Saudi Arabia's National Water Company plans to tender later this year 51 sewage treatment plants with a total treatment capacity of 888,000 cu m per day. These projects will see private-sector partners undertake the rehabilitation, operation and maintenance services for a 15-year period.
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The UAE’s development drive will continue without waiting for “perfect conditions,” with the government moving ahead with major projects, economic initiatives and reforms, Vice President and Prime Minister HH Sheikh Mohammed bin Rashid Al Maktoum said on Wednesday.
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The global economy has proved more resilient than expected in the face of the energy supply shock triggered by the conflict in the Gulf, with global growth for 2026 holding at around 3%, International Monetary Fund Managing Director Kristalina Georgieva said.
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Arada, one of the world’s fastest-growing master developers, has announced its entry into the Syria through a joint venture with the state-owned Syrian Sovereign Fund. The joint venture’s first project will be the development of a major new fully integrated city on a four million square metre site west of Damascus.
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Oil prices are climbing once again, and with them, fears that inflation could make an unwelcome return. Renewed tensions between the US and Iran have shifted investors' attention back to the impact of higher energy costs on the global economy, said a leading global market strategist.
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Risks to some issuer ratings in Gulf Cooperation Council (GCC) states could increase under a hypothetical scenario in which traffic through the Strait of Hormuz is disrupted through most of 2027, Fitch Ratings says in a new report.
Sohar International and National Bank of Oman (NBO) have agreed a $720 million syndicated refinancing facility for Phoenix Power Company SAOG (PPC), following the 15-year extension of its Power Purchase Agreement (PPA) with Oman Power and Water Procurement Company (OPWP).
The number of new economic licences issued to Emirati businesswomen in Abu Dhabi rose 6.4% in the first half of 2026, highlighting the growing role of women entrepreneurs in the emirate’s economy.
Damac Properties, the largest private real estate developer in the UAE and the Middle East, is currently celebrating the handover of more than 50,000 homes.
Lenovo, a global technology powerhouse and the world's largest personal computer vendor, has unveiled its first laptop manufactured in Saudi Arabia.
Amazon Web Services (AWS) has announced at LEAP in Riyadh that its first AWS Cloud Infrastructure Region in Saudi Arabia is on track to launch in December 2026.
Oil prices rose on Tuesday as renewed military tensions between the United States and Iran revived concerns that the conflict could continue to disrupt crude supplies from the Middle East.
Marking the start of its fifth edition, LEAP opened on Monday with more than $15 billion in technology investments and strategic commitments, reinforcing the event's position as a global launchpad for innovation and reflecting the rapid growth of Saudi Arabia's technology sector since the inaugural edition in 2022.
The United Arab Emirates has strongly condemned the hostile Iranian attack on the country involving a drone that was intercepted by air defence systems over UAE territorial waters.
Saudi Arabia's National Water Company plans to tender later this year 51 sewage treatment plants with a total treatment capacity of 888,000 cu m per day. These projects will see private-sector partners undertake the rehabilitation, operation and maintenance services for a 15-year period.
PVFARM has launched the commercial version of Re Pilot, its platform for utility-scale solar + energy storage project optimisation. The Re Pilot enables developers, EPCs and storage specialists to evaluate thousands of utility-scale solar and co-located solar-plus-storage configurations in a single workflow.
Embraer, a leader in aerospace sectoindustry, celebrated the delivery of its 2,000th E-Jet, a landmark achievement that underscores the success of one of the world’s three largest commercial jet families. The E195-E2 jet was delivered to Brazil’s top airline Azul Linhas Aéreas.
Embraer, a leader in aerospace sectoindustry, celebrated the delivery of its 2,000th E-Jet, a landmark achievement that underscores the success of one of the world’s three largest commercial jet families. The E195-E2 jet was delivered to Brazil’s top airline Azul Linhas Aéreas.
About 80% of organisations expect AI spending to increase over the next two years, yet more than half struggle to operationalise the business knowledge AI needs to deliver business value, finds a new study.
The fifth auction held as part of the 23rd edition of the Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX) 2026 attracted remarkable turnout, culminating in the sale of a Qarmousha Pure Ultra White falcon for AED1.5 million ($408,000).
EYWA Way of Water, a waterfront residential project featuring 65 luxury residences in Dubai's Business Bay district, is targeting certification for electromagnetic exposure alongside top international wellness and sustainability standards. The premium development is due for completion in 2028.
Qualcomm Technologies International and King Abdullah University of Science and Technology (KAUST) today announced a strategic collaboration designed to strengthen Saudi Arabia’s leadership in 6G innovation and artificial intelligence (AI).
Hassan Allam Holding has announced that its key subsidiary, Kortech has won the MEP works contract from Saudi Entertainment Ventures (SEVEN )for its premium Al Khobar Entertainment Complex. The scope of work includes an underground car park, family entertainment centre as well as a cinema.
First Abu Dhabi Bank (FAB) has done live USD transactions at scale as part of Swift’s Ledger Minimum Viable Product (MVP), using tokenised deposits and Swift smart contract settlements.
Saudi telco stc said it has signed a strategic reseller partnership deal with UiPath aimed at delivering enterprise-grade Robotic Process Automation (RPA) and cutting-edge automation technologies. The partnership positions stc Bahrain as an end-to-end automation services provider.
Nissan Motor and Honda Motor have entered into a joint development agreement to standardise multiple electronic control units (ECUs) that form the core of next-generation software-defined vehicles (SDVs). Also covered are the in-vehicle operating system and key parts of the middleware and vehicle control software that run on these ECUs.
Adobe, a global technology leader, has announced an expanded partnership with the Saudi Ministry of Communications and Information Technology (MCIT) and HUMAIN, a PIF company, delivering full-stack artificial intelligence capabilities globally.
The UAE’s development drive will continue without waiting for “perfect conditions,” with the government moving ahead with major projects, economic initiatives and reforms, Vice President and Prime Minister HH Sheikh Mohammed bin Rashid Al Maktoum said on Wednesday.
