US-Iran framework centers on investment fund, sanctions waiver and nuclear talks
At the center of the memorandum of understanding is a proposed $300 billion private investment vehicle, known as the Reconstruction and Development Fund, designed to encourage both sides to pursue a final settlement.
Geostrategy
Abu Dhabi climbs global startup rankings on AI and tech growth
The emirate was ranked in the #41-50 category globally, improving from the #51-60 range a year earlier and marking one of its strongest advances in the annual rankings.
Business
Eight Arab nations, $40.9bn impact: The World Cup’s economic power play
The 2026 World Cup will feature an unprecedented eight Arab nations — Saudi Arabia, Qatar, Jordan, Morocco, Tunisia, Egypt, Algeria and Iraq — marking the strongest Arab presence in the tournament's history. The tally doubles the previous record of four teams set in 2018, with Jordan securing a maiden World Cup berth and Iraq returning to football’s biggest stage for the first time in four decades.
Beyond setting a participation record, the unprecedented Arab presence at the 2026 World Cup highlights the growing economic influence of sport across the Middle East and North Africa. Analysts estimate the tournament could contribute up to $40.9 billion to global GDP, while offering participating nations a powerful platform to boost tourism, attract investment and enhance...
Middle East conflict slows global growth outlook, World Bank says
Most economies saw forecasts downgraded as rising energy costs, inflation and borrowing expenses create fresh challenges for growth and development worldwide.
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
UAE executives face growing accountability over AI strategies
A new Dataiku study shows UAE CEOs increasingly view AI performance, governance and accountability as defining measures of leadership success.
Business
Why the GCC should stop trying to build Silicon Valley and focus on owning it
Fahad AlSharekh says the GCC’s edge isn’t startup mimicry but global investment power — backing AI, infrastructure and category leaders early, not chasing hype.
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
US-Iran framework centers on investment fund, sanctions waiver and nuclear talks
At the center of the memorandum of understanding is a proposed $300 billion private investment vehicle, known as the Reconstruction...
Geostrategy
Company News
Abu Dhabi climbs global startup rankings on AI and tech growth
The emirate was ranked in the #41-50 category globally, improving from the #51-60 range a year earlier and marking one...
Business
Latest News
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...
Gulf sovereign funds line up for landmark SpaceX listing
Saudi Arabia's Public Investment Fund and Kuwait Investment Authority have each submitted orders worth between $1 billion and $5 billion....
PIF assets reach $910 billion by 2025 end, below Vision 2030 target
According to the latest Vision 2030 annual report, the real non-oil GDP reached $892 billion against a target of $904...
Saudi Arabia’s economy expands as oil and non-oil sectors grow
According to the General Authority for Statistics (GASTAT), all major economic sectors recorded positive annual growth during the quarter, reflecting...
Eight Arab nations, $40.9bn impact: The World Cup’s economic power play
Beyond setting a participation record, the unprecedented Arab presence at the 2026 World Cup highlights the growing economic influence of sport across the Middle East and North...
Middle East conflict slows global growth outlook, World Bank says
Most economies saw forecasts downgraded as rising energy costs, inflation and borrowing expenses create fresh challenges for growth and development...
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...
Why the GCC should stop trying to build Silicon Valley and focus on owning it
Fahad AlSharekh says the GCC’s edge isn’t startup mimicry but global investment power — backing AI, infrastructure and category leaders...
Latest News
Saudi Arabia’s economy expands as oil and non-oil sectors grow
According to the General Authority for Statistics (GASTAT), all major economic sectors recorded positive annual growth during the quarter, reflecting...
OpenAI files confidentially for IPO as AI boom accelerates
The company did not disclose the size or timing of the offering, saying only that preparations remained at an early...
Oil steadies while gold and bitcoin extend weekly losses
Oil markets were supported by expectations that ongoing talks between the United States and Iran could help secure energy flows...
UAE property market draws global investors despite regional conflict
The UAE Property Investment Index, conducted by U.S.-based Penta Group, found that 56% of global property investors expressed serious interest...
Trump signs order allowing US Govt access to AI models before public release
The measure establishes a new cybersecurity clearinghouse involving federal agencies and industry partners, reflecting growing concerns about advanced AI systems'...
Khalifa Education Award begins judging stage
Geostrategy
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
UAE executives face growing accountability over AI strategies
A new Dataiku study shows UAE CEOs increasingly view AI performance, governance and accountability as defining measures of leadership success.
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...
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
Business
Dubai to award $15bn of Al Maktoum Airport projects by end-2026
Dubai, UAE -- Dubai plans to award strategic contracts worth more than AED55 billion ($15 billion) for the expansion of...
- Contracts worth AED13 billion are under execution, with more than 10 million work hours completed over 15 months.
- Dubai plans to award projects exceeding AED55 billion, including terminals, concourses, transport systems and infrastructure works.
Economy
Saudi Arabia’s inflation rises to 1.8 percent in May on higher rents
Dubai, UAE -- Saudi Arabia’s annual inflation rate rose to 1.8% in May 2026, up from April, as higher housing,...
- The cost-of-living index increased to 105.3 points in May from 103.5 points a year earlier.
- GASTAT said the rise was driven primarily by a 3.7% year-on-year increase in housing, water, electricity, gas and other fuels, reflecting a 4.7% rise in rents.
Opinion
Eight Arab nations, $40.9bn impact: The World Cup’s economic power play
Beyond setting a participation record, the unprecedented Arab presence at the 2026 World Cup highlights the growing economic influence of...
- Morocco reached the semi-finals in 2022, and in 2023, the country welcomed 14.5 million visitors, up 34% from the year before.
- Football was obviously not the sole driver, but the result clearly helped keep Morocco on a global scale.
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