Middle East

Abu Dhabi’s G42 expands into Europe and U.K. with new hub for tailored AI solutions

The new entity will partner with governments to enhance AI infrastructure across Europe and the U.K.

UAE airlines suspend flights to several Middle East destinations amid rising tensions

Emirates announced the cancellation of several flights to and from Iraq, Jordan, Lebanon and Iran from June 13-15

Oil prices surge over 8 percent as Middle East tensions escalate

The latest developments in the region require the oil market to price in a larger risk premium for any potential supply disruptions

Dubai gold prices rise AED3.75, global rates hit near 2-month high on Middle East tensions

Further upside in gold prices is expected if tensions escalate further

GCC banks with Turkish subsidiaries set to benefit from enhanced macro conditions: Fitch

Banks report averagely decreased losses as Turkish inflation rates drop significantly in 2025

Dubai gold prices surge AED3.75 as global rates climb on rising Mideast tensions, weaker dollar

Trump announced on Wednesday that U.S. personnel were being moved out of the Middle East due to heightened security risks

Global gender gap closes to 68.8 percent yet full parity remains 123 years away, says WEF

Iceland led the rankings for the 16th year running, followed by Finland, Norway, the United Kingdom and New Zealand

GCC economic growth to strengthen to 3.2 percent in 2025, 4.5 percent in 2026: World Bank

The UAE's growth is projected at 4.6 percent in 2025, and 4.9 percent in 2026 and 2027

UAE advances digital transformation with 344 percent surge in GenAI enrollments, leading AI maturity ranking

87 percent of UAE employers prioritize AI and tech literacy; 41 percent growth in professional certificates

Saudi Arabia’s LEAP tech event expands to Asia with LEAP East 2026 in Hong Kong

The collaboration is expected to deliver a substantial boost to business tourism and generate strong economic impact

stc group deploys AI-powered network to ensure seamless connectivity for Hajj pilgrims

The system positions Saudi as a global leader in digital readiness for large-scale events

Armenia Stock Exchange joins ADX’s Tabadul platform to enable cross-border trading

The platform enables seamless trading and settlement in local currencies