Tensions in the strategically vital Strait of Hormuz escalated sharply on Tuesday after two vessels were reportedly seized by Iran’s Revolutionary Guard Corps (IRGC) and transferred to Iranian waters.
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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has declared that Dubai's projects are moving ahead, and work will not stop.
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Dubai Airports will continue to advance its expansion plans in line with the leadership's vision to shape the future of global aviation, driven by a relentless focus on innovation and excellence, said HH Sheikh Hamdan bin Mohammed Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai.
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Hours before the US-Iran ceasefire was to end, US President Donald Trump said he is extending the truce until Tehran has submitted a proposal to end the war.
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Businesses and investors in Saudi Arabia and the UAE are holding firm on their medium-term strategies despite the current situation in the Middle East, supported by intraregional supply chain redesign and increased use of AI, says an HSBC study.
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A flagship Saudi-Egyptian joint venture Paragon Adeer has unveiled - Sumou Boulevard - a landmark mixed-use development spanning over 500,000 sq m in New Cairo being set up at an investment of EGP70 billion ($1.35 billion). It is the first flagship investment by Sumou Investment in the Egyptian market.
Egypt-based Talaat Moustafa Group (TMG) has launched a massive $27 billion cognitive city in Cairo, named The Spine - an intelligent destination where technology, design, and human experience operate as one.
Saudi non-oil exports achieved a historic performance in 2025, rising to SAR624 billion ($166.36 billion) from SAR543 billion in 2024 and recording 15% annual growth, while their share of total exports increased from 39% to 44%, the highest in history.
The UAE State Security Department (SSD) has announced the dismantling of a terrorist organisation and the arrest of its members for involvement in covert activities aimed at undermining national unity and destabilising the country through plans to carry out systematic terrorist and sabotage operations on UAE soil.
ACES US Holding Inc (ACES US or the Corporation), the US subsidiary of the Middle East’s leading construction services and geotechnical engineering services firm, ACES Group, has completed its acquisition of Meskel & Associates Engineering (Meskel or MAE), a premier North Florida geotechnical engineering, materials testing and inspection, and CEI firm with over 18 years of experience in throughout the southeast US.
Global wind capacity reached 1,299 GW by the end of 2025, with 138 countries now powering their economies with wind power, says GWEC's 2026 Global Wind Report.
Oil prices edged lower in early Tuesday trading as markets pinned cautious hopes on a revival of US-Iran diplomacy, even as tensions around the Strait of Hormuz underscored the fragility of the situation ahead of the expiry of a two-week ceasefire.
Qatar General Electricity and Water Corporation (Kahramaa) has invited bids for a major 2026 expansion of the country’s power transmission system. The project scope covers an EPC contract for new substations across multiple voltage levels - from 132/11kV to 400kV capacity.
Dubai is set to take a major leap in urban mobility with plans for a dedicated metro link connecting its two international airports, marking a significant expansion of the emirate’s fast-growing metro network.
SSH, one of the leading masterplanning, infrastructure and project management firms in the Middle East, has announced that it has secured the design and supervision contract for Expo Valley Views, the next chapter in Expo City Dubai’s sustainable living story.
HFCL has introduced its IO portfolio in Kuwait through Alghanim Engineering, expanding advanced communications solutions to support key sectors such as oil and gas and utilities.
Jumeirah, a global luxury hospitality brand and part of Dubai Holding, is marking Earth Day 2026 with a wide-ranging programme of family-friendly activities and sustainable dining across its international properties.
Automechanika Riyadh, will be back for its next edition in January at a new venue, the Riyadh Front Exhibition & Conference Center (RFECC), in a strategic move that positions the event as the kingdom’s first major automotive aftermarket gathering of the year.
Businesses and investors in Saudi Arabia and the UAE are holding firm on their medium-term strategies despite the current situation in the Middle East, supported by intraregional supply chain redesign and increased use of AI, says an HSBC study.
UAE-based developer H&H, in partnership with Aman Group, has announced the official groundbreaking of its luxury waterfront destination in Dubai. Designed by Kerry Hill Architects (KHA), Aman Dubai will comprise a premium hotel along with 78 branded residences and a limited collection of waterfront villas.
AWS announced Amazon Bio Discovery, a new AI-powered application designed to help scientists design and test novel drugs more quickly and confidently.
Digital Dubai has launched the “AI Workforce Transformation Program (AI+),” a strategic initiative to train 50,000 Dubai Government employees.
Dubai’s retail and warehouse sectors demonstrated resilience and growth in 2025, backed by strong fundamentals including record tourism, population boom and e-commerce activity. Both sectors, however, faced tightening supply conditions that shaped market dynamics throughout the year, said a report.
Dubai South, the largest urban master development focused on aviation, logistics, and real estate, has signed a strategic memorandum of understanding (MoU) with Emirates NBD, a leading banking group, to support SMEs within Dubai South and facilitate access to a range of banking services.
Khazna Data Centers, a leading player in the critical AI infrastructure sector, has announced that its facility in Dubai has become the first data centre globally to be awarded the Zero Waste Certification by SCS Global Services, one of the world’s leading third-party sustainability certification bodies.
Abu Dhabi's Integrated Transport Centre (ITC) has announced that it has achieved a major milestone with its green bus fleet surpassing 1.3 million eco-friendly kilometres since its launch in 2024. Its green fleet comprises buses powered by hydrogen fuel cell technology and electric energy.
Sharjah Architecture Triennial will present 'A Journey into Architecture Archives: Baghdad, Damascus, Tunis', a new chapter in its long-term research initiative dedicated to architectural archives in the Arab world.
Hours before the US-Iran ceasefire was to end, US President Donald Trump said he is extending the truce until Tehran has submitted a proposal to end the war.
