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flag A drone attack sparked a fire in Abu Dhabi’s Ruwais, but the Middle East conflict won’t impact GCC credit ratings due to strong economies.

flag Fitch Ratings says the Middle East conflict is unlikely to affect GCC corporate credit ratings due to strong fiscal health and resilient economies. flag Oman launched a desalination plant tender, Dubai completed DIFC Square, and a drone attack caused a fire in Abu Dhabi’s Ruwais, with no casualties. flag Saudi Red Sea oil exports hit a record in March, while Saudi Arabia, Iraq, UAE, and Kuwait cut oil output. flag Bahrain condemned a drone strike that killed a woman, and travel surveys show 60% of people still prefer human planners. flag Africa’s hotel pipeline hit a record, the Haramain train exceeded 140 daily trips during Ramadan, and Ajman Free Zones reported 17% revenue growth in 2025.

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