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THIS MORNING: OpenAI brings local inference to UAE + Adnoc is shuttling Iraqi crude across the Strait of Hormuz
Tourism and travel’s contribution to the Gulf’s GDP could drop by 14.5% to USD 330 bn this year
Gloomy 1H for hospitality sector as summer slowdown meets regional turmoil
Average occupancy across the UAE fell 22.2% YTD to 57.9%
Another Emirati investor gets in on Egypt’s North Coast
This is the third UAE-linked North Coast megaproject in as many years
Sharjah and Ras Al Khaimah’s property markets are moderating
Execution and supply delivery, not price momentum, will decide what comes next for both markets
THIS MORNING: It’s a later opening date and a higher bill for Wynn Al Marjan Island + UAE’s PMI climbs in July
Dubai Duty Free is accepting payments through Crypto.com
UAE capital is moving from trophy hotels to overseas destination plays
Analysts say UAE investors are balancing stable European assets with higher-growth plays like Ras El Hekma, but operational risk remains…
THIS MORNING: UAE plans 5-7 Cepas before year-end + Dubai incentivizes inviting visitors to the emirate
Foreign Trade Minister Thani bin Ahmed Al Zeyoudi said that negotiations with 20 countries are already underway
Another AED 1.5 bn of help coming to Dubai
This package brings total economic relief introduced over the past two months to AED 2.5 bn
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