Global travel and tourism is forecast to continue outpacing wider economic growth in 2026, with the sector expected to contribute $12 trillion to the world economy, accounting for 9.9% of global GDP, according to new data from the World Travel & Tourism Council.
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DHL Express signed a 10-year offtake agreement with SAF One to source 250,000 metric tonnes of SAF from Bahrain starting in 2028, integrating the Middle East’s first SAF facility into DHL’s global network and supporting its 2030 sustainability targets.
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Dubai Holding and the Investment Corporation of Dubai (ICD) have announced that Dubai Holding has acquired a 22.27 per cent equity stake in Emaar Properties from ICD, increasing its total shareholding to 29.73 per cent and making it the company’s largest shareholder.
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Emaar Properties delivered a strong start to the year 2026, supported by sustained demand across its core segments. In Q1 2026, Emaar’s revenue increased by 23 percent, while EBITDA grew faster at 34 percent, reflecting operating leverage, portfolio quality, and sustained cost discipline.
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For years, the technology industry sold artificial intelligence as a miracle solution that would cut costs, eliminate inefficiency and usher in a new era of productivity. But beneath the glossy presentations and billion-dollar valuations lies a more uncomfortable truth: AI is not cheap, writes Emmanuel Abara Benson in an Impact Newswire article.
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Abu Dhabi Investment Office (ADIO) and Abu Dhabi Projects and Infrastructure Centre (ADPIC) have launched a new pipeline of public-private partnership (PPP) projects with a total value of AED55 billion ($14.98 billion), as part of the emirate’s wider PPP programme.
UAE developer Danube Group has launch of its first large-scale integrated master villa community - Greenz by Danube - in Dubai. Set for 2029 handover, it will feature three- and four-bedroom townhouses, along with five-bedroom semi-detached and twin villas - all with private lifts and sky gardens.
Etihad Rail, the developer of UAE's national railway network, has announced that final preparations are under way on both its freight and passenger rail projects, as well as the its strategic plans for the coming years, including the expansion of its logistics services ecosystem.
Saudi-based Rowad Modern Engineering has announced the successful completion of the design and execution of the Ministry of Culture’s headquarters in Diriyah, marking a landmark achievement that reflects the seamless integration of contemporary architecture with the kingdom’s rich historical identity.
US President Donald Trump on Sunday rejected Iran’s response to a US peace proposal as “totally unacceptable,” dealing a fresh blow to efforts to end the conflict and raising the risk of renewed instability in the Gulf, where shipping through the Strait of Hormuz remains severely disrupted.
Iran has formally presented to Pakistani mediators its response to the latest US proposal aimed at ending the war, a source familiar with the matter confirmed on Sunday.
The Qatari Ministry of Defence has reported that a commercial cargo vessel in the country's territorial waters - northeast of Mesaieed Port- was targeted by a drone on Sunday morning.
The UAE Ministry of Education and the Ministry of Higher Education and Scientific Research have announced the resumption of in-person learning.
Dubai’s Roads and Transport Authority (RTA) has opened Mall of the Emirates Smart Bus Station, Dubai’s first smart bus station, marking a step change in RTA’s drive to develop an integrated public transport network powered by digital technologies.
Kaiterra, a global leader in indoor air quality monitoring and optimisation for commercial real estate, has announced the opening of its new regional hub in Dubai. It is the first of several Kaiterra offices planned across the Gulf, as regional demand continues to accelerate.
ENKA and GE Vernova have launched commercial operations at Türkiye’s first HA-powered 852 MW Kırklareli power plant, near the Bulgarian border, marking a key milestone in modernising the country’s power generation infrastructure.
Abu Dhabi is marking International Museum Day by showcasing its expanding cultural network across Saadiyat Island, Al Ain, and Al Dhafra, reinforcing its position as a leading global hub for museums and heritage experiences, with select free access offered.
Kaiterra, a global leader in indoor air quality monitoring and optimisation for commercial real estate, has announced the opening of its new regional hub in Dubai. It is the first of several Kaiterra offices planned across the Gulf, as regional demand continues to accelerate.
For years, the technology industry sold artificial intelligence as a miracle solution that would cut costs, eliminate inefficiency and usher in a new era of productivity. But beneath the glossy presentations and billion-dollar valuations lies a more uncomfortable truth: AI is not cheap, writes Emmanuel Abara Benson in an Impact Newswire article.
Mered, a leading real estate developer, has unveiled a floating sales gallery on the waters of Al Reem Island, created as an exclusive introduction to its waterfront project - Riviera Residences - in Abu Dhabi. A first-of-its-kind immersive venue, it signals a new chapter in experiential real estate in the UAE.
The Emirates Drug Establishment (EDE) has approved Baxfendy, an innovative medicine containing the active substance baxdrostat, developed by AstraZeneca.
Manipal Academy of Higher Education (MAHE) Dubai Campus has unveiled NEXORA, a next-generation Artificial Intelligence lab designed to equip students with applied, real-world AI capabilities.
Snoonu, a fast-growing super-app, has been officially launched in Kuwait, marking a significant step in its expansion across the GCC.
Bank ABC has appointed Paul Jennings as Group Chief Executive Officer, effective August 5, 2026, following the approval of its Board of Directors and the Central Bank of Bahrain.
Zain Group, a leading TechCo providing innovative ICT and digital communications in eight markets across the Middle East and Africa, recorded a consolidated revenue growth of 6% to reach KD569 million ($1.86 billion) for Q1 2026.
ROX, a premium automotive manufacturer specialising in intelligent new energy vehicle, has announced a strategic agreement with Khalifa Economic Zones Abu Dhabi - KEZAD Group to establish the Middle East’s first Advanced AI Manufacturing Centre for luxury vehicles.
UAE-born interactive media platform Exscape, which surpassed 11 million downloads earlier this month, is reshaping the future of digital entertainment by introducing a new model of gaming centred on sustained user engagement and a “play-to-win” philosophy that rewards participation, consistency, and skill.
The Saudi Ministry of Hajj and Umrah has launched a global awareness campaign warning pilgrims against falling victim to fraudulent advertisements and "fake" Hajj permits.
