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

US and Iran agree to halt strikes, pursue technical talks: Official

AFP quoted an American official as saying that the technical talks are slated to continue on all areas of the...
  • Hezbollah on Monday said it reserved the right to self-defence after several Israeli attacks on southern Lebanon despite a truce.
  • Lebanese Parliament Speaker and Hezbollah ally Nabih Berri also said the trilateral framework would not pass.

US and Iran trade strikes again, threatening fragile ceasefire

US Central Command said American fighter jets struck 10 Iranian military sites in and near the Strait of Hormuz, while...
  • Iran warned continued US attacks would collapse the Strait of Hormuz agreement and halt ongoing diplomatic negotiations immediately.
  • Netanyahu, meanwhile, said Lebanon's framework deal allows Israel to maintain a southern security zone until Hezbollah is fully disarmed permanently.

Iran claims retaliation against US as Hezbollah protests Israel-Lebanon agreement

Tehran warned of broader retaliation if attacked again as Washington defended its military action, while unrest spread to Beirut after...
  • Hezbollah supporters blocked Beirut roads and burned tyres protesting the US-backed Israel-Lebanon framework agreement announced in Washington.
  • Hezbollah was not involved in the negotiations and has previously rejected calls for nationwide disarmament.

IAEA prepares to inspect Iran nuclear sites as US, Gulf states back Tehran accord

In Israel, Prime Minister Benjamin Netanyahu and Defence Minister Israel Katz said Israeli forces would remain indefinitely in what they...
  • Wall Street Journal reported that the Pentagon is reviewing its military posture in the Middle East following recent Iranian strikes on U.S. facilities in the Gulf.
  • U.S. Secretary of State Marco Rubio and Gulf Cooperation Council foreign ministers reaffirmed their backing for the U.S.-Iran agreement following a meeting on Thursday.

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...
  • More than 1,800 leaders from over 90 countries attended the World Economic Forum gathering in Dalian.
  • Discussions centred on AI adoption, industrial transformation and translating innovation into measurable economic outcomes.

Marco Rubio : ‘We’re going to be completely aligned with our partners in the Gulf’

He said that technical talks between the United States and Iran are expected to resume in Switzerland on June 29...
  • Oil markets have responded positively to the easing tensions, with Brent crude falling below $75 a barrel this week.
  • ⁠Natural ​gas demand will ​start returning during the third quarter, Gas Exporting Countries ​Forum Secretary General Philip ‌Mshelbila said.

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.

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.

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.

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.

Iran says US is not serious about negotiations as Gulf tensions rise

Saudi Arabia, Pakistan and Turkiye join Tehran talks; Gulf shipping risks mount; Houthi attacks heighten Saudi security concerns; oil prices...

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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...

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...

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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.