Dubai’s real estate sector recorded strong growth during the first half of 2026 with a total of 104 projects completed, compared to 75 during the first half of 2025, representing an increase of more than 38.7%.
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Uber Technologies has announced that Baidu’s fully driverless Apollo Go vehicles are officially available to riders on the Uber platform in Dubai, with New Horizon Luxury Transport serving as the fleet operator.
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Qatar Airways, the operator of the world’s first and largest Starlink-equipped widebody fleet, has become the first airline to operate Starlink-equipped Boeing 787-9 aircraft, globally.
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US President Donald Trump has threatened to impose sweeping economic punishment on any country that provides a “lifeline” to Iran, escalating pressure on Tehran as the confrontation over the strategically vital Strait of Hormuz enters a critical phase and diplomatic efforts to end the nearly six-month-old war appear increasingly uncertain.
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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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Saudi Arabia will start implementing a 70% localisation in project management professions in the private sector starting from February next year, said a report. The move, aimed at boosting the locals' participation in the labour market, is in line with the objectives of Saudi Vision 2030.
Air Arabia, the Middle East and North Africa’s first and largest budget carrier operator, today announced the launch of its new daily non-stop service between Sharjah and Frankfurt, strengthening air connectivity between the UAE and Germany.
The UAE has said that all trade, commercial exchanges, and financial transactions with Iran have been halted until further notice in light of regional escalations that undermine regional and international peace and security.
Iran appears to be losing significant control over the Strait of Hormuz as commercial vessels increasingly use an Omani shipping route despite Tehran’s warnings, while US President Donald Trump has ruled out any current or planned negotiations with Iran, adding to uncertainty over the strategic waterway and pushing oil prices higher.
Saudi-based Arabian Drilling has announced that it has signed a contract with a new client in the GCC, thus marking its entry into a new Gulf market. The deal follows the early completion of its first international offshore drilling contract and the redeployment of the jack-up rig to another GCC country.
Aramco, one of the world’s leading integrated energy and chemicals companies, and Maaden, one of the world’s fastest‑growing mining companies, on Tuesday announced the signing of a shareholders’ agreement to form a joint venture (JV) to unlock new opportunities in mineral exploration and hard-rock mining in Saudi Arabia.
Dubai’s mid-market hotels maintained comparatively higher occupancy than those in the premium sector in H1 2026 as regional airspace disruption and heightened geopolitical uncertainty weighed on hotel demand, says leading real estate advisory and property consultancy, Cavendish Maxwell.
Saudi Arabia's Public Investment Fund (PIF) said in 2025 its revenue rose 9% year-on-year to $120 billion, while net profit more than doubled to $17 billion, supported by stronger contributions from maturing portfolio companies.
President Donald Trump has threatened military action against Oman if the US ally obstructs Washington’s efforts to negotiate with Iran over the reopening of the Strait of Hormuz, adding a new and potentially destabilising dimension to efforts to restore shipping through the strategic waterway.
Dubai’s real estate sector recorded strong growth during the first half of 2026 with a total of 104 projects completed, compared to 75 during the first half of 2025, representing an increase of more than 38.7%.
Energy-focused psychological consultancy IntrospeXion has signed a contract with a major UAE-based energy operator to deliver a company-wide mental health and wellbeing programme that will support employees across onshore, remote, and offshore sites.
Uber Technologies has announced that Baidu’s fully driverless Apollo Go vehicles are officially available to riders on the Uber platform in Dubai, with New Horizon Luxury Transport serving as the fleet operator.
Energy-focused psychological consultancy IntrospeXion has signed a contract with a major UAE-based energy operator to deliver a company-wide mental health and wellbeing programme that will support employees across onshore, remote, and offshore sites.
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.
Mazad, Bahrain’s leading digital auction and marketplace platform and a Mumtalakat portfolio company, has launche a new curated collection bringing various luxury names to the auction platform.
A team of scientists at Washington University School of Medicine in St. Louis has identified a neural mechanism capable of switching off chronic neuropathic pain caused by nerve damage. The discovery centres on mu opioid receptors located within a brain region that helps regulate stress and alertness.
Saudi Arabian Refineries Company (SARCO) has announced that its key subsidiary Raya Al Tajdeed has secured a contract from a multinational education company for the construction and finishing works of its prime projects in the capital Riyadh.
The global retail media market continues to grow and evolve, with ad investment projected to surpass $200 billion this year and reach $223 billion by 2027, according to a new report. However, growth is slowing towards single digits, as retail media networks look to meet ambitious targets.
Fintech Galaxy has announced that it has received In-Principle Approval (IPA) from the Central Bank of the United Arab Emirates (CBUAE) to operate as an Open Finance provider in the UAE.
stc Bahrain, a digital enabler, has appointed Khalid Alia as Chief Digital and Customer Experience Officer, as part of the company’s strategy to accelerate its digital growth and deliver more seamless, customer-centric experiences.
Uber Technologies has announced that Baidu’s fully driverless Apollo Go vehicles are officially available to riders on the Uber platform in Dubai, with New Horizon Luxury Transport serving as the fleet operator.
The Mohammed bin Rashid Al Maktoum Global Water Award, supervised by the UAE Water Aid Foundation (Suqia), has invited application for the fifth cycle of the award.
The UAE has rejected what it described as false information and “desperate media campaigns” targeting the country, including claims that it was cancelling labour residencies and providing financial facilities to Iran.
