Among the several factors that contributed to the volatility is the limited share float. Only around 4.2% of total shares were made available during the IPO, amplifying price movements and increasing sensitivity to shifts in investor sentiment.

UAE and Middle East investors remain supported by stable oil markets, easing geopolitical risk premiums and strong liquidity, the bank said in its latest outlook.

Dubai, UAE -- Saudi Arabia's tourism authority has launched a digital platform bringing together travel offers and tourism packages from more than 50 private-sector partners as part of its summer tourism campaign. The platform, launched under the slogan "Offers Now and Later", is designed to attract visitors from within the...

Domestic travel helped sustain Saudi Arabia's tourism sector in the first quarter, with total visitor numbers rising to 37.2 million and hotel performance strengthening in key religious destinations.

Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel by 0026 GMT, while U.S. West Texas Intermediate crude gained 33 cents, or 0.46%, to $74.19 a barrel.

New economic licences issued in Abu Dhabi rose 21% in the first quarter of 2026 from a year earlier, reflecting continued growth in business activity across the emirate, the Abu Dhabi Registration Authority (ADRA) said on Monday. ADRA, the business regulation arm of the Abu Dhabi Department of Economic Development,...

Dubai, UAE -- Saudi Arabia reduced its holdings of U.S. Treasury securities by $9.5 billion in April to $140.1 billion, according to U.S. Treasury data, as the kingdom trimmed short-term debt holdings while retaining its position as the world's 17th-largest foreign holder of U.S. government debt. The decline followed a...

The growth was driven primarily by domestic travel, which reached 93.3 million tourists, up 8.3% from 2024, while inbound visitor numbers declined 1.6% to 29.3 million.

Dubai, UAE -- AD Ports Group has launched an integrated logistics service linking the UAE's Khalifa Port with Iraq's Umm Qasr Port, as the state-backed operator seeks to strengthen regional trade corridors and expand connectivity across the Gulf and Levant. The new service includes a direct weekly shipping route between...

The emirate was ranked in the #41-50 category globally, improving from the #51-60 range a year earlier and marking one of its strongest advances in the annual rankings.

The U.S. Dollar Index fell to 99.53, giving back part of the gains it had recently recorded on safe-haven demand. The euro was little changed at $1.1611, while sterling traded at $1.3430.

The slowdown was most pronounced in Riyadh, where transaction volumes and values dropped 82% from a year earlier. Activity also weakened in Jeddah, the Dammam Metropolitan Area, Makkah and Madinah.

Dubai, UAE -- Etihad Airways is entering its largest summer season on record, operating more than 300 flights a day as the Abu Dhabi carrier expands capacity and launches new destinations amid strong travel demand. The airline said summer capacity has increased 10% from a year earlier, supported by a...

Dubai, UAE -- Dubai plans to award strategic contracts worth more than AED55 billion ($15 billion) for the expansion of Al Maktoum International Airport over the coming months, as construction advances on what is set to become the world's largest aviation hub. The projects form part of the airport's long-term...

Dubai, UAE -- Omar Matar Al Mannaei, chief executive officer and chief marketing officer of Emirates Auction, has been named among Forbes Middle East’s “Middle East’s Most Influential Chief Marketing Officers 2026”, the company said on Sunday. The recognition honours Al Mannaei’s role in driving Emirates Auction’s digital transformation strategy...

After a record-breaking 2025, the Emirate’s market has found a new level and a new temperament., writes Charles Philion, founder Pure Value.

The 344-meters-long QC-Max vessel, being built by Hudong-Zhonghua Shipbuilding, is designed for a major Qatari LNG expansion project.

Dubai, UAE -- Gold prices fell on Friday and were headed for a weekly loss, while major U.S. stock indexes rose as investors awaited SpaceX's market debut. Spot gold fell 0.5% to $4,191.17 an ounce by 0252 GMT and was on track for a weekly decline of 3.2%. U.S. gold...

Dubai, UAE -- Miral and Warner Bros. Discovery Global Experiences have announced two new DC-themed attractions for Warner Bros. World Abu Dhabi, expanding the indoor theme park's entertainment offering on Yas Island. The additions, Kryptonite Collider and Superman Up and Away, represent the latest phase of investment in the attraction...

Organizations creating the most value from AI are not necessarily those deploying the most technology. Instead, they are redesigning workflows, modernizing operating models and preparing employees for new ways of working.

Saudi Arabia's Public Investment Fund and Kuwait Investment Authority have each submitted orders worth between $1 billion and $5 billion. The $580 billion Qatar Investment Authority is also likely to make a significant commitment, media reports said.

Foreign Minister Abbas Araghchi condemned the U.S. attacks and warned that Iran's armed forces would leave "no attack or threat unanswered", while urging foreign militaries to withdraw from the region.

Dubai, UAE -- Dubai Islamic Bank (DIB) has priced a $1 billion Additional Tier 1 (AT1) perpetual sukuk after attracting more than $2.3 billion in investor orders, underscoring demand for Gulf bank debt despite heightened geopolitical tensions across the Middle East. The UAE's largest Islamic lender priced the non-call six-year...

The tech giant invested nearly $59.2bn in 2025.

Five destinations in first phase of operations.

Dubai, UAE -- Alef Group has launched Linar, a AED4 billion ($1.08bn) waterfront residential development in Sharjah, marking the company's first project with direct coastal access as competition intensifies among UAE developers to meet housing demand. The project, located in Al Mamzar near the Dubai border, comprises five residential towers...

Visa's latest Stay Secure study also highlighted the rapid rise of social commerce, with 69% of UAE consumers reporting purchases made directly through social media platforms.

The expansion marks an early test of Saudi Arabia's ambition to build Riyadh into a major international aviation hub.

The company did not disclose the size or timing of the offering, saying only that preparations remained at an early stage and that some objectives were easier to pursue as a privately held company.

Dubai, UAE -- The UAE's travel sector has strengthened its defences against email fraud ahead of the peak summer booking season, although more than half of the country's leading travel websites still lack the highest level of protection against phishing attacks, cybersecurity company Proofpoint said. A study by Proofpoint found...

Dubai, UAE -- Dubai's integrated economic zones recorded their strongest-ever trade performance in 2025, with total trade rising 46% year-on-year to AED491 billion, underscoring the emirate's growing role as a global centre for non-oil commerce. The Dubai Integrated Economic Zones Authority (DIEZ) said the result marked its fifth consecutive year...

The finding place Qatar among the top ten countries globally for practical AI usage. Qatar's AI market reached approximately $59 million in 2026, nearly double the estimated $31 million recorded in 2022.

Dubai, UAE -- SpaceX has signed a multi-year cloud services agreement with Alphabet's Google, securing a major customer for its artificial intelligence computing business ahead of the company's expected U.S. stock market debut next week. Under the deal, Google will pay SpaceX $920 million per month from October 2026 through...

Dubai, UAE --- Global travel companies and tourism industry leaders expressed confidence in the UAE's tourism sector during the "Engage by Elevate online 2026" summit, citing the destination's resilience and continued appeal to international travellers. The hybrid event, organised by Elevate World and hosted from Dubai, brought together more than...

Oil markets were supported by expectations that ongoing talks between the United States and Iran could help secure energy flows through the Strait of Hormuz, a key route for global crude shipments.

The UAE Property Investment Index, conducted by U.S.-based Penta Group, found that 56% of global property investors expressed serious interest in investing in the UAE, placing it ahead of the United States at 54%, Britain at 41%, France at 28% and Spain at 27%.

Dubai, UAE -- OpenAI's ChatGPT surpassed 1 billion monthly active users in May, becoming the fastest application to reach the milestone, according to estimates from market intelligence firm Sensor Tower. The chatbot achieved the mark roughly three years after launch, outpacing the growth trajectories of major consumer platforms including Google...

Abu Dhabi, UAE -- Abu Dhabi-based technology group G42 and Spanish banking giant Santander have signed a memorandum of understanding to explore strategic cooperation in artificial intelligence, the companies said on Wednesday. The agreement establishes a framework for evaluating and developing joint AI initiatives, including AI-enabled advisory and savings solutions...

Dubai, UAE -- Organizations in the United Arab Emirates are moving faster than their global counterparts to adapt technology strategies to a more uncertain geopolitical environment, according to a KPMG report released on Wednesday. The KPMG UAE Tech Report 2026 found that 54% of UAE organizations plan to hire more...

CLI is Brazilian agri-bulk terminal operator.

Dubai, UAE -- Dubai's Roads and Transport Authority (RTA) generated AED5.3 billion ($1.44 billion) in revenue through digital channels in 2025, up 20.6% from a year earlier, as the use of online and mobile services continued to grow. The authority said digital transactions exceeded 628 million during the year, a...

A consortium will develop two districts in the Holy City.

Revenue passenger kilometers (RPK), the industry's measure of demand, declined 3.4% year-on-year, while available seat kilometers (ASK), a measure of capacity, fell 2.9%. The global load factor slipped 0.4 percentage points to 83.1%.

SpaceX’s planned initial public offering at a valuation of at least $1.8 trillion is emerging as a major test of investor appetite for artificial intelligence and technology stocks, as markets prepare for a potential wave of blockbuster listings. Formal marketing for the IPO is expected to begin next week, with...

Visa launched its global Agentic Ready program in the United Arab Emirates on Wednesday, expanding efforts to support artificial intelligence-driven commerce across the region. The launch forms part of a broader rollout across Central and Eastern Europe, the Middle East, and Africa, Visa said. The company said the Agentic Ready...

The UAE real estate market entered a more measured and mature phase in the first quarter of 2026 after the rapid expansion seen in 2025, according to a market report released by Colliers. The report said the market continues to be supported by strong fundamentals and ongoing infrastructure investment, while...

The $5.1 billion engineering complex targets advanced aircraft maintenance capabilities, sustainability benchmarks, and expanded aviation infrastructure. The facility is being delivered by China Railway Construction Corporation.

The partnership will raise a combination of equity and debt capital to target an investment portfolio that aims to generate attractive risk-adjusted returns underpinned by a healthy cash yield.

A new Dataiku study shows UAE CEOs increasingly view AI performance, governance and accountability as defining measures of leadership success.

 Mubadala Investment Company and Tubacex Group have announced the full operational launch of their joint venture in Abu Dhabi, activating a regional manufacturing platform for advanced Oil Country Tubular Goods (OCTG) solutions.