Low-cost carrier Wizz Air to stop Abu Dhabi operations
Budapest, Hungary -- Hungarian low-cost airline Wizz Air said Monday that it would end its Abu Dhabi operations, which have struggled to turn a profit in the conflict-hit region. The airline will exit its Abu Dhabi hub starting from September. The seventh biggest European airlines in terms of daily flights...
Trump hosts Netanyahu in push for Gaza deal, says Hamas too willing to end the conflict
Netanyahu's third visit since Trump's return to power comes at a crucial time, with the US president hoping to capitalize on the momentum from a recent truce between Israel and Iran.Conflicts and related fatalities triple since 2000, fueling extreme poverty: WB
Washington, United States -- Conflicts and related fatalities have more than tripled since the early 2000s, fueling extreme poverty, the World Bank said Friday. Economies in fragile and conflict-affected regions have become "the epicenter of global poverty and food insecurity, a situation increasingly shaped by the frequency and intensity of...Oil prices spike after US strikes on Iran nuclear sites
Economists at MUFG warned of "high uncertainty of the outcomes and duration of this war", giving a "scenario analysis" of an oil price increase of $10 per barrel.Turkey says Israel leading Middle East to ‘total disaster’
Iran and Israel have been at war for nine days after Israel, claiming the Islamic republic was on the brink of acquiring a nuclear weapon, launched a massive wave of strikes on its arch-rival, triggering an immediate response from TehranHow travel brands can target high-intent travelers in the MEA region
As tourism booms across the Middle East and Africa, travel brands face fierce competition. Success now means using data-driven, personalized marketing to reach high-intent, mobile-first travelers at every stage—before, during, and after their journeys.Iran says hypersonic missiles fired at Israel as Trump demands ‘unconditional surrender’
Despite international alarm, neither side has backed off from the long-range blitz that began Friday, when Israel launched an unprecedented bombing campaign targeting Iranian nuclear and military facilities.Oil prices jump after Trump’s warning, stocks extend gains
Oil prices rallied Tuesday after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out war as Israel and Iran continued to pound each other with missiles.Iran calls Israeli strikes ‘declaration of war’ amid international calls for restraint
Trump warns Tehran that the "next planned attacks" will be "even more brutal" and said Iran should cut a deal to roll back its nuclear program "before there is nothing left".A hospitality trailblazer talks resilience in a shifting global landscape
Duncan O’Rourke, CEO, Premium, Midscale, and Economy Division for Middle East, Africa and Asia Pacific at Accor, spells out the Group's motto of "pioneering the art of responsible hospitality, connecting cultures with heartfelt care."From Iran Talks to Dubai Metro: Key Middle East Developments You Need to Know on June 10, 2025
Key developments across the Middle East today highlight regional diplomatic, economic and humanitarian trendsMiddle East tourism projected to reach $350 billion by 2030: ATM report
Dubai, UAE – The Middle East’s tourism sector is poised for unprecedented expansion, with a new report predicting a 50 percent surge in travel spending by 2030, reaching nearly $350 billion. The ATM Travel Trends Report 2025, compiled by Tourism Economics for Arabian Travel Market (ATM), highlights the region’s rapid...Dubai Airport tops air connectivity ranking for Asia-Pacific and Middle East
Dubai, UAE - Dubai International Airport (DXB) has once again secured the top spot in the Airports Council International’s (ACI) 2024 Air Connectivity Ranking for the Asia-Pacific and Middle East region. Paul Griffiths, CEO of Dubai Airports, hailed the recognition as a testament to the airport’s strategic importance in global...Oil prices jump on report of Israel prepping Iran strike
Both main crude contracts jumped around one percent after CNN reported multiple US officials as saying the government had received intelligence indicating Israel was preparing to target Iranian atomic facilities.No Israel stop for Trump on Mideast tour shows shifting ties
Jerusalem, Undefined -- US President Donald Trump's decision to skip over Israel in his Middle East tour was just the latest sign of a shifting dynamic between the historic allies. From nuclear talks with Iran, a ceasefire deal in Yemen and the announcement of lifting sanctions on Syria, Trump has...Trump heads to the Gulf eyeing deals amid diplomatic offensive
In the days before the trip, the White House has played an instrumental part in hammering out a ceasefire between India and Pakistan, the release of an American hostage in Gaza and holding another round of nuclear talks with Iran.Jordan hospital treats war casualties across Middle East
The hospital was established in 2006 to treat victims of the sectarian violence that erupted in Iraq in the aftermath of the US-led invasion, but has since expanded its mission.OPEC+ countries to open the oil taps despite price slump
Saudi Arabia, along with Russia and six other members of the oil cartel, will implement a production adjustment of 411,000 barrels a day out of the ground, as in May, according to a OPEC+ statement, whereas the initial plan called for an increase of just 137,000 barrels.Massive GCC infrastructure investments set stage for rising foreign equity: Franklin Templeton
The Franklin Templeton Emerging Markets Equity outlook emphasizes how GCC countries have reduced their dependence on oil and gas, opened their capital markets, and diversified their economies — all underpinned by strong fiscal positions that bolster investor confidence.Slower growth expected in MENA region in 2025: IMF
"Growth is still projected to increase in 2025 and 2026, but at a considerably slower pace than anticipated last October," the IMF said in its regional report.ATM 2025 to showcase 2,800 firms, 17 percent from Middle East
Dubai, UAE: The Arabian Travel Market, which will take place from Apr 28 to May 1 at the Dubai World Trade Centre, will bring together professionals and leaders from all travel sectors and verticals including leisure, business events (MICE), luxury and corporate travel sectors. At a press conference, RX Global,...F1 on Jeddah’s streets – talking points ahead of the Saudi Arabian GP
Jeddah, Saudi Arabia - This weekend's Saudi Arabian Grand Prix is the final leg of the first 'triple header' of the season. From Suzuka in Japan, to the desert of Bahrain, Formula One now pitches up on the shores of the Red Sea in Jeddah.AFP Sport looks at five talking...Iran says talks with US will remain ‘indirect’, to focus solely on nuclear issue, lifting sanctions
Analysts had said the US would push to include on the agenda discussions over Iran's ballistic missile programme, along with Tehran's support for the "axis of resistance" -- a network of militant groups opposed to Israel.Trump warns of military option; Iran threatens to end UN nuclear inspections before Oman talks
Last month, Trump sent a letter to Khamenei, who has the final say in matters of state in Iran, calling for direct negotiations but warning of military action if the diplomacy fails.Netanyahu meets Trump for tariff and Gaza talks
Israeli Prime Minister Benjamin Netanyahu met Donald Trump at the White House on Monday, becoming the first foreign leader to personally plead for a reprieve from stinging US tariffs that have shaken the world.Geopolitical tensions buffet markets, gold and oil prices climb
Gold and oil prices climbed on fears of escalating tensions in the Middle East after Israel launched its most intense strikes on Gaza since a ceasefire with Hamas took effect. Uncertainty ahead of a telephone call about Ukraine between Trump and Putin also helped boost the safe-haven metal.GCC healthcare: Transforming the region and impacting the world
PwC forecasts that AI could contribute US$320 billion to Middle Eastern economies by 2030, with healthcare predicted to see some of the largest gains relative to its current sizeMore than one million Syrians return to their homes: United Nations
Geneva, Switzerland -- More than one million people have returned to their homes in Syria after the overthrow of Bashar al-Assad, including 280,000 refugees who came back from abroad, the UN said on Tuesday.Assad was toppled in December in a rebel offensive, putting an end to his family's decades-long grip on...IMF projects 3.3% global growth for 2025, MENA to rebound to 3.6%
Dubai, UAE -- The International Monterey Fund (IMF) has projected global growth to remain at 3.3 percent this year and the next, before slowing to just above 3 percent over the next five years, well below the historical average.IMF Managing Director Kristalina Georgieva said that growth in the Middle East...Tech Mahindra’s Ram Ramachandran: MEA, India key to shaping future in multipolar world
Davos, Switzerland -- The Middle East, Africa, and India have an important role and influence in shaping the evolving world order and driving innovation, particularly in technology adoption and sustainable practices, said Ram Ramachandran, Senior VP India, Middle East, and Africa at Tech Mahindra, India’s leading provider of technology consulting and...‘Middle East is a promising area with a lot of initiatives going on in the UAE, Saudi Arabia’
Beyond AI, new technologies will leverage artificial intelligence to drive the next phase of the Fourth Industrial Revolution, Alphaeus Hanson, Chair of Jacksonville Global Shapers tells TRENDS in an interview.Trump’s second term begins: Highlights Middle East hostage return, promises diplomacy over conflict among top priorities
Trump vowed to be a “peacemaker and unifier,” citing the Israel-Hamas ceasefire and hostage release as key steps toward peace, drawing a standing ovation during his inauguration speech.UAE leads solar energy growth with strategic projects
Abu Dhabi, UAE - A new report highlighted the UAE's leadership in the regional solar energy sector, driven by initiatives like the Dubai Clean Energy Strategy 2050, targeting 75 percent clean energy by 2050, and Abu Dhabi Vision 2030, aiming for 30 percent renewable energy within five years.The "Solar Outlook...Dubai vs Doha: The Battle for Creator Economy Supremacy and Innovation in the Middle East
Dubai’s aggressive initiatives like the 1 Billion Followers Summit and specialized creator visas put it ahead in attracting global talent, whereas Doha’s $1 billion investment focuses more on arts and sports-driven content creation.Syria, Iran, Saudi Arabia, and Palestine test Washington’s strategy under Trump leadership
The Trump administration faces a Middle East shaped by shifting alliances, unresolved conflicts, and evolving regional priorities, demanding a measured strategy to balance stability, diplomacy, and U.S. interests.Pope calls for ‘arms to be silenced’ in Christmas appeal
Rome, Italy -- Pope Francis called Wednesday for "arms to be silenced" around the world in his Christmas address, appealing for peace in the Middle East, Ukraine and Sudan as he denounced the "extremely grave" humanitarian situation in Gaza.He used his traditional message to the world's 1.4 billion Catholics to call...Post-Assad Syria seeks peace; Erdogan pushes anti-terror agenda, US warns on Kurdish conflict
Barbara Leaf, Washington's top diplomat for the Middle East, told Syria's new leader Ahmed al-Sharaa of the "critical need to ensure terrorist groups cannot pose a threat inside of Syria or externally, including to the US and our partners in the region."Assad’s fall reshapes Middle East politics, redefining power dynamics across the region
The Islamist Hayat Tahrir al-Sham rebels shocked the world by swiftly seizing Aleppo and Damascus, overshadowing global focus on the Gaza war and Israel's strikes on Hezbollah in Lebanon.B-52 bombers arrive in Middle East: US military
Washington, United States -- American B-52 bombers have arrived in the Middle East, the US military said Saturday, a day after Washington announced their deployment in a warning to Iran."B-52 Stratofortress strategic bombers from Minot Air Force Base's 5th Bomb Wing arrived in the US Central Command area of responsibility," the...Mideast at ‘most dangerous juncture’ in decades: UN official
The UN's special coordinator for Middle East peace warned that the region was at its "most dangerous juncture" in decadesUpdates: Israel targets key military sites in Iran amid escalating tensions in Middle East
Explosions sounded across Tehran after Israel’s airstrikes on Iranian military sites, raising fears of a broader conflict in the Middle East involving Iran and its allies in neighboring countries.WEF Dubai: UAE fosters global dialogue
The UAE has agile governance and it is not beholden to short-termism, Maroun Kairouz, Head of Regional Agenda for the MENA region at WEF, tells TRENDS.IMF predicts slightly slower global growth in 2024 and 2025
In its new World Economic Outlook (WEO) report, the International Monetary Fund also estimates that global inflation will continue to ease, hitting 5.8 percent this year, before falling to 4.3 percent in 2025. "We are seeing inflation moving in the right direction without a major slowdown in economic growth or...Oil-rich Iraqi Kurdistan votes, shadowed by economic struggles
The KDP is the largest party in the outgoing parliament, with 45 seats against 21 for the PUK. The KDP's majority was assured by an alliance with deputies elected via a quota reserved for Turkmen, Armenian and Christian minorities. Iraqi court rulings have reduced the number of seats in the Kurdish...Putin thanks UAE president for positive role in prisoner exchange with Ukraine
UAE President Sheikh Mohamed meets his Russian counterpart Vladimir Putin to discuss bilateral ties and Middle East. Sheikh Mohamed will also attend BRICS Summit in the Russian city of Kazan.Gold breaks above $2,700 to record high as geopolitical uncertainty heightens
Hong Kong, China - Gold prices hit a record high above $2,700 on Friday as traders piled into the safe-haven commodity at a time of heightened geopolitical uncertainty, including in the Middle East after Israel said it killed Hamas chief Yahya Sinwar.Bullion hit an all-time high of $2,704.89 in early Asian...Middle East crisis top-of-mind at first EU-Gulf summit in Brussels
Confirmed at the last minute, the presence of Saudi Arabia's Crown Prince among the six Gulf leaders in attendance heightened expectations. Trade, energy and climate change were all on the table, but Israel's conflicts in Gaza and Lebanon -- on which the two groups hold broadly converging views -- were...OPEC lowers 2024 oil demand forecast, citing robust non-OECD activity
According to the organization's October report, the total world oil demand is anticipated to reach 105.6 mb/d in 4Q-24, to average 104.1 mb/d in 2024, bolstered by strong air travel demand and road mobility, including trucking, as well as healthy industrial, construction and agricultural activities, primarily in non-OECD countries, added...WTO predicts modest trade growth for 2024-25 amid geopolitical risks
In 2024 and 2025, inflation is expected to gradually abate, allowing real incomes to grow again in advanced economies, boosting consumption of manufactured goods. “A recovery of demand for tradable goods in 2024 is already evident. This is related to an increase in household consumption linked to improved income prospects.,"...Israel continues to tear apart Gaza and parts of Lebanon; Hamas-Hezbollah alive and kicking
While Israel continues to attack Gaza and Lebanon, the situation is "very scary" in Gaza Strip according to a Red Cross official. Also, Lebanese government says it got assurances that Israel will not attack Beirut international airport.G7 says diplomatic solution is still possible in Middle East
Rome, Italy -- The G7 on Wednesday vowed to work together to reduce tensions in the Middle East and said a diplomatic solution to prevent widening conflict "is still possible".Italian Prime Minister Giorgia Meloni -- whose country holds the G7 presidency this year -- called a telephone meeting of the body...