Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, has signed an agreement with Majid Al Futtaim, a leading mall developer and leisure pioneer in the region, to develop a landmark mixed-use master community at an investment of AED62 billion ($16.8 billion).
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US President Donald Trump said on Monday he had paused a planned attack against Iran after Tehran sent a peace proposal to Washington, and that there was now a "very good chance" of reaching a deal limiting Iran's nuclear programme.
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Pakistan has conveyed to the United States a revised Iranian proposal aimed at ending the Middle East conflict, a Pakistani source told Reuters on Monday, after US President Donald Trump rejected Tehran’s earlier plan as unacceptable.
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Emirates has broken ground on its new $5.1 billion engineering complex at Dubai South slated to become the world’s most modern and advanced maintenance, repairs and overhaul (MRO) facility, cementing Emirates' and Dubai's leadership in global aviation capability and infrastructure.
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Dubai is rapidly evolving beyond its traditional reputation as the “City of Gold”, with industry leaders now suggesting the UAE could emerge as one of the world’s most influential centres for physical gold trading, compliant bullion transactions, and potentially even future pricing power.
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UAE-based Trojan Construction Holding has joined hands with Orascom Construction for the establishment of a new company - Everwater for Treatment Systems - headquartered in Abu Dhabi dedicated to delivering EPC and O&M services for large-scale water infrastructure projects across the region.
Warning signs of a regional escalation emerged on Sunday as US President Donald Trump intensified his rhetoric toward Iran, the United Arab Emirates reported a drone strike near its Barakah Nuclear Power Plant, and Saudi Arabia said it had intercepted three drones that entered its airspace from Iraq.
Based on the confirmed legal sighting of the crescent moon, the UAE Council for Fatwa announced that Monday, 18th May, will mark the first day of Dhul Hijjah 1447 AH, while Wednesday, 27th May, will be the first day of Eid Al Adha in the UAE.
The Saudi Supreme Court has announced the sighting of the crescent moon in the kingdom marking the beginning of Dhul Hijjah for the year. Based on the legal sighting of the crescent moon, the Court declared May 27 as the first day of Eid Al Adha which will be celebrated across the Middle East.
Webuild, a global leader in the design and construction sector, has announced that it has successfully completed the work on the Western station of Riyadh Metro network. With the bringing into service of this station, the entire line of the Italian builder's 22-station network on the Orange line is officially complete.
A fire broke out after a drone strike in an electrical generator outside the inner perimeter of the Barakah Nuclear Power Plant in the Al Dhafra Region in the UAE.
Adnoc listed companies reported resilient Q1 2026 results, generating combined revenues of $11.8 billion, EBITDA of $3.7 billion and net profit of $2.2 billion across six portfolio companies.
The world’s tallest, largest and smartest net-positive government building - Al Shera’a - was inaugurated in Dubai by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Friday.
Dubai’s Roads and Transport Authority (RTA) has completed 80% of Al Khaleej Street Tunnel Project, which extends 1,650 metres from the end of Infinity Bridge ramp in Deira to the intersection of Al Khaleej Street and Al Wuheida Street.
Leading real estate expo Cityscape Global 2026 will be back in Riyadh this November, bringing together investors, developers, policymakers and industry leaders from across the globe as Saudi Arabia continues to expand investment in real estate and urban development under its economic transformation plans.
The latest developments in the Middle East have pushed oil higher again, reintroducing some of the “war trades” that had faded in recent weeks. Markets are still being driven by a tug-of-war between strong fundamentals and rising macro risk, but the tone has become more cautious over the past 24 hours, said an expert.
The Chedi Al Bait has received the internationally recognised Green Key certification, underscoring the hotel’s commitment to sustainable hospitality and the United Nations Sustainable Development Goals.
Leading real estate expo Cityscape Global 2026 will be back in Riyadh this November, bringing together investors, developers, policymakers and industry leaders from across the globe as Saudi Arabia continues to expand investment in real estate and urban development under its economic transformation plans.
Dubai is rapidly evolving beyond its traditional reputation as the “City of Gold”, with industry leaders now suggesting the UAE could emerge as one of the world’s most influential centres for physical gold trading, compliant bullion transactions, and potentially even future pricing power.
Leo & Loona Kids Park has opened at The Avenues Mall Bahrain, introducing one of the region’s leading indoor family entertainment concepts to the Kingdom.
GymNation, an upcoming gym operator, has secured a $100 million private credit facility from certain funds and entities controlled by HPS Investment Partners, a part of global asset manager BlackRock, in one of the first regional investments of its size since the Iran conflict commenced.
Aramex, a leading global provider of logistics and transportation solutions, has appointed Archer Fu as its new Senior Vice President (SVP) East. In his new role, Fu will play a pivotal role in driving the company’s growth strategy across the Eastern region, covering Oceania, North Asia and South East Asia.
Magrabi Retail, a leading eyewear retailer in the Middle East, has announced the proposed acquisition of 51% of the issued share capital of the Baraka Optics Group, one of the largest premium optical retail chains in Egypt.
The National Bank of Bahrain (NBB) has announced that its Group Chief Executive Officer Usman Ahmed, has been named among Economy Middle East’s list of 30 Leading Voices in Middle East Banking & Finance, which recognises senior executives shaping the direction of the region’s financial services sector.
Batelco by Beyon, a leading provider of innovative telecommunications and digital services in Bahrain that connects and empowers people, has introduced ‘Postpaid World’, a new offering that enables customers to use their data and minutes both locally and internationally as part of a single plan.
Dubai Taxi Company (DTC), a leading provider of mobility services in Dubai, and its strategic partner Bolt today announced the entry of Bolt’s ride-hailing services in Abu Dhabi, marking a significant step in the partnership’s expansion across the UAE.
Fablemill, a Bahraini production company, has joined forces with London-based Goldfinch International to launch a bold new platform supporting the growth of film, TV and creative industries in the region. It is tailored to help creative industries scale through smarter policy development and support for local creative projects.
US President Donald Trump said on Monday he had paused a planned attack against Iran after Tehran sent a peace proposal to Washington, and that there was now a "very good chance" of reaching a deal limiting Iran's nuclear programme.
