Missile attack sets tanker ablaze off Oman as US blames Iran
The latest incident follows weeks of escalating tensions over a US-backed maritime corridor through Omani territorial waters, a route Iran has repeatedly rejected.
Geostrategy
EMEA megadeals surge as AI reshapes global dealmaking strategy: Report
The report warns that companies now face a new challenge: pursuing large acquisitions while simultaneously funding and executing AI transformations.
Business
Reading Dubai’s place on the UBS Bubble Index
UBS placed Dubai fifth on its 2025 Global Real Estate Bubble Index — behind Miami, Tokyo, Zurich and Los Angeles, ahead of Amsterdam and Geneva — and flagged it for the single largest rise of any city it tracks. For an institutional reader, the question is not whether the number is right. It is. The question is what it actually measures., writes Charles Philion, Co-Founder Pure Value.
The index scores the distance between current prices and their historic relationships with local rents, incomes and mortgage debt. A city climbs when prices pull away from those anchors quickly. That gauges imbalance well.
AI to cancer vaccines: Emerging technologies edge closer to large-scale adoption
World Economic Forum's Top 10 Emerging Technologies Report 2026, developed alongside the Dubai Future Foundation, has identified 10 technologies that it says are likely to achieve significant real-world impact within the next three to five years.
Geostrategy
AI success in life sciences depends on people as much as technology: Bain
Organizations creating the most value from AI are not necessarily those deploying the most technology. Instead, they are redesigning workflows, modernizing operating models and preparing employees for new ways of working.
Business
Dubai property market cools speculation but retains underlying strength
After a record-breaking 2025, the Emirate’s market has found a new level and a new temperament., writes Charles Philion, founder...
Analysis
Saudi tourist spending rises to $22 billion in Q1 despite drop in foreign arrivals
Domestic travel helped sustain Saudi Arabia's tourism sector in the first quarter, with total visitor numbers rising to 37.2 million and hotel performance strengthening in key religious destinations.
Business
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.
Economy
Achille Staiano
Chief Commercial Officer, Explora Journeys
Industry: Luxury Ocean Travel
Liliana Paraipan
Wellness Director at ZEM Wellness Clinic Altea
Industry: Hospitality Industry
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
Economy
Neil George
Partner & Co-CEO, Aleph Hospitality
Industry: Hospitality
China’s LNG ambitions take shape
The 344-meters-long QC-Max vessel, being built by Hudong-Zhonghua Shipbuilding, is designed for a major Qatari LNG expansion project.
Business
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.
Business
Missile attack sets tanker ablaze off Oman as US blames Iran
The latest incident follows weeks of escalating tensions over a US-backed maritime corridor through Omani territorial waters, a route Iran...
Geostrategy
Company News
EMEA megadeals surge as AI reshapes global dealmaking strategy: Report
The report warns that companies now face a new challenge: pursuing large acquisitions while simultaneously funding and executing AI transformations.
Business
Latest News
ADNOC Distribution to buy Shell South Africa business in $1 billion deal
The Abu Dhabi-listed company said on Tuesday it had signed a definitive agreement to buy 100% of the South African...
OPEC+ agrees fresh August output hike as Gulf oil production slowly recovers
The producer group approved another increase of 188,000 barrels per day for August, signaling confidence that Gulf oil output can...
Global equities, gold may extend gains in H2 2026 despite market risks: Standard Chartered
UAE and Middle East investors remain supported by stable oil markets, easing geopolitical risk premiums and strong liquidity, the bank...
UN inquiry says Israeli targeting of Palestinian children points to ‘genocidal intent’ in Gaza
The findings were published by the UN Independent International Commission of Inquiry, which said it had found evidence that Palestinian...
Gold prices fall 1 percent on Fed rate rise expectations, gold edges higher
Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel by 0026 GMT, while U.S. West Texas Intermediate...
Reading Dubai’s place on the UBS Bubble Index
The index scores the distance between current prices and their historic relationships with local rents, incomes and mortgage debt. A city climbs when prices pull away from...
AI to cancer vaccines: Emerging technologies edge closer to large-scale adoption
World Economic Forum's Top 10 Emerging Technologies Report 2026, developed alongside the Dubai Future Foundation, has identified 10 technologies that...
Geostrategy
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...
Saudi tourist spending rises to $22 billion in Q1 despite drop in foreign arrivals
Domestic travel helped sustain Saudi Arabia's tourism sector in the first quarter, with total visitor numbers rising to 37.2 million...
Business
Latest News
Gold prices fall 1 percent on Fed rate rise expectations, gold edges higher
Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel by 0026 GMT, while U.S. West Texas Intermediate...
Vance rebukes Israeli critics of Trump-Iran deal, says US remains Israel’s only ally
Vance said that if he were serving in Israel's cabinet, he would not be "attacking the only powerful ally that...
Saudi Arabia rises to 13th in global competitiveness rankings
The Kingdom ranked 13th out of 70 economies assessed in the annual report, improving from 17th place a year earlier...
Gold extends winning streak as oil and dollar weaken
The U.S. Dollar Index fell to 99.53, giving back part of the gains it had recently recorded on safe-haven demand....
Saudi Arabia’s residential market weakens in Q1 despite price gains
The slowdown was most pronounced in Riyadh, where transaction volumes and values dropped 82% from a year earlier. Activity also...
Company News
AI success in life sciences depends on people as much as technology: Bain
Organizations creating the most value from AI are not necessarily those deploying the most technology. Instead, they are redesigning workflows,...
Business
China’s LNG ambitions take shape
The 344-meters-long QC-Max vessel, being built by Hudong-Zhonghua Shipbuilding, is designed for a major Qatari LNG expansion project.
Business
Dubai property market cools speculation but retains underlying strength
After a record-breaking 2025, the Emirate’s market has found a new level and a new temperament., writes Charles Philion, founder...
Analysis
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...
Economy
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
Economy
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.
Business
Geostrategy
Mourners stream into Tehran for Khamenei farewell amid calls for ‘revenge’
The funeral of Iran's assassinated supreme leader has drawn mourners and foreign delegations from more than 100 countries, with Tehran...
- Red flags symbolising demands for revenge were prominently displayed during the funeral ceremony.
- More than 5,000 schools have been opened to accommodate pilgrims travelling to Tehran for the funeral.
Business
Adani, Abu Dhabi’s IRH to invest $11.5bn in Odisha aluminum project
Dubai, UAE -- Adani Enterprises and Abu Dhabi-based International Resources Holding (IRH), an IHC Group company, have agreed to establish...
- The integrated complex will include an alumina refinery, aluminium smelter, captive power plant and downstream manufacturing park.
- The investment is expected to create 53,500 jobs and become India's largest foreign investment in the metallurgy sector.
Business
Dubai SME programme awards record $485 million in contracts in 2025
Dubai, UAE -- Dubai's Emirati Supplier Programme facilitated a record AED1.78 billion ($485 million) in contracts for Emirati-owned small and medium-sized...
- Emirati Supplier Programme awards a record AED1.78bn in contracts to local SMEs, up 38% from 2024.
- Government procurement exceeds AED1bn for the first time, accounting for 58% of all contracts.
Achille Staiano
Chief Commercial Officer, Explora Journeys
Industry: Luxury Ocean Travel
Liliana Paraipan
Wellness Director at ZEM Wellness Clinic Altea
Industry: Hospitality Industry
Neil George
Partner & Co-CEO, Aleph Hospitality
Industry: Hospitality