Dubai Aerospace Enterprise (DAE) announced today that it had signed a definitive agreement to acquire 100% of Macquarie AirFinance Limited (MAF) for an approximate enterprise value of $7 billion.
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Saudi Arabia recorded an 18.6% increase in non-oil exports, including re-exports, in the fourth quarter of 2025 (Q4) compared to the fourth quarter of 2024.
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In an industry long criticised for taking more from nature than it gives back, Saudi Arabia’s giga-project developer Red Sea Global has thrown down an ambitious marker: tourism that leaves the environment better than it found it.
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The Arab region is experiencing a gradual economic recovery despite mounting challenges, according to a new report issued by the United Nations Economic and Social Commission for Western Asia (ESCWA).
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A resurgence in global private equity is gathering steam after a rebound in dealmaking last year that saw both buyout deals and exits surge ahead to register their second highest values on record, says a report from Bain & Company.
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Kuwait marks its 65th National Day today (on February 25), highlighting a year of strong financial performance underpinned by sovereign wealth fund assets exceeding $1 trillion, according to a regional statistical report.
Global tech leader Meta Platforms has agreed to buy 6 gigawatts’ worth of artificial intelligence computing power from Advanced Micro Devices (AMD) in a deal worth more than $100 billion that could result in Meta owning as much as 10% of AMD’s stock, said media reports.
India's information technology sector is forecast to surpass $300 billion in revenue for the first time in the current fiscal year, stated the IT industry body National Association of Software and Services Companies (Nasscom), amid challenges and opportunities arising from artificial intelligence (AI).
The world’s high-net-worth individual (HNWI) population of nearly 23 million individuals who collectively hold close to $87 trillion in wealth are reshaping global investment priorities, says a DIFC report which highlighted that the UAE attracted 9,800 new millionaires in 2025.
e&, a telecom and technology leader, has delivered record financial performance in 2025, reporting consolidated revenues of AED72.9 billion ($19.85 billion), an increase of 23.1 per cent year-over-year (YoY) from AED59.2 billion.
Yusuff Ali M A, Chairman of Lulu Group International, has contributed AED150 million ($40.84 million) in support of the “Mother of the Nation Endowment for Orphans” initiative.
AD Ports Group has joined hands with Abu Dhabi-based Nimex Terminals for the groundbreaking of UAE's first private-sector liquified petroleum gas (LPG) terminal hub at Khalifa Port. The Phase I of the project is likely to be commissioned within the next three years.
Azizi Developments, a leading private developer in the UAE, has announced updated pricing for residences at Burj Azizi, with apartments now available from AED4.97 million ($1.35 million).
ASMO, a joint venture between Saudi Aramco and DHL Supply Chain, has partnered with Arcapita, a global alternative investment firm, to develop a 1.4 million sq m purpose-built logistics facility at King Salman Energy Park (Spark) in Saudi Arabia that will house a 43,000-sq-m Grade-A warehouse as well as offices and staff facilities.
Alkhorayef Water and Power Technologies Company has announced that it has secured a key contract from Jeddah Amana Municipality for the operation and maintenance of stormwater and surface water networks in the sub-municipalities of South and Al Malisa in the Saudi port city.
Yokogawa Electric has launched the OpreX Pressure Transmitter EJX S Series, the successor to its EJX A lineup of plant field instruments.
Centara Mirage Lagoon Maldives was named Luxury Family Friendly Resort of the Year by Travel & Hospitality Awards, honouring its commitment to creating memorable, high-quality experiences for families visiting the Maldives.
Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has successfully structured and completed a green facility for Arabian Gulf Steel Industries (AGSI).
The Arab region is experiencing a gradual economic recovery despite mounting challenges, according to a new report issued by the United Nations Economic and Social Commission for Western Asia (ESCWA).
The first phase of Keturah Ardh, a heritage-wellness integrated luxury community being developed by MAG Group in Dubai, has sold out, with all 558 luxury townhouse plots acquired in just six months for AED1 billion ($272.2 million).
In an industry long criticised for taking more from nature than it gives back, Saudi Arabia’s giga-project developer Red Sea Global has thrown down an ambitious marker: tourism that leaves the environment better than it found it.
AlMabarrah AlKhalifia Foundation (MKF) has opened the registration for its 'Rayaat' scholarship programme for the 2026–2027 academic year. This year’s program is offering undergraduate scholarships in partnership with University of Bahrain and Bahrain Polytechnic.
Italian luxury furniture brand Miki Ferrari has entered the Middle East market with the opening of its first regional showroom in Sharjah. The new store showcases its contemporary Italian furniture in a warm and welcoming space reflective of its innovative approach to design and craftsmanship.
Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has successfully structured and completed a green facility for Arabian Gulf Steel Industries (AGSI).
Beyon, the Bahrain headquartered-telecom leader, has announced its selection by the Kuwait Authority for Partnership Projects (KAPP) as the winning investor for the Fixed Telecommunications Network Development Project in Kuwait.
Lucid Group, maker of advanced electric vehicles, delivered 15,841 vehicles in 2025, up 55% compared to full year 2024. Lucid, which is majority-owned by Saudi Arabia’s Public Investment Fund, said the production nearly doubled year over year.
Bahrain, Saudi Arabia and the UAE have declared that Wednesday (February 18) will be the first day of Ramadan 1447 AH.
Parkin Company, a leading provider of paid public parking facilities in Dubai, has reported a 47% jump in its fourth-quarter revenue for 2025, while its net profit surged by 53% on the back of portfolio expansion, higher seasonal card sales and the introduction of variable tariffs.
