OIL PRICES JUMP AGAIN

Trump says US-Iran war nearing completion, signals heavier strikes

Thu, 02 Apr 2026

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.

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10-DAY FLIGHT AROUND MOON

NASA launches astronauts on historic Artemis moon mission

Thu, 02 Apr 2026

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.

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50 VEHICLES IN FIRST YEAR

Dubai Taxi, Baidu’s Apollo Go launch driverless ride-hailing

Wed, 01 Apr 2026

Dubai Taxi Company, in partnership with Baidu, has launched driverless ride-hailing services via the Apollo Go app in Dubai, marking the platform’s first international deployment and a milestone for autonomous transport in the region.

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MONEY MATTERS

1970s-style stagflation could hit global economy, warns deVere CEO

Wed, 25 Mar 2026

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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ANALYSIS

Gulf economies respond decisively as Mideast tensions test market confidence

Tue, 24 Mar 2026

As heightened tensions continue to inject uncertainty into global markets, businesses across the Gulf are balancing caution with determination. The GCC governments are responding swiftly to preserve stability, support liquidity, and sustain momentum, said an industry expert.

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Top This Week

Aramco-Dow Chemicals JV shuts down production at Saudi plant

Wed, 01 Apr 2026

Sadara Chemical, a joint venture between Saudi oil ​giant Aramco and US chemicals firm Dow, has announced that it has temporarily shut down production at its parent-operated plant. Sadara Chemical operates a ‌complex in Jubail with an ​annual production ⁠capacity of 3 million MT of chemicals and plastics.

MPs seek urgent steps to support Bahrain economy

Wed, 01 Apr 2026

Four urgent proposals aimed at easing economic pressure, protecting consumers and supporting food security due to the Iranian attacks were unanimously approved by Bahrain MPs yesterday and referred to the Cabinet for urgent review, a Gulf Daily News report said.

Sharp increase in UAE fuel prices

Wed, 01 Apr 2026

The UAE has increased fuel prices sharply for April 2026 amid rising oil prices globally, following the Middle East conflict and closure of Strait of Hormuz by Iran.

Iran warns of attacks on US tech firms

Wed, 01 Apr 2026

Iran has launched a new threat against US companies based across the Middle East, warning it will attack them in retaliation for new strikes by the US in Iran aimed against its leadership.

Strait of Hormuz not US problem, says Trump

Wed, 01 Apr 2026

US President Donald Trump has lashed out at allies for not getting further involved in the Iran war, telling them to go to the Strait of Hormuz to take their own fuel and securing the strait is "not for us."

Deal or no deal, US will end war in two to three weeks: Trump

Wed, 01 Apr 2026

President Donald Trump says the US will "leave" Iran in "two to three weeks" when it is certain the regime cannot build a nuclear weapon "for years" and whether there is a deal with Tehran or not.

Bahrain real estate activity surges in 2025 amid falling prices, rents

Wed, 01 Apr 2026

Bahrain’s real estate market recorded strong growth in transaction activity in 2025, even as prices and rents declined across several segments, highlighting uneven performance across the property sector. The total transaction value jumped 51.6% to BD1.6 billion ($4.2 billion), hitting a new high in over a decade, said an expert.

Eurozone inflation jumps to 2.5% in March on surging oil, gas costs

Wed, 01 Apr 2026

Euro zone inflation soared past the European Central Bank's 2% target this month as surging oil and gas costs drove up headline prices, but ​the jump was smaller than expected and core inflation declined, muddying the picture for policymakers, said a report.

Abu Dhabi's E Point Zero to buy Traverse Midstream Partners for $2.25bn

Wed, 01 Apr 2026

E Point Zero Holding RSC Limited (ePointZero), an Abu Dhabi-based global investment company, has entered into an agreement to acquire a 100% stake in US-based Traverse Midstream Partners, a portfolio company of The Energy & Minerals Group (EMG), in a deal valued at nearly $2.25 billion.

Parsons lands PMC contract for Al Ittihad Sports Village in Saudi Arabia

Thu, 02 Apr 2026

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.

TotalEnergies, Masdar partner on $2.2bn JV to scale renewables in Asia

Thu, 02 Apr 2026

TotalEnergies and Masdar will form a $2.2 billion 50/50 joint venture merging onshore renewables across nine Asian countries, combining assets to reach 3 GW operational capacity and 6 GW in development by 2030.

flydubai starts flights to Chattogram

Thu, 02 Apr 2026

flydubai, the Dubai-based carrier, has announced the resumption of direct flights between Chattogram and Dubai. Flights will operate as part of the flydubai and Emirates codeshare partnership

Saudi services export tops $17bn in Q4 2025

Thu, 02 Apr 2026

The value of service exports from Saudi Arabia in Q4 2025 reached SAR66.1 billion ($17.61 billion), while service imports into the Kingdom reached SAR119.6 billion, the General Authority for Statistics (GASTAT) has stated.

1970s-style stagflation could hit global economy, warns deVere CEO

Wed, 25 Mar 2026

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.

Palma completes work on premium Dubai beachfront residential project

Wed, 01 Apr 2026

UAE-based Palma Development has announced that work has been completed on its ultra-premium beachfront residential development - Serenia Living - located on the crescent of Palm Jumeirah. It boasts 226 residences, including two- to four-bedroom apartments as well as one of Dubai’s most exclusive Sky Mansions.

Kanoo Ventures Chairman hails Eye Infirmary facilities

Wed, 01 Apr 2026

Kanoo Ventures, part of the Yusuf bin Ahmed Kanoo Group and a strategic investor in the specialised healthcare investment fund managed by Esterad Bank, has announced that its Chairman Nabeel Kanoo visited The Eye Infirmary’s main centre in the Seef District.

Volvo CE launches Iron Women programme to boost global skills engine

Sun, 29 Mar 2026

Volvo Construction Equipment (Volvo CE) has formalised Iron Women as a unified global platform to solve a severe shortage of skilled operators, technicians, and service professionals. The initiative is positioned not as a symbolic gesture but as essential business infrastructure.

Majid Al Futtaim joins Alshaya for new wave of store openings

Wed, 01 Apr 2026

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.

IEA, IMF and World Bank join forces to tackle war fallout

Thu, 02 Apr 2026

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.

NASA launches astronauts on historic Artemis moon mission

Thu, 02 Apr 2026

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.

Mazad launches three-digit licence plate auction in Bahrain

Tue, 24 Mar 2026

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.

Abu Dhabi summit to showcase $57bn infrastructure pipeline

Mon, 30 Mar 2026

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.

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