15.5km UNDEGROUND SECTION

Tunnelling works for $5.58bn Dubai Metro Blue Line launched

Mon, 04 May 2026

The primary tunnelling works for the AED20.5 billion ($5.58 billion) Dubai Metro Blue Line project was launched on Sunday by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

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TANKER HIT

US military to guide ships through Strait of Hormuz; massive force ready

Mon, 04 May 2026

US President Donald Trump has announced that the US will begin guiding ships through the Strait of Hormuz, which remains largely blocked by Iran, starting Monday.

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SUPERCHARGING UAE MANUFACTURING

Adnoc to accelerate growth, award $55bn projects

Sun, 03 May 2026

Adnoc confirmed that it is accelerating growth and delivery of its strategy with AED200 billion ($55 billion) in new project awards for 2026-2028.

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IRAN MULLS NEW LAW ON HROMUZ

Trump says will review Iran's 14-point proposal soon

Sun, 03 May 2026

US President Donald Trump said he will soon review Iran's new 14-point proposal for peace, adding that he “can’t imagine that it would be acceptable.”

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COMMENT

Iran must stop lies and hostility

Fri, 01 May 2026

The message attributed to Iran’s Supreme Leader Mojtaba Khamenei comes as a recycled political narrative, built on repeating claims and falsehoods about the Arab Gulf states, in an attempt to impose a one-sided vision on a region undergoing major developmental and strategic transformations, writes Anwar Abdulrahman in a comment in the Gulf Daily News, our sister newspaper.

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Top This Week

Iran sends new proposals for peace talks to Pakistan

Fri, 01 May 2026

Iran has delivered its latest proposal for negotiations to end the war with US to Pakistan, a mediator, said IRNA news agency.

Türkiye welcomes 9.2m international visitors in Q1, up 4.2%

Fri, 01 May 2026

Türkiye experienced a 4.2% rise in international visitors, totalling 9.2 million in the first quarter of this year. The country also reported an impressive $9.896 billion in tourism revenue for the quarter.

UAE, South Korea unlock new opportunities as CEPA enters into force

Fri, 01 May 2026

The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and South Korea has officially entered into force, marking a significant step forward in economic relations between the two countries.

Dana Gas says all overdue receivables settled by Egypt

Fri, 01 May 2026

Dana Gas, the Middle East’s largest regional private sector natural gas company, has received an additional payment of $20 million from Egypt, with all overdue receivables now fully settled.

Oil continues upward trend as US, Iran harden stances

Fri, 01 May 2026

Oil prices extended their rally on Friday as geopolitical tensions around Strait of Hormuz remained unresolved, with both Iran and the United States showing no signs of de-escalation.

Oman sets up Artificial Intelligence Special Zone

Fri, 01 May 2026

His Majesty Sultan Haitham bin Tarik of Oman has issued a Royal Decree establishing an Artificial Intelligence Special Zone in the Governorate of Muscat, Oman News Agency (ONA) reported.

Beyon's Q1 revenue soars to $313m; net profit down

Thu, 30 Apr 2026

Bahrain-based international technology group Beyon has recorded solid revenue growth for the first quarter hitting BD119 million ($313 million), up from last year's figure of BD117 million ($307 million), primarily driven by growth in digital services, while its net profit fell 15% to BD15.3 million ($40.6 million).

Air India Express resumes flights to Bahrain, Qatar

Thu, 30 Apr 2026

Air India Express, India’s international value carrier, has announced the reinstatement of operations to Qatar and Bahrain, along with additional flights to the UAE, Oman and Saudi Arabia, starting April 30.

Mashreq Bank posts Q1 net profit before tax of $626m

Thu, 30 Apr 2026

Mashreq Bank, one of the leading financial institutions in the MENA region, has delivered a strong first-quarter performance, with operating income growing to AED3.4 billion ($925.8 million) and net profit before tax increasing to AED2.3 billion ($626.28 million).

Majid Al Futtaim awards main contract for Distrikt Ghaf Woods

Mon, 04 May 2026

Majid Al Futtaim, a leading mall developer and leisure pioneer in the region, has awarded the main construction contract worth over AED700 million ($191 million) for its prime residential community in Dubai - Distrikt Ghaf Woods - to Al Sahel Contracting, a part of the Al Nabooda Group.

Egypt announces new gas discovery with 50 mmcf daily capacity

Mon, 04 May 2026

Egypt has announced a new natural gas discovery in the Nile Delta, with projected production of 50 million cu ft per day (mmcf/d) following the drilling of the exploratory well (Nidoco N-2) in the West Abu Madi area, co-operated by Italy’s Eni and the UK’s British Petroleum.

Dubai hotel demand to recover 20pc–30pc this summer: RateGain

Mon, 04 May 2026

RateGain, an AI travel SaaS provider, reports Dubai hotel demand is recovering after a sharp March–May decline. Levels have risen from 7%–14% and are expected to stabilise, reaching 20%–30% of pre-disruption demand by summer.

Green Sky Capital signs financing deal for key SAF facility in Egypt

Mon, 04 May 2026

Qatar-based Green Sky Capital has signed the financing deal for a landmark sustainable aviation fuel production facility on a 100,000-sq-m site within the Suez Canal Economic Zone in Egypt. The engineering, procurement and construction contract for the project has been awarded to French group SeaOwl.

Iran must stop lies and hostility

Fri, 01 May 2026

The message attributed to Iran’s Supreme Leader Mojtaba Khamenei comes as a recycled political narrative, built on repeating claims and falsehoods about the Arab Gulf states, in an attempt to impose a one-sided vision on a region undergoing major developmental and strategic transformations, writes Anwar Abdulrahman in a comment in the Gulf Daily News, our sister newspaper.

Durar Group awards main contract for Missoni-branded homes in RAK

Tue, 28 Apr 2026

UAE-based Durar Group has appointed Ali & Sons as the main contractor for its flagship branded residential development - Moonstone Interiors by Missoni - on Al Marjan Island in Ras Al Khaimah. A premium development, it features 226 sea-facing residences along with key amenities.

WHX Tech to take place alongside World Health Expo in January in Dubai

Fri, 01 May 2026

The next edition of WHX Tech will take place from January 27–29, 2027 at the Dubai World Trade Centre (DWTC). The event will run alongside World Health Expo (WHX), the flagship global healthcare event.

Qatar Academy - Sidra project on track for H2 completion

Thu, 23 Apr 2026

Qatar's Public Works Authority (Ashghal) has announced that over 90% work is now complete at Sidra - Education City project and is on track for opening by year-end. Spanning 74,000 sq m, the key educational facility features a main two-storey building with classrooms and multi-purpose halls.

Tanishq kicks off its 'Festival of Exchange' campaign in UAE

Mon, 04 May 2026

Tanishq, a leading Indian jewellery brand and a TATA product, has announced the launch of its Festival of Exchange across the UAE. The campaign, headlined by cricket icon Sachin Tendulkar, offers zero per cent deduction on the exchange of old gold, across all its outlets in Abu Dhabi, Dubai and Sharjah.

Sarwa becomes first UAE fintech to top $1bn in client assets

Mon, 04 May 2026

Sarwa, one of the GCC’s leading investment and personal finance platforms, has announced that it has crossed $1 billion in client assets, becoming the first UAE-founded FinTech platform to reach this milestone. Founded in the DIFC, Sarwa was an early mover shaping the region’s FinTech sector.

WHX Tech to take place alongside World Health Expo in January in Dubai

Fri, 01 May 2026

The next edition of WHX Tech will take place from January 27–29, 2027 at the Dubai World Trade Centre (DWTC). The event will run alongside World Health Expo (WHX), the flagship global healthcare event.

Global sales of electric cars weaken in Q1, says report

Sat, 02 May 2026

Global sales of electric cars weakened during the first quarter with the top markets of China and US leading the sales decline. In 43 key markets analysed by the consulting firm PwC, the number of electric cars sold was 1% lower than in the same period in 2025, at just under 2.7 million.

Qatar Toy Festival to return in July

Fri, 01 May 2026

Qatar Calendar has announced the return of the Qatar Toy Festival (QTF) in July under the slogan ‘More to Imagine, A Whole World of Fun’.

US orders withdrawal of 5,000 US soldiers from Germany

Sat, 02 May 2026

In a surprise move, US Defence Secretary Pete Hegseth has ordered the withdrawal of around 5,000 US soldiers stationed in Germany, the Pentagon said on Friday. Following this, Nato said it was "working" with Washington to understand the reason for the troop reduction.

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