CAPACITY BOOST, NEW MARKETS

Saudi F&B giant Almarai maps out $4bn expansion strategy through 2031

Thu, 08 Oct 2026

Saudi food and beverage company Almarai has announced plans to invest more than $4 billion through 2031 as part of a new growth strategy focused on expanding capacity, entering new categories and increasing its presence in priority markets.

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IRAN WAR IMPACT LIMITED

AI boom has become a powerful driver of global trade, says report

Thu, 08 Oct 2026

The global race to build infrastructure for artificial intelligence is giving world trade strong momentum at a time of higher tariffs and geopolitical conflicts, says a new report on global trade.

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36 INJURED IN ATTACKS

Saudi Arabia strikes Houthi targets after attacks on Riyadh, Abha airports kill 3

Thu, 08 Oct 2026

Saudi Arabia has launched a major military operation against Houthi targets in Yemen after attacks on two Saudi airports killed three people and injured 36 others, with the coalition warning that attacks on civilians and civilian infrastructure “will not go unpunished”.

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OIL PRICES STAY STEADY

Saudi Arabia restores oil flows through East-West pipeline to 5.8m bpd

Wed, 07 Oct 2026

Saudi Arabia has restored oil flows through its strategic East-West Pipeline to 5.8 million barrels per day (bpd), strengthening the Kingdom’s ability to move crude to global markets.

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ANALYSIS

GCC capital markets enter new phase as funding sources diversify: Fitch

Wed, 30 Sep 2026

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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Top This Week

Wynn Al Marjan Island unveils 98-berth superyacht marina in RAK

Mon, 05 Oct 2026

Wynn Al Marjan Island, a $5.7-billion beachfront resort in Ras Al Khaimah, has unveiled the designs for its luxury project - Wynn Marina - positioning it as a waterfront destination and gateway to the wider resort. The 98-berth superyacht marina will offer views of yachts, waterfront activity and Gulf sunsets.

Jordan, UAE break ground on $2.5bn mining rail project

Mon, 05 Oct 2026

Jordan and the UAE have broken ground on a $2.5 billion railway project linking the southern Jordanian port city of Aqaba with key phosphate and potash production sites in Al Shidiyeh and the Maan Logistics Zone, in a move aimed at boosting mineral exports and cutting transport costs.

New fund to invest $267m in Saudi workforce housing

Mon, 05 Oct 2026

Mnzil, Saudi Arabia’s first and leading tech-enabled workforce housing platform, The Development Group (TDG) and Capital Partners have launched a real estate fund to invest SAR1 billion ($267 million) in developing purpose-built compounds housing up to 50,000 workers across the Kingdom.

Saudi projects value hits $2.07 trillion; construction, real estate takes major share

Mon, 05 Oct 2026

The total value of projects planned or underway across Saudi Arabia reached $2.07 trillion in H1 2026, highlighting the scale of the Kingdom’s long-term development ambitions under Vision 2030, according to Knight Frank’s latest Saudi Arabia Construction Landscape Review.

Saudi-led coalition backs Yemen offensive against Houthis

Mon, 05 Oct 2026

The Saudi-led coalition in Yemen has pledged full operational support for the internationally recognised Yemeni government as it launches a major military offensive to reclaim territory held by the Iran-backed Houthi movement and restore state authority.

Dubai CommerCity unveils $490m expansion plan for e-commerce infrastructure

Sun, 04 Oct 2026

Dubai CommerCity, a free zone focused on digital commerce, has launched a second expansion phase worth over AED1.8 billion ($490 million) that will add more than 91,000 sq m of office, retail and logistics space across the free zone’s business, social and logistics clusters.

Oman GDP surges 5.1pc in Q2 on strong petroleum activity

Sun, 04 Oct 2026

Oman's Gross Domestic Product (GDP) at constant prices grew 5.1% during the second quarter hitting RO9.9 billion ($25.6 billion), compared to about RO9.4 billion ($24.3 billion) for the same period in 2025, driven by a sharp increase in petroleum activity, said a report.

Al Othaim unveils $4.3bn Saudi real estate investment plans

Sun, 04 Oct 2026

Saudi-based Abdullah Al Othaim Investment Company has launched a dedicated real estate development arm, Al Othaim Developments, with plans to invest over SAR16 billion ($4.27 billion) in about 10 projects comprising 8,000 residential units across several Saudi cities over the next two years.

Red Bull's Verstappen wins rain-hit F1 Bahrain Grand Prix in Malaysia

Sun, 04 Oct 2026

Max Verstappen took his and Red Bull's first win of the year in a rain-delayed and drama-filled Formula One Gulf Air Bahrain Grand Prix in Malaysia 2026 at Sepang International Circuit. Kimi Antonelli of Mercedes came second followed by Lewis Hamilton, who drove an extraordinary race after dropping towards the back.

Abu Dhabi Projects and Infrastructure Centre seals partnership with Patrizia

Thu, 08 Oct 2026

The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has sealed a strategic partnership deal with Patrizia, an investment manager in real assets, to deepen co-operation around infrastructure investment as well as boost project delivery in the UAE capital, drawing on Patrizia’s wider real assets expertise.

NESR, Aramco partner on region’s first direct lithium extraction project

Thu, 08 Oct 2026

National Energy Services Reunited (NESR) announced that its business segment, NESR Environmental and Decarbonization Applications (NEDA), has entered into an agreement with Aramco to execute the Aramco 2027 Lithium Demonstration Project in Saudi Arabia.

Visit Qatar receives GCC award for workforce nationalisation

Thu, 08 Oct 2026

Visit Qatar has received a GCC-level award recognising Outstanding Companies in Workforce Nationalisation for its efforts to empower national talent within Qatar’s tourism sector.

CEER opens mobile store in Riyadh; kicks off nationwide retail rollout

Thu, 08 Oct 2026

Saudi Arabia’s first automotive company CEER has officially opened its inaugural mobile store in Diriyah, Riyadh, thus marking the beginning of its nationwide retail rollout. The store serves as the premier showcase for the first Saudi-made vehicles fully designed, engineered, and manufactured in the kingdom.

The data centre is becoming a product

Wed, 07 Oct 2026

The question is no longer how to build bigger data centres. It is how to deploy infrastructure fast enough to keep up with AI, says Roger (Zhaoyang) Wang, General Manager of Global Data Centers, Alibaba Cloud Intelligence.

Al Ahly Sabbour unveils its first luxury residential offering in Oman

Wed, 07 Oct 2026

Egyptian developer Al Ahly Sabbour Real Estate has announced the launch its first luxury residential offering in Oman as part of the Wadi Zaha development within the Sultan Haitham City. The Zaha Residence comprises a mix of studios and one- to three-bedroom apartments as well as other premium amenities.

Precision medicine set for ‘double-digit growth’ in Mideast

Wed, 07 Oct 2026

The UAE is laying the foundations for the Middle East’s next phase of biopharma growth, with national investment in genomics, artificial intelligence (AI) and advanced manufacturing.

GEMS unveils GR8 School, a fusion of AI, teachers

Thu, 08 Oct 2026

GEMS Education, one of the oldest and largest private K-12 education providers, has unveiled GR8 School, a global-first model combining hyper-personalised AI-powered learning with specially trained teachers (human mentors) and real-world expertise.

McLaren Automotive returns to Saudi Arabia

Thu, 08 Oct 2026

McLaren Automotive has announced its return to Saudi Arabia in partnership with Mohamed Yousuf Naghi Motors, one of the country’s most established automotive groups.

Bahrain fintech forum closes with over 60 deals, strategic agreements

Thu, 08 Oct 2026

Bahrain's Fintech Forward 2026 forum ended on a successful note with more than 60 MoUs and strategic agreements and other announcements covering digital payments, trade finance, artificial intelligence and financial infrastructure, drawing more than 2,900 local and international participants.

Beyon Connect, BENEFIT to explore international FinTech opportunities

Thu, 08 Oct 2026

Beyon Connect, part of the Beyon Group, and BENEFIT, Bahrain’s leading fintech and electronic financial transactions services company, have signed a strategic memorandum of understanding (MoU) to explore potential collaboration in FinTech services and solutions in international markets.

CEER opens mobile store in Riyadh; kicks off nationwide retail rollout

Thu, 08 Oct 2026

Saudi Arabia’s first automotive company CEER has officially opened its inaugural mobile store in Diriyah, Riyadh, thus marking the beginning of its nationwide retail rollout. The store serves as the premier showcase for the first Saudi-made vehicles fully designed, engineered, and manufactured in the kingdom.

Global ad spend expected to grow 11.9% to $1.34 trillion this year

Thu, 08 Oct 2026

Global ad spend is forecast to grow 11.9% to $1.34 trillion in 2026, according to the latest data from WARC Media. This comes on the back of strong 10.0% growth in 2024 and 2025.

Saudi Arabia strikes Houthi targets after attacks on Riyadh, Abha airports kill 3

Thu, 08 Oct 2026

Saudi Arabia has launched a major military operation against Houthi targets in Yemen after attacks on two Saudi airports killed three people and injured 36 others, with the coalition warning that attacks on civilians and civilian infrastructure “will not go unpunished”.

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