Sabic agrees $950m sale of European and Americas units
Divestment comes as weak pricing and excess capacity weigh on global petrochemicals
UAE and Qatar airlines suspend flights to Iran amid escalating civil unrest
Flights operated by Iran Air, Mahan Air and Qeshm Air to and from Dubai continue as normal
Bahrain prepares new fiscal reforms to curb rising debt
Measures include raising fuel prices and introducing corporate income tax
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