in UAE: What to know The Chinese company is facing competition from a US firm that is currently developing an air taxi service in Dubai. United Arab Emirates
Could Etihad Airways become first Gulf airline to launch IPO? The airline reported on Wednesday that it made a net profit for 2023 and 2022 after a string of substantial losses since 2016. United Arab Emirates
EV charging infrastructure needed to accelerate carbon emission cuts, says DP World The UAE-headquartered company's CEO Sultan Ahmed bin Sulayem told Al-Monitor that the sector could place more emphasis on equipment providers to allow for cost-competitive electric equipment to drive forward decarbonization goals. United Arab Emirates
Tesla, Volvo pause production lines, oil prices up amid Red Sea tension There is a fast-growing list of companies that have had to recalibrate their business strategies while the Red Sea shipping route remains volatile. Yemen
Analysis Could China’s COSCO halting ships to Israel spark crisis in Sino-Israeli relations? Experts see the move as part of Beijing's effort to echo what it sees as the voice of the global south regarding the war in Gaza. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Why has Iran Air abandoned plans to relaunch Saudi Arabia flights despite detente? The Iran Air flights to Saudi Arabia were intended to transport pilgrims to Jeddah and were scheduled to take off from Tehran, Mashhad and Isfahan on Wednesday. Iran
Bahrain's Investcorp buys 50% of Corsair's $4.8B infrastructure business The new entity, Investcorp Corsair, will continue to grow with a particular focus on transportation, logistics and related subsectors, a statement from the two companies said. Bahrain
How significant is Aras corridor for Iran, Azerbaijan to gain Black Sea foothold? A railway agreement in October between Iran and Azerbaijan has given a major boost to the potential of establishing the Aras corridor, offering Tehran a potential inroad into the Black Sea. By Rahim Rahimov In Baku, reporting on Middle East-Caucasus ties
Emirates, Flydubai top orders at Dubai Air Show as China's J-10 makes debut Middle Eastern carriers were out in full force on the opening day of the five-day air show at Al Maktoum Airport at Dubai World Central. United Arab Emirates
