Dubai is set to take a major leap in urban mobility with plans for a dedicated metro link connecting its two international airports, marking a significant expansion of the emirate’s fast-growing metro network.
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Acwa signed a $3 billion power purchase agreement (PPA) with Saudi Power Procurement Company for the Rabigh 2 expansion, a 2,313.5 MW gas-fired plant in Makkah, including future carbon capture readiness and a 380 kV substation upgrade.
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The total value of rental contracts in Dubai during Q1 2026 reached AED32.2 billion ($8.77 billion), reflecting a sustained pace of activity, according to data from the Dubai Land Department.
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The nearly two-month-long conflict involving US, Israel and Iran has inflicted a heavy toll on global energy markets, erasing tens of billions of dollars in potential oil output and triggering one of the most severe supply disruptions in recent history.
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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.
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Etihad Airways has announced a significant expansion of its Africa network, adding new routes to the Democratic Republic of the Congo, Eritrea, Ghana, Nigeria and Zimbabwe from Abu Dhabi, as part of its continued global growth strategy.
Energy output lost in the Middle East from the ongoing conflict in the region will take about two years to recover, Fatih Birol, the head of the International Energy Agency, was quoted as saying in an interview with the Neue Zuercher Zeitung newspaper.
Iran has announced that commercial shipping through the strategically vital Strait of Hormuz will remain fully open for the duration of the current ceasefire, signalling a potential easing of tensions in one of the world’s most critical energy corridors.
Dubai's commercial property market is entering a phase of "strategic maturation," where focus has shifted from volume-driven to value-driven acquisitions has pushed capital values to historic highs, says CRC (Commercial Real Estate Consultants) in a report.
Chedi Hospitality, a leader in design-led luxury hospitality, has partnered with Rawasi Development to explore a new destination in Jabal Bausher, Oman.
Saudi Arabia has taken a significant step forward on its long-planned Landbridge railway, awarding Spanish engineering firm Sener the lead design contract for the multi-billion-dollar project linking the Red Sea to the Arabian Gulf, according to published reports.
Momentum is building toward US-Iran peace talks over the weekend following a possible agreement over Tehran’s nuclear programme and the ceasefire in Lebanon.
Growth across the Middle East, North Africa, Afghanistan and Pakistan (MENAP) region is set to slow sharply in 2026 following the economic shock triggered by the recent US–Israel–Iran war, the International Monetary Fund has warned.
US President Donald Trump has announced a 10-day ceasefire between Israel and Lebanon, which he said would begin at 5 pm EST (10 pm GMT).
Qatar General Electricity and Water Corporation (Kahramaa) has invited bids for a major 2026 expansion of the country’s power transmission system. The project scope covers an EPC contract for new substations across multiple voltage levels - from 132/11kV to 400kV capacity.
Kuwait has declared force majeure on shipments of crude oil and refined products after a blockade of the Strait of Hormuz prevented some vessels from entering the Persian Gulf, hindering its ability to meet certain customer commitments, Bloomberg News reported.
Leading regional lowcost airline flydubai has announced plans to launch flights to Don Mueang Airport in Bangkok starting from July 1, thus marking its second destination in Thailand alongside Krabi. The Dubai carrier will be operating it in a codeshare with Emirates.
The International Fund for Agricultural Development (IFAD) has warned that the conflict in the Middle East is creating severe disruptions for smallholder farmers and producers around the world and exposing the global food system’s structural vulnerabilities to external shocks.
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.
Egis recently celebrated a significant milestone following the official opening of Yas Waterworld Yas Island after its key expansion that added 16,900 sq m of new facilities. Egis Engineering team had served as the lead design consultant for the revamp of the region’s leading water park.
Emirates has continued its commitment to making travel more accessible for all, by successfully arranging bespoke Emirates Travel Rehearsals across more than 40 cities globally over the past year.
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.
Bain & Company, a leading global management consultancy, has announced it is expanding its UAE footprint with a new office space in Abu Dhabi, reiterating its long-standing commitment to the UAE’s growing role as a hub for regional and global business.
Cisco has launched its Sovereign Critical Infrastructure (SCI) portfolio for customers across Europe, the Middle East and Africa region. The SCI addresses the needs of organisations to innovate at pace while maintaining even greater control and autonomy over their data and digital infrastructure.
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.
The International Fund for Agricultural Development (IFAD) has warned that the conflict in the Middle East is creating severe disruptions for smallholder farmers and producers around the world and exposing the global food system’s structural vulnerabilities to external shocks.
