middle east

Energy prices are rising, stock markets are falling and flights remain cancelled as Iran continues attacks on countries across the Middle East, as Israel and the US ramp up pressure.

The oil price has surged to $82 a barrel amid disruption in the Strait of Hormuz as Iran responds with multiple missiles across the Middle East after the US and Israel launched strikes on Iran over the weekend; the UAE has closed its stock markets for two days.

Jalal Almarhoon previously worked for BNP Paribas in Saudi Arabia.

Aviation finance partner Leo Fattorini has brought a six-person aviation team from Bird & Bird, while Jason Chan joins in Hong Kong.

Read on to find out the winners of FAAA's Deal and House Awards - Middle East.

The partnership, known as GLIDE, is targeting $5bn of high-quality warehouses across the Middle East; it's expected that more partners in the GCC will participate; FA understands an office is being set-up in Abu Dhabi.

As ties build between Hong Kong and Abu Dhabi, the two exchanges are exploring joint initiatives in market promotion, ETFs, ESG-related products, cross-listings and "other areas of mutual interest".

The Chinese global PC firm has appointed a Middle East leadership team, while its regional headquarters will be in Riyadh's Al Majdoul Tower.

Listed on Abu Dhabi’s securities exchange, the $100 million three-year deal is executed via HSBC’s digital assets platform.