International tourist arrivals grew 2% during the first quarter of 2026, despite disruption caused by the crisis in the Middle East in March.
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Abu Dhabi has imposed a temporary freeze on rents across the emirate, barring landlords from increasing lease rates for residential, commercial and industrial properties until further notice, in a move expected to provide relief to tenants amid heightened regional uncertainty.
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Nearly one billion people living in the world's most vulnerable economies could face higher living costs, inflation and slower growth as disruptions in the Strait of Hormuz drive up global oil prices, the United Nations Conference on Trade and Development (UNCTAD) has warned.
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Aluminium Bahrain (Alba) has agreed to acquire Aluminium Dunkerque – the largest aluminium smelter in the European Union – in a deal worth $2.2 billion, a report in the Gulf Daily News said.
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His Majesty King Hamad’s statement during yesterday’s Cabinet session: ‘You were the nation’s strength in times of war, and you remain its enduring strength in times of peace’ was not merely praise for citizens’ stance during an exceptional period.
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A delegation from the Bahrain Economic Development Board (Bahrain EDB), led by Noor bint Ali Alkhulaif, Minister of Sustainable Development and Chief Executive of Bahrain EDB, has kicked off its five-day visit to Europe.
Saudi Basic Industries Corp (Sabic) has launched an ambitious public auction of industrial assets from its facilities in La Aljorra, Spain, specifically from the LX2 polycarbonate plant and the HPP plant following their permanent closure. The auction comprises 141 lots divided into two specialised events.
Royal Commission for Riyadh City (RCRC) is gearing up to launch a major urban cooling project in the Saudi capital that aims to reduce temperatures on roads, walls and other urban surfaces by up to 15°C, said a report. Top Greek consulting firm Planet has been signed up as the lead consultant for the project.
A landmark reform of the UAE's civil law takes effect today (June 1), lowering the age of legal adulthood from 21 to 18 and introducing sweeping changes that will affect how residents, businesses and investors manage contracts, property, finances and legal disputes.
US President Donald Trump has sent back changes to the proposed deal with Iran after a meeting with advisers on Friday, CNN quoted officials as saying, extending the back-and-forth negotiations into another week.
A major update to the UAE’s civil law will come into force on June 1, bringing changes that are expected to affect how residents, families, businesses and young adults deal with contracts, property, money and legal responsibility.
The UAE's Ministry of Foreign Affairs (MoFA) has advised UAE nationals and residents against travel to Uganda, the Democratic Republic of the Congo, and South Sudan unless absolutely necessary in light of the evolving public health situation related to ebola virus disease (EVD).
The UAE Fuel Price Committee has approved fuel prices for June 2026, with diesel prices recording a decline compared to the previous month, in a move that supports the stability of key sectors, particularly logistics and supply chains.
Leading Irish group EcoModular has entered into an agreement with Saudi-based project management consultancy IDS and Latvia's Modul Consult to establish tripartite framework for volumetric modular development across Europe, KSA and the wider GCC region.
AD Ports Group has announced that it has acquired Brazil’s leading independent agri-bulk port terminal operator Corredor Logística e Infraestrutura (CLI) at an enterprise value of AED3.1 billion ($835 million). This CLI deal gives AD Ports Group an entry point into Latin America.
Nearly one billion people living in the world's most vulnerable economies could face higher living costs, inflation and slower growth as disruptions in the Strait of Hormuz drive up global oil prices, the United Nations Conference on Trade and Development (UNCTAD) has warned.
EXP Arabia, a joint venture between global engineering, architecture, design and consulting firm EXP and leading Saudi conglomerate Al Suwaiket Group, has joined Red Sea Global in celebrating the completion of Adrena, a new adventure and entertainment district within The Red Sea destination.
AD Ports Group has announced that it has acquired Brazil’s leading independent agri-bulk port terminal operator Corredor Logística e Infraestrutura (CLI) at an enterprise value of AED3.1 billion ($835 million). This CLI deal gives AD Ports Group an entry point into Latin America.
His Majesty King Hamad’s statement during yesterday’s Cabinet session: ‘You were the nation’s strength in times of war, and you remain its enduring strength in times of peace’ was not merely praise for citizens’ stance during an exceptional period.
A consortium comprising First Avenue for Real Estate Development Company, Dar Al Majed Real Estate Company (Al Majdiah) and Rekaz Real Estate Company has secured a key contract for the development of the East Hindawiyah District Project in Makkah.
The Emirates Drug Establishment (EDE) has approved Wegovy (semaglutide), an oral once-daily treatment indicated for long-term weight management in adults living with obesity or overweight associated with weight-related medical conditions.
Abu Dhabi Maritime Academy (ADMA) has signed a memorandum of understanding with Bahrain Polytechnic to strengthen cooperation in the areas of education, training, and applied research.
The countdown to Dubai Summer Surprises (DSS) 2026 has officially begun, with Dubai Festivals and Retail Establishment (DFRE) encouraging residents and visitors alike to take part in the various events of the city’s favourite summer festival, which returns from July 2 to August 30.
Allied World Assurance Company Holdings, a global provider of insurance and reinsurance solutions, has opened a new regional office in Dubai International Financial Centre (DIFC). This local presence will allow Allied World to offer its insurance expertise directly to clients across the Middle East.
Positron AI, a US-based developer of next-generation specialised AI inference infrastructure, has established its first presence outside the country in the Dubai International Financial Centre (DIFC)), the leading global financial centre in the Middle East and Africa region.
Dubai Taxi Company (DTC) has signed an agreement with AJ Industries, an expert in sustainable and innovative automotive solutions in Ajman, in bid to scale its operational expertise, digital platforms and e-hailing capabilities to support the mobility ecosystem in the emirate.
Meta, the social networking giant, has announced that it’s now rolling out its consumer subscription plans globally for its flagship apps Instagram, Facebook, and WhatsApp.
The United States Central Command (Centcom) has announced that 121 commercial vessels in the Strait of Hormuz have been redirected since the start of the US blockade of Iranian ports.
