UAE Cabinet approves $79.6 billion three-year budget, setting $24.5 billion for 2027
Social development and pensions take the largest share at 38.4 percent, followed by government affairs at 32.3 percent, as the...
Economy
Google launches Project Suncatcher satellite to test solar-powered AI computing in space
Google has launched the first prototype satellite for Project Suncatcher, its research initiative exploring the potential for solar-powered artificial intelligence...
Geostrategy
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.
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.
Economy
UAE Central Bank to hold rate after Fed pause amid regional tensions
Fed Chair Jerome Powell signalled a cautious approach, noting that elevated energy prices and geopolitical tensions could complicate the inflation...
- The CBUAE said it would also maintain the rate applicable to short-term borrowing at 50 basis points above the Base Rate for all standing credit facilities.
- Central Banks of GCC countries --Kuwait remains a partial exception-- typically adjust their policy rates in lockstep with the Fed, as their currencies being pegged to the dollar.
Geostrategy
Financial frauds cost global economy over $442bn in 2025: INTERPOL
AI-enhanced fraud is 4.5 times more profitable than traditional methods. “Agentic AI” systems can autonomously plan and execute complete fraud...
- However, the report also found that law enforcement authorities are collaborating more effectively.
- Since 2024, the number of fraud-related Notices and Diffusions has increased by 54 percent.
Geostrategy
G7 ministers consider oil reserves as markets face volatility
In a statement following a virtual meeting with International Energy Agency (IEA) Executive Director Fatih Birol, the ministers said they...
- They added that proactive measures—including the possible use of strategic oil reserves—remain under consideration as part of efforts to stabilize global energy markets.
- The ministers said coordination is ongoing among G7 members as well as with IEA member states and other partners.
Economy
Middle East conflict: Trade tensions rise as oil jumps and tariffs shake markets
Several ports suspended operations in the Middle East after drone strikes. DP World said operations at Jebel Ali port in...
- DP World said operations at Jebel Ali port in Dubai, one of the world's busiest container ports, had been suspended due to a fire after "aerial interception"
- The direct impact is most acute for energy‑importing economies in Europe and Asia, and a prolonged closure could feed through into higher inflation
Opinion
The shift from innovative to native: Unlocking where real AI value lies
There are, of course, technical hurdles to overcome, too, one of which is modernizing legacy systems. Many enterprises still operate...
Interview
MEA market decision-making cycle is fast but risk-averse: Ralph Melis
The Middle East and Africa (MEA) markets are characterized by rapid growth, high owner influence, diverse operator models, and a...
- The real shift is that AI becomes the interface. Users no longer need technical knowledge or experience navigating complex systems.
- They simply prompt their way forward—asking natural-language questions and receiving accurate comparisons, recommendations, and insights instantly.
Interview
Dubai moves from importing innovation to exporting it, says Future Solutions Head
Dubai’s innovation ecosystem is entering a new phase, argues Amer Abdulraoof, Head of Dubai Future Solutions – Prototypes for Humanity,...
- Dubai Future Solutions connects student innovators with government, industry and investors, offering year-round support until technologies are validated and ready for funding.
- The program evaluates submissions based on global impact, depth of academic research, and effective use of technology to address social or environmental challenges.
Economy
Wealthy Asians consider shifting assets from Dubai amid Iran war fears: report
Some wealthy Asian investors are considering moving assets out of Dubai following Iranian missile and drone attacks on the city,...
- Dubai has in recent years become a preferred wealth hub for entrepreneurs and affluent families in Asia, particularly from China
- The total assets of the UAE’s banking and financial sector exceeded 5.42 trillion dirhams ($1.48 trillion), according to the country’s central bank
UAE Cabinet approves $79.6 billion three-year budget, setting $24.5 billion for 2027
Social development and pensions take the largest share at 38.4 percent, followed by government affairs at 32.3 percent, as the...
Economy
Company News
Latest News
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...
Opinion
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...
Economy
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...
Research
Most Read
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 -- 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.
Geostrategy
AI to cancer vaccines: Emerging technologies edge closer to large-scale adoption
World Economic Forum's Top 10 Emerging Technologies Report 2026, developed alongside the Dubai Future Foundation, has identified 10 technologies that...
- Advances in healthcare, energy and manufacturing increasingly depend on infrastructure, deployment capacity, regulation and public adoption.
- Among the technologies identified are everything-to-grid energy systems, direct lithium extraction and precision fermentation.

