$3 BILLON DEAL

Emirates NBD to acquire majority stake in Indian bank RBL

Sat, 18 Oct 2025

Leading UAE bank Emirates NBD has announced plans to acquire a majority stake in RBL Bank, one of India’s leading listed private sector banks, through a primary infusion of $3 billion, the largest FDI and equity raise in the Indian banking sector till date.

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PROGRAMME PART OF $1bn ALLIANCE

AWS, e& to train 30,000 people in AI, cloud tech in UAE

Fri, 17 Oct 2025

Amazon Web Services (AWS) and global technology group e& are bringing to life their digital transformation vision with the launch of the nationwide initiative “AI Nation – Afaaq” programme to train 30,000 individuals in machine learning (ML) and artificial intelligence (AI) technologies.

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WEF MEETINGS IN DUBAI

Technology, collective action key for secure future: Experts

Fri, 17 Oct 2025

Emerging technologies, coordinated governance and collective action are essential to build a secure, sustainable and equitable future, experts said at the World Economic Forum Annual Meetings of the Global Future Councils and Cybersecurity in Dubai.

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INSIGHT

Supply chain anxiety down, cybersecurity concerns rise: study

Fri, 10 Oct 2025

While global supply chain anxiety has eased slightly from record highs earlier this year, procurement leaders remain alert to mounting risks, including tariffs, geopolitical instability, and a sharp rise in cybersecurity threats, says the latest CIPS Pulse Survey.

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ANALYSIS

AI optimism fuels markets amid global political turbulence

Thu, 09 Oct 2025

Relentless optimism surrounding artificial intelligence (AI) continues to propel global markets, even as political and fiscal uncertainty dominates headlines in the United States, Europe, and the United Kingdom, according to a recent research note from Barclays.

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Top This Week

Saudi Arabia's Midad Energy signs $5.4bn Algeria hydrocarbons deal

Tue, 14 Oct 2025

Algeria's Sonatrach and Saudi company Midad Energy North Africa have signed a production-sharing hydrocarbon contract for the exploration and exploitation of hydrocarbons on the contractual perimeter of Illizi South, located nearly 100 km south of In Amenas.

Trump declares 'peace in the Middle East'

Tue, 14 Oct 2025

US President Donald Trump declared "peace in the Middle East" during his speech to a gathering of world leaders in Egypt to inaugurate his plan to end the war in Gaza.

Aramco will stay dominant in oil, asserts Nasser

Mon, 13 Oct 2025

Aramco President & CEO Amin H Nasser has emphasised the importance of energy addition to meet rising global demand and Aramco's determination to remain dominant in oil.

Joy as Hamas releases hostages, Israel frees prisoners

Mon, 13 Oct 2025

Hamas has released all 20 of the living captives it had been holding in the Gaza Strip, while Israel has begun freeing about 2,000 Palestinian prisoners under the conditions of the ceasefire deal.

HP commences operations at Saudi manufacturing facility

Mon, 13 Oct 2025

HP has opened its new state-of-the-art manufacturing facility in Riyadh, Saudi Arabia and confirmed the launch of an AI R&D Center of Excellence (CoE) in Dhahran.

Open rules-based trade must to drive development of nations: UAE

Mon, 13 Oct 2025

UAE believes that open rules-based trade remains an essential driver of long-term development for nations across the world, Foreign Trade Minister Dr Thani bin Ahmed Al Zeyoudi said during the G20 Trade and Investment Ministerial Meeting (TIMM) in Gqeberha, South Africa.

2,000 startups, 1,200 investors connect at Expand North Star event

Mon, 13 Oct 2025

Expand North Star by Gitex Global, the world’s largest startup and investor connector event, opened on Sunday aiming to elevate funding, scaling, and deal-flow levels – catalysing new partnerships and driving inclusive digital growth across emerging AI economies.

Bitcoin’s plunge after tariff shock: A correction or trend reversal?

Mon, 13 Oct 2025

Bitcoin's reaction to US President Donald Trump's recent announcement of 100% tariff on all imports from China illustrates how Bitcoin retains the reflexive behaviour of a free market instrument. It serves as an instant mirror of global risk sentiment, where every shift in policy expectations is priced in directly and without mediation, says Linh Tran, Market Analyst at XS.com

L&T consortium secures $1.68bn mega Mideast gas plant contract

Sun, 12 Oct 2025

Indian engineering conglomerate Larsen & Toubro (L&T) said its key business unit LTEH, in consortium with Greek company Consolidated Contractors, has won a Rs150 billion ($1.68 billion) order for setting up a natural gas liquids plant and allied facilities in the Middle East.

Italy's flagship event to spotlight climate tech, circular economy

Sun, 19 Oct 2025

Ecomondo, Italy’s flagship event for green and circular economy sectors, will be back for its 28th edition next month in the city of Rimini with an expanded international agenda and over 800 experts expected to participate.

Suriname emerges as Caribbean’s next O&G powerhouse

Sun, 19 Oct 2025

Suriname is becoming a significant player in global energy, with major offshore oil discoveries and recoverable resources of 2.4 billion barrels of oil equivalent and 12.5 trillion cubic feet of natural gas. Rapid exploration is expected, with production anticipated between 2025 and 2027.

Arada inks construction contract for Rove Aljada complex

Sun, 19 Oct 2025

Arada has awarded the construction contract for the Rove Aljada hotel cluster, located within the AED35 billion ($9.5 billion) Sharjah megaproject. Spread across four blocks, the hotel and branded residences buildings will be completed by the end of 2027.

Gradiant gets new funding for mission-critical water solutions worldwide

Sun, 19 Oct 2025

Gradiant, a leader in advanced water and wastewater solutions, has announced the closing of a key corporate facility with HSBC, which brings its total credit to over $100 million. The new funding reflects its growing capital maturity and profitability.

Supply chain anxiety down, cybersecurity concerns rise: study

Fri, 10 Oct 2025

While global supply chain anxiety has eased slightly from record highs earlier this year, procurement leaders remain alert to mounting risks, including tariffs, geopolitical instability, and a sharp rise in cybersecurity threats, says the latest CIPS Pulse Survey.

Editions back at d3 as part of Dubai Design Week

Sun, 19 Oct 2025

Editions, a key industry event for limited-edition arts and design, will be back at d3 next month as part of Dubai Design Week, featuring prints, ceramics and contemporary design from regional and international galleries as well as design studios.

Ithmaar Bank marks Bahrain’s tree-planting day

Fri, 17 Oct 2025

Ithmaar Bank, a Bahrain-based Islamic retail bank, participated in the National Tree Week in support of the National Action Plan to achieve carbon neutrality.

Bahraini 'Tech Innovators' shine bright at Gitex Global 2025

Sun, 19 Oct 2025

The Bahrain Technology Companies Society (BTECH) and WorkSmart Event Management ended Gitex Global on a successful note with the kingdom's students putting up an impressive show at the Dubai event with their tech projects and creative skills.

Souk Al Jubail unveils retail partners lineup at Abu Dhabi's lifestyle hub

Thu, 16 Oct 2025

Jubail Island has announced the first wave of premium retail partners set to open at Souk Al Jubail, a pivotal milestone in establishing the island’s social heart as a premier destination for refined living. These openings mark the next stage in Jubail Island’s development.

CFA Society Bahrain names new board of directors

Sun, 19 Oct 2025

CFA Society Bahrain (Bahrain Investment Professionals Society) has officially announced the appointment of its new board of directors for the term 2025-2027, marking the beginning of an exciting new chapter for the organisation.

Bahraini 'Tech Innovators' shine bright at Gitex Global 2025

Sun, 19 Oct 2025

The Bahrain Technology Companies Society (BTECH) and WorkSmart Event Management ended Gitex Global on a successful note with the kingdom's students putting up an impressive show at the Dubai event with their tech projects and creative skills.

K2, Neolix to boost autonomous delivery vehicles deployment in UAE

Tue, 14 Oct 2025

K2, an Abu Dhabi–based advanced tech company, has announced a strategic collaboration with Neolix, an autonomous tech company, to accelerate the deployment and local operation of its autonomous delivery vehicles across the UAE.

Salman Khan to rock Doha in his first live debut show

Wed, 15 Oct 2025

Bollywood superstar Salman Khan is all set to dazzle Doha with his first live debut show in the Qatari capital. He will be joined by India’s top stars -Tamannaah Bhatia, Jacqueline Fernandez, Sonakshi Sinha and dancing sensation Prabhu Deva.

IHC buys majority stake in Pakistan's First Women Bank

Sat, 18 Oct 2025

IHC, an Abu Dhabi-based investment company, has announced that it has acquired a majority stake in the state-owned First Women Bank Limited (FWBL) based in Karachi, Pakistan, offering a comprehensive range of retail, SME services.

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