UAE wealth fund ADIA scoops into $18B Haagen-Dazs owner Froneri The UAE sovereign wealth fund has become a co-investor in Froneri in a deal valuing the global ice cream firm at about $18 billion. United Arab Emirates
UAE deepens Asia ties as Malaysia, Australia trade deals kick in Asia accounts for around 60% of the world’s gross domestic product and pursuing trade deals there helps the UAE hedge against dependence on both the US and China. United Arab Emirates
Trump family further expands Gulf business with $1B Jeddah plaza project It will be the second Trump-branded development in the kingdom after the launch of Trump Tower Jeddah last December. Saudi Arabia
Analysis Gulf investors emerge as key players in US social media giants TikTok, Snap, X With UAE tech investor MGX set to take a stake in TikTok's US operations, investors from the Middle East could cement their role in America's social media landscape. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis After $20B deals unravel, will Gulf oil majors scale back abroad? By Samuel Wendel In Washington, DC, reporting on regional business and tech
Newsletter: City Pulse Dubai From London to Dubai: Taymour Grahne By Rebecca Anne Proctor In Dubai, reporting on culture
Analysis As states recognize Palestine, Netanyahu seeks Trump nod on annexation By Ben Caspit In Tel Aviv, reporting on national security, Israeli politics, defense
Newsletter: FutureVerse UAE partners with Nvidia on AI push Nvidia is expanding in the Middle East with a new AI and robotics lab in Abu Dhabi, as Gulf states look to the US chipmaker to drive their tech ambitions amid US-China tensions. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis As Carrefour retreats in Mideast, can new Gulf superstore brand advance? Amid rising competition and consumer boycotts of Western companies, UAE-based Majid Al Futtaim has begun pulling French retailer Carrefour from Middle East markets and rebranding outlets under a new name: HyperMax. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Nvidia, UAE's TII launch Mideast's first joint AI, robotics lab in Abu Dhabi Abu Dhabi’s Technology Innovation Institute said the new lab would be a “first-of-its-kind hub in the region for developing next-generation AI models, robotics platforms and humanoid technologies that will accelerate innovation across industries.” United Arab Emirates
Middle East debt issuance near $200B record amid September borrowing surge A borrowing boom driven by Saudi Arabia and Turkey arrives amid a broader wave of issuances in 2025, underlining the Middle East’s status as one of the busiest and most resilient players in international debt markets. Saudi Arabia
Trump’s tariffs push India closer to UAE as non-oil trade soars 34% UAE Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi says that the two countries are on track to reach $100 billion in non-oil trade by the end of the decade. United Arab Emirates
Newsletter: City Pulse Dubai Two decades of The Third Line: A Dubai art story Also this week: Orfali Bros bistro, Aichi Triennale, and Mona Al Khaja’s colors. By Rebecca Anne Proctor In Dubai, reporting on culture
UAE’s MBZ meets Azerbaijan's Aliyev as Abu Dhabi expands South Caucasus footprint In July, Azerbaijan and the UAE signed an economic partnership agreement and Abu Dhabi hosted peace talks between Azerbaijan and Armenia. United Arab Emirates
Analysis UAE bets big on Pakistan: Abu Dhabi’s infrastructure drive for Asia influence Abu Dhabi is making multi-pronged investments in a broad push into Pakistan’s transport and trade sectors. By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Newsletter: City Pulse Dubai Desert dialogues: Ammar Al Attar’s lens Building heights and cultural depths: Dubai’s new landmark, artistic reflections and and Sharjah films in India. By Rebecca Anne Proctor In Dubai, reporting on culture
China-made flying car makes first test flight in UAE: What to know The Chinese company is facing competition from a US firm that is currently developing an air taxi service in Dubai. United Arab Emirates
Hong Kong inks agreements with Gulf partners at BRI Summit Some 36 business agreements covering finance, technology, logistics, professional services and education were set to be signed at the event. Saudi Arabia
Saudi firm to pump $700M into economic zone developer in Africa The kingdom's Vision Invest will invest in pan-African developer Arise Integrated Industrial Platforms, which will use the funds to expand across the continent and develop green industrial ecosystems. Saudi Arabia