US President Donald Trump said he had agreed to a two-week ceasefire with Iran on Tuesday on the condition that Iran agrees to reopen the critical Strait of Hormuz.
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The US-Iran face-off is the single biggest variable across every asset class - from oil to equities - meaning investors should be bracing for a volatile few days ahead, said an expert. Oil remains at the centre of every market move right now with both crude and brent up over 80% YTD.
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As the deadline set by US President Donald Trump to Iran to agree a deal nears, he has posted a stark message on his social media warning that a civilisation could die tonight.
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The US military conducted strikes on military targets on Iran’s Kharg Island, the Axios news outlet reports, citing an unidentified senior US official. Several blasts have been reported on the Island, a vital oil export terminal for the country, stated Iranian media, adding a rail bridge has been struck in central Iranian city.
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The launch of the world’s first commercial upper 6GHz (U6GHz) network and ecosystem was announced at the SAMENA Council Leaders’ Summit 2026, marking the UAE’s leadership on the U6GHz front, led by the Telecommunications and Digital Government Regulatory Authority (TDRA).
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Adnoc Gas has confirmed shareholder approval of all agenda items at its Annual General Meeting including a record $3.584 billion dividend for 2025, with a final dividend of $896 million payable in May.
Iran said on Monday it wanted a lasting end to the war with the US and Israel, and pushed back against pressure to swiftly reopen the Strait of Hormuz under a temporary ceasefire as US President Donald Trump warned the country could be "taken out" if it did not meet his Tuesday night deadline to reach a deal.
A ministerial committee will assess the economic impact of the hostile Iranian aggression on Bahrain, implementing appropriate measures to support national employment and economic growth.
Danube Group Chairman Rizwan Sajan has assured the company’s 6,000+ workforce that there will be no layoffs and salaries will be paid on time despite the geopolitical uncertainty the region is facing now.
Mira Developments has unveiled Richmond District, a new branded residential development in Dubai's Al Furjan neighbourhood and the area’s first fully integrated master plan, created in collaboration with John Richmond, a luxury brand.
Dubai South, the largest urban master development focused on aviation, logistics, and real estate, has announced a flexible and support package for its SME community at the Business Park, aimed at supporting its growing base of businesses.
Paramount Skydance is in talks to secure equity commitments of almost $24 billion from three sovereign wealth funds led by Saudi Arabia to back its takeover of Warner Bros Discovery, the Wall Street Journal has reported.
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.
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.
The Saudi Heritage Commission, Sadus Foundation and Riyadh Municipality have entered into an agreement to develop the Sadus Historic Village, a prominent archaeological and heritage site in Saudi Arabia. The deal is aimed at rehabilitation of heritage buildings and sites within Sadus.
Borouge, an Abu Dhabi-based petrochemicals company, has announced that it has won shareholder approval for $1.32 billion worth of dividends for FY2025, reflecting its strong operational performance and record sales. The final set of dividend payments for 2025 amounts to $658 million (8.1 fils per share).
The Saudi Heritage Commission, Sadus Foundation and Riyadh Municipality have entered into an agreement to develop the Sadus Historic Village, a prominent archaeological and heritage site in Saudi Arabia. The deal is aimed at rehabilitation of heritage buildings and sites within Sadus.
Saudi Arabia’s Ministry of Commerce said more than 71,000 commercial registrations were issued during the first quarter of 2026, thus bringing the total number of active registrations in the kingdom to more than 1.89 million.
The US-Iran face-off is the single biggest variable across every asset class - from oil to equities - meaning investors should be bracing for a volatile few days ahead, said an expert. Oil remains at the centre of every market move right now with both crude and brent up over 80% YTD.
A quartet of historic Formula One cars spanning some of the most exciting years of the sport will be offered at RM Sotheby’s upcoming Monaco auction. Comprising two Ferraris, one Toleman, and a Fittipaldi, the Grand Prix cars are expected to sell for more than €10 million ($11.5 million).
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.
Keeta, a technology-driven delivery platform, has announced a support initiative for small and medium-sized enterprises (SMEs) across Bahrain, reinforcing its commitment to strengthening local business ecosystems and supporting its partners.
Saudi Arabia’s Ministry of Commerce said more than 71,000 commercial registrations were issued during the first quarter of 2026, thus bringing the total number of active registrations in the kingdom to more than 1.89 million.
Veeam Software, the Data and AI Trust Company, has announced a series of leadership promotions and appointments across its Europe, Middle East and Africa (EMEA) East region, reinforcing its commitment to customer success, regional growth and technical excellence.
A quartet of historic Formula One cars spanning some of the most exciting years of the sport will be offered at RM Sotheby’s upcoming Monaco auction. Comprising two Ferraris, one Toleman, and a Fittipaldi, the Grand Prix cars are expected to sell for more than €10 million ($11.5 million).
The Black Gold Museum at the King Abdullah Petroleum Studies and Research Center (KAPSARC) in Riyadh was inaugurated on Tuesday, marking a significant milestone in Saudi Arabia’s cultural landscape.
US President Donald Trump said he had agreed to a two-week ceasefire with Iran on Tuesday on the condition that Iran agrees to reopen the critical Strait of Hormuz.
