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.
Read more
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."
Read more
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.
Read more
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.
Read more
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.
Read more
IHC, a global investment company focused on building dynamic value networks, today announced that it has received all requisite regulatory approvals to acquire approximately 41.5% stake in Sammaan Capital Limited on a fully diluted basis, for a total transaction value of approximately $1 billion (INR 8,850 crore).
AD Ports Group, a leading global enabler of trade, industry and logistics solutions, has published its 2025 Annual Report, which chronicled a year of record revenue and profits, as the group strengthened its key trade corridors and geographies of operations.
Oil prices turned lower in Asian trading on Tuesday as markets reacted to reports that Donald Trump had indicated to aides he was prepared to bring the conflict with Iran to an end without insisting on the immediate reopening of the Strait of Hormuz.
The Government of Dubai has confirmed that firefighting teams successfully extinguished the fire that broke out on a huge Kuwaiti oil tanker after an Iranian drone attack off Dubai waters early on Tuesday.
The war in the Middle East is upending lives and livelihoods in the region and beyond. It is also dimming the outlook for many economies that had only just shown signs of a sustained recovery from previous crises, says key IMF directors in a blogpost.
Dubai has announced a set of economic incentives totalling AED1 billion ($272.2 million) to be implemented over a period of three to six months starting 1st April 2026.
Kuwait's Ministry of Electricity, Water and Renewable Energy announced on Sunday that a service building at one of the power and water distillation plants was damaged in an Iranian attack, resulting in the death of an Indian worker.
US President Donald Trump has said in an interview with Financial Times that he wanted to "take the oil in Iran" and could seize the export hub of Kharg Island.
The UAE's Emirates Global Aluminium has said the company’s Al Taweelah site sustained significant damage during the Iranian missile and drone attacks at Khalifa Economic Zone Abu Dhabi.
Saudi-based Alkhorayef Water and Power Technologies said it has signed a key contract with National Water Company (NWC) for laying of a 184-km long sewer networks system in Hafar Al Batin and Al Qaisomah Governorate. The scope of work includes building of manholes and inspection chambers.
Aramco and Algeria's Sonatrach have raised official selling prices for liquefied petroleum gas in April by between 38 per cent and 80 per cent due to limited global supply, traders said.
Chapman Freeborn, a global air charter specialist and part of Avia Solutions Group, has appointed Latha Narayan as President APAC, effective April 1.
Saudi-based ASG Plastic Factory Company has announced that it has won approval from its board of directors to increase the capital of its wholly-owned subsidiary, ASK Pipes Company, to SAR15 million ($4 million) from SAR250,000 ($66586), registering nearly a sixty-fold rise.
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.
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, 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 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, 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.
Saudi Arabia's banking sector saw a slowing of credit growth in February to +0.5% month-on-month (+9.6% y-o-y), vs 0.7% m-o-m in January 2026 and average 0.9% m-o-m in 2025.
The digital infrastructure of a nation must remain resilient and capable of serving the needs of the state and its people under all circumstances, it was highlighted at the SAMENA Telecommunications Council Leaders’ Summit 2026 in Dubai.
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.
An Iranian drone attack struck fuel tanks at Kuwait International Airport on Wednesday, sparking a massive fire but causing no casualties, Kuwait's state news agency KUNA said. The fuel tanks, which belonged to the Kuwait Aviation Fuelling Company (Kafco) have sustained significant damages.
