ANALYSIS

Markets brace for turbulence: Oil soars to $110 as Iran deadline nears

Tue, 07 Apr 2026

The US-Iran face-off is the single biggest variable across every asset class - from oil to equities - meaning investors should be bracing for a volatile few days ahead, said an expert. Oil remains at the centre of every market move right now with both crude and brent up over 80% YTD.

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KHARG MILITARY TARGETS HIT

'A whole civilization will die tonight', warns Trump as deadline nears

Tue, 07 Apr 2026

As the deadline set by US President Donald Trump to Iran to agree a deal nears, he has posted a stark message on his social media warning that a civilisation could die tonight.

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Explosions rock Iran's Kharg Island, rail bridge hit, says report

Tue, 07 Apr 2026

The US military conducted strikes on military targets on Iran’s Kharg Island, the Axios news outlet reports, citing an unidentified senior US official. Several blasts have been reported on the Island, a vital oil export terminal for the country, stated Iranian media, adding a rail bridge has been struck in central Iranian city.

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PATH TO Path to 10Gbps CONNECTIVITY

UAE launches world’s first commercial U6GHz network

Tue, 07 Apr 2026

The launch of the world’s first commercial upper 6GHz (U6GHz) network and ecosystem was announced at the SAMENA Council Leaders’ Summit 2026, marking the UAE’s leadership on the U6GHz front, led by the Telecommunications and Digital Government Regulatory Authority (TDRA).

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FOOD, MEDICINE SUPPLY HIT

Hormuz crisis threatens global stability, urgent action must: Bahrain

Mon, 06 Apr 2026

The Strait of Hormuz crisis threatens global stability, food security, and the foundational principles of international law, said Bahrain's Minister of Foreign Affairs, calling for urgent international action.

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Top This Week

Iran rejects ceasefire offer as Trump's deadline for deal looms

Mon, 06 Apr 2026

Iran said on Monday it wanted a lasting end to the war with the US and Israel, and pushed back against pressure to swiftly reopen the Strait of Hormuz under a temporary ceasefire as US President Donald Trump warned the country could be "taken out" if it did not meet his Tuesday night deadline to reach a deal.

Bahrain ministerial committee to assess economic impact of Iran aggression

Mon, 06 Apr 2026

A ministerial committee will assess the economic impact of the hostile Iranian aggression on Bahrain, implementing appropriate measures to support national employment and economic growth.

Danube Group chairman vows no layoffs, salaries on time

Mon, 06 Apr 2026

Danube Group Chairman Rizwan Sajan has assured the company’s 6,000+ workforce that there will be no layoffs and salaries will be paid on time despite the geopolitical uncertainty the region is facing now.

Mira Developments launches Richmond District in Dubai with 6 towers

Mon, 06 Apr 2026

Mira Developments has unveiled Richmond District, a new branded residential development in Dubai's Al Furjan neighbourhood and the area’s first fully integrated master plan, created in collaboration with John Richmond, a luxury brand.

Dubai South offers support package for SMEs

Mon, 06 Apr 2026

Dubai South, the largest urban master development focused on aviation, logistics, and real estate, has announced a flexible and support package for its SME community at the Business Park, aimed at supporting its growing base of businesses.

Gulf wealth funds to back Paramount takeover of Warner Bros: WSJ

Mon, 06 Apr 2026

Paramount Skydance ​is in talks to secure equity commitments ‌of almost $24 billion from three sovereign wealth funds led by Saudi Arabia to back its takeover of Warner Bros Discovery, ​the Wall Street Journal has reported.

Oil prices climb after new Trump threat against Iran

Mon, 06 Apr 2026

Oil prices climbed on Monday as markets reacted to US President Donald Trump's threat of further action against Iran and set a Tuesday evening deadline linked to the reopening of the Strait of Hormuz.

UAE becomes top 10 global exporter with $1.637 trillion trade, says report

Sun, 05 Apr 2026

In a historic first, the UAE has become one of the world’s top 10 exporting countries, reported state news Agency Wam, citing the latest figures from World Trade Organisation (WTO). The country’s goods and services trade has increased from $949 billion in 2021 to $1.637 trillion last year.

Major fire breaks out at Borouge plant in Abu Dhabi from falling debris

Sun, 05 Apr 2026

Senior UAE authorities have ‌reported damage at a major plant of leading petrochemicals company ​Borouge located in ​Abu Dhabi ​after falling debris from ⁠an air ​defence interception ignited ​three fires, but no injuries were reported. Earlier, authorities ​said ​operations ⁠at the plant were ​suspended because ​of ⁠the blaze.

Riyadh Cables lands Saudi power project supply contract

Tue, 07 Apr 2026

Riyadh Cables Group has announced that it has secured a SAR450 million ($120 million) contract from Saudi-based Mohammed Al Ojaimi Contracting Establishment for supply of cable products at some of its key power generation and transmission projects.

Morocco gas plan reset to unlock new investment opportunities

Tue, 07 Apr 2026

Morocco’s decision earlier this year to pause elements of its long-anticipated LNG import strategy marks less a delay than a strategic reset – one that reflects both shifting global market dynamics and a more pragmatic approach to infrastructure development, said industry experts.

Makkah international airport wins approval, metro plan moves ahead

Tue, 07 Apr 2026

Saudi Arabia is moving ahead with a major transport transformation for Makkah after official approval was confirmed for the holy city’s first international airport, alongside fresh progress on a long-planned metro network designed to improve mobility for millions of pilgrims and residents.

Morocco gas plan reset to unlock new investment opportunities

Tue, 07 Apr 2026

Morocco’s decision earlier this year to pause elements of its long-anticipated LNG import strategy marks less a delay than a strategic reset – one that reflects both shifting global market dynamics and a more pragmatic approach to infrastructure development, said industry experts.

Markets brace for turbulence: Oil soars to $110 as Iran deadline nears

Tue, 07 Apr 2026

The US-Iran face-off is the single biggest variable across every asset class - from oil to equities - meaning investors should be bracing for a volatile few days ahead, said an expert. Oil remains at the centre of every market move right now with both crude and brent up over 80% YTD.

Mira unveils Richmond-branded residential development in Dubai

Mon, 06 Apr 2026

UAE-based Mira Developments has unveiled Richmond District, a new branded residential development within the Al Furjan community in Dubai, that brings together five residential towers, an office tower and a shared podium designed around water, wellness and everyday convenience.

UAE's installed renewable energy capacity tops 7.7GW

Mon, 06 Apr 2026

The installed renewable energy capacity has exceeded 7.7 gigawatts (GW), with projects under development expected to raise total capacity to more than 23 GW by 2031, a WAM news agency report said.

Bain & Company names Middle East managing partner

Thu, 02 Apr 2026

Bain & Company, a global consultancy, has announced the appointment of Eric Beranger-Fenouillet as the managing partner for its Middle East business. Based in UAE, he will lead the firm across the region, with a focus on helping clients deliver complex transformation agendas.

Top Indian food brand Haldiram’s opens flagship store in Dubai

Tue, 07 Apr 2026

Haldiram’s, one of India’s most iconic food brands, has opened its flagship outlet on Sheikh Zayed Road, Dubai, as part of its regional expansion strategy. It will boast a full spectrum of offerings - from handcrafted mithais and savoury snacks to a diverse all-vegetarian dining experience.

Dubai Investments, JOOD sign MoU to advance community initiatives

Tue, 07 Apr 2026

Dubai Investments has signed a memorandum of understanding (MoU) with Dubai Community Contributions Establishment - JOOD, an official Dubai based contribution entity established to enable and organise community contributions in line with the Dubai Social Agenda 33.

UAE launches world’s first commercial U6GHz network

Tue, 07 Apr 2026

The launch of the world’s first commercial upper 6GHz (U6GHz) network and ecosystem was announced at the SAMENA Council Leaders’ Summit 2026, marking the UAE’s leadership on the U6GHz front, led by the Telecommunications and Digital Government Regulatory Authority (TDRA).

Saudi group Batic in deal to buy 90 MAN trucks in fleet upgrade

Sun, 05 Apr 2026

Batic Investment and Logistics Company has announced that its wholly-owned unit Saudi Transport and Investment Company (Mubarrad) had reached an agreement to acquire 90 MAN truck heads from Haji Husein Alireza & Co. Ltd., as part of efforts to modernise its fleet.

Black Gold Museum opens at KAPSARC, Riyadh

Tue, 07 Apr 2026

The Black Gold Museum at the King Abdullah Petroleum Studies and Research Center (KAPSARC) in Riyadh was inaugurated on Tuesday, marking a significant milestone in Saudi Arabia’s cultural landscape.

Dubai Investments, JOOD sign MoU to advance community initiatives

Tue, 07 Apr 2026

Dubai Investments has signed a memorandum of understanding (MoU) with Dubai Community Contributions Establishment - JOOD, an official Dubai based contribution entity established to enable and organise community contributions in line with the Dubai Social Agenda 33.

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