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DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Strait of Hormuz disruption threatens trade flows: UNCTAD

UNCTAD data shows Brent crude oil prices rose above $90 per barrel, while natural gas prices also increased sharply after the disruption. Between Feb 27 and Mar 9, oil prices rose 27% to $91.8 per barrel, while gas prices climbed 74 percent.

US says Iran’s defence production capacity “nearing complete destruction” amid ongoing strikes

US Secretary of War Pete Hegseth has said that Iran’s defence industrial infrastructure is close to being completely destroyed following joint military operations by the United States and Israel, even as strikes against Iranian targets continue to intensify.

AI can screen talent, only humans can see it

As a researcher interested in the intersection of AI and hiring, I argue that while AI can improve efficiency and consistency, human insight remains essential at every stage of recruitment. This insight is particularly important in MENA, where labor markets are undergoing a profound structural transformation, writes Professor Isabel Fernandez-Mateo, Professor of Strategy and Entrepreneurship at London Business School. Recruitment is not a single yes-or-no decision. It is a sequence of interconnected funnels. Organizations define roles, craft job descriptions, attract applicants, screen CVs, conduct interviews, extend offers, and negotiate acceptance. At each stage, both employers and candidates make choices. AI increasingly shapes many of these decisions, but its influence is far from neutral.

Cultural nuance matters deeply in MENA. Communication styles differ across the Gulf, the Levant, and North Africa. Comfort with camera-based interviews varies by age, gender, and socioeconomic background.

AWS outage in Gulf raises reliability concerns as services remain disrupted over a week after strikes

Cloud services operated by Amazon Web Services (AWS) in the Gulf region continue to face disruptions more than a week after drone strikes damaged data centre infrastructure, raising concerns about the reliability of critical digital systems in an increasingly volatile geopolitical environment.

‘Strait of Hormuz disruption could trigger long-term shift in global trade and energy flows’

Kelsey Goodman of the World Economic Forum discusses Strait of Hormuz disruptions, global trade risks, and how GCC economies can turn crisis into opportunity.

Dubai moves from importing innovation to exporting it, says Future Solutions Head

Dubai’s innovation ecosystem is entering a new phase, argues Amer Abdulraoof, Head of Dubai Future Solutions – Prototypes for Humanity, with university-led prototypes now being scaled through government and industry partnerships.

MEA market decision-making cycle is fast but risk-averse: Ralph Melis 

The Middle East and Africa (MEA) markets are characterized by rapid growth, high owner influence, diverse operator models, and a...

WEF’s risks report 2025: Rising geopolitical tensions, environmental threats, disinformation dominate future threats

A survey of over 900 experts reveals state-based armed conflict as the most pressing global risk for 2025, driven by escalating geopolitical tensions and global fragmentation in cooperation and governance

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

Traditional coffee roaster reflects Saudi heritage

The mahmas is typically made of thick iron or copper and consists of a hollow cylindrical disc with a long handle used to stir coffee beans during roasting.

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 says Iran’s defence production capacity “nearing complete destruction” amid ongoing strikes

US Secretary of War Pete Hegseth has said that Iran’s defence industrial infrastructure is close to being completely destroyed following...

AI can screen talent, only humans can see it

Cultural nuance matters deeply in MENA. Communication styles differ across the Gulf, the Levant, and North Africa. Comfort with camera-based interviews varies by age, gender, and socioeconomic...

Latest News

Strait of Hormuz disruption threatens trade flows: UNCTAD

UNCTAD data shows Brent crude oil prices rose above $90 per barrel, while natural gas prices also increased sharply after...

G7 ministers consider oil reserves as markets face volatility

In a statement following a virtual meeting with International Energy Agency (IEA) Executive Director Fatih Birol, the ministers said they...

TECOM shareholders approve $229 million cash dividend for 2025

Dubai, UAE - TECOM Group PJSC shareholders approved the financial statements for the year ended 31st December 2025 and endorsed...

105 missiles, 176 drones destroyed since start of Iranian attack: Bahrain

The Bahrain Defence Force General Command (BDF) announced that its air defence systems have continued to successfully intercept successive waves...

Meta, YouTube face trial over children harm

Opening statements in the first trial began in Los Angeles County Superior Court, where Instagram parent company Meta and Google’s...

AWS outage in Gulf raises reliability concerns as services remain disrupted over a week after strikes

Cloud services operated by Amazon Web Services (AWS) in the Gulf region continue to face disruptions more than a week...

‘Strait of Hormuz disruption could trigger long-term shift in global trade and energy flows’

Kelsey Goodman of the World Economic Forum discusses Strait of Hormuz disruptions, global trade risks, and how GCC economies can...

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...

WEF’s risks report 2025: Rising geopolitical tensions, environmental threats, disinformation dominate future threats

A survey of over 900 experts reveals state-based armed conflict as the most pressing global risk for 2025, driven by...

Latest News

Meta, YouTube face trial over children harm

Opening statements in the first trial began in Los Angeles County Superior Court, where Instagram parent company Meta and Google’s...

US assets outperform as geopolitical shock reshapes markets

The dollar still functions as the world’s primary safe haven, and in moments of acute geopolitical uncertainty, capital flows toward...

Asian markets swing as traders assess latest tariffs volley

Asian markets were mixed Wednesday after President Donald Trump broadened his tariff threats, while traders were also assessing the geopolitical...

Israel army pulls out of Lebanon border villages, holds five positions: source

Israel's army has pulled out of southern Lebanese villages but remains in five positions as a deadline for the withdrawal...

FAB delivers strong results in 2024 with profit before tax of AED 19.9 billion, up 13% yoy

First Abu Dhabi Bank (FAB) has achieved solid results in 2024 with Group net profit reaching AED 17.1 billion, up...

Dubai moves from importing innovation to exporting it, says Future Solutions Head

Dubai’s innovation ecosystem is entering a new phase, argues Amer Abdulraoof, Head of Dubai Future Solutions – Prototypes for Humanity,...

Traditional coffee roaster reflects Saudi heritage

The mahmas is typically made of thick iron or copper and consists of a hollow cylindrical disc with a long...

MEA market decision-making cycle is fast but risk-averse: Ralph Melis 

The Middle East and Africa (MEA) markets are characterized by rapid growth, high owner influence, diverse operator models, and a...

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.

G7 ministers consider oil reserves as markets face volatility

In a statement following a virtual meeting with International Energy Agency (IEA) Executive Director Fatih Birol, the ministers said they...
  • They added that proactive measures—including the possible use of strategic oil reserves—remain under consideration as part of efforts to stabilize global energy markets.
  • The ministers said coordination is ongoing among G7 members as well as with IEA member states and other partners.

TECOM shareholders approve $229 million cash dividend for 2025

Dubai, UAE - TECOM Group PJSC shareholders approved the financial statements for the year ended 31st December 2025 and endorsed...
  • This brings the total cash dividends for 2025 to AED840 million, marking a new level of dividend distribution for the Group
  • Shareholders also approved the updated dividend policy for the financial year 2026, which suggests an aggregate cash dividend of AED880 million

105 missiles, 176 drones destroyed since start of Iranian attack: Bahrain

The Bahrain Defence Force General Command (BDF) announced that its air defence systems have continued to successfully intercept successive waves...
  • Since the onset of hostilities, BDF forces have intercepted and destroyed 105 ballistic missiles and 176 unmanned aerial vehicles
  • The General Command further stated that the targeting of civilian sites constitutes a clear violation of international humanitarian law