Ocean economy’s value reaches US$ 2.6 trillion, supports around 133 million jobs: WTO
The ocean is both a vital natural asset and a major source of trade, food security and livelihoods, DG Okonjo-Iweala...
Economy
Trump warns Iran war will end soon as tensions mount across Gulf
Doha talks target Hormuz reopening; IRGC says two tankers catch fire after hitting mines in Hormuz; seven injured in Saudi-led...
Geostrategy
Economy
Gulf economies may not recover to pre-war levels soon as shock will hit many sectors, IMF warns
The IMF projects the Middle East and Central Asia region will contract 0.3 percent in 2026, reflecting its exposure to...
- Developing countries face rising debt costs and shrinking fiscal room as energy shocks, food inflation and climate risks threaten poverty reduction efforts, UNDP says.
- IMF chief Kristalina Georgieva has also warned that attacks targeting Saudi Arabia could have repercussions far beyond the region.
Geostrategy
Trump says Iran war will ‘end very soon’ as Yemen hostilities escalate and Hormuz attacks rise
Iran's Ghalibaf warns Washington cannot be trusted, saying Tehran must prepare for renewed fighting even as negotiations continue between the...
- Attacks on shipping through Hormuz threaten oil flows, while Chinese refiners secure Saudi crude and Houthis escalate strikes on Saudi targets.
- Meanwhile, Israeli strikes killed four people in Gaza on Wednesday, Palestinian officials said, days after the anniversary of the declaration of a US-mediated ceasefire.
World Economic Forum
UAE has agent control tower for better oversight, audit of AI agents: Al Olama
Speaking at a session titled "Trust Test for Agentic AI" at the World Economic Forum's Annual Meeting of Global Future...
- Mark-Alexandre Doumba, Gabon's Minister of Digital Economy, said the institutions are evolving more slowly than AI agents, but eventually people will trust them.
- The UAE government plans to move 50% of government services, sectors, and operations toward autonomous AI systems within the next two years.
Geostrategy
Houthis target Saudi Arabia as Aramco facility catches fire
Oman, Iran discuss regional tensions; Trump says Houthis acting at Iran's behest; Saudi forces intercept missiles, drones; Hormuz shipping attacks...
- Saudi Arabia says intercepted missiles and drones as debris injures four people in Riyadh and damages 15 homes.
- Houthi-led health ministry reports five deaths in various parts of Yemen.
Geostrategy
Trump says Houthis ‘misbehaving very badly’ as Saudi airport shutdown disrupts flights
Etihad Airways cancelled flights between Abu Dhabi and Riyadh until October 19, while services to Dammam were heavily disrupted. Qatar...
- A Houthi official warned Washington of a “swift and painful response” if the United States intervened further in Yemen’s war.
- Iran’s Revolutionary Guard said it struck a supertanker in the Strait of Hormuz, accusing it of ignoring warnings and disabling transponders.
Geostrategy
WEF to bring 500 global leaders to Dubai for inaugural meeting
Discussions will span artificial intelligence, jobs, geopolitical uncertainty, climate change and economic resilience, with UAE Minister Mohammad Al Gergawi and...
- More than 500 leaders, including 15 ministers and nearly 150 CEOs and chairs, will attend the October 13-15 meeting.
- - Sessions will explore agentic AI, global trade, economic resilience and climate challenges, alongside research on youth, sustainability and data-centre infrastructure.
Geostrategy
BP pulls out of Riyadh energy congress after airport attack
Saudi Arabia pressed ahead with its five-day energy gathering, signing cooperation agreements with Kuwait, Qatar and Egypt despite travel disruption...
- BP withdrew from the Riyadh energy congress after an airport missile attack killed 13 people and injured more than 300.
- Saudi Arabia signed energy cooperation agreements with Kuwait, Qatar and Egypt as the five-day conference proceeded despite travel disruption.
Geostrategy
Houthis attack Saudi airports again, killing Pakistani national and injuring 11 others
Tehran offers to help facilitate Riyadh-Houthis dialogue; Saudi business events to proceed despite attacks; US reinforces regional deployment as warnings...
- UKMTO confirmed a drone attack on a tanker off Oman; two Indian sailors remain missing, damage remains unknown.
- Iran says Washington accepted some conditions but its response remains inadequate; Tehran offers Saudi-Houthi mediation as US forces reinforce the region.
Geostrategy
Dubai launches new content creators programme
Dubai Press Club (DPC), in collaboration with the Dubai Department of Economy and Tourism (DET), has launched a new phase...
- Dubai Press Club and DET launched a two-week programme to develop creators’ tourism and economic storytelling skills.
- - Training covers artificial intelligence, digital publishing, audience engagement, tourism promotion standards and responsible representation of Dubai’s cultural diversity.
Geostrategy
12 killed, more than 300 injured in attack on King Khalid airport
It is the deadliest attack in a decade on the kingdom; Trump calls the attack 'terrible', says US may join...
- A tanker caught fire after being hit by an unidentified projectile in the Strait of Hormuz, while vessels near Ras Al Khaimah were told to leave anchorages.
- - US forces say they have redirected 135 commercial vessels and disabled four since July 14, as tensions over the Iran blockade intensify.
Ocean economy’s value reaches US$ 2.6 trillion, supports around 133 million jobs: WTO
The ocean is both a vital natural asset and a major source of trade, food security and livelihoods, DG Okonjo-Iweala...
Economy
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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...
Geostrategy
Hebron siege displaces thousands as Israeli forces kill several Palestinians in Gaza
Eight Palestinians were killed across the north, central areas and the southern city of Khan Younis. Four people were killed...
Geostrategy
Trump rules out immediate Iran strike as Tehran dismisses threats and Qatar pursues mediation
Qatari mediators visit Tehran amid renewed diplomatic efforts; Iran warns renewed US-Israeli attacks will change nothing; CENTCOM highlights shipping operations...
Geostrategy
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Geostrategy
Lana Nusseibeh enters race to become the next United Nations Secretary-General
Nusseibeh, 48, served as the UAE’s ambassador to the UN for over a decade (2013–2024), during which she chaired the...
- Costa Rica’s Rebeca Grynspan leads straw polls, but veto-bearing Security Council members oppose all current contenders.
- If selected by the General Assembly upon the Security Council's recommendation, Nusseibeh would become the first woman to lead the 80-year-old organization.
Geostrategy
Israeli attacks kill 7 Palestinians in Gaza as France and Qatar call for two-state solution
Gaza's health ministry said Israeli attacks had killed 1,534 Palestinians and wounded 5,486 since the ceasefire began. Rescue teams had...
- Qatar and France have reaffirmed their support for a two-state solution and called for the implementation of the Gaza ceasefire.
- Israeli air strikes and explosions were reported across southern Lebanon, while Israeli forces continued demolitions in towns and villages near the border.
Geostrategy
IRGC announces shift to ‘offensive and asymmetrical’ doctrine in case of attack
Iranian Foreign Minister Abbas Araghchi, meanwhile, has said Tehran is prepared to give diplomacy another chance if Washington provides evidence...
- Iran says it will retain enriched uranium, while Washington demands verifiable limits on nuclear capabilities and enrichment capacity.
- Saudi attacks kill three, prompt US departure orders, while oil rises and Qatar signs defense pact with partners.