US-based Fluor Corporation has announced that it has been awarded a major front-end engineering and design (FEED) contract by Gulf Petrochemical Industries Company (GPIC) for a new aromatics facility located in the Kingdom of Bahrain as part of an expansion of its existing petrochemical complex.
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The ongoing conflict in the Middle East is expected to leave millions more people facing hunger by the end of the decade, threatening to erode recent global progress in tackling food insecurity, according to a new United Nations report.
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The United Arab Emirates has concluded 37 Comprehensive Economic Partnership Agreements (CEPAs) to date, 18 of which have already entered into force, said Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade.
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Saudi Arabia has strongly condemned Yemen's Iran-aligned Houthi movement's threat to impose a shipping blockade on Saudi Arabia in the Red Sea, opening a potentially dangerous new front in the escalating US-Iran conflict.
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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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Dubai Electricity and Water Authority (Dewa) has announced that it has received bids from eight leading contractors for the Hassyan Seawater Reverse Osmosis Phase 2 desalination project, with Binladin Contracting Group emerging as the lowest bidder.
The population of the Gulf Cooperation Council (GCC) states is estimated to have reached around 62.8 million in 2025, an average annual growth rate of 3.5% during the 2022-2025 period, according to data issued by the GCC Statistical Center (GCC-Stat).
Egypt’s Petroleum Ministry has announced that a consortium of Petrojet and ENPPI has secured a six-year engineering, procurement and construction (EPC) framework agreement with Petroleum Development Oman (PDO), covering projects valued at more than $6 billion.
Saudi-based Red Sea Gateway Terminal International (RSGTI) has marked the inauguration of RSGT Bangladesh in Chittagong (Bangladesh), showcasing Saudi Arabia's growing footprint in the operation of ports and terminals.
The UAE has invested more than $85 billion in US energy assets across 19 states, supporting power generation, advanced chemicals, and energy infrastructure. The investments have been made through XRG, ADNOC, and Masdar.
Spain claimed their second FIFA World Cup title on Sunday after defeating defending champions Argentina 1-0 following extra time in a gripping final at New York/New Jersey Stadium.
Oil prices surged above $90 a barrel on Monday as the escalating military confrontation between the United States and Iran heightened concerns over supplies from the Gulf, with shipping through the Strait of Hormuz remaining severely disrupted following another night of attacks.
The risk of the US-Iran conflict escalating into a broader regional war intensified on Monday after the United States carried out a ninth consecutive night of strikes on Iranian targets, prompting fresh missile attacks by Tehran and raising fears that diplomacy may be losing ground to military confrontation.
The UAE's non-oil foreign trade surged by 13% during the first half to hit nearly AED2 trillion ($527.5 billion), driven by a surge in exports, said a report. The country’s non-oil exports jumped 24% from a year to hit AED452.8 billion ($123.3 billion), accounting for 23.4% of total non-oil trade.
US-based Fluor Corporation has announced that it has been awarded a major front-end engineering and design (FEED) contract by Gulf Petrochemical Industries Company (GPIC) for a new aromatics facility located in the Kingdom of Bahrain as part of an expansion of its existing petrochemical complex.
US-based Fluor Corporation has announced that it has been awarded a major front-end engineering and design (FEED) contract by Gulf Petrochemical Industries Company (GPIC) for a new aromatics facility located in the Kingdom of Bahrain as part of an expansion of its existing petrochemical complex.
The UAE has clarified the eligibility criteria for its five-year multiple-entry tourist visa, which allows visitors of all nationalities to enter the country repeatedly without requiring a local sponsor or host.
US-based Fluor Corporation has announced that it has been awarded a major front-end engineering and design (FEED) contract by Gulf Petrochemical Industries Company (GPIC) for a new aromatics facility located in the Kingdom of Bahrain as part of an expansion of its existing petrochemical complex.
The share of professional job vacancies in the Gulf requiring artificial intelligence (AI) skills has nearly tripled over the past four years, but for much of the region's economy the technology has yet to make a meaningful impact on hiring, according to data from Middle East recruitment platform GulfTalent.
Saudi nationals are leading the world in recognising "play" as a vital catalyst for overall human potential, powering everything from physical health and mental happiness to social connections and academic success, according to a research released by Qiddiya City. Globally, adults now spend just two hours a day on leisure and play compared to nearly seven hours on paid work.
Novo Nordisk, a leading global healthcare company headquartered in Denmark, has appointed Venkat Kalyan as the new General Manager for its Gulf operations. An industry veteran, he brings nearly 30 years of experience in the pharmaceutical and healthcare sector to this new role.
Saudi Arabia is embedding AI literacy into its national strategy to support economic growth, workforce upskilling, and responsible AI adoption, according to a new report.
Saudi-based Cenomi Centers has announced that the developer of its Westfield Riyadh project had secured SAR2.7 billion ($720 million) in finance from Riyad Bank which it will use to fund the lifestyle development's remaining construction costs, including a VIP lounge, a luxury retail wing and tenant fit-out support.
Kuwait International Bank (KIB), through its Islamic investment arm KIB Invest, participated as a Joint Lead Manager in the pricing of the third issuance of international sukuk for the Saudi Real Estate Refinance Company (SRC), with a total value of $2.75 billion.
e& UAE and Core42, a G42 company specialising in sovereign cloud, AI infrastructure and digital services, today announced a partnership to deliver Sovereign AI Compute, giving organisations in the UAE and international markets immediate and secure access to in-country AI infrastructure for faster deployment of AI applications and use cases.
Saudi chemicals giant Sabic has signed an agreement with electric vehicle maker Ceer to explore the use of advanced materials in the design and manufacture of EV units in the kingdom.
UFC, the world's premier mixed martial arts organisation, in partnership with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), is kicking off Abu Dhabi Showdown Week on Yas Island with an action-packed programme of fan experiences, athlete appearances and live events ahead of UFC Fight Night: Ankalaev vs Guskov at Etihad Arena on Saturday (July 25).
Dubai’s Highest Court has ruled that a settlement reached between Muslim spouses before a court, cannot later be challenged before a higher court.
