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...
Geostrategy
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.
Business
Geostrategy
Geothermal, desalination: Top 10 solutions for planetary health
Dubai, UAE--Ten transformative technology solutions could change the way the world powers homes, grows food and secures freshwater, according to...
- In 2024, global temperatures stayed 1.5°C above pre-industrial levels for the entire year and current estimates put the world on track for nearing 3°C of warming by 2100.
- Each technology was evaluated through various means including expert nominations, AI trend analysis, peer assessment and analysis of adoption conditions.
Business
WEF’s Dubai Summit tackles existential digital risks
DUBAI, UAE – A powerful confluence of more than 500 experts and 150 cybersecurity leaders has converged in Dubai for...
- The meeting will inform and drive collaborative solutions to shared challenges.
- This year’s meetings will provide much-needed space to navigate uncertainty, decode emerging trends and strengthen resilience.
Business
Multiply Group buys stake in ISEM
Multiply Group will hold 60.8% of ISEM.
- Peninsula Capital and minority investors will own the remaining 39.2 percent.
- The deal represents an expansion into packaging by Multiply Group, establishing the Group’s fifth consumer-focused vertical.
Business
Ajman records $808 million in real estate transactions in September
Ajman, UAE -- Real estate transactions in Ajman reached AED 2.97 billion in September, achieving a remarkable growth of 53...
- The number of real estate transactions during September reached 1,739, while the number of real estate tradings reached 1,393, with a total value exceeding AED1.87 billion.
- A total of 241 mortgage transactions were registered, with a total value exceeding AED474 million.
Business
Tech leaders unite to propel future-critical sectors at GITEX GLOBAL 2025
Dubai, UAE: With capabilities of AI advancing every year, its potential to address challenges once thought unsolvable is rapidly expanding,...
- The event brings together the world’s most advanced AI and tech enterprises and leaders from 180 countries, from 13-17 Oct at Dubai World Trade Centre.
- Expand North Star celebrates its 10th edition from 12-15 October at Dubai Harbour.
Geostrategy
US unveils 21-point peace proposal: Israel to withdraw from Gaza, Hamas to disarm
While the plan offers several concessions to Palestinians, it also carries provisions favorable to Israel — including Hamas’ demilitarisation and...
- The proposal marks a significant shift in Washington’s approach as earlier this year, President Donald Trump had floated the idea of relocating Gaza’s population permanently
- The new framework, however, calls for Gazans to remain in the Strip and outlines a conditional pathway toward eventual statehood
Business
Dubai Integrated Economic Zones posts record $91 billion trade in 2024
Dubai, UAE – The Dubai Integrated Economic Zones Authority (DIEZ) recorded its highest-ever trade performance in 2024, with total trade...
- The Authority’s zones handled 444,300 tons of goods last year, with electronics and precious metals driving 94 percent of overall trade.
- Dubai’s overall non-oil trade also reached record levels in 2024, with DIEZ contributing its largest-ever share.
Economy
Red Sea Global opens Shura island with three world-class resorts accessible to all
Tabuk, Saudi Arabia - Red Sea Global announced the opening of the first resorts and attractions on Shura Island, which...
- Shura Island takes its natural dolphin-shaped form as the vibrant heart of the Red Sea destination
- Inspired by the surrounding coral reefs, the island's architecture and design merge seamlessly with nature
Business
Sharjah records 361 percent growth in capital investment in H1
Sharjah, UAE -- The Sharjah FDI Office (Invest in Sharjah) has announced an exceptional increase in foreign direct investment during...
- In this time period the emirate recorded 74 FDI projects, a 57 percent surge from the 47 projects in the same period last year.
- February 2025 saw the highest volume of FDI activity in terms of both project count and capital investment.
Business
ADCB to raise $1.66bn
The rights issue aimed at boosting growth.
- The rights issue will increase ADCB's issued capital from AED 7.32 billion to AED 7.91 billion by issuing up to 592.2 million new shares.
- The new shares will be priced at AED 10.3 each, a 30% discount to ADCB’s closing share price on September 4, 2025.
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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
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...
Geostrategy
Company News
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Iran, US hold indirect nuclear talks in Geneva amid rising military tensions
Iran’s Foreign Ministry spokesperson Esmail Baghaei described the negotiations as “very intensive” and said there were “constructive proposals” concerning both...
Geostrategy
India to US: 8 nations issue Middle East travel advisories amid Iran tensions
Several governments have urged their citizens to leave Iran immediately, while others are pulling non-essential embassy personnel from sensitive locations,...
Geostrategy
Middle East tensions rise as Iran eyes Chinese anti-ship missiles amid Trump warning
Negotiations between Tehran and Beijing began at least two years ago but gained momentum after a 12-day conflict between Israel...
Geostrategy
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Geostrategy
US-Iran talks set for Geneva amid military buildup
The renewed diplomacy comes as Washington has deployed two aircraft carriers, additional jets and ships, and reinforced air defenses across...
- A previous diplomatic effort was derailed last year by Israeli air strikes on Iran, triggering a 12-day conflict in June that briefly drew in US forces targeting Iranian facilities
- The security situation has led several countries — including Sweden, Serbia, Poland and Australia — to urge their citizens to leave Iran.
Geostrategy
Israel plans ‘Hexagon Alliance’ in Mediterranean, Middle East to counter hostile regional blocs
Speaking ahead of the weekly cabinet meeting, Netanyahu outlined a plan to establish what he called a “hexagon alliance system”...
- Netanyahu outlined a plan to form a “hexagon alliance” involving India, select Arab and African countries, Greece, the Greek Cypriot administration and unnamed Asian nations
- “In the vision I see before me, we will form a ‘hexagon alliance system’ around or within Middle East,” Netanyahu said, adding that further details would be shared in due course
Geostrategy
Arab Parliament, Muslim nations slam Huckabee’s Middle East remarks
Mohammed bin Ahmed Al Yamahi, Speaker of the Arab Parliament, stressed that any talk of control over the occupied Palestinian...
- The Palestinian Authority said on X that Huckabee's words "contradict US President Donald Trump's rejection of rejection of (Israel) annexing the West Bank".
- Saudi Arabia described the ambassador's words as "reckless" and "irresponsible", while Jordan said it was "an assault on the sovereignty of the countries of the region".