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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.

Saudi, Turkey, Pakistan forge defence pact as regional tensions deepen

The agreement comes as Gulf states seek closer defence coordination following months of conflict with Iran that disrupted shipping through...
  • Houthi attacks, Strait of Hormuz tensions and stalled Lebanon talks underscore widening regional security risks despite diplomatic efforts.
  • US President Donald Trump said he believed the war with Iran would end soon.

UN warns Gaza remains unsafe for civilians

''Humanitarians report that a sixth-grade student was hit by a bullet and injured in a tented classroom. The child was...
  • OCHA stressed that under international humanitarian law, civilians and civilian infrastructure must be protected and should not be targeted. Learning spaces must remain safe.
  • Israeli authorities demolished parts of a school in the Masafer Yatta area of southern Hebron, where more than 1,000 Palestinian residents are under pressure to leave.

Trump says fresh negotiations with Iran to begin after calling off strikes

Trump said his decision was shaped by appeals from Gulf allies, particularly Saudi Arabia, Qatar and the United Arab Emirates,...
  • Oil prices tumbled as war fears eased, while shipping disruptions persisted around Hormuz.
  • Meanwhile, Israeli strikes killed at least 18 Palestinians in Gaza since Friday despite Trump's Board of Peace announcements.

Trump imposes tariffs on 60 countries over forced labor concerns

The new tariffs, ranging from 10 percent to 12.5 percent, will take effect as temporary 10 percent worldwide tariffs imposed...
  • The tariffs, which are paid by U.S. importers, could increase costs for businesses and consumers ahead of November's midterm elections.
  • The International Labour Organization estimates that about 27.6 million people worldwide were in forced labor on any given day in 2021.

The value imperative: leading growth forward

Companies should act now by strengthening financial resilience, embracing AI, diversifying supply chains and remaining lean. Waiting for stability is...
  • Gulf companies increasingly see business transformation as a continuous capability rather than a one-off project, strengthening long-term resilience.
  • Leaders should build financial resilience, AI capabilities and diversified supply chains to sustain growth amid persistent global disruption.

Tabadul trading value reaches $3.68 billion in H1 2026

Abu Dhabi, UAE -- Tabadul, the regional cross-border trading and market connectivity platform, recorded a record trading value of AED13.5...
  • Tabadul connects markets with a combined market capitalization exceeding US$1 trillion.
  • The milestone reflects growing investor demand for access to regional markets, rising participation by brokerage firms and increased investor activity

Dubai property market cools speculation but retains underlying strength

After a record-breaking 2025, the Emirate’s market has found a new level and a new temperament., writes Charles Philion, founder...
  • Secondary market activity shrank as purchasers pursued genuine discounts, signalling greater selectivity and tougher negotiations across communities.
  • Rising construction costs are emerging as the key risk, potentially affecting project timelines and developer profitability.

Miral, Warner Bros announce two new DC attractions for Yas Island

Dubai, UAE -- Miral and Warner Bros. Discovery Global Experiences have announced two new DC-themed attractions for Warner Bros. World...
  • Kryptonite Collider opens in July with a centrifuge-style experience inspired by Lex Luthor's Everyman Project.
  • Superman Up and Away, a next-generation flying roller coaster, is targeted for completion in 2028.

Gulf sovereign funds line up for landmark SpaceX listing

Saudi Arabia's Public Investment Fund and Kuwait Investment Authority have each submitted orders worth between $1 billion and $5 billion....
  • The offering would value the company at about $1.75 trillion, making it the largest IPO ever and placing it among the world's most valuable listed companies.
  • If the valuation is achieved, Musk's net worth could exceed $1 trillion, making him the world's first trillionaire. The company is expected to begin trading under the ticker SPCX.

Iran floats 30-day roadmap to end conflict; Trump signals scepticism

Iran has put forward a fresh 14-point proposal to the United States, calling for a resolution of tensions within 30...
  • The proposal comes as a counter to a previously reported nine-point framework from the US and seeks to move beyond the current ceasefire toward a more permanent settlement
  • The fragile truce between Iran and Israel, brokered with US involvement, has held for now, but Washington has already rejected an earlier Iranian attempt to end the war

UAE deploys AI agents at scale, Dataiku study finds

the research shows that 62% of UAE CIOs estimate that more than 50 AI agents are actively running in production...

Latest News

Trump says fresh negotiations with Iran to begin after calling off strikes

Trump said his decision was shaped by appeals from Gulf allies, particularly Saudi Arabia, Qatar and the United Arab Emirates,...

Trump imposes tariffs on 60 countries over forced labor concerns

The new tariffs, ranging from 10 percent to 12.5 percent, will take effect as temporary 10 percent worldwide tariffs imposed...

The value imperative: leading growth forward

Companies should act now by strengthening financial resilience, embracing AI, diversifying supply chains and remaining lean. Waiting for stability is...

Most Read

Dubai property market cools speculation but retains underlying strength

After a record-breaking 2025, the Emirate’s market has found a new level and a new temperament., writes Charles Philion, founder...
  • Secondary market activity shrank as purchasers pursued genuine discounts, signalling greater selectivity and tougher negotiations across communities.
  • Rising construction costs are emerging as the key risk, potentially affecting project timelines and developer profitability.

Miral, Warner Bros announce two new DC attractions for Yas Island

Dubai, UAE -- Miral and Warner Bros. Discovery Global Experiences have announced two new DC-themed attractions for Warner Bros. World...
  • Kryptonite Collider opens in July with a centrifuge-style experience inspired by Lex Luthor's Everyman Project.
  • Superman Up and Away, a next-generation flying roller coaster, is targeted for completion in 2028.

Gulf sovereign funds line up for landmark SpaceX listing

Saudi Arabia's Public Investment Fund and Kuwait Investment Authority have each submitted orders worth between $1 billion and $5 billion....
  • The offering would value the company at about $1.75 trillion, making it the largest IPO ever and placing it among the world's most valuable listed companies.
  • If the valuation is achieved, Musk's net worth could exceed $1 trillion, making him the world's first trillionaire. The company is expected to begin trading under the ticker SPCX.