The coalition supporting Yemen’s government said it would continue targeting Houthi weapons depots and missile launch platforms after attacks on Saudi civilian facilities, including King Khalid International Airport in Riyadh, the Saudi Press Agency (SPA) reported.

Coalition spokesperson major general Turki Al-Malki told a press conference on Thursday, October 15, that attacks on civilian airports and infrastructure threatened civilians and travellers. He described them as violations of international humanitarian law.

Al-Malki offered condolences to the families of those killed in the attacks and wished the injured a speedy recovery, according to SPA.

He said coalition forces had dismantled a network of mountain storage facilities in Sanaa, Saada and Amran that the Houthis used to launch attacks on Yemen and neighbouring countries. A number of missile launch platforms had also been destroyed, he said.

The coalition would continue taking measures to counter Houthi threats and dismantle the group’s offensive capabilities, including weapons depots and launch platforms, Al-Malki added.

He accused the Houthis of acquiring advanced military technologies with help from regional actors, including ballistic missiles, attack drones and explosive-laden high-speed boats.

Al-Malki also accused the group of using civilian facilities and essential resources to support its military operations. He cited Al-Sabaha Central Station in Sanaa, along with underground fuel reserves, storage tanks and fuel transport and offloading facilities in Hudaydah, Sanaa and Dhamar.

He said Saudi air defences had intercepted threats and thwarted attacks, and accused the Houthis of targeting Makkah and Madinah, threatening pilgrims and visitors to the Two Holy Mosques.

Al-Malki called for an immediate halt to Houthi attacks on civilians and civilian facilities, including airports, ports, oil installations and infrastructure.

Read: Saudi-led coalition intercepts, destroys cruise missile over Madinah

Parts of the UAE could receive rain from Friday, October 16, through Tuesday, October 20, while humid overnight conditions could bring fog or mist to some coastal and inland areas, according to the National Centre of Meteorology (NCM).

In its October 16 bulletin, covering the 24 hours from 8am, the NCM forecast fair to partly cloudy conditions, with a chance of convective clouds developing over eastern and southern areas during the afternoon and bringing rainfall.

Winds will be light to moderate, strengthening around clouds and causing blowing dust. Speeds could reach 40 kilometres per hour over coastal areas and islands, and 45 kilometres per hour inland and in mountainous areas.

Maximum temperatures on Friday, October 16, are forecast to range from 35°C to 40°C over coastal areas and islands, 37°C to 42°C inland, and 28°C to 33°C in the mountains.

Conditions will become humid on Friday night and Saturday morning, October 17, over some coastal and inland areas, with a chance of fog or mist.
Seas will be slight to moderate at times in the Arabian Gulf and slight in the Sea of Oman, the NCM said.

Chances of rain over northern and eastern areas

The centre forecast a possibility of afternoon convective clouds bringing rain on Saturday, October 17, followed by chances of rain over northern and eastern areas on Sunday, October 18.

The NCM forecast a chance of rain-bearing convective clouds over eastern and southern areas on Monday, October 19, with clouds that may bring rain also possible on Tuesday, October 20.

Fog or mist could also form overnight and into the mornings of Sunday, October 18, and Monday, October 19, in some coastal and inland locations. Mist is possible on the mornings of Tuesday, October 20, and Wednesday, October 21.

In other news, rain and hail hit Sharjah on Thursday, reports said. Al Ain and some parts of Ras Al Khaimah also experienced heavy showers.

Artificial intelligence (AI) could unlock more than $1tn in economic and sustainability value across the Middle East and North Africa by 2030, according to a World Economic Forum report developed with Bain & Company.

The estimate spans five areas, including up to $200bn in sustainable financing, $370bn in sustainable investment flows enabled by the public sector and $250bn in long-term asset losses avoided.

It also includes $90bn in increased energy-sector valuations through improved sustainability performance and $100bn in sustainable projects launched through cross-sector partnerships.

The projections cover different forms of potential value, including financing flows, valuation gains and avoided losses, rather than a direct contribution to regional GDP.

The report, Unlocking Value: AI for Resilient Growth in MENA, draws on case studies and prototypes developed with First Abu Dhabi Bank (FAB), Bahrain’s Ministry of Sustainable Development, ADNOC and Saudi Arabia’s Ministry of Economy and Planning.

The World Economic Forum said the work produced five AI prototypes addressing sustainable finance, climate hazards, sustainability performance, SME financing and cross-sector collaboration. Scaling such applications would require overcoming implementation constraints, fragmented efforts and institutional capacity gaps, it said.

“The opportunity for MENA is significant, and the value will come from execution,” said Wissam Yassine, partner and Middle East Sustainability practice leader at Bain.

“Across finance, energy and the public sector, we are seeing AI use cases that can deliver measurable economic and sustainability impact. Leaders should focus on the areas with the clearest value and move quickly from pilots to scale.”

A recent MENA Chief Sustainability Officers Network survey highlighted a gap between expectations and implementation. While 89 per cent of respondents said AI had high or very high potential to advance their organisations’ environmental, social and governance goals, between 40 and 55 per cent, depending on the use case, described adoption as being at the pilot stage or operating at scale.

The report identified barriers including weak decision-making processes, difficulty treating sustainability as a source of economic value and a tendency to apply AI to incremental improvements. Many organisations also struggled to quantify financial or sustainability returns.

In banking, FAB worked with the World Economic Forum and Bain to develop Sustainable Finance Market Pulse, an AI agent that scans thousands of market signals each week to identify potential sustainable finance opportunities.

The report estimated that the tool could generate a return on investment of approximately 50 to 135 times over five years for FAB. Regional deployment of Pulse and the broader Sustainability Intelligence Platform could unlock around $200bn in additional sustainable lending by 2030, it said.

In Bahrain, the partners developed SME SMART, an AI-powered sustainability readiness assessment for small and medium-sized enterprises. The report said the tool’s adoption and implementation of its recommendations could generate $17m in cumulative valuation gains for Bahraini SMEs through 2030.

Work with ADNOC examined tools to translate climate hazard data into insights across assets and value chains, and to assess sustainability disclosures against ESG rating frameworks.

In Saudi Arabia, the collaboration produced SUSTAIN, a platform designed to match verified organisations with partnership opportunities linked to national development priorities.

The report recommended that organisations assess their AI maturity, set clear objectives, prototype priority applications and quantify their impact before determining how widely to deploy them. It also called for stronger governance, public-private partnerships and investment in capabilities.

Gargash Prime and JINGDONG Property, the infrastructure investment and asset management arm of Chinese e-commerce company JD.com, have signed a memorandum of understanding (MoU) to develop a large-scale logistics facility in Dubai.

Under the agreement, the companies plan to establish a joint venture to develop a site spanning approximately 2.5 million square feet (250,000 square metres), which will serve as a regional distribution and fulfilment hub supporting supply chains across the UAE and wider Middle East.

The MoU was signed on October 13 on the sidelines of the Dubai Business Forum – China, organised by Dubai Chambers in Shenzhen, in the presence of Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers.

The partnership forms part of Gargash Prime’s strategy to expand its portfolio of large-scale real estate and logistics infrastructure assets through collaborations with international companies.

It also aligns with the Dubai Economic Agenda, D33, and the UAE’s wider ambitions to strengthen its position as a global trade and logistics hub.

Gargash Prime expands logistics infrastructure portfolio

Shehab Gargash, founder of Gargash Prime, said: “This joint venture with JINGDONG Property will help develop infrastructure that supports the UAE’s goal of further strengthening its position as a global logistics and trade hub. By bringing together our complementary capabilities and shared ambition, we aim to deliver infrastructure at scale that contributes to the next phase of the UAE’s economic growth.”

The planned facility is expected to combine Gargash Prime’s local real estate expertise with JINGDONG Property’s international experience in logistics infrastructure development and management.

Walid Hizaoui, chief strategy officer at Gargash Prime, said: “This facility gives us the scale and the right partner to establish a significant logistics footprint in the region. It demonstrates how we are translating Gargash Prime’s real estate ambitions into high-quality infrastructure that supports the growth of the UAE’s trade and logistics sector.”

JD.com subsidiary strengthens UAE presence

JINGDONG Property currently manages more than 300 infrastructure assets globally, covering over 28 million square metres of gross floor area, with assets under management exceeding $16bn.

The company specialises in developing and managing logistics parks, business parks and data centres, serving businesses across e-commerce, manufacturing, retail and third-party logistics.

Carl Chen, CEO of JINGDONG Property, said: “The partnership with Gargash Prime represents an important step in JINGDONG Property’s long-term development in the UAE. We look forward to supporting the UAE’s ambition to strengthen its position as a leading global logistics and trade hub. The new distribution and fulfilment facility will strengthen our regional capabilities while providing high-quality logistics infrastructure to local and international customers.”

Feng Guo, CEO of JD.com Middle East, said the collaboration would combine JINGDONG Property’s technology and logistics capabilities with local market expertise to develop more efficient and resilient supply chains across the region.

The agreement also highlights growing commercial cooperation between the UAE and China, with Dubai Chambers facilitating cross-border investment and business partnerships through its international engagement initiatives.

For Gargash Prime, the proposed joint venture represents another step in expanding its real estate and logistics portfolio, while supporting Dubai’s position as a regional distribution and fulfilment centre.

A Singapore-flagged container ship has sunk in the Strait of Hormuz after sustaining damage and catching fire, amid escalating attacks on commercial vessels passing through the strategically important waterway.

The vessel, identified as GFS Pride, was struck by an unidentified projectile on October 13, according to Singapore’s Maritime and Port Authority (MPA). All 21 crew members were safely evacuated, with no injuries reported, Reuters reported.

The ship, operated by UAE-based Global Feeder Shipping, had a capacity of 2,824 twenty-foot equivalent units (TEUs).

Iran’s Islamic Revolutionary Guard Corps (IRGC) Navy claimed on Wednesday, October 14, that a vessel carrying more than 2,500 containers had struck a naval mine while attempting to navigate what it described as an unauthorised and dangerous route through the strait.

According to a statement carried by Iranian state broadcaster IRIB, the vessel caught fire following the incident and subsequently sank as the blaze intensified.

However, the Iranian account has not been independently verified, and maritime security sources have reported that the GFS Pride was struck by an unidentified projectile. The actual number of containers aboard the vessel has also not been independently confirmed.

Second Singapore-flagged vessel damaged

The MPA also confirmed that another Singapore-registered container ship, GFS Giselle, sustained hull damage after being struck by an unidentified projectile on October 14.

According to global media reports. the vessel subsequently reached a safe anchorage under its own propulsion, with all 22 crew members reported safe.

Singapore’s maritime authority condemned the incidents, describing the continued attacks on commercial shipping as violations of international law.

The two vessels are part of the fleet of Global Feeder Shipping, a Dubai-based shipping company