THE SPINE WILL HAVE 165 TOWERS

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.

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HIGHEST GROWTH IN G20

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.

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RECORD BY SAUDI WINDFARM

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.

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HORMUZ STAYS BLOCKED

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.

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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

Dubai rental contracts value hits $8.77bn in Q1

Mon, 20 Apr 2026

The total value of rental contracts in Dubai during Q1 2026 reached AED32.2 billion ($8.77 billion), reflecting a sustained pace of activity, according to data from the Dubai Land Department.

Bahrain mulls private sector wage support

Mon, 20 Apr 2026

More than 105,500 Bahraini private‑sector workers could have their April salaries paid directly from the Unemployment Fund if a proposal gets approved.

World loses $50 billion worth of oil due to war

Mon, 20 Apr 2026

The nearly two-month-long conflict involving US, Israel and Iran has inflicted a heavy toll on global energy markets, erasing tens of billions of dollars in potential oil output and triggering one of the most severe supply disruptions in recent history.

US delegation headed to Pakistan for talks on Monday, says Trump

Sun, 19 Apr 2026

A US delegation will reach Pakistan tomorrow evening for negotiations with Iran, with about two days remaining in the two countries’ tenuous ceasefire agreement, said US President Donald Trump. Tehran has not immediately confirmed the plans.

Saudi Energy seals $3.1bn power purchase deal for Rabigh 2 project

Sun, 19 Apr 2026

Saudi Energy said it has signed a SAR11.5 billion ($3.1 billion) agreement with Saudi Power Procurement Company (SPPC) for the Rabigh 2 IPP project located in Makkah province, which on completion will boast a large-scale CCGT power plant with 2,313.5 MW generation capacity.

Iran tightens control over Strait of Hormuz; two ships hit by gunfire

Sat, 18 Apr 2026

Tensions have escalated again in the Strait of Hormuz as Iran said it was tightening control over it warning mariners that the energy lifeline was again closed, as shipping sources said at least two vessels came under fire while trying to transit the waterway. It said this was in response to a continued US blockade of Iranian ports.

Convoy of eight tankers cross Strait of Hormuz, tracking data shows

Sat, 18 Apr 2026

A convoy of eight tankers - comprising one very large crude oil carrier (VLCC) and chemical tankers - was crossing the Strait of Hormuz on Saturday, data showed, ​as some ship owners said they hoped Tehran would allow them to ‌leave the Gulf during a short ceasefire window in the Iran war.

Saudi Arabia activates multi-modal system to export diammonium phosphate

Fri, 17 Apr 2026

Saudi Arabia has activated a strategic logistics service through the integration of Saudi Arabia Railways (SAR), the Saudi Ports Authority (Mawani), and national shipping carrier Bahri, transporting diammonium phosphate (DAP) from Ras Al-Khair to Yanbu Port.

Etihad Airways unveils six new destinations in Africa

Fri, 17 Apr 2026

Etihad Airways has announced a significant expansion of its Africa network, adding new routes to the Democratic Republic of the Congo, Eritrea, Ghana, Nigeria and Zimbabwe from Abu Dhabi, as part of its continued global growth strategy.

Stake in deal to boost liquidity in UAE property investments

Tue, 21 Apr 2026

Stake, a leading digital real estate investment platform in the region, has forged a strategic partnership with Ace & Company, a Swiss-headquartered global investment group focused on private markets, to develop secondary transfer facility for fractional real estate investments in UAE.

War in Iran is causing biggest energy crisis in history: IEA

Tue, 21 Apr 2026

The Iran–US–Israel conflict is driving the worst global energy crisis, IEA head Fatih Birol said, calling it the biggest in history, worsened by Russia-related energy shocks and supply pressures global.

The Red Sea resorts offer workcation experiences

Tue, 21 Apr 2026

As more travellers choose calm, spacious places where work and rest can be balanced, the The Red Sea region offers several resorts designed for longer stays, with reliable connectivity and access to nature.

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.

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.

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.

Emirates completes 40 Travel Rehearsals for youth with autism

Mon, 20 Apr 2026

Emirates has continued its commitment to making travel more accessible for all, by successfully arranging bespoke Emirates Travel Rehearsals across more than 40 cities globally over the past year.

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.

Stake in deal to boost liquidity in UAE property investments

Tue, 21 Apr 2026

Stake, a leading digital real estate investment platform in the region, has forged a strategic partnership with Ace & Company, a Swiss-headquartered global investment group focused on private markets, to develop secondary transfer facility for fractional real estate investments in UAE.

Cisco launches sovereign critical infrastructure portfolio across EMEA

Mon, 20 Apr 2026

Cisco has launched its Sovereign Critical Infrastructure (SCI) portfolio for customers across Europe, the Middle East and Africa region. The SCI addresses the needs of organisations to innovate at pace while maintaining even greater control and autonomy over their data and digital infrastructure.

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.

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.

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