Four astronauts blasted off on NASA’s Artemis II mission from Kennedy Space Center in Florida on Wednesday evening on a monumental 10-day flight around the moon and back.
Read more
Dubai Taxi Company, in partnership with Baidu, has launched driverless ride-hailing services via the Apollo Go app in Dubai, marking the platform’s first international deployment and a milestone for autonomous transport in the region.
Read more
US President Donald Trump has lashed out at allies for not getting further involved in the Iran war, telling them to go to the Strait of Hormuz to take their own fuel and securing the strait is "not for us."
Read more
Households, businesses and investors should prepare for 1970’s-style global stagflation, warned Nigel Green, the CEO of the deVere Group, one of the world’s largest independent financial advisory organisations, after private sector output in the euro zone sank to a 10-month low in March.
Read more
As heightened tensions continue to inject uncertainty into global markets, businesses across the Gulf are balancing caution with determination. The GCC governments are responding swiftly to preserve stability, support liquidity, and sustain momentum, said an industry expert.
Read more
Iran has launched a new threat against US companies based across the Middle East, warning it will attack them in retaliation for new strikes by the US in Iran aimed against its leadership.
President Donald Trump says the US will "leave" Iran in "two to three weeks" when it is certain the regime cannot build a nuclear weapon "for years" and whether there is a deal with Tehran or not.
Bahrain’s real estate market recorded strong growth in transaction activity in 2025, even as prices and rents declined across several segments, highlighting uneven performance across the property sector. The total transaction value jumped 51.6% to BD1.6 billion ($4.2 billion), hitting a new high in over a decade, said an expert.
Euro zone inflation soared past the European Central Bank's 2% target this month as surging oil and gas costs drove up headline prices, but the jump was smaller than expected and core inflation declined, muddying the picture for policymakers, said a report.
E Point Zero Holding RSC Limited (ePointZero), an Abu Dhabi-based global investment company, has entered into an agreement to acquire a 100% stake in US-based Traverse Midstream Partners, a portfolio company of The Energy & Minerals Group (EMG), in a deal valued at nearly $2.25 billion.
Low-income Countries (LICs) are navigating a fluid global environment marked by high uncertainty and shifting policies in major economies spanning trade, migration, digital finance, and spending priorities, including national security and foreign aid, says an International Monetary Fund (IMF) staff paper.
IHC, a global investment company focused on building dynamic value networks, today announced that it has received all requisite regulatory approvals to acquire approximately 41.5% stake in Sammaan Capital Limited on a fully diluted basis, for a total transaction value of approximately $1 billion (INR 8,850 crore).
AD Ports Group, a leading global enabler of trade, industry and logistics solutions, has published its 2025 Annual Report, which chronicled a year of record revenue and profits, as the group strengthened its key trade corridors and geographies of operations.
Oil prices turned lower in Asian trading on Tuesday as markets reacted to reports that Donald Trump had indicated to aides he was prepared to bring the conflict with Iran to an end without insisting on the immediate reopening of the Strait of Hormuz.
Saudi-based Alkhorayef Water and Power Technologies said it has signed a key contract with National Water Company (NWC) for laying of a 184-km long sewer networks system in Hafar Al Batin and Al Qaisomah Governorate. The scope of work includes building of manholes and inspection chambers.
Adnoc Drilling said it has won approval from its shareholders at the AGM for distribution of $1 billion dividends for FY 2025 and also 5% minimum increase to the 2026 payout. These approvals follow a defining year for Adnoc Drilling in which the company delivered record financial and operational performance.
Kuwait's leading low-cost carrier Jazeera Airways has added two more new Indian destinations to its network - Vijayawada and Lucknow, further expanding its footprint across the country. With this latest expansion under Project Vande Bharat, Jazeera now serves a total of 14 Indian cities.
Adnoc Drilling said it has won approval from its shareholders at the AGM for distribution of $1 billion dividends for FY 2025 and also 5% minimum increase to the 2026 payout. These approvals follow a defining year for Adnoc Drilling in which the company delivered record financial and operational performance.
Households, businesses and investors should prepare for 1970’s-style global stagflation, warned Nigel Green, the CEO of the deVere Group, one of the world’s largest independent financial advisory organisations, after private sector output in the euro zone sank to a 10-month low in March.
UAE-based Palma Development has announced that work has been completed on its ultra-premium beachfront residential development - Serenia Living - located on the crescent of Palm Jumeirah. It boasts 226 residences, including two- to four-bedroom apartments as well as one of Dubai’s most exclusive Sky Mansions.
Kanoo Ventures, part of the Yusuf bin Ahmed Kanoo Group and a strategic investor in the specialised healthcare investment fund managed by Esterad Bank, has announced that its Chairman Nabeel Kanoo visited The Eye Infirmary’s main centre in the Seef District.
Volvo Construction Equipment (Volvo CE) has formalised Iron Women as a unified global platform to solve a severe shortage of skilled operators, technicians, and service professionals. The initiative is positioned not as a symbolic gesture but as essential business infrastructure.
Majid Al Futtaim, a leading shopping mall developer and retail and leisure pioneer in the region, said it is deepening its strategic alliance with Alshaya Group, one of the world’s leading brand franchise operators, for a bold new wave of store openings across its regional portfolio.
In a strategic move, Bahrain-based Islamic wholesale bank GFH Financial Group (GFH) said it has rebranded as GFH Bank, in a move that reflects a shift in its business model and aims to sharpen its identity as an integrated banking and investment institution.
Four astronauts blasted off on NASA’s Artemis II mission from Kennedy Space Center in Florida on Wednesday evening on a monumental 10-day flight around the moon and back.
Mazad, a leading digital auctions and marketplace platform in Bahrain, and a Mumtalakat portfolio company, has announced the launch of a special auction for a unique three‑digit vehicle license plate number, 994, in response to the growing demand for distinctive triple‑digit plates.
The second edition of Abu Dhabi Infrastructure Summit (ADIS) kicks off in May this year at the ADNEC Centre, anchored by the emirate's $57 billion infrastructure pipeline spanning housing, transport, culture, education, and social infrastructure, said the event organisers.
An Iranian drone attack struck fuel tanks at Kuwait International Airport on Wednesday, sparking a massive fire but causing no casualties, Kuwait's state news agency KUNA said. The fuel tanks, which belonged to the Kuwait Aviation Fuelling Company (Kafco) have sustained significant damages.
