Energy UAE

Montenegro eyes deeper UAE energy ties, 2 GW renewables pipeline with Masdar

Miguel Hadchity 06/11/2026

Dubai, UAE – Nov. 2026 – Montenegro is looking to expand its energy partnership with the UAE and draw more Emirati investment, the country’s Minister of Energy and Mining, Admir Sahmanovic, said on the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference. Speaking

Saudi Arabia SYRIA

Saudi Arabia, Syria sign defense, industrial, agriculture and development agreements during al-Sharaa visit

Miguel Hadchity 05/11/2026

Dubai, UAE – Nov. 2026 – Saudi Arabia and Syria signed a series of cooperation agreements covering defense, industry, agriculture, the environment and development financing on Wednesday, during a visit to the Kingdom by Syrian President Ahmad Al-Sharaa. Al-Sharaa visited at the invitation of King Salman bin Abdulaziz Al Saud on Nov. 4, Crown Prince […]

Finance UAE

Dubai’s DIFC opens its innovation ecosystem to up to 6k Japanese startups

Miguel Hadchity 04/11/2026

Dubai, UAE – Nov. 2026 – The Dubai International Financial Centre announced a new partnership giving up to 6,000 Japanese startups direct access to its innovation ecosystem, as the number of AI, fintech and innovation firms in the hub passed 2,000. The announcement came on the second day of the inaugural Dubai Future of Finance […]

Energy UAE

UAE to invest up to AED200bn in energy sector by 2030, minister says

Miguel Hadchity 03/11/2026

Dubai, UAE – Nov. 2026 – The UAE plans to invest between AED 150 billion and AED 200 billion in its energy sector by 2030 to meet rising demand, the country’s energy minister said on Tuesday, as the Gulf state moves to shore up supply security amid geopolitical volatility. Suhail bin Mohammed Al Mazrouei, minister […]

Energy Tech UAE

ADNOC becomes first energy company to deploy OpenAI’s frontier technology in deal with G42

Miguel Hadchity 02/11/2026

Dubai, UAE – Nov. 2026 – Abu Dhabi National Oil Co. has signed a landmark agreement with UAE technology group G42 and OpenAI, becoming the first energy company in the world to deploy OpenAI’s frontier technology, the company said. The agreement was witnessed by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of […]

MIDDLE EAST News

Commodity prices to jump 23% this year as Middle East conflict and risks mount: World Bank

Miguel Hadchity 30/10/2026

Dubai, UAE – Oct. 2026 – Commodity prices are set to rise 23 percent in 2026 as several global shocks hit at once, the World Bank Group said in its latest Commodity Markets Outlook. The conflict in the Middle East has drawn down oil inventories and is expected to push energy prices to a four-year […]

Events Lebanon

Lebanon to host 2028 Asian Ski Championship, federation chief says

Miguel Hadchity 29/10/2026

Dubai, UAE – Oct. 2026 – Lebanon will host the Asian Ski Championship in 2028, the president of the Lebanese Ski and Biathlon Federation, Freddy Keyrouz, announced at the body’s annual general assembly. The assembly was held at the Lebanese Automobile and Touring Club in Kaslik and attended by 23 of the 26 clubs eligible […]

News UAE

Dubai Chambers, DHL Express sign deal to help local firms expand globally

Miguel Hadchity 28/10/2026

Dubai, UAE – Oct. 2026 – Dubai Chambers has signed a memorandum of understanding with DHL Express to help Dubai-based companies expand into international markets and improve their global competitiveness. The agreement aims to widen local firms’ access to overseas markets and support their export activities through logistics and commercial solutions, along with

News UAE

Dubai Customs processes 1.36m customs deposit refund requests in H1 2026

Miguel Hadchity 26/10/2026

Dubai, UAE – Oct. 2026 – Dubai Customs processed 1.36 million requests to refund customs deposits in the first half of 2026, up 3.6 percent from 1.31 million in the same period of 2025. The total value of requests submitted by customers rose 13.1 percent to AED6.9 billion, from AED6.1 billion a year earlier. The […]

Events UAE

WETEX 2026 showcases UAE firms’ energy and sustainability solutions, participants say

Miguel Hadchity 23/10/2026

Dubai, UAE – Oct. 2026 – Participants at WETEX 2026 highlighted the exhibition’s role in supporting UAE companies, showcasing their innovative energy and sustainability solutions, and strengthening opportunities for business cooperation and market expansion. Dalal Jassim Al Balushi, Senior Director of Strategy and Policy at the Mohammed Bin Rashid Establishment for

Saudi Arabia

Saudi Arabia closes October sukuk issuance with $1.8bn allocated

Miguel Hadchity 22/10/2026

Dubai, UAE – Oct. 2026 – Saudi Arabia’s National Debt Management Center closed its October 2026 riyal sukuk issuance with SAR6.74 billion ($1.79 billion) allocated across four tranches maturing between 2031 and 2039. The allocation is more than four times the SAR1.64 billion allocated in September, when the center issued across six tranches under the […]

News Tech

Revolut users vent as Google Cloud outage locked them out of their money

Miguel Hadchity 21/10/2026

Dubai, UAE – Oct. 2026 – Google’s UK cloud services are back up after an hours-long outage disrupted several financial firms and public-sector websites. Customers of digital banks, Revolut in particular, found themselves unable to use their cards in the middle of the day. Alphabet’s Google said on Tuesday that its cloud services in the […]

Events Saudi Arabia

FII Institute postpones 10th Future Investment Initiative conference to 2027

Miguel Hadchity 19/10/2026

Dubai, UAE — Oct. 2026 — The FII Institute has postponed the tenth edition of its flagship Future Investment Initiative conference, FII10, to 2027. The event, themed “The Power of Legacy,” was scheduled for October 26-29, 2026, in Riyadh. The announcement came in a message from the institute’s CEO, Maha Bint Mishari Al Saud. She said […]

Events UAE

Abu Dhabi to host 2029 IMF and World Bank Annual Meetings as UAE signs hosting agreement in Bangkok

Miguel Hadchity 19/10/2026

Dubai, UAE –– Oct. 2026 ––The United Arab Emirates formally signed an agreement to host the 2029 Annual Meetings of the International Monetary Fund and the World Bank Group in Abu Dhabi, with the heads of both institutions praising the country’s infrastructure and readiness. The signing ceremony took place at the exhibition centre in Bangkok, […]

News UAE

AI agents now involved in 9% of Majid Al Futtaim transactions

Miguel Hadchity 16/10/2026

Dubai, UAE — Oct. 2026 — AI agents now play a role in about 9 percent of Majid Al Futtaim Holding’s customer transactions, up from virtually zero a few months ago, CEO Ahmed Galal Ismail said on Wednesday. The agents recommend products, influence choices or direct purchases, Ismail told “The Consumer of 2035” session at […]

News UAE

Cashless payments reach 99.3% of transactions in H1: Dubai Customs

Miguel Hadchity 15/10/2026

Dubai, UAE — Oct. 2026 — Cashless payments made up 99.3 percent of Dubai Customs’ payment transactions in the first half of 2026, the authority said, compared with 99.4 percent in 2025 and 99.2 percent in 2024. The figures support the Dubai Cashless strategy, which aims to integrate customs services with digital payments to simplify […]

News UAE

UAE Cabinet approves AED292.5bn budget plan: Social spending takes biggest share of 2027 allocations

Miguel Hadchity 14/10/2026

Dubai, UAE — Oct. 2026 — The UAE Cabinet has approved a AED292.5 billion federal budget plan for 2027 to 2029, including AED90.1 billion for fiscal year 2027. The Cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum, UAE vice president, prime minister and ruler of Dubai, approved both plans in line with the federal […]

News

IMF nudges up 2026 global growth forecast as economy shows resilience to energy shock

Miguel Hadchity 13/10/2026

Dubai, UAE – Oct. 2026 – The International Monetary Fund raised its forecast for global economic growth in 2026 by 0.1 percentage point to 3.1 percent, saying the world economy has held up against higher energy costs and other shocks. In its latest World Economic Outlook, the Fund left its 2027 growth forecast unchanged at […]

News UAE

UAE, Singapore discuss deepening trade and investment ties

Miguel Hadchity 12/10/2026

Dubai, UAE – Oct. 2026 – UAE Minister of Foreign Trade Thani bin Ahmed Al-Zeyoudi met senior Singaporean ministers in Singapore to discuss expanding trade and investment cooperation between the two countries. According to the Emirates News Agency, he held talks with Deputy Prime Minister and Minister for Energy, Trade and Industry Gan Kim Yong, […]

Africa News

African Union launches continent’s first credit rating agency

Miguel Hadchity 09/10/2026

Dubai, UAE – Oct. 2026 – The African Union launched on Oct. 7 the continent’s first credit rating agency, seeking to offer an alternative to the “Big Three” global rating agencies as debt burdens weigh heavily on many African economies. The African Credit Rating Agency was inaugurated in Port Louis, the capital of Mauritius, where […]