Featured · Energy
UAE oil exports climbed to 3.94 million barrels a day in June, close to prewar highs and up sharply from the low point earlier in the year. The recovery is impressive, but the way it was achieved is the more important part.
Finance
Even with a regional conflict overhead, global banks and hedge funds kept leasing space in Dubai. Prime office rents rose more than 17 percent in the first quarter while vacancy stayed near zero, a sign of how deep the city's pull on capital has become.
Innovation
Dubai has opened what it calls the world's first AI-powered park design challenge, inviting entrants to reimagine one of its parks using artificial intelligence while leaving the final design decisions to people. It is a small initiative with a large idea behind it.
Finance
Nigeria has drawn the first tranche of a 5 billion dollar financing arrangement with the UAE's largest bank, taking around 1.5 billion dollars so far. The deal is a window into how Gulf capital is moving into frontier markets.
