Strait of Hormuz Featured Hormuz, Round Two — Oil Reclaims the Century Mark... A ceasefire lull is over: Brent tops $100 for the first time since May as Iran, the US, and now the Houthis, escalate in parallel.
Strait of Hormuz Featured Ceasefire on Hold, Markets on Hope... Markets rally on ceasefire hope — but the Pentagon keeps the strike option warm.
Abu Dhabi Featured OPEC Exit — Abu Dhabi Breaks Free... The UAE dropped its bombshell on Tuesday: effective May 1, Abu Dhabi exits both OPEC and OPEC+, ending a membership that dates back to 1967 — four years before the federation itself was formed.
Abu Dhabi Featured DIFC Reported almost 40% Surge in New Company Registrations... DIFC reported a nearly 40% surge in new company registrations to 1,525 in 2025, driven by firms including hedge funds, a sign of strong global appetite for the DIFC’s financial ecosystem.
Abu Dhabi Business Featured UAE Announces 1 Billion AI Development Initiative for Africa... UAE announced a USD 1bn “AI for development initiative” dedicated to expanding AI adoption and infrastructure development across Africa.
Dubai Business Featured UAE Family Businesses are a Cornerstone of the Economy... Family businesses in the UAE are a cornerstone of the economy, contributing 60% of GDP and employing 80% of the private sector workforce, according to the Ministry of Economy and Tourism.
Dubizzle Featured Dubizzle Postpones IPO Plans… Dubizzle Group Holdings, the leading digital classifieds marketplace in the MENA region, has announced it will postpone IPO plans to assess “optimal timing”. The listing was planned for November 6 on the Dubai Financial Market.
UAE Business Featured Dubai Tops Global FDI Rankings with $11bn Inflows… Dubai has underlined its global leadership in foreign direct investment (FDI), ranking number one worldwide for Greenfield projects for the eighth consecutive reporting period since H2 2021, according to data from the Financial Times Ltd’s FDI Markets database.
Dubai Featured Dubai Economy Grows 4% to $32.6bn in Q1 2025 as Health, Property and Finance Surge… Dubai’s economy expanded to AED119.7bn ($32.6bn) in the first quarter of 2025, up 4% compared to the same period in 2024, underscoring the emirate’s economic resilience and sectoral diversity.
UAE Tax Featured UAE Announces Tax Change on Sugar-Sweetened Beverages … UAE MoF and FTA announced a change to excise tax on sugar-sweetened beverages – from the current flat rate, it will be revised to a higher tax per litre if the sugar content per 100 ml is higher.
Oil Prices Featured UAE and Saudi Arabia Estimated to attract 9,800 Millionaires… (highest net inflow globally) and 2,400 (fastest growth globally, up from 300 in 2024) respectively this year, according to the Henley Private Wealth Migration Report 2025.
Geopolitics Featured Rising Geopolitical Risks add to the Trade Tariff Turmoil... Increased geopolitical risks led regional Middle Eastern equity markets down.
Abu Dhabi Featured OpenAI in talks for free ChatGPT Plus for all UAE Residents! Negotiations are underway between the UAE and OpenAI that may make the company’s ChatGPT Plus artificial intelligence chatbot available to all residents free of charge, though a final deal has not been reached.
Disneyland Featured New Disney Theme Park announced in Abu Dhabi... Announcement of the Disney Theme Park Resort project on Yas Island, Abu Dhabi, following a strategic partnership agreement between The Walt Disney Company and Miral.
Dubai Chocolate Featured Viral Dubai Chocolate Drives UAE Market Growth Despite Record Cocoa Price Surge... The popularity of the viral Dubai chocolate has led to purchase limits at high-end grocery chains abroad and queues at UAE retailers.
USA Featured How Trump’s ‘Reciprocal’ Tariffs work and what they mean for Global Trade... Trump argues that decades of “unfair” trade practices have hollowed out America.
Abu Dhabi Featured Talabat Acquires InstaShop... Talabat has completed the acquisition of 100% of InstaShop's share capital from Delivery Hero SE.
entrepreneurs Featured Global Entrepreneurs Bet Big on Dubai… Dubai took the top spot with the startup ecosystem valued at over $23 billion at the end of 2023.
Abu Dhabi Featured Gold Prices Surge to All-Time High… Gold prices surging to an all-time high of $2,708 last week, as expectations of further rate cuts by the US Federal Reserve and uncertainties over the impending US election, boosted demand for bullion.
business Featured Major Global Tech Outage Leads to Disruptions Across Multiple Sectors from Airlines to Banks… Major equities markets ended in the red last week, following a global tech outage that led to disruptions across multiple sectors from airlines to banks, raising questions about cybersecurity and interconnected / integrated ecosystems.
DIFC 13 Reasons to Set Up a Business in the UAE… The UAE has become a top global destination for businesses focusing on innovation, artificial intelligence, and entrepreneurship.
Dubai Featured UAE ‘Silver Visa’: 5-year Trade Licence and Visa Package… Dubbed a “silver visa” the start-up offer is available at a fraction of the price of golden visas, which can require significant financial investments.
