Aldar and Mubadala Investment Company have completed a strategic joint venture to create a premier retail platform that will anchor the next phase of Abu Dhabi’s evolution as a global destination for curated luxury retail experiences.
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Dubai’s Roads and Transport Authority (RTA) has signed a strategic partnership agreement with the US-based The Boring Company, a specialist in advanced tunnel systems and innovative passenger transport solutions, to start work on Dubai Loop, a cutting-edge passenger transport tunnel project in the emirate.
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Global oilfield services provider SLB has announced that it has secured a $1.5 billion contract from Kuwait Oil Company for the development of the Mutriba field in the country. Under the five-year contract, it will handle design, development and production management at the field.
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Global M&A (mergers and acquisitions) is positioned to continue momentum in 2026 after rising 40% to $4.9 trillion in 2025, the second-highest deal value on record, according to Bain & Company in its annual Global M&A Report 2026, published today.
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Fitch Ratings has assigned 'neutral' 2026 sector outlook for the Gulf Cooperation Council (GCC) Corporates sector, reflecting steady earnings due to ongoing government-led capex in infrastructure and energy.
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The United States and India have agreed to a long-anticipated trade deal aimed at easing bilateral tensions and lowering tariffs, with US President Donald Trump announcing a sharp reduction in reciprocal tariffs on Indian goods and a major purchasing commitment from New Delhi.
Arab economies are expected to record a growth of 3.7 percent in the coming period, driven by increased oil production and the continued recovery of non-oil sectors, said Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF).
XRG, an international energy investment company based in Abu Dhabi, has signed an agreement with the Ministry of Economy of Azerbaijan to acquire an equity stake in Southern Gas Corridor CJSC (SGC).
Non-oil trade between the UAE and Kuwait reached AED54.5 billion ($14.8 billion) in 2025, marking a year-on-year growth of 9.1 percent compared to 2024, said Dr Thani bin Ahmed Al Zeyoudi, the UAE Minister of Foreign Trade.
India-based Vedanta Limited, a leading global producer of metals, oil & gas, power and technology as well as critical minerals, has reported solid third-quarter profit helped by higher production across key businesses, while its revenue climbed 19% to record $5.2 billion.
Wynn Al Marjan Island has reported steady progress across its integrated resort, marked by the advancement of 548-m-long Wynn Bridge that will provide a direct connection between the resort and the wider UAE road network ahead of the resort's Spring 2027 opening.
Consortiums led by French group Alstom, German tech major Siemens, Japan's Hitachi Rail and Chinese group CRRC have emerged as the qualified bidders for the Riyadh Metro’s Line 7 project. A 65-km network, it will boast 19 stations, of which 14 will be built underground.
The total value of non-oil exports (national origin) from Bahrain surged by 5% to hit BD1.1 billion ($2.9 billion) in Q4 2025 when compared to the previous year's figure of BD1 billion ($2.75 billion). The Kingdom of Saudi Arabia topped the non-oil exports list followed by UAE and the US, said a report.
GFH Financial Group (GFH) has announced that it has completed the acquisition of a majority stake in Byrne Equipment Rental, one of the GCC’s leading industrial services and equipment rental providers with an investment and capex programme valued at approximately $400 million.
The Kingdom of Saudi Arabia has achieved a global milestone in the digitisation of capital markets with the successful execution of the world’s first sovereign-native tokenised property title deed transfer. This infrastructure reduces property settlement times from days to mere seconds.
Global technology company SLB has announced that Kuwait Oil Company has awarded it a $1.5 billion, five-year integrated contract for the Mutriba field in Kuwait, including design, development and production management.
Rixos Murjana, enabled by Saudi Arabia’s Tourism Development Fund (TDF), is set to open in King Abdullah Economic City as the largest ultra all-inclusive resort in Saudi Arabia and a landmark destination along the Red Sea coast.
AD Ports Group has finalised a $115 million project funding facility to support the development of the Noatum Ports - Safaga Terminal in Egypt, thus reinforcing the Group’s long-term commitment to expanding critical port and logistics infrastructure across its focus international markets.
Global M&A (mergers and acquisitions) is positioned to continue momentum in 2026 after rising 40% to $4.9 trillion in 2025, the second-highest deal value on record, according to Bain & Company in its annual Global M&A Report 2026, published today.
Saudi Arabia's Tourism Development Fund (TDF) has announced that Rixos Murjana is set to open in King Abdullah Economic City on Saudi Arabia’s Red Sea coast, positioning itself as the country’s largest ultra all-inclusive resort featuring 488 rooms and suites as well as 33 villas.
The world’s largest integrated ecosystem for water innovation, the “Water Oasis” in Rabigh Governorate, has begun operations, said the Saudi Water Authority.
TASC Group, the largest workforce, people advisory, corporate compliance and AI-led business solutions company in the MENA region, has appointed Jayajyoti Sengupta as Chief Executive Officer – TASC Group.
Aldar and Mubadala Investment Company have completed a strategic joint venture to create a premier retail platform that will anchor the next phase of Abu Dhabi’s evolution as a global destination for curated luxury retail experiences.
The equity markets in the Kingdom of Saudi Arabia and UAE led gains across Gulf in January, outperforming regional peers as strong earnings, economic momentum and policy support lifted investor sentiment. The Saudi equity index rose 8.5% for the month, the strongest performance in the Gulf, said a report.
The Kingdom of Saudi Arabia has achieved a global milestone in the digitisation of capital markets with the successful execution of the world’s first sovereign-native tokenised property title deed transfer. This infrastructure reduces property settlement times from days to mere seconds.
Nissan Motor Corporation has announced its return to Syria, reigniting its long-standing partnership with Al Rakhaa Trading Limited, part of the Rakhaa Group, as its exclusive distributor in the market.
Catapult, the global full-service live experience agency with offices in Dublin, London, New York, and Los Angeles, has announced its strategic expansion into Saudi Arabia. The company's entry into the Kingdom is supported by AstroLabs, the Gulf's leading business expansion platform.
An alarming rise in cargo theft and freight fraud across global supply chains is being highlighted by the International Union of Marine Insurance (IUMI) and the Transported Asset Protection Association's Europe Middle East and Africa division, with incidents escalating across Europe, the Americas and Africa.
