DEAL INKED WITH DP WORLD

APM Terminals unit to buy 37.5pc stake in Jeddah Port terminal

Sat, 21 Feb 2026

APM Terminals, an independent subsidiary of Netherlands-based AP Moller-Maersk, has announced that it has sealed a strategic partnership with DP World, a leading provider of smart end-to-end logistics solutions, to acquire a 37.5% stake in the South Container Terminal in Jeddah.

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NO CLARITY ON FTA STATES

Trump imposes 10% global tariff on imports after Supreme Court setback

Sat, 21 Feb 2026

US President Donald Trump has signed an order imposing a new 10% tariff on imports from all countries, invoking Section 122 of the Trade Act shortly after the Supreme Court struck down his earlier sweeping emergency tariffs.

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FDI UP 13% TO $2.23bn

Abu Dhabi’s real estate market delivers record $38.67bn deals

Fri, 20 Feb 2026

Abu Dhabi’s real estate market recorded total transactions worth a record AED142 billion ($38.67 billion) from 42,814 deals in 2025, representing a 44% increase in value and a 52% rise in transaction volume compared to 2024.

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INSIGHT

Non-oil growth: KSA must focus on quality over scale, says PwC

Fri, 20 Feb 2026

Saudi Arabia’s sweeping diversification drive has transformed the structure of its economy, but the next phase must focus on quality and productivity rather than scale, as oil market dynamics continue to shape non-oil performance, according to PwC.

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ANALYSIS

What is the impact of US-Iran tensions escalating?

Tue, 17 Feb 2026

The US has positioned forces in the Gulf region, pressuring Iran to accept a set of US demands. Diplomatic channels remain open, but miscalculation by either party could result in an escalation. CIO Office Viewpoint from Lombard Odier examines the potential implications if US-Iran tensions were to escalate.

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Top This Week

US military ready for Iran strike, but Trump yet to make a final call

Thu, 19 Feb 2026

The US military is prepared to strike Iran as early as this weekend, though President Donald Trump has yet to make a final decision on whether he’ll authorise such actions, sources familiar with the matter tell CNN. This comes amid the massive US military buildup in the Middle East, including warships and fighter jets.

Aldar unveils 740-unit Wilds Residences in Dubai

Thu, 19 Feb 2026

Leading Abu Dhabi developer Aldar has announced the launch of The Wilds Residences, a prime project featuring six mid-rise apartment buildings nestled within The Wilds, the company’s landmark nature-driven community in Dubai. It boasts 740 apartments with a mix of one- to three-bedroom units.

GCC residential supply to top 7.28m units by 2030; big growth in office space too

Thu, 19 Feb 2026

GCC residential real estate supply is projected to rise from 6.26 million units in 2025 to 7.28 million by 2030, while office space is set to expand from 33.3 million sq m to 42.4 million sq m over the same period.

Revealed: MOON Smart City masterplan, UAE among possible locations

Thu, 19 Feb 2026

Moon World Resorts, a Canadian-based design studio, has announced the debut of MOON’s revolutionary Smart City masterplan. The masterplan combines a unique integrated destination resort, luxury living, authentic space tourism, wellness + longevity and environmental innovation.

ilmi Science Discovery and Innovation Centre at Misk topped off

Thu, 19 Feb 2026

The ilmi Science Discovery and Innovation Centre at Misk City in Riyadh has reached a major construction milestone with a topping-off ceremony, signalling steady progress on what is set to become one of Riyadh’s landmark developments.

BENEFIT records nearly $100bn in e-transactions across all transfer services

Thu, 19 Feb 2026

Bahrain has seen a significant growth in online payments processed through the Electronic Funds Transfer System (EFTS) across all channels, including banking platforms and the BenefitPay app, said BENEFIT, Bahrain’s leading fintech and electronic financial transactions service provider.

Modon Holding posts strong growth; net profit tops $1bn

Thu, 19 Feb 2026

Modon Holding, international holding company headquartered in Abu Dhabi, delivered exceptional financial performance for the full year 2025 reporting revenue of AED13.8 billion ($3.76 billion) and net profit of AED3.9 billion ($1.06 billion), reflecting a robust operating model and an accelerated execution of its strategy.

ArcelorMittal to set up third manufacturing plant in Sharjah

Wed, 18 Feb 2026

ArcelorMittal Projects, part of the world-leading steel and mining group ArcelorMittal, has announced plans to establish its third plant at the Hamriyah Free Zone in Sharjah, spanning over a 1.4 million sq ft area. The operations are set to begin at the facility later this year.

Elsewedy consortium achieves key Rabigh 1 expansion milestone with $1.4bn SEC deal

Wed, 18 Feb 2026

A consortium of Elsewedy Electric and Siemens Energy has achieved a major milestone in the expansion of Saudi Arabia’s Rabigh 1 power plant following the signing of a SAR5.3 billion ($1.4 billion) energy conversion agreement by Saudi Electricity Company (SEC) and Saudi Power Procurement Company (Principal Buyer).

Saudi Arabia spearheading regional green building sector growth

Sat, 21 Feb 2026

Saudi Arabia has emerged as a regional leader in Green Building sector, achieving the highest performance score of 76.3 points and clocking 1.03 million sq m of certified areas. This shift is backed by a robust network of 7,300 experts and a cumulative portfolio of 6,662 projects.

Airport Show 2026 to showcase best-in-class ATM technology

Fri, 20 Feb 2026

A wide range of cutting-edge Air Traffic Management (ATM) and Air Traffic Control (ATC) solutions for the Air Navigation Services Providers (ANSPs) and airport operators will be showcased at the 25th edition of the Airport Show in Dubai.

DNV announces launch of new Industrial Services unit

Sat, 21 Feb 2026

DNV, an independent risk management and assurance expert based in Norway, has launched its Industrial Services unit, evolving its inspection business into a dedicated provider of quality assurance and inspection services for energy, infrastructure and complex industrial supply chains.

Non-oil growth: KSA must focus on quality over scale, says PwC

Fri, 20 Feb 2026

Saudi Arabia’s sweeping diversification drive has transformed the structure of its economy, but the next phase must focus on quality and productivity rather than scale, as oil market dynamics continue to shape non-oil performance, according to PwC.

Aldar unveils 740-unit Wilds Residences in Dubai

Thu, 19 Feb 2026

Leading Abu Dhabi developer Aldar has announced the launch of The Wilds Residences, a prime project featuring six mid-rise apartment buildings nestled within The Wilds, the company’s landmark nature-driven community in Dubai. It boasts 740 apartments with a mix of one- to three-bedroom units.

American Accreditation Commission names Mena head

Sat, 21 Feb 2026

The American Accreditation Commission International (AACI), a premier organisation providing healthcare accreditation and clinical excellence certification, has announced the appointment of Dheeraj Khatore as its new Regional CEO for the Middle East and North Africa.

NBB, Injaz host digital skills development workshop for students

Sat, 21 Feb 2026

The National Bank of Bahrain (NBB), in collaboration with Injaz, has completed its 'Yalla Learn and Earn' initiative for school students with a Masterclass workshop that combined practical learning with real-world application of budgeting and saving through digital tools.

Italian furniture brand Miki Ferrari opens first Mideast showroom

Mon, 16 Feb 2026

Italian luxury furniture brand Miki Ferrari has entered the Middle East market with the opening of its first regional showroom in Sharjah. The new store showcases its contemporary Italian furniture in a warm and welcoming space reflective of its innovative approach to design and craftsmanship.

American Accreditation Commission names Mena head

Sat, 21 Feb 2026

The American Accreditation Commission International (AACI), a premier organisation providing healthcare accreditation and clinical excellence certification, has announced the appointment of Dheeraj Khatore as its new Regional CEO for the Middle East and North Africa.

Abu Dhabi deploy 8 exaflop supercomputer in India

Fri, 20 Feb 2026

Abu Dhabi will establish a national-scale AI supercomputer in India with 8 exaflops of compute capacity, marking a new phase in India’s AI infrastructure development.

Al Habtoor Motors hosts test drive for the all-new Mitsubishi Destinator

Tue, 17 Feb 2026

Al Habtoor Motors, the exclusive distributor of Mitsubishi Motors in the UAE, recently hosted an immersive driving experience at the prestigious Dubai Autodrome, inviting leading media representatives and digital influencers to get behind the wheel of the All-New Mitsubishi Destinator.

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