UAE enterprises face AI governance gap as security risks mount
A new Microsoft, CPX and IDC study finds widespread AI security risks, unauthorized tool use and limited preparedness for autonomous...
Business
UAE economy grows 0.4% in first half as non-oil sectors expand
Non-oil activities accounted for 79.2% of the economy, led by trade, finance, construction and manufacturing, despite a second-quarter contraction amid...
Economy
Opinion
As AI joins the workforce, who gives it authority?
The first generation of enterprise generative AI largely answered questions, summarised documents and produced content. A human usually remained responsible...
- AI agents are gaining autonomy across enterprises, making clearly defined authority, permissions and accountability essential for responsible deployment.
- Saudi Arabia’s early adoption of agentic workflows gives organisations an opportunity to shape governance models for autonomous enterprise systems.
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.
Geostrategy
SpaceX launches two Falcon 9 rockets 38 minutes apart
SpaceX launched two Falcon 9 rockets from opposite US coasts just 38 minutes apart on Saturday, setting a new launch...
- Two Falcon 9 rockets launched from Florida and California, carrying Globalstar satellites and a classified US Space Force mission.
- Globalstar's eight satellites were successfully deployed, while the second rocket carried the classified USSF-366 mission.
Economy
UAE hiring rebound gains momentum as talent flows recover, report says
The the UAE Economic Graph Report 2026 by LinkedIn and the Ministry of Foreign Trade says real estate led hiring...
- Real estate led sectoral hiring growth, while education, construction, healthcare and logistics also exceeded national hiring averages.
- Female representation in leadership rose to 21.9 percent in 2025, from 18.8 percent a decade earlier.
Opinion
Cyber resilience is more than recovering from an attack
The question is no longer if an organization will experience a cyber incident. It is how well it will respond...
- Organizations increasingly adopt "assume breach" strategies, prioritizing detection, response and recovery alongside traditional preventive cybersecurity investments today.
- AI and automation accelerate threat detection and recovery, while boardrooms increasingly measure cybersecurity through business resilience outcomes instead.
Economy
UAE records solid first-quarter growth as non-oil sectors account for nearly 80% of GDP
Real GDP rose to $132.0 billion at constant prices in the January-March period, while non-oil GDP expanded 4.8 percent, increasing...
- Finance, construction and technology-led industries powered growth despite regional challenges, underscoring resilience of the diversified economy.
- Real estate activities grew 4.8 percent, public administration, defence and compulsory social security rose 4.5 percent, while wholesale and retail trade expanded 2.6 percent.
Research
Saudi mega-projects could generate 35% of power needs through on-site renewables
A BCG report says rooftop solar and decentralized renewable systems can lower electricity costs, reduce emissions and help developers meet...
- Study says early renewable integration avoids costly retrofits while improving long-term project returns through flexible financing options.
- Report highlights Saudi regulatory reforms and strong solar resources as key drivers accelerating renewable adoption across urban developments.
Business
Kuwait’s annual inflation rises 2.19 percent in June
Dubai, UAE -- Kuwait's consumer price index (CPI), a key measure of inflation, increased by 2.19% year-on-year at the end...
- The Central Statistical Bureau (CSB) said the annual inflation rate was mainly attributed to increases in the prices of food, healthcare, clothing and education.
- The food and beverages group recorded the highest annual increase, rising 5.55% compared with June 2025.
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.
Business
OpenAI limits release of new model after US government request
Dubai, UAE --Â ChatGPT developer OpenAI is restricting access to its latest artificial intelligence (AI) model at the request of...
- OpenAI launched a limited preview of its GPT-5.6 models after a request from the US government before wider release.
- The preview includes Sol, Terra and Luna models, initially available only to a small group of trusted partners.
UAE enterprises face AI governance gap as security risks mount
A new Microsoft, CPX and IDC study finds widespread AI security risks, unauthorized tool use and limited preparedness for autonomous...
Business
Company News
Latest News
US consumer confidence hits its lowest level since 2014 on higher cost of goods, services
The Conference Board’s gauge of confidence decreased 6.7 points to 81.9 after a downward revision to the prior month, data...
Economy
OpenAI halts GPT-6.1 Astra release over safety concerns
The decision comes before OpenAI’s annual developer conference, where the company is expected to face scrutiny over AI safety.
Business
UN says Gaza faces worst economic crisis, needs $71.5 billion for recovery
The United Nations Conference on Trade and Development (UNCTAD) 92% of its economic establishments damaged or destroyed and more than...
Geostrategy
Most Read
Expo 2020 DUBAI
Global economy stabilizes as fiscal room narrows, WEF says
World Economic Forum survey finds improving global outlook, but tighter fiscal space, geopolitical risks, AI investment uncertainty and living costs...
- Chief economists see resilience shifting from spending toward supply chains, technology and energy adaptation as fiscal support fades.
- AI adoption is expected to accelerate while data-centre expansion raise electricity and water prices and face community resistance.
Opinion
As AI joins the workforce, who gives it authority?
The first generation of enterprise generative AI largely answered questions, summarised documents and produced content. A human usually remained responsible...
- AI agents are gaining autonomy across enterprises, making clearly defined authority, permissions and accountability essential for responsible deployment.
- Saudi Arabia’s early adoption of agentic workflows gives organisations an opportunity to shape governance models for autonomous enterprise systems.
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.