The Middle East’s in-service aircraft fleet is set to more than double over the next two decades, rising from 1,480 jets in 2024 to 3,700 by 2044, said aviation giant Airbus in its latest market forecast, spotlighting it as one of the fastest-growing aviation regions for the future.
Parsons Corporation, a key provider of solutions for global infrastructure markets, has announced that it has been awarded two contracts worth a combined total of over $100 million to perform programme management and design engineering for two Middle East government customers.
Leading Spanish infrastructure major Acciona has unveiled a groundbreaking digital solution (a dual-model AI technology) aimed at improving the energy efficiency and sustainability of reverse osmosis (RO) desalination — one of the most energy-intensive processes in the water sector.
Oil prices rose on Monday (October 5), supported by renewed concerns over potential disruptions to crude supplies from the Middle East. Brent crude futures gained 81 cents, or 0.79 per cent, to reach $103.06 a barrel by 2202 GMT.
The Coca-Cola Company has appointed Manuel Burgos as Vice President and General Manager for the Middle East. An industry veteran, he brings over 16 years of experience across franchise management, commercial strategy and operational leadership within the company.
Global airfreight tonnage and pricing diverged, as chargeable weight fell 4% from the prior week, sinking in all but one sector, whereas pricing rose across the board except from North America. Tonnages shrank week on week out of Asia Pacific and Middle East to US, said a report.
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.
The Middle East's travel story is often told through regional growth: rising visitor numbers, expanding aviation capacity and sustained investment in tourism infrastructure. But Amadeus booking data points to another important evolution- the emergence of distinct mobility behaviours within the Gulf itself.
Energy sector resilience has exceeded expectations, with 64% of energy insiders see greater resilience despite disruption, while 85% consider the energy sector a more attractive investment than five years ago. The Middle East is also emerging as a key growth market, according to Adipec ’s Global Energy Report 2026: Power Shift.
Axis Communications, a global leader in physical security and network surveillance solutions, has announced the appointment of Loubna Imenchal as its new Regional Director for the Middle East, Turkey, Central Asia, and Africa (MEA).
