ADNOC-led partnership targets $30 billion infrastructure investments
The partnership will raise a combination of equity and debt capital to target an investment portfolio that aims to generate...
Business
Artificial intelligence rapidly reshaping cybersecurity: WEF
The AI and Cyber: Empowering Defenders report, developed in collaboration with KPMG, highlights measurable gains in cost reduction, response speed...
Geostrategy
Geostrategy
Trump claims Iran in ‘state of collapse’, says Tehran wants blockade lifted
US President Donald Trump has claimed that Iran is in a “state of collapse” and said Tehran has approached Washington...
- Speaking amid escalating tensions, Trump said Iran wanted the restrictions removed “as soon as possible”.
- The remarks come as Washington continues its maximum pressure campaign against Tehran, targeting its economy, trade routes and oil exports
Economy
MENA faces shortfall of 111,737 construction Project Managers by 2035: PMI
The PMI report finds that MENA will require up to 330,794 construction project management professionals by 2035 under a high-growth...
- Even under a low-growth scenario, the region would still face a shortfall of more than 88,561 professionals.
- Retirement-driven attrition will widen the gap further, compounding pressure on an already strained talent market.
Geostrategy
Hezbollah warns it would respond to Israeli ceasefire violations
The exchange came as regional tensions remained high and Iran intensified diplomatic efforts to secure a broader halt to hostilities,...
- U.S. President Donald Trump said on Sunday that Iran could contact Washington by phone if it wished to negotiate an end to the conflict.
- British Prime Minister Keir Starmer and Trump discussed the need to restore shipping through the Strait of Hormuz.
Business
Firms lag as AI-driven fraud surges: Study
The report, published by the Association of Certified Fraud Examiners and analytics firm SAS, highlights widening gaps between rapidly evolving...
- Among the fastest-growing threats is deepfake-enabled social engineering.
- The United Arab Emirates and Saudi Arabia have the potential to take a leading role in next-generation fraud prevention.
Geostrategy
Humanoid robot outpaces human half-marathon record in Beijing trial
Dubai, UAE -- A humanoid robot completed a half-marathon in China in a time faster than the human world record,...
- The robot, widely referred to as “Lightning” or “Flash,” finished the 21.1-kilometer race in 50 minutes and 26 seconds at the Beijing E-Town humanoid robot half-marathon.
- The race was not conducted under rules set by World Athletics, and the robot’s performance is not recognized as an official record.
Business
UAE real estate posts record Q1 growth on strong investor demand
In Dubai, the Dubai Land Department reported 718,160 real estate transactions, including 60,303 disposals, up 6% from a year earlier....
- Abu Dhabi recorded its highest quarterly performance on record with transaction values surging 160.7% to about $18.0 billion (AED66 billion).
- In Sharjah, real estate trading volume climbed 40.7% year-on-year to approximately $5.0 billion (AED18.5 billion).
Business
UAE foodservice sector set for continued growth through 2030: Deloitte preview
The UAE’s foodservice sector continued to grow in 2025 and is expected to expand further through 2030, even as the...
- The report said the global foodservice market is projected to reach €2.98 trillion in 2025, marking growth of 2.2% compared with 2024
- The UAE foodservice market, valued at €16 billion in 2025, grew by 1.6% compared with 2024 and is forecast to rise by a further 4.2% through 2030
Geostrategy
Lebanon ceasefire begins, violations test fragile truce
The truce, brokered by the United States, is intended to halt cross-border fighting between Israeli forces and Hezbollah. Scenes of...
- However, the calm was quickly tested. Lebanon’s army accused Israel of violating the ceasefire, while medics accused it of killing one person one person in the town of Kunin.
- U.S. President Donald Trump said Washington had “prohibited” Israel from carrying out further strikes in Lebanon.
Business
Sharjah Islamic Bank Q1 profit rises 19.4 percent
Sharjah Islamic Bank (SIB) reported a 19.4 percent rise in first-quarter net profit, supported by higher income from Islamic financing...
- Income from Islamic financing and sukuk rose 14.4 percent, supporting operating income growth and profitability levels.
- Customer deposits increased 10.3 percent, improving financing-to-deposit ratio while maintaining stable liquidity and asset quality metrics.
Geostrategy
Middle East conflict may push 30 million into poverty: UNDP
According to a new UNDP policy brief, the impact is most severe in countries directly affected by the fighting and...
- Recommends targeted cash transfers and energy support, warning against costly blanket subsidies in developing economies.
- It is estimated that up to $6 billion may be required, depending on the severity of the crisis.
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
ADNOC-led partnership targets $30 billion infrastructure investments
The partnership will raise a combination of equity and debt capital to target an investment portfolio that aims to generate...
Business
Company News
2PointZero posts profit surge
Business
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TECOM profit climbs
Business
Gas prices surge as Iran tensions roil energy markets
The Wall Street Journal reported that U.S. officials said President Donald Trump had instructed aides to prepare for a sustained...
Geostrategy
Most Read
Geostrategy
Next wave of global competitive advantage lies in tech combinations: WEF
Eight technology domains, including AI, robotics, engineering biology and advanced materials are no longer advancing in isolation.
- The United States alone could face a shortfall of between 10,100 and 19,900 surgeons by 2036.
- Organizations are urged to assess where bottlenecks sit in their value chains, determine which technology combinations could shift those constraints.
Geostrategy
Trump claims Iran in ‘state of collapse’, says Tehran wants blockade lifted
US President Donald Trump has claimed that Iran is in a “state of collapse” and said Tehran has approached Washington...
- Speaking amid escalating tensions, Trump said Iran wanted the restrictions removed “as soon as possible”.
- The remarks come as Washington continues its maximum pressure campaign against Tehran, targeting its economy, trade routes and oil exports
Economy
MENA faces shortfall of 111,737 construction Project Managers by 2035: PMI
The PMI report finds that MENA will require up to 330,794 construction project management professionals by 2035 under a high-growth...
- Even under a low-growth scenario, the region would still face a shortfall of more than 88,561 professionals.
- Retirement-driven attrition will widen the gap further, compounding pressure on an already strained talent market.