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Abu Dhabi Officials Assess Quality Initiatives to Boost Global Market Position
The Abu Dhabi Quality Policy Committee reviewed measures to enhance competitiveness during a meeting this week, evaluating progress on standards…
Japanese Energy Firm INPEX Commits to 15 Years of LNG Purchases from ADNOC Abu Dhabi Project
ADNOC announced on July 7, 2026, that it signed a 15-year sales and purchase agreement with INPEX to supply 1…
Stronger Dollar Pulls Gold Back From Two-Week High Ahead of Fed Minutes
Gold prices slipped on July 7, 2026 after reaching a two-week high the session before as a firmer U.S. dollar…
Crude Oil Futures Advance as Traders Pivot to Supply Rebound and Demand Indicators
Oil prices gained ground on July 6 as market participants shifted their focus to the pace of supply recovery and…
China’s Robot Exports Hit $3 Billion With 10.4 Million Units Shipped Early in 2026
On July 6, 2026, China's General Administration of Customs announced that the country's robot exports had reached approximately $3 billion…
UAE and South Korea Launch Joint Study for Korean Industrial Zone
On July 6, 2026, the United Arab Emirates and South Korea announced a partnership to study the establishment of a…
UAE Central Bank Issues AED 1.82 Million Penalty to Foreign Bank Branch
The Central Bank of the UAE imposed a financial sanction of AED 1,820,000 on a branch of a foreign bank…
S&P Global Maintains Alkhaleej Takaful Insurer Ratings at ‘A-‘ Level
S&P Global Ratings affirmed Alkhaleej Takaful Insurance Company's long-term issuer credit and insurer financial strength ratings at 'A-' with a…
The Procurement Checklist: How Gulf Firms Should Actually Buy Legal AI
How Gulf law firms should buy legal AI: scope the risk, demand ISO and SOC 2 evidence, check data residency,…
ADNOC Creates Unified LNG Marketing and Trading Hub Targeting 47 Million Tonnes by 2035
ADNOC on July 6, 2026 launched an integrated global liquefied natural gas marketing and trading platform in Abu Dhabi Global…
South Korea Begins Continuous Won Trading to Enhance Global Market Access
South Korea on Monday launched its first 24-hour onshore trading system for the won against the dollar, a reform designed…
Bullion Holds Near Two-Week High as Fed Rate Hike Bets Ease After Soft Jobs Data
Gold held near a two-week high on July 6, 2026, as weak U.S. jobs data prompted investors to dial back…