In a historic first, the UAE has become one of the world’s top 10 exporting countries, reported state news Agency Wam, citing the latest figures from World Trade Organisation (WTO). The country’s goods and services trade has increased from $949 billion in 2021 to $1.637 trillion last year.
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Two US warplanes were downed over Iran, said media reports, with two pilots rescued and a third still missing and being hunted by Tehran's forces. The incidents show the risks still faced by US jets over Iran despite assertions from President Donald Trump that their forces had total control of the skies.
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The Dubai real estate market recorded 47,996 sales transactions worth AED176.7 billion ($48.11 billion) in Q1 2026, a 5.5% year-on-year increase in volume and a 23.4% rise in value, as the property sector showed strong resilience in March.
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Teachers have warned that the rapid adoption of AI is reshaping how students learn, eroding basic skills like writing, spelling, problem-solving, and critical thinking, while raising questions about motivation, human interaction, and equity, a new report says.
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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.
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US Army chief of staff and two other generals were sacked by US Defense Secretary Pete Hegseth on Thursday, amid the war with Iran.
US President Donald Trump on Thursday warned the US military will destroy bridges and electric power plants in Iran, even as the world awaited an end to the conflict.
Oil prices could rise to $120–$130 a barrel in the near term, with a risk of climbing above $150 if supply flows through the Strait of Hormuz remain disrupted into mid-May, according to a JP Morgan note cited by Reuters.
UAE banks’ viability ratings could face risks from asset-quality deterioration, lower business volumes and higher impairments under the adverse scenario, where the impact of the Iran conflict is significantly more severe, with real estate lending seen as the most likely source of stress, according to Fitch Ratings.
The UAE is well equipped to withstand the current regional crisis and has overcome far more severe shocks in the past, prominent Emirati businessman Khalaf Ahmad Al Habtoor said on Thursday, reacting to warnings by American economist Jeffrey Sachs.
Dubai has announced a three-month deferral on collecting hotel sales fees and the Tourism Dirham, starting April 1, 2026 as part of its AED1 billion ($272 million) economic package for businesses and individuals.
Eli Lilly and Company has announced that the US Food and Drug Administration (FDA) has approved Foundayo (orforglipron) for adults with obesity, or overweight with weight-related medical problems.
Saudi Global Ports Group (SGP) has begun operations at the Jubail Container Terminal (JCT) at Jubail Commercial Port under a long-term privatisation agreement with the Saudi Ports Authority (Mawani), spanning 30 years.
The Saudi city of Makkah is moving closer to a major transformation of its transport network, with plans for a new airport and metro system advancing as part of a major infrastructure upgrade, said a report. Feasibility studies and preliminary designs for the metro have already been completed.
The National Bank of Bahrain (NBB) has announced the first grand prize draw of its Thara’a 2026 campaign, offering one winner a luxury seafront villa and 100 winners $10,000 each.
Senior UAE authorities have reported damage at a major plant of leading petrochemicals company Borouge located in Abu Dhabi after falling debris from an air defence interception ignited three fires, but no injuries were reported. Earlier, authorities said operations at the plant were suspended because of the blaze.
SalamAir announced its Q1 2026 On-Time Performance results, operating 5,520 flights and carrying 778,410 passengers across its network, achieving a 65.6% OTP rate during the first quarter of the year.
In a historic first, the UAE has become one of the world’s top 10 exporting countries, reported state news Agency Wam, citing the latest figures from World Trade Organisation (WTO). The country’s goods and services trade has increased from $949 billion in 2021 to $1.637 trillion last year.
Teachers have warned that the rapid adoption of AI is reshaping how students learn, eroding basic skills like writing, spelling, problem-solving, and critical thinking, while raising questions about motivation, human interaction, and equity, a new report says.
Saudi-based Al Ramz Real Estate Company has announced plans to set up a shariah-compliant real estate investment fund, aimed at developing a key residential project in Jeddah. Located within the Al Firdous district, the integrated community development will boast 900 residential units as well as key amenities.
Emirates Drug Establishment (EDE) has approved Foundayo (orforglipron), an innovative oral treatment for chronic weight management, making the UAE the second country in the world to register the medication, developed by global pharmaceutical company Eli Lilly.
Bain & Company, a global consultancy, has announced the appointment of Eric Beranger-Fenouillet as the managing partner for its Middle East business. Based in UAE, he will lead the firm across the region, with a focus on helping clients deliver complex transformation agendas.
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.
In a historic first, the UAE has become one of the world’s top 10 exporting countries, reported state news Agency Wam, citing the latest figures from World Trade Organisation (WTO). The country’s goods and services trade has increased from $949 billion in 2021 to $1.637 trillion last year.
Gulf Business Machines (GBM), an end-to-end digital solutions provider, has appointed Ashesh Mukhopadhyay as the General Manager for its Bahrain operations.
Batic Investment and Logistics Company has announced that its wholly-owned unit Saudi Transport and Investment Company (Mubarrad) had reached an agreement to acquire 90 MAN truck heads from Haji Husein Alireza & Co. Ltd., as part of efforts to modernise its fleet.
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.
The Bahrain Defence Force has announced that its air defence systems have successfully intercepted and destroyed 188 missiles and 466 unmanned aerial vehicles launched as part of an ongoing Iranian terrorist aggression against the kingdom, which commenced on February 28.
