The UAE is well equipped to withstand the current regional crisis and has overcome far more severe shocks in the past, prominent Emirati businessman Khalaf Ahmad Al Habtoor said on Thursday, reacting to warnings by American economist Jeffrey Sachs.
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US President Donald Trump said the American military campaign against Iran is “nearing completion,” while warning that Washington is prepared to intensify strikes over the next two to three weeks if necessary.
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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.
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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.
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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.
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The heads of the International Energy Agency, International Monetary Fund, and World Bank on Wednesday said they will form a coordination group to maximise their response to the significant economic and energy impacts of the war in the Middle East.
Bahrain's Fuel Price Committee has approved new fuel prices for the local market for April 2026, according to a GDN Online report.
Modon, a developer of iconic projects and experiences in the UAE, has announced that it will cover registration fees for all residential units purchased in March, in recognition of its customers’ trust.
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.
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.
Sadara Chemical, a joint venture between Saudi oil giant Aramco and US chemicals firm Dow, has announced that it has temporarily shut down production at its parent-operated plant. Sadara Chemical operates a complex in Jubail with an annual production capacity of 3 million MT of chemicals and plastics.
Four urgent proposals aimed at easing economic pressure, protecting consumers and supporting food security due to the Iranian attacks were unanimously approved by Bahrain MPs yesterday and referred to the Cabinet for urgent review, a Gulf Daily News report said.
The UAE has increased fuel prices sharply for April 2026 amid rising oil prices globally, following the Middle East conflict and closure of Strait of Hormuz by Iran.
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.
Dubai Electricity and Water Authority (Dewa) has announced plans to distribute cash dividends worth AED3.1 billion ($844 million) to its shareholders for the second half of 2025. This comes after Dewa delivered solid financial results last year netting an annual revenue of AED32.8 billion ($8.9 billion).
Adnoc has received 14 awards at the Oil & Gas Middle East Awards 2026 in Dubai, underscoring the reliability, resilience and excellence of its people and operations.
Siena Restaurant Dubai will open on April 7, 2026, in DIFC (Gate Village 7), bringing the Paris-born concept to the city through a partnership between founder Mehdi Abdelhedi and Paris Society CEO Rizwan Kassim.
Saudi Global Ports Group (SGP) has begun operations at the Jubail Container Terminal (JCT) at Jubail Commercial Port under a long-term privatisation agreement with the Saudi Ports Authority (Mawani), spanning 30 years.
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.
Killa Design has revealed a sculptural new landmark in Abu Dhabi - Jumeirah Residences Al Maryah Island - that is shaped by the studio’s future-driven philosophy, designing architecture that responds to how people live, how cities evolve, and how buildings endure over time.
Eli Lilly and Company has announced that the US Food and Drug Administration (FDA) has approved Foundayo (orforglipron) for adults with obesity, or overweight with weight-related medical problems.
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.
The UAE is well equipped to withstand the current regional crisis and has overcome far more severe shocks in the past, prominent Emirati businessman Khalaf Ahmad Al Habtoor said on Thursday, reacting to warnings by American economist Jeffrey Sachs.
Gulf Business Machines (GBM), an end-to-end digital solutions provider, has appointed Ashesh Mukhopadhyay as the General Manager for its Bahrain operations.
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.
All Dubai government entities were directed to integrate services for individuals and businesses into a unified digital ecosystem within one year.
