Etihad to launch year-round Red Sea-Abu Dhabi service
Etihad Airways will launch a year-round service between Abu Dhabi and Saudi Arabia's Red Sea International Airport in October, expanding...
Business
US strikes Iran again as Trump says he is considering restarting major operations
Trump also said the United States would begin using frozen Iranian funds under US control to pay for damage to...
Geostrategy
Geostrategy
US launches ninth wave of strikes on Iran after death of another soldier
Iran's Revolutionary Guards said they had struck several U.S. military targets in Kuwait, including what they described as an early-warning...
- Iran's Revolutionary Guards warned Hormuz would remain unsafe for oil and petrochemical shipments as long as what they called U.S. aggression continued.
- Britain's United Kingdom Maritime Trade Operations (UKMTO) separately reported that a ship was on fire near Oman's coastline in the Strait of Hormuz.
Economy
UAE non-oil trade reaches record $527 billion in H1, says Al Zeyoudi
The milestone reflected the success of the UAE's strategy to build a diversified, competitive and open economy while strengthening its...
- He said the performance demonstrated continued international confidence in the UAE economy despite global headwinds and regional geopolitical tensions.
- Al Zeyoudi attributed the growth to the country's expanding trade relationships, supported by its Comprehensive Economic Partnership Agreement (CEPA) programme.
Geostrategy
Al Rajhi Bank becomes AFC Asian Cup Saudi Arabia 2027 regional partner
Dubai, UAE -- Saudi Arabia's Al Rajhi Bank has been named an exclusive regional partner of the AFC Asian Cup...
- Partnership will connect customers to tournament experiences, promotions and football-focused engagement initiatives across Saudi Arabia.
- Agreement aligns with Saudi efforts to expand sports investment and attract major international events under Vision 2030.
Geostrategy
1.1 billion children worldwide face three climate threats
Dubai, UAE -- Nearly half of the world's children – or around 1.1 billion children – are exposed to at...
- Children's Climate Risk Report 2026 that the most common climate threats are drought, extreme heat exceeding 35°C, and heatwaves.
- It added that almost every child in the world is exposed to at least one climate hazard.
Business
Dubai to award $15bn of Al Maktoum Airport projects by end-2026
Dubai, UAE -- Dubai plans to award strategic contracts worth more than AED55 billion ($15 billion) for the expansion of...
- Contracts worth AED13 billion are under execution, with more than 10 million work hours completed over 15 months.
- Dubai plans to award projects exceeding AED55 billion, including terminals, concourses, transport systems and infrastructure works.
Business
Riyadh Air adds five routes as first Dreamliners arrive
The expansion marks an early test of Saudi Arabia's ambition to build Riyadh into a major international aviation hub.
- London flights have been brought forward by three weeks after aircraft arrived earlier than expected.
- The carrier aims to serve more than 100 destinations worldwide by 2030.
Economy
Energy costs push OECD inflation to highest level this year
Dubai, UAE -- Annual inflation across the Organisation for Economic Co-operation and Development (OECD) accelerated to 4.4% in April from...
- Energy inflation reached 13.2% across the OECD, with 31 member countries reporting higher energy costs during April.
- U.S. inflation rose to its highest level since May 2023, while Britain's core inflation fell to four-year lows.
Geostrategy
Trump signs order allowing US Govt access to AI models before public release
The measure establishes a new cybersecurity clearinghouse involving federal agencies and industry partners, reflecting growing concerns about advanced AI systems'...
- Companies may voluntarily provide government access to advanced AI models for cybersecurity testing up to 30 days pre-release.
- Debate within Trump's administration highlighted tensions between AI safety concerns and maintaining competitiveness against China.
Geostrategy
Trump says Israel, Hezbollah agree to halt hostilities; Lebanon says deal could expand nationwide
Beirut was bracing for a possible Israeli bombardment on Monday after Israel announced plans to strike the city's southern suburbs,...
- Prime Minister Benjamin Netanyahu said he had ordered the Israeli military to attack the southern outskirts of Beirut, known as Dahiya, a Hezbollah stronghold
- Mohsen Rezaei, a senior military adviser to Iran’s supreme leader, warned that Tehran would not tolerate blockade of the Strait of Hormuz or Israeli military action in Lebanon
Opinion
Inside the UAE’s integrated approach to food security
Professor Tareq Osaili, Vice Dean, College of Health Sciences, Clinical Nutrition and Dietetics at the University of Sharjah, says the...
- UAE investments in logistics, food manufacturing, and global partnerships strengthened resilience against post-pandemic supply chain disruptions worldwide.
- Stable ingredients with longer shelf life help reduce food waste across households, restaurants, and large-scale food service operations.
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Etihad to launch year-round Red Sea-Abu Dhabi service
Etihad Airways will launch a year-round service between Abu Dhabi and Saudi Arabia's Red Sea International Airport in October, expanding...
Business
Company News
Latest News
UAE ranks first in Arab world, 11th globally in Global Knowledge Index
Qatar was at the 38th place, Saudi Arabia at 40, Kuwait (48), Oman (52), and Bahrain (55) in the Global...
Oman sees hospitality industry revenue fall 3.5%
The National Centre for Statistics and Information says domestic guest have supported the Oman's hotels.
Cyclone Shaheen kills four in Oman; UAE, Saudi on alert
Tropical Cyclone Shaheen bore down on Oman on Sunday, killing at least three people, and authorities urged residents to evacuate...
12 die in Saudi Arabia from Covid as infection lingers
Twelve people have died in Saudi Arabia from COVID-19, taking the total count of people having succumbed to the disease...
Saudi officials seize a big load of drugs at border with Jordan
A consignment of two million illegal pills was seized by the Saudi authorities along the kingdom’s border with Jordan. The...
Al Rajhi Bank becomes AFC Asian Cup Saudi Arabia 2027 regional partner
Dubai, UAE -- Saudi Arabia's Al Rajhi Bank has been named an exclusive regional partner of the AFC Asian Cup...
Geostrategy
1.1 billion children worldwide face three climate threats
Dubai, UAE -- Nearly half of the world's children – or around 1.1 billion children – are exposed to at...
Geostrategy
Dubai to award $15bn of Al Maktoum Airport projects by end-2026
Dubai, UAE -- Dubai plans to award strategic contracts worth more than AED55 billion ($15 billion) for the expansion of...
Business
Most Read
Economy
Energy costs push OECD inflation to highest level this year
Dubai, UAE -- Annual inflation across the Organisation for Economic Co-operation and Development (OECD) accelerated to 4.4% in April from...
- Energy inflation reached 13.2% across the OECD, with 31 member countries reporting higher energy costs during April.
- U.S. inflation rose to its highest level since May 2023, while Britain's core inflation fell to four-year lows.
Geostrategy
Trump signs order allowing US Govt access to AI models before public release
The measure establishes a new cybersecurity clearinghouse involving federal agencies and industry partners, reflecting growing concerns about advanced AI systems'...
- Companies may voluntarily provide government access to advanced AI models for cybersecurity testing up to 30 days pre-release.
- Debate within Trump's administration highlighted tensions between AI safety concerns and maintaining competitiveness against China.
Geostrategy
Trump says Israel, Hezbollah agree to halt hostilities; Lebanon says deal could expand nationwide
Beirut was bracing for a possible Israeli bombardment on Monday after Israel announced plans to strike the city's southern suburbs,...
- Prime Minister Benjamin Netanyahu said he had ordered the Israeli military to attack the southern outskirts of Beirut, known as Dahiya, a Hezbollah stronghold
- Mohsen Rezaei, a senior military adviser to Iran’s supreme leader, warned that Tehran would not tolerate blockade of the Strait of Hormuz or Israeli military action in Lebanon