Time is rapidly running out for Donald Trump’s ultimatum to Iran, with the American president warning that Tehran faces devastating consequences if it fails to reopen the Strait of Hormuz before his deadline of 8:00 p.m. EDT Tuesday (00:00 GMT Wednesday).
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The Gulf’s business community remained resilient in March, with new data from Sovereign PPG Corporate Services revealing that company formation and structuring accounted for 55% of all its client activity in March, up from 42% in January and 48% in February, highlighting sustained confidence despite ongoing regional tensions.
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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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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.
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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.
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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.
A missing US service member whose F-15 jet was shot down over Iran has been rescued by US forces in an operation that involved “dozens of aircraft,” President Donald Trump said.
Kuwait’s leading low-cost carrier Jazeera Airways has announced the launch of flights to three new destinations in the Indian sub-continent - Peshawar and Sialkot in Pakistan, and the South Indian city of Coimbatore, further accelerating its rapid network expansion and supporting essential travel demand.
Bahrain's Ministry of Interior announced early today that four civilians sustained minor injuries and a number of homes in Sitra area were damaged as a result of falling debris caused by the interception and destruction of an Iranian drone.
Saudi-based Al Ramz Real Estate Company has announced plans to set up a shariah-compliant real estate investment fund, aimed at developing a key residential project in Jeddah. Located within the Al Firdous district, the integrated community development will boast 900 residential units as well as key amenities.
Two US ​warplanes were downed over Iran, said media reports, with two pilots rescued and a third still missing and being hunted ‌by Tehran's forces. The incidents show the risks still faced by US jets over Iran despite assertions from President Donald Trump that their forces had total control of the skies.
Abu Dhabi authorities said they responded to two incidents of falling shrapnel at the Habshan gas facilities and the Ajban area, following successful interception by air defence systems.
The Dubai real estate market recorded 47,996 sales transactions worth AED176.7 billion ($48.11 billion) in Q1 2026, a 5.5% year-on-year increase in volume and a 23.4% rise in value, as the property sector showed strong resilience in March.
Abu Dhabi has taken a major step toward transforming how disease is detected, prevented and treated, with the inauguration of the Abu Dhabi Biobank, a platform that connects biological samples with genomic, lifestyle and clinical data to enable earlier action and more personalised care.
Saudi Arabia’s Northern International Highway continues to serve as one of the Kingdom’s most strategically important transport corridors, reinforcing regional trade links and cross-border mobility across the Middle East and beyond.
Fluor Corporation signed a contract with X-energy to support an advanced nuclear project at Dow’s Seadrift site in Texas, initially delivering FEL-2 services covering planning, feasibility, cost control, and risk mitigation.
Gulf Air, the national carrier of Bahrain, has expanded its temporary operations from King Fahd International Airport with the addition of four new South Asian destinations: Lahore, Islamabad, Kochi, and Dhaka.
Saudi Arabia has extended the timeline for application submission for the "Wave 3 of the Exploration Enablement Program (EEP)" of its mining exploration programme.
The Gulf’s business community remained resilient in March, with new data from Sovereign PPG Corporate Services revealing that company formation and structuring accounted for 55% of all its client activity in March, up from 42% in January and 48% in February, highlighting sustained confidence despite ongoing regional tensions.
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.
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, 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.
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.
Kuwait-based budget carrier Jazeera Airways said its board has decided to defer a dividend decision for FY 2025, citing uncertainty linked to the Middle East conflict. The move is intended to provide greater clarity on evolving conditions, including the timeline for operational normalisation in the country.
Cisco, a global leader in networking and security, has appointed Bader Almadi as Vice President, Cisco Saudi Arabia.
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.
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.
Time is rapidly running out for Donald Trump’s ultimatum to Iran, with the American president warning that Tehran faces devastating consequences if it fails to reopen the Strait of Hormuz before his deadline of 8:00 p.m. EDT Tuesday (00:00 GMT Wednesday).
