COMMENT

Iran must stop lies and hostility

Fri, 01 May 2026

The message attributed to Iran’s Supreme Leader Mojtaba Khamenei comes as a recycled political narrative, built on repeating claims and falsehoods about the Arab Gulf states, in an attempt to impose a one-sided vision on a region undergoing major developmental and strategic transformations, writes Anwar Abdulrahman in a comment in the Gulf Daily News, our sister newspaper.

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SUSTAINABLE PEACE MUST

Iran sends new proposals for peace talks to Pakistan

Fri, 01 May 2026

Iran has delivered its latest proposal for negotiations to end the war with US to Pakistan, a mediator, said IRNA news agency.

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NON-OIL TRADE AT $6.9bn IN 2025

UAE, South Korea unlock new opportunities as CEPA enters into force

Fri, 01 May 2026

The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and South Korea has officially entered into force, marking a significant step forward in economic relations between the two countries.

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TEHRAN WARNS PAINFUL STRIKES

Oil continues upward trend as US, Iran harden stances

Fri, 01 May 2026

Oil prices extended their rally on Friday as geopolitical tensions around Strait of Hormuz remained unresolved, with both Iran and the United States showing no signs of de-escalation.

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LARGEST PRIVATE SECTOR PROJECT

Saudi Arabia unveils $2bn 'Jewel of the Bride' project in Jeddah

Thu, 30 Apr 2026

Saudi Arabia has announced the launch of its largest private sector residential development - Jawharat Al Arous (Arabic for Jewel of the Bride) - being developed at an investment of SAR8 billion ($2.1 billion). Spanning 107 million sq m, it boasts 18 residential neighbourhoods that will house over 700,000 citizens as well as more than 80,000 prime plots.

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Top This Week

Ooredoo Q1 revenue up 6%; net profit 4.7% to $274m

Thu, 30 Apr 2026

Ooredoo, a major telecom company, has announced a strong start to 2026, delivering higher profitability and solid earnings momentum in the first quarter.

Meraas awards $653.5m contracts for new phases of The Acres

Thu, 30 Apr 2026

Meraas, a member of Dubai Holding Real Estate, has awarded AED2.4 billion ($653.51 million) in main construction contracts for new phases of its flagship villa developments, The Acres and The Acres Estates, in Dubailand.

US commanders to brief Trump on new military options in Iran

Thu, 30 Apr 2026

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.

Brent crude tops $125 a barrel as no end seen for blockades

Thu, 30 Apr 2026

Oil prices continued to climb on Thursday with no sign of easing, as markets priced in a prolonged supply squeeze from the Middle East following stalled negotiations and firm signals from Donald Trump that the blockade on Iran will remain in place.

Blockade will stay says Trump; military 'prepares for short wave of strikes'

Wed, 29 Apr 2026

US President Donald Trump has said that he is going to keep Iran under a naval blockade until the regime agrees to a deal that addresses US concerns about its nuclear programme.

AD Ports inks Azeri transport, logistics infrastructure collaboration deal

Wed, 29 Apr 2026

AD Ports Group has signed an agreement with Azerbaijan to explore strategic collaboration across ports, shipping and logistics in the energy-rich country. This comes as the UAE-Azerbaijan Comprehensive Economic Partnership Agreement (CEPA) officially entered into force this month.

Parkin, Glydways tie-up to integrate autonomous mobility into Dubai’s parking network

Wed, 29 Apr 2026

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.

March global passenger demand up 2.1pc, Mideast traffic falls 60.8pc: IATA

Wed, 29 Apr 2026

International Air Transport Association (IATA) has reported that global passenger demand in March rose 2.1%, while capacity fell 1.7%, lifting load factor to 83.6%. International demand dipped 0.6% amid a 60.8% Middle East traffic drop.

Sabic swings to Q1 profit, revenue down 6pc

Wed, 29 Apr 2026

Saudi Basic Industries Corporation (Sabic), a global leader in chemicals, returned to profit in the first quarter of 2026, posting a net profit attributable to shareholders of SAR13.2 million ($3.52 million) compared with a SAR1.21 billion ($322 million) loss a year earlier, according to the company's Tadawul filing.

$243m Shuwaikh water distribution complex project approved

Fri, 01 May 2026

Kuwait's State Audit Bureau (SAB) has given conditional approval to proceed with the KD74.703 million ($243.1 million) Shuwaikh water distribution complex project to the Ministry of Electricity, Water and Renewable Energy, a report said.

UAE's greater production flexibility 'benefits ADNOC’s listed companies'

Fri, 01 May 2026

For ADNOC’s portfolio of listed companies, the UAE’s decision to conclude its membership of OPEC and OPEC+ removes a constraint that has historically limited how investment in capacity translates into activity and earnings, said a WAM news agency report.

Türkiye welcomes 9.2m international visitors in Q1, up 4.2%

Fri, 01 May 2026

Türkiye experienced a 4.2% rise in international visitors, totalling 9.2 million in the first quarter of this year. The country also reported an impressive $9.896 billion in tourism revenue for the quarter.

UAE, South Korea unlock new opportunities as CEPA enters into force

Fri, 01 May 2026

The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and South Korea has officially entered into force, marking a significant step forward in economic relations between the two countries.

Iran must stop lies and hostility

Fri, 01 May 2026

The message attributed to Iran’s Supreme Leader Mojtaba Khamenei comes as a recycled political narrative, built on repeating claims and falsehoods about the Arab Gulf states, in an attempt to impose a one-sided vision on a region undergoing major developmental and strategic transformations, writes Anwar Abdulrahman in a comment in the Gulf Daily News, our sister newspaper.

Durar Group awards main contract for Missoni-branded homes in RAK

Tue, 28 Apr 2026

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.

WHX Tech to take place alongside World Health Expo in January in Dubai

Fri, 01 May 2026

The next edition of WHX Tech will take place from January 27–29, 2027 at the Dubai World Trade Centre (DWTC). The event will run alongside World Health Expo (WHX), the flagship global healthcare event.

Qatar Academy - Sidra project on track for H2 completion

Thu, 23 Apr 2026

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 UAE jumps 20% since Feb

Thu, 30 Apr 2026

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.

DFM reports strong Q1, revenue rise to $68.9m

Fri, 01 May 2026

Dubai Financial Market (DFM) said its consolidated revenues for the first quarter reached approximately AED253.1 million ($68.91 million), compared with AED186.5 million during the same period in 2025.

WHX Tech to take place alongside World Health Expo in January in Dubai

Fri, 01 May 2026

The next edition of WHX Tech will take place from January 27–29, 2027 at the Dubai World Trade Centre (DWTC). The event will run alongside World Health Expo (WHX), the flagship global healthcare event.

Parkin, Glydways tie-up to integrate autonomous mobility into Dubai’s parking network

Wed, 29 Apr 2026

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.

Qatar Toy Festival to return in July

Fri, 01 May 2026

Qatar Calendar has announced the return of the Qatar Toy Festival (QTF) in July under the slogan ‘More to Imagine, A Whole World of Fun’.

UAE seeks unconditional reopening of Strait of Hormuz

Fri, 01 May 2026

UAE has called for the immediate and unconditional reopening of the Strait of Hormuz, and for Iran to be held fully accountable for its unlawful obstruction of international navigation.

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