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.

US, Iran resume indirect talks as Trump denies concessions

Meanwhile, Brent crude rose 0.6 percent to $105.91 a barrel, while US West Texas Intermediate gained 0.8 percent to $93.32, as supply disruption concerns persisted.

OpenAI halts GPT-6.1 Astra release over safety concerns

The decision comes before OpenAI’s annual developer conference, where the company is expected to face scrutiny over AI safety.

Putting people at the center of justice

“People remain the true measure of the success of any justice system,” says Counsellor Dr. Hamad Saif Al Shamsi, Attorney-General of the UAE, who participated today in two High-Level Segment Thematic Meetings at the 15th UN Congress on Crime Prevention and Criminal Justice - Abu Dhabi 2026. He noted that the UAE’s digital transformation of justice services focuses on simplifying and re-engineering procedures, reducing bureaucracy and improving access while preserving legal safeguards.

Al Shamsi said technology could support analysis, accelerate access to information and improve efficiency, but stressed that “AI cannot replace legal judgement or human responsibility for decisions."

UAE hiring rebound gains momentum as talent flows recover, report says

The the UAE Economic Graph Report 2026 by LinkedIn and the Ministry of Foreign Trade says real estate led hiring growth, while the UAE ranked highly for FinTech skills, AI talent attraction and net migration.

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.

US, Iran resume indirect talks as Trump denies concessions

Meanwhile, Brent crude rose 0.6 percent to $105.91 a barrel, while US West Texas Intermediate gained 0.8 percent to $93.32,...

OpenAI halts GPT-6.1 Astra release over safety concerns

The decision comes before OpenAI’s annual developer conference, where the company is expected to face scrutiny over AI safety.

Latest News

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...

Qatar launches platform to manage wealth fund domestic portfolio

Qatar’s new investment platform will manage the wealth fund’s domestic portfolio as Doha targets $60 billion in infrastructure and private...

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

Putting people at the center of justice

Al Shamsi said technology could support analysis, accelerate access to information and improve efficiency, but stressed that “AI cannot replace legal judgement or human responsibility for decisions."

UAE hiring rebound gains momentum as talent flows recover, report says

The the UAE Economic Graph Report 2026 by LinkedIn and the Ministry of Foreign Trade says real estate led hiring...

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

Qatar launches platform to manage wealth fund domestic portfolio

Qatar’s new investment platform will manage the wealth fund’s domestic portfolio as Doha targets $60 billion in infrastructure and private...

Gaza death toll since ceasefire rises to 1,375 as settler violence surges

The ministry said three Palestinians were killed and at least 27 injured during the 24 hours covered by its latest...

Space42, Viasat sign binding agreement to co-found ‘Equatys’

Space42 and Viasat will each initially contribute $400 million, while Space42 is expected to provide an additional $200 million in...

Four Palestinians killed as pressure mounts over West Bank settlements

The UK and 11 other countries have announced support for trade sanctions targeting Israeli settlements in the occupied West Bank....

93% GCC frontline employees use AI weekly, BCG report finds

The report, titled “Strategy Matters More than Tools,” draws on data from the UAE, Saudi Arabia, Kuwait and Qatar and...

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.

Turkey, Saudi Arabia and Pakistan plan emergency military talks over Houthi attacks

UAE suspends Iranian airline flights, joining regional countries restricting carriers as US sanctions intensify pressure on Tehran’s aviation sector and...
  • Iranian President Masoud Pezeshkian has told US media that Tehran remains willing to pursue an agreement with Washington through negotiations.
  • British Foreign Secretary Ed Miliband also met Araghchi on the sidelines of the UN General Assembly.

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...
  • The prohibition covers trade finance and fund transfers involving all Bank Melli Iran branches operating in the UAE.
  • The CBUAE said it would continue to strengthen its supervisory framework and take measures to safeguard the soundness and integrity of the UAE financial system.

SoftBank raises $11.1 billion through bonds for OpenAI

SoftBank Group has issued dollar- and euro-denominated bonds worth a combined $11.1 billion as it seeks funding to support its...
  • An offering document showed on Thursday that SoftBank issued $1 billion of 3.5-year senior dollar notes, $4.5 billion of 5.5-year notes and $4.5 billion of 7.5-year notes.
  • SoftBank also issued two €500 million tranches with maturities of four and six years, yielding 7.125% and 8%, respectively.