Oil prices rose further on Tuesday as renewed Houthi attacks on Saudi Arabia added to growing concerns over energy supplies, with Brent crude gaining $1.58 to $107.30 a barrel and US West Texas Intermediate (WTI) rising $1.64 to $103.
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Expo 2030 Riyadh and Mohammed Al Habib Real Estate Company (MAHR) have signed an SAR3.2 billion ($853 million) joint venture agreement for the development and delivery of the Expo Village, the residential community for Expo 2030 Riyadh.
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Artificial intelligence (AI) offers emerging markets significant opportunities, but also poses serious risks, said a report, highlighting the need to seize opportunities across three fronts - building digital infrastructure, data ecosystems and investing in skills - to avoid relegation to the margins of the future AI-enabled economy.
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Regional diplomatic efforts to ease the crisis around the Strait of Hormuz appeared to stall on Monday after a meeting between Iran and other Gulf countries was postponed, as fresh attacks on shipping and Saudi Arabia's closure of a key oil pipeline heightened concerns over global energy supplies.
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International developer VA Group has announced that it has secured long-term land rights in Oman’s historic Muttrah waterfront, to develop an 18.5-hectare mixed-use project, featuring a mix of residences, leisure and retail facilities within the Port Sultan Qaboos Waterfront Masterplan.
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Iran-aligned Houthi forces have seized the strategically vital Perim Island at the entrance to the Bab el-Mandeb Strait, potentially giving Tehran-backed fighters a powerful position over one of the world's key maritime chokepoints and threatening to further disrupt global shipping and energy supplies.
Qatar Airways will expand its global network to more than 170 destinations during the 2026-2027 winter season, reflecting the airline’s network growth and reinforcing its position as a leader in global connectivity.
stc group, a leading digital enabler, and Astranis today announced an agreement to deploy a dedicated satellite serving Saudi Arabia.
Dubai Healthcare City (DHCC) has marked the groundbreaking of Dubai Creek Gardens, an AED3 billion ($816.88 million) master-planned residential development by Global Partners Ltd in DHCC Phase 2.
The UAE has announced plans to invest €40 billion in Germany across a number of sectors that represent strategic and development priorities for both countries. These include industry, advanced technology, artificial intelligence, digital infrastructure and energy.
Oil prices surged to their highest levels since May on Friday as the widening US-Iran conflict and a rapid Houthi advance in Yemen raised fears of a prolonged disruption to global crude supplies through the two strategic waterways of Hormuz and Bab al-Mandeb.
Dubai Healthcare City (DHCC) has announced the groundbreaking of its AED3 billion ($816 million) master-planned residential development - Dubai Creek Gardens - which on completion will boast over 1,400 residences alongside curated retail and dining offerings.
Qatar-based Estithmar Holding said one of its key units has secured a SAR829 million ($221 million) mechanical package for the Prince Mohammed Bin Salman Stadium in Qiddiya City, a flagship Saudi giga-project and a designated venue for FIFA World Cup 2034. The scope of work includes building management system and HVAC services.
Abu Dhabi-based International Holding Company (IHC) and India’s Adani Group have signed a memorandum of understanding (MoU) with the Government of Odisha for 14 projects covering trade and the development of a port, with an investment outlay of $22 billion (IN₹2,10,500 crore).
Roads and Transport Authority (RTA) will host the first RailX Dubai Conference and Exhibition next year, bringing together over 5,000 participants, including government officials, industry executives and investors, to discuss rail infrastructure, investment and emerging mobility technologies.
MAIRE’s Nextchem, through Stamicarbon, has secured a €125 million ($144 million) technology package for SABIC Agri-Nutrients’ SAN-7 fertiliser project in Al Jubail, Saudi Arabia. The deal covers licensing, process design and proprietary equipment supply using NX STAMI Urea technology.
Emirates Skywards, the loyalty programme of Emirates and flydubai, is offering members the chance to earn double Skywards Miles on eligible flights across both airlines’ global networks.
Roads and Transport Authority (RTA) will host the first RailX Dubai Conference and Exhibition next year, bringing together over 5,000 participants, including government officials, industry executives and investors, to discuss rail infrastructure, investment and emerging mobility technologies.
Artificial intelligence (AI) offers emerging markets significant opportunities, but also poses serious risks, said a report, highlighting the need to seize opportunities across three fronts - building digital infrastructure, data ecosystems and investing in skills - to avoid relegation to the margins of the future AI-enabled economy.
Abu Dhabi's Miral has announced plans to invest more than AED12 billion ($3.3 billion) across Yas Island over the next five years, reflecting a clear focus on expanding its existing leisure attractions as well as boosting the hospitality offering, adding new hotel rooms and elevating its accommodation portfolio.
Burjeel Holdings, a leading super-specialty healthcare services provider in the GCC, has announced that its Board of Directors has approved the appointment of Reuben George Joseph as Chief Financial Officer, effective October 1, 2026.
Imam Mohammad Ibn Saud Islamic University (IMISIU) has advanced in the Times Higher Education Sustainability Impact Ratings 2026.
Apple has entered the foldable smartphone race with the launch of the Duo, a passport-sized iPhone with rounded edges that opens into a 7.6-inch display. The new model features a smaller outer screen when folded and is Apple’s thinnest phone when open.
Sullivan & Cromwell, a global law firm, has announced the opening of its new office in Abu Dhabi, thus reinforcing its long-term commitment to the Middle East. Located in ADGM, it will enhance the company's ability to serve clients in UAE, Saudi Arabia and across the region.
Saudi Data and Artificial Intelligence Authority (SDAIA) President Dr Abdullah Alghamdi has stressed the need to balance innovation and harness advanced artificial intelligence technologies with sound governance.
Keolis Group, a global leader in public transport, is marking five years of its partnership with Roads and Transport Authority, a collaboration that began in 2021 when the French group took over responsibility for the operation and maintenance of Dubai Metro and Tram under a 15-year contract.
Qatar-based Estithmar Holding said one of its key units has secured a SAR829 million ($221 million) mechanical package for the Prince Mohammed Bin Salman Stadium in Qiddiya City, a flagship Saudi giga-project and a designated venue for FIFA World Cup 2034. The scope of work includes building management system and HVAC services.
Oil prices rose further on Tuesday as renewed Houthi attacks on Saudi Arabia added to growing concerns over energy supplies, with Brent crude gaining $1.58 to $107.30 a barrel and US West Texas Intermediate (WTI) rising $1.64 to $103.
