Across the Gulf’s glittering skylines, where cranes signal progress and megaprojects reshape the horizon, a more subdued story is taking shape beneath the surface. Rising inflation, supply chain disruptions and broader global uncertainty are steadily driving up living costs, placing increasing pressure on construction professionals, writes Matt Doran, Senior Regional Manager MENA, Chartered Institute of Building.
The UAE Fuel Price Committee announced May 2026 fuel prices, keeping diesel unchanged to support logistics and supply chains, while petrol saw minor adjustments reflecting global trends under a flexible, transparent monthly pricing system ensuring market stability.
Wego, an online travel marketplace in Mena, has announced a strategic collaboration with the Türkiye Tourism Promotion and Development Agency (TGA) to enhance how travellers across the Mena region discover, explore, and plan trips to Türkiye.
Saudi Arabia's National Shipping Company Bahri has delivered solid results for the first quarter of 2026 with a 129% growth in its revenue which soared to SAR4.96 billion ($1.32 billion) driven primarily by higher freight rates, while its net profit surged to hit SAR2.15 billion ($572 million).
Across the Gulf’s glittering skylines, where cranes signal progress and megaprojects reshape the horizon, a more subdued story is taking shape beneath the surface. Rising inflation, supply chain disruptions and broader global uncertainty are steadily driving up living costs, placing increasing pressure on construction professionals.
UAE-based Durar Group has appointed Ali & Sons as the main contractor for its flagship branded residential development - Moonstone Interiors by Missoni - on Al Marjan Island in Ras Al Khaimah. A premium development, it features 226 sea-facing residences along with key amenities.
The Emirates Drug Establishment (EDE) has officially granted approval for EURneffy, a novel epinephrine-based treatment available in 1 mg and 2 mg strengths, making the UAE the first country in the region to authorise this innovative therapy.
Qatar's Public Works Authority (Ashghal) has announced that over 90% work is now complete at Sidra - Education City project and is on track for opening by year-end. Spanning 74,000 sq m, the key educational facility features a main two-storey building with classrooms and multi-purpose halls.
E-commerce business in the UAE jumped by 20 per cent since February this year, as most consumers maintained work from home and study from home to ensure public safety, according to a report.
Citi has announced senior leadership appointments across its Banking & International franchise, effective August, with roles based between London and Dubai.
Ooredoo, a major telecom company, has announced a strong start to 2026, delivering higher profitability and solid earnings momentum in the first quarter.
A new partnership between Parkin, the largest provider of paid public parking facilities and services in Dubai, Glydways, the first company providing Flow Networks (AV2.0) to global cities, will integrate autonomous mobility into Dubai’s parking network.
FROMM., a luxury contemporary furniture and home accessories design brand operating from Doha (Qatar) and Milan (Italy), has announced that it has signed a new partnership agreement with Sharjah Research, Technology and Innovation Park at the recent Milan Design Week event.
Mixed signals from the United States are adding to uncertainty over the direction of the Iran conflict, even as Donald Trump is set to receive a high-level military briefing on potential next steps.