UAE warehouses near full occupancy despite 5.9% rise in Dubai rents
New warehouse rental contracts jump 25.7% in Q3 2026, while Abu Dhabi records slower rental growth of 1.6%, according to JLL.
Business
Ras Al Khaimah to open first mountain lodge on Jebel Jais by end of 2026
Saij Mountain Lodge by Mantis is among new hospitality developments planned in the emirate, which aims to double its hotel room capacity by 2030
Business
Oil surges 1% after Iran says no nuclear material will leave the country
Concerns about tanker attacks persist in the Strait of Hormuz; drone attack causes fire at Russian Baltic Sea port of Ust-Luga
Business
Oman’s public revenues rise 16% to $25.6bn in first 9 months of 2026
Oman's public revenues increased by 16% to 9.828 billion rials in the first nine months of 2026, driven primarily by higher oil and non-oil revenues, resulting in a surplus of 90 million rials. Public expenditure rose by 9% to 9.738 billion rials, as the government implements its Vision 2040 strategy, which aims to enhance fiscal sustainability and economic growth.