Economic growth across the Gulf Cooperation Council (GCC) gained momentum in 2025, supported by structural reforms and rapid digital innovation, said a World Bank report. The UAE is expected to top the region with 4.8% growth in the year.
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The GCC will continue to build on its achievements with a shared vision and unified policies, His Majesty King Hamad said, chairing the 46th session of the GCC Summit at Sakhir Palace on Wednesday.
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Several major projects and decisions were announced during the fourth meeting of the Bahraini-Saudi Coordination Council, co-chaired by HRH Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister of Bahrain, and HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia.
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Millions of jobs, especially those held by women and young people, face significant exposure to automation, if core principles of ethical and inclusive governance of Artificial intelligence (AI) are not considered, said a new report from the United Nations Development Programme (UNDP).
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A sharp rise in life-sciences mergers and acquisitions (M&A) are likely across the Middle East as Gulf governments intensify efforts to build a globally competitive biotech and health-technology manufacturing base, according to a new Grand View Research study.
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Soudah Development, a Saudi PIF company has signed a SAR1.3 billion ($346 million) agreement with National Grid, a subsidiary of the Saudi Electricity Company, to deliver advanced power infrastructure for its ultra-luxury mountain destination - Soudah Peaks.
Dubai Aerospace Enterprise (DAE) has signed long-term lease agreements with AJet and Turkish Airlines for 10 new Boeing 737-8 aircraft. The aircraft are scheduled to deliver in 2026 and 2027, DAE said.
Bombardier has made significant progress on its new state-of-the-art service centre at the Al Bateen Executive Airport (AZI), Abu Dhabi, with the facility on track to open in the second half of 2026.
Imports worldwide worth $2,640 billion, or 11.1 per cent of total imports, were affected primarily by tariffs along with other trade measures introduced between mid-October 2024 and mid-October 2025 - more than four times the $611 billion coverage recorded in the preceding period, said a Word Trade Organization report.
Saudi-based Retal Urban Development Company said it has signed an agreement with National Housing Company (NHC) to build a major residential project in the Al Fursan suburb of Riyadh at a total investment of SAR5.2 billion ($1.39 billion).
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.
Bahrain's national carrier Gulf Air has recorded strong performance results for October amid growing demand which remained robust across its expanding network. The airline flew 598,363 passengers for the month, up 18% over last year.
G42, an artificial intelligence development company based in Abu Dhabi, has welcomed the US decision to authorise the export of advanced AI semiconductors to G42.
The Goldman Sachs Group has entered into a deal to acquire US-based Innovator Capital Management, a pioneer of defined outcome ETFs for $2 billion. The Innovator manages $28 billion of assets under supervision (AUS) across 159 defined outcome ETFs.
Over half of Dubai property deals are cash based, keeping market stable amid global monetary shifts, says a new report.
Emerson, a global leader in automation technology and software, has opened registration for Emerson Exchange 2026, taking place from May 19-21, 2026 at the Dubai World Trade Center.
Leading developer H&H has announced the launch of Dubai Peninsula, a rare enclave along the Jumeirah coastline that is set to redefine the future of ultra-luxury living in the region, introducing an unprecedented waterfront destination.
Emerson, a global leader in automation technology and software, has opened registration for Emerson Exchange 2026, taking place from May 19-21, 2026 at the Dubai World Trade Center.
Millions of jobs, especially those held by women and young people, face significant exposure to automation, if core principles of ethical and inclusive governance of Artificial intelligence (AI) are not considered, said a new report from the United Nations Development Programme (UNDP).
Lifestyle real estate brand Elevate has joined hands with hospitality group Ennismore for the unveiling of the AED1.8 billion ($490 million) Mondrian Al Marjan Island Beach Residences, featuring 343 homes with a mix of one- to five-bedroom apartments.
New Murabba, a major developer powered by Saudi sovereign wealth fund PIF, has signed an agreement with the US Green Building Council to advance sustainable design and next-generation green building practices across Riyadh’s new downtown.
Aluminium Bahrain (Alba), a world-leading aluminium smelter, marked the Bahraini Women’s Day in style with a special ceremony to celebrate the contributions of its female workforce. It also pledged to create more pathways for their growth and success.
Arab Financial Services (AFS) said it has delivered a standout performance at Jewellery Arabia 2025, supporting seamless digital payments across the five-day event, recording 160% payment growth, one of the strongest years in terms of both domestic and global activity.
Fitch Ratings has assigned ‘neutral’ outlook for Middle East and North Africa (MENA) sovereigns in 2026. The outlook balances fairly stable oil prices, solid economic growth and some fiscal reform against political and geopolitical risks, it said.
Google Cloud and Qatar’s Ministry of Communications and Information Technology (MCIT) today announced the formal renewal of their strategic Master Framework Agreement (MFA).
The National Automotive and Vehicles Academy (NAVA), a key venture of Saudi PIF, has signed a strategic agreement with the kingdom's first automotive company Ceer to launch an intermediate diploma programme in automotive manufacturing technology.
Creators HQ, the first content creator hub in the UAE and the Middle East and part of Visioneers, and the global social media platform X, have launched X Creators Lab, a pioneering initiative aimed at empowering content creators, from talented beginners to world-class professionals, to produce impactful, high-value global content.
The GCC will continue to build on its achievements with a shared vision and unified policies, His Majesty King Hamad said, chairing the 46th session of the GCC Summit at Sakhir Palace on Wednesday.
