Bahrain has not used UAE swap, in talks over F1 race, minister says
Credit rating agency S&P Global estimates the impact of the conflict will result in a 3% contraction of the economy this year
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Most Gulf markets slip on Middle East hostilities
Most Gulf bourses closed lower on Wednesday, after U.S. President Donald Trump said the memorandum of understanding to end the conflict with

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Businesses report blocked payments from Saudi Arabia to the UAE, raising fears of worsening ties
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JK Tyre plans additional 5%-6% price hikes by September-end
The hikes reflect pressure in the auto-parts sector due to an oil price rally linked to the West Asia conflict

JK Tyre plans 11%-13% price hikes by September-end
The hikes reflect pressure in the auto-parts sector due to an oil price rally linked to the West Asia conflict

Airlines seek GST on ATF at 5% with full tax credit
FIA urges Centre to scrap excise, State VAT on jet fuel, says move could lower airline costs and improve affordability

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