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Trump International Hotel & Tower, Dubai, has entered its next phase of construction following the award of its podium construction contract....

- Revenue of $96.6 Million and Gross Margin of 24.0% - - Recently Announced U.S. Quartz Tariff-Rate Quota on Imports, Effective August 15, 2026 - - Evaluating the Impact of New U.S. Tariffs on the Timing of Positive Adjusted EBITDA -MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today reported financial results for its second quarter ended June 30, 2026. Yos Shiran, Caesarstone's Chief Executive Officer commented, “Our second quarter performance marks another step forward in our efforts to restore profitability. Gross margin improved both year-over-year and sequentially, and our Adjusted EBITDA loss narrowed significantly, primarily reflecting the growing benefits of our optimized production network and disciplined execution of our restructuring plan. While revenue continues to be impacted by competitive dynamics and soft market conditions, most notably in North America, the structural changes we have imple...

Yemeni Houthi forces fired ballistic missiles at the Saudi tanker NCC Ghazal in the Red Sea, forcing it to turn back, military spokesman Yahya Saree ......

MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today announced that it will release its earnings results for the second quarter ended June 30, 2026 on Wednesday, August 5, 2026 before the market opens. The Company will host a webcast and conference call on the same day at 8:30 a.m. ET to discuss the results. The live webcast can be accessed through the Investor Relations section of the Company's website at ir.caesarstone.com. For those unable to access the webcast, the conference call will be accessible domestically or internationally, by dialing 1-833-816-1463 and 1-412-542-4167, respectively. The toll-free Israeli number is +972 3-374-1008. Upon dialing in, please request to join the Caesarstone Second Quarter 2026 Earnings Conference Call. To listen to a telephonic replay of the conference call, dial toll-free 1-844-512-2921 or +1-412-317-6671 (international) and enter pass code 10210513. The replay will b...

Tehran hits back at several GCC countries, following the most intense US bombing since an MoU was signed last month....

MJ Gleeson said its outlook was 'uncertain' due to the economic impacts of geo-political events and potential policy changes with a new UK Government....

The Real Estate Appraisers Association in Israel today published the latest estimate for the costs of building new homes in June 2026....

Despite Iranian attacks, several GCC states continue to speak with Tehran in effort to mend ties and forge cooperation....

Tehran rejects US-GCC pressure over missiles, the Strait of Hormuz and regional armed groups....

Bahrain has hosted a GCC meeting with US Secretary of State Marco Rubio in Manama, where Washington sought to reassure Gulf allies over the Iran deal, with Gulf states pressing for clarity on the Strait of Hormuz, nuclear and missile issues....

Iran's Revolutionary Guard warns against alternative route in Strait of Hormuz as top US diplomat to meet Gulf leaders....

The Iran war has added fresh uncertainty for investors across the region, testing sentiment in sectors from tourism to real estate. But despite the headwinds, developers are continuing to press ahead with major projects, betting that long-term demand and regional investment will outweigh the near-term uncertainty. Yasseen Mansour, Chairman and Group CEO of Palm Hills Developments spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa about the Egyptian real estate market. (Source: Bloomberg)...

Iran's economy contracted 0.7% in the year to March, preliminary Central Bank of Iran estimates show, as construction fell 15.8% and agriculture 4.2%, with only the oil sector and services posting growth....

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Saudi Arabia signed housing and construction agreements worth 1.9 billion riyals (US$507 million) with Chinese partners including China State Construction Engineering during a visit to China by its housing minister, as Riyadh deepens cooperation with Beijing on urban development projects. Speaking at a signing ceremony on Monday evening in Shenzhen, Minister of Municipalities and Housing Majid Al-Hogail said Saudi Arabia was accelerating housing and urban-development projects under its Vision......

The US-Iran MOU may offer GCC countries some relief after months of conflict, but it has also exposed vulnerabilities including the reliability of US security guarantees. Mehran Kamrava, Professor of Government at Georgetown University Qatar spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the GCC's response to the deal & the rebuild that lies ahead. (Source: Bloomberg)...

Relations across the Gulf have been ruined following more than 100 days of war between Iran, Israel and the US with the Gulf neighbours to the south and east of the Islamic Republic left exposed following a new memorandum with the Trump admin....

HSBC's annual GCC Stock Exchanges Conference in London drew its largest attendance in the event's five-year history this week, Akhbar Al Khaleej ......

Rising oil and gas prices since the outbreak of the Iran war have pushed up mortgage rates - making house purchases more expensive for buyers....