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.

Trump says Iran war could end soon as his top cabinet members meet at Camp David

Houthi attacks in Taiz have reignited Yemen’s conflict, while Saudi-backed forces and Houthis fought near a waterway crucial to global energy flows.

AI market could need $6 trillion annual revenue by 2031, report says

Much of the value is expected to come from new innovation beyond employee productivity, Bain & Company said in its seventh annual Global Technology Report.

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.

Trump says Iran war could end soon as his top cabinet members meet at Camp David

Houthi attacks in Taiz have reignited Yemen’s conflict, while Saudi-backed forces and Houthis fought near a waterway crucial to global...

AI market could need $6 trillion annual revenue by 2031, report says

Much of the value is expected to come from new innovation beyond employee productivity, Bain & Company said in its...

Latest News

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...

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...

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

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...

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...

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.

US consumer confidence hits its lowest level since 2014 on higher cost of goods, services

The Conference Board’s gauge of confidence decreased 6.7 points to 81.9 after a downward revision to the prior month, data...
  • Consumers pointed to higher costs for goods and services as the primary reason for the decline.
  • The average price for a gallon (3.78 litres) of petrol has jumped 37 cents over the past month.

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...
  • El Mansouri, a 50-year-old urban planning minister and the mayor of Marrakesh, was tasked with forming a new government..
  • She entered local governance early, when she was elected mayor of Marrakesh in 2009, becoming the first woman to hold the city’s mayoralty.

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.
  • Researchers linked to OpenAI previously investigated agents communicating independently before hundreds subsequently attacked software startup Hugging Face.
  • The decision comes amid wider calls within the AI industry for greater caution in developing frontier models.