Friday, 22 May 2026
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The GCC

UAE Food Prices Spike as Hormuz Closure Triggers Supply Crunch

The shutdown of the Hormuz strait has pushed maritime freight costs higher, sending food inflation in the UAE soaring into double‑digit territory. Analysts warn that prolonged disruptions could reshape import strategies across the Gulf.

AI & Tech

UAE Pledges Dh44 Billion to Mars and Asteroid Projects

Dubai’s space agency announced a Dh44 billion investment aimed at Mars exploration, asteroid mining research and broader space‑economy initiatives, signalling a push to position the UAE as a regional hub for high‑tech aerospace ventures.

Global Insights

How Walmart Turned Tariff Pressures into Growth

Walmart leveraged its scale, expanded e‑commerce capabilities and introduced new loyalty fees to offset higher import costs, emerging from a year of tariffs with stronger margins and a more resilient supply chain.

Eco-Impact

Adcmc Highlights AI‑Powered Safety Programs at Isnr 2026

At the International Safety and Resilience Conference, ADCMC unveiled a suite of AI‑driven tools aimed at boosting construction site safety, reducing waste and aligning UAE projects with global sustainability standards.

Eco-Impact

UAE Renewable Push Lowers GCC Emissions Amid Ongoing Oil Reliance

The United Arab Emirates has expanded solar and wind capacity, trimming regional carbon output, yet the Gulf’s heavy reliance on hydrocarbon revenues continues to temper overall climate progress, according to recent emissions data.

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