State-owned Kuwait Petroleum Corporation (KPC) plans to invite foreign companies to help develop recent offshore discoveries, as Kuwait looks to accelerate production and apply advanced technologies offshore, according to a Reuters report.
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Global M&A (mergers and acquisitions) is positioned to continue momentum in 2026 after rising 40% to $4.9 trillion in 2025, the second-highest deal value on record, according to Bain & Company in its annual Global M&A Report 2026, published today.
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Non-oil trade between the UAE and Kuwait reached AED54.5 billion ($14.8 billion) in 2025, marking a year-on-year growth of 9.1 percent compared to 2024, said Dr Thani bin Ahmed Al Zeyoudi, the UAE Minister of Foreign Trade.
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The total value of non-oil exports (national origin) from Bahrain surged by 5% to hit BD1.1 billion ($2.9 billion) in Q4 2025 when compared to the previous year's figure of BD1 billion ($2.75 billion). The Kingdom of Saudi Arabia topped the non-oil exports list followed by UAE and the US, said a report.
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Fitch Ratings has assigned 'neutral' 2026 sector outlook for the Gulf Cooperation Council (GCC) Corporates sector, reflecting steady earnings due to ongoing government-led capex in infrastructure and energy.
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GFH Financial Group (GFH) has announced that it has completed the acquisition of a majority stake in Byrne Equipment Rental, one of the GCC’s leading industrial services and equipment rental providers with an investment and capex programme valued at approximately $400 million.
Mashreq, one of the leading financial institutions in the MENA region, has delivered exceptional results for the full year 2025, marked by transformational international expansion, record loan and deposit growth.
Qatar has launched two new categories of Residency Visas for high growth entrepreneurs and senior executives, in line with Qatar’s ongoing efforts to strengthen its position as a leading global hub for talent, innovation and investment.
Saudi artist Safeya Binzagr set a new auction record after her 1968 painting Coffee Shop in Madina Road sold for just over $2 million at Sotheby’s “Origins II” auction in Diriyah, marking a milestone for the Kingdom’s growing art market.
Saudi Arabia's Roads General Authority (RGA) has announced the list of qualified bidders for the country's pioneering One-Stop Station Project. A key public-private partnership project for Saudi Arabia, it will be implemented on a design-build-finance-operate-maintain (DBFOM) model.
Arts AlUla has officially revealed the name and further details of its upcoming major art institution, the AlUla Contemporary Art Museum, marking a new era for global artistic dialogue rooted in the ancient cultural oasis of north-west Saudi Arabia.
Saudi Arabia's real gross domestic product (GDP) recorded an annual growth rate of 4.5% in 2025 compared to the previous year, while growth reached 4.9% in the fourth quarter (Q4) of 2025 compared to the same period in 2024.
Binghatti Holding, a leading UAE real estate developer, announced record financial results for the year ended 31 December 2025, underlining strong sales execution, disciplined delivery, and continued strengthening of the group’s balance sheet.
ENGIE, a global leader in low-carbon energy and services, today announced the appointment of Turki Al Shehri as Country Manager for Saudi Arabia, effective January 1, 2026.
Penspen, a major provider of engineering and project management services, has announced a record year for 2025, securing 65 new contracts worth $456 million across the Middle East and Africa region. These included project management supervision, FEED, consultancy and detailed design contracts.
State-owned Kuwait Petroleum Corporation (KPC) plans to invite foreign companies to help develop recent offshore discoveries, as Kuwait looks to accelerate production and apply advanced technologies offshore, according to a Reuters report.
Vatel Bahrain organised “Mena Food & Beverages” culinary training programme, focusing on culinary arts and food presentation centered on Mena region cuisines, in partnership with Chef Fajer Al Mansoori and Exhibition World Bahrain.
Penspen, a major provider of engineering and project management services, has announced a record year for 2025, securing 65 new contracts worth $456 million across the Middle East and Africa region. These included project management supervision, FEED, consultancy and detailed design contracts.
Global M&A (mergers and acquisitions) is positioned to continue momentum in 2026 after rising 40% to $4.9 trillion in 2025, the second-highest deal value on record, according to Bain & Company in its annual Global M&A Report 2026, published today.
DMCC, a leading international business district that drives the flow of global trade through Dubai, and leading Dubai real estate developer Sweid & Sweid have announced the launch of BAY360, a new mixed-use development and lifestyle destination in Jumeirah Lakes Towers (JLT).
The world’s largest integrated ecosystem for water innovation, the “Water Oasis” in Rabigh Governorate, has begun operations, said the Saudi Water Authority.
TASC Group, the largest workforce, people advisory, corporate compliance and AI-led business solutions company in the MENA region, has appointed Jayajyoti Sengupta as Chief Executive Officer – TASC Group.
Middle East-based HITEK AI, a part of the Farnek group of companies, has signed a three-year SAFETEK Services Agreement with Ghassan Ahmed Al Sulaiman Furniture Trading Co (IKEA Saudi Arabia and Bahrain), marking a major step in IKEA’s commitment to elevating Health, Safety, Security, and Environmental (HSSE) governance.
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Vietnam has officially come into force, representing a significant expansion and strengthening in trade and investment relations between the two nations.
Network International (Network), a leading fintech company across the Middle East and Africa, has appointed Pinar Alpay as Group Chief Product and Marketing Officer.
Saudi Arabia’s Transport General Authority has approved the implementation of facial biometric verification for ride-hailing drivers, a measure due to be rolled out in the first quarter, as part of efforts to tighten regulation of passenger transport services.
Radio Bahrain Company, a portfolio company of Mumtalakat, has appointed Ala Ghawas as its new Chief Executive Officer, effective February 5.
Qatar has launched two new categories of Residency Visas for high growth entrepreneurs and senior executives, in line with Qatar’s ongoing efforts to strengthen its position as a leading global hub for talent, innovation and investment.
