Nobu Hospitality has partnered with Bahrain-based Infracorp to develop a new luxury destination featuring a Nobu hotel, restaurant and branded residences at Marina Bay, Reef Island, marking the brand's entry into Bahrain.
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US airports have resumed normal operations after a technical failure in air traffic communications and navigation systems likely triggered by efforts to upgrade an ageing communications network operated by Federal Aviation Administration disrupted flights across the country, said a report.
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Flights resume after more than four-hour shutdown triggered by air traffic control communications failure; thousands of cancellations and delays expected to affect airline operations for days
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Outlook, Teams and other Microsoft 365 services remain affected as the technology giant struggles to restore systems after a disruption spanning 74 countries and territories
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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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Oman Investment Authority (OIA), the country's sovereign wealth fund, has signed its largest-ever package of investment agreements in a single day with Chinese institutions and companies, covering sectors including renewable energy, mining, logistics, digital technology, space and financial services.
Bahrain has signed contracts for the fourth phase of its landmark Busaiteen Bridge Project, which is being funded by Saudi Arabia through a grant of over SAR937 million ($250 million) covering all phases of the development. The project will link Muharraq with the capital Manama, through an 8-km-long northern corridor.
UAE developer Mered said it has appointed Dutco Construction as the main contractor for the Phase I of Riviera Residences project on Al Reem Island, Abu Dhabi. The scope of work includes construction and interior fit-out as well as landscaping services at the key waterfront development in the emirate.
Bahrain’s Electricity and Water Authority (EWA) has relaunched an international tender for the development of Bilaj Al Jazayer Independent Power Project (BAJ Solar IPP), a utility-scale solar photovoltaic facility with a planned capacity of up to 100 MWac. It is set for commercial operations on December 31, 2028.
HUMAIN, a PIF company delivering full-stack artificial intelligence capabilities globally, on Thursday announced the launch of HUMAIN+, introducing a new approach to applied AI education designed to transform AI awareness into practical capability and empower individuals and organizations to build, deploy and apply artificial intelligence to real-world challenges.
The Board of Directors of First Abu Dhabi Bank (FAB) has approved a proposal to raise up to AED15 billion ($4.08 billion) through a strategic rights issue, subject to the required shareholder and regulatory approvals.
Oil prices fell by more than $1 a barrel on Thursday as expectations of diplomatic efforts to end the Iran conflict and the Russia-Ukraine war weighed on markets, although continued uncertainty over shipping through the Strait of Hormuz limited the decline.
Mas Engineering & Construction, a leading EPC contractor based in Saudi Arabia, has secured a major contract to develop the Lemar Commercial Complex, a mixed-use project in Riyadh featuring a 22-storey five-star hotel, 10 office buildings as well as more than 50 retail units.
DP World has moved more than one million twenty-foot equivalent units (TEUs) from UAE east coast ports to Jebel Ali and domestic markets by road and rail between the first week of March and the end of October, while accelerating the targeted phased opening of its two Fujairah terminals to 18–24 months.
Nolte Küchen, Germany’s leading premium kitchen brand, opened its flagship showroom on Sheikh Zayed Road in Dubai, ...
Leading Saudi utility major Acwa Power Company has announced that it has reached financial close on the 300MW Bash ...
Qatar Tourism will launch Skeek Al Doha on November 24, 2026, introducing a six-month cultural walking route connec...
Saudi-based Sahara International Petrochemical Company (Sipchem) said it has completed the expansion of propylene a...
Artificial intelligence is moving beyond answering questions and generating content to taking action autonomously -...
The growing relationship between artificial intelligence and energy is reshaping the UAE's investment landscape, as...
Dubai-based RAG Holdings has announced the opening of the Community Arena at its RAG Biz HQ business centre on Shei...
The GCC region’s waste management sector is evolving from municipal services into a promising market for investment...
Amanat Holdings has announced a 16% increase in nine-month (9M) net profit to AED145.3 million ($39.6 million), dri...
Nolte Küchen, Germany’s leading premium kitchen brand, opened its flagship showroom on Sheikh Zayed Road in Dubai, ...
Some of the world’s biggest investment firms are looking to deploy more capital across the Middle East just as gove...
Dubai South, the largest single-urban master development focused on aviation and logistics, has broken ground on Fo...
WSP, one of the world's leading engineering, science and infrastructure solutions firms, has won Project of the Yea...
The General Command of the Bahrain Defence Force (BDF) announced that its air defence systems had intercepted and d...
