UAE's real estate market ended 2025 on a successful note thanks to the strong performance across its key sectors including commercial, residential and industrial, mainly driven by resilient non‑oil economic activity, population growth and sustained domestic and global investment appetite, said an industry expert.
ROSHN Group, Saudi Arabia's leading multi-asset class real estate developer powered by sovereign wealth fund PIF, has signed the Heads of Terms to form a joint venture with Agility Logistics Parks to develop a Grade A facility over a 1 million sq m area in the kingdom.
Ali Abdulwahab Al Mutawa (AAW), the exclusive distributor of Nolte Kitchen in Kuwait, has relaunched its Express Kitchen showroom, thus introducing the brand’s new visual identity in the country. The renovated space features the German brand's latest innovative kitchen solutions.
Lockheed Martin and Saudi-based technology leader Pioneers Technical Systems Co (PTS) have announced a strategic partnership to establish the Saudi Arabia’s inaugural PAC-3 ground depot. The facility will provide testing, repair and certification of PAC-3 launcher components for the Royal Saudi Air Defense Forces’ PATRIOT missile defence system.
Leading Saudi shipping and logistics company Bahri has announced a record net profit of $2.43 billion and revenue of $10.35 billion for FY 2025, supported by a strong performance in the second half as well as fleet expansion and disciplined operational execution.
Saudi Arabian Military Industries (SAMI) Group launched several new key units at the World Defense Show, which opened in Riyadh on Monday.
Ashmore Investment Saudi Arabia, has signed the first investment under its Industrial Initiative, with the acquisition of a minority stake through a primary capital increase in Pharco KSA, the Saudi subsidiary of Pharco Pharmaceuticals.
GE Aerospace and Saudi Arabia’s General Authority for Military Industries (GAMI) have signed an Industrial Participation Agreement to enhance F110 repair capabilities and strengthen maintenance, repair and overhaul (MRO) skills by utilising specialised equipment with advanced training.
NTT Data, a global leader in AI, digital business and technology services, has acquired Zero&One, an Amazon Web Services (AWS) premier tier services partner in the Middle East and North Africa region, in a move aimed at boosting its cloud capabilities across the region.
Saudi Arabia's National Industrial Development Center has signed a cooperation memorandum with European aerospace corporation Airbus to explore opportunities for developing and localising the aviation and helicopter industry in Saudi Arabia.
