Iran has announced that commercial shipping through the strategically vital Strait of Hormuz will remain fully open for the duration of the current ceasefire, signalling a potential easing of tensions in one of the world’s most critical energy corridors.
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Saudi Arabia has taken a significant step forward on its long-planned Landbridge railway, awarding Spanish engineering firm Sener the lead design contract for the multi-billion-dollar project linking the Red Sea to the Arabian Gulf, according to published reports.
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Momentum is building toward US-Iran peace talks over the weekend following a possible agreement over Tehran’s nuclear programme and the ceasefire in Lebanon.
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Growth across the Middle East, North Africa, Afghanistan and Pakistan (MENAP) region is set to slow sharply in 2026 following the economic shock triggered by the recent US–Israel–Iran war, the International Monetary Fund has warned.
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Businesses and investors in Saudi Arabia and the UAE are holding firm on their medium-term strategies despite the current situation in the Middle East, supported by intraregional supply chain redesign and increased use of AI, says an HSBC study.
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MGB, a leading construction, property development and IBS precast concrete manufacturer, has secured a key contract from leading Saudi developer Roshn for the construction of 75 villas under its Marafy Al Arous Development Project in Jeddah.
Gulf Air, Bahrain’s national carrier, is gradually resuming flights, aiming to serve over 50 destinations by June 2026. Interim operations continue from King Fahd International Airport until April 30, following Bahrain’s airspace reopening.
Saudi Public Investment Fund's (PIF) tourism, travel, and entertainment ecosystem aims to capitalise on the growing Saudi tourism industry by developing strategic assets that generate reliable returns, improving air‑connectivity and leveraging world‑class events to attract visitors.
Saudi Arabia's Public Investment Fund (PIF) Governor Yasir Al-Rumayyan said NEOM projects are presently being restructured to achieve higher economic efficiency and long‑term financial sustainability.
Saudi Arabia's Public Investment Fund (PIF) has approved its 2026-2030 strategy which focuses on transforming PIF’s portfolio of 13 strategic sectors into six integrated economic ecosystems, strengthening the linkages among them and creating a broader spectrum of partnership and investment opportunities for the private sector.
Fresh diplomatic signals from Tehran and Washington have raised cautious optimism about a potential deal to de-escalate tensions around the Strait of Hormuz and end the war.
Digital Dubai has launched the “AI Workforce Transformation Program (AI+),” a strategic initiative to train 50,000 Dubai Government employees.
UAE developer Amaal has awarded the main contract for Mansory Residences, the world’s first residential tower for the high-end vehicle brand, being set up at an investment of AED1.8 billion ($490 million) in Dubai. Set for completion in 2028, it comprises one- to four-bedroom homes and full-floor penthouses.
Gallega Global Logistics, a multi-sector integrated logistics service provider and a subsidiary of Ghassan Aboud Holding and EasyLease, has launched a new 1 million sq ft secure Finished Vehicles Hub in Jebel Ali Free Zone (Jafza), set to go live in May.
Leading UAE developer Aldar is set to build two integrated communities in Mohamed Bin Zayed City and Baniyas in Abu Dhabi that will deliver 9,000 new residential units across the emirate. With AED2.8 billion ($762 million) gross development value, these projects will add to Aldar’s develop-to-hold pipeline.
Abu Dhabi-based Global South Utilities (GSU) has achieved several major milestones in 2025, including the expansion of its renewable energy portfolio across Africa, thus contributing to powering more than 500,000 homes. In Egypt, it was part of an international consortium to develop a $220m solar plant facility.
Etihad Airways has announced a significant expansion of its Africa network, adding new routes to the Democratic Republic of the Congo, Eritrea, Ghana, Nigeria and Zimbabwe from Abu Dhabi, as part of its continued global growth strategy.
EDGE, one of the world’s advanced technology groups based in UAE, said it has joined hands with Spanish defence major Indra Group to jointly explore the development and production of next-generation radar systems in Brazil. The agreement lays the groundwork for a tripartite strategic collaboration.
Businesses and investors in Saudi Arabia and the UAE are holding firm on their medium-term strategies despite the current situation in the Middle East, supported by intraregional supply chain redesign and increased use of AI, says an HSBC study.
Rolls-Royce Motor Cars has presented Project Nightingale, a Coachbuild Collection, an extraordinary production concept of an open two-seat motor car that introduces a dramatic new expression of Rolls-Royce design.
A controversial new sporting venture is challenging one of the most fundamental principles of modern athletics — the ban on performance-enhancing drugs.
Digital Dubai has launched the “AI Workforce Transformation Program (AI+),” a strategic initiative to train 50,000 Dubai Government employees.
Dubai’s retail and warehouse sectors demonstrated resilience and growth in 2025, backed by strong fundamentals including record tourism, population boom and e-commerce activity. Both sectors, however, faced tightening supply conditions that shaped market dynamics throughout the year, said a report.
Growth across the Middle East, North Africa, Afghanistan and Pakistan (MENAP) region is set to slow sharply in 2026 following the economic shock triggered by the recent US–Israel–Iran war, the International Monetary Fund has warned.
KEO, a leading multidisciplinary consulting firm, and Margulies Hoelzli Architecture (MHA), a leader in data center and mission-critical design, have entered into a strategic partnership to deliver end-to-end data center solutions for developers and investors across the GCC and Europe.
Nissan Motor Co has unveiled a new long-term vision aimed at reshaping its future around artificial intelligence-led mobility and a stronger focus on customer experience.
Art Dubai, held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has announced the preliminary list of participants for its 2026 special edition taking place at Madinat Jumeirah from May 15 to 17 May.
Momentum is building toward US-Iran peace talks over the weekend following a possible agreement over Tehran’s nuclear programme and the ceasefire in Lebanon.
