Middle East CEOs remain among the most confident globally, with 88% expecting economic growth to strengthen in their own territories, and this is even higher at 93% across the GCC, compared with just 55% of CEOs globally, according to a PwC report.
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EDGE Group and Qatar’s Barzan Holdings have agreed to establish a joint venture focused on the collaborative development of advanced defence technologies, reinforcing long-term industrial cooperation between the UAE and Qatar.
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India and the United Arab Emirates have agreed to double their bilateral trade to $200 billion by 2032, underscoring the rapid expansion of economic ties under their Comprehensive Economic Partnership Agreement (CEPA).
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Adnoc Gas, a major unit of Abu National Oil Company (Adnoc) and its subsidiaries announced the signing of a sales and purchase agreement valued at between $2.5 billion - $3 billion for a period of 10 years with Hindustan Petroleum Corporation Limited (HPCL).
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US President Donald Trump’s appearance at Davos this week could have almost immediate and lasting economic consequences for the global economy, warns Nigel Green, CEO of deVere Group, as tensions over Greenland move toward a decisive phase.
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His Majesty King Hamad was briefed on the proposed masterplan to redevelop Awali City in Bahrain, covering commercial, office and residential units as well as green spaces in addition to a pedestrian and sports pathway. It is aimed at preserving the architectural identity and urban heritage of the city.
Gulfood, the world’s largest annual food and beverage event, returns in January to Dubai with two sold-out venues and a record-setting 280,000 sq m of event space.
The Abu Dhabi Department of Economic Development (ADDED) is leading a high-level economic delegation to Italy from January 19–22 as part of Abu Dhabi’s ongoing efforts to deepen strategic partnerships and expand international economic engagement.
The value of assets held by local and foreign public investment funds in the Saudi financial market grew by 36.1% annually, climbing by SAR57.9 billion ($15.44 billion) to approximately SAR217.9 billion ($58.11 billion) by the end of the third quarter of 2025, compared to SAR160.1 billion during the same period in 2024.
Off-plan offices, logistics hubs, and community retail remain key focus areas in Dubai's commercial real estate segment as both domestic and international investors refine their strategies in response to evolving demand and market conditions, says global property consultancy Chestertons.
Dubai-based Avenew Development has awarded the main construction contract for Avenew 888, its flagship residential development in Dubai South, to Al Masaood National General Contracting.
Saudi utilities major Acwa Power has announced the completion of acquisition of French energy giant Engie’s stake in the Al Zour North One Power and Water Plant (Az-Zour North IWPP) in Kuwait. The gas-fired IWPP has a 1.5GW power generation capacity and a 107 MIGD desalination capacity.
Saudi National Shipping Company (Bahri) has announced its new board of directors with Sarah Jammaz Al Suhaimi taking over as its Chairperson and Abdullah Mohammed Al Zamil as the Vice Chairperson. Al Suhaimi had earlier scripted history becoming the first woman CEO of Saudi Stock Exchange.
As Saudi construction sector moves at unprecedented scale and speed, Big 5 Construct Saudi has positioned its January edition as the first major industry touchpoint of the year. The four-day event focuses on fit-out, finishing and project delivery at a critical moment when project developments are rapidly moving from design into execution, said the event organisers.
Saleh Abdulaziz Al Rashed & Sons Company (SAR), a key Saudi provider of integrated construction materials, mining, and industrial spare-parts solutions, has announced its intention to proceed with an initial public offering (IPO) and the listing of its ordinary shares on the Main Market of the Saudi Exchange.
Adnoc has been named the first Emirati brand to enter the Top 100 most valuable global brands and retained its position as the UAE's most valuable brand for an eighth consecutive year, according to a new report from Brand Finance, the world's leading independent brand valuation consultancy.
The Esports World Cup Foundation (EWCF) has announced a total prize pool of $75 million alongside the full game lineup and schedule for the Esports World Cup 2026 (EWC), the world’s largest esports event, set to return to Riyadh, Saudi Arabia, from July 6 through August 23.
Al Habtoor Motors, the exclusive distributor of Fuso in UAE, has announced the official launch of the Next Generation eCanter - a fully electric light-duty truck engineered to decarbonise urban logistics and last-mile delivery operations. Beyond its zero-emission powertrain, it is designed for real commercial versatility.
Middle East CEOs remain among the most confident globally, with 88% expecting economic growth to strengthen in their own territories, and this is even higher at 93% across the GCC, compared with just 55% of CEOs globally, according to a PwC report.
Mira Developments has collaborated with Gianfranco Ferré Home to unveil a new collection of luxury waterfront apartments at Al Marjan Island in Ras Al Khaimah. The Gianfranco Ferré Residences will boast a mix of studios, one- and two-bedroom units alongside a limited number of duplex residences.
Specialized Medical Company (SMC Healthcare), one of Saudi Arabia’s leading private healthcare providers, today announced the official opening of its new outpatient clinic center, SMC Clinics, on Prince Mohammad Bin Saad Bin Abdulaziz Road in Al Malqa District in North Riyadh, marking a significant milestone in the group’s ongoing expansion strategy.
Oman's National University of Science and Technology has announced that work has begun on its new university campus at Sultan Haitham City located within the Muscat governorate. Spanning a 31,890-sq-m area, the key facility will have the capacity to accommodate 2,435 students.
Canon has made two key leadership appointments covering its EMEA and Central and North Africa regions.
Saleh Abdulaziz Al Rashed & Sons Company (SAR), a key Saudi provider of integrated construction materials, mining, and industrial spare-parts solutions, has announced its intention to proceed with an initial public offering (IPO) and the listing of its ordinary shares on the Main Market of the Saudi Exchange.
Saudi Arabia's Ministry of Economy and Planning has announced plans to launch an AI-enabled matchmaking partnership network, SUSTAIN, mainly designed to strengthen cross-sector collaboration and accelerate the delivery of sustainable development initiatives in the kingdom.
Al Habtoor Motors, the exclusive distributor of Fuso in UAE, has announced the official launch of the Next Generation eCanter - a fully electric light-duty truck engineered to decarbonise urban logistics and last-mile delivery operations. Beyond its zero-emission powertrain, it is designed for real commercial versatility.
The Esports World Cup Foundation (EWCF) has announced a total prize pool of $75 million alongside the full game lineup and schedule for the Esports World Cup 2026 (EWC), the world’s largest esports event, set to return to Riyadh, Saudi Arabia, from July 6 through August 23.
Forbes Middle East has announced the launch of a new global strategic initiative at the ongoing World Economic Forum Annual Meeting in Davos 2026. The initiative underscores the region’s growing influence in shaping global economic dialogue and contributing to future-focused international agendas.
