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Middle East

  • Cohort: Ukraine and Middle East conflicts drive record orders for defence firm

    May 23, 2024

    Defence technology company Cohort received record orders last year, driven by ongoing conflict in Ukraine and the Middle East.

  • Losses mount for Lebanese restaurant group Comptoir

    May 21, 2024

    The group behind Lebanese restaurants Comptoir Libanais and Yalla Yalla has reported losses of £1.6m, following what bosses describe as a year of “erratic” footfall and soaring costs.

  • Smiggle creates over 100 UK jobs as sales and profits edge up

    May 3, 2024

    Smiggle created more than 100 jobs as its UK revenue and profits edged up during its latest financial year, it has been revealed.

  • Shell and Total Energies reportedly mull stake in Middle East LNG super-project

    April 23, 2024

    UK oil and gas supermajor Shell is reportedly considering buying a stake in the Abu Dhabi National Oil Company's (ADNOC) liquefied natural gas (LNG) export project in the United Arab Emirates (UAE).

  • Iran-Israel: UK urges ‘de-escalation’ in Middle East following ‘missile’ attack

    April 19, 2024

    The government has said it recognises Israel’s “right to defend itself” but is pushing for “de-escalation” in the Middle East.

  • FTSE 100 today: London markets poised for red start as Middle East tensions escalate; investors await more details on the crisis

    April 19, 2024

    Middle East tensions rattled markets in the Asian session following ABC News reports of Israeli missile strikes in Iran. Oil and gold prices surged while bitcoin dropped below $60,000. However, an Iranian official denies the missile attack reports, adding to the uncertainty. Market focus now shifts to UK retail sales data and speeches by Bank of England officials Ramsden and Breeden.

  • FTSE 100 today: London shares poised for quiet start amid lingering concerns over US rates, Middle East tensions

    April 18, 2024

    The US stock market was volatile, with Wall Street notching its first four-day losing streak since the start of the year. Asia stocks were mixed, while oil and gold prices surged due to Middle East tensions. Australia's March employment data disappointed, with all eyes now on Netflix earnings for further insight.

  • Rishi Sunak urges restraint after Iranian attack on Israel

    April 15, 2024

    Rishi Sunak will urge Israeli counterpart Benjamin Netanyahu to show restraint in response to Iran’s missile attack.

  • The gold price has jumped to a new all-time high, but is it too late to join the party?

    April 10, 2024

    Gold has been going great guns, with prices up some 30 per cent in the last six months.

  • Iraq turned off Gulf Keystone oil profits last year

    March 21, 2024

    The firm said that it is selling oil locally and is making "more than enough" to cover expenses

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