AI IN BOX TURNKEY SOLUTION

AMD, Saudi PIF unit to set up $10bn AI Infrastructure powerhouse

Tue, 01 Sep 2026

Global semiconductor company AMD and Humain, Saudi Arabia’s new AI enterprise, have announced a landmark investment of up to $10 billion to build a next-generation AI infrastructure ecosystem spanning Saudi Arabia and the US.

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HEATHROW RANKS SECOND

Dubai retains global international airport crown; Atlanta leads overall traffic

Tue, 01 Sep 2026

Dubai International Airport (DXB) has retained its position as the world’s busiest international airport for September, even as scheduled seat capacity remains significantly below last year’s level, according to aviation data provider OAG.

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INSIGHT

Extended US-Iran conflict could put some GCC ratings at risk: Fitch

Tue, 01 Sep 2026

Risks to some issuer ratings in Gulf Cooperation Council (GCC) states could increase under a hypothetical scenario in which traffic through the Strait of Hormuz is disrupted through most of 2027, Fitch Ratings says in a new report.

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8,800 HOMES DELIVERY THIS YEAR

Damac achieves handover of 50,000 homes, $2.72bn contracts awarded in H1

Tue, 01 Sep 2026

Damac Properties, the largest private real estate developer in the UAE and the Middle East, is currently celebrating the handover of more than 50,000 homes.

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ANALYSIS

Renewed US-Iran tensions put inflation risks back on investors' radar

Tue, 14 Jul 2026

Oil prices are climbing once again, and with them, fears that inflation could make an unwelcome return. Renewed tensions between the US and Iran have shifted investors' attention back to the impact of higher energy costs on the global economy, said a leading global market strategist.

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Top This Week

New record set as falcon sells for $408,000 at ADIHEX

Mon, 31 Aug 2026

The fifth auction held as part of the 23rd edition of the Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX) 2026 attracted remarkable turnout, culminating in the sale of a Qarmousha Pure Ultra White falcon for AED1.5 million ($408,000).

FNRC, JSW Cement agree to set up new 1.65 MTPA cement grinding unit

Mon, 31 Aug 2026

The Fujairah Natural Resources Corporation (FNRC) and JSW Cement signed a contract to establish and operate a new cement grinding unit in Al Tawyeen with an annual production capacity of 1.65 million tonnes per annum (MTPA).

Global technology community gathers in Riyadh as LEAP 2026 opens

Mon, 31 Aug 2026

From global technology leaders and investors to live robotics, gaming, sport and future mobility, LEAP 2026 opens its landmark fifth edition with four days of major announcements, technology and new experiences across Riyadh

Oil prices jump 2% as US-Iran strikes revive Strait of Hormuz supply fears

Mon, 31 Aug 2026

Oil prices surged more than 2% on Monday after a fresh exchange of US and Iranian attacks around the Strait of Hormuz renewed the risk of disruption to crude shipments through the key oil chokepoint.

US strikes Iranian launchers as Trump warns of devastating blow to Kharg Island

Mon, 31 Aug 2026

The United States and Iran have entered a new phase of their confrontation after US forces struck Iranian rocket launchers near the Strait of Hormuz and Tehran retaliated with missile and drone attacks against US military bases in Jordan, marking the first direct escalation between the two sides in more than a month.

Nepal flood disaster: 900-plus hydropower workers among 3,000 still missing

Sun, 30 Aug 2026

More than 900 workers at hydropower projects remain trapped or unaccounted for in Nepal after a devastating flash flood and debris flow swept through the country's Himalayan valleys, turning the disaster into a major humanitarian crisis as well as a threat to its fast-growing power sector.

Riyadh Digital Innovation District launched as global innovation hub

Sat, 29 Aug 2026

The Royal Commission for Riyadh City (RCRC) has launched the Riyadh Digital Innovation District, one of its key strategic initiatives aimed at positioning the capital as a global hub for technology talent and digital innovation.

Etihad's Huda Al Musallami becomes first Emirati woman training captain

Fri, 28 Aug 2026

Etihad Airways has announced that Captain Huda Al Musallami has made national aviation history, becoming the first Emirati woman to qualify as a training captain in the UAE.

UAE grants Starlink licence to offer satellite internet services

Fri, 28 Aug 2026

The UAE's Telecommunications and Digital Government Regulatory Authority (TDRA) has granted Starlink Satellite Communications a 10-year General Space Services License, authorising the company to establish, operate, and manage a public satellite communications network and provide broadband satellite internet services in the UAE.

Zededa seals key Saudi distribution agreement with VAS

Tue, 01 Sep 2026

Zededa, a leader in edge intelligence, said it has sealed an agreement with VAS Limited, a value-added distributor of global technology solutions, to bring its Edge Intelligence Platform to customers across the kingdom with plans to expand into the wider GCC region.

Nigeria, UAE discuss boosting power generation by 5,000MW

Tue, 01 Sep 2026

Nigeria is in talks with the UAE on proposals to increase its electricity generation capacity by 5,000MW with solar power among the key areas of co-operation, said a report. The two countries also explored co-operation in solar energy, financing and technical expertise.

Dubai retains global international airport crown; Atlanta leads overall traffic

Tue, 01 Sep 2026

Dubai International Airport (DXB) has retained its position as the world’s busiest international airport for September, even as scheduled seat capacity remains significantly below last year’s level, according to aviation data provider OAG.

Nigeria, UAE discuss boosting power generation by 5,000MW

Tue, 01 Sep 2026

Nigeria is in talks with the UAE on proposals to increase its electricity generation capacity by 5,000MW with solar power among the key areas of co-operation, said a report. The two countries also explored co-operation in solar energy, financing and technical expertise.

AI investment rising, but half of firms struggle to benefit, says study

Mon, 17 Aug 2026

About 80% of organisations expect AI spending to increase over the next two years, yet more than half struggle to operationalise the business knowledge AI needs to deliver business value, finds a new study.

New record set as falcon sells for $408,000 at ADIHEX

Mon, 31 Aug 2026

The fifth auction held as part of the 23rd edition of the Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX) 2026 attracted remarkable turnout, culminating in the sale of a Qarmousha Pure Ultra White falcon for AED1.5 million ($408,000).

Dubai luxury project targets certification for electromagnetic exposure

Thu, 27 Aug 2026

EYWA Way of Water, a waterfront residential project featuring 65 luxury residences in Dubai's Business Bay district, is targeting certification for electromagnetic exposure alongside top international wellness and sustainability standards. The premium development is due for completion in 2028.

Qualcomm, KAUST join hands to strengthen Saudi 6G, AI ecosystem

Tue, 01 Sep 2026

Qualcomm Technologies International and King Abdullah University of Science and Technology (KAUST) today announced a strategic collaboration designed to strengthen Saudi Arabia’s leadership in 6G innovation and artificial intelligence (AI).

Apple unveils more powerful Mac Mini, Mac Studio

Tue, 25 Aug 2026

Apple on Tuesday announced the new Mac mini with the all-new M6 and powerful M5 Pro and the new Mac Studio, featuring M5 Max and the all-new M5 Ultra.

BENEFIT's transaction value for H1 surges 6.1pc to $51.2bn

Tue, 01 Sep 2026

BENEFIT, a leading fintech company in Bahrain, has announced that it had processed 261.2 million transactions through the Electronic Fund Transfer System (EFTS) in the first half of 2026, up 7.6% when compared to last year, with the total value surging by 6.1% to BD19.3 billion ($51.2 billion).

Qualcomm, KAUST join hands to strengthen Saudi 6G, AI ecosystem

Tue, 01 Sep 2026

Qualcomm Technologies International and King Abdullah University of Science and Technology (KAUST) today announced a strategic collaboration designed to strengthen Saudi Arabia’s leadership in 6G innovation and artificial intelligence (AI).

Al Masaood Group appoints interim Group Managing Director

Tue, 01 Sep 2026

Al Masaood Group has announced Irfan Tansel as its interim Managing Director responsible for overseeing the group’s strategic direction, operational performance, and financial delivery.

Adobe to provide free access to key creative tools to 27m Saudi citizens, residents

Mon, 31 Aug 2026

Adobe, a global technology leader, has announced an expanded partnership with the Saudi Ministry of Communications and Information Technology (MCIT) and HUMAIN, a PIF company, delivering full-stack artificial intelligence capabilities globally.

All-Star Sumo makes its Middle East debut in Abu Dhabi

Tue, 01 Sep 2026

A line-up of Sumo Champions, bringing together a combined 65 years of professional Japanese sumo experience, will face off in a round robin competition featuring 36 rapid fire bouts at Space42 Arena in Abu Dhabi on September 26.

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