GCC asset management reaches $2.7 trillion as retail growth outpaces institutions
Boston Consulting Group says regional asset managers must strengthen distribution capabilities and technology adoption as industry competition intensifies globally.
Business
Summer Davos: WEF urges scaling innovation into growth and jobs
Dubai, UAE -- Global political and business leaders called for faster adoption of emerging technologies and closer international cooperation to...
Geostrategy
Geostrategy
Rubio meets UAE president as US-Iran technical talks set to resume next week
Rubio and Sheikh Mohamed reviewed strategic cooperation between the UAE and the US and discussed regional developments, with particular focus...
- The announcement comes as diplomatic activity intensifies across the region following the U.S.-Iran accord.
- Brent crude fell below $75 a barrel on Wednesday for the first time since the conflict began earlier this year.
Geostrategy
Oman opens temporary Hormuz shipping corridor as efforts intensify to restore maritime traffic
Muscat said the measure was intended to safeguard freedom of navigation in accordance with international maritime law and without imposing...
- IMO says more than 11,000 seafarers stranded in Gulf region will be evacuated under phased operation.
- Iran rejects U.S. claims it agreed to renewed IAEA inspections at nuclear facilities damaged during war.
Geostrategy
UN inquiry says Israeli targeting of Palestinian children points to ‘genocidal intent’ in Gaza
The findings were published by the UN Independent International Commission of Inquiry, which said it had found evidence that Palestinian...
- The inquiry, established by the UN Human Rights Council in 2021, said at least 20,179 children had been killed and more than 44,000 injured in Gaza.
- The report also cited widespread trauma, displacement, starvation, family separation and the collapse of education and healthcare systems.
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.
Geostrategy
Iran says it will administer Hormuz as talks make progress on Lebanon security
Mediators Qatar and Pakistan announced the creation of a direct communication channel designed to reduce the risk of misunderstandings and...
- Tehran says Swiss negotiations produced progress on Lebanon, oil sanctions and access to frozen Iranian funds.
- U.S. and Iran establish direct channels aimed at reducing risks around Hormuz and enforcing Lebanon truce.
Geostrategy
Iran talks: Washington, Tehran agree mechanisms for Lebanon ceasefire, Hormuz security
Qatar and Pakistan, which mediated the negotiations at a lakeside resort in Switzerland, said in a joint statement that Washington...
- Iranian Foreign Minister Abbas Araghchi said on social media that "major progress" had been achieved toward ending the conflict in Lebanon.
- Iranian state media reported that sanctions relief, particularly measures affecting the country's oil industry, was also discussed during the Swiss meetings.
Geostrategy
Digital Dubai’s contribution lifts Dubai in global city brand rankings
DUBAI, June 22 — Digital Dubai contributed an estimated AED31 billion ($8.5 billion) to Dubai’s overall brand value, helping the...
- The study said Digital Dubai accounted for a significant share of Dubai’s nearly AED1 trillion place-brand value.
- It also played a key role in boosting the emirate’s standing in the City Brand Strength Index, where Dubai scored 86 out of 100.
Geostrategy
Dubai completes 30% of dedicated bus and taxi lanes expansion project
Dubai, UAE -- Dubai's Roads and Transport Authority (RTA) has completed 30% of a project to build 14.5 km of...
- The project will add 14.5 km of dedicated lanes across six major roads, lifting Dubai's total network to 20.6 km.
- RTA expects shorter travel times, improved service reliability and higher public transport ridership following completion.
Geostrategy
Vance hails ‘historic’ US-Iran talks as Trump warns Tehran over Lebanon ‘proxies’
US and Iranian negotiators opened talks in Switzerland amid renewed tensions over Lebanon, with both sides linking progress to regional...
- Trump threatens fresh strikes on Iran if Hezbollah attacks continue, raising pressure as negotiations enter a critical phase.
- Tehran says no final agreement is possible without a lasting Lebanon ceasefire and keeps Hormuz Strait closed.
Geostrategy
Trump threatens Hormuz tolls as Iran keeps strait closed ahead of Switzerland talks
The developments came ahead of technical talks between U.S. and Iranian officials expected in Switzerland as both sides seek to...
- Iran links renewed Hormuz closure to continued Israeli strikes in Lebanon and questions implementation of the interim accord.
- Lebanon's state news agency NNA said Israeli strikes killed at least 20 people on Saturday.
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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
GCC asset management reaches $2.7 trillion as retail growth outpaces institutions
Boston Consulting Group says regional asset managers must strengthen distribution capabilities and technology adoption as industry competition intensifies globally.
Business
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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...
UN inquiry says Israeli targeting of Palestinian children points to ‘genocidal intent’ in Gaza
The findings were published by the UN Independent International Commission of Inquiry, which said it had found evidence that Palestinian...
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...
Geostrategy
Iran says it will administer Hormuz as talks make progress on Lebanon security
Mediators Qatar and Pakistan announced the creation of a direct communication channel designed to reduce the risk of misunderstandings and...
Geostrategy
Most Read
Geostrategy
Digital Dubai’s contribution lifts Dubai in global city brand rankings
DUBAI, June 22 — Digital Dubai contributed an estimated AED31 billion ($8.5 billion) to Dubai’s overall brand value, helping the...
- The study said Digital Dubai accounted for a significant share of Dubai’s nearly AED1 trillion place-brand value.
- It also played a key role in boosting the emirate’s standing in the City Brand Strength Index, where Dubai scored 86 out of 100.
Geostrategy
Dubai completes 30% of dedicated bus and taxi lanes expansion project
Dubai, UAE -- Dubai's Roads and Transport Authority (RTA) has completed 30% of a project to build 14.5 km of...
- The project will add 14.5 km of dedicated lanes across six major roads, lifting Dubai's total network to 20.6 km.
- RTA expects shorter travel times, improved service reliability and higher public transport ridership following completion.
Geostrategy
Vance hails ‘historic’ US-Iran talks as Trump warns Tehran over Lebanon ‘proxies’
US and Iranian negotiators opened talks in Switzerland amid renewed tensions over Lebanon, with both sides linking progress to regional...
- Trump threatens fresh strikes on Iran if Hezbollah attacks continue, raising pressure as negotiations enter a critical phase.
- Tehran says no final agreement is possible without a lasting Lebanon ceasefire and keeps Hormuz Strait closed.