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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EDGE has completed the acquisition of a controlling stake in CMD, a leading Italian company specialised in the design, prototyping and development of advanced propulsion systems for automotive, marine and aeronautical applications.
Dubai Chambers has launched “Chamber AI Hub”, the world’s first chamber-led Agentic AI marketplace, enabling companies operating in Dubai to access ready-to-use, specialised Agentic AI solutions that can perform a wide range of administrative and operational tasks.
ADNOC has introduced a new approach to its In-Country Value (ICV) Programme, focusing on accelerating supplier and manufacturer registration and qualification procedures, said a senior official.
The Saudi Energy Company has announced an adjustment to the electricity tariff, in accordance with the governance procedures for adjusting energy and water products prices.
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).
Binghatti Capital Limited, an investment management firm in Dubai, has announced that one of its key funds has achieved a net internal rate of return (IRR) of 194% and a net multiple on invested capital (MOIC) of 2.3x for external limited partners.
Bapco Energies, Bahrain’s integrated energy company, has received the GCC Authorised Economic Operator (AEO) Certificate from Customs Affairs, recognising its compliance with established customs and supply chain security standards.
Vatel Bahrain has organised an educational session for Breast Cancer Awareness Month, bringing together students, faculty and administrative staff to promote early detection and raise awareness of the disease.
Aluminium Bahrain (Alba), one of the world’s largest aluminium smelters, is proud to announce that it has successfully completed its 10th consecutive summer without a single heat-related injury or illness, reinforcing a decade-long track record of disciplined safety execution and preventive risk management.
JetBrains, a global software company, has signed a distribution agreement with Logicom to expand access to its software development portfolio across the GCC countries and the wider Middle East.
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.
The Central Bank of Bahrain (CBB) announced its decision to maintain the overnight deposit interest rate unchanged at 4.50%.
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.
At least 64 people have been killed, officials say, after a Spanish high-speed train collided with another train south of the capital Madrid. With more than 500 passengers travelling on the trains involved in the collision, the death toll is likely to rise, said media reports.
