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,...
Geostrategy
US slaps fresh sanctions on China-linked firms over Iran missile program
The United States on Friday announced a fresh round of sanctions targeting people and companies in China, Hong Kong, Belarus,...
Geostrategy
Geostrategy
Israel approves major West Bank settlement project, sparks international outcry
Israel has long had ambitions to build on the roughly 12-square-kilometre parcel known as E1 just east of Jerusalem, but...
- Critics say the settlement would effectively cut the West Bank in two, undermining hopes for a contiguous Palestinian state with east Jerusalem as its capital.
- UN chief Antonio Guterres warned last week that constructing Israeli homes in the E1 area would "put an end to" hopes for a two-state solution to the Israeli-Palestinian conflict.
Economy
Gross national income of GCC countries hits $2.143 trillion
Muscat, Oman -- The latest data released by the Statistical Centre for the Cooperation Council for the Arab Countries of...
- The value of disposable national income (available for consumption and savings after deducting taxes and other transfers) amounted to US$1.989 trillion.
- The data indicate that the contribution of the non-oil sector to the GCC’s Gross Domestic Product (GDP) at current prices rose to 71.5 percent by the end of 2023.
Business
TAQA H1 net income $1bn
The group's revenue reached $7.73 billion.
- This growth was led by higher pass-through costs in the Transmission & Distribution (T&D) segment.
- The group reduced its gross debt position to AED61.7 billion, enabled by scheduled repayments and the maturity of a corporate bond.
Economy
Dubai GDP grows by 4 percent to reach $32.58 billion in first quarter of 2025
Human Health and Social Work activities registered the highest growth rate, rising 26 percent compared to the same period last...
- Real Estate activities grew by 7.8 percent, while financial and insurance activities expanded by 5.9 percent.
- Accommodation and food service activities recorded a 3.4 percent increase, and transport and storage rose by 2 percent.
Business
Hospitality leaders to gather in Dubai for Commercial Strategy Conference
Dubai, UAE -- The region's top hospitality professionals will converge at the Conrad Dubai Hotel on November 25-26, 2025, for...
- The eighth annual conference will showcase the industry's brightest minds and future leaders.
- Attendees can fast-track professional development with pre-conference certification courses and networking.
Business
Neo Space Group launches Saudi Arabia’s first earth observation marketplace
Riyadh, Saudi Arabia -- Neo Space Group (NSG), a Public Investment Fund (PIF) company, has announced the launch of the...
- NSG stated that the EO Marketplace will bring together a growing network of EO data providers and value-added service providers offering advanced geospatial analytics
- The platform is built to empower public sector agencies, Saudi companies, and international users by offering a wide range of high-resolution satellite imagery
Business
24 Dubai real-estate projects worth $1.22bn completed in H1
Dubai, UAE -- The first half of 2025 saw the completion of 24 real estate projects valued at AED 4.5...
- This momentum is part of a wider growth trajectory, with 726 projects currently under construction across the emirate.
- Dubai’s real estate market registered 90,337 new real estate units during the first half of the year.
Business
Borouge Q2 net profit $193m
The H1 revenue stood at $2.72 billion.
- Adjusted EBITDA for the second quarter was $440 million.
- The company has proposed an increased minimum interim dividend of 8.1 fils per share for H1.
Business
Saudi Arabia’s real GDP up by 3.9 percent in Q2 2025: GASTAT
Riyadh, Saudi Arabia -- Saudi Arabia's real Gross Domestic Product (GDP) grew by 3.9 percent in the second quarter of...
- Flash estimates of GDP for Q2 say non-oil activities recorded the highest growth at 4.7 percent.
- The estimates, released by GASTAT, said oil activities grew by 3.8 percent and government activities at 0.6 percent.
Business
ADNOC Drilling H1 revenue $2.37bn
The company posted a net profit of $692m.
- The company's Board of Directors approved the $217 million (approx. 5 fils per share) second quarterly dividend for 2025.
- The dividends are expected to be paid in the second half of August 2025 to all shareholders of record as of 8th August 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
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,...
Geostrategy
Company News
Latest News
Web Summit Qatar 2026 in Doha draws 30,000 participants, global tech leaders
The summit features a high-profile lineup of speakers, including Canva co-founder Cliff Obrecht, IBM Chief Impact Officer Justina Nixon-Saintil, Twitch...
The GCC must deploy its ‘strategic advantages’ to lead the transition
The models that once governed aid, CSR, employment, and economic engagement are shifting, and the GCC has an opportunity to...
Opinion
How Sensodyne’s 5th Sense is turning oral care into experience
Haleon delivers better everyday health with humanity, as Sensodyne drives trusted innovation through The 5th Sense, Murtaza Mahfouz tells TRENDS
Most Read
Geostrategy
Who has been invited to be on Trump’s Gaza boards?
The White House said there would be a main board, chaired by Trump himself, a Palestinian committee of technocrats meant...
- BOARD OF PEACE - The White House says this body will focus on issues such as "governance capacity-building, regional relations, reconstruction, investment attraction.
- NATIONAL COMMITTEE FOR THE ADMINISTRATION OF GAZA - This body, made up of technocrats, will "oversee the restoration of core public services, the rebuilding of civil institutions.
Economy
Global economy set for “sturdy growth” in 2026, MENA growth to outpace global economy
The Middle East and North Africa region is expected to outperform the global economy in 2026, with GDP projected to...
- Goldman Sachs Research has projected that the world economy will expand faster than widely expected next year, saying its economists expect sturdy global growth of 2.8%
- The Middle East and North Africa region is expected to outperform the global economy in 2026, with GDP projected to grow by 3.6% year on year compared to global growth of 3.1%
Economy
MENA emerges as fast-growing global e-trading hub, UAE leads with over half-trillion dollars in volume
The Middle East and North Africa (MENA) region is rapidly becoming one of the world’s most dynamic retail e-trading markets,...
- The study, Trading’s New Horizon: How Access, Innovation and Ambition Are Fuelling MENA’s E-Trading Boom, draws on two years of data from 62,850 verified traders across the region
- The report notes that MENA traders are young, digitally savvy and highly educated, and nearly 86% are aged 18–44, and 64% hold a university degree—far higher than Europe’s 39%