Commodity prices are set to rise 23% in 2026 as global shocks mount, according to the World Bank Group’s latest Commodity Markets Outlook, released on Wednesday.
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Oil prices declined on Thursday, reversing some of the previous session’s gains, as renewed diplomatic efforts to end the conflict involving Iran tempered concerns over potential supply disruptions amid continuing Houthi attacks in the region.
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Oman's Public Authority for Special Economic Zones and Free Zones (Madayn) has signed 28 investment agreements worth more than RO304 million ($790 million) to establish new projects and expand existing operations across its special economic zones, free zones and industrial cities, said a top official.
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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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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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Abu Dhabi authorities have announced plans to open a seven-bridge network connecting Ramhan and Jubail islands to Sheikh Khalifa bin Zayed Highway (E12) in Q2 2027. Spanning over 166,000 sq m, the AED872 million ($237 million) project will include three tunnels, ramps and roads as well as utility corridors
AHS Properties is set to launch AHS Twin Towers, its new $1.3 billion commercial development on Dubai's Sheikh Zayed Road.
Moon World Resorts (MWR) has appointed Smith + Andersen, one of Canada’s largest integrated engineering firms, to provide mechanical, electrical and integrated systems engineering plus sustainable design consulting through its Footprint practice, for all its MOON Smart City masterplans.
Bahrain is set to welcome an exclusive gathering of ministerial and senior government officials, visionary chief executives, and influential voices for the fourth edition of Gateway Gulf, taking place on November 1 and 2 at the Four Seasons Hotel, Bahrain Bay.
ADIB, a leading UAE-based bank, maintained strong and sustainable growth momentum in the first nine months of 2026, with profit before tax increasing 6% year-on-year to AED6.4 billion ($1.74 billion).
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.
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.
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.
Leading real estate expert Cavendish Maxwell has appointed David McCormack as the new director of capital markets. An industry veteran with nearly 25 years of real estate experience, including 18 in UAE, McCormack brings extensive expertise in investment transactions, asset repositioning and strategic real estate advisory.
Emirates Petroleum Company (Emarat) has signed an MoU with Microsoft to explore how AI can reshape workforce productivity and strengthen enterprise readiness.
Etihad Airways, the national airline of the UAE, and STARLUX Airlines have announced the expansion of their loyalty partnership, introducing two-way mileage redemption and accrual services for members of both frequent flyer programmes.
The first day of the inaugural Forbes Middle East Family Business Summit highlighted the role of family enterprises in driving economic growth and strengthening private-sector competitiveness.
Emirates Petroleum Company (Emarat) has signed an MoU with Microsoft to explore how AI can reshape workforce productivity and strengthen enterprise readiness.
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.
Cleveland Clinic Abu Dhabi has highlighted the importance of a personalised approach to complex plasma cell disorders through the treatment of two patients with markedly different journeys.
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.
Commodity prices are set to rise 23% in 2026 as global shocks mount, according to the World Bank Group’s latest Commodity Markets Outlook, released on Wednesday.
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.
Remat Al-Riyadh Development Company, the development arm of Riyadh Municipality, has signed a contract with International Modern Industries Company for the development and operation of the first phase of an alternative mobility network spanning about 22 km in the Saudi capital.
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.
The United Arab Emirates has urged dialogue and adherence to international law to address the ongoing crises in the region.
