Saudi Arabia's Public Investment Fund (PIF) Governor Yasir Al-Rumayyan said NEOM projects are presently being restructured to achieve higher economic efficiency and long‑term financial sustainability.
Read more
Saudi Arabia's Public Investment Fund (PIF) has approved its 2026-2030 strategy which focuses on transforming PIF’s portfolio of 13 strategic sectors into six integrated economic ecosystems, strengthening the linkages among them and creating a broader spectrum of partnership and investment opportunities for the private sector.
Read more
Fresh diplomatic signals from Tehran and Washington have raised cautious optimism about a potential deal to de-escalate tensions around the Strait of Hormuz and end the war.
Read more
Iran has warned it could disrupt shipping in the Red Sea and beyond if the United States continues its naval blockade, even as U.S. President Donald Trump said the world should brace for an “amazing two days” that could bring the conflict close to an end.
Read more
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.
Read more
Bahrain's Electricity and Water Authority (EWA) has announced that three utility firms are vying for the contract to develop 400kV and 220kV feeder cable works as part of the New Sitra Grid Substation project. The scope of work includes design, manufacture, supply, installation, testing and commissioning of the feeder cables.
GCC economies are set for a sharp rebound, with growth forecast to reach 8.5% in 2027, according to ICAEW’s latest Economic Insight Q1 2026 report, produced in partnership with Oxford Economics.
Quarterly net profits reported by companies listed on GCC exchanges witnessed a sharp sequential decline and reached the lowest level in 12 quarters during Q4-2025, said a Kamco research report.
The prime UAE real estate markets of Dubai and Abu Dhabi have reported strong demand for ultra-luxury residential properties, thus reflecting growing investor confidence and an increasingly selective market where capital is concentrating in key locations and credible developments, said an industry expert.
UAE-based Al Ghurair Development has announced that it has signed up top global practice Pelli Clarke & Partners as the lead masterplan design architect for its large-scale transit-connected, mixed-use masterplan community in Al Jaddaf, Dubai.
Lenovo opened its regional headquarters for the Middle East, Türkiye, and Africa in Riyadh on Sunday, marking a significant step in the Kingdom’s efforts to strengthen its position as a regional hub for global companies in line with the objectives of Saudi Vision 2030.
The impact of the Middle East war is substantial, global, and highly asymmetric, disproportionately affecting energy importers, in particular low-income countries, said heads of the International Energy Agency, International Monetary Fund, and World Bank Group.
Oil prices fell below $100 a barrel this morning (April 14) over signs of new US-Iran dialogue to end their war. Brent crude was at $97.8 in early trade, while US WTI crude was at $96.83.
Abu Dhabi's Metal Park has announced the launch of 25,000–30,000 metric tons per month of new cut-and-bend rebar capacity starting in Q2 2026, equivalent to roughly 10–12% of the UAE’s total monthly consumption.
Saudi Arabia's Public Investment Fund (PIF) Governor Yasir Al-Rumayyan said NEOM projects are presently being restructured to achieve higher economic efficiency and long‑term financial sustainability.
Shuaa Capital Saudi Arabia has joined hands with Gate Capital Financial Services, an established financial advisory firm, for launch the first of its kind alternative investment fund dedicated to the consolidation of the fuel retail sector in the Kingdom of Saudi Arabia (KSA).
Accor, a world-leading hospitality group, announces the signing of the Pullman New Capital Hotel & Residences in Egypt, marking the debut of Pullman Hotels & Resorts in Cairo.
Fresh diplomatic signals from Tehran and Washington have raised cautious optimism about a potential deal to de-escalate tensions around the Strait of Hormuz and end the war.
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.
Rolls-Royce Motor Cars has presented Project Nightingale, a Coachbuild Collection, an extraordinary production concept of an open two-seat motor car that introduces a dramatic new expression of Rolls-Royce design.
Thumbay University Hospital has inaugurated its Institute of Neurosciences, a dedicated centre for the diagnosis, treatment, and management of complex disorders of the brain, spine, and nervous system.
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.
Saudi Arabia's Public Investment Fund (PIF) has approved its 2026-2030 strategy which focuses on transforming PIF’s portfolio of 13 strategic sectors into six integrated economic ecosystems, strengthening the linkages among them and creating a broader spectrum of partnership and investment opportunities for the private sector.
Cumulocity, a global leader in industrial AIoT, has signed a strategic partnership agreement with Aramco Digital to expand the deployment of its enterprise-grade platform across the region.
Nissan Motor Co has unveiled a new long-term vision aimed at reshaping its future around artificial intelligence-led mobility and a stronger focus on customer experience.
The Future Investment Initiative (FII) Institute, a global non-profit foundation with an investment arm and one agenda, Impact on Humanity, has announced FII Priority Europe Summit, taking place June 17–19, 2026, in Rome, Italy.
Talks aimed at ending the Iran war could resume in Pakistan within the next two days, US President Donald Trump said on Tuesday, raising cautious hopes for a breakthrough even as a fragile ceasefire nears its expiry in the coming days.
