The ongoing Middle East conflict involving US, Israel and Iran has impacted several major landmarks in the region including Burj Al Arab, Palm Jumeirah, Dubai International Airport, Jebel Ali Port in UAE as well as Crowne Plaza, a premium five-star hotel in Bahrain.
Global power demand is set to grow by more than 3.5% per year on average over the rest of this decade, with electricity generation from renewables, natural gas and nuclear all expanding to keep pace, according to a new International Energy Agency (IEA) report.
The United Arab Emirates and the United States have signed a Framework on Securing Supply in the Mining and Processing of Critical Minerals and Rare Earths, on the sidelines of the US Critical Minerals Ministerial in Washington, D.C.
The United States and India have agreed to a long-anticipated trade deal aimed at easing bilateral tensions and lowering tariffs, with US President Donald Trump announcing a sharp reduction in reciprocal tariffs on Indian goods and a major purchasing commitment from New Delhi.
US President Donald Trump has ordered all federal agencies to immediately cease their use of artificial intelligence products developed by the startup Anthropic, in the latest escalation of tensions between the White House and Silicon Valley over the role of AI in national security.
At least one person has been killed in Abu Dhabi, the capital of the United Arab Emirates, in multiple missile launches by Iran that targeted US bases across the Gulf region.
Oil prices were hovering near seven-month highs on Wednesday as the threat of military conflict between the US and Iran that could disrupt supply continued to worry investors as talks between the parties are set for Thursday. Brent prices soared to $71.10 per barrel, their highest since July 31, 2025.
Aramco has sold several cargoes of ultra-light crude oil from its $100 billion Jafurah gas plant to US majors and an Indian refiner as it prepares to export its first cargo later this month, four trade sources said to Reuters.
US President Donald Trump has announced that he will raise a temporary tariff from 10% to 15% on US imports from all countries after the US Supreme Court struck down his previous tariff programme. However, far from being a source of relief, it has infused new risks and uncertainties into trade policy, US debt and the dollar.
The total value of non-oil exports (national origin) from Bahrain surged by 5% to hit BD1.1 billion ($2.9 billion) in Q4 2025 when compared to the previous year's figure of BD1 billion ($2.75 billion). The Kingdom of Saudi Arabia topped the non-oil exports list followed by UAE and the US, said a report.
