Qatari LNG Tanker heads for Strait of Hormuz as peace talks await Iran response

Sun, 10 May 2026

A Qatari liquefied natural gas (LNG) tanker was sailing toward the Strait of Hormuz on Saturday in what would be the first such transit since the outbreak of the US-Israel- Iran war, even as uncertainty persisted over peace efforts with Washington still awaiting Tehran's response to a proposal.

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SUSTAINABLE URBAN GROWTH

Oman launches ambitious Greater Muscat Structure Plan

Sat, 09 May 2026

Oman has officially launched the Greater Muscat Structure Plan, a landmark urban strategy that lays out a bold vision to transform the capital region into one of the Middle East’s most sustainable, connected and competitive metropolitan areas.

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200 DEALS AT MAKE IT IN THE EMIRATES

UAE plans $49bn industrial procurement drive, to localise 5,000 products

Fri, 08 May 2026

The UAE sealed hundreds of billions of dirhams in industrial deals, investments, and commitments this week at Make it in the Emirates 2026 — the fifth and largest edition of the country’s flagship industrial platform — closing a week that demonstrated the UAE is 'built to keep building'.

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APRIL TRANSACTIONS UP 2%

Dubai property market 'shows signs of stabilisation'

Fri, 08 May 2026

Dubai’s property market is showing early signs of stabilisation approximately 67 days into the regional conflict, according to betterhomes’ latest monthly market webinar held on Thursday (May 7).

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INSIGHT

SaaS’ next big opportunity could come from agentic AI: report

Fri, 08 May 2026

Software-as-a-Service (SaaS) created by agentic AI’s ability to automate cross-system coordination work offers over $200 billion worth opportunity says a news research by Bain & Company..

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Top This Week

US hits Iran sites after attacks on American warships; Truce stays says Trump

Fri, 08 May 2026

US forces attacked Iranian military facilities after Iran launched “unprovoked” missile, drone and small boat attacks against American warships transiting the Strait of Hormuz, US Central Command (CENTCOM) said.

Savola Group delivers solid results for Q1; net profit up 50pc

Thu, 07 May 2026

The Savola Group, a leading strategic investment holding group in the regional food and retail industry, has reported a 50.4% growth in its net profit for the first quarter, while its revenue hit SAR7.3 billion ($1.94 billion), helped by stronger performance in its food processing business and improved margins.

TA’ZIZ secures $2bn financing for UAE’s first world-scale methanol plant

Thu, 07 May 2026

Abu Dhabi-based TA’ZIZ has announced that its joint venture with Swiss-headquartered Proman, has achieved financial close on $2 billion financing for the UAE’s first world scale methanol plant in Al Ruwais Industrial City. The transaction was significantly oversubscribed, underscoring the strong global confidence in its strategy.

Emirates Group reports record $6.6bn profit in 2025–26, up 7%

Thu, 07 May 2026

The Emirates Group reported record 2025–26 results, with profit before tax rising 7% to $6.6 billion, revenue increasing 3% to $41 billion, and cash assets growing 12% to $16.2 billion across Emirates airline and dnata.

UAE to focus on attracting FDI into advanced manufacturing

Thu, 07 May 2026

Attracting international capital into advanced manufacturing is central to the UAE's long-term economic vision, said Mohamed Hassan Alsuwaidi, UAE Minister of Investment.

ROX to set up Advanced AI Manufacturing Centre for luxury vehicles in KEZAD

Thu, 07 May 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.

Mubadala buys minority stake in Power Factors

Thu, 07 May 2026

Mubadala Investment Company, an Abu Dhabi-based global investor, today announced a significant minority investment in Power Factors, a leading renewable energy management suite (REMS) provider, alongside existing investor Vista Equity Partners.

Global debt reaches record $353 trillion

Thu, 07 May 2026

Global debt rose to a record level of around $353 trillion by the end of last March, according to the Institute of International Finance (IIF).

IHC's Q1 profit soars 98.5% to $2.23 billion

Thu, 07 May 2026

IHC, an Abu Dhabi-headquartered global investment company focused on building dynamic value networks, reported a revenue of AED31.4 billion ($8.55 billion) for the first quarter of 2026, up 33.2% year-on-year, and profit after tax of AED8.2 billion ($2.23 billion), an increase of 98.5%.

ACICO delivers solid results for Q1, operating revenues up 23pc

Sun, 10 May 2026

ACICO Group, a full-service, multi-sector construction group, has announced solid results for the first quarter of 2026 registering a 23% growth in its operating revenues, thus reflecting robust growth despite the geopolitical conditions affecting the region and the resulting operational and market challenges.

Qatari LNG Tanker heads for Strait of Hormuz as peace talks await Iran response

Sun, 10 May 2026

A Qatari liquefied natural gas (LNG) tanker was sailing toward the Strait of Hormuz on Saturday in what would be the first such transit since the outbreak of the US-Israel- Iran war, even as uncertainty persisted over peace efforts with Washington still awaiting Tehran's response to a proposal.

Bahrain Airport Services set to launch Saudi operations

Sun, 10 May 2026

Bahrain Airport Services (BAS) has announced plans to launch operations in the Kingdom of Saudi Arabia in a strategic move that reflects the company’s drive to expand beyond Bahrain and solidify its position as a leading regional aviation services provider.

Invisible barriers reshaping global trade: UNCTAD

Sat, 09 May 2026

The May edition of the Global Trade Update shows that while tariffs rose sharply in 2025, they have not been the main obstacle to trade over the past decades. The biggest costs now come from non-tariff measures such as technical regulations, health and safety requirements.

The end of trading hubs: Capital is flowing to the factory floor

Fri, 08 May 2026

By early 2026, the digital asset race has moved past the era of jurisdictional 'storefronts' for secondary trading and into the industrialization of the 'factory floor,' writes Faisal Monai, CEO and Co-Founder of droppRWA, in an exclusive article to TradeArabia.

Mered launches floating sales gallery on Al Reem Island

Tue, 05 May 2026

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.

UAE announces remote learning for higher education institutions

Mon, 04 May 2026

The UAE Ministry of Higher Education and Scientific Research today announced the temporary transition to remote learning across all higher education institutions in the country, effective from Tuesday, May 5, 2026, through Friday, May 8, 2026.

Tanishq kicks off its 'Festival of Exchange' campaign in UAE

Mon, 04 May 2026

Tanishq, a leading Indian jewellery brand and a TATA product, has announced the launch of its Festival of Exchange across the UAE. The campaign, headlined by cricket icon Sachin Tendulkar, offers zero per cent deduction on the exchange of old gold, across all its outlets in Abu Dhabi, Dubai and Sharjah.

HSBC appointed International Primary Dealer in Saudi Arabia

Thu, 07 May 2026

HSBC has been appointed as an International Primary Dealer by the Saudi Ministry of Finance and National Debt Management Center (NDMC), enabling the global bank to act as an intermediary between foreign investors and Saudi Arabia’s local government debt instruments.

UAE ranks first globally in AI adoption says Microsoft report

Sun, 10 May 2026

The United Arab Emirates (UAE) has further strengthened its global position in the adoption of artificial intelligence technologies, ranking first worldwide with a rate of 70.1 percent among the working-age population during the first quarter of 2026, according to Microsoft AI Diffusion Report for Q1 2026.

ROX to set up Advanced AI Manufacturing Centre for luxury vehicles in KEZAD

Thu, 07 May 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.

Global Games Show Riyadh unveils star-studded speaker lineup

Fri, 08 May 2026

The Global Games Show in Riyadh, Saudi Arabia, will be held on June 29 and 30, 2026, highlighting the Kingdom’s position as an internationally recognised gaming and e-sports destination.

Bahrain busts group linked to Iran's IRGC

Sun, 10 May 2026

Bahrain's Ministry of Interior (MOI) has announced that security authorities had uncovered a group linked to Iran’s Revolutionary Guard Corps (IRGC) and the ideology of Wilayat al-Faqih.

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