CRIMES SEEN SOARING

Global losses from financial frauds top $422bn in 2025

Tue, 17 Mar 2026

Global losses related to financial fraud in 2025 alone have been estimated at $442 billion, according to an INTERPOL report, which highlighted that since 2024 such activities have increased 54%.

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HORMUZ REMAINS LARGELY CLOSED

Israel says Iran's top security official killed; Tehran rejects ceasefire moves

Tue, 17 Mar 2026

Israel said on Tuesday it had killed Iran’s top security official Ali Larijani in an air strike, while Tehran signalled it was rejecting ceasefire overtures conveyed through intermediaries.

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WEF'S NEW NATURE ECONOMY REPORT

50+ nature-positive investible opportunities 'can deliver $10trn a year'

Tue, 17 Mar 2026

More than 50 investible opportunities could turn capital flows into lucrative nature-positive business practices and contribute up to $10.1 trillion in annual business revenues and cost savings by 2030, according to a new World Economic Forum report launched today.

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CONCERN OVER FOOD PRICES

Hormuz closure could ripple across global sectors, economies: UNCTAD

Fri, 13 Mar 2026

Shipping disruptions through the Strait of Hormuz, one of the world’s busiest maritime corridors, are sending ripple effects far beyond the Middle East, threatening energy markets, freight costs and global supply chains, a United Nations Conference on Trade and Development (UNCTAD) study has warned.

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ANALYSIS

'Double whammy' as oil soars to new highs and trade tensions escalate

Thu, 12 Mar 2026

Markets are facing a 'double whammy' of energy volatility and trade tensions flaring up again, says a financial expert amid escalating conflict involving Iran, while the Trump administration simultaneously launches sweeping new trade investigations targeting many of the world’s largest economies.

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Top This Week

Flights from Dubai International Airport suspended temporarily

Mon, 16 Mar 2026

Dubai Civil Aviation Authority announced Monday morning the temporary suspension of flights at Dubai International Airport as a precautionary measure to ensure the safety of all passengers and staff.

Air India, Air India Express to operate 48 Mideast flights

Sun, 15 Mar 2026

Indian carriers Air India and Air India Express are jointly operating 48 scheduled and non-scheduled flights, to and from the Middle East region on March 16. The duo will continue their scheduled operations to Jeddah and Omani capital Muscat including a total of 10 flights between India and the Saudi port city.

Diriyah unveils 1.9km main spine within mega Saudi development

Sun, 15 Mar 2026

Diriyah Company, the developer of Saudi Arabia's premier historical, cultural, and lifestyle destination, has announced the launch of a 1.9-km-long main spine within its mega development in the kingdom's ancient city. The GrandAvenue will boast iconic landmarks, hotels, offices, retail spaces and residential units.

MotoGP postpones QatarGP to November

Sun, 15 Mar 2026

MotoGP has confirmed that the Qatar Grand Prix, originally scheduled for April, has been postponed to November 8 due to the ongoing geopolitical situation in the Middle East.

Alba cuts 19pc output as Hormuz closure disrupts trade

Sun, 15 Mar 2026

Aluminium Bahrain (Alba), the world’s largest smelter on one site, has initiated a controlled and safe shutdown of Reduction Lines 1, 2 and 3, which together represent 19% of Alba’s total production capacity, as an operational measure to preserve business continuity following the closure of Strait of Hormuz.

Gulf Air expands Dammam ops, starts bookings for international flights

Sun, 15 Mar 2026

Gulf Air, the national carrier of the Kingdom of Bahrain, has announced the expansion of its temporary operations via King Fahad International Airport in Dammam (DMM), with flights now available for commercial booking to passengers travelling to London Heathrow, Mumbai and Bangkok.

Trump warns of more Kharg Island strikes, pushes allies on Hormuz

Sun, 15 Mar 2026

US President Donald ​Trump threatened further strikes on Iran's Kharg Island oil export hub and urged allies to deploy warships to secure the Strait of Hormuz, an artery for global ‌energy supplies, as Tehran vowed to intensify its response.

Air India Express curtails ad-hoc operations to UAE

Sun, 15 Mar 2026

Following instructions from UAE Airport Authorities, Air India Express has cancelled all its flights to and from Abu Dhabi, Ras Al Khaimah and Sharjah. However, it will operate one-round trip on Delhi–Dubai sector, to and from Dubai, subject to prevailing conditions at the time of operation.

Saudi Arabia to set up University of Arts in Riyadh

Sun, 15 Mar 2026

Saudi Arabia has issued a royal order approving the establishment of the Riyadh University of Arts, an independent educational institution headquartered in Riyadh under the supervision of the Ministry of Culture.

Arabian Construction Company wins Jubail Island villa project contract

Tue, 17 Mar 2026

Arabian Construction Company (ACC) has secured the contract from Jubail Island Investment Company to deliver the Packages 1 to 5 within its mega development in Abu Dhabi. The scope of work includes construction of premium three- to six-bedroom villas along with other key amenities.

IEA could release more oil stocks if needed: Agency Chief

Tue, 17 Mar 2026

The International Energy Agency's (IEA) ‌member countries could release more oil into the market from strategic stockpiles "as and if needed" after they agreed the largest-ever reserves release last week to offset shortages and a spike in prices, its executive director said.

Shaza Hotels introduces Eid stays, dining experiences

Tue, 17 Mar 2026

Shaza Hotels is offering a range of Eid experiences across its regional properties, focusing on family gatherings, dining, and stay packages rooted in Middle Eastern hospitality traditions.

Presight unveils first fund investments under its AI Innovation Ecosystem

Tue, 17 Mar 2026

Presight has unveiled the first six AI companies selected to receive investment through its AI Innovation Ecosystem, strengthening the pipeline of technologies designed to power next-generation intelligent systems at national and enterprise scale.

Hormuz closure could ripple across global sectors, economies: UNCTAD

Fri, 13 Mar 2026

Shipping disruptions through the Strait of Hormuz, one of the world’s busiest maritime corridors, are sending ripple effects far beyond the Middle East, threatening energy markets, freight costs and global supply chains, a United Nations Conference on Trade and Development (UNCTAD) study has warned.

Arabian Construction Company wins Jubail Island villa project contract

Tue, 17 Mar 2026

Arabian Construction Company (ACC) has secured the contract from Jubail Island Investment Company to deliver the Packages 1 to 5 within its mega development in Abu Dhabi. The scope of work includes construction of premium three- to six-bedroom villas along with other key amenities.

Emirates Drug Establishment sets up task force to support pharma supply chains

Mon, 16 Mar 2026

The Emirates Drug Establishment (EDE) has set up a task force comprising 16 strategic partners involved in pharmaceutical and logistics supply chains across the UAE, including drug manufacturers, medical warehouses, storage facilities and logistics providers.

CBSE cancels all Class 12 board exams in the Gulf countries

Sun, 15 Mar 2026

India's Central Board of Secondary Education (CBSE) on Sunday cancelled remaining Class 12 board examinations (scheduled between March 16 and April 10), including papers earlier postponed in several West Asian countries including Bahrain and other GCC countries and Iran amid the ongoing regional conflict.

Alef Group to develop mall at Sharjah's Hayyan project

Tue, 17 Mar 2026

Alef Group, a premier real estate developer in the UAE, has announced plans to develop a new community mall within Hayyan, one of its projects in Sharjah, reinforcing the group’s vision of creating integrated destinations that enrich everyday living.

Global losses from financial frauds top $422bn in 2025

Tue, 17 Mar 2026

Global losses related to financial fraud in 2025 alone have been estimated at $442 billion, according to an INTERPOL report, which highlighted that since 2024 such activities have increased 54%.

Presight unveils first fund investments under its AI Innovation Ecosystem

Tue, 17 Mar 2026

Presight has unveiled the first six AI companies selected to receive investment through its AI Innovation Ecosystem, strengthening the pipeline of technologies designed to power next-generation intelligent systems at national and enterprise scale.

Makkah taxi fleet to be doubled this year

Tue, 17 Mar 2026

Royal Commission for Makkah City and Holy Sites plans to nearly double Makkah Taxi fleet capacity this year to around 1,600 vehicles, supported by the issuance of three new operating licences to taxi companies under its General Transport Center.

Alsayyah Group allocates $27.2m projects to support orphans initiative

Tue, 17 Mar 2026

Alsayyah Group, a leading UAE property developer, has allocated projects valued at AED100 million ($27.2 million) in support of the “Mother of the Nation Endowment for Orphans” campaign, launched by the Endowments and Minors’ Funds Authority - Awqaf Abu Dhabi under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE.

Israel says Iran's top security official killed; Tehran rejects ceasefire moves

Tue, 17 Mar 2026

Israel said on Tuesday it had killed Iran’s top security official Ali Larijani in an air strike, while Tehran signalled it was rejecting ceasefire overtures conveyed through intermediaries.

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