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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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.
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.
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.
Muheel, one of Saudi Arabia's premier integrated facilities management providers, said it is leveraging MRI Software's global expertise in real estate and facilities management solutions to accelerate its digital transformation and enhance core service delivery.
Abu Dhabi’s Masdar has announced its first project in Malaysia, with the signing of a power purchase deal to build a 200MW floating solar plant in Pahang State. Once operational, the Chereh Dam facility will become the largest floating solar project in Southeast Asia.
Opening early 2026, Miraval The Red Sea will mark industry pioneer Miraval Resorts & Spas’ first destination outside of the US, set across three million square feet along The Red Sea coastline and framed by mangroves, lagoons, and crystalline waters.
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.
The Qatar International Food Festival (QIFF) will return from January 14 to January 24, 2026, for its 15th edition, Visit Qatar has announced.
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.
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.
Nomura has opened its new premises in Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA).
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.
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.
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.
