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Category: Business

World Bank Warns Iran-Israel Tensions Could Derail GCC Growth
Business

World Bank Warns Iran-Israel Tensions Could Derail GCC Growth

June 26, 2025

The World Bank has cautioned that rising tensions between Iran and Israel could threaten the Gulf Cooperation Council’s (GCC) economic…

UAE Petrol Prices Likely to Rise in July Amid Global Oil Market Turmoil
Business

UAE Petrol Prices Likely to Rise in July Amid Global Oil Market Turmoil

June 26, 2025

Petrol prices in the UAE are expected to increase in July, following a sharp rise in global oil prices driven…

UAE FinTech Market Set to Nearly Double by 2029, Emirates NBD-PwC Report Reveals
Business

UAE FinTech Market Set to Nearly Double by 2029, Emirates NBD-PwC Report Reveals

June 25, 2025

The United Arab Emirates’ FinTech sector is poised for rapid expansion, with market value projected to surge from $3.16 billion…

Emirates to Shift Entire Operations to Al Maktoum Airport Within Three Days of Opening
Business

Emirates to Shift Entire Operations to Al Maktoum Airport Within Three Days of Opening

June 24, 2025

Emirates Airline will relocate all its operations from Dubai International Airport (DXB) to the upcoming Al Maktoum International Airport within…

Airlines Weigh Resumption of Middle East Flights Amid Rising Regional Tensions
Business

Airlines Weigh Resumption of Middle East Flights Amid Rising Regional Tensions

June 23, 2025

Airlines around the globe are grappling with difficult decisions on Monday over the safety of resuming flights through Middle Eastern…

UAE Air Traffic Steady Amid Regional Tensions, But Saudi Overflights Double
Business

UAE Air Traffic Steady Amid Regional Tensions, But Saudi Overflights Double

June 22, 2025

Despite heightened tensions following the outbreak of war between Israel and Iran on June 13, air traffic in the UAE…

UAE Cybersecurity Experts Warn of Major Global Password Breach, Urge Stronger Defenses
Business

UAE Cybersecurity Experts Warn of Major Global Password Breach, Urge Stronger Defenses

June 22, 2025

UAE-based cybersecurity experts have raised serious concerns following the discovery of over 16 billion compromised login credentials in what is…

Apple Reportedly Explores Bid for AI Search Startup Perplexity Amid Rising Tech Competition
Business

Apple Reportedly Explores Bid for AI Search Startup Perplexity Amid Rising Tech Competition

June 21, 2025

Apple is reportedly exploring a potential bid for artificial intelligence startup Perplexity, according to a Bloomberg News report published Friday,…

Bitcoin Holds Steady Amid Global Uncertainty as Financial Ecosystem Expands
Business

Bitcoin Holds Steady Amid Global Uncertainty as Financial Ecosystem Expands

June 21, 2025

Despite recent geopolitical tensions shaking global markets, Bitcoin has shown unexpected stability, prompting renewed confidence in the cryptocurrency’s long-term potential…

World’s Largest Data Breach Exposes 16 Billion Login Credentials
Business

World’s Largest Data Breach Exposes 16 Billion Login Credentials

June 20, 2025

In what cybersecurity experts are calling the largest data breach in history, more than 16 billion login credentials have been…

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  • IEA Warns of Major Oil Surplus in 2027 as Gulf Production Recovers
  • Gulf Economies Face Slow Recovery Despite Hormuz Reopening, Economists Warn
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  • AI Infrastructure Emerges as New Strategic Battleground for Global Economic Power
  • UAE Oil Production Set to Surpass 5 Million BPD as Expansion Plans Accelerate After OPEC Exit

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  • IEA Warns of Major Oil Surplus in 2027 as Gulf Production RecoversJune 18, 2026
  • Gulf Economies Face Slow Recovery Despite Hormuz Reopening, Economists WarnJune 18, 2026
  • Shehbaz Sharif Hails Qatar’s Role in US-Iran Agreement as Ceasefire Takes EffectJune 18, 2026
  • AI Infrastructure Emerges as New Strategic Battleground for Global Economic PowerJune 17, 2026
  • UAE Oil Production Set to Surpass 5 Million BPD as Expansion Plans Accelerate After OPEC ExitJune 17, 2026
  • Qatar Closes Restaurant After Food Poisoning Reports, Investigation UnderwayJune 17, 2026
  • Qatar Expresses Cautious Optimism as US-Iran Peace Agreement Moves Toward Formal SigningJune 16, 2026
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