GREATER MARKET ACCESS SEEN

UAE-Russia Trade in Services and Investment Agreement enters into force

Sun, 23 Aug 2026

The Trade in Services and Investment Agreement (TISIA) between the United Arab Emirates and the Russian Federation has officially entered into force, marking a significant advancement in bilateral economic relations.

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Global investors representing $14trn in AUM head to LEAP 2026

Sun, 23 Aug 2026

LEAP returns to Riyadh from August 31 to September 3 for its fifth edition, with more than 1,000 investors from over 900 firms representing $14.3 trillion in combined assets under management confirmed to attend, reinforcing Riyadh's growing position as a global destination for technology investment.

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1,500MW COMBINED CAPACITY

Saudi Energy signs three battery storage deals worth $867m

Sun, 23 Aug 2026

Saudi Energy Company has signed three Storage Services Agreements with the Saudi Power Procurement Company (SPPC) for the development of battery energy storage projects with a combined capacity of 1,500MW/6,000MWh across Saudi Arabia.

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'WILL NEUTRALISE ECONOMIC WAR'

As US sanctions loom, Iran threatens to shut Strait of Hormuz

Sun, 23 Aug 2026

As the world awaits details of a potentially punishing new round of US sanctions against Iran, Tehran has warned that it could shut the Strait of Hormuz and halt all oil shipments through the Arabian Gulf if neighbouring countries join President Donald Trump’s economic campaign against it.

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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

Dubai real estate investment tops $30bn in H1, up 52%

Thu, 20 Aug 2026

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%.

Uber launches Baidu’s fully driverless Apollo Go cars in Dubai

Thu, 20 Aug 2026

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.

Qatar Airways equips 150 widebody aircraft with Starlink

Thu, 20 Aug 2026

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.

Aecom named lead consultant for mega UAE residential community

Thu, 20 Aug 2026

Aecom has been appointed as the lead consultant for infrastructure design peer review and construction supervision for Phase I of the Al Dhaher Development, an integrated residential community project in Al Ain featuring more than 2,300 villas as well as retail, sports and religious facilities.

Saudi Air Connectivity Program, Saudia boost seat capacity to US, China

Thu, 20 Aug 2026

Saudi Air Connectivity Program (ACP), in collaboration with Saudia, has announced an increase in seat capacity across several international routes in 2026.

DP World accelerates contract logistics with new warehouse in Malaysia

Thu, 20 Aug 2026

DP World today announced the opening of its latest warehouse in Johor, Malaysia, marking another milestone in the expansion of its integrated logistics network across Southeast Asia.

UAE rejects rumours over visa cancellations, Iran funding

Thu, 20 Aug 2026

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.

Discover Abu Dhabi Festival in Moscow showcases culture, hospitality

Thu, 20 Aug 2026

The Discover Abu Dhabi Festival opened at Manezhnaya Square in Moscow on Wednesday, showcasing the culture, heritage, and hospitality of the UAE capital.

Trump threatens to 'punish' countries doing business with Iran

Thu, 20 Aug 2026

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.

SARCO wins $26.6m education company construction works

Sun, 23 Aug 2026

Saudi Arabian Refineries Company (SARCO) has announced that Raya Al-Tajdeed Contracting Company, 35%-owned by SARCO, has entered into a contract with a multinational education company to carry out construction works in the city of Riyadh.

Oman's Q2 revenues rise 13% to reach $17.17bn on higher oil income

Sun, 23 Aug 2026

Oman's public revenues recorded a 13 % increase by the end of the second quarter of 2026, reaching approximately OMR6.602 billion ($17.17 billion), compared to approximately OMR5.839 billion during the corresponding period of the previous year.

Tarco Aviation launches weekly Qassim–Khartoum flight

Sun, 23 Aug 2026

Cluster2 Airports, operator of Prince Naif bin Abdulaziz International Airport in Qassim, has announced the launch of Tarco Aviation’s first flight to Khartoum, with one weekly one-way service.

UAE-Russia Trade in Services and Investment Agreement enters into force

Sun, 23 Aug 2026

The Trade in Services and Investment Agreement (TISIA) between the United Arab Emirates and the Russian Federation has officially entered into force, marking a significant advancement in bilateral economic relations.

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.

Mazad brings new curated collection of high-end luxury to auction

Wed, 19 Aug 2026

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.

Brain receptors function as natural brake to halt chronic pain, study finds

Wed, 19 Aug 2026

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.

Sarco unit lands construction contract for school projects in Riyadh

Thu, 20 Aug 2026

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.

Zain Bahrain seals partnership deal with Sharaf DG

Sat, 22 Aug 2026

Zain Bahrain, a leading telecom services company in the kingdom, has signed a partnership deal with Sharaf DG Bahrain to enable its customers to purchase products through convenient installment vouchers. The partnership offers customers greater choice, flexibility and access to a broader range of products.

Oman's Q2 revenues rise 13% to reach $17.17bn on higher oil income

Sun, 23 Aug 2026

Oman's public revenues recorded a 13 % increase by the end of the second quarter of 2026, reaching approximately OMR6.602 billion ($17.17 billion), compared to approximately OMR5.839 billion during the corresponding period of the previous year.

Global investors representing $14trn in AUM head to LEAP 2026

Sun, 23 Aug 2026

LEAP returns to Riyadh from August 31 to September 3 for its fifth edition, with more than 1,000 investors from over 900 firms representing $14.3 trillion in combined assets under management confirmed to attend, reinforcing Riyadh's growing position as a global destination for technology investment.

Uber launches Baidu’s fully driverless Apollo Go cars in Dubai

Thu, 20 Aug 2026

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.

Exhibition World Bahrain wins 'Best Venue More Than 10,000 sq m' award

Fri, 21 Aug 2026

Exhibition World Bahrain (EWB) has been named “Best Venue More Than 10,000 sq m” at the Middle East Event Awards 2026, further cementing its position as one of the region’s leading destinations for exhibitions, conferences, conventions, and major events.

As US sanctions loom, Iran threatens to shut Strait of Hormuz

Sun, 23 Aug 2026

As the world awaits details of a potentially punishing new round of US sanctions against Iran, Tehran has warned that it could shut the Strait of Hormuz and halt all oil shipments through the Arabian Gulf if neighbouring countries join President Donald Trump’s economic campaign against it.

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