50-50 JOINT VENTURE

IHC unit, Adani Group to develop $11.5bn aluminium project in India's Odisha

Thu, 02 Jul 2026

International Resources Holding (IRH), the Abu Dhabi-based natural resources investment platform and an IHC Group company, and Adani Enterprises Limited (AEL), the flagship company of the Adani Group, on Thursday signed an MoU with India's Government of Odisha to develop an integrated greenfield aluminium project.

Read more
ASSETS NOW IN 3D MODEL

Dubai launches digital twin platform - a virtual replica of city

Thu, 02 Jul 2026

Dubai on Thursday launched the Dubai Digital Twin Platform, which represents a new strategic milestone in the emirate's digital transformation journey.

Read more
IRANIAN FROZEN ASSETS KEY ISSUE

US, Iran in indirect talks to secure peace deal, eye shipping restart

Wed, 01 Jul 2026

The US and ​Iran held indirect technical talks in Doha on Wednesday as they seek to agree on the flow of shipping through the Strait of Hormuz ‌and secure a lasting ceasefire, a source with direct knowledge of the talks and an Iranian official said.

Read more
ACTION SOUGHT AS RISKS MOUNT

UN report warns AI is advancing faster than science, regulation

Wed, 01 Jul 2026

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.

Read more
SPOTLIGHT

AI will soon choose what people buy says ecommerce trends report

Fri, 26 Jun 2026

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.

Read more

Top This Week

IHC continues growth momentum through key investments, expansion in Q2

Wed, 01 Jul 2026

IHC, a global investment company focused on building dynamic value networks, continued to execute its strategy of disciplined investment, portfolio expansion and active value creation across its diversified portfolio of businesses in the second quarter of this year.

Riyadh Air adds Malaga, Kuala Lumpur to its growing network

Wed, 01 Jul 2026

Riyadh Air, Saudi Arabia's new national carrier and a subsidiary of the Public Investment Fund, has announced the addition of two new destinations to its growing network, launching ticket sales for flights linking Riyadh with Málaga (Spain) and Kuala Lumpur (Malaysia).

TA’ZIZ, Covestro and XRG mull world-scale MDI plant in Ruwais

Wed, 01 Jul 2026

TA’ZIZ, a joint venture between ADNOC and ADQ, has announced the launch of a joint feasibility study with Covestro and XRG to assess the development of a world-scale methylene diphenyl diisocyanate (MDI) plant at the TA’ZIZ Industrial Chemicals Zone in Ruwais Industrial City, Abu Dhabi.

New EU steel regulation takes effect; quotas cut, duty raised

Wed, 01 Jul 2026

A new European regulation aimed at protecting the EU steel sector from the damaging impact of global overcapacity will enter into application on July 1.

US-Iran Doha talks remain uncertain; Hormuz traffic gathers pace

Wed, 01 Jul 2026

The prospects for renewed US-Iran diplomacy remained uncertain on Tuesday, with Tehran denying any plans for high-level negotiations even as US President Donald Trump's special envoy Steve Witkoff and son-in-law Jared Kushner met Qatar's Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani in Doha to discuss the ongoing negotiations and regional security.

Qatar awards $604m contracts for power grid expansion

Tue, 30 Jun 2026

Qatar General Electricity and Water Corporation (Kahramaa) has awarded contracts worth more than QR2.2 billion ($604 million) to expand the electricity transmission network in the country's western region as it prepares to integrate power from the Dukhan solar project into the national grid.

Saudi NWC completes $640m water infrastructure programme in H1

Tue, 30 Jun 2026

Saudi Arabia's National Water Company (NWC) has announced that it has completed 50 water and sanitation projects worth more than SAR2.4 billion ($640 million) in the first half of the year as the kingdom seeks to expand infrastructure and improve public services under its Vision 2030 programme.

EDF Power Solutions, Oman sign key renewable energy, digital infra deals

Tue, 30 Jun 2026

France's EDF Power Solutions and Oman have strengthened strategic energy cooperation through three key renewable energy and energy storage agreements.

dnata secures ground handling licence at Amsterdam Schiphol

Tue, 30 Jun 2026

dnata, a leading global air and travel services provider, has been re-awarded a ground handling licence at Amsterdam Airport Schiphol (AMS) in the Netherlands.

Retal in deal with Roshn to build 163 residential units in Makkah

Thu, 02 Jul 2026

Saudi-based Retal Urban Development Company has announced that it had signed conditional agreements with Roshn, a leading multi-asset class developer powered by PIF, for the development of 163 residential units within its AlManar community in Makkah city.

XRG boosts US LNG position with second Rio Grande stake buy

Thu, 02 Jul 2026

XRG, the international investment arm of Abu Dhabi National Oil Company (Adnoc), has completed the acquisition of an additional equity interest in Trains 4 and 5 of Rio Grande LNG at the Port of Brownsville, Texas, US, thus marking a significant step in the execution of its global gas strategy.

Global Hotel Alliance adds personalised city tours to GHA DISCOVERY

Thu, 02 Jul 2026

Global Hotel Alliance has expanded its GHA DISCOVERY loyalty programme with personalised Local City Tours through City Unscripted, offering private, locally hosted experiences tailored to members’ interests across 15 destinations, including Dubai, London, Paris, Tokyo, and Singapore.

XRG boosts US LNG position with second Rio Grande stake buy

Thu, 02 Jul 2026

XRG, the international investment arm of Abu Dhabi National Oil Company (Adnoc), has completed the acquisition of an additional equity interest in Trains 4 and 5 of Rio Grande LNG at the Port of Brownsville, Texas, US, thus marking a significant step in the execution of its global gas strategy.

UN report warns AI is advancing faster than science, regulation

Wed, 01 Jul 2026

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.

Select Group completes first Six Senses branded homes in Mena

Thu, 02 Jul 2026

UAE developer Select Group has announced the completion of Six Senses Residences The Palm, Dubai, the first Six Senses branded homes in the Mena region. It comprises a collection of private residences, including signature and sky villas as well as penthouses designed around waterfront living.

Geodis secures IATA CEIV pharma certification for its Hyderabad site

Thu, 02 Jul 2026

Geodis, a leader in transport and logistics, said it has achieved the IATA Center of Excellence for Independent Validators (CEIV) Pharma certification for its site located in the south Indian city of Hyderabad, thus reinforcing its commitment to delivering top-class healthcare logistics solutions.

PMKConsult, Havelock One Interiors complete RAK Academy revamp

Thu, 25 Jun 2026

PMKConsult and Havelock One Interiors have completed the full turnkey refurbishment of the RAK Academy Khuzam campus for leading developer Marjan. Spanning 226,000 sq ft, the project scope included design development and revamp of a leading international school in UAE.

Al Khayyat Investments signs exclusive partnership with Aujan Coca-Cola

Wed, 01 Jul 2026

Al Khayyat Investments (AKI) has announced the signing of an exclusive distribution partnership with Aujan Coca-Cola Beverages Company under which AKI will exclusively manage the UAE distribution and growth for household brands Rani, Vimto and Barbican.

Lasting US–Iran ceasefire key to GCC banks’ continuing resilience: Fitch

Thu, 02 Jul 2026

The durability of the US–Iran ceasefire and prospects for a permanent de-escalation are central to whether Gulf Cooperation Council (GCC) banking systems remain resilient to the impacts of the conflict, Fitch Ratings says.

Visa launches threat intelligence platform

Thu, 02 Jul 2026

Visa has launched the Visa Threat Intelligence Platform (VTIP), a new solution that helps financial institutions detect and respond to cyber threats that can lead to fraud and financial loss, leveraging the same cybersecurity capabilities Visa uses to protect its own global network.

Parkin introduces new smart parking system at Al Ghurair Centre

Thu, 02 Jul 2026

Parkin Company, the largest provider of paid public parking facilities and services in Dubai, has entered into a five-year agreement with Al Ghurair Centre to manage and enhance parking operations at one of the city’s most established retail destinations.

YouTube introduces new Supervised Kid accounts across Mena

Thu, 02 Jul 2026

YouTube has launched supervised kid accounts across Middle East and North Africa, offering additional protections and features for children and parents. It is mainly designed for parents who feel their child is ready for the main YouTube app but want to supervise their experience.

US, Iran make limited progress in Doha; nuclear issue deferred

Thu, 02 Jul 2026

Iran and the US concluded ​a round of indirect talks on Wednesday with no sign they had made headway toward a lasting peace, focusing instead on ‌issues that they said had been resolved when an interim deal was announced two weeks ago. Sources said negotiators spent two days in Doha discussing maritime traffic in the Strait of Hormuz.

Gulf Construction

Calendar of Events

Weather

Weather Data Source: wetterlang.de