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© JK Cement UAE Officially Launches JK Profix Construction Chemicals Division

JK Cement UAE Officially Launches JK Profix Construction Chemicals Division

JK Cement UAE has officially launched its JK Profix Construction Chemicals division, marking a major step in the company’s expansion beyond traditional cement and building materials in the UAE...

© OPEC+ Keeps October Oil Output Quota Unchanged From September

OPEC+ Keeps October Oil Output Quota Unchanged From September

OPEC+ has decided to keep its October 2026 oil production levels unchanged from September, pausing further increases after six consecutive months of output hikes....

© ROX Begins ADAMAS Vehicle Production in Abu Dhabi, Boosting UAE’s Automotive Ambitions

ROX Begins ADAMAS Vehicle Production in Abu Dhabi, Boosting UAE’s Automotive Ambitions

Abu Dhabi has taken another step toward strengthening its position as a regional automotive manufacturing hub after Chinese automaker ROX began local production of its ADAMAS vehicles....

© Gateway 2040 Brings US Residency-Linked Investment Opportunity to Dubai

Gateway 2040 Brings US Residency-Linked Investment Opportunity to Dubai

A new U.S. infrastructure investment opportunity is being presented to investors in Dubai, combining a proposed Orlando development with a potential pathway to permanent U.S. residency through the EB-...

© Kuwait Tightens Anti-Money Laundering Rules for Gold and Real Estate

Kuwait Tightens Anti-Money Laundering Rules for Gold and Real Estate

Kuwait has introduced tougher anti-money laundering and counter-terrorist financing requirements for businesses operating in the gold, precious metals and real estate sectors....

© U.S. Defends Trump’s Venezuela Oil Deal as Energy Secretary Lands in Caracas

U.S. Defends Trump’s Venezuela Oil Deal as Energy Secretary Lands in Caracas

The Trump administration is defending its controversial new oil agreement with Venezuela as U.S. Energy Secretary Chris Wright arrives in Caracas to advance the deal, which Washington says could lower...

© Oil Shock Is Turning Filipinos Electric as EV Sales Surge

Oil Shock Is Turning Filipinos Electric as EV Sales Surge

Rising fuel prices are changing the way Filipinos think about buying cars. While the country's overall automobile market is slowing, electric and electrified vehicles are moving in the opposite direct...

© Oil Surges Back Above $90 as U.S.-Iran Tensions Reignite

Oil Surges Back Above $90 as U.S.-Iran Tensions Reignite

Oil prices have climbed sharply again as renewed fighting between the United States and Iran raises fresh concerns about the safety of shipments through the Strait of Hormuz....

© Hyundai Accelerates U.S. Expansion After Years of Strong Market Growth

Hyundai Accelerates U.S. Expansion After Years of Strong Market Growth

Hyundai Motor Group is strengthening its position in the United States after years of rapid growth, with the South Korean automotive giant planning greater local production, a broader vehicle portfoli...

© Dubai International Passenger Traffic Falls 31% in H1 as Recovery Gains Momentum

Dubai International Passenger Traffic Falls 31% in H1 as Recovery Gains Momentum

Dubai International Airport recorded 31.5 million passengers in the first half of 2026, down 31.3% from a year earlier, as regional airspace disruption weighed heavily on flight schedules before traff...

© Türkiye’s Exports to OIC Countries Reach $41.5 Billion in First Seven Months of 2026

Türkiye’s Exports to OIC Countries Reach $41.5 Billion in First Seven Months of 2026

Türkiye’s exports to members of the Organisation of Islamic Cooperation (OIC) reached $41.5 billion in the first seven months of 2026, as the country continued efforts to strengthen commercial ties wi...

© Egypt, UAE Explore Wider Oil and Gas Drilling Partnership

Egypt, UAE Explore Wider Oil and Gas Drilling Partnership

Egypt and the United Arab Emirates are exploring deeper cooperation in oil and gas drilling as Cairo moves ahead with plans to increase domestic production through a broader programme of onshore and o...

© Former JPMorgan Executive Matt Zames Joins Social Security Agency as Advisor

Former JPMorgan Executive Matt Zames Joins Social Security Agency as Advisor

Former JPMorgan Chase executive Matt Zames is set to join the U.S. Social Security Administration in an unpaid advisory role, according to people familiar with the appointment....

© U.S. Treasury Bond Buybacks Offer Short-Term Relief as Debt Concerns Grow

U.S. Treasury Bond Buybacks Offer Short-Term Relief as Debt Concerns Grow

The U.S. Treasury’s decision to expand purchases of longer-term government bonds may ease pressure in the bond market temporarily, but analysts warn it does little to solve America’s broader debt prob...

© Jaywan Payment Network Expands Across UAE Airlines, Retail and E-Commerce

Jaywan Payment Network Expands Across UAE Airlines, Retail and E-Commerce

The UAE’s domestic payment network, Jaywan, is gaining wider acceptance as airlines, shopping destinations and online retailers begin integrating the card into their payment systems....

© UniCredit Moves Closer to Commerzbank Control as German Resistance Softens

UniCredit Moves Closer to Commerzbank Control as German Resistance Softens

Italian banking group UniCredit is moving closer to gaining control of Germany’s Commerzbank, as signs emerge that Berlin may be becoming more open to discussing the future of its remaining stake in t...

© Trump Orders Tariffs of Up to 100% on Imported Drones

Trump Orders Tariffs of Up to 100% on Imported Drones

US President Donald Trump has ordered sweeping new tariffs on imported drones and key components, with duties reaching as high as 100% for certain advanced systems as his administration seeks to reduc...

© ADNOC’s XRG Enters Venezuela With Stake in Loran Gas Project

ADNOC’s XRG Enters Venezuela With Stake in Loran Gas Project

ADNOC-backed investment company XRG has entered Venezuela’s energy sector after securing an interest in the offshore Loran gas licence, expanding its growing international natural gas portfolio into a...

© UAE Flight Update: India Travel Advisory and Regional Cancellations

UAE Flight Update: India Travel Advisory and Regional Cancellations

Most flights across the UAE are operating normally on August 13, although selected services to Bahrain and Kuwait have faced cancellations, delays or schedule changes....

© UAE Steps Up Tax Enforcement, Seizes 8.45 Million Non-Compliant Excise Products

UAE Steps Up Tax Enforcement, Seizes 8.45 Million Non-Compliant Excise Products

The UAE’s Federal Tax Authority (FTA) confiscated around 8.45 million non-compliant excise products during the first six months of 2026 as part of a nationwide campaign targeting tax violations, illic...

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