IRAN MULLS NEW LAW ON HROMUZ

Trump says will review Iran's 14-point proposal soon

Sun, 03 May 2026

US President Donald Trump said he will soon review Iran's new 14-point proposal for peace, adding that he “can’t imagine that it would be acceptable.”

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TRUMP BYPASSES CONGRESS REVIEW

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.

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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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SUSTAINABLE PEACE MUST

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.

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NON-OIL TRADE AT $6.9bn IN 2025

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.

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Top This Week

Oman sets up Artificial Intelligence Special Zone

Fri, 01 May 2026

His Majesty Sultan Haitham bin Tarik of Oman has issued a Royal Decree establishing an Artificial Intelligence Special Zone in the Governorate of Muscat, Oman News Agency (ONA) reported.

Beyon's Q1 revenue soars to $313m; net profit down

Thu, 30 Apr 2026

Bahrain-based international technology group Beyon has recorded solid revenue growth for the first quarter hitting BD119 million ($313 million), up from last year's figure of BD117 million ($307 million), primarily driven by growth in digital services, while its net profit fell 15% to BD15.3 million ($40.6 million).

Air India Express resumes flights to Bahrain, Qatar

Thu, 30 Apr 2026

Air India Express, India’s international value carrier, has announced the reinstatement of operations to Qatar and Bahrain, along with additional flights to the UAE, Oman and Saudi Arabia, starting April 30.

Mashreq Bank posts Q1 net profit before tax of $626m

Thu, 30 Apr 2026

Mashreq Bank, one of the leading financial institutions in the MENA region, has delivered a strong first-quarter performance, with operating income growing to AED3.4 billion ($925.8 million) and net profit before tax increasing to AED2.3 billion ($626.28 million).

Saudi Arabia unveils $2bn 'Jewel of the Bride' project in Jeddah

Thu, 30 Apr 2026

Saudi Arabia has announced the launch of its largest private sector residential development - Jawharat Al Arous (Arabic for Jewel of the Bride) - being developed at an investment of SAR8 billion ($2.1 billion). Spanning 107 million sq m, it boasts 18 residential neighbourhoods that will house over 700,000 citizens as well as more than 80,000 prime plots.

Dubai eases visa rules, scraps minimum property value requirement

Thu, 30 Apr 2026

Dubai has moved to further ease residency access for foreign property investors, updating rules to make visa eligibility more flexible.

Euro Consult snaps up design contract for 10 New Dammam bridges

Thu, 30 Apr 2026

Euro Consult, an international multi-disciplinary engineering/consulting company, has announced that it has been awarded a major design contract by Saudi real estate group Adel for 10 new bridges within the masterplan of its New Dammam project in the kingdom's Eastern Province.

Bahri records solid Q1 net profit; revenue soars to $1.32bn

Thu, 30 Apr 2026

Saudi Arabia's National Shipping Company Bahri has delivered solid results for the first quarter of 2026 with a 129% growth in its revenue which soared to SAR4.96 billion ($1.32 billion) driven primarily by higher freight rates, while its net profit surged to hit SAR2.15 billion ($572 million).

Ooredoo Q1 revenue up 6%; net profit 4.7% to $274m

Thu, 30 Apr 2026

Ooredoo, a major telecom company, has announced a strong start to 2026, delivering higher profitability and solid earnings momentum in the first quarter.

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.

Egypt announces new gas discovery with 50 mmcf daily capacity

Sat, 02 May 2026

Egypt has announced a new natural gas discovery in the Nile Delta, with projected production of 50 million cu ft per day (mmcf/d) following the drilling of the exploratory well (Nidoco N-2) in the West Abu Madi area, co-operated by Italy’s Eni and the UK’s British Petroleum.

UAE lifts airspace curbs, resumes normal operations

Sun, 03 May 2026

UAE's General Civil Aviation Authority has announced the full resumption of normal air navigation operations within UAE airspace and the lifting of temporary precautionary measures.

Abu Dhabi opens solar-powered Al Dhannah Harbour after key upgrade

Sat, 02 May 2026

Abu Dhabi has announced the opening of its first fully integrated solar-powered community port - Al Dhannah Community Harbour - following its modernisation and expansion, adding key facilities including a public marina with 16 berths, 99 dry-parking spaces and two boat maintenance units.

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.

Durar Group awards main contract for Missoni-branded homes in RAK

Tue, 28 Apr 2026

UAE-based Durar Group has appointed Ali & Sons as the main contractor for its flagship branded residential development - Moonstone Interiors by Missoni - on Al Marjan Island in Ras Al Khaimah. A premium development, it features 226 sea-facing residences along with key amenities.

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.

Qatar Academy - Sidra project on track for H2 completion

Thu, 23 Apr 2026

Qatar's Public Works Authority (Ashghal) has announced that over 90% work is now complete at Sidra - Education City project and is on track for opening by year-end. Spanning 74,000 sq m, the key educational facility features a main two-storey building with classrooms and multi-purpose halls.

Bahrain revises fuel prices for May

Sat, 02 May 2026

Bahrain's Fuel Pricing and Monitoring Committee has announced fuel prices for the local market for May, in line with the approved pricing mechanism and reflecting global market changes.

GCC states top global average in 2026 Economic Freedom Index

Sun, 03 May 2026

Gulf Cooperation Council (GCC) countries outperformed the global average in the 2026 Economic Freedom Index, reflecting stronger economic openness and an improved business environment, data from the GCC Statistical Centre (GCC-Stat) showed.

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’.

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.

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