UNDERGROUND PROJECT

Dubai approves $9.26bn metro Gold Line covering 42km

Wed, 22 Apr 2026

In a bold move towards the future, Dubai city has greenlit its most ambitious transport project yet: the all-new Gold Line of the Metro. Spanning 42 km with 18 stations, this fully underground network is set to reshape how the emirate moves when it rolls out in 2032.

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ANOTHER SHIP 'DISABLED'

Iran seizes two vessels in Strait of Hormuz, says IRGC

Wed, 22 Apr 2026

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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AL MAMZAR BEACHES WORK NEARS COMPLETION

Dubai will not stop, projects moving ahead with greater speed: HH Sheikh Mohammed

Wed, 22 Apr 2026

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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FOCUS ON INNOVATION

Dubai Airports will continue ambitious expansion plans: Sheikh Hamdan

Wed, 22 Apr 2026

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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INSIGHT

Saudi, UAE firms prioritise AI and supply chain redesign: HSBC Survey

Tue, 14 Apr 2026

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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Top This Week

Iraq approves $4.6bn Basra–Haditha oil pipeline bid process

Tue, 21 Apr 2026

Iraq has approved the bidding process for a $4.6 billion oil pipeline linking Basra to Haditha, in a step aimed at strengthening its crude export infrastructure. The planned pipeline will stretch 685 km, transporting crude oil from southern Iraq to northern regions.

DIFC to become the world’s first AI Native financial centre

Tue, 21 Apr 2026

The Dubai International Financial Centre (DIFC), a leading global financial centre in the Middle East, Africa and South Asia region, has announced that it will become the world’s first AI-Native financial centre, embedding artificial intelligence at the foundational level of its legal frameworks, business environment, talent development, ecosystem infrastructure and physical urban fabric.

Saudi-Egyptian JV unveils $1.35bn mixed-use development in Cairo

Tue, 21 Apr 2026

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.

Talaat Moustafa Group launches $27bn massive new development in Cairo

Tue, 21 Apr 2026

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 rise 15% to $166.36bn in 2025

Tue, 21 Apr 2026

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.

UAE busts group plotting to undermine country's security

Tue, 21 Apr 2026

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 strengthens US presence with acquisition of Meskel & Associates Engineering

Tue, 21 Apr 2026

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.

Record 165 GW new wind power capacity launched last year

Tue, 21 Apr 2026

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 decline on market hopes for US-Iran talks this week

Tue, 21 Apr 2026

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.

Dubai approves $9.26bn metro Gold Line covering 42km

Wed, 22 Apr 2026

In a bold move towards the future, Dubai city has greenlit its most ambitious transport project yet: the all-new Gold Line of the Metro. Spanning 42 km with 18 stations, this fully underground network is set to reshape how the emirate moves when it rolls out in 2032.

Global OTEC achieves offshore installation milestone in Canary Islands

Wed, 22 Apr 2026

Global OTEC, a pioneer in Ocean Thermal Energy Conversion (OTEC), has completed the offshore installation of a floating platform prototype in the Canary Islands, marking a step toward commercialising ocean-based renewable energy.

dnata to set up new cargo facility at Western Sydney airport

Wed, 22 Apr 2026

dnata, a leading air and travel services provider based in Dubai, has announced plans to establish a dedicated cargo terminal facility at Western Sydney International (Nancy-Bird Walton) Airport (WSI). Once operational, the 5,000 sq m facility will handle up to 60,000 tonnes of cargo per annum.

dnata to set up new cargo facility at Western Sydney airport

Wed, 22 Apr 2026

dnata, a leading air and travel services provider based in Dubai, has announced plans to establish a dedicated cargo terminal facility at Western Sydney International (Nancy-Bird Walton) Airport (WSI). Once operational, the 5,000 sq m facility will handle up to 60,000 tonnes of cargo per annum.

Saudi, UAE firms prioritise AI and supply chain redesign: HSBC Survey

Tue, 14 Apr 2026

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.

H&H, Aman break ground on luxury Dubai waterfront development

Tue, 21 Apr 2026

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 launches Amazon Bio Discovery to speed up drug development

Tue, 21 Apr 2026

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 launches ‘AI+’ to train 50,000 govt staff

Wed, 15 Apr 2026

Digital Dubai has launched the “AI Workforce Transformation Program (AI+),” a strategic initiative to train 50,000 Dubai Government employees.

Strong demand drives Dubai's retail, warehouse growth in 2025, says report

Tue, 14 Apr 2026

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.

Global Payment Services joins Bahrain Association of Banks

Wed, 22 Apr 2026

The Global Payment Services has officially joined the Bahrain Association of Banks (BAB), in a step that underscores the increasing need for closer collaboration between payment services providers and the banking sector, as the financial industry continues to evolve at pace.

Du achieves 6.9% revenue growth in Q1 despite March weakness

Wed, 22 Apr 2026

Emirates Integrated Telecommunications Company (du) delivered a resilient financial performance in the first quarter, with revenue growing by 6.9% to AED4.1 billion ($1.116 billion), a record EBITDA margin of 49.5%, and net profit growing by 15.5% to AED0.8 billion ($217.8 million).

Abu Dhabi ITC celebrates 1m green km milestone

Sat, 18 Apr 2026

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 presents a new journey into architecture

Mon, 20 Apr 2026

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.

Trump extends ceasefire till Iran submits peace proposal

Wed, 22 Apr 2026

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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