GymNation, an upcoming gym operator, has secured a $100 million private credit facility from certain funds and entities controlled by HPS Investment Partners, a part of global asset manager BlackRock, in one of the first regional investments of its size since the Iran conflict commenced.
The Saudi Supreme Court has announced the sighting of the crescent moon in the kingdom marking the beginning of Dhul Hijjah for the year. Based on the legal sighting of the crescent moon, the Court declared May 27 as the first day of Eid Al Adha which will be celebrated across the Middle East.
Global Infrastructure Partners (GIP), a part of BlackRock, will partner with L’IMAD, the Abu Dhabi National Oil Company (ADNOC) and Temasek, to launch an infrastructure investment partnership which will capitalise on the growing opportunities across the GCC and Central Asia.
Bahrain Tourism and Exhibitions Authority (BTEA) launched a campaign promoting Bahrain’s concerts, festivals, family attractions, sports and shopping experiences, aiming to attract GCC visitors seeking entertainment-filled weekend breaks and short regional getaways.
The GCC economies posted robust growth in the third quarter of 2025, driven by the non-oil sector as the region’s sustained push to diversify income sources gained further momentum.
Alvarez & Marsal (A&M), a leading global professional services firm, has published a strategic roadmap designed to accelerate industrial localisation across the GCC region through disciplined policy frameworks, deep technology transfer and ecosystem orchestration.
Gulf States can become stronger tourism destinations after conflict, said aviation leader and Knighthood Global Chairman James Hogan, citing strong branding, leadership, and investment. He urged a focus on destination strengths and openness rather than price-driven strategies for recovery.
Gulf women continue to strengthen their presence in the development journey of GCC countries, supported by a young population base and growing participation in the labour market, according to a GCC-Stat report.
Energy disruptions from the Iran war strain Gulf oil and gas exporters, while importers like Egypt and Jordan face higher commodity prices and reduced remittances from Gulf workers, worsening economic pressures across the region, said the International Monetary Fund (IMF).
AD Ports Group has successfully drawn on its diversified logistics capabilities to strengthen local and regional supply chains in GCC, ensuring continued resilience. To date, it has handled over 54,000 TEUs at Fujairah and Khor Fakkan Port, and successfully transported over 22,000 containers.
