Software-as-a-Service (SaaS) created by agentic AI’s ability to automate cross-system coordination work offers over $200 billion worth opportunity says a news research by Bain & Company..
Read more
US forces attacked Iranian military facilities after Iran launched “unprovoked” missile, drone and small boat attacks against American warships transiting the Strait of Hormuz, US Central Command (CENTCOM) said.
Read more
The Emirates Group reported record 2025–26 results, with profit before tax rising 7% to $6.6 billion, revenue increasing 3% to $41 billion, and cash assets growing 12% to $16.2 billion across Emirates airline and dnata.
Read more
Attracting international capital into advanced manufacturing is central to the UAE's long-term economic vision, said Mohamed Hassan Alsuwaidi, UAE Minister of Investment.
Read more
IHC, an Abu Dhabi-headquartered global investment company focused on building dynamic value networks, reported a revenue of AED31.4 billion ($8.55 billion) for the first quarter of 2026, up 33.2% year-on-year, and profit after tax of AED8.2 billion ($2.23 billion), an increase of 98.5%.
Read more
The US authorities believe they are nearing an agreement with Iran on a one-page memorandum of understanding aimed at ending the ongoing conflict and establishing a framework for more detailed nuclear negotiations, said an Axios report.
Leading Chinese firms are set to start work on a 130-km road linking Abha in Saudi Arabia’s Aseer province with Jazan, in a project valued at SAR19 billion ($5 billion), said a top Saudi official. The project scope includes construction of 26 bridges and tunnels as well as key infrastructure for multimodal transport systems.
Ladun Investment Company has secured SAR2.39 billion ($637 million) contracts to carry out infrastructure development work at Al Qirawan and Al Narjis districts as well as the Namar real estate development - in the Saudi capital. They will be executed in consortium with Al Ayuni Investment and Contracting.
Aramco and IBM announced their intended collaboration on opportunities to advance AI, agentic AI, automation, material science and other mutually agreed domains in the industrial sector.
The UAE Ministry of Industry and Advanced Technology (MoIAT) has unlocked AED18 billion ($4.9 billion) in competitive financing for the industrial sector to help manufacturers scale their production.
Dana Gas and Levidian, a British advanced materials company, have signed a memorandum of understanding (MoU) to develop the Sharjah Graphene Park, a UAE-based advanced materials manufacturing and commercialisation initiative.
The Saudi Authority for Industrial Cities and Technology Zones (MODON) recorded strong performance in 2025, attracting a total investment of approximately SAR30 billion ($8 billion), a 25% growth over the previous year.
The Comprehensive Economic Partnership Agreements (CEPA), which the UAE has concluded with 36 countries so far, have enabled the UAE’s non-oil foreign trade to surpass $1 trillion (AED3.8 trillion) in 2025, said a senior official.
US President Donald Trump said the US military will temporarily pause “Project Freedom” — the military-backed plan to guide commercial vessels through the Strait of Hormuz — signalling a potential easing of tensions with Iran.
Ritchie Bros. an RB Global company and a leader in asset management and equipment disposition across Europe and Middle-East, is preparing for an expanded auction calendar with the arrival of spring, following a record-breaking first quarter.
The UAE Ministry of Industry and Advanced Technology (MoIAT), Emirates Development Bank (EDB), and ADNOC have signed a memorandum of understanding, making ADNOC the first partner to support the UAE Cabinet's newly announced AED1 billion National Industrial Resilience Fund (NIRF).
Riyadh Airports Company, which manages and operates King Khalid International Airport in Riyadh, achieved a new global accomplishment by winning four awards at the 2026 Stevie Awards.
Abu Dhabi Airports has welcomed Thailand-based all-cargo carrier K-Mile Air to Zayed International Airport (AUH) following the commencement of freighter operations from May 4.
By early 2026, the digital asset race has moved past the era of jurisdictional 'storefronts' for secondary trading and into the industrialization of the 'factory floor,' writes Faisal Monai, CEO and Co-Founder of droppRWA, in an exclusive article to TradeArabia.
Mered, a leading real estate developer, has unveiled a floating sales gallery on the waters of Al Reem Island, created as an exclusive introduction to its waterfront project - Riviera Residences - in Abu Dhabi. A first-of-its-kind immersive venue, it signals a new chapter in experiential real estate in the UAE.
Mubadala Investment Company, the Abu Dhabi-based sovereign investor, has invested $75 million in WHOOP, the human performance company.
The UAE Ministry of Higher Education and Scientific Research today announced the temporary transition to remote learning across all higher education institutions in the country, effective from Tuesday, May 5, 2026, through Friday, May 8, 2026.
Tanishq, a leading Indian jewellery brand and a TATA product, has announced the launch of its Festival of Exchange across the UAE. The campaign, headlined by cricket icon Sachin Tendulkar, offers zero per cent deduction on the exchange of old gold, across all its outlets in Abu Dhabi, Dubai and Sharjah.
HSBC has been appointed as an International Primary Dealer by the Saudi Ministry of Finance and National Debt Management Center (NDMC), enabling the global bank to act as an intermediary between foreign investors and Saudi Arabia’s local government debt instruments.
Ooredoo Group today announced a partnership with du, the leading telecom and digital services provider, to land the Fibre in the Gulf (FIG) subsea cable system in the UAE, marking further progress in the development of a high-capacity international connectivity platform designed to support the region’s growing data and digital infrastructure requirements.
ROX, a premium automotive manufacturer specialising in intelligent new energy vehicle, has announced a strategic agreement with Khalifa Economic Zones Abu Dhabi - KEZAD Group to establish the Middle East’s first Advanced AI Manufacturing Centre for luxury vehicles.
The Global Games Show in Riyadh, Saudi Arabia, will be held on June 29 and 30, 2026, highlighting the Kingdom’s position as an internationally recognised gaming and e-sports destination.
The UAE's air defences are currently dealing with missile and drone attacks originating from Iran, the UAE Ministry of Defense said in an X post.
