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Category: Business

Saudi Arabia Launches Riyadh Air as Kingdom Pushes to Build Global Aviation Hub
Business

Saudi Arabia Launches Riyadh Air as Kingdom Pushes to Build Global Aviation Hub

June 10, 2026

Saudi Arabia officially launched its second national airline, Riyadh Air, on Wednesday, marking a major milestone in the Kingdom’s efforts…

TENX Properties Launches 10X Land Expo 2026 Featuring Over Dh100 Billion in Investment Opportunities
Business

TENX Properties Launches 10X Land Expo 2026 Featuring Over Dh100 Billion in Investment Opportunities

June 10, 2026

TENX Properties LLC has announced the launch of 10X Land Expo 2026, a major real estate investment event aimed at…

UAE Cyber Chief Warns AI Is Fueling More Advanced and Destructive Cyberattacks
Business

UAE Cyber Chief Warns AI Is Fueling More Advanced and Destructive Cyberattacks

June 9, 2026

Artificial intelligence is increasingly being used to power a wider range of cyberattacks, moving beyond traditional phishing scams and email…

Gulf Economies Lose $150 Billion as Middle East Conflict Disrupts Energy Trade
Business

Gulf Economies Lose $150 Billion as Middle East Conflict Disrupts Energy Trade

June 9, 2026

Gulf countries have suffered an estimated $150 billion (Dh550.5 billion) in lost revenues and trade since the outbreak of the…

Rising Costs and Regional Uncertainty Drive Gulf Businesses Toward Virtual Meetings
Business

Rising Costs and Regional Uncertainty Drive Gulf Businesses Toward Virtual Meetings

June 8, 2026

Businesses across the UAE and the wider Gulf region are increasingly relying on virtual meetings as higher travel costs, geopolitical…

UAE Highlights Strong Fiscal Progress in 2025 with Larger Budget and New Investment Initiatives
Business

UAE Highlights Strong Fiscal Progress in 2025 with Larger Budget and New Investment Initiatives

June 7, 2026

The UAE recorded a series of major financial achievements in 2025, including the approval of a Dh92.4 billion federal budget…

Bildco Erases Dh464 Million in Losses, Opens New Chapter for Growth and Shareholder Returns
Business

Bildco Erases Dh464 Million in Losses, Opens New Chapter for Growth and Shareholder Returns

June 7, 2026

Abu Dhabi National Co. for Building Materials, known as Bildco, has eliminated accumulated losses totaling more than Dh464 million after…

UN Warns Strait of Hormuz Closure Threatens Nearly One Billion People in Vulnerable Economies
Business

UN Warns Strait of Hormuz Closure Threatens Nearly One Billion People in Vulnerable Economies

June 7, 2026

The closure of the Strait of Hormuz is placing nearly one billion people at risk of rising living costs and…

Pakistan Introduces Dirham and Riyal Investment Certificates for Overseas Workers in Gulf
Business

Pakistan Introduces Dirham and Riyal Investment Certificates for Overseas Workers in Gulf

June 5, 2026

Pakistan has expanded its investment options for overseas citizens by introducing dirham- and riyal-denominated Naya Pakistan Certificates (NPCs), a move…

Tech Ecosystems Poised to Shape Global Innovation in 2026
Business

Tech Ecosystems Poised to Shape Global Innovation in 2026

June 5, 2026June 5, 2026

Technology leaders are predicting that 2026 will mark a turning point in the evolution of innovation, with emerging trends expected…

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  • At Least 40 Iranian Sailors Seek Urgent Medical Care in Sri LankaOctober 25, 2026
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  • Hunter Douglas Supplies More Than 4,500 Blind Systems to DEWA’s Al Shera’a HeadquartersOctober 23, 2026
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