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

Google launches Project Suncatcher satellite to test solar-powered AI computing in space

Google has launched the first prototype satellite for Project Suncatcher, its research initiative exploring the potential for solar-powered artificial intelligence...
  • The satellite, built in partnership with Planet, was launched on Thursday from Vandenberg Space Force Base in California aboard SpaceX's Transporter-18 rideshare mission.
  • The experiment will test how Google's Tensor Processing Units (TPUs) withstand the physical stresses of spaceflight, radiation and extreme thermal conditions.

Yemen’s government forces strike Houthi targets in Sanaa, Saada

The strikes came hours after the Iran-backed Houthis claimed an attack on an oil facility near Riyadh, where journalists reported...
  • US Defense Secretary Pete Hegseth said the US blockade of the strait was “ironclad” and that President Donald Trump had “all the options he needs on the table”
  • Trump separately told reporters that Iran had “virtually given up any plans of a nuclear weapon.”

Trump threatens Iran again as US moves 2000 marines to Middle East

Trump said the current confrontation with Iran would end “very soon” and warned that Tehran “won’t be around very long”...
  • Oil prices rose as markets responded to reports of the additional U.S. military deployment and concerns about disruption to regional supplies.
  • Yemen's Armed Forces said there had been 20 air attacks against Houthi positions, movements and vehicles in Taiz.

Flydubai suspends Israel flights after emergency landing

Flight FZ1073 was carrying 174 people, most of them Israeli nationals, when a violent confrontation reportedly broke out in the...
  • Both pilots were taken to hospital in Saudi Arabia. The co-pilot was detained by Saudi authorities, who began investigating the incident. His motive has not been established.
  • Flydubai said an “altercation” had occurred in the cockpit and warned against premature speculation while authorities investigate the circumstances.

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.

Trump threatens to ‘destroy’ Iran as Tehran sends nuclear proposal to US

Iran has sent a nuclear proposal to the US through Qatari mediators, with Washington reviewing the offer as Tehran awaits...

Latest News

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...

Rubio warns Iran peace deal remains extremely difficult

Tehran conditions Hormuz reopening on concessions; Pakistan chief renews Tehran mediation efforts; US rules out strikes before midterms; Oil climbs...

Trump threatens Iran with economic and military pressure as Tehran weighs retaliation

Trump intensifies pressure on Iran; IRGC claims US drone downed; Tehran threatens regional targets and cables; Russia offers nuclear cooperation;...

Most Read

Attack on Yemen presidential palace kills 5 as Saudi-Houthi hostilities escalate sharply

Saudi Arabia calls Houthi attacks on civilian, economic and airport facilities “full-fledged war crimes”; Trump says he would not use...
  • Saudi Arabia deploys defensive measures as France sends military assets to protect energy infrastructure amid escalating Houthi attacks.
  • US sanctions target 16 individuals and 10 entities as Hormuz shipping faces severe threats from continued Iranian military activity.

MENA could unlock $1 trillion value by 2030

“The opportunity for MENA is significant, and the value will come from execution,” said Wissam Yassine, partner and Middle East...
  • A survey found that 89% of respondents considered AI to have high or very high potential to advance their organisations' environmental, social and governance goals.
  • However, only 40% to 55% of respondents, depending on the use case, said their sustainable AI adoption had reached the pilot or scaled stage.

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.