Bloomberg reports, quoting sources, that Abu Dhabi’s Masdar, Norway’s Norges Bank and Australia’s Fortescue bidding for Proyecto Julieta
World
Artificial intelligence
AI’s human touch: How consumer technology is quietly revolutionising accessibility, user experience
As artificial intelligence becomes increasingly embedded in everyday devices, companies are discovering that the most successful implementations are those that solve real human problems while remaining invisible to users
Emirates
Dubai’s Emirates signs major partnership with Germany’s biggest football club
Seven-year sponsorship with Bayern Munich to provide prominent brand visibility, a dedicated Emirates Skybox and other opportunities
Artificial intelligence
Groq and Saudi’s HUMAIN announce day zero launch of OpenAI’s latest models
gpt-oss-120B and gpt-oss-20B, with full 128K context, real-time responses, and integrated server-side tools, available worldwide at low cost
Donald Trump
Trump’s copper tariff u-turn sparks US oversupply as metals take a breather: Saxo Bank
The turbulence in copper spilled over into precious metals, which paused for breath in July after a strong first half of the year
Abu Dhabi
AD Ports Group expands its presence in Pakistan with new Islamabad office
Will serve as a critical platform for deepening engagement with government stakeholders and advancing priority trade initiatives
immigration law
US to launch visa bond pilot of up to $15,000 for visitors from ‘high-risk’ countries
The pilot begins on August 20 and will run for a one-year period, according to the Federal Register notice
branded residence
Branded real estate: Four Seasons completes Mumbai residential tower with 80% units sold
Described as one of the world’s tallest branded residential towers, the project comprises just 41 homes across 64 floors
Boeing
More woes for Boeing as workers in fighter jets plant go on strike
Union, with 3,200 workers, rejects contract offer; demands a “contract that keeps their families secure and recognises their unmatched expertise”
Abu Dhabi
First Abu Dhabi Bank opens new London branch, marking 48 years in the UK
FAB first entered London through its predecessor National Bank of Abu Dhabi, and the city now serves as a hub for private banking, corporate advisory, and cross-border capital flows
Airport
London Heathrow submits $65bn proposal to UK government for a third runway
The new runway, which has divided opinion for many years, will add 276,000 flights a year and increase passenger capacity to 150 million
BVLGARI
Bvlgari opens first luxury mansion at new Bodrum resort development
The completed six-bedroom mansion spans two floors and features a staircase, double-height living area with floor-to-ceiling windows, dining space with open kitchen, fitness room with Technogym equipment, and massage room
Aviation
Dubai’s Emirates launches 5th China route with daily flights to Hangzhou
The airline now operates 49 weekly flights to five major cities in China.
Artificial intelligence
Recession-resistant jobs? Experts say these are the most secure careers in 2025
Experts reveal which careers offer the best protection and why geography matters more than ever
Air Arabia
Air Arabia announces two new routes to Russia
The airline said the two new routes mark continued expansion from its Ras Al Khaimah hub, complementing existing direct flights to Moscow
Artificial intelligence
Aramco collaborates in study on leveraging AI for carbon market integrity
White paper by the FII Institute offers guidance to meet carbon emissions reduction targets and addresses evolving challenges
economic outlook
Global economic growth revised up to 3% in 2025, but trade tensions keep outlook fragile: IMF
IMF lifts global forecast – but is the world economy really in better shape? Here’s everything you need to know