FIRMS CAN GROW IN LINE WITH DEMAND

KEZAD Group launches pay-as-you-grow Metal Park in Abu Dhabi

Fri, 23 Jan 2026

Khalifa Economic Zones Abu Dhabi – KEZAD Group has announced the launch of Metal Park, the world’s first pay-as-you-grow metals ecosystem in Abu Dhabi.

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5% SHARE OF GDP

Saudi Arabia invests $400bn in tourism sector: Minister

Fri, 23 Jan 2026

Saudi Arabia has become a major global player in tourism, with the sector now contributing approximately 5% of the kingdom’s GDP and accounting for nearly 5% of total employment, said Ahmed Al-Khateeb, Minister of Tourism of the Kingdom of Saudi Arabia.

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FOCUS ON AI, ENERGY TRANSITION

WEF to launch 5 new Centres for Fourth Industrial Revolution - 2 of them in Abu Dhabi

Fri, 23 Jan 2026

World Economic Forum (WEF) will establish five new Centres for the Fourth Industrial Revolution (C4IR) - two of them in the United Arab Emirates capital of Abu Dhabi.

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INSIGHT

Why the US dollar is under pressure in 2026?

Thu, 22 Jan 2026

As we move into early 2026, the US dollar is facing growing challenges. Its recent weakness isn’t just part of a normal economic cycle, but it reflects rising political uncertainty and shifting global confidence in the United States.

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INSIGHT

93% of Gulf CEOs see strong economic growth this year

Tue, 20 Jan 2026

Middle East CEOs remain among the most confident globally, with 88% expecting economic growth to strengthen in their own territories, and this is even higher at 93% across the GCC, compared with just 55% of CEOs globally, according to a PwC report.

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Top This Week

HUMAIN, Infra announce $1.2bn AI projects funding plan

Thu, 22 Jan 2026

HUMAIN, a Saudi Public Investment Fund (PIF) Company, and the National Infrastructure Fund (Infra) have announced a Strategic Financing Framework Agreement of up to $1.2 billion to support the expansion of AI and digital infrastructure projects in Saudi Arabia.

Tawazun signs $642m MoD deals at UMEX & SimTex

Wed, 21 Jan 2026

Tawazun Council for Defence Enablement has announced a new series of contracts concluded on behalf of the Ministry of Defence on the second day of UMEX and Simtex 2026 event.

ADIB posts record net profit before tax of $2.2bn in 2025, up 18%

Wed, 21 Jan 2026

Abu Dhabi Islamic Bank (ADIB) has reported another year of exceptional financial performance, delivering record earnings in 2025 on the back of strong balance sheet expansion, rising business momentum and sustained customer acquisition across key segments.

Object 1 enters major multi-plot land deal on Abu Dhabi’s Al Reem Island

Wed, 21 Jan 2026

Object 1, a key real estate developer, has closed a AED4.5 billion ($1.22 billion) multi-plot land deal in Abu Dhabi, marking a significant step forward in its expansion into the capital. The developer has acquired four waterfront plots on Al Reem Island with a development area of over 2 million sq ft.

Tata Projects named EPC partner for SAF One Middle east project

Wed, 21 Jan 2026

India's Tata Projects has been selected by SAF One Energy Management as its engineering, procurement and construction partner for a key sustainable aviation fuel project in the Middle East. The scope includes delivery of integrated, scalable project solutions and construction methodologies.

Ras Abu Fontas Power gets $990m Japanese funding for major Qatar project

Wed, 21 Jan 2026

Ras Abu Fontas Power, a Qatari project company backed by Asian industry heavyweights, has entered into an agreement with the Japan Bank for International Cooperation (JBIC) to secure financial facilities worth $990 million for the expansion of its desalination and power plant units.

United Gulf Construction secures $317m Kuwait water project contract

Wed, 21 Jan 2026

Kuwait-based United Gulf Construction Company has secured a major contract worth KD97.4 million ($317 million) from Ministry of Electricity & Water & Renewable Energy for the construction, maintenance and development of key facilities at its Doha Water Distribution Complex.

Era of the ‘linear career’ in finance is over, says new report

Wed, 21 Jan 2026

By 2035 how, when and where finance professionals work, as well as the nature of the work itself, will look very different, says a new survey by ACCA (the Association of Chartered Certified Accountants).

United Solar secures $900m financing for Oman polysilicon facility

Wed, 21 Jan 2026

United Solar Holding today announced that its wholly-owned subsidiary, United Solar Polysilicon (USP), has secured over $900 million to complete financing for its state-of-the-art polysilicon facility in Oman.

THi begins construction of Ras Al Khaimah Smart Manufacturing Industrial Park

Fri, 23 Jan 2026

THi Holding Management Corporation (THi) marked a major milestone with the groundbreaking of the THi Ras Al Khaimah Smart Manufacturing Industrial Park, officially commencing construction of its first industrial park project in the Middle East.

$2.6bn deals signed to develop CCGT projects in Misfah, Duqm

Thu, 22 Jan 2026

Nama Power and Water Procurement signed power purchase agreements with a Nebras-led consortium and a KOWEPO-led consortium for the development of combined cycle gas turbine (CCGT) power generation projects in Misfah and Duqm respectively, with a total investment value of approximately RO 1 billion ($2.6 billion).

Saudi Arabia invests $400bn in tourism sector: Minister

Fri, 23 Jan 2026

Saudi Arabia has become a major global player in tourism, with the sector now contributing approximately 5% of the kingdom’s GDP and accounting for nearly 5% of total employment, said Ahmed Al-Khateeb, Minister of Tourism of the Kingdom of Saudi Arabia.

Solution to manufacturers’ workforce woes lies in AI-supported planning

Fri, 23 Jan 2026

For many manufacturers, the workforce challenge is less about having too few people and more about not having the right people, in the right place, at the right time.

NBA, DCT Abu Dhabi in long-term deal to bring more NBA Games, events to UAE

Fri, 23 Jan 2026

The National Basketball Association (NBA) and the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) have announced an extension of their existing collaboration that will feature preseason NBA Global Games, expanded marketing activities, and the launch of an NBA Global Academy in the UAE capital.

UAE wins bid to host World Congress of Military Medicine 2026

Fri, 23 Jan 2026

The United Arab Emirates (UAE) has been awarded the hosting rights for the 46th World Congress of Military Medicine 2026 (ICMM), scheduled to take place from November 9 to 13, 2026 in Abu Dhabi.

AI ‘tsunami’ about to hit jobs, warns IMF chief

Thu, 22 Jan 2026

A tsunami is hitting the labour market as AI is quickly reshaping economies; while some roles grow, others will disappear, warned Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF).

Canon makes two key leadership appointments

Fri, 16 Jan 2026

Canon has made two key leadership appointments covering its EMEA and Central and North Africa regions.

UAE attracted $45bn FDI in 2025, up 50%

Thu, 22 Jan 2026

The UAE attracted over $45 billion in foreign direct investment last year, up nearly 50% year-on-year, even as global FDI declined by 11%, said a senior official.

Network International appoints new Group CFO

Thu, 22 Jan 2026

Network International (Network), a leading fintech company across the Middle East and Africa, has appointed Ashish Jain as its Group Chief Financial Officer (CFO).

UAE-based Titan Lithium to supply lithium to Mercedes-Benz

Thu, 22 Jan 2026

Titan Lithium Industries Ltd, the UAE’s flagship lithium refinery, has signed a supply framework agreement with Mercedes-Benz AG to supply battery-grade lithium for the automaker’s global electric-vehicle portfolio.

5 artists shortlisted for Ithra Art Prize

Fri, 23 Jan 2026

The King Abdulaziz Center for World Culture (Ithra) has shortlisted five artists for the seventh edition of the Ithra Art Prize, which celebrates artists from or based in the 22 Arab countries, one of the most established art awards in the Middle East and the Arab region. '

Forbes launches new global strategic initiative at Davos 2026

Mon, 19 Jan 2026

Forbes Middle East has announced the launch of a new global strategic initiative at the ongoing World Economic Forum Annual Meeting in Davos 2026. The initiative underscores the region’s growing influence in shaping global economic dialogue and contributing to future-focused international agendas.

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