The global GDP is projected to surge 2.8% in 2026, led by stronger momentum in the US and resilient exports from China, while the euro zone benefits from targeted fiscal support despite longer-term challenges, said Goldman Sachs Research in its new report.
Abu Dhabi-based Mubadala Investment Company and Barings, one of the world’s top investment managers, have entered into a $500 million global real estate debt partnership. The new JV will focus on investing in subordinated loans across real estate asset classes.
Global truck maker Volvo is launching its popular battery-electric medium duty truck – the Volvo FL Electric – in a 14-tonne entry level version with new battery configuration. The electric version has been in the market since 2019 and are sold in multiple markets across Europe, Middle East, Africa, Asia, and Australia.
Flag-carrier Turkish Airlines has opened its first-ever European lounge at Edinburgh Airport, thus bringing another dimension of its renowned hospitality to travellers in Scotland. Spanning 673 sq m, the lounge can accommodate 149 guests.
Visit Bahrain, the Kingdom’s leading destination management company, announced the signing of 15 agreements with several leading travel and tourism companies during its participation in the World Travel Market (WTM) in London.
Krohne, a global manufacturer of measurement solutions, has announced new milestones in its aviation fuel management portfolio - including deployments of leak detection systems and SAF blending technologies across Europe, Middle East, Asia and Americas.
Red Sea Global announced the arrival of the first direct European flight to Red Sea International Airport, marking a new milestone in the development of Saudi Arabia’s tourism sector and its global connectivity, in alignment with the goals of Saudi Vision 2030.
The Ajman Department of Tourism Development (ADTD) launched a promotional roadshow across several Eastern European countries, as part of its ongoing efforts to position Ajman as a leading global tourist destination.
Gulf Bridge International (GBI) said it has selected Nokia’s optical networking solution to build a new high-capacity terrestrial network, also designed for subsea backhauling, enhancing connectivity between Europe, the Middle East, and Asia.
By Q3 2025, Europe was the only region with increased hotel construction, showing 171,589 rooms in construction (+5.2%) and 428,345 total under contract (+3.7%), according to CoStar's September data.
