QUICK ACTION BY ME CARRIERS

Global airlines scramble to fix Airbus A320 software glitch; flights affected

Sat, 29 Nov 2025

Global airlines scrambled to fix a newly identified software glitch flagged by Airbus in its A320 family of aircraft, and although many carriers rushed to apply the update overnight, the issue still triggered widespread disruption to flight operations around the world.

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MIDEAST CARRIERS SEE 10.7% GROWTH

Global air passenger demand growth surges 6.6% in October

Fri, 28 Nov 2025

Total global passenger demand, measured in revenue passenger kilometres (RPK), was up 6.6% in October 2025 compared to October 2024, said International Air Transport Association (IATA) data.

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INSIGHT

 Middle East life-sciences M&A set to accelerate amid Gulf innovation push: report

Thu, 27 Nov 2025

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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$436 MILLION DEAL

AD Ports sells its 9.77% stake in NMDC to Alpha Dhabi

Thu, 27 Nov 2025

AD Ports Group, a leading global facilitator of trade, logistics, and industry, today announced the sale of its 9.77% stake in NMDC Group, a global leader in engineering, procurement, construction, and marine dredging, to Alpha Dhabi Holding for AED1.6 billion ($436 million).

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ANALYSIS

'Scrappier AI’ is a welcome trend: deVere CEO

Tue, 25 Nov 2025

The AI sector is in a volatile stage as investors “abandon the idea that one unified mentality can carry every company involved in advanced computing”, says Nigel Green, the CEO of deVere Group, one of the world’s largest independent financial advisory organisations.

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Top This Week

ADNOC Gas and EMSTEEL sign $4bn low-carbon gas deal

Wed, 26 Nov 2025

ADNOC Gas and its subsidiaries, a world-class integrated gas processing company, today announced the signing of a landmark agreement, valued between $3.5 billion and $4.2 billion with EMSTEEL, one of the region’s largest integrated steel and building materials manufacturers.

Meraas awards $517m contract for exclusive Dubai villa community project

Tue, 25 Nov 2025

Leading developer Meraas has awarded a AED1.9 billion ($517 million) contract for the construction of its exclusive standalone villa community, The Acres, in Dubailand. The deal covers the first release comprising 642 villas and associated community facilities.

ADNOC approves $150bn capex for 2026-30

Tue, 25 Nov 2025

ADNOC Board of Directors, presided over by UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, has approved a capex of $150 billion (AED551 billion) for 2026-2030 to maintain ADNOC’s current operations and drive smart growth.

AD Ports, Masdar to partner on offshore wind projects

Tue, 25 Nov 2025

AD Ports Group, a global enabler of integrated trade, transport, industry, and logistics solutions, and Abu Dhabi Future Energy Company (Masdar), a global clean energy leader, have signed a partnership agreement to collaborate on the development and delivery of offshore wind projects.

Dubai Airshow 2025 deals hit record $202bn

Tue, 25 Nov 2025

The Dubai Airshow 2025 set a historic record with deals surpassing $202 billion, double the $101 billion secured at the 18th edition in 2023.

Bahrain’s real GDP set for 3.3pc growth in 2026: IMF

Mon, 24 Nov 2025

Despite tight financial conditions and regional uncertainty, Bahrain’s real GDP is likely to hit 2.9% in 2025. With the completion of refinery upgrades and robust services in tourism and finance, it is set to post a 3.3% growth in 2026, said a report by IMF.

Aramco, Pasqal make history with Saudi Arabia’s first quantum computer

Mon, 24 Nov 2025

Aramco, one of the world’s leading integrated energy and chemicals companies, in partnership with Pasqal, a global leader in neutral-atom quantum computing, have achieved a major breakthrough for the Middle East’s technology landscape with the successful deployment of Saudi Arabia’s first quantum computer — and the region’s first quantum computer dedicated to industrial applications.

Big 5 Global opens, connecting regional and global players

Mon, 24 Nov 2025

Big 5 Global, the largest and most influential construction and urban development event in the Middle East, Africa and South Asia (MEASA), opened today (November 24) in Dubai, showcasing 2,800 exhibitors and over 60,000 products, services, systems and solutions from around the world.

Saudi Arabia, UAE set to drive GCC’s 2026 growth

Mon, 24 Nov 2025

Saudi Arabia and the UAE are poised to lead the Gulf’s economic expansion in 2026, supported by strong private-sector performance, resilient domestic demand and renewed investment momentum, according to a new report.

China Harbour snaps up Al Maktoum airport infrastructure package

Sat, 29 Nov 2025

China Harbour Engineering Company (CHEC) has secured the contract for a major infrastructure package in the Phase I expansion of Al Maktoum International Airport. The work involves laying of five parallel runways, terminal buildings and 400 boarding gates.

ABB opens AI and digital solutions training centre in UAE

Thu, 27 Nov 2025

ABB opened a $2-million training and customer experience facility in the UAE on Thursday to develop digital and engineering skills for industrial, power and utility applications across the Middle East.

Global airlines scramble to fix Airbus A320 software glitch; flights affected

Sat, 29 Nov 2025

Global airlines scrambled to fix a newly identified software glitch flagged by Airbus in its A320 family of aircraft, and although many carriers rushed to apply the update overnight, the issue still triggered widespread disruption to flight operations around the world.

Network International buys Rakbank’s merchant acquiring business

Sat, 29 Nov 2025

Network International (Network), a leading fintech company with operations across the Middle East and Africa (MEA) region, said it has reached an agreement with leading UAE group Rakbank to buy its merchant acquiring business in the emirates.

 Middle East life-sciences M&A set to accelerate amid Gulf innovation push: report

Thu, 27 Nov 2025

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.

Salone del Mobile.Milano launches in Riyadh for first time

Fri, 28 Nov 2025

The first edition of “Salone del Mobile.Milano” in Riyadh, which opened on November 26 under the theme ‘Red in progress’, will conclude today (November 28) at King Abdullah Financial District (KAFD).

 Middle East life-sciences M&A set to accelerate amid Gulf innovation push: report

Thu, 27 Nov 2025

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.

ABB opens big AI, digital solutions training centre in UAE

Thu, 27 Nov 2025

ABB, a global technology leader in electrification and automation, has opened a major training and customer experience facility in the UAE aimed at developing digital and engineering skills for industrial, power and utility applications across the Middle East.

Danat, The Bicester Collection in global promotion of Bahrain’s natural pearls

Sat, 29 Nov 2025

Bahrain Institute for Pearls and Gemstones (Danat) has marked a new milestone in its growing global outreach with the launch of Danat–Bicester Collection Lounge at the Jewellery Arabia 2025 for major promotion of the kingdom's natural pearls.

Network International buys Rakbank’s merchant acquiring business

Sat, 29 Nov 2025

Network International (Network), a leading fintech company with operations across the Middle East and Africa (MEA) region, said it has reached an agreement with leading UAE group Rakbank to buy its merchant acquiring business in the emirates.

NBB, Batelco by Beyon in deal to boost integrated retail services

Sat, 29 Nov 2025

The National Bank of Bahrain (NBB) said it has signed an agreement with Batelco by Beyon, the kingdom's leading telecom services company, to broaden the range of value-added retail services accessible through both institutions.

Ashok Leyland sets up Saudi subsidiary in key Mideast expansion

Sat, 29 Nov 2025

Ashok Leyland, an Indian multinational automotive manufacturer, has launched its new subsidiary in Saudi Arabia as part of its Middle East expansion plans. Ashok Leyland Saudi will be setting up assembly plant for buses and trucks in the kingdom.

Danat, The Bicester Collection in global promotion of Bahrain’s natural pearls

Sat, 29 Nov 2025

Bahrain Institute for Pearls and Gemstones (Danat) has marked a new milestone in its growing global outreach with the launch of Danat–Bicester Collection Lounge at the Jewellery Arabia 2025 for major promotion of the kingdom's natural pearls.

DMCC unveils the world’s largest silver bar

Thu, 27 Nov 2025

DMCC, a leading international business district that drives the flow of global trade through Dubai, has unveiled the world’s largest silver bar – a record-breaking 1,971 kg asset officially recognised by Guinness World Records.

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