Bahrain Aluminium Extrusion Company (Balexco), a leading producer of aluminium extrusion products used primarily in construction sector with operations across the GCC, is planning a stock market listing after shareholders approved a proposal to transform the company into a public shareholding firm.
The Saudi Power Procurement Company (Principal Buyer) has commenced the qualification process for the second group of Battery Energy Storage System (BESS) projects, consisting of a total of six projects.
dnata, a leading air and travel services provider based in Dubai, has announced plans to establish a dedicated cargo terminal facility at Western Sydney International (Nancy-Bird Walton) Airport (WSI). Once operational, the 5,000 sq m facility will handle up to 60,000 tonnes of cargo per annum.
Bahrain Aluminium Extrusion Company (Balexco), a leading producer of aluminium extrusion products used primarily in construction sector with operations across the GCC, is planning a stock market listing after shareholders approved a proposal to transform the company into a public shareholding firm.
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.
UAE-based developer H&H, in partnership with Aman Group, has announced the official groundbreaking of its luxury waterfront destination in Dubai. Designed by Kerry Hill Architects (KHA), Aman Dubai will comprise a premium hotel along with 78 branded residences and a limited collection of waterfront villas.
AWS announced Amazon Bio Discovery, a new AI-powered application designed to help scientists design and test novel drugs more quickly and confidently.
Gulf women continue to strengthen their presence in the development journey of GCC countries, supported by a young population base and growing participation in the labour market, according to a GCC-Stat report.
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 will join the JPMorgan Emerging Market Bond Index (GBI-EM) in 2027, with sovereign bonds expected to reach a 2.52% weighting.
Emirates Integrated Telecommunications Company (du) delivered a resilient financial performance in the first quarter, with revenue growing by 6.9% to AED4.1 billion ($1.116 billion), a record EBITDA margin of 49.5%, and net profit growing by 15.5% to AED0.8 billion ($217.8 million).
Abu Dhabi's Integrated Transport Centre (ITC) has announced that it has achieved a major milestone with its green bus fleet surpassing 1.3 million eco-friendly kilometres since its launch in 2024. Its green fleet comprises buses powered by hydrogen fuel cell technology and electric energy.
Sharjah Architecture Triennial will present 'A Journey into Architecture Archives: Baghdad, Damascus, Tunis', a new chapter in its long-term research initiative dedicated to architectural archives in the Arab world.
Hours before the US-Iran ceasefire was to end, US President Donald Trump said he is extending the truce until Tehran has submitted a proposal to end the war.