Egypt-based Talaat Moustafa Group (TMG) has launched a massive $27 billion cognitive city in Cairo, named The Spine - an intelligent destination where technology, design, and human experience operate as one.
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Saudi non-oil exports achieved a historic performance in 2025, rising to SAR624 billion ($166.36 billion) from SAR543 billion in 2024 and recording 15% annual growth, while their share of total exports increased from 39% to 44%, the highest in history.
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Global wind capacity reached 1,299 GW by the end of 2025, with 138 countries now powering their economies with wind power, says GWEC's 2026 Global Wind Report.
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Oil prices edged lower in early Tuesday trading as markets pinned cautious hopes on a revival of US-Iran diplomacy, even as tensions around the Strait of Hormuz underscored the fragility of the situation ahead of the expiry of a two-week ceasefire.
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Businesses and investors in Saudi Arabia and the UAE are holding firm on their medium-term strategies despite the current situation in the Middle East, supported by intraregional supply chain redesign and increased use of AI, says an HSBC study.
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Kuwait has declared force majeure on shipments of crude oil and refined products after a blockade of the Strait of Hormuz prevented some vessels from entering the Persian Gulf, hindering its ability to meet certain customer commitments, Bloomberg News reported.
Leading masterdeveloper Nakheel has awarded an AED527 million ($143.4 million) contract to Al Nasr Contracting Company for primary infrastructure and utilities works on Island B at Dubai Islands. The scope includes roads and paving work, utility, telecom as well as drainage and sewage systems.
Acwa signed a $3 billion power purchase agreement (PPA) with Saudi Power Procurement Company for the Rabigh 2 expansion, a 2,313.5 MW gas-fired plant in Makkah, including future carbon capture readiness and a 380 kV substation upgrade.
W Hotels has debuted in Saudi Arabia with W Riyadh – KAFD in the King Abdullah Financial District, offering a social and dining-focused luxury stay within Riyadh’s key business and lifestyle hub.
The total value of rental contracts in Dubai during Q1 2026 reached AED32.2 billion ($8.77 billion), reflecting a sustained pace of activity, according to data from the Dubai Land Department.
More than 105,500 Bahraini private‑sector workers could have their April salaries paid directly from the Unemployment Fund if a proposal gets approved.
The nearly two-month-long conflict involving US, Israel and Iran has inflicted a heavy toll on global energy markets, erasing tens of billions of dollars in potential oil output and triggering one of the most severe supply disruptions in recent history.
A US delegation will reach Pakistan tomorrow evening for negotiations with Iran, with about two days remaining in the two countries’ tenuous ceasefire agreement, said US President Donald Trump. Tehran has not immediately confirmed the plans.
Saudi Energy said it has signed a SAR11.5 billion ($3.1 billion) agreement with Saudi Power Procurement Company (SPPC) for the Rabigh 2 IPP project located in Makkah province, which on completion will boast a large-scale CCGT power plant with 2,313.5 MW generation capacity.
Leading Abu Dhabi entities - Aldar and Mubadala Investment Company (Mubadala) - have completed the acquisition of The Link at Masdar City for AED654 million ($178 million). A premium landmark, The Link comprises 32,000 sq m of net leasable area across five buildings.
Chinese scientists have developed a universal green, high-efficiency membrane separation method to selectively extract a range of heavy metal resources critical to new energy technologies.
Sultan Haitham bin Tarik has been awarded the Arab Tourism Excellence Necklace by the Arab Tourism Organisation, in recognition of his contributions to joint Arab action and greater integration among Arab states, particularly in the tourism sector.
Qatar Gas Transport Company (Nakilat) achieved a net profit of QAR439 million ($120.43 million) for the first quarter ended March 31, 2026, compared to QAR433 million for the same period of 2025.
Businesses and investors in Saudi Arabia and the UAE are holding firm on their medium-term strategies despite the current situation in the Middle East, supported by intraregional supply chain redesign and increased use of AI, says an HSBC study.
Leading Abu Dhabi entities - Aldar and Mubadala Investment Company (Mubadala) - have completed the acquisition of The Link at Masdar City for AED654 million ($178 million). A premium landmark, The Link comprises 32,000 sq m of net leasable area across five buildings.
AWS announced Amazon Bio Discovery, a new AI-powered application designed to help scientists design and test novel drugs more quickly and confidently.
Digital Dubai has launched the “AI Workforce Transformation Program (AI+),” a strategic initiative to train 50,000 Dubai Government employees.
Dubai’s retail and warehouse sectors demonstrated resilience and growth in 2025, backed by strong fundamentals including record tourism, population boom and e-commerce activity. Both sectors, however, faced tightening supply conditions that shaped market dynamics throughout the year, said a report.
Stake, a leading digital real estate investment platform in the region, has forged a strategic partnership with Ace & Company, a Swiss-headquartered global investment group focused on private markets, to develop secondary transfer facility for fractional real estate investments in UAE.
AWS announced Amazon Bio Discovery, a new AI-powered application designed to help scientists design and test novel drugs more quickly and confidently.
Abu Dhabi's Integrated Transport Centre (ITC) has announced that it has achieved a major milestone with its green bus fleet surpassing 1.3 million eco-friendly kilometres since its launch in 2024. Its green fleet comprises buses powered by hydrogen fuel cell technology and electric energy.
Sharjah Architecture Triennial will present 'A Journey into Architecture Archives: Baghdad, Damascus, Tunis', a new chapter in its long-term research initiative dedicated to architectural archives in the Arab world.
The UAE State Security Department (SSD) has announced the dismantling of a terrorist organisation and the arrest of its members for involvement in covert activities aimed at undermining national unity and destabilising the country through plans to carry out systematic terrorist and sabotage operations on UAE soil.
