Following a successful January 2026 edition that brought together Saudi Arabia's built environment community with a spotlight on project finishing and delivery, Big 5 Construct Saudi is back this August with its focus firmly on the foundations of construction.
The Gulf faced a fresh escalation on Monday as US President Donald Trump announced the immediate reinstatement of a blockade targeting Iranian shipping in the Strait of Hormuz and proposed a 20 per cent charge on all cargo transiting the strategic waterway, intensifying a growing war of nerves between Washington and Tehran over one of the world's most critical energy chokepoints.
Saudi Power Procurement Company (SPPC) has announced that it has kicked off the qualification process for the third round of gas-fired independent power producer (IPP) projects in the kingdom. These projects will be developed under a build-own-operate (BOO) model.
Mubadala Bio has launched new hemodialysis products through its subsidiary Wellpharma, one of its Abu Dhabi-based manufacturing facilities.
SAL Logistics Services, a Saudi leader in cargo handling, logistics solutions, and supply chain management, signed a memorandum of understanding with King Salman Energy City Dry Port (SPARK Logistics) for cooperation in the logistics sector.
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, and the Dubai Department of Economy and Tourism (DET) have launched a DET Connect Account under DET’s “SME in a Box” platform to empower small and medium-sized enterprises (SMEs) with a comprehensive, digitally native banking solution.
Dubai's diamond trade reached a record $41.7 billion in 2025, surpassing the previous high of $40.9 billion set in 2011, as trading volumes and demand for natural diamonds increased, said a report. The total traded volumes climbed 42.5% year-on-year to a record 359.5 million carats.
The number of business licences issued and renewed in the northern emirate of Sharjah rose 2% year-on-year to 38,169 during the first half of 2026. Commercial licences accounted for the lion’s share of the new registrations hitting 2,514, followed by 1,407 professional licences and 276 industrial licences.
Abu Dhabi-based Tadweer Group has awarded a key contract to Spanish environmental solutions company Urbaser to develop the emirate's first greenfield material recovery facility. Set to be operational in 2028, the project is designed to process 400,000 tonnes of waste annually.
Saudi electric vehicle manufacturer Ceer has welcomed 40 Saudi engineers into permanent roles after they completed an overseas scholarship and training programme under the Kingdom's flagship "WAA’ID" track of the Custodian of the Two Holy Mosques Scholarship Programme.
