SPOTLIGHT

AI will soon choose what people buy says ecommerce trends report

Fri, 26 Jun 2026

AI could soon choose what we buy; sustainability has shifted from nice-to-have to non-negotiable; and second-hand shopping is rapidly becoming mainstream, according to new DHL eCommerce research.

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11,000 SEAFARERS STRANDED IN GULF

Cargo vessel attacked in Hormuz, IMO suspends escort of ships

Fri, 26 Jun 2026

The UN International Maritime Organization (IMO) has temporarily suspended its operation to escort and evacuate ships through the Strait of Hormuz after a cargo vessel came under attack, raising fresh concerns over maritime security despite a preliminary agreement aimed at ending the Iran conflict.

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WIDESPREAD DAMAGE

Venezuela quakes death toll rises as rescue teams race to find survivors

Fri, 26 Jun 2026

Rescue teams continued to search through the rubble of collapsed buildings across Venezuela on Thursday after two powerful earthquakes struck near the capital, Caracas, leaving at least 235 people dead and thousands injured.

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BIG INFRASTRUCTURE BOOST

Riyadh launches new phase of $2.6bn road development package

Thu, 25 Jun 2026

The Royal Commission for Riyadh City (RCRC) has unveiled a new phase of its SAR9.8 billion ($2.6 billion) Main and Ring Road Axes Development Programme involving the upgrade of 40km of major road corridors as well as the construction of key intersections, bridges and tunnels.

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MEGA 54m sq ft DEVELOPMENT

Foster + Partners unveils sustainable masterplan for new agricultural city in Oman

Thu, 25 Jun 2026

Foster + Partners has unveiled the detailed masterplan designs for the Al Najd Agricultural City at Dhofar, in collaboration with Omani consultancy Dar Al Handasah. Spanning 54 million sq ft, the City features shaded pedestrian routes as well as retail and leisure spaces for a projected population of 13,000 residents.

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Top This Week

Rubio moves to reassure Gulf allies over US-Iran deal during regional tour

Thu, 25 Jun 2026

US Secretary of State Marco Rubio sought to reassure Gulf allies on Wednesday that Washington's landmark agreement with Iran would not come at the expense of their security, as he met leaders in the United Arab Emirates and Kuwait during a regional tour aimed at easing concerns over the deal.

High casualties feared after powerful twin quakes strike Venezuela

Thu, 25 Jun 2026

High casualties are feared after two powerful earthquakes struck Venezuela's northern coast within less than a minute on Wednesday, collapsing buildings, damaging infrastructure and prompting the government to declare a state of emergency.

Saudi Properties starts accepting foreign real estate ownership applications

Wed, 24 Jun 2026

Saudi Arabia's Real Estate General Authority (REGA) has announced the opening of applications for foreign real estate ownership through its Saudi Properties portal. This is the official portal for the Foreign Real Estate Ownership Law, following its coming into force from January.

Ladun JV lands $639m Riyadh infrastructure development works deal

Wed, 24 Jun 2026

Ladun Investment Company said its joint venture with Al Ayuni Investment has been awarded SAR2.4 billion ($639 million) contracts for the infrastructure development works on key Al Qirawan, Al Narjis and Namar plots under the Real Estate Balance Program – Phase One in Riyadh.

Arcapita, Hines eye investments in GCC industrial, logistics real estate

Wed, 24 Jun 2026

Arcapita, the global alternative investment firm, has signed a partnership deal with Hines, one of the world’s largest real assets investment managers, to jointly explore the creation of an institutional-grade platform focused on industrial and logistics real estate assets across the Gulf region.

IMO to begin evacuation of 11,000 stranded seafarers in Hormuz

Wed, 24 Jun 2026

The International Maritime Organisation (IMO) has announced a plan to evacuate 11,000 seafarers stranded in the Strait of Hormuz. The operation would be conducted in co-ordination with Iran, Oman and US and all other stakeholders from the maritime industry.

AD Ports boosts majority stake in Global Feeder Shipping to 81pc

Wed, 24 Jun 2026

AD Ports Group has announced that it has acquired an additional 30% equity stake valued at AED1.1 billion ($300 million) in one of its most strategic assets, Global Feeder Shipping (GFS), the world’s fourth-largest container feeder shipping line by capacity, thus raising its holding to 81%.

US-Iran deal faces early strains as Rubio seeks to reassure Gulf allies

Wed, 24 Jun 2026

The fragile US-Iran peace agreement reached last week is already facing challenges as Washington and Tehran offer conflicting interpretations of key provisions, while US Secretary of State Marco Rubio begins a Middle East tour aimed at reassuring skeptical regional allies, said media reports.

Etihad Rail to launch inaugural passenger service from June 30

Tue, 23 Jun 2026

Etihad Rail, the developer and operator of the UAE's national railway network, is set to launch its first passenger service between Abu Dhabi and the northern emirate of Fujairah on June 30, thus marking a new chapter in the country’s infrastructure development.

Volvo CE delivers first A30 Electric for use at hydropower project

Fri, 26 Jun 2026

Volvo Construction Equipment (Volvo CE) has delivered the world’s first A30 Electric articulated haulers to LNS (Leonhard Nilsen & Sønner AS) for use on a Hafslund hydropower project, representing a significant advance in the electrification of heavy equipment.

Global utilities unite to tackle grid supply chain challenges

Fri, 26 Jun 2026

Global utilities and leading power sector equipment manufacturers have come together to lay out a series of steps to help ensure the global grid supply chains can keep pace with soaring demand.

UAE visa on arrival programme covers six more countries

Fri, 26 Jun 2026

The United Arab Emirates (UAE) has expanded its visa-on-arrival programme to include nationals of six countries and their accompanying family members.

Lockheed Martin wins $35bn THAAD procurement award

Fri, 26 Jun 2026

The US government has awarded Lockheed Martin a seven-year undefinitised contract action (UCA) for up to $35 billion to quadruple production of Terminal High Altitude Area Defense (THAAD) interceptors.

AI will soon choose what people buy says ecommerce trends report

Fri, 26 Jun 2026

AI could soon choose what we buy; sustainability has shifted from nice-to-have to non-negotiable; and second-hand shopping is rapidly becoming mainstream, according to new DHL eCommerce research.

Qiddiya breaks ground on landmark National Tennis Centre

Thu, 25 Jun 2026

Qiddiya Investment Company (QIC) has announced that work has begun on the National Tennis Centre, a world-class sports facility coming up at Saudi Arabia’s capital of entertainment, sport, and culture Qidiya City. On completion, it will feature 30 courts, open public spaces and fan zones.

Abu Dhabi Biobank, BioTwin tie-up to expand Human Virtual Twin technology in UAE

Fri, 26 Jun 2026

Abu Dhabi Biobank, a strategic initiative between the Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the Emirate, and global health leader M42, has announced a strategic partnership with BioTwin to expand the deployment of their AI-based Virtual Human Twin technology focusing on early detection, prevention and precision health in Abu Dhabi.

PMKConsult, Havelock One Interiors complete RAK Academy revamp

Thu, 25 Jun 2026

PMKConsult and Havelock One Interiors have completed the full turnkey refurbishment of the RAK Academy Khuzam campus for leading developer Marjan. Spanning 226,000 sq ft, the project scope included design development and revamp of a leading international school in UAE.

AI will soon choose what people buy says ecommerce trends report

Fri, 26 Jun 2026

AI could soon choose what we buy; sustainability has shifted from nice-to-have to non-negotiable; and second-hand shopping is rapidly becoming mainstream, according to new DHL eCommerce research.

India seeks deeper UAE diaspora investment as FCNR deposits hit $33.7bn

Fri, 26 Jun 2026

India is looking to attract greater participation from overseas Indians in its growth story as Non-Resident Indian (NRI) deposits reach approximately $166 billion, including $33.7 billion in Foreign Currency Non-Resident (FCNR) deposits, industry leaders revealed.

AWS, CrowdStrike support UAE drive to build cybersecurity startups

Thu, 25 Jun 2026

The UAE Cybersecurity Council, in partnership with Amazon Web Services (AWS), CrowdStrike and e&, has completed the first cohort of a government-backed cybersecurity startup accelerator programme aimed at helping develop over 500 cybersecurity startups under its national cybersecurity strategy.

Nissan Middle East posts impressive 3% growth in FY2025

Wed, 17 Jun 2026

Nissan Middle East closed Fiscal Year 2025 (April 2025 to March 2026) by delivering a landmark financial and commercial performance, concluding the period as the most profitable year on record for the regional entity.

Museum of the Future seeks ideas on new immersive experiences

Fri, 26 Jun 2026

Dubai's Museum of the Future has launched a global open call inviting people in the UAE and around the world to contribute ideas and creative concepts that will help shape its next generation of immersive experiences and future-focused content.

UAE visa on arrival programme covers six more countries

Fri, 26 Jun 2026

The United Arab Emirates (UAE) has expanded its visa-on-arrival programme to include nationals of six countries and their accompanying family members.

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