Newsletter: Business & Tech Democrats’ win: What’s at stake for Gulf business The immediate concern for the region is whether Washington and Israel will resume strikes on Iran, potentially triggering further Iranian attacks on Gulf states. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Newsletter: FutureVerse US elections spotlight Gulf tech risks A sweeping victory by Democrats could put the White House’s recent Gulf dealings under greater scrutiny. By Samuel Wendel In Washington, DC, reporting on regional business and tech
UAE taps French firm for first-ever natural hydrogen exploration: What to know Under the UAE National Hydrogen Strategy 2050, the Gulf country aims to establish itself as a global producer and supplier of low-emission hydrogen by 2031 while supporting its net-zero emissions target by 2050. United Arab Emirates
OpenAI's Altman signs UAE energy, government deals amid Gulf funding push The deals deepen the company’s ties to the UAE as the ChatGPT creator pursues a massive new funding round with help from Middle East investors. United Arab Emirates
Newsletter: City Pulse Dubai Dubai steps back onto the runway By Rebecca Anne Proctor In Dubai, reporting on culture
UAE port operator DP World's profits fall 60% amid Yemen's Houthi Red Sea attacks The Dubai-based logistics firm reported $265 million in profit for the first half of 2024 ending June 30, down from $651 million the same time last year. United Arab Emirates
Netflix in crosshairs as Middle East streaming competition mounts Samuel Wendel In Washington, DC, reporting on regional business and tech
Interview Nomo Bank sees increasing appetite for Islamic investments, ETFs Paul Szumilewicz, chief revenue officer at UK-based Nomo Bank, said there is a growing demand from the bank’s clients to invest in exchange-traded funds (ETFs) — a pre-defined group of bonds, stocks or commodities poured into a fund and listed on the stock exchange. Paul Szumilewicz Nomo Bank Chief Revenue Officer
Analysis How Morocco-UAE economic agreement could usher in new era of bilateral trade With its CEPA program, Abu Dhabi is not only expanding its network of trade and investment partners; it is getting closer to achieving its strategic goal of increasing its non-oil foreign trade. By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Who is Faisal Taghi, alleged drug kingpin extradited from UAE to Netherlands? The UAE and the Netherlands have an extradition treaty, though another alleged drug trafficker sought by the European country was recently released from Emirati custody. United Arab Emirates
Gulf investment in UK real estate to hit $4B annually, says BLME Research predicts that demographic trends and supply shortages will make the UK's real estate sector a more popular option for investors in the future. Saudi Arabia
GCC’s renewable energy push pays off with Qatar, UAE taking lead Several Gulf states rank relatively high on the World Economic Forum (WEF) Energy Transition Index, reflecting their efforts to transition toward renewable energy and reduce their dependence on fossil fuels. Saudi Arabia
UAE, China, Russia, Turkey violating Sudan arms embargo: Amnesty Amnesty International reports foreign countries sending weapons and ammunition to the warring sides in Sudan, where civil war has raged for more than a year. Sudan
UAE's Flydubai says Boeing delays hurt airline’s expansion plans The Virginia-based plane-maker has been beset by plane delivery delays since its best-selling narrow-body aircraft, the 737 MAX, was flagged for safety concerns and experienced technical problems and additional quality control processes. United Arab Emirates
Trump adds to Gulf portfolio with Dubai tower deal The Trump Organization and Dar Global have unveiled a new development, adding to others in Oman and Saudi Arabia this year. United Arab Emirates
Tech investment slump reaching critical stage for cash strapped Middle East startups Samuel Wendel In Washington, DC, reporting on regional business and tech