Iran said on Monday it wanted a lasting end to the war with the US and Israel, and pushed back against pressure to swiftly reopen the Strait of Hormuz under a temporary ceasefire as the Americans and the Iranians weighed a framework plan to cease ​their five‑week-old conflict.
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The Gulf’s business community remained resilient in March, with new data from Sovereign PPG Corporate Services revealing that company formation and structuring accounted for 55% of all its client activity in March, up from 42% in January and 48% in February, highlighting sustained confidence despite ongoing regional tensions.
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The Strait of Hormuz crisis threatens global stability, food security, and the foundational principles of international law, said Bahrain's Minister of Foreign Affairs, calling for urgent international action.
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Oil prices climbed on Monday as markets reacted to US President Donald Trump's threat of further action against Iran and set a Tuesday evening deadline linked to the reopening of the Strait of Hormuz.
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In a historic first, the UAE has become one of the world’s top 10 exporting countries, reported state news Agency Wam, citing the latest figures from World Trade Organisation (WTO). The country’s goods and services trade has increased from $949 billion in 2021 to $1.637 trillion last year.
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Bahrain's Ministry of Interior announced early today that four civilians sustained minor injuries and a number of homes in Sitra area were damaged as a result of falling debris caused by the interception and destruction of an Iranian drone.
Saudi-based Al Ramz Real Estate Company has announced plans to set up a shariah-compliant real estate investment fund, aimed at developing a key residential project in Jeddah. Located within the Al Firdous district, the integrated community development will boast 900 residential units as well as key amenities.
Two US ​warplanes were downed over Iran, said media reports, with two pilots rescued and a third still missing and being hunted ‌by Tehran's forces. The incidents show the risks still faced by US jets over Iran despite assertions from President Donald Trump that their forces had total control of the skies.
Abu Dhabi authorities said they responded to two incidents of falling shrapnel at the Habshan gas facilities and the Ajban area, following successful interception by air defence systems.
The Dubai real estate market recorded 47,996 sales transactions worth AED176.7 billion ($48.11 billion) in Q1 2026, a 5.5% year-on-year increase in volume and a 23.4% rise in value, as the property sector showed strong resilience in March.
Abu Dhabi has taken a major step toward transforming how disease is detected, prevented and treated, with the inauguration of the Abu Dhabi Biobank, a platform that connects biological samples with genomic, lifestyle and clinical data to enable earlier action and more personalised care.
Dubai Chambers recently organised a meeting with the Ambassador of India to the UAE to discuss ways to strengthen bilateral relations and advance trade and investment ties between Dubai and India.
US Army chief of staff and two other generals were sacked by US Defense Secretary Pete Hegseth on Thursday, amid the war with Iran.
US President Donald Trump on Thursday warned the US military will destroy bridges and electric power plants in Iran, even as the world awaited an end to the conflict.
The Makkah Buildex 2026 exhibition, which concluded this week, featured some of the leading players in the construction and real estate sectors showcasing the vast opportunities for private players as well as in modern building materials and engineering technologies.
IEP Process Solutions, a leader in analytical solutions and a subsidiary of the Centena Group, has secured a multi-million-dirham contract to supply advanced analyser systems for a strategic utilities project supporting industrial operations in Abu Dhabi.
Kuwait Airways has announced that it will continue operating its scheduled flights despite the current circumstances, and resume its operations to Manila, Philippines commencing 8 April 2026.
His Majesty King Hamad bin Isa Al Khalifa and His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, have congratulated Nabeel Khalid Kanoo on his election as Chairman of the Bahrain Chamber of Commerce and Industry (BCCI).
Saudi-based Middle East Specialised Cables Company has announced that it has signed an addendum to a credit facilities agreement with Al Inmaa Bank, thus increasing the total facility to SAR250 million ($66.7 million) from SAR150 million ($40 million). The amended facility will run until August 31, 2028.
UAE-based Mira Developments has unveiled Richmond District, a new branded residential development within the Al Furjan community in Dubai, that brings together five residential towers, an office tower and a shared podium designed around water, wellness and everyday convenience.
The installed renewable energy capacity has exceeded 7.7 gigawatts (GW), with projects under development expected to raise total capacity to more than 23 GW by 2031, a WAM news agency report said.
Bain & Company, a global consultancy, has announced the appointment of Eric Beranger-Fenouillet as the managing partner for its Middle East business. Based in UAE, he will lead the firm across the region, with a focus on helping clients deliver complex transformation agendas.
Majid Al Futtaim, a leading shopping mall developer and retail and leisure pioneer in the region, said it is deepening its strategic alliance with Alshaya Group, one of the world’s leading brand franchise operators, for a bold new wave of store openings across its regional portfolio.
A ministerial committee will assess the economic impact of the hostile Iranian aggression on Bahrain, implementing appropriate measures to support national employment and economic growth.
Cisco, a global leader in networking and security, has appointed Bader Almadi as Vice President, Cisco Saudi Arabia.
Batic Investment and Logistics Company has announced that its wholly-owned unit Saudi Transport and Investment Company (Mubarrad) had reached an agreement to acquire 90 MAN truck heads from Haji Husein Alireza & Co. Ltd., as part of efforts to modernise its fleet.
The second edition of Abu Dhabi Infrastructure Summit (ADIS) kicks off in May this year at the ADNEC Centre, anchored by the emirate's $57 billion infrastructure pipeline spanning housing, transport, culture, education, and social infrastructure, said the event organisers.
The Dubai Chapter of the Institute of Chartered Accountants of India (ICAI) has elected a new Executive Committee for the year, with Rishi Chawla assuming charge as Chairman.
