Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

US launches fresh strikes on Iran as Tehran expands attacks on Gulf bases

The latest operation followed approximately 140 US strikes carried out the previous day after Iran attacked a commercial ship in...
  • Iranian state media reported US strikes on the southern Gulf islands and said one person was killed and four others wounded in Khuzestan province.
  • Iran also reported drone strikes on sites in Oman, while Kuwait said border posts and an offshore oil platform had come under attack.

Sheikh Hamad bin Khalifa Al Thani, who put Qatar on world map, passes away

His death at the age of 74 closed a defining chapter in the country's modern history. During his 18-year reign...
  • His voluntary 2013 abdication to Emir Sheikh Tamim marked an unprecedented peaceful generational transition in modern Gulf monarchies.
  • In 1996, he authorised the launch of Al Jazeera, the satellite television network that revolutionised Arabic-language news and reshaped media across the region.

Iran launches drone, missile attacks on Gulf nations after US strikes

The latest round of fighting erupted after Iran's IRGC attacked a Cyprus-flagged container ship it said was transiting via an...
  • UAE's ministry of defence said the country's air defence was engaging Iranian drones and missiles.
  • Qatar and Bahrain asked its citizens to remain calm and move to safer places.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.
  • Scheduled to commence on 20th July 2026, Aleppo becomes flydubai’s second destination in Syria, joining the capital city, Damascus.
  • The company said this reinforces the airline’s commitment to opening up previously underserved markets.

Tehran says it ‘kept its word’ as Trump threatens to ‘decimate’ Iran if targeted

Foreign minister Abbas Araghchi says compliance with the US-Iran memorandum of understanding must be mutual. Tehran denies seeking new talks...
  • US reportedly gives Tehran a deadline to stop attacks on shipping in the Strait of Hormuz.
  • Trump says '1,000 missiles are locked and loaded and aimed at Iran' with 'thousands more ready to follow'.

DFDF backs MetaProp to boost PropTech investment

Dubai, UAE -- Dubai Future District Fund (DFDF) has committed capital to MetaProp Fund IV LP, making the New York-based...
  • Partnership will introduce a Dubai accelerator module linking global PropTech startups with regional investors, developers and real estate stakeholders.
  • MetaProp portfolio companies will gain access to DFDF's regional network as Dubai pursues its D33 innovation and diversification strategy.

Khamenei laid to rest in Mashhad as clashes persist, Hormuz traffic recovers

Khamenei's flag-draped coffin was carried into the Imam Reza shrine in his hometown of Mashhad, where state television said he...
  • Japan says 22 linked vessels exited the Gulf since Tuesday as LNG tankers increasingly resumed Strait of Hormuz transits.
  • Diesel export curbs in Russia and limited refining capacity continue supporting fuel prices despite easing crude market volatility.

Tabadul trading value reaches $3.68 billion in H1 2026

Abu Dhabi, UAE -- Tabadul, the regional cross-border trading and market connectivity platform, recorded a record trading value of AED13.5...
  • Tabadul connects markets with a combined market capitalization exceeding US$1 trillion.
  • The milestone reflects growing investor demand for access to regional markets, rising participation by brokerage firms and increased investor activity

US strikes Iran during Khamenei funeral despite promised pause

Attacks hit southern Iran as funeral rites for the slain supreme leader continued in Iraq, prompting Tehran to accuse Washington...
  • US military said strikes hit more than 80 targets after accusing Iran of attacking three commercial vessels in the Strait of Hormuz.
  • Iran vowed a crushing response, saying the attacks violated the memorandum and warning only its designated Hormuz shipping route remained safe.

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...
  • ADNOC Distribution plans to sell a 28% stake in the business to a local empowerment partner and an employee stock ownership plan in line with South African ownership requirements.
  • The acquisition includes Shell Downstream South Africa's network of about 580 company- and dealer-owned fuel stations, together with its wholesale fuel and aviation businesses.

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...

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Qatar PM heads to Tehran as regional diplomacy intensifies

US President Donald Trump said on Wednesday that he was in “no hurry” to resume talks with Iran, arguing that...

As AI joins the workforce, who gives it authority?

The first generation of enterprise generative AI largely answered questions, summarised documents and produced content. A human usually remained responsible...

Iran says Hormuz remains closed despite transit agreement with Oman

US president Donald Trump, meanwhile, says that all mines have been cleared from the waterway's international waters and that Tehran...

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Iran dismisses new US sanctions threat as ‘same movie’ amid escalating economic war

Araghchi’s comments came as Washington signalled that its next round of measures would go beyond targeting Iran itself, potentially placing...
  • Iran’s security chief Mohsen Rezaei warns Tehran could halt Gulf oil exports, calling countries supporting US sanctions hostile to Iran.
  • Oman’s foreign minister will visit Tehran as both sides seek dialogue over regional stability and the strategically vital Strait of Hormuz.

UAE archaeological finds reveal new human history insights

Discoveries spanning prehistoric settlements, Bronze Age tombs and heritage sites are deepening understanding of ancient communities and their regional connections.
  • Research at Jebel Al Buhais found repeated human occupation spanning 60,000 to 16,000 years amid major climate fluctuations.
  • A newly discovered Al Ain tomb contained remains and artefacts that could reveal ancient migration, diets and trade networks.

Iran warns states joining US sanctions would be deemed ‘enemies’

Tehran says Washington’s campaign could deepen nuclear insecurity, while Trump renews his claim over the Strait of Hormuz.
  • Macron and Saudi Crown Prince Mohammed bin Salman are set to discuss regional stability, energy and strategic cooperation in Paris.
  • Six European governments are pushing an EU-wide windfall tax on oil companies, citing soaring refining margins and living costs.