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AD Ports Group owns 51 per cent of Safeen Drydocks, which was set up in 2023. Photo: AD Ports

AD Ports' Safeen Drydocks signs Dh1.3bn shipbuilding contracts

Contracts support UAE's aim to become a regional hub for maritime manufacturing

Dubai launches initiative to make founding businesses more cost-efficient

Iraq tells oil companies in Kurdistan to resume operations

Prolonged Gulf conflict risks recession and global inflation spike, OECD says

IMF says prolonged Iran war could weigh on Saudi Arabia's medium-term outlook

Syria sets up tourism police unit amid plans to build new attractions

UAE non-oil business activity expands in May despite Iran war uncertainty

Spotlight

On The RecordRussian banker condemns asset seizures and calls for quick Ukraine peace deal
A guide to Saadiyat Cultural District’s museum shops and cafes
'We waste so many clothes': UAE plan to recycle textiles wins public support
World Cup 2026 opening ceremonies guide: The stars set to take the stage
AI-designed vaccine ‘could prevent pandemics before they begin’
GameExpo in Dubai offers Emirati developers a chance to level up
Michael Jackson: The Verdict review – an acquittal that still doesn't sit right
Islamic New Year holiday announced for public and private sectors

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Ship-tracking data has found at least a quarter of non-Iranian ships stranded in the Strait of Hormuz since the conflict began have made their way out. Reuters

Ships face 4,000-times higher insurance costs to cross Strait of Hormuz

US-escorted vessels at risk of Iranian mines, missiles and fast attack boats

Business InsightsThe Iran war is no reason to flee stocks or fear runaway inflation

CLI owns 100 per cent of CLI Norte, which operates a terminal at the Port of Itaqui in Brazil. Photo: CLI

AD Ports Group agrees to acquire Brazilian bulk port operator in $835m deal

Syria must focus on ‘bankable projects’ to boost foreign investment

Abu Dhabi's Mubadala Investment Company has invested more than $5.6 billion in developed markets assets since beginning of the Iran war. Reuters

No slowdown in Gulf sovereign investments amid Iran war

UAE GDP hit $517bn in 2025 as non-oil sector grew 6.8%

Oman has assured US it won't charge Strait of Hormuz toll, says Treasury chief

Oil rallies as Trump denies reports of Hormuz deal and US renews strikes on Iran

Oil prices slide on hopes of Strait of Hormuz reopening within month

Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has marked a major milestone towards full operations of its LNG production and export facilities. Photo: QatarEnergy

US LNG emerges as Gulf hedge against Hormuz disruption

Mubadala, XRG and QatarEnergy are among Gulf investors expanding presence in North American LNG

Why delaying investment may be your biggest financial mistake

Dubai inflation set to halve if Strait of Hormuz reopens

Egypt launches first aerial mining survey in more than 40 years

Who’s in charge? Understanding control in UAE corporate tax

Gulf countries maintain credit ratings amid Iran war uncertainty

Business InsightsWhy water rights will become the asset class of the 21st century

US President Donald Trump with Federal Reserve chairman Kevin Warsh during his swearing-in ceremony at the White House. Reuters

Kevin Warsh takes charge at US Federal Reserve as markets brace for rate increases

President Donald Trump says he wants new Federal Reserve chair to be 'totally independent'

Adia's focus on evolution places Abu Dhabi fund on path of growth

New UAE-Oman trade corridors keep cargo moving during strait closure

How Gulf and UK will feed off each other's strengths with $5bn free-trade deal

Dubai approves Dh1.5 billion relief package including halting hotel tax

Oil prices slide 5% as Trump says the Iran war will end 'very quickly'

Abu Dhabi Ship Building signs Dh1.3bn Leonardo deal for Kuwaiti missile boats

Tourists at Burj Khalifa. Economic incentive package to support Dubai's business and tourism sectors. Chris Whiteoak / The National

Dubai approves Dh1.5 billion relief package including halting hotel tax

Nightly hotel charge and municipal fees suspended along with further measures

Oil prices slide 5% as Trump says the Iran war will end 'very quickly'

Abu Dhabi Ship Building signs Dh1.3bn Leonardo deal for Kuwaiti missile boats

DP World attracts $233m investments at Jebel Ali Free Zone

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