Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Hormuz traffic falls to lowest level in two months after surge in tanker attacks

Saudi Arabia confirmed three deaths and 36 injuries from Houthi strikes, while renewed Yemen fighting has displaced more than 200,000 people, according to UN figures released on Wednesday in Geneva.

World Bank raises Saudi Arabia’s real GDP growth forecast to 7.9 percent in 2027

The revised forecast represents an increase of about three percentage points and comes as the bank expects the Saudi economy to absorb the impact of the conflict and disruption to regional trade and energy flows.

Can the Middle East become a bigger driver of Accenture’s growth?

For a company that helps businesses and governments implement software, migrate to the cloud and modernise their operations, generative AI presents both an opportunity and a challenge. While it creates demand for new technology services, it also raises questions about how much routine coding and advisory work clients will continue to need.

“The question for investors is," says Nagham Hassan, Market Analyst at etoro MENA, "whether AI will expand Accenture’s business or reduce demand for some of the work it traditionally provides. A steady quarter would be reassuring, but the outlook will matter more. Investors want evidence that companies are moving beyond AI experiments and committing to...

UAE ranks first in MENA, sixth globally in AI-human skills readiness

Coursera’s new AI-Human Skills Synergy Index says AI course enrollments in the UAE increased 75% year over year, with AI and machine learning foundations, data and analytics among the leading themes.

Foreign buyers, expats account for bulk of Abu Dhabi’s $19.2bn H1 home sales

Off-plan deals dominated residential activity, while rising prices, strong rental demand and significant future deliveries pointed to continued momentum across Abu Dhabi’s property market.

Saudi mega-projects could generate 35% of power needs through on-site renewables

A BCG report says rooftop solar and decentralized renewable systems can lower electricity costs, reduce emissions and help developers meet...

GCC banks need stronger safeguards amid geopolitical uncertainty, KPMG says

KPMG says banks can strengthen portfolios through scenario analysis, stronger governance and monitoring as geopolitical tensions threaten borrowers, funding conditions and asset quality across region.

Middle East conflict: Trade tensions rise as oil jumps and tariffs shake markets 

Several ports suspended operations in the Middle East after drone strikes. DP World said operations at Jebel Ali port in Dubai, one of the world's busiest container ports, had been suspended due to a fire after "aerial interception," he adds.

Abu Dhabi residential property sales hit record $19.9bn in 2025

Apartments dominated the sales market, accounting for 66% of transactions, reflecting strong developer activity in the segment

UAE archaeological finds reveal new human history insights

Discoveries spanning prehistoric settlements, Bronze Age tombs and heritage sites are deepening understanding of ancient communities and their regional connections.

Supply chain attacks emerge as top cyber threat to businesses: Study

The study found that large enterprises are particularly vulnerable because of their extensive vendor networks.

Hormuz traffic falls to lowest level in two months after surge in tanker attacks

Saudi Arabia confirmed three deaths and 36 injuries from Houthi strikes, while renewed Yemen fighting has displaced more than 200,000...

World Bank raises Saudi Arabia’s real GDP growth forecast to 7.9 percent in 2027

The revised forecast represents an increase of about three percentage points and comes as the bank expects the Saudi economy...

Latest News

UAE, Tanzania launch Green Silk Road food corridor

The Tanzania-UAE Green Silk Road will link farming, processing, storage, logistics, trade and markets in an integrated food security corridor...

UAE outward investment reaches $63.4 billion as global footprint expands

The country's sovereign funds and companies expanded investments across six continents in energy, logistics, technology, healthcare and other sectors, as...

UAE deploys AI agents at scale, Dataiku study finds

the research shows that 62% of UAE CIOs estimate that more than 50 AI agents are actively running in production...

Flydubai suspends Israel flights after emergency landing

Flight FZ1073 was carrying 174 people, most of them Israeli nationals, when a violent confrontation reportedly broke out in the...

Fatima El Mansouri appointed Morocco’s first woman prime minister

Fatima Ezzahra El Mansouri is the second woman to serve as prime minister in the Arab world after Najla Bouden’s...

INSEAD Day 1 -300x250
INSEAD Day 1 -300x250

Can the Middle East become a bigger driver of Accenture’s growth?

“The question for investors is," says Nagham Hassan, Market Analyst at etoro MENA, "whether AI will expand Accenture’s business or reduce demand for some of the work...

UAE ranks first in MENA, sixth globally in AI-human skills readiness

Coursera’s new AI-Human Skills Synergy Index says AI course enrollments in the UAE increased 75% year over year, with AI...

EDITOR'S PICK

3 ways travel drives economic growth while enhancing global connections and sustainability

WTTC research shows that, having endured estimated losses of $4.5 trillion and 62 million jobs...

EVs just the start, urban mobility needs a holistic approach

Cities must adopt EVs alongside shared transport, robust infrastructure, clean energy, and inclusivity, says Jamie...

Exclusive: Private military companies look at $366.8bn market as their demand, role in global conflicts rise

Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private...

TikTok under fire: Espionage claims, election influence campaigns and controversies

The platform faces accusations of espionage in the United States, while the European Union has...

GCC banks need stronger safeguards amid geopolitical uncertainty, KPMG says

KPMG says banks can strengthen portfolios through scenario analysis, stronger governance and monitoring as geopolitical tensions threaten borrowers, funding conditions...

Latest News

Fatima El Mansouri appointed Morocco’s first woman prime minister

Fatima Ezzahra El Mansouri is the second woman to serve as prime minister in the Arab world after Najla Bouden’s...

UN says Gaza faces worst economic crisis, needs $71.5 billion for recovery

The United Nations Conference on Trade and Development (UNCTAD) 92% of its economic establishments damaged or destroyed and more than...

UAE central bank bars Bank Melli Iran branches from Iran transactions

The violations included non-compliance with requirements and obligations under UAE legislation relating to combating money laundering, the financing of terrorism...

Maldives and Eagle Hills sign terms for $12 billion waterfront destination

The project, known as Maldives Waterfront and Marina, is planned as an integrated tourism and residential destination combining hotels and...

Sheikh Ahmed bin Rashid Al Maktoum passes away, 10-day mourning declared

His brother, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, mourned his death on social media, writing: “You...

Foreign buyers, expats account for bulk of Abu Dhabi’s $19.2bn H1 home sales

Off-plan deals dominated residential activity, while rising prices, strong rental demand and significant future deliveries pointed to continued momentum across...

UAE archaeological finds reveal new human history insights

Discoveries spanning prehistoric settlements, Bronze Age tombs and heritage sites are deepening understanding of ancient communities and their regional connections.

Saudi mega-projects could generate 35% of power needs through on-site renewables

A BCG report says rooftop solar and decentralized renewable systems can lower electricity costs, reduce emissions and help developers meet...

Middle East conflict: Trade tensions rise as oil jumps and tariffs shake markets 

Several ports suspended operations in the Middle East after drone strikes. DP World said operations at Jebel Ali port in...

Abu Dhabi residential property sales hit record $19.9bn in 2025

Apartments dominated the sales market, accounting for 66% of transactions, reflecting strong developer activity in the segment

Supply chain attacks emerge as top cyber threat to businesses: Study

The study found that large enterprises are particularly vulnerable because of their extensive vendor networks.

GCC outward workers’ remittances reach $161 billion in 2025

Gulf Cooperation Council countries collectively recorded the world’s highest value of outward workers’ remittances in 2025, totaling approximately $161 billion,...
  • GCC remittances rose 13.6 percent from 2024, increasing by approximately $19 billion to reach their highest level.
  • Remittances accounted for 6.6 percent of GCC GDP in 2025, compared with 6.0 percent recorded in 2024.

Google restricts free access to Gemini AI models

Google will restrict free access to some of its Gemini artificial intelligence models under changes taking effect this month. Starting...
  • Google AI Plus users will retain access to Flash-Lite and Flash but lose access to Pro under changes.
  • AI Pro and Ultra subscribers will continue accessing Flash-Lite, Flash and Pro, plus Deep Think.

Yemen government reports 1,122 attacks on Houthis, seeks international support

Meanwhile, Iran says war cannot solve conflict with Washington, while Tehran warns it remains ready to return to fighting if...
  • Yemen government forces say attacks targeted Houthi positions across Saada, al-Jawf, Taiz and coastal areas using multiple weapons.
  • Saudi-led coalition vows continued operational support for Yemeni government forces, citing attacks on Yemen, Saudi Arabia and Red Sea vessels.