MARKET TREND POSITIVE: ALABBAR

Emaar chief unveils $16bn Syria property investment plans

Wed, 14 Oct 2026

Dubai master-developer Emaar Properties plans to invest more than $16 billion in real estate and tourism development projects in Syria, with investment decisions guided by economic feasibility, development potential and social responsibility amid ongoing economic and geopolitical challenges, said its top official.

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DELIVERY BEGINS IN 2028

RCRC awards $1.47bn contracts for 94 new Riyadh Metro train sets

Wed, 14 Oct 2026

The Royal Commission for Riyadh City (RCRC) has awarded contracts worth SAR5.5 billion ($1.47 billion) to German industrial giant Siemens and French rolling stock manufacturer Alstom for 94 new train sets for its Riyadh Metro network. Deliveries are set to begin in 2028, with the trains to be supplied in phases.

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HUGE IMPACT ON ECONOMY

AI could unlock $1trn for MENA, but infrastructure must keep pace: WEF

Wed, 14 Oct 2026

Artificial Intelligence (AI) could unlock more than $1 trillion across the Middle East by 2030, including $200 billion through sustainable finance and $370 billion through public investment. a new World Economic Forum report says.

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INVESTING IN INFRA

Dubai has $572bn projects underway, more to come: Sheikh Mohammed

Wed, 14 Oct 2026

Dubai has nearly AED2.1 trillion ($571.5 billion) worth of projects underway across housing, transportation, aviation, infrastructure and economic development, with more projects to be announced in the coming phase, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said.

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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

Riyadh airport ops suspended till Oct 17, air travel hit

Tue, 13 Oct 2026

Saudi authorities have extended the suspension of operations at King Khalid International Airport in Riyadh until Saturday, October 17, as Houthi attacks disrupted air travel and prompted airlines across Europe, Asia and the Middle East to suspend or postpone services to the Saudi capital.

Saudi Arabia accelerates housing, rail and metro expansion

Tue, 13 Oct 2026

Saudi Arabia is accelerating its housing, transport and urban development programmes, with more than 63,000 Saudi families becoming first-time homeowners in the first half of 2026 and Riyadh advancing a wide range of infrastructure projects aimed at improving mobility, expanding residential options and supporting the capital’s long-term growth.

Saudi Arabia eyes doubling East-West Pipeline capacity to 10m barrels per day: Energy Minister

Mon, 12 Oct 2026

Saudi Arabia is studying plans to expand its East-West Pipeline capacity to 10 million barrels per day, Energy Minister Prince Abdulaziz bin Salman said at the WPC Energy Congress in Riyadh.

AquaIndex eyes UAE market with water asset tokenisation push

Mon, 12 Oct 2026

AquaIndex, a water asset management and pricing company, has announced plans to launch a dedicated regional water token for the UAE as part of its strategy to expand globally and build a digital infrastructure for the documentation, pricing, ownership management and trading of water reserves using real-world asset (RWA) tokenisation technology.

UAE cabinet approves AED292.5bn federal budget for 2027-29

Mon, 12 Oct 2026

The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, has approved the federal general budget for the years 2027–2029, totalling AED292.5 billion, up 28.3% over the previous three years.

UAE’s net wealth to hit $6trn by 2030: BCG

Mon, 12 Oct 2026

The UAE’s net wealth is forecast to reach $6 trillion by 2030, with a CAGR of 10.6%, according to Boston Consulting Group’s (BCG) Global Wealth Report 2026: The Great Reordering.

Riyadh airport attacked again, one killed

Mon, 12 Oct 2026

A fresh attack on King Khalid International Airport in Riyadh on Sunday killed a Pakistani resident and injured 11 others, Saudi authorities said, a day after a Houthi missile strike on the same airport killed at least 12 people and wounded more than 300.

Russia-Ukraine agree to energy ceasefire, says Trump

Sun, 11 Oct 2026

US President Donald Trump made a surprise announcement of an energy ceasefire between Russia and Ukraine on Sunday that he said ​was "effective immediately", but Ukrainian leader Volodymyr Zelenskiy said he was still waiting to see details of the deal. Also there was no word from Moscow on the announcement

12 killed, 309 Injured in attack on Riyadh airport; operations suspended

Sun, 11 Oct 2026

At least 12 people were killed and 309 others injured in an attack targeting King Khalid International Airport in Riyadh on Saturday, October 10, prompting the temporary suspension of airport operations as Saudi authorities assess the damage and verify the safety of the facility.

Msheireb joins hands with IWG to unveil Signature workspace in Doha

Wed, 14 Oct 2026

Msheireb Properties, Qatar’s leading sustainable real estate developer, and International Workplace Group (IWG), the global leader in hybrid-working solutions, have announced the official opening of Signature flexible office and co-working centre in Msheireb Downtown Doha, thus expanding IWG’s presence in Qatar.

Global diesel supplies to remain tight until 2027, warns IEA

Wed, 14 Oct 2026

The International Energy Agency (IEA) warned on Wednesday that global diesel supplies will remain tight until 2027. It attributed the shortfall to supply disruptions caused by tensions in the Middle East and declining exports from Russia and parts of Asia.

CzechTourism, Jazeera Airways mark first-ever winter flights to Prague

Wed, 14 Oct 2026

The Embassy of Czechia in Kuwait and CzechTourism, in collaboration with Jazeera Airways, have hosted a special event to celebrate the launch of the airline’s first-ever winter flights between Kuwait and Prague, strengthening tourism links and expanding travel opportunities between the two countries.

Msheireb joins hands with IWG to unveil Signature workspace in Doha

Wed, 14 Oct 2026

Msheireb Properties, Qatar’s leading sustainable real estate developer, and International Workplace Group (IWG), the global leader in hybrid-working solutions, have announced the official opening of Signature flexible office and co-working centre in Msheireb Downtown Doha, thus expanding IWG’s presence in Qatar.

Future leaders urge adaptability, youth inclusion as AI reshapes societies

Wed, 14 Oct 2026

Leaders from technology, business and civil society called for greater adaptability, investment in human capabilities and youth inclusion as artificial intelligence reshapes societies, economies and workplaces, during the opening session of the Annual Meeting of Global Future Leaders 2026 in Dubai.

Deploying capital in the Gulf: the pitfalls that slow deals down

Wed, 14 Oct 2026

The Gulf is one of the most active investment regions in the world. Diversification efforts have opened sectors from logistics and healthcare to technology, energy and financial services, and international capital has followed. But deals in the region rarely stall over price – they stall over process, timing and people. Investors who understand this early tend to close faster and build stronger partnerships.

Moma marks key construction milestone at Dubai beachfront property

Tue, 13 Oct 2026

Moma International, a leading architecture and interior design studio, has announced that it has achieved a major construction milestone on its five-star beachfront property, J1 Hotel, in Dubai with the completion of 65,000 cu m of concrete pour by the project team clocking five million safe man hours.

New Hematology Institute coming to UAE

Wed, 14 Oct 2026

Burjeel Holdings, a leading super-specialty healthcare services provider in the GCC, is developing an international Hematology Institute in the UAE under the leadership of Prof Alok Srivastava.

Msheireb joins hands with IWG to unveil Signature workspace in Doha

Wed, 14 Oct 2026

Msheireb Properties, Qatar’s leading sustainable real estate developer, and International Workplace Group (IWG), the global leader in hybrid-working solutions, have announced the official opening of Signature flexible office and co-working centre in Msheireb Downtown Doha, thus expanding IWG’s presence in Qatar.

LG Electronics in strategic partnership in Kuwait

Wed, 14 Oct 2026

LG Electronics (LG) has announced a strategic distribution agreement with Al Mulla Group to strengthen its market presence and enhance product availability across Kuwait.

Delegation to London to show Abu Dhabi’s investment avenues

Wed, 14 Oct 2026

The Abu Dhabi Chamber of Commerce, and Industry (ADCCI), Abu Dhabi Global Market (ADGM), and the Abu Dhabi Investment Office (ADIO) will lead a series of high-level investment and business engagements in London.

Dubai launches trial operation of Glydways automated transit system

Sun, 11 Oct 2026

Roads and Transport Authority (RTA) has launched the trial operation of the Dubai Glydways automated transit system at a premium retail destination in the emirate - Bluewaters. The system uses autonomous electric vehicles supported by artificial intelligence technologies, operating on dedicated guideways.

Shams launches AI-powered 'Bedaya' business setup platform

Tue, 13 Oct 2026

AI-powered ‘Bedaya’ platform has been launched by Sharjah Media City (Shams) enabling entrepreneurs and investors to set up their businesses via a smooth, fast and integrated digital service.

Dubai Design Week 12th edition celebrates people, ideas

Tue, 13 Oct 2026

Dubai Design Week will return to Dubai Design District (d3) from November 3 to 8, 2026, marking the 12th edition of the region’s leading design festival.

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