Monday, October 19, 2026

Gulf

Riyadh Energy Congress Exposes the Rising Cost of Securing Global Oil

Global energy leaders meeting in Saudi Arabia have warned that securing oil supplies increasingly depends not only on production...

Oman Turns Hormuz Bypass Into Growth Premium as S&P Lifts 2026 Forecast to 3.5%

MUSCAT — S&P Global Ratings more than doubled Oman’s 2026 economic growth forecast to 3.5% from 1.6%, as higher...

CSCEC Deepens Saudi Position as Vision 2030 Moves Into Heavy Construction

China State Construction Engineering Corporation is becoming increasingly embedded in Saudi Arabia’s Vision 2030 delivery pipeline, with the Chinese...

‘Red Flag’ Holds Saudi Top Four as Gross Reaches SAR 6.6m

Egyptian comedy Red Flag, starring Ahmed Hatem and Gamilah Awad, has generated an estimated SAR 6.6 million ($1.76 million)...

AI, Bad Intelligence and the Strike That Killed 123 Children

Outdated intelligence, accelerated AI-assisted targeting and weakened civilian-harm safeguards contributed to a U.S. missile strike that killed at least...

Microsoft Commits $2bn to Extend Gulf Data-Centre Push Beyond UAE

Microsoft plans to invest more than $10bn across Saudi Arabia, the UAE, Qatar and Kuwait through 2030, expanding its...

PhonePe Enters UAE Payments Race With Central Bank Approval

India’s PhonePe has secured in-principle approval from the Central Bank of the UAE for two payment licences, opening the...

NBE Moves to Take Over Banque Misr’s $6bn UAE Banking Platform

The National Bank of Egypt is moving to acquire Banque Misr’s five UAE branches, consolidating an approximately $6 billion...

Eagle Hills Plans $12bn Ras Malé Development as Maldives Broadens Tourism Model

Abu Dhabi-based Eagle Hills has agreed commercial terms with the Maldives government for a $12bn integrated waterfront development at...

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