Business

GCC Construction Market Set for H2 2026 Recovery After Iran-War Slump Cuts Q1 Awards 9.7%

The GCC's construction and projects market absorbed its sharpest shock in years during the first quarter of 2026, as the US-Iran conflict triggered a...

UAE Wage Protection System 2026: What Employers Must Know About Ministerial Resolution 340

The UAE Ministry of Human Resources and Emiratisation has issued Ministerial Resolution No. 340 of 2026, introducing significant amendments to the Wage Protection System...

GCC Aviation Update: Kuwait Airport Resumes Full Operations After Disruption — Travel Advisory

Kuwait International Airport has resumed full commercial operations following a temporary closure after its terminal was struck by drones in an incident on the...

UAE-South Korea CEPA in Force: What the Landmark Trade Deal Means for Gulf Exporters

The Comprehensive Economic Partnership Agreement between the United Arab Emirates and the Republic of Korea entered into force on 1 May 2026, marking a...

UAE Mediates 24th Russia-Ukraine Prisoner Swap, Freeing 370 Captives in Latest Mediation

The United Arab Emirates has successfully brokered its 24th prisoner of war exchange between Russia and Ukraine, securing the release of 370 captives from...

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