The GDP of GCC states is forecast to grow by 8.1% in 2027 as energy trade routes normalise, travel demand returns, and business confidence rebuilds, says a report.
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New real estate projects worth AED1 trillion ($272.29 billion) will be launched or developed in Dubai within the next five years, says W Capital, a real estate brokerage firm.
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Emirates has launched a world-first Comprehensive Travel Cover, offering expanded insurance with conflict-related medical protection, trip cancellation, baggage loss cover and disruption support, including up to $25,000 reimbursement and 30-day trip extensions.
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The proposed $300 billion fund being discussed as part of the US-Iran interim peace agreement is intended to serve as a private investment vehicle to help drive economic development and reconstruction in Iran, according to a Reuters report.
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Elon Musk has become the world’s first trillionaire, a milestone that offers investors a glimpse into where the next generation of “extraordinary wealth creation is likely to emerge”, affirms Nigel Green, CEO of global financial advisory deVere Group.
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The United States and Iran have signed a preliminary agreement aimed at ending months of conflict and paving the way for the reopening of the Strait of Hormuz, sanctions relief for Tehran and a new round of negotiations on Iran's nuclear programme.
King Abdullah Financial District Development and Management Company (KAFD DMC), the developer and operator of Riyadh’s premier business and lifestyle destination, has secured a SAR12 billion ($3.2 billion), 15-year, senior-secured Murabaha facility, its first independently secured debt facility.
Dubai has confirmed that the first phase of Al Maktoum International Airport remains on track for a 2032 opening, with major construction milestones achieved and AED13 billion ($3.5 billion) in contracts underway as preparations advance for future awards worth AED55 billion ($15 billion).
The total number of young people aged 15–34 in the GCC countries reached approximately 23.5 million in 2024, accounting for 38.2% of the GCC states' total population.
Saudi Arabia's residential market recorded a sharp slowdown in activity during Q1 2026, with transaction volumes falling by 50% year-on-year, according to an analysis by global property consultancy, Knight Frank.
Oil prices fell in Asia on Monday after the US and Iran announced an agreement that is expected to reopen the key Strait of Hormuz shipping route.
US President Donald Trump said the United States could restart the war or become the "guardian of the Middle East" and receive 20% of the region's revenues if Iran fails to reach an acceptable agreement on its nuclear programme.
The United States and Iran have announced an agreement aimed at ending months of conflict and paving the way for the reopening of the Strait of Hormuz, a vital shipping route for global energy supplies, although key details of the accord remain unclear.
Saudi Arabia has an opportunity to strengthen long-term retirement savings as it advances economic reforms under Vision 2030, with expanded defined-contribution retirement schemes potentially improving retirement outcomes while unlocking domestic capital for long-term investment, said a report.
Qatar has announced the completion of all works under the seventh phase of its Western Areas Road Improvement Project. The works included construction of permanent roads, the implementation of infrastructure and landscaping improvements as well as provision of parking facilities.
Sustainability Forum Middle East (SFME) hosted an exclusive networking reception in Bahrain, bringing together more than 80 senior business leaders, policymakers, sustainability professionals, advisory committee members, partners and industry experts from Bahrain and across the region.
Summer travel remains a priority for Saudi travellers, with 42% already booked and 44% still planning trips. Skyscanner research shows growing demand for flexible, experience-led travel and integrated tools that simplify decisions on flights, accommodation and transport.
UAE developer Azizi is enhancing the project delivery capabilities across its portfolio through a vertically-integrated industrial model by managing critical manufacturing processes in-house, including aluminium and façade systems as well as HVAC ducting and marble works.
Hiring momentum remains strong in the UAE, with the country recording a net employment outlook of 60% for Q2 2026, placing it among the strongest employment markets globally.
Qiddiya Investment Company is setting up a world-class centre for international tennis in Saudi Arabia that will be future hub for elite international competition. The new National Tennis Centre adds to the remarkable momentum at Qiddiya City, including the recent opening of Six Flags theme park and Aquarabia water park.
Artificial intelligence could significantly improve the world's ability to predict and respond to climate-related disasters by enabling faster forecasting and more effective early warning systems, according to a new report. However, AI's potential will only be realised if the technology is trusted and adapted to local conditions, it said.
DMCC, a leading international business district that drives the flow of global trade through Dubai, has announced plans to launch DMCC Campus and DMCC Intelligence, two new platforms aimed at helping businesses, governments and institutions respond to the forces reshaping global trade.
Havelock One, a leading interior fit-out contractor in the region, has announced that it has been signed up as the front-of-house fit-out contractor for The Avenues - Khobar, an ambitious mixed-use development coming up on a 820,000 sq m area in the Eastern Province of Saudi Arabia.
National Bank of Bahrain (NBB) acted as Joint Lead Manager and Bookrunner in Bahrain’s successful $1 billion 10-year international bond issuance.
Mubadala Investment Company, an Abu Dhabi sovereign investor, has acquired $200 million worth of Equitix’s stake in Greenlink, a joint venture between Equitix and Baltic Cable which operates a 504 MW subsea electricity interconnector linking Great Britain with Ireland.
Nissan Middle East closed Fiscal Year 2025 (April 2025 to March 2026) by delivering a landmark financial and commercial performance, concluding the period as the most profitable year on record for the regional entity.
Global tennis icon Ons Jabeur has formally signed a strategic partnership agreement with GCC-based watch brand Nuncier to develop a signature line of timepieces.
His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister of Bahrain, has issued a circular announcing the official holiday in observance of Ashura.
