$8bn PRIVATE SECTOR HUBS

AD Ports signs deals with Nimex Terminals to set up gas terminal at Khalifa Port

Tue, 04 Nov 2025

AD Ports Group, a leading enabler of global trade, logistics, and industry, and Nimex Terminals, have signed two long-term agreements that will position Khalifa Port into a leading trading hub for low-carbon energy and petrochemical logistics.

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AITHER TO BE NATIONAL AI PLATFORM

Dubai Holding, Palantir launch JV to lead AI transformation

Tue, 04 Nov 2025

Dubai Holding, a diversified global investment company with investments in more than 30 countries, and Palantir Technologies, a global leader in operational artificial intelligence platforms, have announced a strategic agreement to establish a joint venture (JV) named Aither.

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TOP INVESTMENT FORUM

Gateway Gulf 2025 secures $17 billion deals for Bahrain

Tue, 04 Nov 2025

The third edition of Gateway Gulf 2025, hosted by the Bahrain Economic Development Board (Bahrain EDB), concluded on a high note with landmark partnerships and agreements valued at over $17 billion, stemming from more than 60 deals and announcements made over the two-day flagship investment forum.

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INSIGHT

Reforms, economic growth fuel Saudi Arabia’s real estate market: CBRE

Mon, 03 Nov 2025

Saudi Arabia’s real estate market is soaring, fuelled by bold reforms and economic momentum, says a report by CBRE Middle East, a global leader in commercial real estate.

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INSIGHT

No more Fed cuts likely this year, US risks stagflation: deVere CEO

Thu, 30 Oct 2025

The US Federal Reserve has likely made its last rate cut of 2025, and inflation can be expected to remain elevated while jobs data continues to deteriorate — conditions that point to the early stages of stagflation.

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Top This Week

Focus on data, not drama - UAE minister urges energy leaders

Mon, 03 Nov 2025

The long-term outlook shows demand growth for every form of energy across every market and the industry's response to meet that demand should focus on the data, not the drama, said Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO.

World's largest rooftop solar power plant to be set up in Bahrain

Mon, 03 Nov 2025

Foulath Holding, an industrial holding company with major steel investments, has announced its partnership with Yellow Door Energy, a leading sustainable energy developer, for a groundbreaking sustainability initiative to develop a massive 123-Megawatt-Peak (MWp) solar project.

Al Salam Bank's ASB Capital marks successful first anniversary

Mon, 03 Nov 2025

Al Salam Bank, one of the fastest growing financial groups in the region, celebrates the first anniversary of its asset management and investment banking arm, ASB Capital, marking a year of steady growth, product innovation, and regional expansion.

World's largest energy event ADIPEC 2025 opens in Abu Dhabi

Mon, 03 Nov 2025

ADIPEC 2025 opened today in Abu Dhabi, hosting its largest ever gathering of global leaders from across the energy ecosystem, bringing together more than 45 ministers and 250 C-suite executives.

SABIC reports 7% revenue decline and lower profit in Q3

Sun, 02 Nov 2025

Saudi Basic Industries Corporation (SABIC) has reported a 7% year-on-year decline in revenue for the third quarter of 2025, with total revenue amounting to SAR34.33 billion ($9.15 billion), primarily due to lower average selling prices and sales volumes.

IMI signs deal with ARO to build new offshore jack-up rig

Sun, 02 Nov 2025

International Maritime Industries (IMI), Saudi Arabia’s maritime construction and repair company and the largest, most technologically advanced full-service maritime facility in the MENA, has signed a landmark agreement with ARO for the construction of a new offshore jack-up rig, Kingdom 4.

Almasar Alshamil Education announces IPO price range

Sun, 02 Nov 2025

Almasar Alshamil Education, a leading provider of specialised education in the GCC, has announced the offer price range and commencement of participating entities’ bidding and book-building process for its initial public offering (IPO) on the Main Market of the Saudi Exchange.

China’s Xincheng Jiao to invest $11.6bn in Jazan vehicle plant

Sun, 02 Nov 2025

The Jazan Chamber of Commerce and Industry (JCCI) has signed a cooperation agreement with China’s Xincheng Jiao Technology to establish a modern and advanced vehicle manufacturing facility in Saudi Arabia, with investments estimated at around €10 billion ($11.6 billion) over a period of 15 years.

Saudi Arabia eyes investments in advanced manufacturing technologies, marine industries

Sun, 02 Nov 2025

Saudi Arabia's Minister of Industry and Mineral Resources Bandar Alkhorayef held bilateral meetings with leaders of several global companies specialising in advanced manufacturing technologies and marine industries last week.

Accor adds Sofitel Jabal Omar Makkah to its portfolio

Tue, 04 Nov 2025

Accor, a global leader in hospitality, has announce the signing of Sofitel Jabal Omar Makkah, a property located in the heart of Makkah, within walking distance of the holy mosque. Set to open in 2026, this hotel will be the largest sofitel property in the world, with 1,141 rooms and suites.

KBR awarded detailed engineering contract for Qatar offshore project

Tue, 04 Nov 2025

KBR announced on Tuesday that it has been awarded a contract for detailed engineering services for the Bul Hanine oil and gas field in Qatar. Under the terms of the contract, KBR will provide detailed design and engineering services for QatarEnergy’s Bul Hanine EPIC project, situated approximately 120 km east of Doha.

Authentic experiences, AI insights fuel travel sector growth: WTM report

Tue, 04 Nov 2025

Gigtripping and AI are trends driving the travel sector's growth, according to the WTM Global Travel Report. The industry is projected to grow 3.5% annually over the next decade, reaching over $16 trillion by 2035, fuelled by changing consumer behaviour.

Silver Stone to set up complex in Suhar Industrial City

Tue, 04 Nov 2025

Suhar Industrial City, operating under the Public Establishment for Industrial Estates (Madayn), has signed an investment agreement with Silver Stone Company to establish an industrial complex within the city.

Reforms, economic growth fuel Saudi Arabia’s real estate market: CBRE

Mon, 03 Nov 2025

Saudi Arabia’s real estate market is soaring, fuelled by bold reforms and economic momentum, says a report by CBRE Middle East, a global leader in commercial real estate.

Ohana Development offers $21m Sky Mansions

Sat, 01 Nov 2025

Ohana Development captures the essence of coastal luxury with the Sky Mansions at Jacob & Co. Beachfront Living by Ohana, a limited collection of AED77 million ($20.96 million) residences that offer true seclusion and an unbroken connection to land and water.

Saudi hospitals implement advanced CareWare system by ats

Thu, 30 Oct 2025

Raqamat Specialist Hospital, Khotwah Specialist Hospitals, and Msharef Hospital have implemented the latest version of CareWare, an advanced medical information management system developed by Adaptive TechSoft (ats) — a Saudi technology company supporting the Kingdom’s efforts to build a digitally empowered healthcare ecosystem.

Alba boosts local talent development with new appointment

Tue, 28 Oct 2025

Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has appointed Ahmed Mazen Matar as its new Manager Training. In this pivotal role, Matar will oversee the design and implementation of training programmes across Alba’s operations.

GMG launches new luxury home concept in UAE

Fri, 31 Oct 2025

GMG, a global well-being company, has launched Modora, a new luxury home concept that expands its home division and reinforces its position in the UAE’s interiors and lifestyle retail sector. This coincides with the first anniversary of its home division.

Gateway Gulf 2025 secures $17 billion deals for Bahrain

Tue, 04 Nov 2025

The third edition of Gateway Gulf 2025, hosted by the Bahrain Economic Development Board (Bahrain EDB), concluded on a high note with landmark partnerships and agreements valued at over $17 billion, stemming from more than 60 deals and announcements made over the two-day flagship investment forum.

Dubai Holding, Palantir launch JV to lead AI transformation

Tue, 04 Nov 2025

Dubai Holding, a diversified global investment company with investments in more than 30 countries, and Palantir Technologies, a global leader in operational artificial intelligence platforms, have announced a strategic agreement to establish a joint venture (JV) named Aither.

BMW 7 Series Suhail Edition: A tribute to Arabian legacy

Sat, 01 Nov 2025

BMW Middle East has presented one of its most exclusive and poetic creations for the Middle East region to date: the BMW 7 Series Suhail Edition, in Riyadh.

UNDP inks collaboration deal for Sustainability Forum Middle East

Mon, 27 Oct 2025

The United Nations Development Programme (UNDP) and FinMark Communications have signed an agreement to boost collaboration for the upcoming edition of Sustainability Forum Middle East to be held in the Kingdom of Bahrain in January.

Bahrain awards tenders worth $3bn in first nine months of 2025

Mon, 03 Nov 2025

Bahrain’s government has awarded tenders worth $3 billion (BD1.155 billion) during the first nine months of 2025, government procurement regulator, the Tender Board, announced at the prestigious investment forum, Gateway Gulf 2025.

Gulf Construction

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