Seizure of vessel anchored near UAE coast close to Hormuz raises Gulf tensions
The incident came hours after India condemned an attack on an Indian-flagged vessel off Oman’s coast, calling continued assaults on...
Geostrategy
Mubadala, Tubacex operationalise TBX Nexxia platform in Abu Dhabi
Mubadala Investment Company and Tubacex Group have announced the full operational launch of their joint venture in Abu Dhabi, activating...
Business
Geostrategy
Saudi Arabia Railways launches 5 new logistics routes
Riyadh, Saudi Arabia -- Saudi Arabia Railways (SAR) has launched five new logistics routes designed to enhance supply chain efficiency...
- These routes link Arabian Gulf ports with the Kingdom’s central and northern regions, extending to the Red Sea and northern neighboring countries.
- The initiative supports the National Transport and Logistics Strategy and Saudi Vision 2030 goals to establish the Kingdom as a global logistics hub.
Business
Dubai property market rises 31% to $68 billion in first quarter
Dubai, UAE -- Dubai’s real estate transactions rose 31 percent year-on-year to 252 billion dirhams ($68.6 billion) in the first...
- Figures from the Dubai Land Department showed 718,160 real estate procedures were recorded during the quarter.
- Luxury real estate transactions totaled 87.71 billion dirhams, up 26 percent, highlighting strong demand for high-end developments.
Geostrategy
Israeli strikes on Lebanon kill dozens
The strikes hit multiple areas, including parts of Beirut, with emergency teams struggling to reach casualties amid heavy congestion. The...
- Israel said the strikes targeted members of Hezbollah in what it described as a “surprise” attack.
- The escalation came hours after a ceasefire was announced between Israel, Iran and the United States.
Business
Masdar, TotalEnergies $2.2bn venture to push renewable energy growth in Asia
Dubai, UAE -- Masdar and TotalEnergies have signed a binding agreement to establish a $2.2 billion 50/50 joint venture aimed...
- As electricity demand accelerates across Asia, this partnership brings together capital and expertise to deliver renewable
- The JV will have a portfolio capacity of 3 GW of operational assets and 6 GW
Opinion
Geopolitics, risk aversion and crypto: Why this time may be different
Bitcoin has already endured five consecutive months of declines since reaching an all-time high of $126,500 in October 2025. February...
- The Crypto Fear and Greed Index recently fell to record lows, highlighting just how fragile investor confidence had become even before geopolitical tensions intensified.
- Progress around the proposed CLARITY Act in the United States could mark a structural milestone for the industry.
Geostrategy
Iran offers US new proposal to reopen Strait of Hormuz, end war: report
Iran has conveyed a fresh proposal to the United States through Pakistani intermediaries, seeking an agreement to reopen the Strait...
- The development follows remarks by US President Donald Trump on Sunday suggesting Iran could directly approach Washington
- He also expressed confidence that the war would conclude soon and that Washington would emerge stronger from the conflict
Business
National Bonds reports record 2025 results as funds exceed $4.9 billion
National Bonds said it posted its strongest annual performance in two decades, with bondholders’ funds surpassing $4.9 billion in 2025....
- The company has distributed more than $1.09 billion in profits and rewards since inception.
- National Bonds said it has helped create 232 millionaires through disciplined savings programs.
Geostrategy
Countdown begins for NASA’s historic Moon mission
If successful, Artemis II will carry four astronauts on a lunar flyby, testing critical systems needed for future missions that...
- The launch window opens April 1 at 6:24 pm local time, with backup opportunities available through April 6.
- The crew — including three Americans and one Canadian — is in quarantine ahead of the mission, which will mark several historic firsts.
AD Ports records $564 million 2025 net profit
The company said revenue grew 20 percent year-on-year to $5.65 billion, while net profit increased 16 percent, supported by strong...
- The company said its customer base grew by nearly 20 percent in 2025, while spending by its top 10 customers rose around 40 percent.
- AD Ports also said it would raise about $1.25 billion through an asset monetization programme.
Business
UAE real estate gains momentum on strong 2025 base as Mar sales surge
Dubai, UAE -- The UAE’s real estate sector extended its upward trajectory in March, with robust project launches, steady construction...
- Dubai records landmark AED422 million apartment sale as luxury segment demand accelerates further.
- Abu Dhabi sees rapid sell-outs, with AED6 billion in Yas Island project sales within 72 hours.
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
Seizure of vessel anchored near UAE coast close to Hormuz raises Gulf tensions
The incident came hours after India condemned an attack on an Indian-flagged vessel off Oman’s coast, calling continued assaults on...
Geostrategy
Company News
TECOM profit climbs
Business
Latest News
UAE quits OPEC, reshaping global oil politics
The decision marks one of the most significant ruptures in the producer group's recent history. Long viewed as one of...
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.
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...
Geostrategy
Most Read
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.