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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15.5km UNDEGROUND SECTION

Tunnelling works for $5.58bn Dubai Metro Blue Line launched

Mon, 04 May 2026

The primary tunnelling works for the AED20.5 billion ($5.58 billion) Dubai Metro Blue Line project was launched on Sunday by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

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TANKER HIT

US military to guide ships through Strait of Hormuz; massive force ready

Mon, 04 May 2026

US President Donald Trump has announced that the US will begin guiding ships through the Strait of Hormuz, which remains largely blocked by Iran, starting Monday.

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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

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.

Iran sends new proposals for peace talks to Pakistan

Fri, 01 May 2026

Iran has delivered its latest proposal for negotiations to end the war with US to Pakistan, a mediator, said IRNA news agency.

Türkiye welcomes 9.2m international visitors in Q1, up 4.2%

Fri, 01 May 2026

Türkiye experienced a 4.2% rise in international visitors, totalling 9.2 million in the first quarter of this year. The country also reported an impressive $9.896 billion in tourism revenue for the quarter.

UAE, South Korea unlock new opportunities as CEPA enters into force

Fri, 01 May 2026

The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and South Korea has officially entered into force, marking a significant step forward in economic relations between the two countries.

Dana Gas says all overdue receivables settled by Egypt

Fri, 01 May 2026

Dana Gas, the Middle East’s largest regional private sector natural gas company, has received an additional payment of $20 million from Egypt, with all overdue receivables now fully settled.

Oil continues upward trend as US, Iran harden stances

Fri, 01 May 2026

Oil prices extended their rally on Friday as geopolitical tensions around Strait of Hormuz remained unresolved, with both Iran and the United States showing no signs of de-escalation.

betterhomes announces exclusive launch of 93-storey Dubai tower

Mon, 04 May 2026

UAE real estate agency betterhomes has announced the exclusive launch of City Tower, a premium long-term leasing address on Sheikh Zayed Road in Dubai, in collaboration with H&H Properties. The 93-storey tower offers 695 residences - ranging from studios to four-bedroom homes - available to move-in from June 20.

LNG exports fall to two year low amid Mideast disruptions

Mon, 04 May 2026

Global LNG exports fell to about 33 million tonnes in April 2026, the lowest in nearly two years, as Middle East tanker disruptions linked to the US-Israeli war with Iran impacted shipping flows.

Red Sea Global adds 32 extra flights for Eid Al-Adha travel surge

Mon, 04 May 2026

Red Sea Global (RSG) is expanding access to The Red Sea destination for Eid Al-Adha by adding 32 extra flights between May 21–31 to meet rising holiday demand.

Hanna Ihnatovich named Volvo CE global sales head

Mon, 04 May 2026

Volvo Construction Equipment (Volvo CE), a global leader in construction solutions, has announced the appointment of Hanna Ihnatovich as the new Head of Sales (International). An industry veteran, Hanna had held a range of commercial roles globally and also across Europe region.

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.

WHX Tech to take place alongside World Health Expo in January in Dubai

Fri, 01 May 2026

The next edition of WHX Tech will take place from January 27–29, 2027 at the Dubai World Trade Centre (DWTC). The event will run alongside World Health Expo (WHX), the flagship global healthcare event.

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.

Sarwa becomes first UAE fintech to top $1bn in client assets

Mon, 04 May 2026

Sarwa, one of the GCC’s leading investment and personal finance platforms, has announced that it has crossed $1 billion in client assets, becoming the first UAE-founded FinTech platform to reach this milestone. Founded in the DIFC, Sarwa was an early mover shaping the region’s FinTech sector.

WHX Tech to take place alongside World Health Expo in January in Dubai

Fri, 01 May 2026

The next edition of WHX Tech will take place from January 27–29, 2027 at the Dubai World Trade Centre (DWTC). The event will run alongside World Health Expo (WHX), the flagship global healthcare event.

Global sales of electric cars weaken in Q1, says report

Sat, 02 May 2026

Global sales of electric cars weakened during the first quarter with the top markets of China and US leading the sales decline. In 43 key markets analysed by the consulting firm PwC, the number of electric cars sold was 1% lower than in the same period in 2025, at just under 2.7 million.

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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