FIRST IN GCC

Bahrain's TRA launches Satellite Direct-to-Device Services

Mon, 22 Dec 2025

Bahrain’s Telecommunications Regulatory Authority (TRA) has announced the launch of Satellite Direct-to-Device (D2D) services in the Kingdom, marking a significant milestone in the country’s telecommunications landscape.

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FOUR LINKED VILLAGES

Taraf, Masdar City to launch 153-acre residential masterplan in Abu Dhabi

Mon, 22 Dec 2025

Taraf, the real estate division of Yas Holding, and Masdar City, Abu Dhabi’s pioneering sustainable urban district, are joining forces to develop Fay Hills, a 153-acre residential masterplan designed around sustainability, wellness, and human-centred living.

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PROJECT COMPLETION IN 2030

Saipem snaps up $3.1bn offshore EPCI contract in Qatar

Mon, 22 Dec 2025

Saipem, a global leader in the engineering and construction of key energy projects, has announced that it has secured an EPCI contract worth $3.1 billion from QatarEnergy LNG for the Comp5 package of its North Field NFPS Offshore Compression Complexes project.

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DEALS HIT $53 BILLION

Middle East M&A activity surges 260% despite market volatility

Mon, 22 Dec 2025

Middle Eastern mergers and acquisitions (M&A) have demonstrated remarkable resilience and strategic focus, with deal values surging 260% to $53 billion in the first nine months of 2025 compared to the same period last year, a report said.

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SPOTLIGHT

AI transforming how UAE consumers shop and spend

Mon, 08 Dec 2025

UAE shoppers are turning to AI to make shopping easier and more efficient, and they are signalling the importance of transparency as these tools become part of everyday life, says a Visa survey.

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Top This Week

Saudi Arabia completes world's largest BESS project grid connection

Fri, 19 Dec 2025

Saudi Arabia has officially completed grid connection of its landmark energy storage system (ESS) project with the nameplate capacity of 7.8GWh.

Modon inks $1.36bn contract for 735 Abu Dhabi villas

Fri, 19 Dec 2025

Modon has awarded the main construction contract for two of its residential developments on Hudayriyat Island: Nawayef East and Nawayef West. With a total value of AED5 billion ($1.36 billion), the contract is the largest awarded for residential projects in Abu Dhabi in 2025.

Oman, India sign CEPA to boost trade

Fri, 19 Dec 2025

Oman and India have signed a Comprehensive Economic Partnership Agreement (CEPA) in Muscat, laying the framework for a significant expansion of trade, investment and services cooperation between the two countries.

Kuwait to award $3.9bn EPC contract for Al Kabeer Port Phase I

Thu, 18 Dec 2025

Work will soon start on the Mubarak Al Kabeer Port development in Kuwait following the allocation of KD1.2 billion ($3.9 billion) funds to carry out EPC work for Phase I of the project. On completion, the port will emerge as a key regional transport hub in line with Kuwait Vision 2035.

Ritchie Bros. closes 2025 with record auctions across EMEA, APAC

Thu, 18 Dec 2025

Ritchie Bros. closes 2025 on a strong note marked by record-breaking auctions and key anniversaries. Across EMEA and APAC, the company this year conducted 79 auctions, selling more than 101,800 lots from over 6,000 sellers and engaging 21,300+ buyers and 81,300+ bidders.

Bahrain's non-oil exports of National Origin soared to $836m in October

Thu, 18 Dec 2025

The total value of Bahrain's non-oil exports (national origin) increased to BD317 million ($836 million) over the last year's figures of BD316 million ($833 million), said a report. The top 10 countries accounted for 73% of the total exports (National Origin) value.

Saudi Cabinet scraps expat worker fees for licensed industrial facilities

Thu, 18 Dec 2025

In a landmark move, the Saudi cabinet, chaired by HRH Crown Prince Mohammed bin Salman, has announced the cancellation of the fees imposed on expatriate labour in industrial facilities, reported SPA. This decision reflects the kingdom’s leadership's ongoing support for the industrial sector.

Acwa Power in deal to boost $5bn sustainable utility projects across Africa

Thu, 18 Dec 2025

Acwa Power has announced that it has signed a co-operation framework with African Development Bank (AfDB) to significantly strengthen collaboration in the development and funding of power generation and water desalination projects worth up to $5 billion across Africa.

Action Energy Company completes listing on Boursa Kuwait

Thu, 18 Dec 2025

Action Energy Company (AEC), a leading Kuwaiti onshore drilling and oilfield services provider, has begun trading on Boursa Kuwait’s Premier Market following the completion of its private placement. It raised KD55.1 million ($180 million) from local and international investors.

Al Mulla Engineering, Daikin introduce innovative data centres cooling solutions

Mon, 22 Dec 2025

Al Mulla Engineering Products, an integral vertical and subsidiary of Al Mulla Engineering within Al Mulla Group, and Daikin, a global leader in developing and manufacturing air conditioning, heating, ventilation and refrigeration solutions (HVAC-R), showcased Daikin’s latest innovative air conditioning and cooling systems, especially cooling technologies for data centres, at a special seminar and customer orientation sessions in Kuwait.

World Future Energy Summit 2026 to address solar power challenge

Mon, 22 Dec 2025

The World Future Energy Summit 2026, hosted by Masdar and part of Abu Dhabi Sustainability Week, will address key economic and geopolitical challenges facing the rapidly expanding solar-energy industry.

Qatar International Food Festival returns in January

Mon, 22 Dec 2025

The Qatar International Food Festival (QIFF) will return from January 14 to January 24, 2026, for its 15th edition, Visit Qatar has announced.

Valmet to buy US industrial valve company Severn for $480m

Mon, 22 Dec 2025

Valmet, a global technology leader serving the process industries, has entered into a deal with UK-based private equity firm Bluewater to acquire the Severn Group, a major US industrial valve company, for $480 million on a cash and debt-free basis.

Middle East M&A activity surges 260% despite market volatility

Mon, 22 Dec 2025

Middle Eastern mergers and acquisitions (M&A) have demonstrated remarkable resilience and strategic focus, with deal values surging 260% to $53 billion in the first nine months of 2025 compared to the same period last year, a report said.

Qatar International Food Festival returns in January

Mon, 22 Dec 2025

The Qatar International Food Festival (QIFF) will return from January 14 to January 24, 2026, for its 15th edition, Visit Qatar has announced.

EIH brings world-leading Institut Marquès IVF centre to Abu Dhabi

Mon, 22 Dec 2025

Ethmar International Holding (EIH), a leading investment holding in the UAE, is partnering with FutureLife group to bring the internationally renowned Institut Marquès assisted reproductive technology (ART) centre to Abu Dhabi.

YBA Kanoo Group announces new board of directors

Sun, 21 Dec 2025

Yusuf Bin Ahmed Kanoo Group, one of the region's largest independent family-owned multinational businesses headquartered in Bahrain, has announced the appointment of its new Board of Directors under the chairmanship of Fawzi Ahmed Kanoo.

Chalhoub signs solar lease deal with Yellow Door Energy

Thu, 18 Dec 2025

Chalhoub Group, a premier luxury retailer in the Middle East, said it has signed a solar lease agreement with Yellow Door Energy, a leading provider of sustainable energy solutions, to bring clean electricity to the Group's key fulfilment hub in Riyadh.

Dubai now a 'preferred destination for private capital'

Mon, 22 Dec 2025

Dubai’s expanding role as a preferred destination for private markets and a meeting point for global investors seeking access to new liquidity and investment capital was highlighted at a key gathering of private capital leaders.

Bahrain's TRA launches Satellite Direct-to-Device Services

Mon, 22 Dec 2025

Bahrain’s Telecommunications Regulatory Authority (TRA) has announced the launch of Satellite Direct-to-Device (D2D) services in the Kingdom, marking a significant milestone in the country’s telecommunications landscape.

Abu Dhabi to host Gran Turismo World Series 2026 opening event

Mon, 22 Dec 2025

For the first time in the Middle East, Abu Dhabi will host the Gran Turismo World Series 2026 opening event, scheduled for March 28 at the Space42 Arena. The landmark event will bring together the world’s top Gran Turismo drivers to compete in an elite live championship.

Expo Centre Sharjah to host over 95 exhibitions and events next year

Mon, 22 Dec 2025

Expo Centre Sharjah is set to deliver an extensive portfolio of events in 2026, solidifying its position as a leading regional destination for world-class exhibitions and conferences and a global hub for business tourism.

Abu Dhabi to host Gran Turismo World Series 2026 opening event

Mon, 22 Dec 2025

For the first time in the Middle East, Abu Dhabi will host the Gran Turismo World Series 2026 opening event, scheduled for March 28 at the Space42 Arena. The landmark event will bring together the world’s top Gran Turismo drivers to compete in an elite live championship.

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