Two US warplanes were downed over Iran, said media reports, with two pilots rescued and a third still missing and being hunted by Tehran's forces. The incidents show the risks still faced by US jets over Iran despite assertions from President Donald Trump that their forces had total control of the skies.
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The Dubai real estate market recorded 47,996 sales transactions worth AED176.7 billion ($48.11 billion) in Q1 2026, a 5.5% year-on-year increase in volume and a 23.4% rise in value, as the property sector showed strong resilience in March.
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Teachers have warned that the rapid adoption of AI is reshaping how students learn, eroding basic skills like writing, spelling, problem-solving, and critical thinking, while raising questions about motivation, human interaction, and equity, a new report says.
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Oil prices could rise to $120–$130 a barrel in the near term, with a risk of climbing above $150 if supply flows through the Strait of Hormuz remain disrupted into mid-May, according to a JP Morgan note cited by Reuters.
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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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Dubai has announced a three-month deferral on collecting hotel sales fees and the Tourism Dirham, starting April 1, 2026 as part of its AED1 billion ($272 million) economic package for businesses and individuals.
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.
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.
The Saudi city of Makkah is moving closer to a major transformation of its transport network, with plans for a new airport and metro system advancing as part of a major infrastructure upgrade, said a report. Feasibility studies and preliminary designs for the metro have already been completed.
Parsons Corporation has announced that it has been selected by Al Ittihad Club Company, the oldest sports club in Saudi Arabia, as the project management consultant for its Al Ittihad Sports Village project in Jeddah.
All Dubai government entities were directed to integrate services for individuals and businesses into a unified digital ecosystem within one year.
The Heads of the International Energy Agency, International Monetary Fund, and World Bank Group have agreed to form a coordination group to maximise their institutions’ response to the energy and economic impacts of the war in the Middle East.
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.
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.
Saudi-based Al Ramz Real Estate Company has announced plans to set up a shariah-compliant real estate investment fund, aimed at developing a key residential project in Jeddah. Located within the Al Firdous district, the integrated community development will boast 900 residential units as well as key amenities.
Abu Dhabi authorities have announced that one person was killed and four others were wounded in an Iranian drone strike at Habshan gas facilities yesterday. Also two fires broke out at the gas facilities as a result of this incident, stated the authorities, leading to significant damage.
Kuwait’s leading low-cost carrier Jazeera Airways has announced the launch of flights to three new destinations in the Indian sub-continent - Peshawar and Sialkot in Pakistan, and the South Indian city of Coimbatore, further accelerating its rapid network expansion and supporting essential travel demand.
Abu Dhabi's Metal Park has received its first break-bulk cargo of metals at Fujairah Port, marking a further extension of its operational footprint and reinforcing the continuity of metal flows across the UAE.
Teachers have warned that the rapid adoption of AI is reshaping how students learn, eroding basic skills like writing, spelling, problem-solving, and critical thinking, while raising questions about motivation, human interaction, and equity, a new report says.
Saudi-based Al Ramz Real Estate Company has announced plans to set up a shariah-compliant real estate investment fund, aimed at developing a key residential project in Jeddah. Located within the Al Firdous district, the integrated community development will boast 900 residential units as well as key amenities.
Emirates Drug Establishment (EDE) has approved Foundayo (orforglipron), an innovative oral treatment for chronic weight management, making the UAE the second country in the world to register the medication, developed by global pharmaceutical company Eli Lilly.
Bain & Company, a global consultancy, has announced the appointment of Eric Beranger-Fenouillet as the managing partner for its Middle East business. Based in UAE, he will lead the firm across the region, with a focus on helping clients deliver complex transformation agendas.
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.
Boursa Kuwait, the country's stock exchange, said it has won approval from the Capital Markets Authority (CMA) for its proposed rule amendments, alongside the issuance of a resolution establishing a comprehensive regulatory and legislative framework for bonds and sukuk.
Gulf Business Machines (GBM), an end-to-end digital solutions provider, has appointed Ashesh Mukhopadhyay as the General Manager for its Bahrain operations.
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.
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.
Abu Dhabi authorities have announced that one person was killed and four others were wounded in an Iranian drone strike at Habshan gas facilities yesterday. Also two fires broke out at the gas facilities as a result of this incident, stated the authorities, leading to significant damage.
