The global demand for GCC crude oil grew at an average annual rate of 3.1% over the period 2021–2025, according to data released by GCC-STAT. GCC’s crude oil exports reached 12.2 million barrels per day in 2025, accounting for 27.3% of global crude oil exports.
The Sharjah Electricity, Water and Gas Authority (Sewa) installed more than 3,200 new electricity meters and replaced 1,600 old mechanical meters with modern smart devices in the third quarter of 2026.
Saudi Arabia’s General Transport Centre (GTC), the executive arm of the Royal Commission for Makkah City and Holy Sites, has signed deals worth SR5.664 billion ($1.51 billion) with private sector partners for the “Wasel Al-Haram” project.
The UAE's non-oil foreign trade reached AED2.945 trillion ($800 billion) in the first nine months (9M) of 2026, up 10.1% on the same period last year and approaching the AED3 trillion mark for the first time.
The GCC countries have signed the landmark General Railway Agreement at a high-profile regional transport ministers' meeting in Bahrain. The Gulf bloc plans to complete a 2,117-km-long railway network connecting all six member states - from Kuwait to Oman - with full operations targeted by 2030-end.
The Gulf states are studying the possibility of establishing a regional water interconnection network and expanding their existing electricity interconnection system to strengthen resource security and ensure the continuity of essential services, said a top official after a utility committee meeting.
Capital Catering, the F&B arm of Adnec Group, a Modon company, has been named Best Middle East Catering Company at the World Culinary Awards for the second consecutive year.
Startups and entrepreneurs will showcase innovative projects, prototypes and future-focused ideas through The Pitch, one of the main platforms at Dubai Future Week.
The 12th edition of Gulfood Manufacturing 2026, which concluded recently at Dubai World Trade Centre (DWTC), highlighted the key role of advanced technologies and industrial capabilities in strengthening food security.
