Capital Group Wins ADGM Licence as Global Investors Keep Flocking to Abu Dhabi
US investment giant Capital Group, which manages $3.6 trillion in assets, has secured a licence from Abu Dhabi Global Market to operate as a regulated investment manager. It joins a growing list of global asset managers setting up in the emirate despite the regional conflict.
IMF Says Iran War Energy Shock Is "Large but Contained" as Gulf Economies Brace for a Contraction
The IMF's managing director says the energy price shock from the US-Iran war has been large but contained so far, though high prices are likely to linger. The World Bank expects GCC economies to contract by an average of 4.3 per cent this year.
Dubai Retail Unveils Skylight Mall: A 1.3 Million Sq Ft Shopping Destination Planned for Al Khail Road
Dubai Retail has announced Skylight Mall, a super-regional shopping and entertainment destination set to open in 2027 on Al Khail Road. The 1.3 million sq ft development will have more than 360 stores and will serve communities including JVT, Jumeirah Islands and The Springs.
Gulf Oil Exports Rebound as Brent Slips Below $100, but UAE Motorists and Markets Still Feel the Strain
Brent crude fell under $100 a barrel on Tuesday as data showed Middle East exports recovering toward pre-war levels, helped by pipelines that bypass the Strait of Hormuz. Producers and analysts caution that stockpiles are thin and new attacks in Yemen and Saudi Arabia could reverse the improvement. In the UAE, petrol prices remain well above September levels.
Etisalat Returns: UAE Telecom Giant Drops the e& Name as It Marks 50 Years
The UAE's first telecom operator has told the Abu Dhabi Securities Exchange it will move forward under its original Etisalat name, four years after adopting e&. The announcement coincides with the company's 50th anniversary and comes with free data and device offers for customers.
UAE Enters World's Top 25 Most Innovative Economies for the First Time
The UAE has climbed five places to 25th in the 2026 Global Innovation Index, up from 30th last year. It ranks first worldwide in four indicators, including entrepreneurship policies and start-up financing.
UAE Petrol Prices Hit Their Highest Levels This Year as Brent Holds Above $100
UAE pump prices rose again on 1 October, the third straight monthly increase, with Super 98 now at Dh4.40 a litre. Brent crude is above $100 and a G7 stock release has only partly offset the Middle East supply risk.
UAE Petrol Prices Jump About 16% for October, Adding Pressure to Household Budgets
uel prices announced for October are around 16 per cent higher for petrol and about 12 per cent higher for diesel. Retail rates have risen more than 60 per cent since the regional war began on 28 February.
Global Food Week 2026 Opens in Abu Dhabi on 6 October With India as Guest of Honour
Abu Dhabi hosts Global Food Week from 6 to 8 October at ADNEC, with India as Guest of Honour, a new Shop at the Show retail zone and summits on food security and agritech. Organisers expect a record 92 participating nations.
UAE Petrol Prices Jump About 16% for October as Oil Markets Stay Elevated
UAE fuel prices rise for a third straight month in October, with Super 98 up 15.7% to Dh4.40 and diesel up 11.6% to Dh4.80. Global crude remains elevated amid uncertainty over US–Iran talks and disruption around the Strait of Hormuz.
UAE Dirham Symbol Officially Recognized by Unicode in Digital Milestone
The UAE dirham has secured a permanent place in the digital world after its official currency symbol was formally added to the Unicode Standard, the global system that governs how text and characters render across devices worldwide. The move paves the way for the symbol to appear natively in apps, websites and keyboards.
Emirates and Etihad Resume Normal US Services After Major FAA Outage Disrupted Northeast Airports
Emirates and Etihad flights to and from the United States resumed on Tuesday after a major US air traffic control communications outage caused widespread delays and cancellations at Northeast airports the previous day. Both UAE carriers kept key routes to New York and Boston running through the disruption, though residual delays are expected as US airports work to restore full capacity.