Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

SIB profit up 9%

Higher income from financing and investment drive growth.

Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience
  • Much of the value is expected to come from new innovation beyond employee productivity, Bain & Company said in its...

    Hardware and semiconductor market capitalization grew 24% from 2020 to 2026, compared with 6% for software.

    Bain says AI has compressed cyberattacks to 18 hours, requiring changes across code, agent discovery, detection and governance.

  • The Conference Board’s gauge of confidence decreased 6.7 points to 81.9 after a downward revision to the prior month, data...

    Consumers pointed to higher costs for goods and services as the primary reason for the decline.

    The average price for a gallon (3.78 litres) of petrol has jumped 37 cents over the past month.

  • The decision comes before OpenAI’s annual developer conference, where the company is expected to face scrutiny over AI safety.

    Researchers linked to OpenAI previously investigated agents communicating independently before hundreds subsequently attacked software startup Hugging Face.

    The decision comes amid wider calls within the AI industry for greater caution in developing frontier models.

  • The United Nations Conference on Trade and Development (UNCTAD) 92% of its economic establishments damaged or destroyed and more than...

    Gaza's GDP per capita stood at just $212 in 2025, equivalent to about $0.58 per person per day in GDP terms and only 17% of its 2022 level.

    Unemployment reached 78%, while more than 90% of the working-age population was without employment.

  • 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.

  • World Economic Forum survey finds improving global outlook, but tighter fiscal space, geopolitical risks, AI investment uncertainty and living costs...

    Chief economists see resilience shifting from spending toward supply chains, technology and energy adaptation as fiscal support fades.

    AI adoption is expected to accelerate while data-centre expansion raise electricity and water prices and face community resistance.

  • The first generation of enterprise generative AI largely answered questions, summarised documents and produced content. A human usually remained responsible...

    AI agents are gaining autonomy across enterprises, making clearly defined authority, permissions and accountability essential for responsible deployment.

    Saudi Arabia’s early adoption of agentic workflows gives organisations an opportunity to shape governance models for autonomous enterprise systems.

  • Saudi Arabia's Ministry of Human Resources and Social Development (HRSD), in partnership with the Ministry of Municipalities and Housing (MOMAH),...

    The decision covers private-sector establishments employing at least three workers in targeted project management professions.

    Support includes recruitment, training, qualification, job retention and priority access to Saudization programs for covered employers.

  • SpaceX launched two Falcon 9 rockets from opposite US coasts just 38 minutes apart on Saturday, setting a new launch...

    Two Falcon 9 rockets launched from Florida and California, carrying Globalstar satellites and a classified US Space Force mission.

    Globalstar's eight satellites were successfully deployed, while the second rocket carried the classified USSF-366 mission.

  • The the UAE Economic Graph Report 2026 by LinkedIn and the Ministry of Foreign Trade says real estate led hiring...

    Real estate led sectoral hiring growth, while education, construction, healthcare and logistics also exceeded national hiring averages.

    Female representation in leadership rose to 21.9 percent in 2025, from 18.8 percent a decade earlier.