The UAE's non-oil foreign trade surged by 13% during the first half to hit nearly AED2 trillion ($527.5 billion), driven by a surge in exports, said a report. The country’s non-oil exports jumped 24% from a year to hit AED452.8 billion ($123.3 billion), accounting for 23.4% of total non-oil trade.
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Two US service members were killed in action in Jordan and one went missing while defending against Iranian ballistic missile attacks, said media reports citing US CENTCOM. This comes after Iran launched a wave of attacks on US allies in retaliation against seventh day of American military strikes.
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A power and water desalination station in Kuwait was damaged in an Iranian attack on Saturday, triggering a fire and forcing the temporary shutdown of many units, reported state media. Several firefighters and an worker were injured while battling fires at two sites targeted in the attacks.
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Iran launched renewed attacks on US Gulf allies on Saturday after the United States completed a seventh consecutive night of strikes targeting Iranian military infrastructure, marking a sharp escalation one week after a fragile ceasefire collapsed, said media reports.
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Residential developers are under mounting pressure to meet evolving buyer expectations and stricter sustainability standards while delivering long-term value. As the global construction industry is set to hit $16.1 trillion by 2030, high-performance homes are emerging as a key solution, said an industry expert.
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Emirates Telecommunications Group Company (e&) has announced the successful completion of the sale of it Vodafone stake to Vega, realising cash proceeds of $5.95 billion.
Bahrain’s Bapco Energies and its venture arm, BeVentures, are evaluating Small Modular Reactors (SMRs) to meet growing power demands from energy-intensive industries and AI infrastructure, a report said.
Dubai's residential market sales eased to AED84.9 billion ($23.12 billion) in Q2 2026, but prices kept climbing and tenant demand surged 20%, according to new betterhomes data.
The United States and Iran exchanged a fresh wave of military strikes for a sixth consecutive night, deepening fears of a wider regional conflict as Tehran prepared to expand its pressure on global energy supplies by threatening to shut another critical maritime chokepoint at the entrance to the Red Sea.
Singapore-based Meranti Green Steel said it has awarded a major FEED contract to a consortium of German group SMS and global direct reduction (DR) technology leader Midrex for its green iron facility at Duqm, Oman, with a planned capacity of 2.5 million tonnes per annum.
Saudi-based Al Yamamah Steel Industries Company has announced that its reinforcing steel bars unit has awarded a major contract to Italian engineering and manufacturing corporation Danieli for setting up a steel billet production plant within its premises in the kingdom by 2029.
Bahri Logistics, a business unit of the National Shipping Company of Saudi Arabia (Bahri), has launched the Bahri Bonded Zone at Jeddah Islamic Port.
The share of professional job vacancies in the Gulf requiring artificial intelligence (AI) skills has nearly tripled over the past four years, but for much of the region's economy the technology has yet to make a meaningful impact on hiring, according to data from Middle East recruitment platform GulfTalent.
Future Fund Oman (FFO), a portfolio of the sultanate's sovereign wealth fund Oman Investment Authority (OIA), has announced a new package of 105 strategic projects and investments worth $1.74 billion, spanning renewable energy, manufacturing and tourism industries.
Saudi Arabia's National Water Company (NWC) has completed a water distribution network project in Al Shanan Governorate in the Hail region. The work involved laying of more than 21 km of water pipelines as well as providing service to more than 857 beneficiaries through 175 new connections.
Enerpac Tool Group has entered into a definitive agreement to acquire Specialised Fabrication Equipment Group (SFE Group) from SFEG Holdings, a portfolio company of Gladstone Investment Corporation, for approximately $472 million in cash.
Jazeera Airways has expanded its Kuwait–Egypt network by adding 16 weekly flights to Sharm El Sheikh, Alexandria, Sohag and Hurghada, increasing its total to 126 direct weekly services.
Sohar Port and Freezone has announced the groundbreaking of its Zinc Recycling Industrial Park located on a 100,000 sq m site within its key development. Once operational, it is expected to produce 100,000 T of refined zinc ingots and 50,000 T of zinc oxide annually for customers across the region.
The share of professional job vacancies in the Gulf requiring artificial intelligence (AI) skills has nearly tripled over the past four years, but for much of the region's economy the technology has yet to make a meaningful impact on hiring, according to data from Middle East recruitment platform GulfTalent.
UAE developer Damac Properties has announced the launch of the sixth and final tower of Chelsea Residences by Damac - the world’s first football-branded residences located in Dubai Maritime City - following the exceptional sell-out performance of the first five towers.
Burjeel Medical City (BMC), the flagship facility of Burjeel Holdings, has entered into a clinical and academic collaboration with New York-based Roswell Park Comprehensive Cancer Center, a US National Cancer Institute-designated Comprehensive Cancer Center, to establish a specialised thoracic surgery programme in the UAE.
The share of professional job vacancies in the Gulf requiring artificial intelligence (AI) skills has nearly tripled over the past four years, but for much of the region's economy the technology has yet to make a meaningful impact on hiring, according to data from Middle East recruitment platform GulfTalent.
Saudi-based Cenomi Centers has announced that the developer of its Westfield Riyadh project had secured SAR2.7 billion ($720 million) in finance from Riyad Bank which it will use to fund the lifestyle development's remaining construction costs, including a VIP lounge, a luxury retail wing and tenant fit-out support.
The UAE's non-oil foreign trade surged by 13% during the first half to hit nearly AED2 trillion ($527.5 billion), driven by a surge in exports, said a report. The country’s non-oil exports jumped 24% from a year to hit AED452.8 billion ($123.3 billion), accounting for 23.4% of total non-oil trade.
The Kingdom of Bahrain is all set to host the 7th GCC Digital Government Award 2026, one of the GCC’s leading initiatives aimed at recognising outstanding digital government projects and initiatives, showcasing successful government experiences and best practices.
FREELANDER, a British premium intelligent all-terrain brand co-developed by Chery and Jaguar Land Rover, has unveiled the full exterior colour palette of the FREELANDER 8 and introduced its Super Intelligent Valet Parking (SIVP).
The 2027 edition of the Sony Future Filmmaker Awards is now open for submissions and free for all to enter.
The US said it had completed an eighth straight night of attacks against Iran after earlier announcing that two US ​military personnel were killed in Jordan and another was missing following an Iranian attack. In retaliation, Iran's military launched a drone attack targeting US military assets, sauid media reports.
