DIVERSIFYING INTERNET ACCESS

UAE grants Starlink licence to offer satellite internet services

Fri, 28 Aug 2026

The UAE's Telecommunications and Digital Government Regulatory Authority (TDRA) has granted Starlink Satellite Communications a 10-year General Space Services License, authorising the company to establish, operate, and manage a public satellite communications network and provide broadband satellite internet services in the UAE.

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ABU DHABI TRANSACTION UP 112%

UAE real estate sector posts strong performance in H1, foreign investment up

Fri, 28 Aug 2026

The UAE real estate sector maintained strong performance during the first half of 2026, supported by growing investment demand, expanding development activity and a diversified investor base, according to data released by real estate authorities.

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IRAN DEMANDS CONDITIONS BE MET

Qatar presses Iran for pre-war Hormuz freedom of navigation

Fri, 28 Aug 2026

Qatar stepped up regional mediation efforts on Thursday, with Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani pressing Iran to restore freedom of navigation through the Strait of Hormuz, even as Tehran insisted that reopening the strategic waterway would depend on conditions being met by the United States.

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CRISIS LOOMS AS LAKES THREATEN TO BURST

Over 350 dead, 1,000 missing after deadly flash floods hit China, Nepal

Thu, 27 Aug 2026

Nearly 362 people were killed and over 1,300 missing - including 700 foreigners - after flash flooding hit China and Nepal, destroying villages and infrastructure, said media reports. Rescue operations are on but officials said lack of connectivity, power and resources was posing a big challenge.

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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 International welcomes 31.5m passengers in H1, traffic improves in Q2

Wed, 26 Aug 2026

Dubai International (DXB) welcomed 31.5 million guests during the first six months of 2026, as airline capacity continued to return and demand strengthened through the second quarter following one of the most challenging operating environments in the airport's history.

Trump sends US-Saudi civil nuclear deal to Congress for review

Wed, 26 Aug 2026

US President Donald Trump has formally submitted a proposed civil nuclear cooperation agreement with Saudi Arabia to Congress, setting in motion a 90-day review period for a pact that would give US companies a major role in developing the kingdom’s nuclear power programme.

Iran, Oman propose temporary Strait of Hormuz corridor, China rejects US sanctions

Wed, 26 Aug 2026

Iran and Oman have agreed to pursue a temporary shipping corridor through the Strait of Hormuz and launch efforts to clear mines from the strategic waterway, in the latest diplomatic push to restore the flow of vessels through the Strait.

Dubai tops global creative industry FDI ranking, attracts $3.76bn

Wed, 26 Aug 2026

Dubai ranked first globally, ahead of London, Singapore, Riyadh and Bengaluru among 233 cities, for the number of new foreign direct investment (FDI) projects in the cultural and creative sectors for a fourth consecutive year in 2025, attracting 754 projects, said a report.

Supply chain rerouting, diversification reinforce Saudi status as logistics hub

Tue, 25 Aug 2026

Strong investor confidence, a strategic realignment of regional trade flows, and sustained momentum toward Vision 2030’s industrial diversification goals have reinforced Saudi Arabia’s position as a critical and resilient logistics hub, according to a JLL report.

ADIB’s board approves $476m rights issue to support Vision 2035 ambitions

Tue, 25 Aug 2026

The Board of Directors of Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has approved a proposal to raise AED1.75 billion ($476.46 million) through a rights issue, subject to obtaining the necessary shareholder and regulatory approvals, including approval from the Central Bank of the UAE.

Oman, Iran discuss safe navigation through the Strait of Hormuz

Tue, 25 Aug 2026

Omani Foreign Minister Sayyid Badr bin Hamad Al Busaidi on Tuesday held constructive consultations with his Iranian counterpart Dr Seyed Abbas Araghchi in Tehran, Oman News Agency reported.

Wynn Al Marjan Island launches exclusive Townhomes

Tue, 25 Aug 2026

Wynn Al Marjan Island, a much-anticipated destination resort located in Ras Al Khaimah, today announced Townhomes, one of the resort's most exclusive accommodation offerings, located within Enclave, Wynn Al Marjan Island's boutique hotel.

Saudi Arabia to invest $7bn in three theme parks near Paris

Tue, 25 Aug 2026

Saudi Arabia is set to invest about €6 billion ($7 billion) in the development of three theme parks near Paris, in one of the kingdom’s latest major overseas investments through its Public Investment Fund-backed entertainment sector.

UAE real estate sector posts strong performance in H1, foreign investment up

Fri, 28 Aug 2026

The UAE real estate sector maintained strong performance during the first half of 2026, supported by growing investment demand, expanding development activity and a diversified investor base, according to data released by real estate authorities.

Sewa plans key investment in Sharjah gas network expansion

Fri, 28 Aug 2026

Sharjah Electricity, Water and Gas Authority (Sewa) is implementing a package of projects that will see the upgrade of its natural gas network across the emirate. These include the Al Hamah Gas Transmission Line Project, Al Muwardah 6 and Al Qutaina 3 Gas projects.

Etihad's Huda Al Musallami becomes first Emirati woman training captain

Fri, 28 Aug 2026

Etihad Airways has announced that Captain Huda Al Musallami has made national aviation history, becoming the first Emirati woman to qualify as a training captain in the UAE.

Sewa plans key investment in Sharjah gas network expansion

Fri, 28 Aug 2026

Sharjah Electricity, Water and Gas Authority (Sewa) is implementing a package of projects that will see the upgrade of its natural gas network across the emirate. These include the Al Hamah Gas Transmission Line Project, Al Muwardah 6 and Al Qutaina 3 Gas projects.

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.

Dubai luxury project targets certification for electromagnetic exposure

Thu, 27 Aug 2026

EYWA Way of Water, a waterfront residential project featuring 65 luxury residences in Dubai's Business Bay district, is targeting certification for electromagnetic exposure alongside top international wellness and sustainability standards. The premium development is due for completion in 2028.

UAE's 1,180 schools to welcome 1.277m students to new academic year

Wed, 26 Aug 2026

Over 1,180 public and private schools across the UAE will reopen their doors on August 31 for the 2026-2027 academic year, welcoming more than 1.277 million students, it was revealed at a press conference on Wednesday held by the Ministry of Education.

Apple unveils more powerful Mac Mini, Mac Studio

Tue, 25 Aug 2026

Apple on Tuesday announced the new Mac mini with the all-new M6 and powerful M5 Pro and the new Mac Studio, featuring M5 Max and the all-new M5 Ultra.

ADIB unveils Marriott Bonvoy co-branded Visa cards for UAE travellers

Thu, 27 Aug 2026

Abu Dhabi Islamic Bank (ADIB), Marriott Bonvoy and Visa have launched two co-branded credit cards in the UAE, targeting travellers seeking rewards and premium lifestyle benefits.

UAE grants Starlink licence to offer satellite internet services

Fri, 28 Aug 2026

The UAE's Telecommunications and Digital Government Regulatory Authority (TDRA) has granted Starlink Satellite Communications a 10-year General Space Services License, authorising the company to establish, operate, and manage a public satellite communications network and provide broadband satellite internet services in the UAE.

Wallan Trading launches new Hyundai Venue in Saudi Arabia

Mon, 24 Aug 2026

Wallan Trading Company, the official distributor of Hyundai vehicles in the Central and Northern regions of Saudi Arabia, has unveiled its all new Hyundai 'Venue' - a compact crossover that combines contemporary design, advanced technology and everyday practicality - in the kingdom.

The Bench rebrands key residences forum as ‘FHS Living’

Tue, 25 Aug 2026

The Bench, the organiser of Future Hospitality Summit (FHS) series, has announced that its key event - Branded Residences Forum (BRF) - is being renamed as ‘FHS Living’, thus bringing branded residences together with seven other living asset classes under a single, expanded platform.

Qatar presses Iran for pre-war Hormuz freedom of navigation

Fri, 28 Aug 2026

Qatar stepped up regional mediation efforts on Thursday, with Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani pressing Iran to restore freedom of navigation through the Strait of Hormuz, even as Tehran insisted that reopening the strategic waterway would depend on conditions being met by the United States.

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