1500MW CAPACITY

Nama starts RFQ process for $1bn solar projects in Oman

Sat, 27 Jun 2026

Oman's Nama Power and Water Procurement has launched the RFQ process for the development of two renewable energy projects - Adam Solar IPP (integrated with a Battery Energy Storage System (BESS), and Sinaw Solar IPP - being set up at a total investment of RO398 ($1.03 billion).

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LEBANON, ISRAEL INK PEACE DEAL

Mideast tensions flare as US launches strikes on Iran after drone attack

Sat, 27 Jun 2026

The US military launched a new series of airstrikes on Friday after Tehran struck a commercial ship in the Strait of Hormuz with a drone, thus presenting a fresh test for the fragile ceasefire, said media reports, even as Israel and Lebanon reached a framework deal for peace.

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SPOTLIGHT

AI will soon choose what people buy says ecommerce trends report

Fri, 26 Jun 2026

AI could soon choose what we buy; sustainability has shifted from nice-to-have to non-negotiable; and second-hand shopping is rapidly becoming mainstream, according to new DHL eCommerce research.

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11,000 SEAFARERS STRANDED IN GULF

Cargo vessel attacked in Hormuz, IMO suspends escort of ships

Fri, 26 Jun 2026

The UN International Maritime Organization (IMO) has temporarily suspended its operation to escort and evacuate ships through the Strait of Hormuz after a cargo vessel came under attack, raising fresh concerns over maritime security despite a preliminary agreement aimed at ending the Iran conflict.

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WIDESPREAD DAMAGE

Venezuela quakes death toll rises as rescue teams race to find survivors

Fri, 26 Jun 2026

Rescue teams continued to search through the rubble of collapsed buildings across Venezuela on Thursday after two powerful earthquakes struck near the capital, Caracas, leaving at least 235 people dead and thousands injured.

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Top This Week

Rubio in Bahrain for crunch talks, eyes GCC backing for Iran deal

Thu, 25 Jun 2026

US Secretary of State Marco ​Rubio will meet with Bahrain officials on Thursday on the final leg of a trip to the ‌Middle East where he has sought to sell the Trump administration's preliminary Iran accord to skeptical Gulf Arab allies.

Radisson ramps up Saudi expansion, eyes 100 properties by 2030

Thu, 25 Jun 2026

Radisson continues to expand in Saudi Arabia, with 50 hotels open and under development across the kingdom, as it targets 100 properties in operation by 2030. The group aims to open 1,000 more rooms in the country during the second half, said a top official.

Rubio moves to reassure Gulf allies over US-Iran deal during regional tour

Thu, 25 Jun 2026

US Secretary of State Marco Rubio sought to reassure Gulf allies on Wednesday that Washington's landmark agreement with Iran would not come at the expense of their security, as he met leaders in the United Arab Emirates and Kuwait during a regional tour aimed at easing concerns over the deal.

High casualties feared after powerful twin quakes strike Venezuela

Thu, 25 Jun 2026

High casualties are feared after two powerful earthquakes struck Venezuela's northern coast within less than a minute on Wednesday, collapsing buildings, damaging infrastructure and prompting the government to declare a state of emergency.

Saudi Properties starts accepting foreign real estate ownership applications

Wed, 24 Jun 2026

Saudi Arabia's Real Estate General Authority (REGA) has announced the opening of applications for foreign real estate ownership through its Saudi Properties portal. This is the official portal for the Foreign Real Estate Ownership Law, following its coming into force from January.

Ladun JV lands $639m Riyadh infrastructure development works deal

Wed, 24 Jun 2026

Ladun Investment Company said its joint venture with Al Ayuni Investment has been awarded SAR2.4 billion ($639 million) contracts for the infrastructure development works on key Al Qirawan, Al Narjis and Namar plots under the Real Estate Balance Program – Phase One in Riyadh.

Arcapita, Hines eye investments in GCC industrial, logistics real estate

Wed, 24 Jun 2026

Arcapita, the global alternative investment firm, has signed a partnership deal with Hines, one of the world’s largest real assets investment managers, to jointly explore the creation of an institutional-grade platform focused on industrial and logistics real estate assets across the Gulf region.

IMO to begin evacuation of 11,000 stranded seafarers in Hormuz

Wed, 24 Jun 2026

The International Maritime Organisation (IMO) has announced a plan to evacuate 11,000 seafarers stranded in the Strait of Hormuz. The operation would be conducted in co-ordination with Iran, Oman and US and all other stakeholders from the maritime industry.

AD Ports boosts majority stake in Global Feeder Shipping to 81pc

Wed, 24 Jun 2026

AD Ports Group has announced that it has acquired an additional 30% equity stake valued at AED1.1 billion ($300 million) in one of its most strategic assets, Global Feeder Shipping (GFS), the world’s fourth-largest container feeder shipping line by capacity, thus raising its holding to 81%.

Dubai's real estate projects value top $75bn in H1

Sat, 27 Jun 2026

The current pace of launches have put Dubai on track for one of its biggest real estate years in history with the value of prospect and new development projects across the emirate since the beginning of 2026 surging to more than AED275 billion ($75 billion), said a report.

Nama starts RFQ process for $1bn solar projects in Oman

Sat, 27 Jun 2026

Oman's Nama Power and Water Procurement has launched the RFQ process for the development of two renewable energy projects - Adam Solar IPP (integrated with a Battery Energy Storage System (BESS), and Sinaw Solar IPP - being set up at a total investment of RO398 ($1.03 billion).

UAE visa on arrival programme covers six more countries

Fri, 26 Jun 2026

The United Arab Emirates (UAE) has expanded its visa-on-arrival programme to include nationals of six countries and their accompanying family members.

Valvoline Arabia rolls out commercial ops across Mideast, Africa

Sat, 27 Jun 2026

Valvoline, a global leader in automotive and industrial solutions, has announced the launch of its commercial business operations for the newly-formed Valvoline Arabia Lubricants Company (ValCo). Headquartered in Jeddah, ValCo's offices will serve as Valvoline's regional headquarters in Saudi Arabia.

AI will soon choose what people buy says ecommerce trends report

Fri, 26 Jun 2026

AI could soon choose what we buy; sustainability has shifted from nice-to-have to non-negotiable; and second-hand shopping is rapidly becoming mainstream, according to new DHL eCommerce research.

Qiddiya breaks ground on landmark National Tennis Centre

Thu, 25 Jun 2026

Qiddiya Investment Company (QIC) has announced that work has begun on the National Tennis Centre, a world-class sports facility coming up at Saudi Arabia’s capital of entertainment, sport, and culture Qidiya City. On completion, it will feature 30 courts, open public spaces and fan zones.

Abu Dhabi Biobank, BioTwin tie-up to expand Human Virtual Twin technology in UAE

Fri, 26 Jun 2026

Abu Dhabi Biobank, a strategic initiative between the Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the Emirate, and global health leader M42, has announced a strategic partnership with BioTwin to expand the deployment of their AI-based Virtual Human Twin technology focusing on early detection, prevention and precision health in Abu Dhabi.

PMKConsult, Havelock One Interiors complete RAK Academy revamp

Thu, 25 Jun 2026

PMKConsult and Havelock One Interiors have completed the full turnkey refurbishment of the RAK Academy Khuzam campus for leading developer Marjan. Spanning 226,000 sq ft, the project scope included design development and revamp of a leading international school in UAE.

AI will soon choose what people buy says ecommerce trends report

Fri, 26 Jun 2026

AI could soon choose what we buy; sustainability has shifted from nice-to-have to non-negotiable; and second-hand shopping is rapidly becoming mainstream, according to new DHL eCommerce research.

India seeks deeper UAE diaspora investment as FCNR deposits hit $33.7bn

Fri, 26 Jun 2026

India is looking to attract greater participation from overseas Indians in its growth story as Non-Resident Indian (NRI) deposits reach approximately $166 billion, including $33.7 billion in Foreign Currency Non-Resident (FCNR) deposits, industry leaders revealed.

AWS, CrowdStrike support UAE drive to build cybersecurity startups

Thu, 25 Jun 2026

The UAE Cybersecurity Council, in partnership with Amazon Web Services (AWS), CrowdStrike and e&, has completed the first cohort of a government-backed cybersecurity startup accelerator programme aimed at helping develop over 500 cybersecurity startups under its national cybersecurity strategy.

Nissan Middle East posts impressive 3% growth in FY2025

Wed, 17 Jun 2026

Nissan Middle East closed Fiscal Year 2025 (April 2025 to March 2026) by delivering a landmark financial and commercial performance, concluding the period as the most profitable year on record for the regional entity.

Museum of the Future seeks ideas on new immersive experiences

Fri, 26 Jun 2026

Dubai's Museum of the Future has launched a global open call inviting people in the UAE and around the world to contribute ideas and creative concepts that will help shape its next generation of immersive experiences and future-focused content.

Mideast tensions flare as US launches strikes on Iran after drone attack

Sat, 27 Jun 2026

The US military launched a new series of airstrikes on Friday after Tehran struck a commercial ship in the Strait of Hormuz with a drone, thus presenting a fresh test for the fragile ceasefire, said media reports, even as Israel and Lebanon reached a framework deal for peace.

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