Trump says war will end ‘very soon’, reiterates Iran Tehran will not have nuclear weapon
Saudi Crown Prince Mohammed bin Salman and UAE Vice President Sheikh Mansour bin Zayed Al Nahyan discuss regional developments in...
Geostrategy
Saudi Arabia, UAE climb WEF Tourism Index despite Middle East conflict disruption
Saudi Arabia jumps 17 places since 2019 on workforce reform and Vision 2030 investment, while the UAE tops the world...
Business
Business
UAE, Qatar lead Global Telecom Health Index on market structure
Kearney’s 34-market study finds coordinated investment, strong customer satisfaction and financial performance helping the two Gulf markets outperform larger economies.
- Markets with two or three mobile operators scored higher across financial, commercial and technology measures than more fragmented markets globally.
- Tower ownership also emerged as a factor, with UAE operators retaining passive infrastructure linked to stronger deployment and commercial performance.
Geostrategy
Trump demands Iran pay compensation for 50 years of damages
Trump’s demand comes as Tehran links Hormuz’s reopening to war reparations and an end to sanctions, complicating ongoing Iran-Oman talks...
- Two sides remain divided over Hormuz, with Washington maintaining a naval blockade while Tehran says American actions have made the waterway unsafe.
- Shipping data shows traffic remains sharply reduced, while US officials say dozens of commercial vessels have been redirected since the blockade resumed.
Business
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...
- Fatema Al Nuaimi, CEO of ADNOC Gas, said the company was accelerating one of the world's largest gas-processing growth programmes.
- The board approved a quarterly dividend of $940 million, payable in September, in line with the company's commitment to annual dividend growth of 5 percent through 2030.
Geostrategy
UAE thwarts cyber attacks targeting energy, aviation sectors
Dubai, UAE -- The UAE Cybersecurity Council (CSC) has announced that the national cyber systems have successfully detected and thwarted...
- The Council affirmed that the attacks were dealt with proactively and immediately, with intrusion attempts contained before the attackers could achieve their objectives.
- The Council explained that the attacks involved multiple vectors and techniques, including attempts to breach systems and digital infrastructure, target accounts.
Economy
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...
- Real estate led sectoral hiring growth, while education, construction, healthcare and logistics also exceeded national hiring averages.
- Female representation in leadership rose to 21.9 percent in 2025, from 18.8 percent a decade earlier.
Geostrategy
Houthis resume Red Sea attacks as Trump says US relying on economic pressure
Trump said Iran is in “very bad shape” financially, citing high inflation and difficulty paying its own troops. He credited...
- Houthi forces launched drones and ballistic missiles at Mocha, targeting military positions, weapons depots, residential areas and civilian infrastructure.
- Tehran says Hormuz reopening depends on US compensation, sanctions relief, ending military threats and lifting the naval blockade.
Business
World Governments Summit, WTTC launch tourism partnership
The World Governments Summit Organisation and the World Travel & Tourism Council have launched a strategic partnership to advance global...
- The partnership seeks more flexible, sustainable policies that strengthen tourism’s contribution to investment, economic growth, job creation and international cooperation.
- Cooperation will focus on global dialogues, knowledge exchange and future-ready initiatives designed to help the sector adapt to changing conditions.
Geostrategy
‘Correct your behavior’: Iran sets six conditions for reopening Strait Hormuz
Tehran says it wants to move beyond the current state of “neither war nor peace”, while Oman hosts efforts to...
- Iran’s six conditions broaden demands for reopening Hormuz, including sanctions relief, asset releases, compensation and withdrawal of US forces.
- Pezeshkian says Tehran believes now is the best time for an agreement, backing ongoing negotiations mediated by Oman.
Opinion
Cyber resilience is more than recovering from an attack
The question is no longer if an organization will experience a cyber incident. It is how well it will respond...
- Organizations increasingly adopt "assume breach" strategies, prioritizing detection, response and recovery alongside traditional preventive cybersecurity investments today.
- AI and automation accelerate threat detection and recovery, while boardrooms increasingly measure cybersecurity through business resilience outcomes instead.
Business
ADNOC L&S to expand fleet
It will acquire 11 carriers for $1.3bn.
- Acquisition includes nine vessels entering service this quarter, with two Chinese-built gas carriers scheduled for fourth-quarter delivery.
- The company said the acquisition would provide near-term operational and earnings potential while increasing the scale, flexibility and resilience of its shipping platform.
Trump says war will end ‘very soon’, reiterates Iran Tehran will not have nuclear weapon
Saudi Crown Prince Mohammed bin Salman and UAE Vice President Sheikh Mansour bin Zayed Al Nahyan discuss regional developments in...
Geostrategy
Company News
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Saudi Arabia calls Makkah security ‘Red Line’ after Houthi drone intercepted
Hormuz shipping traffic meanwhile fell to four, while US lawmakers again seek to curb military action as Iran war costs...
Geostrategy
Saudi Arabia’s East-West pipeline shutdown puts 4% of global oil supplies at risk
Oman, meanwhile, postpones meeting with Gulf states and Iran on possible Strait of Hormuz agreements, Foreign Minister Badr Albusaidi said,...
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,...
Business
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Geostrategy
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...
- Houthis claimed a missile and drone strike on a Saudi military base, while Tehran sought to distance itself from the group’s actions.
- Houthi military spokesman Yahya Saree said the group used ballistic missiles and drones to target a military base in Sharurah, southern Saudi Arabia.
Geostrategy
Houthis take control of key Bab el-Mandab island
A drone attack originating from Iraq leads to the closure of Saudi Arabia's key oil pipeline, prompting Baghdad to order...
- US forces have redirected 99 commercial vessels as Washington tightens its naval blockade of Iran amid continuing attacks on shipping.
- US President Donald Trump said the war with Iran would end “very soon”.
Geostrategy
IRGC targets US sea drone as Hormuz traffic falls to single digits
The claim came a day after Iran said it had captured an unmanned US submarine drone, while the US military...
- Trump says he would repeat his decision to wage war, while Gulf states prepare for talks with Iran over a temporary shipping arrangement.
- Iran’s attacks have also caused material damage to US aircraft at Jordan’s Muwaffaq Salti Air Base, according to a US official cited by Reuters.