The US military is preparing for sustained, weeks-long operations against Iran if President Donald Trump orders an attack, reported Reuters, citing two US officials. The Pentagon is sending an additional aircraft carrier to the Middle East adding thousands more troops along with fighter aircraft.
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IHC, the global investment company focused on building dynamic value networks, on Friday announced the plan to launch Judan Financial Holding, a new international financial services holding company that will serve as the dedicated platform for IHC’s rapidly expanding financial services portfolio.
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In a surprise leadership overhaul, Sultan Ahmed bin Sulayem, long the face of Dubai’s global trade empire, has been removed from his positions as Group Chairman and CEO of DP World — and divested of his chairmanship of the Ports, Customs and Free Zone Corporation.
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The UAE and Saudi Arabia have emerged as the clear leaders of the GCC IPO market, setting the benchmark for scale, sophistication, and investor expectations across the region, according to a new Viewpoint by Arthur D Little.
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Construction costs are expected to rise in the Middle East this year, increasing by around 4% in Saudi Arabia and 3% in the UAE. Across key sectors, demand remains strong, but delivery conditions are becoming more complex, says a new report.
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Kerno Enterprises, the UAE’s enterprise-level IT hardware manufacturer, hosted an invite-only tour of its upcoming manufacturing facility in Dubai Silicon Oasis (DSO) on February 10.
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East, and Africa, recorded full-year 2025 revenues of AED54.8 billion ($14.92 billion), broadly in line with the prior year.
The UAE has taken a decisive step into regulated digital currency infrastructure after the Central Bank of the UAE (CBUAE) approved the launch of the dirham-backed stablecoin, DDSC, paving the way for institutional-grade blockchain-based payments in the country.
ADNOC Drilling Company today announced record fourth quarter (Q4) and full year (FY) 2025 results, marking a step change in scale, technology-enabled performance and excellence in execution. The company's revenue totalled $4.9 billion, up 22% year-on-year (YoY); EBITDA was $2.2 billion, an increase of 9% YoY; and net profit hit $1.45 billion, a growth of 11% YoY.
Indra, a Spanish aerospace, defence and mobility systems group, has announced that it has secured the renewal of its operation and maintenance contract for the Haramain High-Speed Line project from Saudi Arabia Railways (SAR) for another five-year term.
AirAsia X (AAX) has announced two international routes linking Kuala Lumpur to Bahrain and onward to London Gatwick (KUL–BAH–LGW), strengthening its global expansion strategy. Starting June 26, 2026, the service makes Bahrain its first global hub and marks the airline’s second Fifth-Freedom route beyond Asia.
Gulf Hotels Group (GHG) has signed an MoU with Burhan Hotels to enter Saudi Arabia, covering three Makkah hotels with around 1,000 rooms. GHG will operate and manage the properties, oversee renovations and repositioning, and pursue partnerships with international hotel brands as part of its expansion strategy.
The Dubai real estate market recorded the highest single-day real estate transaction value in its history on January 26 of AED15.6 billion ($4.25 billion), data released by the Dubai Land Department said.
The MENA region recorded a robust 26% rise in merger and acquisition (M&A) activity with 884 deals, compared to 701 in 2024 with the total deal value reaching $106.1 billion, according to the EY MENA M&A Insights 2025 report.
Sustainable Infrastructure Holding Company (Sisco) said one of its portfolio companies, Green Dome Investments (GDI), has acquired 100% stake in Transcorp International, a leading provider of smart cold-chain logistics solutions, based in Dubai.
Saudi Electricity Company (SEC) has signed a SAR16 billion ($4.27 billion) shari’ah-compliant financing facility with a group of regional banks including Saudi National Bank, Al Rajhi, Banque Saudi Fransi and Qatar International Islamic Bank, to refinance its existing debt.
Kuwait Financial Centre (Markaz) said it has executed a voluntary acquisition offer worth KD64.12 million ($208.6 million) on behalf of Boodai Reliance Real Estate to boost its stake in Jazeera Airways. Following this, Boodai Reliance’s total ownership in the Kuwaiti airline has risen to 72.26%.
Sustainable Infrastructure Holding Company (Sisco) said one of its portfolio companies, Green Dome Investments (GDI), has acquired 100% stake in Transcorp International, a leading provider of smart cold-chain logistics solutions, based in Dubai.
The MENA region recorded a robust 26% rise in merger and acquisition (M&A) activity with 884 deals, compared to 701 in 2024 with the total deal value reaching $106.1 billion, according to the EY MENA M&A Insights 2025 report.
Egyptian group Hassan Allam Holding has announced that its key unit, Grova Developments, has teamed up with Tilal Real Estate for the launch of Noor Khuzam, a fully integrated SAR3.3 billion ($879 million) residential community featuring over 3,018 housing units spread across 228,000 sq m area in Riyadh.
ROSHN Group, Saudi Arabia’s leading multi-asset class developer and a Public Investment Fund (PIF) company, has been announced as the first organisation in Saudi Arabia and the GCC region to secure certification for carbon management in buildings and infrastructure from BSI, the business standards and improvement company.
Al Tamimi & Company has appointed Dr Bashayer Al Majed as its senior counsel, reinforcing the top law firm’s commitment to combining regional strength with deep national insight. In this role, she will support the firm on policy-making initiatives, FDI and strategic advisory work.
Indian jewellery group Tanishq has announced its foray into Dubai South with its debut store at Ibn Battuta Mall. Spanning 2,000 sq ft, the new outlet represents a key addition to Tanishq’s growing retail network and reflects the pace at which the brand is boosting its presence across the emirates.
Kuwait International Bank (KIB) has announced the signing of a strategic co-operation agreement with ACICO Group, a leader in the construction and industrial sectors, to provide affordable financing solutions for citizens to build their residential plot.
Ericsson and specialized by stc have announced the signing of a memorandum of understanding (MoU) to accelerate the development of advanced mission critical communication capabilities that support Saudi Arabia’s national public safety ecosystem.
Baidu and Uber Technologies will roll out the Apollo Go autonomous ride-hailing service in Dubai as early as next month, as part of their partnership with Dubai’s Roads and Transport Authority (RTA).
Messe Frankfurt Saudi Arabia and the Saudi Aviation Club have announced the launch of AERO Middle East x Sand & Fun 2026, a landmark aviation platform.
The European Commission has announced it will look into allowing certain non-EU professionals to stay in the EU beyond the current 90/180-day rule, as part of a future overhaul of its visa system, a report said.
