Geostrategy

Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

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

Funeral prayers offered for Khamenei, family members amid cries for revenge

The prayers were attended by President Masoud Pezeshkian, senior military commanders and members of Khamenei's family, although his successor, Mojtaba...
  • The funeral programme will continue with a mass procession through Tehran on Monday before ceremonies in other cities.
  • Tehran’s metro network has registered more than 7 million passenger trips from 5:30pm (14:00 GMT) on Saturday to 7am (03:30 GMT) on Sunday.

Mourners stream into Tehran for Khamenei farewell amid calls for ‘revenge’

The funeral of Iran's assassinated supreme leader has drawn mourners and foreign delegations from more than 100 countries, with Tehran...
  • Red flags symbolising demands for revenge were prominently displayed during the funeral ceremony.
  • More than 5,000 schools have been opened to accommodate pilgrims travelling to Tehran for the funeral.

Adani, Abu Dhabi’s IRH to invest $11.5bn in Odisha aluminum project

Dubai, UAE -- Adani Enterprises and Abu Dhabi-based International Resources Holding (IRH), an IHC Group company, have agreed to establish...
  • The integrated complex will include an alumina refinery, aluminium smelter, captive power plant and downstream manufacturing park.
  • The investment is expected to create 53,500 jobs and become India's largest foreign investment in the metallurgy sector.

Iran begins funeral ceremonies for Khamenei as Tehran prepares for massive show of unity

Millions are expected to gather in the Iranian capital over the coming days, with senior regional leaders attending ceremonies that...
  • New IRGC chief Ahmad Vahidi makes his first public appearance since before the war.
  • Officials estimate that between 15 million and 20 million people could participate in the ceremonies across Tehran.

Iran warns US, Israel against attacks as Khamenei funeral preparations begin

The warning came as US-Iran diplomacy remained on track after Doha talks. Iran's deputy foreign minister said the Doha negotiations...
  • Trump says Iran's denuclearisation effort is "moving along well" after indirect Doha talks showed positive progress.
  • Tehran schedules nationwide funeral ceremonies through July 9 as foreign leaders prepare to attend Khamenei's state funeral.

Doha negotiators agree hotline as Trump says US-Iran talks progressing

Technical negotiators focused on implementing the ceasefire framework, sanctions relief and Hormuz arrangements despite lingering regional security tensions.
  • Iran and the United States agreed to establish a hotline for reporting ceasefire violations following technical implementation talks in Doha.
  • Negotiators discussed sanctions relief, frozen assets and Hormuz arrangements while regional security risks continued despite diplomatic progress.

Trump says Iran denuclearization ‘moving along well’ as Doha talks continue

Technical negotiations continue over shipping, sanctions and ceasefire implementation as mediators work to translate the June accord into practice.
  • Iran warns it will respond immediately to any threat as Israeli rhetoric raises tensions despite ongoing diplomacy.
  • Shipping and aviation authorities maintain heightened security measures around Hormuz amid concerns the ceasefire remains fragile.

US, Iran continue indirect contact in Doha as officials trade barbs over talks

The envoys' presence follows US President Donald Trump's announcement on Monday that Iran had requested a meeting in the Qatari...
  • South Korea's Oceans Ministry said the HMM-operated bulk carrier Namu, damaged in a May attack in the Strait of Hormuz, will exit the strait in late July.
  • Democratic Representative Rashida Tlaib said she would support a bill to block roughly $3.3bn in military aid to Israel.

Iran demands MoU implementation before US talks in Doha

Trump said US envoys were travelling to Qatar for what he described as a "perhaps important, perhaps not" meeting, adding...
  • Strait of Hormuz dispute remains major obstacle as Tehran demands sanctions relief and asset releases before broader negotiations begin.
  • Brent crude, the primary international benchmark, has dipped with investors eyeing potential US-Iran talks in Doha.

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.
  • Retail assets outpaced institutional growth, highlighting accelerating demand despite institutional investors continuing to dominate regional assets under management.
  • BCG says distribution capabilities, AI adoption and technology investment will increasingly determine competitive advantage for regional asset managers.

Pezeshkian says Middle East can resolve its conflicts without American intervention

Iranian president says good gas and energy deals reached at Moscow; Trump says Iran war can end anytime; Tehran accuses...

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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...

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...

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...

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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.