The Middle East and North Africa (MENA) vehicle sales is expected to decline by 3.9% y-o-y in 2026, to 3.90 million units, says a new report.
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ADCB, a leading UAE-based bank, has confirmed that its systems have now been fully available and stable, without any deterioration or disruption for the past four days, with heavy load and record transaction volumes.
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Sales values in Dubai’s residential real estate sector approached AED221.3 billion ($60.26 billion) across almost 79,200 transactions in H1 2026, according to new insight from leading real estate advisory and property consultancy, Cavendish Maxwell.
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Saudi-based Qiddiya Investment Company (QIC) has awarded a SAR4.3 billion ($1.1 billion) construction contract to Taj Dhabi, the local unit of UAE-based Trojan Construction, for the development of a purpose-built racecourse sprawling over 1.3 million sq m on the outskirts of Riyadh, said a report.
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AI could soon choose what we buy; sustainability has shifted from nice-to-have to non-negotiable; and second-hand shopping is rapidly becoming mainstream, according to new DHL eCommerce research.
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3D concrete printing is no longer restricted to basic residential shells. From a world-record-breaking 10,000-sq-m school in Qatar and tapered water tanks in Kuwait that slash material use by 25 per cent, to modular prefabrication in Oman and record-height villas in Saudi Arabia, COBOD’s printer systems are helping regional contractors bypass traditional formwork dependencies to secure a competitive market edge, the company’s founder tells Gulf Construction.
The Iraqi Ministry of Oil has signed a five-year integrated management contract with the US energy services company Halliburton for the development of the Bin Umar and Sindbad oil fields in Basra governorate.
Bahrain's Electricity and Water Authority (EWA) has announced that top Saudi utility developer Acwa has emerged as the sole bidder for Hidd Independent Water Project. The company submitted a levellised cost of water (LCOW) bid of BD0.276 per cu m.
Bilateral trade between India and Russia has reached a record high of nearly $70 billion, driven primarily by Russian oil and fertilizers exports as well Indian pharma products, thus reflecting the growing scope of economic ties between the two countries, a senior Indian government official said.
Saudi food and beverage manufacturing major Almarai has recorded solid results for Q2 despite the shipping woes and regional pressures. Its revenue surged 11% y-o-y to hit SAR5.87 billion ($1.54 billion) driven by resilient supply chain and robust demand across its core sectors.
Bahrain-based investment bank SICO has announced the successful completion of the merger of its key subsidiary, SICO Funds Services Company, into the bank, thus marking the final phase of its strategic integration initiative designed to further boost its integrated operating model.
Thales, a global leader in defence, aerospace sectors, in partnership with Omani contractor Ankaa, has been awarded a contract by the Oman Civil Aviation Authority (CAA) to deliver its latest-generation Tracsigma primary surveillance radar and two RSM NG secondary surveillance radars.
The Abu Dhabi Department of Energy (DoE) has launched its Cooling Load Manual (CLM) in support of the Abu Dhabi Energy and Water Efficiency Strategy 2030.
GEMS School of Research & Innovation (SRI) has launched its Motorsport Academy aimed at developing future champions on and off the track.
June marked the highest monthly number of project awards in 2026 so far, with 25 projects valued at over SAR29.5 billion ($7.9 billion), reported SPA, citing official data. Of this, construction sector accounted for the largest share, with 14 projects worth more than SAR20.6 billion ($5.4 billion).
Valvitalia Group has secured a contract worth approximately $30 million to supply valves for the Desert Southwest pipeline, one of the largest energy infrastructure projects currently under development in the southwestern US.
Hassan Allam Holding, a leading engineering and construction company, said one of its key units has secured a contract from Modon Ras El Hekma to build a luxury hospitality and residential project - Montage Hotel and Branded Residences - at Ras El Hekma in Egypt’s North Coast.
June marked the highest monthly number of project awards in 2026 so far, with 25 projects valued at over SAR29.5 billion ($7.9 billion), reported SPA, citing official data. Of this, construction sector accounted for the largest share, with 14 projects worth more than SAR20.6 billion ($5.4 billion).
Artificial intelligence is evolving faster than scientific understanding and governments' ability to regulate it, creating growing risks that require urgent global action based on a shared scientific evidence base, a landmark United Nations report warned.
Mabani Aljazeera Holding Group, a leading Saudi construction and investment company, has announced plans to invest in Jabali Towers located at the heart of Tatu City SEZ in Kenya. A premier mixed-use project, it features a mix of studios and one- to three-bed apartments as well as premium amenities.
Tadweer Group has announced a major milestone in the development of Abu Dhabi’s first greenfield Material Recovery Facility, awarding a contract to Urbaser, one of the world’s leading environmental solutions companies, to support the delivery of the landmark project.
SAL Logistics Services, a national leader in cargo handling, logistics solutions, and supply chain management in Saudi Arabia, has signed a memorandum of understanding with the Energy and Water Academy to enhance cooperation in training, qualification, consultancy, and national talent development.
Bahrain's Institute for Pearls and Gemstones (Danat) has named a new board of directors led by Chairman Mohamed Ahmed AlSada. The reconstituted board will oversee the institute's pearl, gemstone and jewellery testing services and support its role in the kingdom’s gem industry.
More than 100 newly qualified finance professionals qualified as members of the Association of Chartered Certified Accountants (ACCA) in Oman, adding to the sultanate's skilled workforce as it pursues economic diversification under Vision 2040.
Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, and Techstars, one of the world’s leading startup accelerators, have announced a partnership to drive AI and FinTech innovation in the region.
The Middle East and North Africa (MENA) vehicle sales is expected to decline by 3.9% y-o-y in 2026, to 3.90 million units, says a new report.
Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer, has announced that its flagship cinema has achieved the first Accessibility Certification in the GCC through Dubai Municipality’s Certificate of Compliance with Accessibility Regulations for Existing Buildings (Wosool).
A fire broke out at a restaurant on Dubai's Sheikh Zayed Road on Monday and was brought under control after more than three hours with no injuries reported, said media reports, citing Dubai Civil Defence officials. Cooling operations are currently under way to extinguish remaining hot spots.
