After withstanding higher trade barriers and elevated uncertainty last year, global activity now faces a major test from the outbreak of war in the Middle East, which threatens to disrupt growth, says the latest World Economic Outlook report from IMF.
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Oil prices extended their decline on Wednesday, as cautious optimism over a possible resumption of US-Iran talks eased immediate supply fears, even as underlying risks from the ongoing conflict continued to cap losses.
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Talks aimed at ending the Iran war could resume in Pakistan within the next two days, US President Donald Trump said on Tuesday, raising cautious hopes for a breakthrough even as a fragile ceasefire nears its expiry in the coming days.
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GCC economies are set for a sharp rebound, with growth forecast to reach 8.5% in 2027, according to ICAEW’s latest Economic Insight Q1 2026 report, produced in partnership with Oxford Economics.
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Businesses and investors in Saudi Arabia and the UAE are holding firm on their medium-term strategies despite the current situation in the Middle East, supported by intraregional supply chain redesign and increased use of AI, says an HSBC study.
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For more than a decade, the telecommunications industry has been defined by a single metric: speed. In Saudi Arabia’s rapid digital transformation, speed served as the initial catalyst - connecting cities, enabling services, and laying the foundation for a modern, connected economy.
The Central Bank of Bahrain (CBB) has announced the launch of a loan deferral and liquidity support programme including a set of measures to support Bahrain’s economy and the financial sector.
Luxury property developer Sobha Realty has announced its foray into the Abu Dhabi market with the unveiling of its master-planned community - Sobha City. Spanning 38 million sq ft, it is envisioned as a 'City within a city' featuring a range of residences along with a 2-km waterfront promenade and integrated marina destination.
Kuwait has announced plans to develop six underground reservoirs in Al Na’eem region of the country, each with a capacity of 100 million imperial gallons. The move comes as part of its broader strategy to expand strategic water reserves and ensure supply during peak demand periods.
Saudi Arabia has announced the launch of the Expression of Interest (EoI) phase for the development of the Quality Valley project in Riyadh under a PPP model. The project scope includes the development of the HQ site of Saso in Riyadh and transforming it into a 191,000-sq-m integrated mixed-use masterplan.
Oil prices jumped above $100 a barrel again on Monday as the US Central Command said it will block ships from entering and exiting Iran ports via the Strait of Hormuz.
The US Central Command (CENTCOM) forces will begin implementing a blockade of all maritime traffic entering and exiting Iranian ports today (April 13) at 10 am ET (3 pm GMT and 7pm GST), following President Donald Trump's announcement on Sunday on the action.
Israel's war with Iran incurred 35 billion shekels ($11.52 billion) in budgetary expenses, with 22 billion shekels of that going to defence, the Finance Ministry said on Sunday, citing a preliminary estimate.
Bahrain Real Estate Investment Company (Edamah) is set to begin beach enhancement works at Bilaj Al Jazayer as part of the project's first phase. Spanning over 80,000 sq m, Phase I will deliver a lifestyle-led beachfront, including enhancing the shoreline with shaded walkways, sports and outdoor fitness areas.
Leading UAE developer Aldar has announced the launch of the first phase of Yas Park Place, a new garden-led living concept in the heart of Yas Island, featuring six architecturally-refined mid-rise buildings offering a collection of studios and one- to three-bed residences as well as two-bedroom duplexes.
Oil prices extended their decline on Wednesday, as cautious optimism over a possible resumption of US-Iran talks eased immediate supply fears, even as underlying risks from the ongoing conflict continued to cap losses.
Dubai International Airport has ranked among the world’s busiest airports for international passenger traffic, handling 95.2 million passengers in 2025, reaffirming its position as a key global aviation hub.
AD Ports Group, a leading global enabler of trade, industry and logistics solutions, has signed a framework agreement with the National Company Maritime Ports Administration, the administrator of the Port of Constanța in Romania, to explore strategic investment and development opportunities in the Black Sea’s largest port.
Businesses and investors in Saudi Arabia and the UAE are holding firm on their medium-term strategies despite the current situation in the Middle East, supported by intraregional supply chain redesign and increased use of AI, says an HSBC study.
Rolls-Royce Motor Cars has presented Project Nightingale, a Coachbuild Collection, an extraordinary production concept of an open two-seat motor car that introduces a dramatic new expression of Rolls-Royce design.
Johnson & Johnson has announced a new initiative in the United Arab Emirates aimed at supporting access to liquid biopsy testing for patients diagnosed with metastatic non-small cell lung cancer (NSCLC).
Abu Dhabi Maritime Academy, an integral part of AD Ports Group, has signed a research, development, and operational deployment agreement with Minexx, a technology-enabled mining and mineral processing company operating in the Democratic Republic of Congo.
Dubai’s retail and warehouse sectors demonstrated resilience and growth in 2025, backed by strong fundamentals including record tourism, population boom and e-commerce activity. Both sectors, however, faced tightening supply conditions that shaped market dynamics throughout the year, said a report.
After withstanding higher trade barriers and elevated uncertainty last year, global activity now faces a major test from the outbreak of war in the Middle East, which threatens to disrupt growth, says the latest World Economic Outlook report from IMF.
Cumulocity, a global leader in industrial AIoT, has signed a strategic partnership agreement with Aramco Digital to expand the deployment of its enterprise-grade platform across the region.
Rolls-Royce Motor Cars has presented Project Nightingale, a Coachbuild Collection, an extraordinary production concept of an open two-seat motor car that introduces a dramatic new expression of Rolls-Royce design.
The UK–GCC Strategic Dialogue, originally scheduled to take place on April 14, 2026, at Guildhall in London, will now be held on October 20, 2026.
Talks aimed at ending the Iran war could resume in Pakistan within the next two days, US President Donald Trump said on Tuesday, raising cautious hopes for a breakthrough even as a fragile ceasefire nears its expiry in the coming days.
