UN says Gaza faces worst economic crisis, needs $71.5 billion for recovery
The United Nations Conference on Trade and Development (UNCTAD) 92% of its economic establishments damaged or destroyed and more than...
Geostrategy
Pezeshkian says Iran won’t surrender, but remains open to negotiations
Speaking at the United Nations General Assembly in New York, Pezeshkian delivered a defiant response a day after US President...
Geostrategy
Geostrategy
Trump says US and Iran engaged in ‘friendly’ talks after strikes pause
Iran responded by warning the United States against targeting its commercial shipping and oil tankers, saying any such move would...
- Saudi Aramco reportedly suspended operations at the Abqaiq oil processing and stabilisation facility after a Houthi drone attack on Monday.
- Pakistan condemned the drone attacks on Saudi Arabia, calling them a grave threat to regional peace and reaffirming its support for the kingdom's sovereignty.
Business
UAE investors drive half of Sharjah property trade in first half
Dubai, UAE -- UAE investors accounted for more than half of Sharjah's real estate trading value in the first half...
- Women increased their presence across ownership and transaction activity, with younger investors recording particularly strong participation levels.
- Official report attributes investment growth to supportive legislation, urban development and expanding portfolio of quality real estate projects.
Business
du deploys sovereign cloud platform for Dubai Taxi Company
Dubai, UAE -- UAE telecom operator du said on Monday it had completed the deployment of its National Hypercloud platform...
- Migration moves mission-critical transport systems onto Oracle Alloy-based infrastructure hosted entirely within the UAE for enhanced sovereignty and resilience.
- Platform is designed to reduce operating complexity while supporting AI-driven analytics and future digital mobility service expansion.
Analysis
Luxury stocks: when good results are not enough
Luxury sales are rising, but investors remain increasingly selective as markets reward durable, high-quality growth over headline gains, says etoro...
- Richemont outperformed peers as resilient jewellery demand and broad regional growth reassured investors despite broader luxury sector uncertainty worldwide.
- Burberry and Moncler exceeded expectations, but lingering concerns over recovery durability and seasonality weighed heavily on investor sentiment.
Geostrategy
New Israeli settler outposts set up after wave of anti-Palestinian violence, arrests
The coordinated assaults stretched across eight governorates, leaving mosques, homes and businesses damaged as Palestinian officials warned of escalating settler...
- Two mosques were torched and a Ramallah quarry suffered an estimated 2 million shekels in fire damage, owners said.
- Palestinian authorities recorded 42 new settler outposts during 2026's first half alongside more than 11,000 reported attacks.
Geostrategy
UAE’s Wadi Wurayah inscribed on UNESCO World Heritage List
The reserve is the country's third World Heritage Site and the first recognized specifically for its outstanding natural value.
- UAE officials say designation recognises the reserve's biodiversity, rare ecosystems and long-term conservation efforts under international standards.
- Officials said Wadi Wurayah is one of the few places in the UAE with permanent surface water and contains the country's only permanent natural waterfall.
Geostrategy
UN pauses air strikes on Iran amid reports of concerns over Patriot shortage
Iranian foreign ministry, meanwhile, says progress has been made in the talks held over the weekend between Tehran and Oman...
- Reports say Washington delayed further strikes amid concerns over Patriot interceptor shortages and risks of a broader regional conflict.
- US Central Command said its naval blockade against Iran remained in force and that 12 commercial vessels attempting to reach Iranian ports had been redirected.
Geostrategy
Houthis claim Saudi missile attack as Trump says ‘talking to Iran’
The Houthis said on Telegram that a "Yemeni missile strike" had sparked fires in Jizan. Saudi authorities did not immediately...
- Saudi civil defence issued alerts for Jizan and Yanbu after the reported strike, while Riyadh gave no immediate response.
- A Yemeni security source told AFP that a naval base in Hodeidah and a military camp on Kamaran Island were among the targets hit by Saudi forces.
Opinion
Dubai property’s case of déjà vu
Philion says don't mistake a freeze for a fall. On the historical pattern, sharp shocks in a structurally supported Dubai...
- Golden Visa reforms now include mortgaged properties, expanding eligibility and widening Dubai's potential pool of long-term property investors significantly.
- Dubai added roughly 470 residents daily in 2025, supporting sustained housing demand under its five-million-resident D33 growth strategy.
Geostrategy
Netanyahu orders new West Bank settlements
Dubai, UAE -- Israeli Prime Minister Benjamin Netanyahu said on Friday his government would establish new settler outposts in the...
- Israeli settlements in the occupied West Bank are considered illegal under international law.
- More than 500,000 Israeli settlers live in West Bank settlements alongside about three million Palestinians.
UN says Gaza faces worst economic crisis, needs $71.5 billion for recovery
The United Nations Conference on Trade and Development (UNCTAD) 92% of its economic establishments damaged or destroyed and more than...
Geostrategy
Company News
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Houthi attacks on Saudi Arabian cities wounds dozens of civilians, including children
Major-General Turki al-Maliki, the spokesman for the Saudi-led coalition fighting in Yemen, said in a statement that the Houthi attacks...
Geostrategy
Hidden liabilities behind major property deals
UAE property investors must look beyond certificates to uncover hidden fire-safety risks that could affect costs, valuations and returns, writes...
Opinion
Tehran to announce new Hormuz shipping route in coming days
The announcement comes after Iran signed an agreement with Oman, as shipping traffic plunges, oil prices rise and regional governments...
Geostrategy
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Business
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...
- 58 percent of frontline employees and 67 percent of managers save at least eight hours weekly using AI tools.
- Most GCC workers say AI has fundamentally changed the skills expected of them in their roles, the report found.
Geostrategy
Trump threatens further strikes as Iran vows new war strategy
US Central Command said Washington was continuing its blockade against Iran and had redirected 86 commercial vessels as of Thursday.
- Iran says 18 people were killed and 142 wounded in US attacks between August 30 and September 2, including women and children.
- Six commodity vessels crossed the Strait of Hormuz on Wednesday, less than half the current 10-day average of about 13 daily.
Analysis
Shein’s debut puts its valuation, and its growth story, to test
Shein’s weak debut is a telltale sign that limited share availability cannot disguise investor concerns over valuation and growth, says...
- Revenue growth has slowed sharply, while first-quarter sales barely moved, raising questions about whether Shein can sustain its expansion.
- European daily active users have fallen around 45 percent following changes to small-parcel duty exemptions, highlighting pressure on low-cost demand.