The GCC will continue to build on its achievements with a shared vision and unified policies, His Majesty King Hamad said, chairing the 46th session of the GCC Summit at Sakhir Palace on Wednesday.
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Several major projects and decisions were announced during the fourth meeting of the Bahraini-Saudi Coordination Council, co-chaired by HRH Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister of Bahrain, and HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia.
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The Saudi Bahraini Investment Company (SBIC), a PIF company, has signed an agreement with Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of Bahrain, aimed at expanding opportunities of investment cooperation between the two parties.
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Millions of jobs, especially those held by women and young people, face significant exposure to automation, if core principles of ethical and inclusive governance of Artificial intelligence (AI) are not considered, said a new report from the United Nations Development Programme (UNDP).
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A sharp rise in life-sciences mergers and acquisitions (M&A) are likely across the Middle East as Gulf governments intensify efforts to build a globally competitive biotech and health-technology manufacturing base, according to a new Grand View Research study.
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Bahrain's national carrier Gulf Air has recorded strong performance results for October amid growing demand which remained robust across its expanding network. The airline flew 598,363 passengers for the month, up 18% over last year.
G42, an artificial intelligence development company based in Abu Dhabi, has welcomed the US decision to authorise the export of advanced AI semiconductors to G42.
The Goldman Sachs Group has entered into a deal to acquire US-based Innovator Capital Management, a pioneer of defined outcome ETFs for $2 billion. The Innovator manages $28 billion of assets under supervision (AUS) across 159 defined outcome ETFs.
Tenable, the exposure management company, has announced the formal establishment of a new legal entity in Saudi Arabia. This move signals its investment in the region and a commitment to supporting the nation's ambitious digital transformation under Vision 2030.
The UAE's hospitality sector continued its strong upward trajectory in the first nine months of 2025, with hotels welcoming 23.27 million guests – up 4.9 percent compared to the same period in 2024 - resulting in more than 79.3 million hotel room nights booked, said Abdulla bin Touq Al Marri, Minister of Economy and Tourism.
The 54th UAE Eid Al Etihad arrives this year crowned with exceptional economic and tourism achievements that reflect the vision of the UAE’s leadership and the strength of the Union, said Abdulla bin Touq Al Marri, Minister of Economy and Tourism.
Buro Happold has announced that it has been signed up as the lead design consultant for the detailed master plan of the mega Expo 2030 Riyadh as well as for the design of public realm, landscape, infrastructure and its utilities and the Expo legacy.
Acwa Power, the world's largest private water desalination company, has announced that it has, along with its partners Badeel and Saudi Aramco Power Company (Sapco), achieved a $8.2 billion financial close for 15GW renewable energy projects in Saudi Arabia.
Bahrain Metro project is in its final stages of preparation, with the authorities now reviewing the optimal mode of transport for the network, whether it will be a metro or a monorail, said a report citing the transport minister.
Leading architect Frida Escobedo, the founder and principal of the Mexico City and New York-based Frida Escobedo Studio, has been awarded the contract to design the new headquarters for Qatar's Ministry of Foreign Affairs.
Hammertech, a subsidiary of Nordic Technology Group (NTG), has received a substantial repeat order valued at approximately NOK 4.1 million from a major global drilling service provider.
Leading developer H&H has announced the launch of Dubai Peninsula, a rare enclave along the Jumeirah coastline that is set to redefine the future of ultra-luxury living in the region, introducing an unprecedented waterfront destination.
Aluminium Bahrain (Alba), a world-leading aluminium smelter, marked the Bahraini Women’s Day in style with a special ceremony to celebrate the contributions of its female workforce. It also pledged to create more pathways for their growth and success.
Millions of jobs, especially those held by women and young people, face significant exposure to automation, if core principles of ethical and inclusive governance of Artificial intelligence (AI) are not considered, said a new report from the United Nations Development Programme (UNDP).
Lifestyle real estate brand Elevate has joined hands with hospitality group Ennismore for the unveiling of the AED1.8 billion ($490 million) Mondrian Al Marjan Island Beach Residences, featuring 343 homes with a mix of one- to five-bedroom apartments.
New Murabba, a major developer powered by Saudi sovereign wealth fund PIF, has signed an agreement with the US Green Building Council to advance sustainable design and next-generation green building practices across Riyadh’s new downtown.
Aluminium Bahrain (Alba), a world-leading aluminium smelter, marked the Bahraini Women’s Day in style with a special ceremony to celebrate the contributions of its female workforce. It also pledged to create more pathways for their growth and success.
Arab Financial Services (AFS) said it has delivered a standout performance at Jewellery Arabia 2025, supporting seamless digital payments across the five-day event, recording 160% payment growth, one of the strongest years in terms of both domestic and global activity.
Investcorp Capital, a unit of Bahrain-based Investcorp, has announced that it has acquired a diversified portfolio of industrial assets for $400 million. The deal covers properties located across coastal markets in both the eastern and western US.
Bahrain Marina Development Company has signed a strategic partnership agreement with Batelco by Beyon to provide integrated internal and external GSM communication services across its premium Bahrain Marina project in Manama.
The National Automotive and Vehicles Academy (NAVA), a key venture of Saudi PIF, has signed a strategic agreement with the kingdom's first automotive company Ceer to launch an intermediate diploma programme in automotive manufacturing technology.
Leading architect Frida Escobedo, the founder and principal of the Mexico City and New York-based Frida Escobedo Studio, has been awarded the contract to design the new headquarters for Qatar's Ministry of Foreign Affairs.
The GCC will continue to build on its achievements with a shared vision and unified policies, His Majesty King Hamad said, chairing the 46th session of the GCC Summit at Sakhir Palace on Wednesday.
