Dubai Branded Residences Market Slows in Volume as Luxury Property Prices Stay Strong

Investment
Dubai branded residences continued expanding during the first half of 2026 despite slower transaction activity. Developers added thousands of new units across the emirate during the period. At the same time, luxury buyers continued paying significant premiums for branded properties. Dubai branded residences now represent a larger and more competitive part of the property market. The sector added 5,184 units...
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Saudi Construction Push Faces Costly Delays as Hormuz Disruption Reshapes Supply Chains

Saudi construction projects face higher costs as shipping disruptions force companies to use longer land routes. Contractors now rely more heavily on trucks for...

Dubai Branded Residences Market Slows in Volume as Luxury Property Prices Stay Strong

Dubai branded residences continued expanding during the first half of 2026 despite slower transaction activity. Developers added thousands of new units across the emirate...

Jakarta Flights Cancelled as Volcanic Ash From Mount Anak Krakatau Creates Widespread Travel Disruption

Jakarta flights face widespread disruption after volcanic ash from Mount Anak Krakatau affected airport operations. Several major airlines cancelled services to Jakarta on Monday....
Iraq

OPEC+ Keeps October Oil Output Unchanged as Members Prepare for 2027 Quota Talks

OPEC+ kept its oil output policy unchanged for October during a meeting on Sunday. OPEC+ now faces important decisions about future production levels and market conditions. The producer alliance must also establish new output baselines before making larger changes. Meanwhile, disruptions to regional oil exports continue affecting the global energy market. Seven key OPEC+ members attended the latest meeting. They...

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Bahrain Strengthens UAE Ties at Mohammed bin Zayed Nature Reserve

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Bahrain-UAE cooperation received a major boost as Dr. Mohammed bin Mubarak Bin Daina, Minister of Oil and Environment, met Fahad Mohammed Salem Kardous Al Ameri, UAE Ambassador to Bahrain. The meeting took place on January 21, 2026,...
Iraq

Iraq Defends Khor Abdullah Waterway Agreement in New Appeals

Iraq continues to defend the Khor Abdullah waterway agreement through firm legal actions led by its top leaders. Both President Abdullatif Rashid and Prime...
Oil and Gas

UAE Port Sees Drop in Refuelling as Tensions Rise

Fujairah, one of the UAE’s most critical maritime hubs, has seen a noticeable slowdown in refuelling activity this year. Bunker fuel sales at the...
Investment

Manateq Forum boosts Qatar’s industrial sector

Manateq launched the first edition of the Manateq Forum in Doha with strong support from investors and key leaders. The event took place at...
Financial

Kuwait’s NBK Mobile Banking App Enhances Customer Experience

NBK has launched a fresh set of upgrades to its NBK Mobile Banking App. These improvements aim to strengthen the overall NBK Mobile Banking...
Iraq

OPEC+ Producers to Gradually Increase Output for Market Stability

Eight key OPEC+ countries Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman have agreed to gradually increase oil production starting in...
Oil and Gas

Greece-Owned Oil Tanker Freed After Two-Year Captivity Near Oman

The Greece-owned oil tanker St Nikolas was reportedly released near Oman’s coast after two years in Iranian custody, raising attention amid rising US-Iran tensions....
Investment

Dubai off-plan Real Estate Sales Hit $24.5bn as Investors Chase Profits

Dubai off-plan real estate continues to surge as investors rush to secure new property deals. This year alone, off-plan sales have already reached $24.5...
Investment

Qatar, Kazakhstan Trade Talks Strengthen Economic Cooperation

The Qatar-Kazakhstan discussions reached a new milestone during the seventh session of the Joint Higher Committee. The high-level meetings took place in Astana, bringing...
Financial

Qatar Airways Expands Summer Network with More Than 160 Global Destinations and Stronger International Connections

isra isra -
Qatar Airways is expanding its international network as Global Connectivity becomes a major focus for the airline. The carrier is increasing its summer schedule and reconnecting passengers with destinations worldwide. The airline plans to serve more than 160 destinations during...

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