UAE sets 5.06 percent profit rate for retail T-Sukuk
The UAE Ministry of Finance set a 5.06% annual profit rate for its second five-year Sovereign Retail T-Sukuk issuance. Subscriptions...
Business
Global economy stabilizes as fiscal room narrows, WEF says
World Economic Forum survey finds improving global outlook, but tighter fiscal space, geopolitical risks, AI investment uncertainty and living costs...
Expo 2020 DUBAI
Geostrategy
Iran begins funeral ceremonies for Khamenei as Tehran prepares for massive show of unity
Millions are expected to gather in the Iranian capital over the coming days, with senior regional leaders attending ceremonies that...
- New IRGC chief Ahmad Vahidi makes his first public appearance since before the war.
- Officials estimate that between 15 million and 20 million people could participate in the ceremonies across Tehran.
Geostrategy
Iran warns US, Israel against attacks as Khamenei funeral preparations begin
The warning came as US-Iran diplomacy remained on track after Doha talks. Iran's deputy foreign minister said the Doha negotiations...
- Trump says Iran's denuclearisation effort is "moving along well" after indirect Doha talks showed positive progress.
- Tehran schedules nationwide funeral ceremonies through July 9 as foreign leaders prepare to attend Khamenei's state funeral.
Business
Qatar’s foreign investment jumps 52% as 2025 projects reach record levels
Qatar attracted $3.4 billion in foreign direct investment across 373 projects in 2025, a 52% increase in new investments from...
- Qatar attracted $3.4 billion across 373 FDI projects, generating more than 15,000 jobs during 2025, Invest Qatar reported.
- Greenfield investments exceeded half of capital inflows as medium- and high-technology projects accounted for nearly half of total investments.
Geostrategy
Doha negotiators agree hotline as Trump says US-Iran talks progressing
Technical negotiators focused on implementing the ceasefire framework, sanctions relief and Hormuz arrangements despite lingering regional security tensions.
- Iran and the United States agreed to establish a hotline for reporting ceasefire violations following technical implementation talks in Doha.
- Negotiators discussed sanctions relief, frozen assets and Hormuz arrangements while regional security risks continued despite diplomatic progress.
Geostrategy
Trump says Iran denuclearization ‘moving along well’ as Doha talks continue
Technical negotiations continue over shipping, sanctions and ceasefire implementation as mediators work to translate the June accord into practice.
- Iran warns it will respond immediately to any threat as Israeli rhetoric raises tensions despite ongoing diplomacy.
- Shipping and aviation authorities maintain heightened security measures around Hormuz amid concerns the ceasefire remains fragile.
Geostrategy
US, Iran continue indirect contact in Doha as officials trade barbs over talks
The envoys' presence follows US President Donald Trump's announcement on Monday that Iran had requested a meeting in the Qatari...
- South Korea's Oceans Ministry said the HMM-operated bulk carrier Namu, damaged in a May attack in the Strait of Hormuz, will exit the strait in late July.
- Democratic Representative Rashida Tlaib said she would support a bill to block roughly $3.3bn in military aid to Israel.
Business
Emirates becomes first airline cargo carrier to deploy Boeing 777-300ERSF
Dubai, UAE -- Emirates is marking a significant milestone in the expansion of its cargo fleet by becoming the first...
- The aircraft (A6-EBK) will enter commercial service with a flight from Hong Kong to Dubai carrying over 100 tones of cargo.
- The converted Boeing 777-300ERSF is the sixth new freighter, following five Boeing 777-F production freighters, to join Emirates SkyCargo’s fleet since March 2026.
Geostrategy
Iran demands MoU implementation before US talks in Doha
Trump said US envoys were travelling to Qatar for what he described as a "perhaps important, perhaps not" meeting, adding...
- Strait of Hormuz dispute remains major obstacle as Tehran demands sanctions relief and asset releases before broader negotiations begin.
- Brent crude, the primary international benchmark, has dipped with investors eyeing potential US-Iran talks in Doha.
Business
GCC asset management reaches $2.7 trillion as retail growth outpaces institutions
Boston Consulting Group says regional asset managers must strengthen distribution capabilities and technology adoption as industry competition intensifies globally.
- Retail assets outpaced institutional growth, highlighting accelerating demand despite institutional investors continuing to dominate regional assets under management.
- BCG says distribution capabilities, AI adoption and technology investment will increasingly determine competitive advantage for regional asset managers.
Geostrategy
US and Iran agree to halt strikes, pursue technical talks: Official
AFP quoted an American official as saying that the technical talks are slated to continue on all areas of the...
- Hezbollah on Monday said it reserved the right to self-defence after several Israeli attacks on southern Lebanon despite a truce.
- Lebanese Parliament Speaker and Hezbollah ally Nabih Berri also said the trilateral framework would not pass.
UAE sets 5.06 percent profit rate for retail T-Sukuk
The UAE Ministry of Finance set a 5.06% annual profit rate for its second five-year Sovereign Retail T-Sukuk issuance. Subscriptions...
Business
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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.
Geostrategy
Iran calls new US sanctions ‘declaration of war’ against all countries
US president Donald Trump, meanwhile, says he views the Strait of Hormuz as 'an American territory' and Iran 'cannot be...
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Geostrategy
Hormuz ship crossings halve as Iran war disrupts energy flows
No very large crude carriers or liquefied natural gas tankers were among the vessels recorded. One very large gas carrier...
- Only Hormuz crossings halved to seven commodity ships as shipping risks intensified and US-Iran peace talks remained stalled.
- Brent was headed for a second weekly rise, gaining more than seven percent over five sessions amid supply disruptions.
Business
Emarat, Dell Technologies sign AI adoption agreement
Emirates Petroleum Company P.J.S.C. (Emarat) has signed a memorandum of understanding with Dell Technologies to accelerate artificial intelligence adoption and...
- Emarat and Dell Technologies signed an agreement to accelerate intelligence adoption, identify use cases and strengthen data-driven decision-making.
- Emarat’s transformation agenda targets greater efficiency, resilience, stronger technology capabilities and sustainable growth through digital partnerships across sectors.
Business
Etihad Airways becomes first airline to accept Jaywan payments
Etihad Airways has become the first airline to accept Jaywan, the UAE’s national domestic card scheme, for flight bookings on...
- UAE customers can use Jaywan cards across Etihad’s network, while Royal holders will receive discounts and priority benefits.
- Etihad’s partnership with Al Etihad Payments follows a memorandum signed last October, deepening ties between airline and payments operator.