DEAL INKED WITH DP WORLD

APM Terminals unit to buy 37.5pc stake in Jeddah Port terminal

Sat, 21 Feb 2026

APM Terminals, an independent subsidiary of Netherlands-based AP Moller-Maersk, has announced that it has sealed a strategic partnership with DP World, a leading provider of smart end-to-end logistics solutions, to acquire a 37.5% stake in the South Container Terminal in Jeddah.

Read more
NO CLARITY ON FTA STATES

Trump imposes 10% global tariff on imports after Supreme Court setback

Sat, 21 Feb 2026

US President Donald Trump has signed an order imposing a new 10% tariff on imports from all countries, invoking Section 122 of the Trade Act shortly after the Supreme Court struck down his earlier sweeping emergency tariffs.

Read more
FDI UP 13% TO $2.23bn

Abu Dhabi’s real estate market delivers record $38.67bn deals

Fri, 20 Feb 2026

Abu Dhabi’s real estate market recorded total transactions worth a record AED142 billion ($38.67 billion) from 42,814 deals in 2025, representing a 44% increase in value and a 52% rise in transaction volume compared to 2024.

Read more
INSIGHT

Non-oil growth: KSA must focus on quality over scale, says PwC

Fri, 20 Feb 2026

Saudi Arabia’s sweeping diversification drive has transformed the structure of its economy, but the next phase must focus on quality and productivity rather than scale, as oil market dynamics continue to shape non-oil performance, according to PwC.

Read more
ANALYSIS

What is the impact of US-Iran tensions escalating?

Tue, 17 Feb 2026

The US has positioned forces in the Gulf region, pressuring Iran to accept a set of US demands. Diplomatic channels remain open, but miscalculation by either party could result in an escalation. CIO Office Viewpoint from Lombard Odier examines the potential implications if US-Iran tensions were to escalate.

Read more

Top This Week

Saudi Arabia leads in green buildings with 1m sq m of certified areas

Thu, 19 Feb 2026

According to the Saudi Green Building Forum’s SAAF conformity and specifications system, Saudi Arabia emerged as a regional leader, achieving the highest performance score of 76.31 points and registering over 1.03 million sq m of certified areas.

US military ready for Iran strike, but Trump yet to make a final call

Thu, 19 Feb 2026

The US military is prepared to strike Iran as early as this weekend, though President Donald Trump has yet to make a final decision on whether he’ll authorise such actions, sources familiar with the matter tell CNN. This comes amid the massive US military buildup in the Middle East, including warships and fighter jets.

Aldar unveils 740-unit Wilds Residences in Dubai

Thu, 19 Feb 2026

Leading Abu Dhabi developer Aldar has announced the launch of The Wilds Residences, a prime project featuring six mid-rise apartment buildings nestled within The Wilds, the company’s landmark nature-driven community in Dubai. It boasts 740 apartments with a mix of one- to three-bedroom units.

GCC residential supply to top 7.28m units by 2030; big growth in office space too

Thu, 19 Feb 2026

GCC residential real estate supply is projected to rise from 6.26 million units in 2025 to 7.28 million by 2030, while office space is set to expand from 33.3 million sq m to 42.4 million sq m over the same period.

Revealed: MOON Smart City masterplan, UAE among possible locations

Thu, 19 Feb 2026

Moon World Resorts, a Canadian-based design studio, has announced the debut of MOON’s revolutionary Smart City masterplan. The masterplan combines a unique integrated destination resort, luxury living, authentic space tourism, wellness + longevity and environmental innovation.

ilmi Science Discovery and Innovation Centre at Misk topped off

Thu, 19 Feb 2026

The ilmi Science Discovery and Innovation Centre at Misk City in Riyadh has reached a major construction milestone with a topping-off ceremony, signalling steady progress on what is set to become one of Riyadh’s landmark developments.

BENEFIT records nearly $100bn in e-transactions across all transfer services

Thu, 19 Feb 2026

Bahrain has seen a significant growth in online payments processed through the Electronic Funds Transfer System (EFTS) across all channels, including banking platforms and the BenefitPay app, said BENEFIT, Bahrain’s leading fintech and electronic financial transactions service provider.

Modon Holding posts strong growth; net profit tops $1bn

Thu, 19 Feb 2026

Modon Holding, international holding company headquartered in Abu Dhabi, delivered exceptional financial performance for the full year 2025 reporting revenue of AED13.8 billion ($3.76 billion) and net profit of AED3.9 billion ($1.06 billion), reflecting a robust operating model and an accelerated execution of its strategy.

ArcelorMittal to set up third manufacturing plant in Sharjah

Wed, 18 Feb 2026

ArcelorMittal Projects, part of the world-leading steel and mining group ArcelorMittal, has announced plans to establish its third plant at the Hamriyah Free Zone in Sharjah, spanning over a 1.4 million sq ft area. The operations are set to begin at the facility later this year.

Safe Dubai 2026 signals new era of structured infrastructure monitoring

Sun, 22 Feb 2026

Senior infrastructure leaders, regulators, consultants and technology experts from across the Middle East were in Dubai for a major forum - Safe Dubai 2026 - to accelerate the region’s shift toward a more structured and unified infrastructure intelligence ecosystem.

Cameroon’s latest licensing round targets upstream growth

Sun, 22 Feb 2026

Cameroon’s National Hydrocarbons Corporation (SNH) has opened a licensing round for nine exploration and production blocks in the Rio del Rey and Douala/Kribi-Campo basins, accepting proposals until March 30, 2026, with awards in April.

Jazeera Airways introduces ‘fly now, pay later’ option

Sun, 22 Feb 2026

Jazeera Airways, Kuwait’s leading low-cost carrier, is the first Kuwaiti airline to launch deema, Kuwait’s first licensed "Buy Now, Pay Later" (BNPL) payment solution.

Safe Dubai 2026 signals new era of structured infrastructure monitoring

Sun, 22 Feb 2026

Senior infrastructure leaders, regulators, consultants and technology experts from across the Middle East were in Dubai for a major forum - Safe Dubai 2026 - to accelerate the region’s shift toward a more structured and unified infrastructure intelligence ecosystem.

Non-oil growth: KSA must focus on quality over scale, says PwC

Fri, 20 Feb 2026

Saudi Arabia’s sweeping diversification drive has transformed the structure of its economy, but the next phase must focus on quality and productivity rather than scale, as oil market dynamics continue to shape non-oil performance, according to PwC.

Aldar unveils 740-unit Wilds Residences in Dubai

Thu, 19 Feb 2026

Leading Abu Dhabi developer Aldar has announced the launch of The Wilds Residences, a prime project featuring six mid-rise apartment buildings nestled within The Wilds, the company’s landmark nature-driven community in Dubai. It boasts 740 apartments with a mix of one- to three-bedroom units.

Gulf Air, Bahrain Airport Company seal landmark investment deal

Sat, 21 Feb 2026

National carrier Gulf Air and Bahrain Airport Company, the operator of Bahrain International Airport, have announced a major milestone in their human capital transformation with the introduction of a market-benchmarked Compensation and Benefits Framework, alongside an enhanced Medical Insurance Program.

NBB, Injaz host digital skills development workshop for students

Sat, 21 Feb 2026

The National Bank of Bahrain (NBB), in collaboration with Injaz, has completed its 'Yalla Learn and Earn' initiative for school students with a Masterclass workshop that combined practical learning with real-world application of budgeting and saving through digital tools.

Italian furniture brand Miki Ferrari opens first Mideast showroom

Mon, 16 Feb 2026

Italian luxury furniture brand Miki Ferrari has entered the Middle East market with the opening of its first regional showroom in Sharjah. The new store showcases its contemporary Italian furniture in a warm and welcoming space reflective of its innovative approach to design and craftsmanship.

UAE emerges Oman's top trading partner in non-oil exports in 2025

Sun, 22 Feb 2026

The UAE topped the list of Oman’s trading partners last year in non-oil exports - including chemicals, metals and machinery - as well as re-export activities, and merchandise imports, said a report. Other prominent trading partners included Saudi Arabia, India, China, Iran and UK.

German group Suse acquires Losant to modernise Industrial IoT

Sat, 21 Feb 2026

Suse, a global leader in enterprise open source solutions based in Germany, has announced the acquisition of Losant, an Industrial Internet of Things (IIoT) platform, in a move aimed at transforming the company from an edge infrastructure provider to a full-stack Industrial IoT leader.

Al Habtoor Motors hosts test drive for the all-new Mitsubishi Destinator

Tue, 17 Feb 2026

Al Habtoor Motors, the exclusive distributor of Mitsubishi Motors in the UAE, recently hosted an immersive driving experience at the prestigious Dubai Autodrome, inviting leading media representatives and digital influencers to get behind the wheel of the All-New Mitsubishi Destinator.

Saudi Arabia, UN working towards new national urban policy

Sun, 22 Feb 2026

Saudi housing ministry, in partnership with United Nations Development Programme and UN-Habitat, aims to set up the National Urban Policy that can serve as a cohesive framework linking economic diversification, housing, infrastructure and environmental sustainability across cities and regions in the kingdom.

Gulf Construction

Calendar of Events

Weather

Weather Data Source: wetterlang.de