The Middle East and North Africa (MENA) is entering a decisive, services-led growth phase in its IT sector, as enterprises and governments accelerate large-scale digital transformation initiatives, says a report.
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Universal Studios is in early planning stages to build a new theme park in Saudi Arabia, the Wall Street Journal reported on Friday, citing people with knowledge of the matter. The Comcast unit is doing initial concept work for the park.
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Dubai Municipality has launched the region’s first integrated recreational vehicle (RV) route, marking a pioneering step in developing a new model of nature-based tourism in Dubai.
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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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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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KKR, a leading global investment firm, has announced a strategic financing transaction with ACWA Power, the world’s largest private water desalination company, a leader in energy transition and a first mover in green hydrogen.
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.
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.
The UAE’s tourism sector continued its strong upward trajectory in 2025, consolidating its position as one of the country’s most dynamic economic sectors, contributing AED257 billion ($70 billion) to GDP and setting new visitor records for the year, said a report.
The global GDP is projected to surge 2.8% in 2026, led by stronger momentum in the US and resilient exports from China, while the euro zone benefits from targeted fiscal support despite longer-term challenges, said Goldman Sachs Research in its new report.
Abu Dhabi National Oil Company has signed a $2 billion green financing deal backed by Korea Trade Insurance Corporation (K-Sure) to fund lower carbon projects across its operations. This marks its first green financing facility backed by a Korean agency.
Abu Dhabi National Oil Company (ADNOC), in partnership with Eni and PTT Exploration and Production Public Company Limited (PTTEP), has signed a landmark structured financing transaction of up to AED40.4 billion ($11 billion) to monetise Hail and Ghasha’s midstream future gas production.
Saudi Arabia has officially completed grid connection of its landmark energy storage system (ESS) project with the nameplate capacity of 7.8GWh.
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.
French water services group Saur has announced that it has secured a major wastewater operations and maintenance contract in Qatar, thus marking a significant milestone in its continued expansion across the Middle East.
Fugro has been awarded a contract with Mubadala Energy (South Andaman) to deliver advanced soil investigation services for the South Andaman Deepwater Development, located offshore Indonesia.
The UAE’s tourism sector attracts entrepreneurs through strong economic impact, government support, and national funding programmes. Initiatives like Khalifa Fund, Mohammed bin Rashid Establishment, RUWAD, and Emirates Development Bank provide financing, training, and advisory services, fostering SMEs, innovation, Emirati talent, and sustainable growth.
National Center for the Development of the Non-Profit Sector (NCNP) has completed one of the fastest ERP implementations in Saudi Arabia’s public sector, deploying key SAP solutions to boost efficiency and data-driven management across its operations.
The Middle East and North Africa (MENA) is entering a decisive, services-led growth phase in its IT sector, as enterprises and governments accelerate large-scale digital transformation initiatives, says a report.
Arsenale, a leading company in the luxury hospitality sector, has announced a strategic agreement with top Italian group Simest for ‘Dream of the Desert’, the first ultra-luxury train to be operated in Saudi Arabia, thus marking its entry into the Middle Eastern market.
The World Green Economy Organisation (WGEO) has launched the ‘Green Circles’ platform, featuring dialogue aimed at unifying the visions and efforts of global leaders, policymakers and business leaders.
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 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.
Kuwait Financial Centre (Markaz) has completed the private placement of the first tranche of bonds with a total value of KWD35 million ($113.92 million) issued under KWD50 million Senior Unsecured Bond Program.
National Center for the Development of the Non-Profit Sector (NCNP) has completed one of the fastest ERP implementations in Saudi Arabia’s public sector, deploying key SAP solutions to boost efficiency and data-driven management across its operations.
Ford Middle East and North Africa has unveiled the new 2026 Ford Everest at the Liwa International Festival, highlighting a Middle East-exclusive 2.7L V6 EcoBoost engine and showcasing the region’s newest off-road-focused variant, the Everest Tremor.
Universal Studios is in early planning stages to build a new theme park in Saudi Arabia, the Wall Street Journal reported on Friday, citing people with knowledge of the matter. The Comcast unit is doing initial concept work for the park.
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.
