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.
Honeywell Technologies has been selected by Gulf Petrochemical Industries Company (GPIC) to provide licensing and engineering services for a new aromatics complex in Bahrain.
The World Steel Association (worldsteel) forecasts GCC steel demand to fall by about 11% in 2026, a sharp reversal of the trajectory it published in April.
Structural strengths will support the resilience of the UAE’s non-oil economy to the US-Iran war, but a persistent period of regional insecurity will call into question logistical advantages and perceptions of the country as a commercial and financial centre and tourism destination, according to Fitch Ratings.
Qatar is accelerating the deployment of utility-scale solar photovoltaics as part of a national strategy to diversify its power mix, reduce domestic gas consumption for power generation, and curb emissions intensity, while maintaining gas-fired generation as the bedrock of system reliability, said a report.
Saudi-based Advanced Packaging Company has signed an agreement for the establishment of a 25,500-sq-m factory within Oman's Salalah Free Zone, said a report. It is the company’s third factory in the GCC region, following two such facilities in Saudi Arabia.
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.
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.
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.
Circus has unveiled its CA-1 AI-powered autonomous food production system in Abu Dhabi. The launch marks the company's first deployment outside of Europe, bringing this first of its kind technology to the UAE.