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Category: Business

Micron Earnings Set to Test Strength of AI-Fueled Stock Market Rally
Business

Micron Earnings Set to Test Strength of AI-Fueled Stock Market Rally

June 21, 2026

Investors are closely watching the upcoming earnings report from Micron Technology as they look for evidence that the artificial intelligence-driven…

Dewa Launches Global Subsidiary to Expand Energy and Water Projects Worldwide
Business

Dewa Launches Global Subsidiary to Expand Energy and Water Projects Worldwide

June 21, 2026

Dubai Electricity and Water Authority (Dewa) has launched a new wholly owned subsidiary, Dewa International, as part of a strategy…

Amanat Holdings Takes Full Control of Cambridge Health Group in Dh105 Million Deal
Business

Amanat Holdings Takes Full Control of Cambridge Health Group in Dh105 Million Deal

June 19, 2026

Amanat Holdings has completed the full acquisition of Cambridge Health Group (CHG) after purchasing an additional 10.03 percent stake for…

IEA Warns of Major Oil Surplus in 2027 as Gulf Production Recovers
Business

IEA Warns of Major Oil Surplus in 2027 as Gulf Production Recovers

June 18, 2026

The global oil market could move from a severe supply crunch to a sizeable surplus next year as Gulf producers…

Gulf Economies Face Slow Recovery Despite Hormuz Reopening, Economists Warn
Business

Gulf Economies Face Slow Recovery Despite Hormuz Reopening, Economists Warn

June 18, 2026

The reopening of the Strait of Hormuz under the latest US-Iran ceasefire agreement has eased immediate concerns over global energy…

AI Infrastructure Emerges as New Strategic Battleground for Global Economic Power
Business

AI Infrastructure Emerges as New Strategic Battleground for Global Economic Power

June 17, 2026

Artificial intelligence infrastructure is rapidly becoming one of the most important strategic assets in the global economy, with industry leaders…

UAE Oil Production Set to Surpass 5 Million BPD as Expansion Plans Accelerate After OPEC Exit
Business

UAE Oil Production Set to Surpass 5 Million BPD as Expansion Plans Accelerate After OPEC Exit

June 17, 2026

The United Arab Emirates is expected to increase its oil production beyond 5 million barrels per day next year, positioning…

US-Iran Agreement Eases Recession Fears as Oil Markets Stabilise
Business

US-Iran Agreement Eases Recession Fears as Oil Markets Stabilise

June 16, 2026

A breakthrough agreement between the United States and Iran has eased concerns about a potential global recession, calming energy markets…

UAE Fuel Prices Seen Falling as Oil Markets Ease After US-Iran Peace Deal
Business

UAE Fuel Prices Seen Falling as Oil Markets Ease After US-Iran Peace Deal

June 15, 2026

Petrol prices in the UAE could decline next month as global oil prices continue to retreat, with markets reacting positively…

Kingdom Holding’s SpaceX Stake Surges to $6.83 Billion After Nasdaq Debut
Business

Kingdom Holding’s SpaceX Stake Surges to $6.83 Billion After Nasdaq Debut

June 14, 2026

Saudi Arabia’s Kingdom Holding Co. has reported a sharp increase in the value of its investment in SpaceX, with its…

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  • Dubai Airport Launches Smart Gates Pre-Check as Summer Passenger Numbers SurgeJuly 24, 2026
  • UAE Residents Face Four Umrah Visa Choices as Saudi Arabia Launches New Multiple-Entry OptionJuly 24, 2026
  • Wildfires Sweep Western Europe as Extreme Heat Forces Mass EvacuationsJuly 24, 2026
  • Ras Al Khaimah Records More Than 670,000 Visitors in First Half of 2026July 23, 2026
  • University of Birmingham Rises to 68th in QS World University RankingsJuly 23, 2026
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  • Oil Prices Surge Near Six-Week High as Middle East Shipping Risks IntensifyJuly 22, 2026
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