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UN Urges Global Financial Reforms to Ensure AI Benefits All Nations
The United Nations this week called for reforms to the international financial system and AI for all as Secretary-General António Guterres pressed for technology that shapes humanity's future to be…
South Korea Inflation Accelerates to 3.1 Percent in August on Fuel and Mobile Fees
South Korea's consumer prices rose 3.1 percent in August from…
Panama Canal Authority Forecasts 6.7 Percent Revenue Rise to $5.56 Billion in FY2027
Panama's Cabinet approved the Panama Canal Authority's FY2027 budget on…
Qatar Central Bank Extends QA-RTGS Direct Access to Licensed Payment Providers
On September 1, Qatar Central Bank enabled payment service providers to open accounts and access…
Lesha Bank Finalises Equity Acquisition in Diversified 18-Aircraft Portfolio
Lesha Bank announced on Tuesday it completed the acquisition of equity interests in a portfolio…
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Brent Crude Advances on Middle East Supply Concerns
Brent crude futures rose 0.92% to reach $95.52 per barrel in early trading on Wednesday…
US Naval Blockade Stops Iranian Crude Exports for Seven Weeks
A US naval blockade reinstated on July 14 has halted meaningful Iranian crude shipments through…
Dubai Chambers Launches Agentic AI Training Tracks for Over 14,000 Member Companies
Dubai Chambers announced on September 1, 2026 the launch of specialised Agentic AI training tracks…
Gold Declines as Oil Surge from Middle East Conflict Ignites Inflation Concerns
Gold slipped on Monday as rising oil prices driven by Middle East tensions fueled inflation…
Energy Price Surge Drives Eurozone Inflation to Three-Year High in August
Eurostat announced on Tuesday that euro area annual inflation up to 3.3% in August, climbing…
Strong Demand Drives Dubai Islamic Bank to Close Debut Syndicated Islamic Financing Deal
Dubai Islamic Bank closed its debut $750 million syndicated Islamic financing facility on September 1,…
China’s Digital Industry Revenue Exceeds $3 Trillion in First Half of 2026
China's digital industry revenue surpassed $3 trillion in the first half of 2026, the Ministry…
UAE Federal Tax Authority Reports Strong Turnout at Awareness Sessions in Early 2026
The Federal Tax Authority attracted nearly 34,000 participants to its awareness events in the first…
Qatar Industrial Investments Reach QR248.44bn in Q2 as Factories Expand
Qatar's Ministry of Commerce and Industry reported on Tuesday that cumulative investments in the industrial sector reached QR248.44 billion in…
As Gulf Venture Money Concentrates, Market Access Is Becoming the Scarcer Asset
Gulf VC Concentration Makes Market Access the New Prize | MENA VC funding hit $1.35bn in H1 2026 as deals…
Wind Capacity Additions in Europe Surge 30 Percent in First Half of 2026
Europe added 8.8 gigawatts of new wind capacity in the first half of 2026, a 30 percent increase from the…
When Amazon Owns the Aisle, Gulf E-Commerce Still Has Room for Specialists
Gulf E-Commerce Still Has Room for Specialists | UAE e-commerce is heading toward $14bn as…
Arab Economic and Social Council Opens 118th Session on Regional Recovery Priorities
The 118th session of the Arab Economic and Social Council convened on August 30, 2026,…
UAE and Lebanon Form Joint Business Council During Beirut Economic Forum
The UAE Federation of Chambers of Commerce and Industry signed an agreement with its Lebanese…
Turkish Exports Hit Record July Level of $25.6 Billion
Türkiye's exports climbed to a record $25.6 billion in July 2026, rising 2.9 percent year…
Highlight Stories
Alpha Dhabi Raises Ownership to 40 Percent With $1 Billion Commitment in Mubadala Credit Partnership
Alpha Dhabi Holding announced on May 6 2026 that it has doubled its capital commitment to US$1 billion and increased its stake to 40 percent in the MICAD Credit joint…
Al Olama Highlights 63-Fold Surge in UAE Renewable Energy Capacity Over Decade
Eng. Sharif Al Olama said this week that UAE renewable energy capacity has grown more than 63-fold in the past 10 years, reaching nearly 8 gigawatts as the country accelerates…
UAE Fuel Prices for September 2025 Set With Super 98 at AED 2.70 Per Litre
On August 31 2025 the UAE Fuel Price Committee announced prices for September with super…
Precious Metals Tumble With Gold Approaching Two-Week Low on Policy Outlook
Gold hit near a two-week low on August 31, 2026 after sliding 9 percent amid…
Turkish Economic Sentiment Turns Positive as Key Index Tops Threshold
Türkiye's economic confidence index climbed to 100.6 in August from 99.8 the month before, crossing…
Russian Cryptocurrency Trading Set to Reach $46.43 Billion Under New Rules
Cryptocurrency trading in Russia may reach $46.43 billion as the country rolls out its first…
Jordanian Industrial Exports to UAE Grow by JD45 Million in First Half
Jordanian industrial exports to the UAE rose 29 percent in the first half of 2026,…
KPC Reports Rise in Kuwaiti Crude to $87.44 per Barrel on Renewed Demand
The Kuwaiti oil price rose to US$87.44 per barrel on Tuesday, the Kuwait Petroleum Corporation…
Trump Announces Historic US Control of 65 Billion Barrels in Venezuelan Oil Agreement
President Donald Trump announced on August 28 2026 that the United States had secured majority…
China Data Industry Scales to 6.78 Trillion Yuan in 2025 on AI Demand Surge
China's data industry reached 6.78 trillion yuan in 2025 with 15.7 percent growth from the…