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BIG WEST AFRICA LOGISTICS HUB
DP World kicks off maritime work at $1.2bn port in Senegal
DP World has announced that it has begun maritime construction work at the new Port of Ndayane in Senegal being set up at a $1.2 billion investment in collaboration with British International Investment, the development finance agency of UK government.
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47,000-SEAT SPORTING ARENA
Spanish group Ayesa wins PMC contract for big Aramco stadium
Spanish engineering group Ayesa has secured the project management consultancy (PMC) contract for the new 47,000-seat Aramco Stadium in Al Khobar. Set for completion in 2026, it will boast cutting-edge sports and leisure facilities as well as retail areas
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$36BN DEAL FOR NEXTGEN FLEET
Turkish carrier Pegasus places Boeing order for 200 aircraft
Turkey's Pegasus Airlines has placed $36 billion order with Boeing for 200 aircraft in line with its plan to boost fleet strength. The first is for 100 units of 737-10 planes for delivery from 2028 in addition to 100 additional purchasing options.
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NEOM, Samsung C&T set up JV to automate rebar cage assembly
NEOM, the sustainable development taking shape in Saudi Arabia, has signed a JV agreement with Samsung C&T Corporation to accelerate the development and deployment of cutting-edge construction automation technology in the kingdom.
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Dolce&Gabbana launches luxury boutique, café in Diriyah
Italian luxury fashion brand Dolce&Gabbana has opened a new luxury centre at Bujairi Terrace in Diriyah, featuring a boutique and café. Drawing inspiration from Italy’s rich culinary tradition, DG Caffè features a curated menu tailored to Saudi tastes.
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Bahrain officially launches giant Bapco Modernization Project
Bahrain has announced the official inauguration of the Bapco Modernization Project under the patronage of HM King Hamad and Crown Prince HRH Salman bin Hamad Al Khalifa. The kingdom's giant project comprised 21 new processing units and 15 substations.
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Saudi GDP to grow by 3.7pc in 2025 outpacing global: report
Saudi Arabia’s GDP in 2025 is projected to grow by 3.7% year over year, continuing to outperform global GDP growth, which is forecast at 3.2.% – a modest increase on 3.1% in 2024, says the Mastercard Economics Institute.
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The top 5 electric vehicle trends to watch for in 2025
The UAE’s electric vehicle (EV) market is poised for significant transformation in 2025, underpinned by government initiatives, surging consumer demand, and rapid advancements in infrastructure.
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Arcapita to build mixed-use logistics complex in Riyadh
Bahrain-based Arcapita Capital Company has reached an agreement with Flow Progressive Logistics, an end-to-end Saudi supply chain management company, to develop a modern class mixed-use storage complex over a 80,000 sq m area in Riyadh.
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Sheraton opens newly-revamped hotel in Bahrain
Sheraton Bahrain Hotel, a premium property in the kingdom, has opened its doors after undergoing extensive renovations and a complete transformation. The hotel boasts 210 modern guest rooms and suites as well as an impressive 2,002 sq m meeting space.
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BNET, Zain Bahrain complete fiber backhaul asset transfer deal
Bahrain Network (BNET), the national company responsible for providing fiber-based broadband networks in Bahrain, has announced the strategic and successful transfer of Zain Bahrain’s fixed-fiber backhaul network assets.
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Arada acquires three leading UAE gym brands
Sharjah developer Arada is set to cement its leadership in the local fitness sector with the acquisition of UAE gym brands - ladies-only superclub FitnGlam, boutique exercise hub Platform Studios and the newly launched Fitcode, said a top official.
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Hyundai delivers hydrogen buses for Abu Dhabi public transport
Korean auto giant Hyundai has teamed up with its exclusive UAE distributor Juma Al Majid Company to deliver two hydrogen buses as part of Integrated Transport Centre (Abu Dhabi Mobility) Green Bus programme for public transportation in UAE capital.
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Hyundai delivers hydrogen buses for Abu Dhabi public transport
Korean auto giant Hyundai has teamed up with its exclusive UAE distributor Juma Al Majid Company to deliver two hydrogen buses as part of Integrated Transport Centre (Abu Dhabi Mobility) Green Bus programme for public transportation in UAE capital.
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Turkish Airlines sets world record with flights to 120 countries
National flag carrier Turkish Airlines has announced that it has set a Guinness world record with flights to 120 countries, reflecting only the active routes of the past 12 months. It won the title for the 'Most Countries Flown to by an Airline.'
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Emirates NBD, ADIB close prime London student housing deal
Emirates NBD, one of UAE’s leading financial institutions, has led the successful closure of a senior financing transaction for a prime purpose-built student accommodation asset in central London, in collaboration with Abu Dhabi Islamic Bank (ADIB).
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Mall of Muscat to host Oman's first Russian circus
Oman is preparing to host its first ever Russian circus show at the iconic Mall of Muscat.
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