200 DEALS AT MAKE IT IN THE EMIRATES

UAE plans $49bn industrial procurement drive, to localise 5,000 products

Fri, 08 May 2026

The UAE sealed hundreds of billions of dirhams in industrial deals, investments, and commitments this week at Make it in the Emirates 2026 — the fifth and largest edition of the country’s flagship industrial platform — closing a week that demonstrated the UAE is 'built to keep building'.

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APRIL TRANSACTIONS UP 2%

Dubai property market 'shows signs of stabilisation'

Fri, 08 May 2026

Dubai’s property market is showing early signs of stabilisation approximately 67 days into the regional conflict, according to betterhomes’ latest monthly market webinar held on Thursday (May 7).

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INSIGHT

SaaS’ next big opportunity could come from agentic AI: report

Fri, 08 May 2026

Software-as-a-Service (SaaS) created by agentic AI’s ability to automate cross-system coordination work offers over $200 billion worth opportunity says a news research by Bain & Company..

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SELF-DEFENCE STRIKES

US hits Iran sites after attacks on American warships; Truce stays says Trump

Fri, 08 May 2026

US forces attacked Iranian military facilities after Iran launched “unprovoked” missile, drone and small boat attacks against American warships transiting the Strait of Hormuz, US Central Command (CENTCOM) said.

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REVENUE TOPS $41bn

Emirates Group reports record $6.6bn profit in 2025–26, up 7%

Thu, 07 May 2026

The Emirates Group reported record 2025–26 results, with profit before tax rising 7% to $6.6 billion, revenue increasing 3% to $41 billion, and cash assets growing 12% to $16.2 billion across Emirates airline and dnata.

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Top This Week

Global debt reaches record $353 trillion

Thu, 07 May 2026

Global debt rose to a record level of around $353 trillion by the end of last March, according to the Institute of International Finance (IIF).

IHC's Q1 profit soars 98.5% to $2.23 billion

Thu, 07 May 2026

IHC, an Abu Dhabi-headquartered global investment company focused on building dynamic value networks, reported a revenue of AED31.4 billion ($8.55 billion) for the first quarter of 2026, up 33.2% year-on-year, and profit after tax of AED8.2 billion ($2.23 billion), an increase of 98.5%.

US awaits Iran reply on proposals, Trump hopes for breakthrough

Thu, 07 May 2026

Iran is expected to respond on Thursday to a US proposal aimed at ending the conflict and establishing a framework for broader nuclear negotiations, according to media reports, as diplomatic efforts intensified amid continuing tensions in the Gulf.

ASMO begins construction of 1.4m sq m logistics hub at SPARK

Wed, 06 May 2026

ASMO, a joint venture between Aramco and DHL, has commenced construction of its first purpose built logistics hub at King Salman Energy Park (SPARK), marking a significant milestone in the development of long term logistics infrastructure supporting Saudi Arabia’s energy and industrial sectors.

US-Iran nearing 14-point MoU on ending war, says report

Wed, 06 May 2026

The US authorities believe they are nearing an agreement with Iran on a one-page memorandum of understanding aimed at ending the ongoing conflict and establishing a framework for more detailed nuclear negotiations, said an Axios report.

Chinese firms to start work on $5bn Abha-Jazan road project

Wed, 06 May 2026

Leading Chinese firms are set to start work on a 130-km road linking Abha in Saudi Arabia’s Aseer province with Jazan, in a project valued at SAR19 billion ($5 billion), said a top Saudi official. The project scope includes construction of 26 bridges and tunnels as well as key infrastructure for multimodal transport systems.

Ladun secures $637m Riyadh infrastructure development contracts

Wed, 06 May 2026

Ladun Investment Company has secured SAR2.39 billion ($637 million) contracts to carry out infrastructure development work at Al Qirawan and Al Narjis districts as well as the Namar real estate development - in the Saudi capital. They will be executed in consortium with Al Ayuni Investment and Contracting.

IBM, Aramco explore AI collaboration in Saudi Arabia

Wed, 06 May 2026

Aramco and IBM announced their intended collaboration on opportunities to advance AI, agentic AI, automation, material science and other mutually agreed domains in the industrial sector.

UAE unlocks $4.9bn financing for industrial sector

Wed, 06 May 2026

The UAE Ministry of Industry and Advanced Technology (MoIAT) has unlocked AED18 billion ($4.9 billion) in competitive financing for the industrial sector to help manufacturers scale their production.

7,000 professionals to take part in Abu Dhabi Infrastructure Summit

Fri, 08 May 2026

The second edition of the Abu Dhabi Infrastructure Summit (ADIS), taking place from May 12 to 14, will have greater scale, broader reach, and a clear mandate to move beyond dialogue to deliver.

ADNOC becomes first partner to back UAE's new industrial fund

Fri, 08 May 2026

The UAE Ministry of Industry and Advanced Technology (MoIAT), Emirates Development Bank (EDB), and ADNOC have signed a memorandum of understanding, making ADNOC the first partner to support the UAE Cabinet's newly announced AED1 billion National Industrial Resilience Fund (NIRF).

Emirates unveils UAE flag livery on A380 aircraft

Fri, 08 May 2026

Emirates on Friday unveiled a striking livery of a large UAE flag emblazoned across the fuselage of its iconic Airbus A380 aircraft, the world’s largest commercial passenger aircraft.

UAE plans $49bn industrial procurement drive, to localise 5,000 products

Fri, 08 May 2026

The UAE sealed hundreds of billions of dirhams in industrial deals, investments, and commitments this week at Make it in the Emirates 2026 — the fifth and largest edition of the country’s flagship industrial platform — closing a week that demonstrated the UAE is 'built to keep building'.

The end of trading hubs: Capital is flowing to the factory floor

Fri, 08 May 2026

By early 2026, the digital asset race has moved past the era of jurisdictional 'storefronts' for secondary trading and into the industrialization of the 'factory floor,' writes Faisal Monai, CEO and Co-Founder of droppRWA, in an exclusive article to TradeArabia.

Mered launches floating sales gallery on Al Reem Island

Tue, 05 May 2026

Mered, a leading real estate developer, has unveiled a floating sales gallery on the waters of Al Reem Island, created as an exclusive introduction to its waterfront project - Riviera Residences - in Abu Dhabi. A first-of-its-kind immersive venue, it signals a new chapter in experiential real estate in the UAE.

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.

HSBC appointed International Primary Dealer in Saudi Arabia

Thu, 07 May 2026

HSBC has been appointed as an International Primary Dealer by the Saudi Ministry of Finance and National Debt Management Center (NDMC), enabling the global bank to act as an intermediary between foreign investors and Saudi Arabia’s local government debt instruments.

Global tech leaders unite in Riyadh to shape future of Blockchain

Fri, 08 May 2026

The Global Blockchain Show is making its comeback to Riyadh following a successful event in Abu Dhabi. The global event will take place on June 29 and 30, and will draw attendance of industry stalwarts and thought leaders across the Web3 industry.

ROX to set up Advanced AI Manufacturing Centre for luxury vehicles in KEZAD

Thu, 07 May 2026

ROX, a premium automotive manufacturer specialising in intelligent new energy vehicle, has announced a strategic agreement with Khalifa Economic Zones Abu Dhabi - KEZAD Group to establish the Middle East’s first Advanced AI Manufacturing Centre for luxury vehicles.

Global Games Show Riyadh unveils star-studded speaker lineup

Fri, 08 May 2026

The Global Games Show in Riyadh, Saudi Arabia, will be held on June 29 and 30, 2026, highlighting the Kingdom’s position as an internationally recognised gaming and e-sports destination.

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