Saudi construction growth eases to four-month low in September
Saudi Arabia’s construction sector continued to expand in September, although growth slowed to its weakest pace in four months as...
Business
Foreign buyers, expats account for bulk of Abu Dhabi’s $19.2bn H1 home sales
Off-plan deals dominated residential activity, while rising prices, strong rental demand and significant future deliveries pointed to continued momentum across...
Business
Geostrategy
Meta tests AI-powered scam alerts on WhatsApp
Meta is testing an optional AI-powered scam alert feature on WhatsApp that warns users when conversations may involve fraud. The...
- The optional feature uses AI to identify conversations that could be linked to fraudulent schemes and warns users.
- Users can block contacts, report accounts, continue conversations or mark incorrectly flagged chats as trusted.
Geostrategy
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.
Geostrategy
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.
Geostrategy
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.
Geostrategy
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.
Opinion
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.
Business
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
Analysis
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.
Business
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.
Business
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.
Saudi construction growth eases to four-month low in September
Saudi Arabia’s construction sector continued to expand in September, although growth slowed to its weakest pace in four months as...
Business
Company News
Latest News
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...
Geostrategy
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,...
Geostrategy
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...
Geostrategy
Most Read
Business
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
Analysis
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.
Business
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.