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UAE Expected to Recover Fastest Among Gulf Economies

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Diversified infrastructure supports economic resilience A new economic assessment suggests the UAE and Saudi Arabia are positioned to recover faster than other regional economies due to diversified export routes, advanced infrastructure, and flexible logistics networks. Analysts highlight the UAE’s ports, airports, and alternative energy export routes as major strengths supporting long-term economic growth and investment […]

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Saudi Aramco Considers Expanding Global Oil Storage Network

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Energy giant strengthens supply-chain resilience Saudi Aramco is evaluating plans to expand its global oil storage capacity following disruptions experienced during recent regional conflicts. Company Chairman Yasir Al-Rumayyan stated that expanding strategic storage facilities in key international markets could improve supply security and ensure stable energy exports. The initiative reflects Aramco’s long-term focus on global

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Saudi Tourism Reports Temporary Slowdown Amid Regional Conflict

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Religious tourism continues supporting sector growth Saudi Arabia’s Tourism Minister Ahmed Al-Khateeb revealed that tourism activity declined by approximately 5–6% during the first five months of 2026 due to regional geopolitical tensions. Despite the slowdown, religious tourism remains strong, with millions of pilgrims continuing to visit Makkah and Madinah for Umrah and Hajj. Officials remain

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Saudi Arabia Moves to Revive NEOM’s Sindalah Island Project

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Red Sea Global takes control of troubled luxury destination Saudi Arabia’s state-backed developer Red Sea Global is set to take over operations of Sindalah Island, one of NEOM’s flagship luxury tourism projects. The move aims to revive the high-profile destination after construction and operational challenges delayed its full launch. Officials say the project remains important

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GCC Logistics Sector Benefits from Improving Regional Trade Conditions

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Shipping, aviation and supply chains gain momentum Logistics companies across the GCC are reporting improved business activity as regional trade routes stabilize and commercial confidence strengthens. Experts expect continued growth in shipping, aviation, warehousing, and supply-chain services during the second half of 2026. The UAE and Saudi Arabia remain key logistics hubs connecting Asia, Europe,

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Saudi Arabia and India Expand Economic Cooperation Through New Trade Initiatives

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Bilateral business partnerships continue growing Saudi Arabia and India have announced new measures aimed at increasing trade, logistics cooperation, and industrial investment. Business councils from both countries are working to identify opportunities in manufacturing, energy, technology, and infrastructure sectors. The strengthening relationship is expected to support economic growth and increase investment flows between the two

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Dubai Real Estate Sector Records Strong Demand from International Investors

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Dubai Luxury and commercial properties drive growth Dubai’s property market continues attracting buyers from Europe, Asia, and the Middle East. Luxury residential projects and commercial office developments have seen increased demand during the second quarter of 2026. Property consultants report that investor confidence remains high due to Dubai’s stable business environment, favorable tax policies, and

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Saudi Arabia’s NEOM Advances New Infrastructure Contracts

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Saudi Mega-project continues attracting global investment Saudi Arabia’s NEOM development has awarded additional infrastructure contracts covering transportation networks, smart-city technologies, and renewable energy facilities. Industry experts believe continued project expansion will create thousands of jobs while supporting Vision 2030 goals. NEOM remains one of the world’s largest urban development projects and a key driver of

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UAE Announces New AI Investment Program to Accelerate Digital Economy

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UAE Government expands artificial intelligence initiatives The UAE has unveiled a new national AI investment initiative aimed at attracting global technology companies, startups, and venture capital firms. The program focuses on artificial intelligence infrastructure, cloud computing, data centers, and advanced digital services. Officials stated that the initiative aligns with the UAE’s long-term strategy of becoming

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Gulf Trade and Logistics Sector Expected to Accelerate in H2 2026

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Improved regional stability boosts confidence Economic analysts expect stronger growth across Gulf logistics, shipping, aviation, and trade sectors during the second half of 2026. The expected normalization of trade routes and improved geopolitical conditions are helping businesses plan new investments and expansion projects. The GCC’s strategic position between Asia, Europe, and Africa continues to support

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