PROJECT TO BE READY NEXT YEAR

UAE fast-tracks new oil pipeline, set to double export capacity via Fujairah

Fri, 15 May 2026

The United Arab Emirates (UAE) is accelerating construction of a major new oil pipeline that will double ADNOC’s crude export capacity through the emirate of Fujairah, significantly strengthening the country’s ability to ship oil to global markets without relying on the strategically vital but increasingly vulnerable Strait of Hormuz.

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India, UAE sign strategic defence, energy, shipping deals

Fri, 15 May 2026

India and the UAE have signed seven agreements spanning energy, defence, infrastructure and shipping during Prime Minister Narendra Modi’s brief visit to UAE, the first stop of his five‑nation tour. Giving fresh impetus to the Comprehensive Strategic Partnership, the UAE has announced $5 billion investments in India.

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OPINION

India’s $30 trillion GDP by 2047 to create tectonic shift in a multipolar world

Fri, 15 May 2026

The UAE-India partnership creates a huge opportunity for investors and business community of both the countries as bilateral trade will double from $100 billion to $200 billion in just seven years, said experts at a key summit in Dubai. The Indian economy is set to exceed $30 trillion by 2047 – when the country turns 100.

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ICON OF IMMERSIVE ENTERTAINMENT

$1.7bn Sphere Abu Dhabi to be built on Yas Island

Fri, 15 May 2026

Abu Dhabi is set to host the world’s second Sphere, a futuristic venue that is transforming live entertainment through its massive spherical design, ultra-high-resolution wraparound screens and cutting-edge multi-sensory technology.

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FEARS GROW OVER HORMUZ SITUATION

Cargo ship sunk off Oman, another vessel seized near Fujairah

Thu, 14 May 2026

A cargo ship was sunk off Oman and another vessel was reportedly seized near the United Arab Emirates and taken toward Iranian waters on Thursday, underscoring the continuing disruption to shipping through the Strait of Hormuz as diplomatic efforts to ease tensions showed little sign of success.

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Top This Week

$200bn projects underway in Abu Dhabi; 40,000 homes delivery by 2029

Thu, 14 May 2026

Abu Dhabi Projects and Infrastructure Centre (ADPIC) has confirmed that it is overseeing more than 500 capital projects across a broader programme value of $200 billion, with more than 40,000 homes set for delivery by 2029.

Abu Dhabi launches new unified infrastructure governance framework

Thu, 14 May 2026

The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has announced a new infrastructure governance framework designed to accelerate approvals, strengthen coordination and enhance delivery across Abu Dhabi’s capital project ecosystem.

Saudi Arabia issues tender for design consultancy of its part of GCC railway

Wed, 13 May 2026

Saudi Arabia Railways (SAR) has issued a tender for design consultancy services for its portion of the GCC railway, which will connect all six member states, a MEED report said.

Alba Q1 net profit jumps 316% to $200.3m

Wed, 13 May 2026

Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has reported a profit attributable to equity holders of BD75.3 million ($200.3 million) for the first quarter of 2026, up 316% year-over-year (YoY), versus BD18.1 million ($48.2 million) for the same period in 2025.

Dubai Taxi Company to acquire National Taxi for $394.8m

Wed, 13 May 2026

Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in Dubai, on Wednesday announced that it has entered into a Sales and Purchase Agreement (SPA) to acquire 100% of the share capital of National Taxi, one of the UAE’s established taxi operators with operations in Dubai, Abu Dhabi, and Al Ain for a total enterprise value of AED1.45 billion ($394.83 million).

Dubai records $37.9bn real estate transactions in Q1

Wed, 13 May 2026

Dubai recorded 44,400 real estate transactions with a combined value of AED139.2 billion ($37.9 billion) during the first quarter of this year, according to a transaction analysis conducted by Whitewill, an international luxury real estate agency.

AD Ports Group delivers best quarterly profit on record

Wed, 13 May 2026

AD Ports Group, a leading global enabler of integrated trade, industry, and logistics solutions, today reported strong revenue and net profit performance in the first quarter of 2026, demonstrating the resilience of its diversified and integrated trade ecosystem.

Aldar, Abu Dhabi department to develop five communities covering 20m sq m

Wed, 13 May 2026

Aldar and the Department of Municipalities and Transport (DMT) have announced a landmark public-private partnership to deliver new integrated communities spanning more than 20 million square metres across five strategic locations in Abu Dhabi.

Integrating AI into government work a priority, says Sheikh Mohammed

Wed, 13 May 2026

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, said that integrating AI into government work is a strategic priority for the next phase of the new UAE government framework project.

UAE fast-tracks new oil pipeline, set to double export capacity via Fujairah

Fri, 15 May 2026

The United Arab Emirates (UAE) is accelerating construction of a major new oil pipeline that will double ADNOC’s crude export capacity through the emirate of Fujairah, significantly strengthening the country’s ability to ship oil to global markets without relying on the strategically vital but increasingly vulnerable Strait of Hormuz.

UAE fast-tracks new oil pipeline, set to double export capacity via Fujairah

Fri, 15 May 2026

The United Arab Emirates (UAE) is accelerating construction of a major new oil pipeline that will double ADNOC’s crude export capacity through the emirate of Fujairah, significantly strengthening the country’s ability to ship oil to global markets without relying on the strategically vital but increasingly vulnerable Strait of Hormuz.

United Hospitality Management names cluster manager for Kuwait hotel

Fri, 15 May 2026

United Hospitality Management, a global leader in hospitality asset development, has appointed Shadi Refai as its Cluster General Manager for the Arabella Beach Hotel Kuwait, Vignette Collection by IHG and a soon to be opened second hotel in Kuwait City.

India, UAE sign strategic defence, energy, shipping deals

Fri, 15 May 2026

India and the UAE have signed seven agreements spanning energy, defence, infrastructure and shipping during Prime Minister Narendra Modi’s brief visit to UAE, the first stop of his five‑nation tour. Giving fresh impetus to the Comprehensive Strategic Partnership, the UAE has announced $5 billion investments in India.

India’s $30 trillion GDP by 2047 to create tectonic shift in a multipolar world

Fri, 15 May 2026

The UAE-India partnership creates a huge opportunity for investors and business community of both the countries as bilateral trade will double from $100 billion to $200 billion in just seven years, said experts at a key summit in Dubai. The Indian economy is set to exceed $30 trillion by 2047 – when the country turns 100.

New indoor destination Leo & Loona Kids Park opens in Bahrain

Thu, 14 May 2026

Leo & Loona Kids Park has opened at The Avenues Mall Bahrain, introducing one of the region’s leading indoor family entertainment concepts to the Kingdom.

MedLab launches new surgical training hub at Dubai Science Park

Thu, 14 May 2026

MedLab Training Institute, a UAE-based medical education provider specialising in cadaveric and simulation-based surgical training, has launched its new surgical training facility at Dubai Science Park, the region’s leading science-focused ecosystem and part of TECOM Group.

ENEC signs deal to train Emirati nuclear talent

Thu, 14 May 2026

Emirates Nuclear Energy Corporation (ENEC) signed an agreement with Department of Government Enablement – Abu Dhabi to train and employ UAE Nationals, building specialised skills to support the country’s expanding civil nuclear energy sector.

Snoonu arrives in Kuwait offering more than delivery service

Tue, 12 May 2026

Snoonu, a fast-growing super-app, has been officially launched in Kuwait, marking a significant step in its expansion across the GCC.

GFH Bank's net profit up 16.5pc in Q1

Fri, 15 May 2026

GFH Bank, a leading dynamic bank in the GCC region, has reported a 16.5% growth in its net profit for the first quarter which rose to $35.1 million supported by growth across its core business lines despite the regional developments and heightened market uncertainty.

Omantel launches new AI centre of excellence

Fri, 15 May 2026

Omantel has announced the launch of its AI Centre of Excellence, an integrated platform designed to accelerate the adoption of advanced artificial intelligence technologies and support the transformation of promising ideas and applications into scalable digital products across multiple sectors.

Dubai Taxi Company to acquire National Taxi for $394.8m

Wed, 13 May 2026

Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in Dubai, on Wednesday announced that it has entered into a Sales and Purchase Agreement (SPA) to acquire 100% of the share capital of National Taxi, one of the UAE’s established taxi operators with operations in Dubai, Abu Dhabi, and Al Ain for a total enterprise value of AED1.45 billion ($394.83 million).

BEYOND Developments, PSG celebrate partnership at event featuring Verratti in Dubai

Thu, 14 May 2026

Reigning European champions Paris Saint-Germain (PSG) and BEYOND Developments presented an exclusive event in the presence of Marco Verratti, one of the French club’s most decorated midfielders, to celebrate a landmark partnership rooted in culture, design, and a shared ambition to connect people across the world.

US and China aligned on Iran, says Trump

Fri, 15 May 2026

US President Donald Trump said his patience with Iran was running out and that Chinese President Xi Jinping had agreed during ​their talks in Beijing that Tehran must reopen the Strait of Hormuz.

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