GFH Group, a leading regional financial group with interests in asset management and real estate sectors, has reported a 18.2% growth in its net profit for FY 2025 which rose to $140 million, supported by higher income from its wealth and investment management, credit and treasury businesses.
Aramco’s In-Kingdom Total Value Add (iktva) programme has reached 70 per cent local content and aims for 75 per cent by 2030. Since inception, iktva has contributed over $280 billion to Saudi Arabia’s GDP, driving industrial growth, economic diversification, and long-term fiscal resilience.
AirAsia X (AAX) has announced two international routes linking Kuala Lumpur to Bahrain and onward to London Gatwick (KUL–BAH–LGW), strengthening its global expansion strategy. Starting June 26, 2026, the service makes Bahrain its first global hub and marks the airline’s second Fifth-Freedom route beyond Asia.
DP World has announced that the average volumes of food supplies have risen by up to 35% as retailers across the region have begun stocking early ahead of Ramadan, with higher volumes of staple foods goods moving through Jebel Ali six to eight weeks before the holy month.
The MENA region recorded a robust 26% rise in merger and acquisition (M&A) activity with 884 deals, compared to 701 in 2024 with the total deal value reaching $106.1 billion, according to the EY MENA M&A Insights 2025 report.
Qiddiya Investment Company has announced plans for a landmark new horse racing venue in Qiddiya City, celebrating Saudi Arabia’s deep-rooted equestrian heritage while shaping the future of horse racing in the Kingdom.
Thumbay Group has announced the launch of Thumbay Medicity Dubai, a major new academic healthcare destination in Al Qusais, Dubai.
Bahri Logistics, a business unit of Saudi National Shipping Company Bahri, has signed agreements with key local entities - AlKhorayef Commercial and Shamal Company - in a major move to boost the localisation of supply chains in the defence and security sectors.
Ali Abdulwahab Al Mutawa (AAW), the exclusive distributor of Nolte Kitchen in Kuwait, has relaunched its Express Kitchen showroom, thus introducing the brand’s new visual identity in the country. The renovated space features the German brand's latest innovative kitchen solutions.
GFH Group, a leading regional financial group with interests in asset management and real estate sectors, has reported a 18.2% growth in its net profit for FY 2025 which rose to $140 million, supported by higher income from its wealth and investment management, credit and treasury businesses.
Saudi telco stc Group has secured the tender for the SAR3 billion ($800 million) Silklink project from the Syrian government that involves the setting up of a 4,500 km fibre-optic network across the country, as well as establishing data centres and international subsea cable landing stations.
Baidu and Uber Technologies will roll out the Apollo Go autonomous ride-hailing service in Dubai as early as next month, as part of their partnership with Dubai’s Roads and Transport Authority (RTA).
Egis has announced that it had played a major role as lead design consultant and construction supervisor for the Natural History Museum Abu Dhabi, one of the most technically complex cultural institutions in the Middle East, which officially opened its doors late last year.
The European Commission has announced it will look into allowing certain non-EU professionals to stay in the EU beyond the current 90/180-day rule, as part of a future overhaul of its visa system, a report said.