Dubai developer Nakheel has unveiled Palm Springs, a 3.8 million sq m residential masterplan adjacent to Palm Jebel Ali in southern Dubai featuring a mix of villas, townhouses and apartments. Planned for 50,000 residents, it will bring together homes, education, healthcare, sport and leisure facilities across 15 neighbourhoods.
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Dubai master developer Emaar has announced that a new commercial and office district spanning 300,000 sq m is being planned alongside Dubai Square in Dubai Creek Harbour, at a total investment of AED12 billion ($3.27 billion). It will include direct access to two metro stations and Dubai Square, alongside four hotels and three urban parks.
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The GCC countries have signed the landmark General Railway Agreement at a high-profile regional transport ministers' meeting in Bahrain. The Gulf bloc plans to complete a 2,117-km-long railway network connecting all six member states - from Kuwait to Oman - with full operations targeted by 2030-end.
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Ardara, a company of Saudi wealth fund PIF, said early construction works have begun on the first cluster of its AlWadi development in Abha. On completion, the 2-million-sq-m development will boast 7,306 apartments, 90 villas and townhouses as well as 2,783 hotel keys.
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GCC capital markets have witnessed significant development in recent years, driven by governments’ efforts to diversify funding sources and deepen capital markets, said top rating agency Fitch, adding the combined market capitalisation of listed equity markets across the Gulf region stands at around $4 trillion.
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China’s Jereh Oil & Gas Engineering has secured three major oil and gas development packages from ADNOC Onshore with a combined contract value of $2.7 billion. These packages cover Ruwais Diyab unconventional gas project, Bab/North East Bab facilities and Bu Hasa facilities development.
Abu Dhabi's real estate transactions for the first nine months of 2026 surged by 76.1% to hit AED171.26 billion ($46.6 billion) mainly driven by the mortgage activity and a 32% surge in transactions for the period, said a new report. The foreign investment in Abu Dhabi’s investment zones too grew by 131% year-on-year.
Alstom, a global leader in smart and sustainable mobility, has signed a contract worth about €460 million with the Royal Commission for Riyadh City (RCRC) to supply additional driverless metro trains for Riyadh Metro’s orange, yellow and purple lines.
ADNOC Gas has signed a strategic collaboration agreement with Sharjah National Oil Corporation (SNOC) to explore a range of strategic opportunities aimed at strengthening gas supply security and enhancing the flexibility and resilience of the UAE’s energy infrastructure.
UAE energy major ADNOC has announced the signing of a framework agreement for the local manufacturing and supply of reinforced thermoplastic pipes (RTP) with three key Abu Dhabi entities - Eniprom Gas and Oilfield, Al Ghaith Energy and Liwa Petroleum and Industrial Supplies.
Kuwait’s leading low-cost airline Jazeera Airways has begun its in-house ground handling operations in Jazeera Terminal 5 (T5) at Kuwait International Airport. The first flight handled by Jazeera Airways’ ground handling team arrived from Madinah before departing for Lebanese capital Beirut.
UAE-based Al Dhafra Petroleum has signed an AED1 billion ($272 million) agreement with Excel Astra Engineering & Construction to deliver new produced water treatment facilities at the Haliba oil field in Abu Dhabi. It is Al Dhafra Petroleum’s largest design, build and operate agreement to date.
Dubai Electricity and Water Authority (Dewa) said it has signed a AED1.76 billion ($478 million) water purchase agreement with Saudi utility major Acwa for the second phase of its SWRO desalination project at Hassyan complex in Dubai. On completion, the emirate’s desalinated water production capacity will reach 735 MIGD by 2029.
RAK Ceramics, one of the world’s leading lifestyle ceramics brands, reported strong financial results for the third quarter ended September 30, 2026.
Leading UAE developer Damac Properties has entered into a land acquisition agreement with Al Zorah Development Comp...
Action Energy Company (AEC), Kuwait’s leading local partner for integrated upstream services, reported a 62.9% year...
Palazzo Versace Dubai is marking its 11th anniversary with exclusive room offers, giveaways and a competition offer...
Aramex, a global leader in logistics and transportation sectors, has reported a group revenue of AED1.98 billion ($...
Argon & Co Middle East and Slimstock have entered into a partnership to help organisations strengthen supply chain ...
The growing relationship between artificial intelligence and energy is reshaping the UAE's investment landscape, as...
UAE developer H&H said work is in full swing at its premium AED30 billion ($8.16 billion) Dubai Peninsula waterfron...
Cortec Corporation has entered its 50th year of operation, marking five decades of pioneering Vapour phase Corrosio...
KnowBe4, the global leader in digital workforce security, securing both humans and AI agents, is expanding in-regio...
Indian baby care and kidswear brand Popees is preparing for its next phase of growth, with plans to expand its foot...
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has launched ADIB Arrive, a dedicated propo...
Over 1,300 exhibitors from some 50 countries are taking part in the 23rd edition Automechanika Dubai from November ...
WSP, one of the world's leading engineering, science and infrastructure solutions firms, has won Project of the Yea...
A cruise missile and a ballistic missile launched by the Houthi militia towards the Saudi capital Riyadh, along wit...
