30GW SOLAR PV CAPACITY PLANNED

EWEC, Masdar tie-up to rapidly scale up renewable energy projects

Tue, 05 May 2026

Emirates Water and Electricity Company (Ewec) has entered into a strategic collaboration framework agreement with Abu Dhabi Future Energy Company (Masdar) to set up a roadmap for the accelerated deployment of utility-scale renewable energy projects.

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DRIVING TRANSFORMATION

UAE announces $49bn new industrial procurement opportunities

Tue, 05 May 2026

The UAE has announced AED180 billion ($49.01 billion) in new industrial procurement opportunities in a national drive to localise more than 5,000 products across sectors critical to economic, food, and healthcare security.

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TARGETING OF ADNOC TANKER CONDEMNED

Iran targets ships in Strait of Hormuz, US blows up boats

Mon, 04 May 2026

Several ships were hit by suspected Iranian missiles and drones in the Strait of Hormuz on Monday and a UAE oil complex was set on fire. This follows the launch of Project Freedom by US military to end the blockade of the shipping route.

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OIL PRICES SOAR

Fire breaks out at Fujairah petroleum complex after Iran drone attack

Mon, 04 May 2026

Authorities in the UAE's Fujairah ‌said on Monday that a ​fire broke ​out at the ⁠Fujairah Oil ​Industry Zone following ​what they described as a drone ​attack originating ​from Iran. Civil defence teams ‌were ⁠deployed immediately to contain the blaze, said the report.

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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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Top This Week

GCC states top global average in 2026 Economic Freedom Index

Sun, 03 May 2026

Gulf Cooperation Council (GCC) countries outperformed the global average in the 2026 Economic Freedom Index, reflecting stronger economic openness and an improved business environment, data from the GCC Statistical Centre (GCC-Stat) showed.

UAE lifts airspace curbs, resumes normal operations

Sun, 03 May 2026

UAE's General Civil Aviation Authority has announced the full resumption of normal air navigation operations within UAE airspace and the lifting of temporary precautionary measures.

Ultra low-cost Spirit Airlines shut down

Sun, 03 May 2026

Spirit Airlines, an American ultra low-cost airline headquartered in Dania Beach, Florida, has announced that it has gone out of business after 34 years.

Trump says will review Iran's 14-point proposal soon

Sun, 03 May 2026

US President Donald Trump said he will soon review Iran's new 14-point proposal for peace, adding that he “can’t imagine that it would be acceptable.”

US-EU trade tensions escalate as Trump raises import tariffs to 25pc

Sat, 02 May 2026

Trade tensions between the US and the European Union have intensified after US President Donald Trump announced his intention to raise import tariffs on European cars and lorries to 25% "from next week". The current tariff stands at 15%, said a report.

Abu Dhabi real estate activity stable; nets over $3.4bn in sales

Sat, 02 May 2026

Residential property sales in Abu Dhabi were broadly stable across March and April, with transactions rebounding in April to exceed earlier levels in the year, according to a new report. More than 3,200 residential units were sold in April, generating over AED13 billion ($3.54 billion) in sales.

US orders withdrawal of 5,000 US soldiers from Germany

Sat, 02 May 2026

In a surprise move, US Defence Secretary Pete Hegseth has ordered the withdrawal of around 5,000 US soldiers stationed in Germany, the Pentagon said on Friday. Following this, Nato said it was "working" with Washington to understand the reason for the troop reduction.

US approves $8.6bn military sales to Middle East allies

Sat, 02 May 2026

US President Donald Trump's administration has bypassed congressional review to approve $8.6 billion military ‌sales to Middle Eastern allies Israel, Qatar, Kuwait and the UAE. These include Patriot air and missile defence replenishment services costing $4.01 billion and APKWS, a laser-guided weapons kit.

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.

SEREDO 2026 showcases Saudi real estate investment opportunities

Tue, 05 May 2026

The Saudi Real Estate Development and Ownership Exhibition (SEREDO 2026) opened in Dammam on Monday with the participation of public entities, key developers, financing institutions, and real estate experts.

EWEC, Masdar tie-up to rapidly scale up renewable energy projects

Tue, 05 May 2026

Emirates Water and Electricity Company (Ewec) has entered into a strategic collaboration framework agreement with Abu Dhabi Future Energy Company (Masdar) to set up a roadmap for the accelerated deployment of utility-scale renewable energy projects.

Erth Abu Dhabi honoured with Emiratisation Award for second year

Tue, 05 May 2026

Erth Abu Dhabi has been awarded the Emiratisation Award by the Department of Culture and Tourism – Abu Dhabi, in recognition of its continued commitment to advancing national talent.

TA’ZIZ signs $28.5bn chemicals offtake, feedstock and sales agreements

Tue, 05 May 2026

The UAE-based TA’ZIZ, a joint venture between ADNOC and ADQ, has signed long-term agreements spanning offtake, feedstock and sales across its chemicals portfolio valued at $28.5 billion (AED104.6 billion).

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.

ACC undertakes delivery of 500 Ramhan Island luxury villas

Mon, 04 May 2026

Arabian Construction Company (ACC) has announced that work is underway on 500 luxury villas being developed by Eagle Hills as part of the landmark Ramhan Island development, situated off the coast of Abu Dhabi. Spanning over 4 million sq m, Ramhan Island is designed as a premier waterfront destination.

Saudi Arabia launches EOI and RFQ for renal care project

Tue, 05 May 2026

Saudi Arabia's Ministry of Health (MoH), the Ministry of Defense (MoD) and the National Center for Privatization & PPP (NCP) have launched the Expression of Interest (EOI) and Request for Qualification (RFQ) phase for a major renal care project.

UAE announces remote learning for higher education institutions

Mon, 04 May 2026

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 kicks off its 'Festival of Exchange' campaign in UAE

Mon, 04 May 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.

Capital Group to open is first Middle East office in Abu Dhabi

Tue, 05 May 2026

Capital Group, one of the world’s largest and leading active investment managers, has announced plans to establish its first office in the Middle East, in the UAE’s Abu Dhabi Global Market (ADGM).

UAE sets up National AI Test and Validation Lab

Tue, 05 May 2026

The UAE is setting a new global benchmark for the secure and responsible adoption of artificial intelligence (AI) with the establishment of the National AI Test and Validation Lab.

Nissan Z Heritage Edition debuts in Middle East

Tue, 05 May 2026

Nissan has announced the arrival of the new 2026 Nissan Z Heritage Edition in the Middle East, marking the regional debut of a special edition that celebrates the brand’s performance heritage.

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’.

Iran targets ships in Strait of Hormuz, US blows up boats

Mon, 04 May 2026

Several ships were hit by suspected Iranian missiles and drones in the Strait of Hormuz on Monday and a UAE oil complex was set on fire. This follows the launch of Project Freedom by US military to end the blockade of the shipping route.

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