Saudi Arabia mandates tougher money laundering risk assessments
Dubai, UAE -- Saudi Arabia has updated the executive regulations of its Anti-Money Laundering Law, introducing stricter disclosure requirements for...
Business
IAEA prepares to inspect Iran nuclear sites as US, Gulf states back Tehran accord
In Israel, Prime Minister Benjamin Netanyahu and Defence Minister Israel Katz said Israeli forces would remain indefinitely in what they...
Geostrategy
Geostrategy
Khalifa Education Award begins judging stage
Abu Dhabi, UAE — The General Secretariat of the Khalifa Award for Education, one of the institutions of the Zayed...
- This phase will be carried out through interviews conducted by specialized judging committees to review educational projects.
- The General Secretariat said the evaluation and judging phase aims to measure the actual impact of the submitted works.
Business
flydubai 2025 profit $591m
Total revenue increases by 6% to $3.7bn
- The carrier reported EBITDA of 4.0 billion dirhams ($1.1 billion) and closed the year with cash and bank balances of 5.6 billion dirhams ($1.5 billion).
- flydubai carried a record 15.7 million passengers in 2025, supported by strong demand for both leisure and business travel.
Business
Dubai targets $87 trillion wealth pool as investors rethink portfolios
Dubai, UAE -- Dubai is positioning itself as a global hub for private wealth as high-net-worth individuals rethink where and...
- Women, who account for more than one-tenth of ultra-high-net-worth individuals, are expected to receive 95 percent of an estimated $54 trillion in inter-spousal wealth transfers.
- Henley & Partners estimates the United Arab Emirates attracted about 9,800 new millionaires in 2025 — most settling in Dubai.
Business
UAE launches first 7-year Islamic Treasury Sukuk worth $150 million
Abu Dhabi, UAE -- The UAE Ministry of Finance said on Sunday it had launched its first-ever seven-year tranche of...
- The new tranche attracted strong demand amounting to approximately 3.1 billion dirhams, nearly six times the issuance size.
- Total bids reached 5.88 billion dirhams, representing an oversubscription ratio of 5.3 times.
Geostrategy
No option but to continue resistance, says Hezbollah after deadly Israeli strikes
Mahmud Qamati, a Hezbollah official, described the strike in the Bekaa Valley as “a new massacre and a new aggression”...
- Lebanon’s health ministry reported 12 people killed — 10 in the east and two in the south — while Hezbollah confirmed eight of the dead were its members.
- Israel has continued strikes in Lebanon despite a November 2024 ceasefire intended to end more than a year of cross-border hostilities.
Geostrategy
US–Iran tensions escalate toward war as Gulf military buildup and Israeli preparations intensify
Indirect talks in Geneva have yielded what officials call “guiding principles” for a possible agreement, but the framework remains skeletal...
- Israel is intensifying emergency preparedness across its healthcare system, armed forces and civilian infrastructure as tensions with Iran escalate
- Prime Minister Benjamin Netanyahu issued a blunt warning to Tehran, saying any attack would draw an “unimaginable” response
Geostrategy
Trump signals second carrier deployment as US-Iran prepare to resume talks
In interviews with Israeli media, Trump warned of consequences if negotiations fail. “Either we reach a deal or we'll have...
- In interviews with Israeli media, Trump warned of consequences if negotiations fail. “Either we reach a deal or we'll have to do something very tough.”
- ranian President Masoud Pezeshkian has said Tehran will demand the lifting of financial sanctions and uphold its nuclear rights, including enrichment
Opinion
Embed AI in workflows so deep that it becomes invisible: Matt Cloke
Becoming AI-native starts with a shift in mindset. To harness its full potential, we need to see AI not as...
- To truly unlock AI’s potential, organizations need to modernize from within.
- Becoming AI-native demands more than innovation; it calls for a cultural shift where people, processes, and platforms work in harmony.
Geostrategy
Iran signals potential dilution of highly enriched uranium if sanctions are lifted
Iran and the US resumed indirect nuclear talks on Monday in Muscat under Omani mediation, marking the first round of...
- Media speculation has focused on Iran’s stockpile of around 400 kilograms of enriched uranium, with reports suggesting Washington has sought its transfer to a third country
- Eslami said Iran continues to engage with International Atomic Energy Agency under existing safeguards agreements, including discussions related to nuclear facilities
Geostrategy
Iran says US talks in Oman a ‘good beginning’ as fears of military confrontation grow
The discussions took place in Muscat, with the US delegation led by special envoy Steve Witkoff and the Iranian side...
- Oman said its foreign minister held separate meetings with Araghchi, Witkoff and US President Donald Trump’s son-in-law and emissary Jared Kushner
- According to a statement, the “consultations focused on preparing the appropriate conditions for resuming diplomatic and technical negotiations.”
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Saudi Arabia mandates tougher money laundering risk assessments
Dubai, UAE -- Saudi Arabia has updated the executive regulations of its Anti-Money Laundering Law, introducing stricter disclosure requirements for...
Business
Company News
Latest News
Samsung biggest chip investor
Business
Forbes lists Emirates Auction CEO among top CMOs
Dubai, UAE -- Omar Matar Al Mannaei, chief executive officer and chief marketing officer of Emirates Auction, has been named...
Business
GCC youth population tops 23.5m as workforce presence expands
Dubai, UAE -- More than 23.5 million people aged between 15 and 34 lived across the Gulf Cooperation Council countries...
Geostrategy
US and Iran agree to ‘immediate’ end to military operations, will sign MoU in Switzerland
The content of the agreement, which follows weeks of fraught negotiations and periodic threats from Trump of fresh hostilities unless...
Geostrategy
Most Read
Geostrategy
Trump predicts Iran accord to be signed soon, Hormuz to open
Mediators voiced growing optimism that weeks of negotiations were nearing completion, while competing narratives from Washington and Tehran underscored lingering...
- Iran's Foreign Ministry spokesman Esmaeil Baqaei said a signing date had not yet been determined and indicated an accord would not be signed on Sunday.
- Pakistan Prime Minister Shehbaz Sharif said on X that the agreement was closer “than ever before” and expected to be finalised within 24 hours.
Geostrategy
Iran says draft accord to end the war could be signed within days
Iranian Foreign Minister Abbas Araghchi said the proposed framework would address issues including the U.S. naval blockade and the future...
- Araghchi said Tehran wanted any agreement to allow Iran to charge ships transiting the Strait of Hormuz for what he described as services provided during passage.
- Iran introduced a toll system during the conflict, a move the United States and several other countries have argued violates international law.
Business
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.
- It will carry substantially more cargo than conventional LNG carriers while reducing losses during transport.
- Compared with standard 174,000-cubic-metre LNG carriers, the new design offers around 57% more cargo capacity.