Repeated missile attacks by Yemen’s Houthi rebels on King Khalid International Airport in Riyadh have killed at least 12 people and injured more than 300, according to the reports. The strikes have prompted widespread flight cancellations in Saudi Arabia and added to concerns about regional security and disruptions to global energy markets.
Oil Prices Rise Above $104 a Barrel as Middle East Shipping Risks Mount
Benchmark crude oil prices have exceeded $104 a barrel amid continued Houthi attacks on Saudi infrastructure and maritime blockades near the Strait of Hormuz. Rising shipping insurance costs and uncertainty over energy supplies are adding pressure to international trade and the global economy.
US Forces Disable Cargo Ship in Gulf of Oman as Iran Warns Over Strait of Hormuz
United States Central Command forces intercepted and disabled a commercial cargo vessel attempting to breach a maritime blockade in the Gulf of Oman. Iran’s Islamic Revolutionary Guard Corps responded with warnings about transit rules in the Strait of Hormuz, increasing concerns over shipping security in a vital global energy corridor.
Drone Strikes Kill Dozens in Sudan Near Displacement Camp and Gold Mine
Drone strikes linked to Sudan’s Rapid Support Forces have killed at least 30 people near a displacement camp in the Blue Nile region, while a separate aerial attack on a gold mine near the Egyptian border left dozens more dead. The violence highlights the continued danger to civilians as Sudan’s conflict spreads across vulnerable communities and border areas.
Palestinian President Mahmoud Abbas Delays Legislative Elections Amid Gaza Crisis
Palestinian Authority President Mahmoud Abbas has postponed scheduled legislative elections, prompting frustration over political representation. The decision comes as humanitarian organisations warn that a previously declared ceasefire in Gaza has failed to deliver meaningful relief, deepening uncertainty over the Palestinian political and humanitarian situation.
IMF and World Bank Meet in Bangkok as Middle East Conflict Adds to Global Economic Risks
Finance ministers and economic policymakers are gathering in Bangkok for the annual meetings of the International Monetary Fund and World Bank. Discussions are focusing on rising energy costs, heavy debt burdens and threats to economic growth stemming from the widening conflict involving the United States, Israel and Iran.
Abu Dhabi’s Mubadala Plans $39 Billion in Annual Asian Technology Investments
Abu Dhabi sovereign wealth fund Mubadala Investment Company has announced plans to invest $39 billion annually in technology assets across China, India, South Korea and Japan. The commitment, outlined at the Milken Institute Asia Summit, represents roughly 10% of its portfolio and will target semiconductors, artificial intelligence and digital infrastructure.
UAE Plans Up to $119 Billion in Domestic Investment to Expand AI and Financial Technology
The United Arab Emirates is mobilising up to $119 billion in domestic direct investment to expand artificial intelligence infrastructure, with a particular focus on Abu Dhabi Global Market. The initiative aims to strengthen the use of AI in banking, including risk management, regulatory compliance and investment operations.
Saudi Arabia Ranks Among World’s Top 10 for Private AI Investment, World Bank Says
Saudi Arabia has been recognised by the World Bank as one of the world’s 10 leading countries for private investment in artificial intelligence. The ranking reflects the kingdom’s growing data centre capacity, digital infrastructure and efforts to attract technical specialists as it seeks to diversify its economy beyond oil.
UAE Authorities Say They Foiled Planned Attack on Israeli Targets Involving flydubai Co-Pilot
The United Arab Emirates’ attorney general has disclosed an alleged suicide attack plot involving a flydubai co-pilot who planned to target Israelis. Authorities said the suspect acted alone and that the attack was prevented, drawing renewed attention to aviation security concerns amid heightened regional tensions.
Oman Links Dhofar Wind Power Project to Plans for Artificial Intelligence Infrastructure
Oman is connecting development of its 125-megawatt Dhofar wind power project with efforts to attract investment in artificial intelligence data centres. The government hopes renewable electricity will appeal to technology companies seeking lower-emission energy supplies for power-intensive computing operations.
Qatar Takes Top Position in Global Infrastructure Ranking as Digital Investment Expands
Qatar has secured first place in regional and global general infrastructure rankings, according to the reported assessment. The result reflects investment in public infrastructure and integrated government digital services as the country works to strengthen its position as a centre for technology businesses and international connectivity.
Lebanon Launches Initiative to Develop Its First Electric Passenger Train
Lebanon’s government has announced plans to introduce the country’s first electric passenger train as part of efforts to revive its long-dormant railway network. The proposed project aims to improve domestic transport connections and support economic recovery despite continuing political and regional instability.