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.
With green revenues growing twice as fast as conventional revenues, the global green economy has topped $5 trillion and is set to exceed $7 trillion by 2030, creating an abundance of growth opportunities for businesses worldwide, said a report.
Saudia Cargo, a leading national cargo carrier, said it has signed a strategic agreement with Saudi Export Development Authority in a move aimed at supporting the competitiveness of local products and boosting their spread and access to international markets.
In a landmark move, the Saudi cabinet, chaired by HRH Crown Prince Mohammed bin Salman, has announced the cancellation of the fees imposed on expatriate labour in industrial facilities, reported SPA. This decision reflects the kingdom’s leadership's ongoing support for the industrial sector.
The automotive sector is heading for radical operational efficiency as a range of top automakers rapidly integrate advanced robotics into their assembly lines. By 2030, at least one automaker will achieve fully automated vehicle assembly, says Gartner in its new study.
RAK Ceramics, one of the world’s leading lifestyle ceramics brands, reported strong financial results for the third quarter ended September 30, 2026.
Borouge International, a global polyolefins leader, has announced significant progress across its major growth projects in the UAE and Europe. The company is working towards the Engineering, Procurement and Construction (EPC) contracts to expand the capacity of its Ethane Cracker 2 unit by 230,000 tonnes per year.
Agthia Group, one of the region’s leading food and beverage companies, has delivered solid results for the first nine months of the year, recording a three-fold growth in its net profit over last year, while its revenue surged by 9.6% to hit AED3.9 billion ($1.1 billion) despite key regional challenges.
Union Properties has seen its nine-month (9M) revenue grow 58% to AED809.5 million ($220.42 million) backed by stronger operational performance, increased contributions from subsidiaries and continued execution across its business portfolio.
Saudi oil giant Aramco has announced 17 MoUs and agreements with a potential total value of more than $30 billion with major companies in the US, through its Aramco Group Companies. These are aimed at supporting Aramco’s strategic growth objectives while enhancing its shareholder value.
