Geostrategy

Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Saudi Arabia, UAE climb WEF Tourism Index despite Middle East conflict disruption

Saudi Arabia jumps 17 places since 2019 on workforce reform and Vision 2030 investment, while the UAE tops the world...
  • Saudi women now hold 47% of tourism jobs, up from just 5% in 2018, WEF's index shows.
  • Middle East aviation traffic fell 46.6% year-on-year in April 2026 after the regional conflict escalated sharply.

Turkey, Saudi Arabia and Pakistan plan emergency military talks over Houthi attacks

UAE suspends Iranian airline flights, joining regional countries restricting carriers as US sanctions intensify pressure on Tehran’s aviation sector and...
  • Iranian President Masoud Pezeshkian has told US media that Tehran remains willing to pursue an agreement with Washington through negotiations.
  • British Foreign Secretary Ed Miliband also met Araghchi on the sidelines of the UN General Assembly.

Pezeshkian says Iran won’t surrender, but remains open to negotiations

Speaking at the United Nations General Assembly in New York, Pezeshkian delivered a defiant response a day after US President...
  • Oil prices edged lower after Iran signalled that it remained open to diplomacy.
  • New US aviation sanctions have disrupted Iranian air travel, with airlines and neighbouring countries cutting services to Iranian carriers.

Trump hails productive Iran talks as Tehran says conditions conveyed to US through Qatar

Iran seeks end to the war on all fronts, a halt to “acts of aggression”, an end to the naval...
  • Hormuz traffic remains sharply below its 10-day average, while Saudi loading activity rises following disruption to its East-West pipeline.
  • US prosecutors are investigating Binance over possible violations of US sanctions on Iran and trading activity on its platform.

IRGC says US, Israel must withdraw as Iran war strains economy

Iran’s GDP shrank 10.1% year-on-year between March 21 and June 20, according to the Statistical Center of Iran, covering the...
  • US envoy Mike Waltz says Trump remains open to talks if Iran returns to negotiations in good faith.
  • Iraq says Hormuz restrictions have cost it $60 billion since war began, including 60 percent of export revenue.

Sheikh Ahmed bin Rashid Al Maktoum passes away, 10-day mourning declared

His brother, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, mourned his death on social media, writing: “You...
  • He was closely associated with Al Wasl Sports Club for decades and was part of a group of young men who helped establish the organization in a small house in Zabeel in 1960.
  • He also served as Deputy Chairman of Dubai Police and Group Chairman of ARM Holding, a UAE-based private investment firm.

Iran warns US, regional states of retaliation ‘without limitations’ if attacked

The warning came as US President Donald Trump said he was considering three options for dealing with Tehran — reaching...
  • Hormuz shipping remains sharply below pre-war levels as oil prices ease on hopes that diplomacy could reduce tensions.
  • Before the war, around 125 large commercial vessels passed through the waterway each day.

Iran sets seven conditions for talks as Turkey pushes proposals

“Tehran's message is clear and unambiguous; if Washington wants to escape the quagmire it has created for itself and avoid...
  • Turkish Foreign Minister Hakan Fidan said Turkey and other countries had proposed new conditions to the United States and Iran aimed at ending the war.
  • Iranian Foreign Ministry spokesman Esmaeil Baghaei said Tehran would not abandon its right to attend the United Nations General Assembly.

Iran war cost Arab economies $150bn in the first month alone, UN official says

Meanwhile, Trump says: “Do I want to go in and annihilate them, or do I not? It’s a big decision....
  • Shipping through Hormuz remains sharply reduced. Preliminary data showed only four cargo ships crossed the Strait on Thursday.
  • In Yemen, Houthi leader Abdel-Malik al-Houthi accused Saudi Arabia of using Mecca for political and military goals and said current battlefield actions were defensive.

Mohamed bin Zayed Water Initiative, WEF sign water partnership

The Mohamed bin Zayed Water Initiative and the World Economic Forum have signed a partnership to accelerate water innovation and...
  • The two-year partnership aims to connect water innovations with financing, policy support, markets and partnerships needed for wider deployment.
  • The organisations will convene government, business, finance and civil society leaders while sharing expertise to accelerate water innovation globally.

Trump says Iran war could end soon as his top cabinet members meet at Camp David

Houthi attacks in Taiz have reignited Yemen’s conflict, while Saudi-backed forces and Houthis fought near a waterway crucial to global...

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...

Pezeshkian says Iran won’t surrender, but remains open to negotiations

Speaking at the United Nations General Assembly in New York, Pezeshkian delivered a defiant response a day after US President...

Trump hails productive Iran talks as Tehran says conditions conveyed to US through Qatar

Iran seeks end to the war on all fronts, a halt to “acts of aggression”, an end to the naval...

IRGC says US, Israel must withdraw as Iran war strains economy

Iran’s GDP shrank 10.1% year-on-year between March 21 and June 20, according to the Statistical Center of Iran, covering the...

Most Read

Iran warns US, regional states of retaliation ‘without limitations’ if attacked

The warning came as US President Donald Trump said he was considering three options for dealing with Tehran — reaching...
  • Hormuz shipping remains sharply below pre-war levels as oil prices ease on hopes that diplomacy could reduce tensions.
  • Before the war, around 125 large commercial vessels passed through the waterway each day.

Iran sets seven conditions for talks as Turkey pushes proposals

“Tehran's message is clear and unambiguous; if Washington wants to escape the quagmire it has created for itself and avoid...
  • Turkish Foreign Minister Hakan Fidan said Turkey and other countries had proposed new conditions to the United States and Iran aimed at ending the war.
  • Iranian Foreign Ministry spokesman Esmaeil Baghaei said Tehran would not abandon its right to attend the United Nations General Assembly.

Iran war cost Arab economies $150bn in the first month alone, UN official says

Meanwhile, Trump says: “Do I want to go in and annihilate them, or do I not? It’s a big decision....
  • Shipping through Hormuz remains sharply reduced. Preliminary data showed only four cargo ships crossed the Strait on Thursday.
  • In Yemen, Houthi leader Abdel-Malik al-Houthi accused Saudi Arabia of using Mecca for political and military goals and said current battlefield actions were defensive.