Coca-Cola Arena in Dubai has announced an extension of its major discounts to attract more visitors and boost business activity amid challenging economic conditions. This decision comes as regional markets face disruptions impacting trade and tourism.
The Dubai government has announced a set of new economic measures allowing hotels and businesses to defer fee payments. This initiative aims to support the local economy and enhance commercial activity in the city.
The ongoing conflict in the Middle East has significantly deteriorated the performance of Kuwait's non-oil private sector, with the Purchasing Managers' Index dropping to 46.3 in March 2026. This marks the first decline below the neutral level in 19 months.
Tanjong Pagar Station in Singapore is experiencing a significant decline in business activity, with most commercial units closing due to uncertainty surrounding rental contracts. This downturn is attributed to the expiration of the current operating license in September 2031, negatively impacting the station's ability to attract new tenants.
A recent survey revealed that business activity in the UK grew at its slowest pace in six months during March, impacted by the conflict in the Middle East which led to a significant rise in production costs.