Saudi Arabia has restored oil flows through its strategic East-West Pipeline to 5.8 million barrels per day (bpd), strengthening the Kingdom’s ability to move crude to global markets.
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Global oil inventories have depleted to "scarily thin" levels, and rebuilding the world's energy buffers could take up to two years once vital shipping lanes reopen, Saudi Aramco President and CEO Amin Nasser warned Monday.
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Jordan and the UAE have broken ground on a $2.5 billion railway project linking the southern Jordanian port city of Aqaba with key phosphate and potash production sites in Al Shidiyeh and the Maan Logistics Zone, in a move aimed at boosting mineral exports and cutting transport costs.
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Saudi-based Abdullah Al Othaim Investment Company has launched a dedicated real estate development arm, Al Othaim Developments, with plans to invest over SAR16 billion ($4.27 billion) in about 10 projects comprising 8,000 residential units across several Saudi cities over the next two years.
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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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Oman's Gross Domestic Product (GDP) at constant prices grew 5.1% during the second quarter hitting RO9.9 billion ($25.6 billion), compared to about RO9.4 billion ($24.3 billion) for the same period in 2025, driven by a sharp increase in petroleum activity, said a report.
Max Verstappen took his and Red Bull's first win of the year in a rain-delayed and drama-filled Formula One Gulf Air Bahrain Grand Prix in Malaysia 2026 at Sepang International Circuit. Kimi Antonelli of Mercedes came second followed by Lewis Hamilton, who drove an extraordinary race after dropping towards the back.
Saudi utility giant Acwa Power has announced the financial close of the SAR9.69 billion ($2.5 billion) Rabigh 2 IPP Expansion Project, a 2,313MW combined-cycle power plant in the kingdom’s Western Province.
China Eleventh Chemical Construction Company has secured two construction packages for an independent power project, being set up at an investment of $910 million within the Special Economic Zone at Duqm, Oman. The project scope includes ground works, monitoring and lighting installations.
Saudi economy is set to remain resilient, underpinned by strong oil-sector infrastructure and continued economic diversification, said a report. Revenues are projected to rise 1% in 2027 to SAR1.2 trillion ($314 billion), compared with the 2026 estimate, while government spending is likely to fall 3%.
Saudi-based Alramz Real Estate Company has announced the official launch of its Masar Corner project in Makkah, featuring two towers with a total of 541 residential, commercial and service units and a gross built-up area of 125,000 sq m. The project, located within the Masar destination, is set for completion in 2029.
EDGE, a leading advanced technology group, has completed development of the MK 82 Penetrator aircraft munition, a hardened target weapon designed and manufactured in the UAE by LAHAB, EDGE’s medium- to large-calibre ammunition manufacturer.
The global health landscape continues to evolve and people are living longer. Following the disruption caused by the COVID-19 pandemic, global life expectancy has returned to close to pre-pandemic levels, says a World Health Organization report.
Gulf Air, the national carrier of the Kingdom of Bahrain, on Friday marked the start of the Formula 1 Gulf Air Bahrain Grand Prix 2026 in Malaysia at the Sepang International Circuit as title sponsor of the race, a position it has held since Bahrain brought Formula 1 to the Middle East in 2004.
Agreements worth more than RO550 million ($1.43 billion) were sealed at the Urban, Home & Building Expo and Conference in Oman covering some of the leading sectors including tourism, real estate, food security and housing, said a report.
AMPO POYAM VALVES has secured a contract to supply more than 600 cryogenic ball valves for ADNOC’s Ruwais LNG project in Abu Dhabi, a major lower-carbon LNG development in the Middle East.
Travel and tourism across Europe is forecast to grow by 3.1% in 2026, outperforming the wider economy and accelerating from the sector’s 2.6% growth recorded in 2025, according to the latest research from the World Travel & Tourism Council (WTTC).
Leading regional construction groups - Hassan Allam Construction and Galfar Engineering & Contracting - have announced a strategic agreement aimed at strengthening co-operation and pursuing future business opportunities across Oman.
The question is no longer how to build bigger data centres. It is how to deploy infrastructure fast enough to keep up with AI, says Roger (Zhaoyang) Wang, General Manager of Global Data Centers, Alibaba Cloud Intelligence.
Egyptian developer Al Ahly Sabbour Real Estate has announced the launch its first luxury residential offering in Oman as part of the Wadi Zaha development within the Sultan Haitham City. The Zaha Residence comprises a mix of studios and one- to three-bedroom apartments as well as other premium amenities.
The UAE is laying the foundations for the Middle East’s next phase of biopharma growth, with national investment in genomics, artificial intelligence (AI) and advanced manufacturing.
Zoom Communications unveiled its always-on, AI-powered support for student and campus services with a live demonstration built around a university scenario, at its first-ever Zoom Education Summit.
Burtville Developments has launched its latest residential development, Bab Al Qasr Beach Resort Residence 77, in Abu Dhabi, scheduled for handover in Q4 2031.
Bahrain’s non-oil exports of national origin dropped by 56% to reach BD153 million ($406.4 million) in August 2026, compared to BD350 million for same month in 2025.
The question is no longer how to build bigger data centres. It is how to deploy infrastructure fast enough to keep up with AI, says Roger (Zhaoyang) Wang, General Manager of Global Data Centers, Alibaba Cloud Intelligence.
Sportwagenschmiede '35 – driven by the love for sports cars. This is the headline under which Dr. Ing. h.c. F. Porsche AG presents its strategic realignment at a Capital Markets Day held at the Weissach Development Centre.
Dubai Studio City, the region’s leading hub for content creation, will showcase the future of creative storytelling and its comprehensive media and production ecosystem as the Strategic Partner of CABSAT 2026.
Saudi Arabia has announced plans to allow highly skilled foreign workers to bring eligible family members to the Kingdom while completing their work visa procedures, the Ministry of Interior announced Tuesday.
