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.

Trump warns Iran faces deal or ‘blow them up’

His warning comes as US Defense Secretary Pete Hegseth said American forces had “destroyed” Iran’s military and crippled its nuclear...
  • Britain says Iran may be linked to RAF Fairford plot, while Tehran rejects the allegation and US forces enforce maritime restrictions.
  • Meanwhile, US Central Command said its forces had redirected 125 commercial vessels as part of efforts to enforce compliance with the US naval blockade of Iranian ports.

Fatima El Mansouri appointed Morocco’s first woman prime minister

Fatima Ezzahra El Mansouri is the second woman to serve as prime minister in the Arab world after Najla Bouden’s...
  • El Mansouri, a 50-year-old urban planning minister and the mayor of Marrakesh, was tasked with forming a new government..
  • She entered local governance early, when she was elected mayor of Marrakesh in 2009, becoming the first woman to hold the city’s mayoralty.

Trump says war will end ‘very soon’, reiterates Iran Tehran will not have nuclear weapon

Saudi Crown Prince Mohammed bin Salman and UAE Vice President Sheikh Mansour bin Zayed Al Nahyan discuss regional developments in...
  • Oil prices rose on Wednesday after Trump denied he would be willing to ease sanctions on Iran, following a drop in the previous session driven by a recovery in Middle Eastern crude
  • Meanwhile, Iran’s Islamic Revolutionary Guard Corps issues an open letter to US voters ahead of the upcoming midterm elections, urging that the Trump administration must be changed

Iran, US remain at odds over Strait of Hormuz reopening, ending war

Iran’s army chief, General Amir Hatami, said the war with the United States was not over and that Tehran needed...
  • IRGC says it captured a US Remus 600 underwater vehicle in the Strait, amid escalating tensions over maritime access.
  • France says military assistance to Saudi Arabia remains defensive, as Houthi missile and drone attacks add another regional front.

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.

US tightens Iran sanctions and warns foreign banks of penalties

The United States has intensified economic pressure on Iran, warning foreign financial institutions that they could face sanctions for continuing...

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...

Trump says war will end ‘very soon’, reiterates Iran Tehran will not have nuclear weapon

Saudi Crown Prince Mohammed bin Salman and UAE Vice President Sheikh Mansour bin Zayed Al Nahyan discuss regional developments in...

Iran, US remain at odds over Strait of Hormuz reopening, ending war

Iran’s army chief, General Amir Hatami, said the war with the United States was not over and that Tehran needed...

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...

Most Read

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.