Catch up with small business news from the Middle East

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Energy Security & Earnings: HELLENiQ ENERGY says the Middle East crisis hit markets, but it kept core supply running—1Q26 Adjusted EBITDA hit €293m, with refining margins and the newly consolidated Enerwave power business adding €38m. SME Finance in the UAE: RAKBANK and Emirates Growth Fund signed up to expand SME financing and advisory support, aiming to close funding gaps through shared market intelligence and growth programs. AI for Telecom Growth: Omantel launched an AI Centre of Excellence plus an AI Startups Program to move pilots into scalable products inside its own operating environment. Transport Costs Under Pressure: Kenya’s matatu operators plan fare hikes of up to 50% after EPRA’s fuel review, with threats to protest on May 18. Crypto & Payments Push: Fasset secured $51m Series B to expand regulated stablecoin banking and payments across multiple corridors, including the UAE and Bahrain. Defense Tech Spotlight: Quantum Cyber unveiled quantum-cyber.ai as drone and counter-UAS spending ramps up globally.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Australia Fuel Crisis Deepens in May 2026 as Middle East War Threatens Diesel Lifeline

Australia Fuel Crisis Deepens in May 2026 as Middle East War Threatens Diesel Lifeline

From fragility to fortitude: Can Sri Lanka emerge stronger from the Middle East crisis?

From fragility to fortitude: Can Sri Lanka emerge stronger from the Middle East crisis?

Senator Rick Scott calls for victory in Iran and supports ongoing military efforts

Senator Rick Scott calls for victory in Iran and supports ongoing military efforts


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18 hours ago

Crypto News: Pepeto Presale Passes $10 Million While Bitcoin Price Prediction Targets $150,000 as Trump Seeks Iran Peace at China Summit

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4 hours ago

HELLENiQ ENERGY Holdings S.A.: First Quarter 2026 Financial Results

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May. 14, 2026

GeoKiln Signs MOU with Ras Al Khaimah Energy Authority to Advance First-of-its-Kind Subsurface Hydrogen Development in the UAE

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May. 12, 2026

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2 hours ago

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