ArcelorMittal Projects, part of the world-leading steel and mining group ArcelorMittal, has announced plans to establish its third plant at the Hamriyah Free Zone in Sharjah, spanning over a 1.4 million sq ft area. The operations are set to begin at the facility later this year.
A consortium of Elsewedy Electric and Siemens Energy has achieved a major milestone in the expansion of Saudi Arabia’s Rabigh 1 power plant following the signing of a SAR5.3 billion ($1.4 billion) energy conversion agreement by Saudi Electricity Company (SEC) and Saudi Power Procurement Company (SPPC), acting as principal buyer
King Fahd International Airport in Dammam, recognised by Guinness World Records as the largest airport in the world by area, has introduced a state-of-the-art navigation system, marking the first Category III Instrument Landing System upgrade in Saudi Arabia.
ArcelorMittal Projects, part of the world-leading steel and mining group ArcelorMittal, has announced plans to establish its third plant at the Hamriyah Free Zone in Sharjah, spanning over a 1.4 million sq ft area. The operations are set to begin at the facility later this year.
The US has positioned forces in the Gulf region, pressuring Iran to accept a set of US demands. Diplomatic channels remain open, but miscalculation by either party could result in an escalation. CIO Office Viewpoint from Lombard Odier examines the potential implications if US-Iran tensions were to escalate.
Al Ghurair Collection, the residential portfolio of Al Ghurair Development, has appointed Brewer Smith Brewer Group (BSBG) as the lead consultant and structural engineer, and Turner & Townsend as project management consultant for Wedyan, its waterfront residence on Dubai Canal.
Saudi Arabia has announced the launch of Namaa Endowment Fund, aimed at strengthening the sustainability of the non-profit sector within the kingdom’s environmental system. It seeks to boost the non-profit sector’s contribution to GDP and promote environmental and water sustainability.
Smart Accommodation for Residential Complexes Company (sarcc), a unit of Saudi sovereign wealth fund PIF, has signed a Heads of Terms (HoT) agreement with Tamimi Global for the development of a 4,000-bed staff accommodation project in northern Riyadh.
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.
National Bank of Bahrain (NBB) has reported a 4% increase in its net profit attributable to the shareholders for the year ended 31 December 2025, reaching a record BD85.1 million ($225.7 million). The fourth quarter net profit was up 12% to BD18.2 million.
Dell Technologies and Ooredoo have announced the signing of a memorandum of understanding (MoU) to deliver and power modern AI services.
Al Habtoor Motors, the exclusive distributor of Mitsubishi Motors in the UAE, recently hosted an immersive driving experience at the prestigious Dubai Autodrome, inviting leading media representatives and digital influencers to get behind the wheel of the All-New Mitsubishi Destinator.
Bahrain, Saudi Arabia and the UAE have declared that Wednesday (February 18) will be the first day of Ramadan 1447 AH.
Bahrain, Saudi Arabia and the UAE have declared that Wednesday (February 18) will be the first day of Ramadan 1447 AH.