Geostrategy

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

Israeli attacks kill 7 Palestinians in Gaza as France and Qatar call for two-state solution

Gaza's health ministry said Israeli attacks had killed 1,534 Palestinians and wounded 5,486 since the ceasefire began. Rescue teams had...
  • Qatar and France have reaffirmed their support for a two-state solution and called for the implementation of the Gaza ceasefire.
  • Israeli air strikes and explosions were reported across southern Lebanon, while Israeli forces continued demolitions in towns and villages near the border.

IRGC announces shift to ‘offensive and asymmetrical’ doctrine in case of attack

Iranian Foreign Minister Abbas Araghchi, meanwhile, has said Tehran is prepared to give diplomacy another chance if Washington provides evidence...
  • Iran says it will retain enriched uranium, while Washington demands verifiable limits on nuclear capabilities and enrichment capacity.
  • Saudi attacks kill three, prompt US departure orders, while oil rises and Qatar signs defense pact with partners.

Rubio warns Iran peace deal remains extremely difficult

Tehran conditions Hormuz reopening on concessions; Pakistan chief renews Tehran mediation efforts; US rules out strikes before midterms; Oil climbs...
  • Pakistan’s army chief Asim Munir met Iranian leaders in Tehran, seeking mediation as both sides maintain opposing demands.
  • Brent crude hit $110 as Hormuz tensions and shipping attacks renewed fears about global energy supplies.

Trump threatens Iran with economic and military pressure as Tehran weighs retaliation

Trump intensifies pressure on Iran; IRGC claims US drone downed; Tehran threatens regional targets and cables; Russia offers nuclear cooperation;...
  • Iran claims it downed a US drone over Hormuz, while threatening undersea cables and retaliation against regional allies.
  • Yemen’s Houthi attack kills 58 recruits, as government forces report strikes and oil prices ease after Russian sanctions waivers.

Iran says Israel pushing US towards renewed war as Gulf tensions mount

UAE and Saudi defense ministers meet; Oil prices fall after sanctions waiver; Tanker catches fire after Hormuz mine; Houthis report...
  • Oil prices continued to decline in Asian trading on Monday after US President Donald Trump waived planned sanctions related to Russia.
  • The Islamic Revolutionary Guard Corps said an oil tanker caught fire after hitting a sea mine in the Strait of Hormuz.

Attack on Yemen presidential palace kills 5 as Saudi-Houthi hostilities escalate sharply

Saudi Arabia calls Houthi attacks on civilian, economic and airport facilities “full-fledged war crimes”; Trump says he would not use...
  • Saudi Arabia deploys defensive measures as France sends military assets to protect energy infrastructure amid escalating Houthi attacks.
  • US sanctions target 16 individuals and 10 entities as Hormuz shipping faces severe threats from continued Iranian military activity.

MENA could unlock $1 trillion value by 2030

“The opportunity for MENA is significant, and the value will come from execution,” said Wissam Yassine, partner and Middle East...
  • A survey found that 89% of respondents considered AI to have high or very high potential to advance their organisations' environmental, social and governance goals.
  • However, only 40% to 55% of respondents, depending on the use case, said their sustainable AI adoption had reached the pilot or scaled stage.

Gulf economies may not recover to pre-war levels soon as shock will hit many sectors, IMF warns

The IMF projects the Middle East and Central Asia region will contract 0.3 percent in 2026, reflecting its exposure to...
  • Developing countries face rising debt costs and shrinking fiscal room as energy shocks, food inflation and climate risks threaten poverty reduction efforts, UNDP says.
  • IMF chief Kristalina Georgieva has also warned that attacks targeting Saudi Arabia could have repercussions far beyond the region.

Trump says Iran war will ‘end very soon’ as Yemen hostilities escalate and Hormuz attacks rise

Iran's Ghalibaf warns Washington cannot be trusted, saying Tehran must prepare for renewed fighting even as negotiations continue between the...
  • Attacks on shipping through Hormuz threaten oil flows, while Chinese refiners secure Saudi crude and Houthis escalate strikes on Saudi targets.
  • Meanwhile, Israeli strikes killed four people in Gaza on Wednesday, Palestinian officials said, days after the anniversary of the declaration of a US-mediated ceasefire.

UAE has agent control tower for better oversight, audit of AI agents: Al Olama

Speaking at a session titled "Trust Test for Agentic AI" at the World Economic Forum's Annual Meeting of Global Future...
  • Mark-Alexandre Doumba, Gabon's Minister of Digital Economy, said the institutions are evolving more slowly than AI agents, but eventually people will trust them.
  • The UAE government plans to move 50% of government services, sectors, and operations toward autonomous AI systems within the next two years.

Netanyahu bloc leads but Israel election leaves parliament deadlocked

Partial results leave Netanyahu short of a majority, with Arab-led parties gaining seats and coalition talks set to determine Israel’s...

Latest News

Israeli airstrike kills five Palestinians in West Bank

Palestinian medics said an air strike targeting a car in the occupied West Bank killed five people on Thursday, while...

Biden, Kadhemi meeting to focus on US troop withdrawal from Iraq

The White House talks between the two allies come just a week after a deadly attack claimed by the Islamic...

Bomb-laden drones hit Erbil airport in northern Iraq

The attack took place at around 1930 GMT but caused no injuries or major damage Since the start of the...

Rubio warns Iran peace deal remains extremely difficult

Tehran conditions Hormuz reopening on concessions; Pakistan chief renews Tehran mediation efforts; US rules out strikes before midterms; Oil climbs...

Trump threatens Iran with economic and military pressure as Tehran weighs retaliation

Trump intensifies pressure on Iran; IRGC claims US drone downed; Tehran threatens regional targets and cables; Russia offers nuclear cooperation;...

Iran says Israel pushing US towards renewed war as Gulf tensions mount

UAE and Saudi defense ministers meet; Oil prices fall after sanctions waiver; Tanker catches fire after Hormuz mine; Houthis report...

Most Read

MENA could unlock $1 trillion value by 2030

“The opportunity for MENA is significant, and the value will come from execution,” said Wissam Yassine, partner and Middle East...
  • A survey found that 89% of respondents considered AI to have high or very high potential to advance their organisations' environmental, social and governance goals.
  • However, only 40% to 55% of respondents, depending on the use case, said their sustainable AI adoption had reached the pilot or scaled stage.

Gulf economies may not recover to pre-war levels soon as shock will hit many sectors, IMF warns

The IMF projects the Middle East and Central Asia region will contract 0.3 percent in 2026, reflecting its exposure to...
  • Developing countries face rising debt costs and shrinking fiscal room as energy shocks, food inflation and climate risks threaten poverty reduction efforts, UNDP says.
  • IMF chief Kristalina Georgieva has also warned that attacks targeting Saudi Arabia could have repercussions far beyond the region.

Trump says Iran war will ‘end very soon’ as Yemen hostilities escalate and Hormuz attacks rise

Iran's Ghalibaf warns Washington cannot be trusted, saying Tehran must prepare for renewed fighting even as negotiations continue between the...
  • Attacks on shipping through Hormuz threaten oil flows, while Chinese refiners secure Saudi crude and Houthis escalate strikes on Saudi targets.
  • Meanwhile, Israeli strikes killed four people in Gaza on Wednesday, Palestinian officials said, days after the anniversary of the declaration of a US-mediated ceasefire.