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Emirates SkyCargo has launched a dedicated air freight service for artificial intelligence infrastructure after transporting more than 700 tonnes of AI-related equipment across its global network in July 2026. The new service, named AI Tech, is designed to meet growing demand for the transportation of high-value and sensitive technology equipment used in data centres and AI computing systems.
Condominium rental prices in Metro Manila could decline to as low as ₱5,000 ($78) per month for some studio units over the next 12 months, according to David Leechiu, chief executive and co-founder of Leechiu Property Consultants. The forecast highlights growing pressure in the Philippines' residential property market as excess housing supply increases competition among landlords.
The Philippines is pursuing a strategic partnership with the United Arab Emirates (UAE) to establish a major oil storage facility by 2027, aiming to strengthen national energy security and reduce its exposure to global fuel price fluctuations.
The cryptocurrency industry is facing renewed security concerns after Binance, the world's largest cryptocurrency exchange, suffered a cyberattack involving approximately $6.3 billion in digital assets. The incident, reported on October 29–30, 2026, is being described as the largest known cryptocurrency theft to date.
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, UAE Deputy Prime Minister and Minister of Finance, met with Bill Winters, Group Chief Executive of Standard Chartered, on October 29, 2026, to discuss developments shaping the future of global banking and opportunities for greater international financial cooperation.
Sharjah International Airport is planning to combine its home check-in service with its premium Al Diyafah hospitality offering, aiming to provide passengers with a smoother travel experience from their homes to their aircraft.
Abu Dhabi-based renewable energy company Masdar has raised $600 million through its first blue bond, marking a significant expansion of its sustainable financing programme. The five-year bond, announced on October 27, 2026, carries AA- ratings from S&P Global Ratings and Fitch Ratings, making it the highest-rated publicly issued corporate blue bond globally to date, according to the company.
HSBC’s UAE Wealth Investment Summit 2026 concluded in Dubai on October 22, bringing together senior banking executives, investment specialists, business leaders and wealthy clients to discuss global market trends, wealth management and emerging investment opportunities. The event highlighted the UAE’s growing importance as an international financial hub and its role in connecting capital between the Middle East, Asia and Western markets.
More than 7,800 scheduled departures from Saudi Arabia were cancelled or recorded as not operating between October 8 and October 25, 2026, as security concerns and airport closures disrupted air travel across the kingdom. According to aviation analytics firm Cirium, 7,802 of 17,299 scheduled departures were affected, representing 45.1% of all departures during the period.
Tanishq, the fine jewellery brand of Titan Company, has opened Tanishq Privé, an exclusive high jewellery exhibition in Dubai featuring more than 800 creations that highlight Indian craftsmanship and intricate design. The invitation-only event runs from October 23 to 25, 2026, at JW Marriott Marquis in Business Bay.
HSBC’s UAE Wealth Investment Summit 2026 concluded in Dubai on October 22, bringing together selected clients, senior business leaders and members of the investment community to discuss wealth management, financial markets and long-term investment opportunities. The summit formed part of HSBC’s wider programme of financial-sector engagement in the UAE, as the bank marks 80 years of operations in the country. Discussions took place amid changing global market conditions and the Middle East’s growing role as an international investment hub.
Petrol prices in the United Arab Emirates could rise further in November as international oil prices climb above $110 per barrel amid renewed concerns over Middle East supply disruptions. With October fuel rates already above Dh4 per litre for all three petrol grades, motorists are waiting for the UAE Fuel Price Committee’s next announcement, expected at the end of October. The final rates will depend on global oil-market conditions and pricing trends during the remainder of the month.
Trust Training and Development Institute (Trust Institute), a Dubai-based financial education provider, has partnered with global fintech company and cryptocurrency trading platform OKX to expand access to free financial-market education across the United Arab Emirates. Announced on October 21, 2026, the initiative aims to help beginners and aspiring traders understand financial markets, trading concepts and risk management without requiring them to invest money or carry out trades.
Dubai Investments is preparing to offer a 20% stake in DIP Holding through an initial public offering (IPO), giving UAE residents an opportunity to invest in the company behind Dubai Investments Park. Retail investors can apply with a minimum investment of Dh5,000, while subscriptions are scheduled to open on October 27, 2026. The shares are expected to begin trading on the Dubai Financial Market (DFM) on November 11.
The United Arab Emirates faced security threats from alleged sleeper cells during Iranian missile and drone attacks earlier in 2026, according to senior Emirati official Ali Rashid Al Nuaimi. He said hundreds of suspected members were arrested over allegations that they helped guide attacks against the country, highlighting the security challenges the UAE faced alongside aerial threats.
The Kuwait Fund for Arab Economic Development has inaugurated a solar power plant in Türkiye to support humanitarian efforts linked to the Syrian refugee crisis. The project aims to improve access to reliable electricity for communities affected by displacement, helping strengthen essential services and support people facing difficult living conditions.
Tristar Group has signed an agreement that will allow Aegis Logistics to become its majority shareholder, marking a significant development in the companies' business relationship. The proposed transaction is expected to strengthen their position in the logistics and energy supply chain sectors, with potential implications for regional operations and future expansion.
Fitbit has introduced the Fitbit Edge, a wearable device featuring a replaceable battery, up to seven days of battery life, and electrocardiogram (ECG) functionality at a price of $180. The device focuses on practical health tracking and longer-term usability, offering an alternative for consumers who want smartwatch features without frequent charging or the need to replace the entire device when its battery wears out.
The United Arab Emirates has announced a recall of 1,983 Toyota Highlander vehicles after identifying a potential defect in the second-row seat mechanisms. The issue could prevent seatbacks from locking securely, increasing the risk of passenger injuries in the event of a collision. The recall was announced by Al-Futtaim Motors in coordination with the UAE's consumer protection authorities.
The United Arab Emirates has started implementing new rules that set limits on sodium, sugar and fat in selected packaged foods, including bread, laban, flavoured yoghurt, chips and processed cheese. The regulations aim to improve the nutritional quality of everyday products and support healthier food choices, while giving manufacturers time to adjust recipes and production processes.
