3.5% ANNUAL GROWTH

GCC population set to top 83.6 million in 2050, says report

Mon, 20 Jul 2026

The population of the Gulf Cooperation Council (GCC) states is estimated to have reached around 62.8 million in 2025, an average annual growth rate of 3.5% during the 2022-2025 period, according to data issued by the GCC Statistical Center (GCC-Stat).

Read more
XRG RAPIDLY EXPANDING PRESENCE

UAE invests more than $85bn in US energy sector

Mon, 20 Jul 2026

The UAE has invested more than $85 billion in US energy assets across 19 states, supporting power generation, advanced chemicals, and energy infrastructure. The investments have been made through XRG, ADNOC, and Masdar.

Read more
ONE MORE US SOLDIER KILLED

US strikes Iran for ninth night, conflict risks spiralling into wider war

Mon, 20 Jul 2026

The risk of the US-Iran conflict escalating into a broader regional war intensified on Monday after the United States carried out a ninth consecutive night of strikes on Iranian targets, prompting fresh missile attacks by Tehran and raising fears that diplomacy may be losing ground to military confrontation.

Read more
CHINA, SWISS, INDIA TOP PARTNERS

UAE's non-oil foreign trade in H1 surges 13% to nearly AED2 trillion

Sun, 19 Jul 2026

The UAE's non-oil foreign trade surged by 13% during the first half to hit nearly AED2 trillion ($527.5 billion), driven by a surge in exports, said a report. The country’s non-oil exports jumped 24% from a year to hit AED452.8 billion ($123.3 billion), accounting for 23.4% of total non-oil trade.

Read more
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.

Read more

Top This Week

US completes eighth night of Iran strikes after soldiers killed in Jordan

Sun, 19 Jul 2026

The US said it had completed an eighth straight night of attacks against Iran after earlier announcing that two US ​military personnel were killed in Jordan and another was missing following an Iranian attack. In retaliation, Iran's military launched a drone attack targeting US military assets, sauid media reports.

Embraer sees demand for 8,500 new jets worth $650bn by 2045

Sat, 18 Jul 2026

Global demand for smaller commercial jets will remain robust over the next two decades as passenger traffic continues to grow, according to leading Brazilian planemaker Embraer, which has forecast 8,500 new aircraft deliveries worth about $650 billion by 2045.

Kuwait Petroleum facilities damaged in ‘repeated Iranian attacks’

Sat, 18 Jul 2026

Kuwait Petroleum Corporation (KPC) has announced that one of its oil facilities had been hit in "repeated Iranian attacks", causing significant damage and some injuries to firefighters and oil sector workers, according to the state news agency KUNA.

BREAKING: 2 US soldiers killed, 1 missing after Iranian attack on Jordan base

Sat, 18 Jul 2026

Two US service members were killed in action in Jordan and one went missing while defending against Iranian ballistic missile attacks, said media reports citing US CENTCOM. This comes after Iran launched a wave of attacks on US allies in retaliation against seventh day of American military strikes.

Kuwait power, water station hit in Iranian attack, fire reported

Sat, 18 Jul 2026

A power and water desalination station in Kuwait was damaged in an Iranian attack on Saturday, triggering a fire and forcing the temporary shutdown of many units, reported state media. Several firefighters and an worker were injured while battling fires at two sites targeted in the attacks.

Sabic inks project development deal with China’s Rongsheng Petrochemical

Sat, 18 Jul 2026

Global chemical leader Saudi Basic Industries Corporation (Sabic) has signed an agreement with China’s Rongsheng Petrochemical and its wholly-owned subsidiary Zhoushan to jointly advance the development of the Jintang New Materials Project in Zhoushan, Zhejiang Province, China.

Iraq, Syria sign deal to rebuild cross-border oil pipeline

Sat, 18 Jul 2026

Iraq and Syria have signed an agreement to rehabilitate the crude oil pipeline linking Haditha in Iraq with Baniyas in the war-ravaged country, reported the Iraqi News Agency (INA). A vital project for the region, it is likely to be implemented by US energy company Chevron.

Kuwait Airways reschedules flights as airport suspends flight operations

Sat, 18 Jul 2026

Kuwait Airways announced on Saturday that most of its scheduled commercial flights had been rescheduled after Kuwait International Airport temporarily suspended take-off and landing operations because of the security situation stemming from ongoing Iranian attacks.

Iran warns of full-scale offensive after US intensifies strikes

Sat, 18 Jul 2026

Iran launched renewed attacks on US Gulf allies on Saturday after the United States completed a seventh consecutive night of strikes targeting Iranian military infrastructure, marking a sharp escalation one week after a fragile ceasefire collapsed, said media reports.

AtkinsRéalis named lead design, supervision consultant for Sphere Abu Dhabi

Mon, 20 Jul 2026

AtkinsRéalis has announced that it has been appointed as lead multidisciplinary design and supervision consultant for UAE’s ambitious Sphere Abu Dhabi project, responsible for overall design co-ordination across architecture, structural engineering and specialist immersive technologies.

Energy firms reach export highs but remain cautious on market expansion: EIC report

Mon, 20 Jul 2026

Energy suppliers recorded record overseas revenues in 2025, with exports accounting for 57 per cent of income. However, companies remain cautious on entering new markets, relying instead on established international operations for growth, according to the latest Survive and Thrive report by the Energy Industries Council (EIC).

Al Naboodah Travel partners with QuadLabs to drive digital travel transformation

Mon, 20 Jul 2026

Al Naboodah Travel & Tourism Agencies (ATTA), a UAE-based travel management company, has partnered with global travel technology provider QuadLabs to accelerate its digital transformation and launch next-generation travel platforms.

Dubai Future District Fund boosts AI, PropTech investments

Mon, 20 Jul 2026

Dubai Future District Fund (DFDF) has announced eight new investment commitments during 2025, expanding its portfolio to 30 investments comprising 11 venture capital funds and 19 high-growth startups. It also broadened its investments across priority sectors such as PropTech and AI.

AI hiring gains pace in Gulf, though most industries lag

Thu, 16 Jul 2026

The share of professional job vacancies in the Gulf requiring artificial intelligence (AI) skills has nearly tripled over the past four years, but for much of the region's economy the technology has yet to make a meaningful impact on hiring, according to data from Middle East recruitment platform GulfTalent.

43 superyachts delivering in 2026 head for Monaco Yacht Show

Mon, 20 Jul 2026

The Monaco Yacht Show today announced the first official list of superyachts confirmed for its 35th edition (September 23–26, Port Hercule) with the fleet expected to reach 120 yachts by opening day.

Burjeel Medical City, Roswell Park launch tie-up for thoracic cancer care

Fri, 17 Jul 2026

Burjeel Medical City (BMC), the flagship facility of Burjeel Holdings, has entered into a clinical and academic collaboration with New York-based Roswell Park Comprehensive Cancer Center, a US National Cancer Institute-designated Comprehensive Cancer Center, to establish a specialised thoracic surgery programme in the UAE.

AI hiring gains pace in Gulf, though most industries lag

Thu, 16 Jul 2026

The share of professional job vacancies in the Gulf requiring artificial intelligence (AI) skills has nearly tripled over the past four years, but for much of the region's economy the technology has yet to make a meaningful impact on hiring, according to data from Middle East recruitment platform GulfTalent.

Cenomi Centers boosts funding for landmark Riyadh lifestyle project

Thu, 16 Jul 2026

Saudi-based Cenomi Centers has announced that the developer of its Westfield Riyadh project had secured SAR2.7 billion ($720 million) in finance from Riyad Bank which it will use to fund the lifestyle development's remaining construction costs, including a VIP lounge, a luxury retail wing and tenant fit-out support.

Islamic banking In Bahrain: Consolidation brings efficiency

Mon, 20 Jul 2026

Growth of Islamic banking assets in Bahrain has generally averaged about 9%-10% over the last five years, which is faster than that of conventional retail assets, which averaged 5%-6% over the same period, says an S&P Global Ratings report.

e& UAE and Core42 partner to deliver sovereign AI infrastructure at scale

Mon, 20 Jul 2026

e& UAE and Core42, a G42 company specialising in sovereign cloud, AI infrastructure and digital services, today announced a partnership to deliver Sovereign AI Compute, giving organisations in the UAE and international markets immediate and secure access to in-country AI infrastructure for faster deployment of AI applications and use cases.

FREELANDER 8 reveals colours, brings smart valet parking

Thu, 16 Jul 2026

FREELANDER, a British premium intelligent all-terrain brand co-developed by Chery and Jaguar Land Rover, has unveiled the full exterior colour palette of the FREELANDER 8 and introduced its Super Intelligent Valet Parking (SIVP).

Abu Dhabi Showdown Week kicks off with action-packed fan experiences

Mon, 20 Jul 2026

UFC, the world's premier mixed martial arts organisation, in partnership with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), is kicking off Abu Dhabi Showdown Week on Yas Island with an action-packed programme of fan experiences, athlete appearances and live events ahead of UFC Fight Night: Ankalaev vs Guskov at Etihad Arena on Saturday (July 25).

Bahrain says Iranian drone attack targeted civil aviation infrastructure

Mon, 20 Jul 2026

Bahrain's civil air navigation infrastructure came under hostile drone attack during Iran's assault on the kingdom, but air operations remain unaffected, said a report, citing senior officials. All flights, including those transiting the Bahrain Flight Information Region, continue to operate normally, they added.

Gulf Construction

Calendar of Events

Weather

Weather Data Source: wetterlang.de