Iran has warned it could disrupt shipping in the Red Sea and beyond if the United States continues its naval blockade, even as U.S. President Donald Trump said the world should brace for an “amazing two days” that could bring the conflict close to an end.
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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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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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The prime UAE real estate markets of Dubai and Abu Dhabi have reported strong demand for ultra-luxury residential properties, thus reflecting growing investor confidence and an increasingly selective market where capital is concentrating in key locations and credible developments, said an industry expert.
UAE-based Al Ghurair Development has announced that it has signed up top global practice Pelli Clarke & Partners as the lead masterplan design architect for its large-scale transit-connected, mixed-use masterplan community in Al Jaddaf, Dubai.
Lenovo opened its regional headquarters for the Middle East, Türkiye, and Africa in Riyadh on Sunday, marking a significant step in the Kingdom’s efforts to strengthen its position as a regional hub for global companies in line with the objectives of Saudi Vision 2030.
The impact of the Middle East war is substantial, global, and highly asymmetric, disproportionately affecting energy importers, in particular low-income countries, said heads of the International Energy Agency, International Monetary Fund, and World Bank Group.
Oil prices fell below $100 a barrel this morning (April 14) over signs of new US-Iran dialogue to end their war. Brent crude was at $97.8 in early trade, while US WTI crude was at $96.83.
Abu Dhabi's Metal Park has announced the launch of 25,000–30,000 metric tons per month of new cut-and-bend rebar capacity starting in Q2 2026, equivalent to roughly 10–12% of the UAE’s total monthly consumption.
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.
The Saudi Ministry of Sport has invited qualified contracting companies to submit prequalification bids for preliminary works on the landmark King Salman Stadium in Riyadh, a centrepiece venue for the 2034 FIFA World Cup.
Shuaa Capital Saudi Arabia has joined hands with Gate Capital Financial Services, an established financial advisory firm, for launch the first of its kind alternative investment fund dedicated to the consolidation of the fuel retail sector in the Kingdom of Saudi Arabia (KSA).
Accor, a world-leading hospitality group, announces the signing of the Pullman New Capital Hotel & Residences in Egypt, marking the debut of Pullman Hotels & Resorts in Cairo.
EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, has been recognised as a 2026 Steel Sustainability Champion by the World Steel Association for the third consecutive year.
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.
Thumbay University Hospital has inaugurated its Institute of Neurosciences, a dedicated centre for the diagnosis, treatment, and management of complex disorders of the brain, spine, and nervous system.
Digital Dubai has launched the “AI Workforce Transformation Program (AI+),” a strategic initiative to train 50,000 Dubai Government employees.
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.
Bain Capital, a leading global private investment firm, has opened its office in ADGM, the international financial centre of Abu Dhabi.
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.
Nissan Motor Co has unveiled a new long-term vision aimed at reshaping its future around artificial intelligence-led mobility and a stronger focus on customer experience.
The Future Investment Initiative (FII) Institute, a global non-profit foundation with an investment arm and one agenda, Impact on Humanity, has announced FII Priority Europe Summit, taking place June 17–19, 2026, in Rome, Italy.
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.
