Mace Consult, a leading global delivery consultancy, has been appointed as the procurement advisory consultant for Saudi Arabia's most ambitious event - Expo 2030 Riyadh. Under this deal, Mace will be supporting the effective management and delivery of procurement activities across the programme.
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etisalat reported consolidated revenue of AED19.5 billion ($5.31 billion) for the third quarter (Q3), growing 6.9% year-over-year (YoY). Consolidated revenues for the first nine months of 2026 reached AED57.6 billion ($15.68 billion), up 10 per cent YoY.
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Brent crude climbed above $115 a barrel on Wednesday as continued Houthi attacks on Saudi Arabia renewed concerns over potential disruptions to Middle East oil supplies, reversing some of the previous session’s losses as diplomatic efforts to ease regional tensions continued.
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High-level meeting in Tehran ends with agreement to continue dialogue on regional peace and security, even as Houthi attacks on Saudi Arabia intensify and Egypt signals readiness to support the kingdom's defence.
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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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King Khalid International Airport in Riyadh has resumed limited operations, two weeks after a deadly Houthi missile attack forced its closure, even as the Saudi-led coalition launched military operations against the Iran-backed group in Yemen, destroying missile launchers.
Bahri, a global leader in transportation and logistics, has awarded a SAR1.7 billion ($446 million) contract to International Maritime Industries (IMI), an integrated maritime facility in the Mena region, for the construction of three Very Large Crude Carriers (VLCCs), each with a 320,000 deadweight tonnes (DWT) capacity.
US intelligence agencies have warned that Iran has substantially stepped up efforts to target American diplomats and officials in the Middle East and other countries, with some plots reaching advanced stages, according to an intelligence memorandum obtained by Axios.
Kuwait's National Mobile Telecommunications Company (Ooredoo) has delivered solid results for the nine-month period ended September 30, 2026 posting a 6% increase in its consolidated revenue which rose to KD608 million ($1.9 billion) supported by strong underlying business performance.
Omani investment group Mubbadrah Investment has announced that its consortium - comprising local and international companies - is set to develop an artificial intelligence (AI) data centre in the sultanate at a total investment of over $3 billion. Once completed, it will have a capacity of up to 400 megawatts (MW).
MAHY Khoory Group, one of the UAE’s longest-established diversified business groups, has announced plans to develop PM4, a paper manufacturing project incorporating the latest global technologies, at Union Paper Mills’ (UPM) Al Dhafra plant in Abu Dhabi, with an investment exceeding AED 1 billion ($272.2 million).
Sugee Group, a leading international real estate developer with nearly four decades of experience, has announced a strategic partnership with Wyndham Hotels & Resorts to develop the world’s first Vienna House branded residences on Al Marjan Island in Ras Al Khaimah.
The Gulf Cooperation Council (GCC) is emerging as a major data centre growth market, with more than 174 active projects representing over $93 billion in investment. Artificial intelligence (AI), cloud computing and digital transformation are driving demand for new capacity, according to MEED.
The UAE plans to invest an additional $15 billion in Greece over the next five to eight years, targeting energy, hospitality, artificial intelligence, technology, industry and infrastructure, according to Dr Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade.
DETech Contracting, a leading infrastructure and construction company based in UAE, said it has secured stormwater drainage contracts worth AED2.1 billion ($572 million) from Dubai Municipality under the Tasreef Programme. The scope of work includes adding 100km of main drainage lines to the network.
Southeast Asia could increase its installed renewable energy capacity to nearly three terawatts by 2050 through cumulative investment of $2.5 trillion, strengthening energy security, supporting industrial growth and reducing reliance on fossil fuel imports, according to the International Renewable Energy Agency (IRENA).
The International Air Transport Association (IATA) has called on airlines to turn advances in digitalisation across retailing, payments and digital identity into improved passenger experiences and greater financial resilience.
The Federation of UAE Chambers of Commerce and Industry has announced the establishment of the UAE–Burundi Business Council, aimed at advancing trade and economic cooperation between the two countries’ business communities.
As cyber threats grow and digital technologies become more pervasive, businesses are increasingly using AI to strengthen cybersecurity, while individuals are taking greater control of their personal data through privacy-enhancing tools, new OECD data show.
Apollo Global Management's strategic investment in Mubadala Capital marks another milestone in the UAE's emergence as a major global centre for alternative investments.
talabat has partnered with Qatar Airways Privilege Club to introduce a new Card-Linked Offers (CLO) programme in Kuwait, allowing customers to earn Avios on everyday purchases through the food delivery platform.
Amanat Holdings has said its wholly-owned subsidiary, Cambridge Health Group (CHG), has completed the 100% acquisition of Cornerstone Healthcare Holdings Limited from Ignite Growth.
The General Administration of Abu Dhabi Customs ranked eighth in the large category of the Best Workplaces in the Middle East 2026 list, published by Great Place To Work, the global authority on workplace culture.
Telr, a regulated regional payments provider with acquiring and payment capabilities across key Middle Eastern markets, has partnered with CreditPool to introduce Telr Multi-Card Payments.
Diriyah Company has announced that it has secured a SAR2 billion ($533 million) funding from Arab National Bank towards the development of its growing portfolio of multiple branded residential projects across its 14-sq-km Diriyah and 62-sq-km Wadi Safar masterplans.
The Saudi Ministry of Commerce has announced the recall of 2,888 Lucid Air vehicles from model years 2023-2026 due to a defect in the external lighting electrical circuit.
Mace Consult, a leading global delivery consultancy, has been appointed as the procurement advisory consultant for Saudi Arabia's most ambitious event - Expo 2030 Riyadh. Under this deal, Mace will be supporting the effective management and delivery of procurement activities across the programme.
High-level meeting in Tehran ends with agreement to continue dialogue on regional peace and security, even as Houthi attacks on Saudi Arabia intensify and Egypt signals readiness to support the kingdom's defence.
