Acwa, the world’s largest private water desalination company, has appointed Dr. Samir J. Serhan as its new Chief Executive Officer. An industry veteran, he brings more than three decades of global leadership experience across large-scale industrial and infrastructure organisations to the new role.
OPEC Plus Group on Sunday agreed to increase oil output by 206,000 barrels per day during April.
Aviation across the Gulf and beyond descended into turmoil after US and Israeli strikes on Iran triggered retaliatory missile and drone attacks across the region, forcing several Gulf states to shut or restrict their airspace and suspend commercial flights.
At least three tankers were damaged off the Gulf coast after US and Israeli strikes on Iran triggered Iranian retaliation that put merchant ships at risk of collateral damage, Reuters said quoting shipping sources and officials.
Iran’s retaliatory strikes across the Gulf have disrupted some business activity in one of the world’s most trade-dependent regions, forcing temporary airport closures, interrupting port operations and unsettling financial markets , while the private sector remains resilient according to authorities.
RAK Properties, a leading UAE real estate developer, has announced the sales for Lunara on The Strand, a prime development featuring 583 homes across a collection of three connected towers within the Marjan Beach District in Ras Al Khaimah. The project is set for completion in Q1 2029.
PureHealth, the largest healthcare group in the Middle East, and Yellow Door Energy, the leading sustainable energy partner for businesses in the Middle East and South Africa, have signed a master lease agreement to bring clean electricity to its network of hospitals and clinics in the UAE.
AlMabarrah AlKhalifia Foundation (MKF) has opened the registration for its 'Rayaat' scholarship programme for the 2026–2027 academic year. This year’s program is offering undergraduate scholarships in partnership with University of Bahrain and Bahrain Polytechnic.
Samsung has announced the Galaxy S26 Series, powered by the most intuitive and adaptive Galaxy AI experiences yet, designed to simplify daily tasks, the company said.
Saudi Arabia's bank credit growth slowed to 0.7% month-on-month in January, below the 1.2% average expansion typically seen in the month over the past four years, said a report. Retail lending surged by 5.1% year-on-year, outpacing corporate lending, which increased 14.9% from a year earlier.
US President Donald Trump has ordered all federal agencies to immediately cease their use of artificial intelligence products developed by the startup Anthropic, in the latest escalation of tensions between the White House and Silicon Valley over the role of AI in national security.
Abu Dhabi’s transport regulator has initiated a pilot programme for autonomous freight trucks - in tieup with global company Autotech - a move aimed at preparing regulatory frameworks for the commercial rollout of driverless logistics services. It was implemented within Khalifa Economic Zones Abu Dhabi (Kezad).
Qatar’s Ministry of Interior announced on Sunday that Civil Defence responded to a minor fire in the industrial area caused by debris falling after a missile was intercepted.
An Iranian Jamaran-class corvette was struck by US forces during the start of Operation Epic Fury, said US Central Command. The ship is currently sinking to the bottom of the Gulf of Oman at a Chah Bahar pier, it said.