ECONOMY ROBUST

UAE well-equipped to withstand current crisis, says Al Habtoor

Thu, 02 Apr 2026

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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OIL PRICES JUMP AGAIN

Trump says US-Iran war nearing completion, signals heavier strikes

Thu, 02 Apr 2026

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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10-DAY FLIGHT AROUND MOON

NASA launches astronauts on historic Artemis moon mission

Thu, 02 Apr 2026

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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MONEY MATTERS

1970s-style stagflation could hit global economy, warns deVere CEO

Wed, 25 Mar 2026

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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ANALYSIS

Gulf economies respond decisively as Mideast tensions test market confidence

Tue, 24 Mar 2026

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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Top This Week

IEA, IMF and World Bank join to tackle war-driven economic risks

Wed, 01 Apr 2026

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 announces new fuel prices

Wed, 01 Apr 2026

Bahrain's Fuel Price Committee has approved new fuel prices for the local market for April 2026, according to a GDN Online report.

Modon to cover registration fees for all residential units bought in March

Wed, 01 Apr 2026

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, Baidu’s Apollo Go launch driverless ride-hailing

Wed, 01 Apr 2026

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.

Massive fire after Iranian drones hit fuel tanks at Kuwait Airport

Wed, 01 Apr 2026

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.

Aramco-Dow Chemicals JV shuts down production at Saudi plant

Wed, 01 Apr 2026

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.

MPs seek urgent steps to support Bahrain economy

Wed, 01 Apr 2026

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.

Sharp increase in UAE fuel prices

Wed, 01 Apr 2026

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 warns of attacks on US tech firms

Wed, 01 Apr 2026

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.

Dewa announces $844m cash dividends for H2 2025

Thu, 02 Apr 2026

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 receives 14 awards at Oil & Gas Middle East Awards

Thu, 02 Apr 2026

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.

From Paris to Dubai, Siena opens Its doors in heart of DIFC

Thu, 02 Apr 2026

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 begins operations at Jubail Container Terminal

Thu, 02 Apr 2026

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.

1970s-style stagflation could hit global economy, warns deVere CEO

Wed, 25 Mar 2026

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 unveils new landmark residential project on Al Maryah Island

Thu, 02 Apr 2026

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.

FDA approves Lilly’s Foundayo GLP-1 pill for weight loss

Thu, 02 Apr 2026

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 CE launches Iron Women programme to boost global skills engine

Sun, 29 Mar 2026

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 joins Alshaya for new wave of store openings

Wed, 01 Apr 2026

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.

UAE well-equipped to withstand current crisis, says Al Habtoor

Thu, 02 Apr 2026

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.

GBM Bahrain appoints new General Manager

Thu, 02 Apr 2026

Gulf Business Machines (GBM), an end-to-end digital solutions provider, has appointed Ashesh Mukhopadhyay as the General Manager for its Bahrain operations.

Mazad launches three-digit licence plate auction in Bahrain

Tue, 24 Mar 2026

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.

Abu Dhabi summit to showcase $57bn infrastructure pipeline

Mon, 30 Mar 2026

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.

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