CONDOLENCES POUR IN FROM LEADERS

Qatar's former ruler Sheikh Hamad dies at 74

Sun, 12 Jul 2026

Qatar's top government body, the Amiri Diwan, has announced that the country's former emir Sheikh Hamad bin Khalifa Al Thani, whose leadership transformed the Gulf state into a global energy powerhouse and raised its international profile, died on Sunday at the age of 74.

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IRAN MINISTER IN OMAN

US launches fresh strikes on Iran after Hormuz ship attack

Sun, 12 Jul 2026

The United States launched a fresh wave of military strikes against Iran on Sunday after Tehran targeted a merchant vessel transiting the Strait of Hormuz, sharply escalating a conflict that has spread across the Gulf and further dimmed hopes for a return to diplomacy.

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INTEGRATED SUSTAINABLE TRANSPORT

AtkinsRéalis snaps up major Riyadh Metro, road infrastructure projects

Sat, 11 Jul 2026

AtkinsRéalis has secured a major contract from the Royal Commission for Riyadh City (RCRC) to provide engineering services and supervision contracts to support the operation and expansion of the Riyadh Metro network and oversee key road infrastructure development projects across Riyadh.

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RELATIONSHIP AGREEMENT TERMINATED

e& announces $5.95bn sale of Vodafone investment

Fri, 10 Jul 2026

Emirates Telecommunications Group Company (e&) has announced the termination of its relationship agreement with Vodafone Group and sale of its shares in the company for approximately AED21.8 billion ($5.95 billion).

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ANALYSIS

Luxury brands turn to AI as consumers embrace technology, says expert

Wed, 08 Jul 2026

Artificial intelligence (AI) has become a growing strategic focus for luxury companies as consumers increasingly use AI tools during purchasing decisions, although many brands are still working to move beyond experimentation, according to an industry expert.

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Top This Week

King Salman airport set to tender two infrastructure contracts

Thu, 09 Jul 2026

Saudi Arabia's King Salman International Airport Development Company (KSIADC) is preparing to tender two new infrastructure contracts for King Salman airport in Riyadh after completing the contractor prequalification stage. It aims to accommodate up to 120 million passengers by 2030, said a report.

SEVEN's first destination to open in Abha on August 5

Thu, 09 Jul 2026

Saudi Entertainment Ventures (SEVEN) will officially open its first entertainment destination in the kingdom on August 5, marking a major milestone in the roll-out of its nationwide programme of large-scale leisure developments and a significant step in Saudi Arabia's drive to expand its tourism and entertainment offering under Vision 2030.

AI to impact 80m workers in ASEAN, but large-scale job losses unlikely: ILO

Thu, 09 Jul 2026

Generative artificial intelligence (GenAI) is set to touch the working lives of nearly 80 million people across the Association of Southeast Asian Nations (ASEAN), says a new International Labour Organization (ILO) study.

US launches fresh strikes on Iran; Tehran attacks Bahrain, Kuwait

Thu, 09 Jul 2026

The United States launched a second consecutive day of major military strikes against Iran on Tuesday, targeting about 90 military sites along its coastline, as Tehran retaliated by firing missiles and drones at US military facilities in Bahrain and Kuwait, sharply escalating tensions across the Gulf.

Global risks linger as Middle East war drags on, say world bodies

Thu, 09 Jul 2026

The world's leading economic and energy institutions have called for renewed efforts to resolve the conflict in the Middle East and reopen the Strait of Hormuz, warning that although the global economy has remained resilient, the war continues to pose risks to growth, inflation and global trade.

New cancer cases can double by 2050, urgent action needed: WHO

Thu, 09 Jul 2026

Millions of people are facing physical, emotional and financial toll of cancer, a disease that claims more than 26,000 lives every day, according to a report released by the World Health Organization (WHO).

Ras Al Khaimah set to deliver over 25,000 new homes by 2030

Wed, 08 Jul 2026

Ras Al Khaimah is expected to add more than 25,000 residential units over the next four years, with apartments accounting for 97% of the planned supply, mainly driven by population growth, higher foreign investment and expanding business activity in the emirate, said an real estate industry expert.

UAE attracted $48.3bn foreign direct investment in 2025

Wed, 08 Jul 2026

The UAE attracted $48.3 billion (AED177.3 billion) in inbound foreign direct investment (FDI) in 2025, marking a fourth consecutive year of record inflows and a 6% increase year-on-year.

Saudi Arabia drives GCC project markets in Q2 despite slowdown

Wed, 08 Jul 2026

Project awards in the GCC region for the second quarter surged to $59.4 billion, up 30% over last year supported by higher contract activity in Saudi Arabia and Oman, although activity slowed sharply from Q1, according to a report.

Asas Makeen in deal to develop a 290-unit residential project in Riyadh

Sun, 12 Jul 2026

Saudi real estate developer Asas Makeen said it had signed an agreement with a fund managed by BLOM Invest Saudi Arabia to develop a 290-unit residential project on a 16,621-sq-m area within the Al Narjis district in Riyadh. The entire work will be completed in 18 months.

Dewa ranks first in 13 key performance indicators

Sun, 12 Jul 2026

Dubai Electricity and Water Authority (Dewa) has announced that it has ranked first in 13 key performance indicators across its operations, alongside leading regional indicators, demonstrating that excellence in Dubai is measured by impact rather than scale alone.

Knowledge Economic City plans $400m hospitality project fund with Albilad

Sun, 12 Jul 2026

Saudi Arabia's Knowledge Economic City has announced that it had signed a non-binding term sheet with Albilad Capital for the establishment of a closed-ended private real estate investment fund worth SAR1.5 billion ($400 million), to finance the first phase of its Multaqa Hospitality project in Madinah.

US logistics major Rock-It opens regional headquarters in Abu Dhabi

Sun, 12 Jul 2026

The Rock-It Company, a global leader in mission-critical logistics based in New York providing specialist transport, storage and supply chain solutions for automotive, motorsport, live touring and luxury goods sectors, has set up its Middle East headquarters in Abu Dhabi to oversee its regional operations.

Luxury brands turn to AI as consumers embrace technology, says expert

Wed, 08 Jul 2026

Artificial intelligence (AI) has become a growing strategic focus for luxury companies as consumers increasingly use AI tools during purchasing decisions, although many brands are still working to move beyond experimentation, according to an industry expert.

Majid Al Futtaim opens indoor family entertainment destination in Dubai

Sat, 11 Jul 2026

Majid Al Futtaim, a leading mall developer and leisure pioneer in the region, has opened Explorers, a new indoor family entertainment destination at City Centre Mirdif in Dubai, combining free-play attractions including climbing structures, tunnels and slides with educational workshops.

Qatar opens first smart mosque with solar power, water recycling

Sun, 12 Jul 2026

Qatar has inaugurated its first smart mosque, featuring renewable energy and water-saving technologies, as it seeks to modernise mosque infrastructure and promote sustainability. The complex has been built on a 4,015-sq-m site using a contemporary architectural design.

Bahrain's Danat announces board overhaul, leadership changes

Mon, 06 Jul 2026

Bahrain's Institute for Pearls and Gemstones (Danat) has named a new board of directors led by Chairman Mohamed Ahmed AlSada. The reconstituted board will oversee the institute's pearl, gemstone and jewellery testing services and support its role in the kingdom’s gem industry.

Saudi Arabia gets top Fitch ratings despite regional risks

Sat, 11 Jul 2026

Fitch Ratings has affirmed Saudi Arabia's long-term foreign-currency issuer default rating at "A+" with a stable outlook, citing the kingdom's strong external balance sheets and significant fiscal buffers in the form of deposits and other public sector assets as well as resilience to recent geopolitical tensions.

e& announces $5.95bn sale of Vodafone investment

Fri, 10 Jul 2026

Emirates Telecommunications Group Company (e&) has announced the termination of its relationship agreement with Vodafone Group and sale of its shares in the company for approximately AED21.8 billion ($5.95 billion).

Abu Dhabi opens control centre for autonomous vehicle operations

Sat, 11 Jul 2026

Abu Dhabi's Integrated Transport Centre (ITC) has inaugurated a central control room to oversee and monitor autonomous vehicle operations across the emirate, as authorities step up efforts to support the rollout of self-driving transport services.

Qatar's former ruler Sheikh Hamad dies at 74

Sun, 12 Jul 2026

Qatar's top government body, the Amiri Diwan, has announced that the country's former emir Sheikh Hamad bin Khalifa Al Thani, whose leadership transformed the Gulf state into a global energy powerhouse and raised its international profile, died on Sunday at the age of 74.

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