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
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....
Business
Geostrategy
Saudi Arabia Railways launches 5 new logistics routes
Riyadh, Saudi Arabia -- Saudi Arabia Railways (SAR) has launched five new logistics routes designed to enhance supply chain efficiency...
- These routes link Arabian Gulf ports with the Kingdom’s central and northern regions, extending to the Red Sea and northern neighboring countries.
- The initiative supports the National Transport and Logistics Strategy and Saudi Vision 2030 goals to establish the Kingdom as a global logistics hub.
Business
Dubai property market rises 31% to $68 billion in first quarter
Dubai, UAE -- Dubai’s real estate transactions rose 31 percent year-on-year to 252 billion dirhams ($68.6 billion) in the first...
- Figures from the Dubai Land Department showed 718,160 real estate procedures were recorded during the quarter.
- Luxury real estate transactions totaled 87.71 billion dirhams, up 26 percent, highlighting strong demand for high-end developments.
Geostrategy
The global price tag of war in the Middle East
The asymmetry at the heart of this war’s economic geography is stark. The US imports relatively little oil through Hormuz....
- The cascading economic fallout from the conflict in the Middle East is radiating well beyond the Gulf, reshaping markets and supply chains – potentially for years to come
- Asymmetric economic shocks disproportionately burden import-dependent Asian economies and vulnerable nations facing high inflation and debt
Business
Tasnee’s 2025 losses deepen
The petrochemicals' company's revenue also fell 17.7 percent.
- Despite the revenue decline, gross income edged up slightly to SAR 85.4 million, compared with SAR 84.5 million a year earlier.
- In the fourth quarter of 2025, Tasnee reported a net loss of SAR 2.04 billion, compared with a loss of SAR 97.7 million in the same period a year earlier.
Economy
‘Strait of Hormuz disruption could trigger long-term shift in global trade and energy flows’
Kelsey Goodman of the World Economic Forum discusses Strait of Hormuz disruptions, global trade risks, and how GCC economies can...
- Prolonged disruption in the Strait of Hormuz could accelerate supply-chain diversification and shift global trade routes, Kelsey Goodman tells TRENDS
- Despite short-term volatility, GCC economies remain well positioned to strengthen their role in logistics, finance and digital trade, she adds
Business
Supply chain attacks emerge as top cyber threat to businesses: Study
The study found that large enterprises are particularly vulnerable because of their extensive vendor networks.
- Global survey finds rising risks from third-party vendors as companies become more digitally interconnected
- The report found that about 31% of companies worldwide experienced a supply chain-related cyber incident during the past year
Economy
AWS outage in Gulf raises reliability concerns as services remain disrupted over a week after strikes
Cloud services operated by Amazon Web Services (AWS) in the Gulf region continue to face disruptions more than a week...
- Facilities operated by AWS, the cloud division of Amazon, in the United Arab Emirates and Bahrain were hit during the beginning of the US-Israel and Iran conflict
- Industry experts say such incidents demonstrate that cloud infrastructure, despite its digital nature, ultimately depends on physical facilities vulnerable to real-world risks
Business
TECOM shareholders approve $229 million cash dividend for 2025
Dubai, UAE - TECOM Group PJSC shareholders approved the financial statements for the year ended 31st December 2025 and endorsed...
- This brings the total cash dividends for 2025 to AED840 million, marking a new level of dividend distribution for the Group
- Shareholders also approved the updated dividend policy for the financial year 2026, which suggests an aggregate cash dividend of AED880 million
Geostrategy
105 missiles, 176 drones destroyed since start of Iranian attack: Bahrain
The Bahrain Defence Force General Command (BDF) announced that its air defence systems have continued to successfully intercept successive waves...
- Since the onset of hostilities, BDF forces have intercepted and destroyed 105 ballistic missiles and 176 unmanned aerial vehicles
- The General Command further stated that the targeting of civilian sites constitutes a clear violation of international humanitarian law
Science
Chrome vulnerability allowed extensions to hijack Gemini panel, researchers say
According to researchers, the vulnerability allowed attackers to tap into the browser environment and potentially access files on a user’s...
- The flaw, tracked as CVE-2026-0628, was found in Google’s implementation of the Gemini feature integrated into Chrome
- According to researchers, the vulnerability allowed attackers to tap into the browser environment and potentially access files on a user’s local operating system
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
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
Company News
Latest News
The global price tag of war in the Middle East
The asymmetry at the heart of this war’s economic geography is stark. The US imports relatively little oil through Hormuz....
Geostrategy
‘Strait of Hormuz disruption could trigger long-term shift in global trade and energy flows’
Kelsey Goodman of the World Economic Forum discusses Strait of Hormuz disruptions, global trade risks, and how GCC economies can...
Economy
Most Read
Economy
AWS outage in Gulf raises reliability concerns as services remain disrupted over a week after strikes
Cloud services operated by Amazon Web Services (AWS) in the Gulf region continue to face disruptions more than a week...
- Facilities operated by AWS, the cloud division of Amazon, in the United Arab Emirates and Bahrain were hit during the beginning of the US-Israel and Iran conflict
- Industry experts say such incidents demonstrate that cloud infrastructure, despite its digital nature, ultimately depends on physical facilities vulnerable to real-world risks
Business
TECOM shareholders approve $229 million cash dividend for 2025
Dubai, UAE - TECOM Group PJSC shareholders approved the financial statements for the year ended 31st December 2025 and endorsed...
- This brings the total cash dividends for 2025 to AED840 million, marking a new level of dividend distribution for the Group
- Shareholders also approved the updated dividend policy for the financial year 2026, which suggests an aggregate cash dividend of AED880 million
Geostrategy
105 missiles, 176 drones destroyed since start of Iranian attack: Bahrain
The Bahrain Defence Force General Command (BDF) announced that its air defence systems have continued to successfully intercept successive waves...
- Since the onset of hostilities, BDF forces have intercepted and destroyed 105 ballistic missiles and 176 unmanned aerial vehicles
- The General Command further stated that the targeting of civilian sites constitutes a clear violation of international humanitarian law