Attack on Iranian vessel in Hormuz leaves one dead, 3 injured
Tehran blamed "American enemy" for the attack, which came a day before a meeting between Iran and Gulf states in Oman over the strategically important waterway.
Geostrategy
UAE non-oil trade with BRICS countries reaches $312 billion, says minister of foreign trade
Dr. Thani bin Ahmed Al Zeyoudi said trade with BRICS countries grew 28.5 percent in 2025 from the previous year, highlighting the potential for further economic cooperation with the group’s large markets, young populations, fast-growing economies and industrial bases.
Business
The long memory of Dubai’s debt markets
Moody’s review of Binghatti Holding for a possible downgrade looks alarming, but Dubai’s property market has seen this process before. Charles Philion, Co-Founder of True Value, examines how the developer’s tightening cash position, aggressive build-out and 2027 bond maturity compare with the experiences of Nakheel and Emaar Properties. The analysis argues that a “review for downgrade” is not necessarily a verdict, but a process triggered by a specific question about cash-flow timing — one Dubai’s developer credit market has weathered before.
Binghatti’s review comes as net profit rose 64% year-on-year, while Moody’s had only five months earlier cited strong liquidity, disciplined execution and a resilient, cash-generating development pipeline. The question now is whether collections and sales can keep pace with an aggressive build-out ahead of the 2027 bond maturity — and whether Dubai’s earlier developer precedents...
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.
Economy
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.
Business
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...
Research
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.
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 Dubai, one of the world's busiest container ports, had been suspended due to a fire after "aerial interception," he adds.
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
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.
Arts & Culture
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
Attack on Iranian vessel in Hormuz leaves one dead, 3 injured
Tehran blamed "American enemy" for the attack, which came a day before a meeting between Iran and Gulf states in Oman...
Geostrategy
Company News
UAE non-oil trade with BRICS countries reaches $312 billion, says minister of foreign trade
Dr. Thani bin Ahmed Al Zeyoudi said trade with BRICS countries grew 28.5 percent in 2025 from the previous year,...
Business
Latest News
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...
Dubai airport expects stronger H2 as airline capacity and demand recover
Dubai Airports CEO Paul Griffiths said the return of airline capacity was being matched by recovering demand, particularly important for...
Gold prices hit highest levels in three months, oil falls
Oil prices fell by more than $1 a barrel on Monday as investors took profits ahead of an expected US...
UAE defense ministry says ‘missile threat towards country’ detected
The Ministry said if any sounds are heard, they are the result of air defense interceptions and "affirmed its full...
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...
Economy
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...
Analysis
Latest News
UAE defense ministry says ‘missile threat towards country’ detected
The Ministry said if any sounds are heard, they are the result of air defense interceptions and "affirmed its full...
ADNOC Gas posts $665 million in H1 net income
The company also raised its target for EBITDA growth to 60 percent by 2030, compared with 2023, up from its...
Emaar Properties posts 23 percent rise in H1 net profit to $3.5 billion
Founder Mohamed Alabbar said the results reflected Emaar's disciplined approach and Dubai's continued economic expansion, adding that the company would...
UN warns Gaza remains unsafe for civilians
''Humanitarians report that a sixth-grade student was hit by a bullet and injured in a tented classroom. The child was...
Meta ‘ignored’ teen safety warnings to boost Instagram profits
Lawyers for Tennessee said Meta researchers repeatedly warned company executives that some teenagers were using Instagram compulsively, contributing to eating...
Company News
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...
Business
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.
Arts & Culture
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...
Research
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
Four Palestinians killed as pressure mounts over West Bank settlements
- The latest deaths in Nablus, Qalqilya and Tulkarem brought the Palestinian Health Ministry’s West Bank toll this year to 100.
- US Secretary of State Marco Rubio stopped short of condemning Britain's decision to impose sanctions on illegal Israeli settlements.
Geostrategy
US and Iran exchange attacks on oil tankers, warships as oil heads to $100
- Jordan intercepted most Iranian missiles targeting its territory, while Tehran claimed further strikes against American vessels and tankers in Hormuz.
- Washington expanded pressure on Tehran with new airline sanctions as shipping disruptions threatened to deepen energy-market uncertainty across the region.
Business
PIF launches company to develop coastal destination in Khafji
- The 20-square-kilometer development will feature eight neighborhoods, 16,000-plus housing units, 1,400 hotel rooms and marinas.
- First-phase construction, covering three neighborhoods, is scheduled for completion in 2030 as development unfolds in three phases.







