Maldives and Eagle Hills sign terms for $12 billion waterfront destination
The project, known as Maldives Waterfront and Marina, is planned as an integrated tourism and residential destination combining hotels and...
Business
Iran warns US, regional states of retaliation ‘without limitations’ if attacked
The warning came as US President Donald Trump said he was considering three options for dealing with Tehran — reaching...
Geostrategy
Geostrategy
Lebanon violence tests US-Iran accord as Israeli ministers harden rhetoric
Lebanon's Health Ministry said at least 21 people were killed and 39 wounded in overnight strikes across southern Lebanon.
- "For every tear of an Israeli mother, a thousand Lebanese mothers must weep," Israeli minister Itamar Ben-Gvir wrote on social media.
- Iranian Foreign Minister Abbas Araghchi condemned the remarks, saying they reflected Israel's desire for "permanent war".
Geostrategy
Vance rebukes Israeli critics of Trump-Iran deal, says US remains Israel’s only ally
Vance said that if he were serving in Israel's cabinet, he would not be "attacking the only powerful ally that...
- Israeli leaders insist they retain freedom to confront Hezbollah and Iran regardless of terms in the U.S.-Iran accord.
- Vance earlier this week that the accord would make both Israel and the wider region safer and expressed confidence that Israel would eventually support it.
Geostrategy
Middle East conflict exposes hydrogen supply risks: IEA
Dubai, UAE -- The conflict in the Middle East has disrupted production and trade in hydrogen-based products, exposing vulnerabilities in...
- Global demand exceeded 100 million tons in 2025 while low-emissions hydrogen production approached one million tons.
- Announced low-emissions hydrogen capacity expected by 2030 has fallen sharply because of project delays and cancellations.
Geostrategy
US, Iran technical negotiations face delay after Vance postpones Switzerland visit
"The logistics of these negotiations have never been simple or predictable. As of now the Vice President is not departing...
- White House says technical negotiations will begin later despite postponement of vice president's Switzerland trip for talks.
- Witkoff tells lawmakers Iran will invite international inspectors as nuclear verification efforts move into implementation stage.
Economy
Saudi Arabia rises to 13th in global competitiveness rankings
The Kingdom ranked 13th out of 70 economies assessed in the annual report, improving from 17th place a year earlier...
- The report attributed the improvement to stronger performance across all four of its pillars: economic performance, government efficiency, business efficiency and infrastructure.
- Overall, Saudi Arabia ranked among the global top 10 in 74 of the report's 262 indicators.
Geostrategy
Trump, Iran president sign framework accord to end conflict, launch nuclear talks
The accord, signed electronically by both leaders, is intended to serve as a framework for a broader settlement rather than...
- Pakistan Prime Minister Shehbaz Sharif said his country, supported by Qatar, would host a ceremony in Switzerland on Friday to launch technical-level discussions.
- The framework extends the existing ceasefire by 60 days, creating a window for negotiations on a permanent settlement and Iran's nuclear activities.
Business
Abu Dhabi climbs global startup rankings on AI and tech growth
The emirate was ranked in the #41-50 category globally, improving from the #51-60 range a year earlier and marking one...
- The report highlighted the role of Hub71 in supporting founders and technology companies as Abu Dhabi seeks to strengthen its position as a global innovation hub.
- The report, unveiled at the VivaTech conference in Paris, analyzed data from more than 5.5 million companies across over 350 entrepreneurial ecosystems worldwide.
Geostrategy
US-Iran framework centers on investment fund, sanctions waiver and nuclear talks
At the center of the memorandum of understanding is a proposed $300 billion private investment vehicle, known as the Reconstruction...
- Reuters reports a private $300 billion investment vehicle would activate only after a final settlement is reached.
- Trump says sanctions relief is not immediate and warns military action could resume if negotiations fail.
Business
Gold extends winning streak as oil and dollar weaken
The U.S. Dollar Index fell to 99.53, giving back part of the gains it had recently recorded on safe-haven demand....
- Other precious metals also moved higher. Spot silver gained 0.3% to $70.38 an ounce, platinum rose 0.5% to $1,812.80, and palladium added 0.3% to $1,355.65.
- Brent crude futures fell 16 cents, or 0.2%, to $78.80 a barrel by 0340 GMT, while U.S. West Texas Intermediate crude slipped 25 cents, or 0.3%, to $75.80 a barrel.
Geostrategy
Iranian tankers leave blockade zone as US-Iran deal moves toward signing
Iranian crude exports resumed ahead of a planned US-Iran signing ceremony, even as disputes over Lebanon, shipping rules and implementation...
- Shipping trackers reported three Iranian tankers carrying about 4.8 million barrels crossed the US blockade perimeter.
- Trump criticised Israeli strikes in Lebanon while Tehran linked future negotiations to an Israeli military withdrawal.
Maldives and Eagle Hills sign terms for $12 billion waterfront destination
The project, known as Maldives Waterfront and Marina, is planned as an integrated tourism and residential destination combining hotels and...
Business
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Tabreed H1 revenue $308m
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Trump says no Iran talks as Israeli strikes on Syria draw condemnation
Iranian Foreign Minister Abbas Araghchi said Iran was seeking an end to the war and rejected the idea of a...
Geostrategy
UAE defense ministry says ‘missile threat towards country’ detected
The Ministry said if any sounds are heard, they are the result of air defense interceptions and "affirmed its full...
Geostrategy
Middle East Energy expects 1,528 exhibitors for 50th Dubai edition
Middle East Energy will host its 50th edition in Dubai next month with 1,528 global energy companies confirmed to exhibit,...
Business
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Geostrategy
Trump rejects Iran deal extension as regional tensions mount
The US president says Iran will not make the deal he considers necessary, while Washington declines to extend the expired...
- Tehran condemns a drone attack in Iraqi Kurdistan, warns companies supporting US operations and faces renewed tensions around Hormuz.
- US envoy Kushner said his meeting with Hamas had been “very cordial” and that the group could begin disarming soon.
Business
Masdar, ScottishPower complete foundations at East Anglia THREE
Abu Dhabi Future Energy Company PJSC (Masdar) and ScottishPower Renewables have completed installation of all 95 foundations at the £4...
- The project has completed its foundation phase as turbine installation passes halfway, with construction continuing toward a planned end-2026 operation.
- The development is supporting thousands of construction jobs and has directed almost £2 billion toward Britain's domestic renewable-energy supply chain.
Economy
70% Saudization for project management jobs from February 2027
Saudi Arabia's Ministry of Human Resources and Social Development (HRSD), in partnership with the Ministry of Municipalities and Housing (MOMAH),...
- The decision covers private-sector establishments employing at least three workers in targeted project management professions.
- Support includes recruitment, training, qualification, job retention and priority access to Saudization programs for covered employers.