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Though the war in the Gulf is pinching the Indian economy, things aren’t too bad. But much needs to be done if the situation drags on or worsens, rather than waiting for it to come to pass.

The interim deal between Tehran and Washington to end hostilities in the Mideast, another IPO on hold, and other news updates from the week.
One of the largest public listings of this year in the Gulf just hit pause amid geopolitical uncertainty, football fans in the UAE can bet on FIFA World Cup matches and other updates from the week.
April data suggests the slide may be moderating, even as the UAE accelerates moves to derisk its future.