Samsung E&A, one of the world’s leading engineering, procurement, construction and project management (EPC&PM) companies, has secured a water treatment project worth $790 million in the Middle East, further strengthening its presence in the region’s water infrastructure sector.
The Middle East and North Africa (MENA) vehicle sales is expected to decline by 3.9% y-o-y in 2026, to 3.90 million units, says a new report.
Acciona said it is deploying a digital platform across its desalination plants, both in the Middle East as well as globally, to improve operational efficiency and real-time decision-making, using Schneider Electric's plant management system (PMS) based on Aveva PI System technology.
Worldwide air cargo tonnages and rates for the first half of 2026 were well up on last year’s levels with the June’s figures up 9% over the same month last year, and stable compared to May, despite the disruptions to capacity and markets in the Middle East, said a report.
Organisation for Economic Co-operation and Development (OECD) countries tourist arrivals hit a record 847 million in 2025, up 3.4%. However, geopolitical tensions, climate events and cost pressures are creating uncertainty and shifting travellers toward cheaper, shorter, safer trips.
YouTube has launched supervised kid accounts across Middle East and North Africa, offering additional protections and features for children and parents. It is mainly designed for parents who feel their child is ready for the main YouTube app but want to supervise their experience.
Australian group Maritimo, a leading builder of long-range luxury motor yachts for the world, has appointed KJM Marine as its exclusive dealer across the GCC and selected territories in the Middle East and Indian Ocean, reinforcing its presence in one of the world's most dynamic boating regions.
The International Air Transport Association (IATA) has sharply cut its profit outlook for the global airline industry, citing disruptions linked to the Middle East conflict. Airlines are now expected to post a net profit of $23 billion in 2026, while Middle East airlines are likely to post $4.3 billion loss, it said.
South Korea’s inflation rose to a 26-month high in May, reaching 3.1 per cent year-on-year. The increase was driven mainly by higher fuel costs amid volatility in global energy markets, according to Statistics Korea.
Swedish conglomerate Alfa Laval has appointed Alban Hohmann‑Schauly as its new Vice President of Energy unit for the Middle East, South & East Africa region. With over 16 years global experience in the energy and digital infrastructure, Alban has built a strong track record in market analysis and customer segmentation.
