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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Attracting international capital into advanced manufacturing is central to the UAE's long-term economic vision, said Mohamed Hassan Alsuwaidi, UAE Minister of Investment.
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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%.
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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.
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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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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.
Dana Gas and Levidian, a British advanced materials company, have signed a memorandum of understanding (MoU) to develop the Sharjah Graphene Park, a UAE-based advanced materials manufacturing and commercialisation initiative.
The Saudi Authority for Industrial Cities and Technology Zones (MODON) recorded strong performance in 2025, attracting a total investment of approximately SAR30 billion ($8 billion), a 25% growth over the previous year.
The Comprehensive Economic Partnership Agreements (CEPA), which the UAE has concluded with 36 countries so far, have enabled the UAE’s non-oil foreign trade to surpass $1 trillion (AED3.8 trillion) in 2025, said a senior official.
US President Donald Trump said the US military will temporarily pause “Project Freedom” — the military-backed plan to guide commercial vessels through the Strait of Hormuz — signalling a potential easing of tensions with Iran.
Around 20,000 seafarers remain trapped and unable to leave in and around the Strait of Hormuz, said International Maritime Organization (IMO) Secretary-General Arsenio Dominguez.
SaMoTer 2026, the triennial International Construction Equipment Exhibition, opens tomorrow at the Verona Exhibition Centre. For four days, Veronafiere will be the world capital of mechanisation in the construction industry thanks to attendance by top international brands in the sector.
US Defence Secretary Pete Hegseth has said that the US-Iran ceasefire is not over despite this week's attacks on vessels in the Strait of Hormuz. The US effort to guide vessels out of the strait is temporary and separate, he said.
Tawazun Council for Defence Enablement and Lockheed Martin have signed an agreement to establish a Cybersecurity Centre of Excellence in the United Arab Emirates, in a strategic move aimed at strengthening the UAE’s national capabilities in the digital domain.
Ritchie Bros. an RB Global company and a leader in asset management and equipment disposition across Europe and Middle-East, is preparing for an expanded auction calendar with the arrival of spring, following a record-breaking first quarter.
The European Commission selected nine hydrogen projects across seven EEA countries under the European Hydrogen Bank auction. Backed by €1.09 billion ($1.3 billion) in EU funding, they aim to deliver 1.1GW electrolyser capacity, producing 1.3 million tonnes of hydrogen.
Riyadh Airports Company, which manages and operates King Khalid International Airport in Riyadh, achieved a new global accomplishment by winning four awards at the 2026 Stevie Awards.
DP World has hosted a high-level delegation from the Public Authority for Special Economic Zones and Free Zones (OPAZ) of Oman to review progress on the Al Rawdah Special Economic Zone and discuss the next stages of development.
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.
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.
PureHealth, the largest healthcare group in the Middle East, today announced that it has exceeded AED6.33 billion ($1.72 billion) in local procurement spend since joining the Ministry of Industry and Advanced Technology’s (MoIAT) National In-Country Value (ICV) programme, in 2022.
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, 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 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.
Ooredoo Group today announced a partnership with du, the leading telecom and digital services provider, to land the Fibre in the Gulf (FIG) subsea cable system in the UAE, marking further progress in the development of a high-capacity international connectivity platform designed to support the region’s growing data and digital infrastructure requirements.
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.
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 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.
