Saudi Arabia and UAE compete for regional dominance in investment banking, with Saudi leading in IPOs and debt markets under Vision 2030, while UAE diversifies to sustain growth.
The UAE’s new AI tool, CHAG, will revolutionise farming by providing actionable insights for farmers globally, enhancing crop resilience against climate challenges.
UAE President Sheikh Mohamed bin Zayed at COP29 calls for urgent, unified climate action to drive sustainable growth, while advocating for a balanced energy transition; global leaders are gathering at Baku to reinforce commitments made at COP28, strengthening climate resilience worldwide.
UAE secures Arab Parliament presidency with Mohammed Ahmad Al Yamahi elected as president, showcasing Emirati leadership and commitment to regional cooperation through parliamentary diplomacy.
Per a new purchasing managers’ survey released by HBL and S&P, Pakistan’s manufacturing PMI rose to 50.9 in May, returning to expansion as new orders recovered and export orders posted their strongest rise since February 2025.
Pakistan’s major ports are seeing a sharp rise in container and transshipment activity as Gulf disruption redirects cargo towards Karachi, Port Qasim and Gwadar.
Iranian officials are preparing three days of farewell ceremonies and a 24-hour funeral procession for Ali Khamenei, with events expected in Tehran, Qom and Mashhad.
Trump reportedly warned Netanyahu against further escalation in Lebanon as US-Iran diplomacy faced renewed pressure, with Pakistan and Qatar involved in efforts to preserve a fragile regional framework.