TARGETING INDUSTRIAL SECTOR

IBM, Aramco explore AI collaboration in Saudi Arabia

Wed, 06 May 2026

Aramco and IBM announced their intended collaboration on opportunities to advance AI, agentic AI, automation, material science and other mutually agreed domains in the industrial sector.

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AGREEMENTS WITH 36 NATIONS

CEPA deals propel UAE non-oil trade to top $1 trillion in 2025

Wed, 06 May 2026

The Comprehensive Economic Partnership Agreements (CEPA), which the UAE has concluded with 36 countries so far, have enabled the UAE’s non-oil foreign trade to surpass $1 trillion (AED3.8 trillion) in 2025, said a senior official.

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HOPES FOR AGREEMENT

US pauses plan to guide ships through Strait of Hormuz

Wed, 06 May 2026

US President Donald Trump said the US military will temporarily pause “Project Freedom” — the military-backed plan to guide commercial vessels through the Strait of Hormuz — signalling a potential easing of tensions with Iran.

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SUPPLIES RUNNING SHORT

Humanitarian crisis as 20,000 seafarers trapped in Gulf waters

Tue, 05 May 2026

Around 20,000 seafarers remain trapped and unable to leave in and around the Strait of Hormuz, said International Maritime Organization (IMO) Secretary-General Arsenio Dominguez.

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COMMENT

Iran must stop lies and hostility

Fri, 01 May 2026

The message attributed to Iran’s Supreme Leader Mojtaba Khamenei comes as a recycled political narrative, built on repeating claims and falsehoods about the Arab Gulf states, in an attempt to impose a one-sided vision on a region undergoing major developmental and strategic transformations, writes Anwar Abdulrahman in a comment in the Gulf Daily News, our sister newspaper.

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Top This Week

Oil prices ease a bit after US escorts ship out of Hormuz

Tue, 05 May 2026

Oil prices ​eased slightly on Tuesday after jumping about 6% yesterday following increased hostilities in the Strait of Hormuz.

Energy moves: UAE entering new chapter of economic growth says Dr Al Jaber

Tue, 05 May 2026

The UAE is entering “a new chapter” in which it is reshaping its place in the global economy with “confidence, clarity, and ambition”, said Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology.

UAE announces $49bn new industrial procurement opportunities

Tue, 05 May 2026

The UAE has announced AED180 billion ($49.01 billion) in new industrial procurement opportunities in a national drive to localise more than 5,000 products across sectors critical to economic, food, and healthcare security.

UAE announces remote learning for higher education institutions

Mon, 04 May 2026

The UAE Ministry of Higher Education and Scientific Research today announced the temporary transition to remote learning across all higher education institutions in the country, effective from Tuesday, May 5, 2026, through Friday, May 8, 2026.

Iran targets ships in Strait of Hormuz, US blows up boats

Mon, 04 May 2026

Several ships were hit by suspected Iranian missiles and drones in the Strait of Hormuz on Monday and a UAE oil complex was set on fire. This follows the launch of Project Freedom by US military to end the blockade of the shipping route.

Fire breaks out at Fujairah petroleum complex after Iran drone attack

Mon, 04 May 2026

Authorities in the UAE's Fujairah ‌said on Monday that a ​fire broke ​out at the ⁠Fujairah Oil ​Industry Zone following ​what they described as a drone ​attack originating ​from Iran. Civil defence teams ‌were ⁠deployed immediately to contain the blaze, said the report.

Parsons lands integrated services contract for Dubai Loop Program

Mon, 04 May 2026

Parsons Corporation has been awarded a key contract by The Boring Company (TBC) to provide professional services for Dubai Loop project, an underground transportation initiative being developed in UAE. As part of the deal, Parsons will act as TBC’s delegated programme manager and provide integrated services.

Tunnelling works for $5.58bn Dubai Metro Blue Line launched

Mon, 04 May 2026

The primary tunnelling works for the AED20.5 billion ($5.58 billion) Dubai Metro Blue Line project was launched on Sunday by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

US military to guide ships through Strait of Hormuz; massive force ready

Mon, 04 May 2026

US President Donald Trump has announced that the US will begin guiding ships through the Strait of Hormuz, which remains largely blocked by Iran, starting Monday.

Ladun secures $637m Riyadh infrastructure development contracts

Wed, 06 May 2026

Ladun Investment Company has secured SAR2.39 billion ($637 million) contracts to carry out infrastructure development work at Al Qirawan and Al Narjis districts as well as the Namar real estate development - in the Saudi capital. It will be executed in consortium with Al Ayuni Investment and Contracting.

Expo City Dubai funds seven global heat-resilience innovation projects

Wed, 06 May 2026

Expo City Dubai Foundation has awarded funding to seven global projects under its Global Innovators Programme, focused on tackling extreme heat challenges across the Global South.

Anantara to debut in Caribbean with Turks, Caicos resort

Wed, 06 May 2026

Minor Hotels has announced plans to introduce its luxury Anantara brand to the Caribbean with the upcoming Anantara Turks and Caicos Resort & Residences, set to open in 2029 on North Caicos’ Sandy Point coastline.

New President and CEO named for National Fire Protection Association

Wed, 06 May 2026

The National Fire Protection Association (NFPA) Board of Directors has unanimously voted to appoint Ross Ashley, a visionary executive with more than 30 years’ experience in corporate leadership, public safety, intelligence and emergency management as the next president and CEO.

Iran must stop lies and hostility

Fri, 01 May 2026

The message attributed to Iran’s Supreme Leader Mojtaba Khamenei comes as a recycled political narrative, built on repeating claims and falsehoods about the Arab Gulf states, in an attempt to impose a one-sided vision on a region undergoing major developmental and strategic transformations, writes Anwar Abdulrahman in a comment in the Gulf Daily News, our sister newspaper.

Mered launches floating sales gallery on Al Reem Island

Tue, 05 May 2026

Mered, a leading real estate developer, has unveiled a floating sales gallery on the waters of Al Reem Island, created as an exclusive introduction to its waterfront project - Riviera Residences - in Abu Dhabi. A first-of-its-kind immersive venue, it signals a new chapter in experiential real estate in the UAE.

Expo City Dubai funds seven global heat-resilience innovation projects

Wed, 06 May 2026

Expo City Dubai Foundation has awarded funding to seven global projects under its Global Innovators Programme, focused on tackling extreme heat challenges across the Global South.

UAE announces remote learning for higher education institutions

Mon, 04 May 2026

The UAE Ministry of Higher Education and Scientific Research today announced the temporary transition to remote learning across all higher education institutions in the country, effective from Tuesday, May 5, 2026, through Friday, May 8, 2026.

Tanishq kicks off its 'Festival of Exchange' campaign in UAE

Mon, 04 May 2026

Tanishq, a leading Indian jewellery brand and a TATA product, has announced the launch of its Festival of Exchange across the UAE. The campaign, headlined by cricket icon Sachin Tendulkar, offers zero per cent deduction on the exchange of old gold, across all its outlets in Abu Dhabi, Dubai and Sharjah.

ADX welcomes Morgan Stanley as first international investment bank remote trading member

Wed, 06 May 2026

The Abu Dhabi Securities Exchange (ADX) Group has announced that Morgan Stanley, a leading investment bank and financial services company, has joined the ADX as its first international investment bank Remote Trading Member, enabling Morgan Stanley’s clients to access the ADX directly.

Sitecore names new regional VP for Middle East and Africa

Tue, 05 May 2026

Sitecore, the global leader in AI-enabled digital experience software, has appointed Mohammed AlThaher as its new regional Vice President for Middle East and Africa. An industry veteran, he has over two decades of experience in large-scale digital transformations, digital marketing and more recently AI.

Nissan Z Heritage Edition debuts in Middle East

Tue, 05 May 2026

Nissan has announced the arrival of the new 2026 Nissan Z Heritage Edition in the Middle East, marking the regional debut of a special edition that celebrates the brand’s performance heritage.

Qatar Toy Festival to return in July

Fri, 01 May 2026

Qatar Calendar has announced the return of the Qatar Toy Festival (QTF) in July under the slogan ‘More to Imagine, A Whole World of Fun’.

15 scale-ups from 1,400 global applicants selected for Dubai Holding initiative

Wed, 06 May 2026

Dubai Holding, a diversified global investment company with investments in more than 30 countries, announced the 15 bold scale-ups selected for its global impact accelerator, Innovate For Tomorrow.

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