QatarEnergy has awarded the engineering, procurement, and construction (EPC) contract for the onshore LNG plant of the North Field West (NFW) project, a key component of the world's largest liquefied natural gas (LNG) expansion.
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The Arab region is experiencing a gradual economic recovery despite mounting challenges, according to a new report issued by the United Nations Economic and Social Commission for Western Asia (ESCWA).
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Etihad Rail has now revealed new details on what passengers can expect when the UAE’s national passenger rail network starts services later this year.
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Beyon, the Bahrain headquartered-telecom leader, has announced its selection by the Kuwait Authority for Partnership Projects (KAPP) as the winning investor for the Fixed Telecommunications Network Development Project in Kuwait.
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A resurgence in global private equity is gathering steam after a rebound in dealmaking last year that saw both buyout deals and exits surge ahead to register their second highest values on record, says a report from Bain & Company.
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AD Ports Group has joined hands with Abu Dhabi-based Nimex Terminals for the groundbreaking of UAE's first private-sector liquified petroleum gas (LPG) terminal hub at Khalifa Port. The Phase I of the project is likely to be commissioned within the next three years.
Azizi Developments, a leading private developer in the UAE, has announced updated pricing for residences at Burj Azizi, with apartments now available from AED4.97 million ($1.35 million).
ASMO, a joint venture between Saudi Aramco and DHL Supply Chain, has partnered with Arcapita, a global alternative investment firm, to develop a 1.4 million sq m purpose-built logistics facility at King Salman Energy Park (Spark) in Saudi Arabia that will house a 43,000-sq-m Grade-A warehouse as well as offices and staff facilities.
Heavy Engineering Industries & Shipbuilding Company has announced that it has secured a major contract worth KD174.2 million ($567.4 million) from Kuwait Oil Company for the construction of flowlines and associated works at its upstream oil facilities.
Italian group Saipem has announced that it has secured a new engineering, procurement, construction and installation (EPCI) contract for an offshore project from Saudi oil giant Aramco. The work is for a 48-inch trunkline, comprising 65 km offshore and 12 km onshore in Safaniya oil field.
Saudi Arabia recorded total revenues of SR1.11 trillion ($295.87 billion) in 2025, while expenditures reached approximately SR1.389 trillion ($370.24 billion), resulting in a budget deficit of SR276.61 billion ($73.73 billion), the kingdom's Ministry of Finance has announced.
Dubai witnessed notable progress in the pace of real estate project completion in 2025, with the number of completed projects rising to 124, marking a 7% increase and a total value of AED27.5 billion ($7.49 billion), reflecting a 23% increase.
Saudi Authority for Industrial Cities and Technology Zones (Modon) has entered into a deal with a venture of Buhur Investment Company and Jindal Saw Company, for the establishment of a carbon steel pipes manufacturing plant with an annual production capacity of up to 350,000 MT.
Ducab, a leading UAE-based end-to-end energy solutions provider and manufacturer of high-quality cables and wires, has marked a significant milestone with the successful completion of the Middle East’s first Extended Pre-qualification (EPQ) testing in collaboration with Brugg Cables, a leading suppliers of speciallised high-voltage accessories.
AtkinsRéalis, the global design and engineering consultancy, has announced plans to join forces with Futurecity, a leading cultural placemaking agency, in a move that will see the two work together on major projects in the region that will shape the future of Middle East cities.
Oil prices were hovering near seven-month highs on Wednesday as the threat of military conflict between the US and Iran that could disrupt supply continued to worry investors as talks between the parties are set for Thursday. Brent prices soared to $71.10 per barrel, their highest since July 31, 2025.
Etihad Airways will introduce its A380 to Bangkok for the first time this October, bringing The Residence, the world’s only three-room suite in the sky, to Thailand and increasing capacity on one of its most popular leisure routes.
Emirates Global Aluminium (EGA) has announced strong underlying financial performance and record sales for FY 2025 with a 14% jump in its revenue which soared to hit AED32 billion ($8.7 billion), while its underlying net profit, excluding GAC, surged by 16% to hit AED2.12 billion ($578 million).
The Arab region is experiencing a gradual economic recovery despite mounting challenges, according to a new report issued by the United Nations Economic and Social Commission for Western Asia (ESCWA).
Ithmaar Development Company (IDC) has announced that work has been completed on the pontoons and floating facilities at its premium project Dilmunia Marina in Bahrain in co-operation with United Marine Trading, a specialist in marina design, construction, and maintenance of marinas.
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.
AlMabarrah AlKhalifia Foundation (MKF) has opened the registration for its 'Rayaat' scholarship programme for the 2026–2027 academic year. This year’s program is offering undergraduate scholarships in partnership with University of Bahrain and Bahrain Polytechnic.
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.
The Gulf Cooperation Council (GCC) and India have launched trade agreement negotiations, marking a new phase in the strategic partnership.
Beyon, the Bahrain headquartered-telecom leader, has announced its selection by the Kuwait Authority for Partnership Projects (KAPP) as the winning investor for the Fixed Telecommunications Network Development Project in Kuwait.
Parkin Company, a leading provider of paid public parking facilities in Dubai, has reported a 47% jump in its fourth-quarter revenue for 2025, while its net profit surged by 53% on the back of portfolio expansion, higher seasonal card sales and the introduction of variable tariffs.
Bahrain, Saudi Arabia and the UAE have declared that Wednesday (February 18) will be the first day of Ramadan 1447 AH.
Yusuff Ali M A, Chairman of Lulu Group International, has contributed AED150 million ($40.84 million) in support of the “Mother of the Nation Endowment for Orphans” initiative.
