US and Iran trade strikes again, threatening fragile ceasefire
US Central Command said American fighter jets struck 10 Iranian military sites in and near the Strait of Hormuz, while...
Geostrategy
Global equities, gold may extend gains in H2 2026 despite market risks: Standard Chartered
UAE and Middle East investors remain supported by stable oil markets, easing geopolitical risk premiums and strong liquidity, the bank...
Business
Economy
The great tech reset: How the gulf turned sovereign capital into a tech ecosystem
The GCC has quickly moved from passive capital allocation into active ecosystem building, spurred on by heavy sovereign capital and...
- Heavy bets on cloud, AI infrastructure, and data centers are reshaping the region’s tech base
- The UAE and Saudi Arabia are fast closing the infrastructure gap with global tech leaders
Economy
Governments must put creativity at the center of economic strategy: Report
Titled Creative Futures: The Springboard for Sustained Economic Growth and Diversification, the report argues that cultural and creative industries —...
- The report finds that every dollar invested in creative industries generates approximately $2.50 in broader economic activity across sectors such as tourism and urban services.
- It warns that countries slow to act risk becoming importers of creative content rather than exporters shaping global cultural markets.
Business
Qadi partners with Core42 to power sovereign AI compliance platform
Qadi, the Middle East’s first sovereign regulatory compliance platform, has partnered with Core42, a G42 company, to power its artificial...
- Qadi’s AI agents automate regulatory compliance by translating local laws into workflows embedded directly within enterprise operations.
- Core42’s sovereign cloud ensures sensitive legal data remains protected under UAE jurisdictional controls and enterprise-grade governance frameworks.
Geostrategy
G42 launches ‘digital embassies’ model to help governments deploy sovereign AI
Abu Dhabi-based artificial intelligence group G42 on Tuesday launched what it calls a Digital Embassies framework and an operating model...
- It allows governments to deploy AI while retaining legal authority and control over data and systems, even when infrastructure is located outside national borders.
- The initiative comes as governments seek to accelerate the use of AI in areas such as public services, healthcare, national security and energy.
Economy
AI promise uneven as economists flag debt and market vulnerabilities
In its latest Chief Economists’ Outlook, the WEF said 53 percent of surveyed economists expect global economic conditions to weaken...
- Economists expect defence, energy and digital infrastructure spending to rise, while environmental budgets shrink amid difficult fiscal trade-offs.
- Survey respondents see South Asia leading growth, Europe lagging, and foreign investment favoring the United States over China.
Business
Deloitte unveils Middle East Center of Excellence for Oracle AI agents
Dubai, UAE - Deloitte Middle East has announced the launch of its Middle East Centre of Excellence for Oracle AI...
- The center offers a dedicated regional hub to develop and deploy Oracle AI Agents across public and private sectors
- It combines global expertise with local industry experience to advance agentic AI in the Middle East
Science
Gartner lists 2026’s defining tech: Faster AI, safer clouds, and smarter security
AI supercomputing platforms integrate CPUs, GPUs, AI ASICs, neuromorphic and alternative computing paradigms, enabling organizations to orchestrate complex workloads while...
- AI supercomputing platforms integrate CPUs, GPUs, AI ASICs, neuromorphic and alternative computing paradigms, enabling organizations to orchestrate complex workloads
- By 2028, Gartner predicts that over 40% of leading enterprises will have adopted hybrid computing paradigm architectures into critical business workflows, up from the current 8%
Business
Property Finder invests in digital real estate investment platform Stake
Dubai, UAE -- Property Finder, the MENA region’s largest property platform, has announced its investment in Stake, a fast-growing digital...
- Stake enables users to invest in fractional property ownership and private real estate funds starting from as little as AED 500.
- Property Finder said the deal demonstrates its belief in Stake and its vision to reshape how the next generation engages with real estate as an asset class.
Business
GITEX GLOBAL Day 4: Security in a world driven by AI and data takes center stage
Dubai, UAE-- On the day 4 of GITEX GLOBAL 2025, policymakers, cybersecurity leaders, and innovators convened to address the most...
- As digital transformation accelerates, speakers called for a unified global response that firmly plants security, ethics, and trust at the core of AI-driven progress.
- The 45th edition of GITEX GLOBAL converges more than 6,800 exhibitors, 2,000 startups, 1,200 investors, and delegations from over 180 countries.
Business
AI, robotics, energy systems, sensor networks: Four technologies driving the future of work
The report, Jobs of Tomorrow: Technology and the Future of the World's Largest Workforces, developed by the WEF's Global Future Council on...
- Realizing the vast opportunities while minimizing risks will require targeted investment, improved technology access in developing markets and inclusive platform design
- Applications already making an impact include drone-enabled agricultural harvesting, AI-powered logistics support for small businesses and micro-energy systems
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US and Iran trade strikes again, threatening fragile ceasefire
US Central Command said American fighter jets struck 10 Iranian military sites in and near the Strait of Hormuz, while...
Geostrategy
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Business
Dubai property market cools speculation but retains underlying strength
After a record-breaking 2025, the Emirate’s market has found a new level and a new temperament., writes Charles Philion, founder...
Analysis
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...
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...
Geostrategy
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Geostrategy
Middle East conflict slows global growth outlook, World Bank says
Most economies saw forecasts downgraded as rising energy costs, inflation and borrowing expenses create fresh challenges for growth and development...
- World Bank is making up to $60 billion available immediately through existing instruments to support affected countries.
- More than 30 countries are working with the institution to strengthen preparedness and enable rapid crisis responses.
Business
Gold heads for weekly loss as Wall Street gains on easing Iran tensions
Dubai, UAE -- Gold prices fell on Friday and were headed for a weekly loss, while major U.S. stock indexes...
- Dow, S&P 500 and Nasdaq rose after President Donald Trump withdrew threats of military action against Iran.
- Palladium gained about 5% this week, outperforming other precious metals despite broader weakness across the sector.
Business
Miral, Warner Bros announce two new DC attractions for Yas Island
Dubai, UAE -- Miral and Warner Bros. Discovery Global Experiences have announced two new DC-themed attractions for Warner Bros. World...
- Kryptonite Collider opens in July with a centrifuge-style experience inspired by Lex Luthor's Everyman Project.
- Superman Up and Away, a next-generation flying roller coaster, is targeted for completion in 2028.