5GW CAPACITY FACILITY

Largest AI campus outside of US to open in Abu Dhabi this year

Fri, 05 Jun 2026

The first phase of the UAE-US AI Campus in Abu Dhabi is expected to become operational before the end of this year, marking a significant milestone in the UAE's drive to establish itself as a global hub for artificial intelligence infrastructure and advanced computing.

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KEY TALKS WITH US OFFICIALS

UAE's $1.4trn US investment plan progresses ahead of schedule

Fri, 05 Jun 2026

The UAE's $1.4 trillion investment programme in the United States is progressing ahead of schedule, with officials highlighting advances in AI infrastructure, energy projects and manufacturing investments during talks in Washington this week.

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HIH-LEVEL TEAM FOR LONDON EVENT

ADX listed firms prove resilience, post $13bn profit in Q1

Fri, 05 Jun 2026

Abu Dhabi Securities Exchange (ADX)-listed companies reported AED48 billion ($13.1 billion) in profits in Q1 2026, up 17% year-on-year, while AED66.2 billion in dividends have been announced to date this year, reinforcing the market’s depth, resilience, and shareholder value, said a senior official.

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66,900 SALES in 5 MONTHS

Dubai’s residential property sector softens in May says report

Fri, 05 Jun 2026

Dubai’s residential property sector continued to soften in May, with sales activity easing across the both the off-plan and ready sectors, shows news data from Cavendish Maxwell.

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COMMENT

Bahrain's resilience and resolution

Tue, 02 Jun 2026

His Majesty King Hamad’s statement during yesterday’s Cabinet session: ‘You were the nation’s strength in times of war, and you remain its enduring strength in times of peace’ was not merely praise for citizens’ stance during an exceptional period.

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Top This Week

Four reasons why Abu Dhabi is driving UAE real estate in 2026

Thu, 04 Jun 2026

Abu Dhabi is entering a pivotal phase in its real estate journey, emerging as one of the UAE’s most compelling destinations for both end users and investors heading into 2026.

Dubai charts roadmap for new era of tourism growth

Thu, 04 Jun 2026

As Dubai looks to build on its record tourism growth, the emirate is intensifying efforts to sustain visitor pipelines, reinforce its reputation as one of the world's safest and most reliable travel destinations, and keep itself firmly on travellers' radar across key global markets.

MAG Group plans $544m new real estate project in Dubai

Thu, 04 Jun 2026

MAG Group Holding plans to announce a new real estate project called ‘MAG Square’ within the next two weeks, with a market value of up to AED2 billion ($544.59 million), said Moafaq Ahmad Al Gaddah, Founder and Chairman of MAG Group Holding.

Israel-Lebanon ceasefire agreement boosts hopes for US-Iran talks

Thu, 04 Jun 2026

A ceasefire agreement between Israel and Lebanon has raised hopes of a broader diplomatic breakthrough that could help bring an end to the ongoing US-Israeli conflict with Iran, even as conflicting signals emerged over the state of negotiations between Washington and Tehran.

Kepco secures $1.4bn Saudi cogeneration project from Aramco

Wed, 03 Jun 2026

Korea Electric Power Corporation (Kepco) has announced that it has secured contracts worth $1.4 billion from Saudi oil giant Aramco for the construction and operation of the second phase of the kingdom’s Jafurah cogeneration power plant which, on completion, will boast a 331MW capacity.

One Indian national killed, 63 injured in attack on Kuwait airport

Wed, 03 Jun 2026

One Indian national was killed and 63 people were injured following Iranian missile and drone attacks on the Kuwait International Airport in the early hours of Wednesday, according to reports.

Saudi economy stays resilient despite disruption of momentum: IMF

Wed, 03 Jun 2026

The Saudi economy is proving resilient in the face of the war in the Middle East thanks to strong fundamentals and diversified logistical and oil infrastructure, said an International Monetary Fund (IMF) mission statement.

ADX, Fintech. TV to launch financial news studio inside stock exchange

Wed, 03 Jun 2026

Fintech. TV, the global broadcasting platform for entrepreneurs and investors headquartered at the New York Stock Exchange, and the Abu Dhabi Securities Exchange (ADX) Group on Wednesday announced a landmark studio partnership that will establish the MENA region’s first international financial news studio reporting “live” from a stock exchange.

Jazeera Airways resumes flights from Kuwait airport's Terminal 5

Wed, 03 Jun 2026

Kuwait-based Jazeera Airways has announced the resumption of its flights from and to the Jazeera Terminal 5 (T5) following a temporary closure earlier today.

Saudi Energy commissions world’s largest 2.5GW grid BESS storage project

Sat, 06 Jun 2026

Saudi Energy (formerly Saudi Electricity Company) said it has commissioned the world’s largest grid-side grid-forming Battery Energy Storage System (BESS) project with a total installed capacity of 2.5GW, utilising BYD’s advanced energy storage technology across five strategic locations in Saudi Arabia.

Saudi Energy commissions world’s largest 2.5GW grid BESS storage project

Sat, 06 Jun 2026

Saudi Energy (formerly Saudi Electricity Company) said it has commissioned the world’s largest grid-side grid-forming Battery Energy Storage System (BESS) project with a total installed capacity of 2.5GW, utilising BYD’s advanced energy storage technology across five strategic locations in Saudi Arabia.

Kuwait resumes air navigation after temporary airspace closure

Sat, 06 Jun 2026

Kuwait reopened its airspace on Saturday after a temporary closure imposed as a precautionary measure following Iran's ballistic missile attacks on the country. During the temporary closure, 11 Kuwait Airways and Jazeera Airways flights were diverted to neighbouring airports to maintain the safety of passengers and crews.

UAE's $1.4trn US investment plan progresses ahead of schedule

Fri, 05 Jun 2026

The UAE's $1.4 trillion investment programme in the United States is progressing ahead of schedule, with officials highlighting advances in AI infrastructure, energy projects and manufacturing investments during talks in Washington this week.

Four reasons why Abu Dhabi is driving UAE real estate in 2026

Thu, 04 Jun 2026

Abu Dhabi is entering a pivotal phase in its real estate journey, emerging as one of the UAE’s most compelling destinations for both end users and investors heading into 2026.

First Avenue consortium secures $533m Makkah development project

Mon, 01 Jun 2026

A consortium comprising First Avenue for Real Estate Development Company, Dar Al Majed Real Estate Company (Al Majdiah) and Rekaz Real Estate Company has secured a key contract for the development of the East Hindawiyah District Project in Makkah.

World Environment Day 2026 focuses on urgent climate action

Fri, 05 Jun 2026

With global temperatures at near-record levels and El Nino set to return, governments, businesses, communities, and individuals across the world marked World Environment Day on June 5, sounding the alarm on the need to urgently address climate change.

BIBF achieves the highest BQA rating across academic programmes

Wed, 03 Jun 2026

The Bahrain Institute of Banking and Finance (BIBF) has achieved a significant milestone, with all of its Bachelor’s and Master’s programmes reviewed by the Bahrain Education & Training Quality Authority (BQA) receiving a “Confidence” rating, the highest judgement awarded by the Authority for academic programme.

60-day carnival: Dubai Summer Surprises to return from July 2 to Aug 30

Tue, 02 Jun 2026

The countdown to Dubai Summer Surprises (DSS) 2026 has officially begun, with Dubai Festivals and Retail Establishment (DFRE) encouraging residents and visitors alike to take part in the various events of the city’s favourite summer festival, which returns from July 2 to August 30.

UAE's $1.4trn US investment plan progresses ahead of schedule

Fri, 05 Jun 2026

The UAE's $1.4 trillion investment programme in the United States is progressing ahead of schedule, with officials highlighting advances in AI infrastructure, energy projects and manufacturing investments during talks in Washington this week.

Largest AI campus outside of US to open in Abu Dhabi this year

Fri, 05 Jun 2026

The first phase of the UAE-US AI Campus in Abu Dhabi is expected to become operational before the end of this year, marking a significant milestone in the UAE's drive to establish itself as a global hub for artificial intelligence infrastructure and advanced computing.

Dubai Taxi Company in deal to boost mobility services in Ajman

Mon, 01 Jun 2026

Dubai Taxi Company (DTC) has signed an agreement with AJ Industries, an expert in sustainable and innovative automotive solutions in Ajman, in bid to scale its operational expertise, digital platforms and e-hailing capabilities to support the mobility ecosystem in the emirate.

Manchester City Football Group value exceeds $8bn now, says Chairman

Fri, 05 Jun 2026

The value of Manchester City Football Club has grown to $8 billion today from around $120 million in 2008, when it was acquired by UAE investors, Khaldoon Al Mubarak, Chairman of Manchester City Football Club, has revealed.

Bahrain intercepts Iranian missiles, slams attacks on Kuwait

Sat, 06 Jun 2026

Bahrain announced on Saturday that its air defences intercepted Iranian missiles, while strongly condemning Iranian attacks targeting the Kingdom of Bahrain and the State of Kuwait earlier in the day.

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