Arabian Post Staff -Dubai Iran’s Revolutionary Guards said they fired missiles and drones at US military facilities in Bahrain and Kuwait on Wednesday, widening a confrontation that has put a fragile ceasefire under severe strain after US strikes on Iranian targets near the Strait of Hormuz. The Islamic Revolutionary Guard Corps said the operation hit sites linked to the US Fifth Fleet in Bahrain and Ali Al […]
Abu Dhabi Securities Exchange Group will remove daily price limits on exchange-traded funds and futures contracts from 3 August 2026, marking a fresh step in its push to deepen liquidity, improve price discovery and align its listed products more closely with global market practice. The change applies to ETFs and futures contracts listed on the exchange, allowing their prices to move without the daily trading bands that […]
Arabian Post Staff -Dubai Saudi Arabia has slashed the price of its flagship crude for Asian buyers by the widest margin in more than two decades, signalling a tougher fight for market share as rising supply and softer demand reshape the oil trade. Saudi Aramco cut the August official selling price of Arab Light crude by $11 a barrel, setting it at $1.50 below the Oman-Dubai average, […]
Arabian Post Staff -Dubai OPEC+ has approved another increase in oil output targets for August, adding 188,000 barrels per day to planned supply as Gulf exports move back through the Strait of Hormuz and crude prices ease from wartime highs. The decision, taken at a virtual meeting on Sunday, extends a sequence of monthly quota increases that began in April and continued through June and July. Saudi […]
Arabian Post Staff -Dubai Oil prices have slipped back as a burst of supply, softer demand signals and easing disruption fears revive concern that the global market may be heading towards another glut. Brent crude has traded close to $72 a barrel, while US benchmark West Texas Intermediate has hovered below $70, pulling prices towards levels seen before the latest Middle East supply scare. The shift has […]
Bitcoin, Ether and other large crypto tokens are moving in unusually tight formation as a market worth more than $2.2 trillion tries to recover from a bruising correction, raising fresh questions over whether investors are gaining diversification or merely holding different versions of the same risk trade. Live market data showed Bitcoin, Ethereum, XRP, BNB, Solana, Dogecoin, Tron and Hyperliquid’s HYPE controlling roughly $1.74 trillion in combined […]
Global equities advanced after weaker US employment figures reduced expectations of an imminent Federal Reserve rate increase, pushing investors back into risk assets while lifting gold and easing pressure on the dollar. The rally followed the June employment report, which showed non-farm payrolls rising by 57,000, well below market expectations of roughly 110,000. The unemployment rate eased to 4.2 per cent, but the decline was clouded by […]
Arabian Post Staff -Dubai The UAE’s non-oil private sector came close to stalling in June as the impact of the Iran conflict, softer tourism activity and cost pressures hit client demand, leaving firms with the weakest improvement in business conditions since February 2021. The seasonally adjusted S&P Global UAE Purchasing Managers’ Index fell to 50.8 in June from 52.6 in May, staying only slightly above the 50 […]
Gulf banking systems remain well placed to absorb near-term shocks from the US-Iran conflict, but their credit strength is now tied closely to whether the ceasefire holds and whether the Strait of Hormuz returns fully to dependable commercial use. Fitch Ratings says the durability of the truce between Washington and Tehran will be central to the outlook for banks across the Gulf Cooperation Council, where lenders entered […]
Dubai’s off-plan office market surged to a record AED13.1 billion in the first half of 2026, surpassing the combined value of transactions recorded across the previous seven years and signalling a decisive shift in the emirate’s commercial property cycle. Developers sold 1,668 off-plan office units between January and June, compared with AED5.48 billion generated from 1,821 transactions between 2019 and 2025. The jump reflects a sharp acceleration […]
Metaplanet has added 2,823 Bitcoin to its corporate treasury, taking its total holdings to 43,000 BTC and deepening its position among the world’s largest listed corporate holders of the digital asset. The Tokyo-listed company’s latest acquisition is valued at about $170 million at current market prices, while its total Bitcoin reserve is worth roughly $2.58 billion. The purchase extends a rapid accumulation strategy that has transformed the […]
The rally has been led by export-heavy names such as Gokaldas Exports, KPR Mill, Welspun Living, Trident, Indo Count Industries and Pearl Global Industries, whose earnings prospects have brightened after tariff relief in key overseas markets. The sector has drawn renewed attention at a time when broader equities have faced bouts of volatility linked to global rates, trade uncertainty and uneven consumption trends.
The immediate trigger has been a series of trade developments that have altered expectations for the industry. A trade understanding with the US reduced tariffs on a range of goods, easing pressure on apparel exporters that had been absorbing costs to protect long-standing customer relationships. The India-UK Comprehensive Economic and Trade Agreement, due to take effect on July 15, is expected to remove tariffs of up to 12 per cent on textiles and clothing shipped to Britain.
That change is significant for companies competing against Bangladesh, Vietnam, Cambodia and China in price-sensitive categories. Apparel and home textile exports operate on thin margins, and even a modest tariff difference can influence sourcing decisions by large retailers. Zero-duty access to the UK strengthens the case for shifting more orders to factories with scale, compliance records and established relationships with global buyers.
Gokaldas Exports has become a focal point for the trade. The Bengaluru-based apparel exporter manufactures about 90 million garments a year and earns a large share of revenue from the US, while also serving markets such as Canada, the UK and France. Its customer base includes major retailers, making it one of the more direct beneficiaries of improved tariff conditions. The company’s fiscal 2025 revenue stood at about ₹38.64 billion, and management has indicated scope for margins to move into double digits as the benefit of lower duties flows through.
Welspun Living, one of the world’s largest home textile manufacturers, is another major beneficiary of the shift. Its presence in towels, sheets, rugs and other home products gives it exposure to large-format retail demand in North America and Europe. The company has also invested in traceability, sustainable cotton sourcing and branded offerings, areas increasingly monitored by overseas buyers under stricter compliance and environmental standards.
KPR Mill, with its integrated operations across yarn, fabric, garments and sugar, has attracted investor interest because of its operating scale and relatively strong balance sheet. Pearl Global Industries and Indo Count Industries have also gained attention as investors look beyond the most visible exporters to companies with capacity expansion plans, customer diversification and scope to improve utilisation.
The rally has not been confined to a single trade event. Textile counters moved sharply in February after the US tariff relief, again after clarity on the UK agreement, and then attracted further institutional interest as brokerages initiated coverage on several sector names. Some reports have projected potential upside of more than 40 per cent in select stocks, though the bullish view is not uniform. More conservative calls on parts of the sector reflect concerns over valuations, cotton prices, wage inflation and execution risks.
The optimism also comes after a difficult period. Higher US tariffs had squeezed exporters, forcing some companies to absorb costs or offer discounts. Global retailers delayed shipments in parts of fiscal 2025 as tariff uncertainty disrupted ordering cycles. Demand in discretionary categories such as home textiles has been uneven, especially in the US, where retailers worked through excess inventory after the pandemic-era surge.
That makes the latest rally a test of whether tariff gains can translate into sustained earnings growth. Investors are looking for evidence of higher order books, improved realisations and better plant utilisation over the next two to four quarters. Margin expansion will depend not only on lower duties but also on raw material prices, currency movement, freight costs and the ability of exporters to negotiate better terms with buyers.
The rupee’s movement will also be important. A weaker rupee generally supports exporters, but higher imported input costs can dilute the advantage. Cotton price volatility remains another risk, particularly for companies that cannot pass on cost increases quickly. Compliance spending, labour availability and delivery timelines will influence whether larger buyers shift orders at scale.
Arabian Post Staff -Dubai Washington and Tehran have used a new round of indirect talks in Doha to move from crisis management towards implementation of a preliminary understanding that has lowered fears of a wider Gulf confrontation but left major disputes unresolved. The discussions, hosted by Qatar with Pakistani mediation, began on Tuesday night and continued on Wednesday in separate sessions involving senior negotiators and technical experts. […]
By K Raveendran The arithmetic of India’s fuel market has long been sold as market-driven, but the latest price movements expose a more selective discipline. When crude oil rises, the pass-through to consumers and businesses is quick, stern and explained as unavoidable. When the same crude oil retreats, the adjustment becomes cautious, partial and wrapped […]
The article Retail Petroleum Prices Fall Only On Paper As Consumers Wait In Anticipation appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Investors heading into the second half of 2026 face an uncomfortable reality: the global economy is changing faster than many portfolios are adapting to it. The forces reshaping markets today are structural. AI is triggering one of the largest capital investment booms in modern history. Digital assets have crossed into mainstream finance. Meanwhile, geopolitical conflict, sovereign debt and valuation risk continue to create significant uncertainty. As the […]
Arabian Post Staff -Dubai Dubai’s property boom is giving way to a more measured investment cycle as buyers shift attention from quick capital gains to developer strength, delivery quality and long-term asset performance. A new investor confidence survey points to a market that remains broadly optimistic about Dubai’s prospects but less willing to chase rapid price appreciation after a long rally. The findings suggest that investors are […]
Arabian Post Staff -Dubai US negotiators Jared Kushner and Steve Witkoff held what Washington described as positive discussions with regional leaders in Qatar, while technical contacts with Iran moved ahead through mediators as both sides sought to preserve a fragile ceasefire and turn a temporary truce into a wider settlement. The Doha meetings form part of an indirect negotiating track designed to reduce the risk of renewed […]
Arabian Post Staff -Dubai Oil prices rose on Monday as renewed US-Iran military exchanges unsettled traders and slowed energy traffic through the Strait of Hormuz, reviving concerns that a fragile pause in hostilities may not hold long enough to restore normal crude flows. Brent crude futures climbed 58 cents, or 0.8 per cent, to $72.57 a barrel at 0207 GMT, while US West Texas Intermediate crude rose […]
PlayStation 5 sales in the United States fell sharply in May, dropping to the weakest May performance for Sony’s console hardware since 2000, as higher prices and a maturing console cycle weighed on demand while Nintendo’s Switch 2 dominated the market. Unit sales of PlayStation 5 declined 58 per cent from a year earlier, while dollar sales fell 43 per cent. Xbox Series hardware also showed strain, […]
Tether is moving to turn its multibillion-dollar bullion base into an active lending instrument, with holders of its gold-backed XAU₮ token set to borrow against their digital claims on physical gold without selling the underlying asset. The plan extends the company’s tokenised gold strategy into collateralised credit, a market structure already familiar to holders of bitcoin who use digital assets to obtain liquidity while keeping exposure to […]
Arabian Post Staff -Dubai Iran and the United States exchanged fresh attacks on military targets across the Gulf, placing fragile ceasefire talks under severe strain and drawing Kuwait and Bahrain deeper into a confrontation already unsettling shipping, energy markets and regional diplomacy. The Islamic Revolutionary Guard Corps said on Sunday that its naval and aerospace units had launched missiles and drones at US-linked facilities, naming Ali Al […]
By K Raveendran India’s decision to initiate an anti-dumping investigation into cheap steel imports marks more than another defensive trade action. It is a reminder that globalisation, which New Delhi has often invoked when Indian exports face barriers abroad, becomes far more complicated when the pressure arrives at home. The steel case has exposed the […]
The article Steel Exposes Hard Limits Of Much-Vaunted Free Trade Piety appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
UAE investors are moving into the second half of 2026 with stronger risk appetite as easing energy-market stress and lower geopolitical risk premiums reshape sentiment across the Middle East, Standard Chartered has said. The bank’s latest market outlook points to a more constructive backdrop for regional portfolios after the US-Iran interim deal helped cool fears of a prolonged disruption to Gulf energy flows. The retreat in oil […]
Iraq has signalled that it may reconsider its position inside OPEC unless its production quota is lifted sharply, opening a new dispute inside the oil producers’ group at a time when war-related disruption in the Gulf has strained export revenues and weakened confidence in the cartel’s cohesion. The warning marks an unusually direct challenge from one of OPEC’s five founding members and its second-largest producer after Saudi […]
