INSEAD Day 4 - 728x90

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

US launches eleventh consecutive night of Iran strikes as diplomacy stalls

U.S. Secretary of State Marco Rubio said Washington remained willing to engage with Tehran if it demonstrated a genuine commitment to negotiations. Rubio also warned that allowing Iran to control the Strait of Hormuz would set a dangerous global precedent.

Global support for refugees remains strong, but skepticism over asylum claims persists: Ipsos

Thirty-four percent of respondents in the Ipsos survey said genuine refugees should seek asylum in the first safe country they reach rather than travelling farther, while 33% cited information reported in traditional media.

Alphabet and Tesla in focus as markets demand more from Big Tech

The Magnificent Seven have carried markets for the past two years, but investor patience is clearly wearing thinner, said Josh Gilbert, Lead Market Analyst, APAC & Middle East at eToro. The equal-weighted Magnificent Seven ETF has returned just 1.5% this year compared with 8.7% for the S&P 500, while recent weakness in semiconductor stocks has put AI spending firmly under the microscope.

"Three months ago investors were comfortable funding aggressive AI investment," Gilbert added. "Today they're asking tougher questions. Markets now want proof that this level of spending will generate durable returns."

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.

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.

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...

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.

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

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.

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 launches eleventh consecutive night of Iran strikes as diplomacy stalls

U.S. Secretary of State Marco Rubio said Washington remained willing to engage with Tehran if it demonstrated a genuine commitment...

Global support for refugees remains strong, but skepticism over asylum claims persists: Ipsos

Thirty-four percent of respondents in the Ipsos survey said genuine refugees should seek asylum in the first safe country they...

Latest News

Burnham names new cabinet after replacing Starmer as UK prime minister

Britain's new leader pledged a 10-year plan to ease living costs, re-industrialize the economy and decentralize power while reshaping his...

UAE non-oil trade reaches record $527 billion in H1, says Al Zeyoudi

The milestone reflected the success of the UAE's strategy to build a diversified, competitive and open economy while strengthening its...

Abu Dhabi real estate transactions more than double in H1

Data released by the Abu Dhabi Real Estate Centre (ADREC) showed total real estate transactions reached $31.9 billion in the...

Lamki: ADNOC’s South Africa acquisition accelerates international growth strategy

Chief Executive Officer ADNOC Distribution Bader Saeed Al Lamki said South Africa was attractive because of its scale and regulatory...

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...

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

Alphabet and Tesla in focus as markets demand more from Big Tech

"Three months ago investors were comfortable funding aggressive AI investment," Gilbert added. "Today they're asking tougher questions. Markets now want proof that this level of spending will...

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...

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...

Latest News

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...

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...

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,...

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.

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...

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.

Sanad posts record revenue

Growth driven by global demand for services.
  • Company expanded engine portfolio to 17 assets and increased annual workforce 44 percent as it broadened aerospace capabilities.
  • Sanad invested over $218 million in infrastructure, including new repair and testing facilities, to support long-term aviation growth.

Saudi public investment funds assets rise 20 percent in Q1 to $61 billion

Dubai, UAE -- Assets of Saudi Arabia's public investment funds rose 20 percent year-on-year to SAR231.7 billion ($61.8 billion) in...
  • Assets of local funds increased 17 percent from a year earlier to SAR192.1 billion, accounting for 83 percent of total public investment fund assets, Argaam reported.
  • Assets of foreign funds, which represented the remaining 17 percent of total assets, rose 35 percent year-on-year to about SAR39.6 billion, according to the report.

US launches ninth wave of strikes on Iran after death of another soldier

Iran's Revolutionary Guards said they had struck several U.S. military targets in Kuwait, including what they described as an early-warning...
  • Iran's Revolutionary Guards warned Hormuz would remain unsafe for oil and petrochemical shipments as long as what they called U.S. aggression continued.
  • Britain's United Kingdom Maritime Trade Operations (UKMTO) separately reported that a ship was on fire near Oman's coastline in the Strait of Hormuz.