IRAN THREATENS RETALIATION

Trump issues 'locked and loaded' warning to Iran amid deadly protests

Sat, 03 Jan 2026

Iran’s leadership lashed out Friday after US President Donald Trump threatened intervention amid deadly protests, with Iranian officials warning that American troops in the region could be targeted if Washington interferes, said media reports.

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TRUMP ORDERED STRIKE, SAYS TV

Explosions rock Venezuela capital amid row with US

Sat, 03 Jan 2026

Multiple explosions were heard across Venezuela’s capital early Saturday, with plumes of smoke rising over parts of the city and power outages reported in several neighbourhoods, according to local residents and international media.

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REVENUES TO RISE 2.4%

Oman 2026 budget sees 1.5% rise in spending to $31.15bn

Fri, 02 Jan 2026

Oman's General State Budget for 2026 forecasts total public expenditure of approximately RO11.977 billion ($31.15 billion), rising by 1.5 percent from the approved expenditure for 2025.

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ANALYSIS

Investing in 2026 will reward judgment, not comfort: deVere CEO

Tue, 30 Dec 2025

Investors are likely to face a more demanding but opportunity-rich market in 2026 as they look to the year ahead to build and safeguard wealth, affirms the CEO of one of the world’s largest independent financial advisory organisations.

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INSIGHT

AI, policy divergence to shape global investment outlook in 2026

Tue, 30 Dec 2025

Rapid advances in artificial intelligence, shifting geopolitical dynamics and diverging monetary policy paths are reshaping the investment landscape as investors look ahead to 2026, according to a new Market GPS Investment Outlook from Janus Henderson Investors.

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Top This Week

Doha named 2026 GCC Tourism Capital

Wed, 31 Dec 2025

The committee responsible for the GCC Tourism Capital has officially announced Doha as the GCC Tourism Capital for 2026, within the framework of strengthening joint tourism cooperation among GCC member states.

Saipem snaps up $600m Saudi Aramco offshore contracts

Wed, 31 Dec 2025

Saipem, a global leader in the engineering and construction of major projects, has secured $600 million offshore contracts from Saudi oil giant Aramco. The scope of work includes EPCI services for 34km of pipeline as well as 300m of onshore pipeline network in Saudi Arabia.

Gold set for best year in nearly half a century

Wed, 31 Dec 2025

Gold was steady on Wednesday but remained on track for its strongest annual gain in over four decades, while other precious metals fell sharply as investors booked profits after a strong, record-setting rally.

Eco-luxury hospitality destination Nomad opens in Kalba

Wed, 31 Dec 2025

Nomad, Sharjah’s new eco-luxury hospitality destination in Kalba, will receive first guests today (December 31).

ACWA Power agrees to buy stakes in 5 China wind power projects

Wed, 31 Dec 2025

ACWA Power Co has announced its entry into China after securing more than 1 gigawatt (GW) of renewable energy projects, according to a stock exchange disclosure.

Riyadh airport's third runway construction works begin

Wed, 31 Dec 2025

Riyadh's King Salman International Airport (KSIA), a PIF company, has commenced construction works on the third runway, marking a strategic step that reflects continued progress in airfield development and enhances the airport’s operational readiness to support long-term growth in air traffic demand.

Natural gas accounts for 70% of Mubadala Energy production portfolio

Wed, 31 Dec 2025

Natural gas accounts for about 70 percent of Mubadala Energy’s production portfolio, the company’s Chief Operating Officer Adnan Bu Fateem said, describing 2025 as a "pivotal" year for the company’s international expansion.

Qatari Diar awards construction package for New Cairo CityGate project

Tue, 30 Dec 2025

Qatari Diar Egypt has announced that it has awarded one of the main construction packages for its premium CityGate New Cairo project to Egyptian builder Concrete Plus. The scope of work includes construction of 300 residential units in addition to infrastructure works.

Six Flags Qiddiya City opens

Tue, 30 Dec 2025

Six Flags Qiddiya City, a major new entertainment destination in Saudi Arabia, was officially opened on Monday evening under the patronage of Governor of Riyadh Region Prince Faisal bin Bandar bin Abdulaziz.

SDAIA starts work on world’s largest government data centre in Riyadh

Fri, 02 Jan 2026

Saudi Data and Artificial Intelligence Authority (SDAIA) has laid the foundation stone for its ‘Hexagon’ Data Centre on a 30 million sq ft area in Riyadh. Once completed, the key 480MW facility will become the world’s largest government data centre by capacity.

SalamAir flew 839,630 passengers across its network in Q4

Sat, 03 Jan 2026

Oman’s low-cost carrier SalamAir has announced that it had operated nearly 5,800 flights carrying a total of 839,630 passengers across its network during the fourth quarter with an on-time performance of 77.5%, thus highlighting its operational resilience.

ICD extends $20m financing to non-woven fabrics firm in Jordan

Fri, 02 Jan 2026

The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank (IsDB) Group, has extended $20 million medium-term Islamic finance facility to Applied Plastic Industries Company (API), a leading manufacturer of non-woven fabrics in Jordan.

Investing in 2026 will reward judgment, not comfort: deVere CEO

Tue, 30 Dec 2025

Investors are likely to face a more demanding but opportunity-rich market in 2026 as they look to the year ahead to build and safeguard wealth, affirms the CEO of one of the world’s largest independent financial advisory organisations.

Work starts on 35-km green corridor at King Salman Park

Tue, 30 Dec 2025

Work has begun on the Dhahrat Namar Park, a 35-km green corridor in southwest Riyadh being developed as part of the massive King Salman Park project. Spanning 2.4 million sq m, it features tree-lined pedestrian promenades, 52 km of walking trails and a 33-km cycling track.

Aster Guardians Global Nursing Award extends deadline

Wed, 31 Dec 2025

The Aster Guardians Global Nursing Award 2026, an initiative from Aster DM Healthcare – a leading integrated healthcare provider - has announced the extension of its deadline to January 11, 2026.

Serco names new Saudi corporate services head

Wed, 31 Dec 2025

Serco has appointed Maryam Alamasi as the new Head of Corporate Services for Saudi Arabia. An industry veteran, she has more than 18 years of experience in digital transformation, enterprise architecture and large-scale programme delivery.

Precious metals kick off New Year on strong note

Sat, 03 Jan 2026

Precious metals kick-started the New Year on a strong note resuming their rally after unprecedented gains in 2025. Spot gold climbed 1.3% to $4,372 per ounce on Friday, while spot silver added 2.8% to hit $73.30 per ounce after hitting a record high last year.

Precious metals kick off New Year on strong note

Sat, 03 Jan 2026

Precious metals kick-started the New Year on a strong note resuming their rally after unprecedented gains in 2025. Spot gold climbed 1.3% to $4,372 per ounce on Friday, while spot silver added 2.8% to hit $73.30 per ounce after hitting a record high last year.

SDAIA starts work on world’s largest government data centre in Riyadh

Fri, 02 Jan 2026

Saudi Data and Artificial Intelligence Authority (SDAIA) has laid the foundation stone for its ‘Hexagon’ Data Centre on a 30 million sq ft area in Riyadh. Once completed, the key 480MW facility will become the world’s largest government data centre by capacity.

Daimler Truck OEM nod for Al Maha Petroleum diesel engine oil

Thu, 01 Jan 2026

Oman-based Al Maha Petroleum Products Marketing Company has announced that its heavy-duty diesel engine oil, Ampro Dextra 15W40 CI-4, has obtained DTFR approval from Daimler Truck, confirming its official OEM approval for use in Mercedes-Benz Trucks.

Nesma lands Expo 2030 Riyadh main utilities, civil works package

Wed, 31 Dec 2025

Nesma and Partners, a leading provider of integrated project solutions, has secured the main utilities and civil works package for Expo 2030 Riyadh. The scope of work includes construction of roads within the Expo site and installation of essential utilities.

Bahrain begins term as United Nations Security Council member

Sat, 03 Jan 2026

The Kingdom of Bahrain has begun its term as a non-permanent member of the United Nations Security Council for 2026-2027 with Ambassador Jamal Fares Al Rowaiei, Permanent Representative of Bahrain to the United Nations in New York joining the council.

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