Digital City Bahrain has signed up Brewer Smith Brewer Group as the design architect and lead consultant for Trio Park, the first phase of the key project coming up at the Beyon Campus in Hamala. It boasts three circular buildings of 39,000 sq m GFA with private internal courtyards as well as retail and F&B space.
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Saudi Arabia has postponed its plans to stage the 2029 Asian Winter Games, in co-ordination with the Olympic Council of Asia, after months of uncertainty, following reports that its venue, Trojena, the 1,400-sq-km mountain resort, would not be ready in time, said a report.
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Etihad Water and Electricity has announced that it is part of two consortiums that have been awarded the contracts to develop 2.6GW power plants in Oman. These plants, which will be using combined cycle gas turbine technology, will be set up at a total investment of RO1 billion ($2.6 billion).
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After years of bold ambition and heavy investment, artificial intelligence adoption in both Saudi Arabia and UAE is entering a more performance-driven phase amid reports that AI could contribute $135 billion to the kingdom’s economy and $96 billion to the emirates' economy by 2030, said an expert.
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As we move into early 2026, the US dollar is facing growing challenges. Its recent weakness isn’t just part of a normal economic cycle, but it reflects rising political uncertainty and shifting global confidence in the United States.
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Saudi Arabia has become a major global player in tourism, with the sector now contributing approximately 5% of the kingdom’s GDP and accounting for nearly 5% of total employment, said Ahmed Al-Khateeb, Minister of Tourism of the Kingdom of Saudi Arabia.
Titan Lithium Industries Ltd, the UAE’s flagship lithium refinery, has signed a supply framework agreement with Mercedes-Benz AG to supply battery-grade lithium for the automaker’s global electric-vehicle portfolio.
The UAE attracted over $45 billion in foreign direct investment last year, up nearly 50% year-on-year, even as global FDI declined by 11%, said a senior official.
A tsunami is hitting the labour market as AI is quickly reshaping economies; while some roles grow, others will disappear, warned Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF).
More than 70 agreements, contracts, and memoranda of understanding were signed with a total value exceeding QAR18.5 billion ($5.06 billion) at the ninth edition of the Doha International Maritime Defence Exhibition and Conference (DIMDEX 2026), which concluded in Doha on Thursday.
Saudi Electricity Company (SEC) has signed an Energy Conversion Agreement (ECA) with the Saudi Power Procurement Company (Principal Buyer) for the purchase of energy produced from the SAR5.33 billion ($1.4 billion) Rabigh 1 Expansion Power Plant.
New Murabba, a Public Investment Fund company, has signed a memorandum of understanding (MoU) with Saudi Arabia's Ministry of Industry and Mineral Resources to explore the strengthening of local content, expand national supply chains, and enhance industrial collaboration across one of the Kingdom’s most ambitious urban developments.
Arada, a UAE-headquartered developer, registered year-on-year sales growth of 199% in the UAE during 2025, with AED17.3 billion ($4.71 billion) worth of homes sold across master-planned communities and luxury developments in Dubai and Sharjah.
Masdar has partnered with Emirates Utilities Development Company (EUDC) and Uzbekistan’s Ministry of Energy to develop a gigascale 24/7 clean energy project. The initiative aims to provide up to 1 GW of baseload power, with state-owned JSC Uzenergosotish as the offtaker.
Leading Indian property developer Casagrand has broken ground on its premium residential project - Hermina - on Dubai Islands, thus marking its entry into the Middle East real estate market. Set for completion in Q2 2028, the project will feature a total of 131 residential units and other amenities.
Kuwait has awarded a major contract worth KD999.8 million ($3.3 billion) to China State Construction Engineering Corp for the construction of North Kabd sewage plant. The scope of work includes design and build as well as operation and maintenance services for over a 10-year period.
Bahrain Airport Company (BAC) has announced the appointment of Eman Marhoon as its new Vice President, Corporate Communications. An industry veteran, she brings over 25 years of experience in strategic engagement across corporate communications and journalism to the new role.
Saudi banks’ credit profiles remain solid, with financial metrics displaying lower sensitivity to economic downturns than most GCC peers, underpinned by still-high government spending, ongoing economic diversification, said Fitch Ratings in a new report.
After years of bold ambition and heavy investment, artificial intelligence adoption in both Saudi Arabia and UAE is entering a more performance-driven phase amid reports that AI could contribute $135 billion to the kingdom’s economy and $96 billion to the emirates' economy by 2030, said an expert.
Digital City Bahrain has signed up Brewer Smith Brewer Group as the design architect and lead consultant for Trio Park, the first phase of the key project coming up at the Beyon Campus in Hamala. It boasts three circular buildings of 39,000 sq m GFA with private internal courtyards as well as retail and F&B space.
Schneider Electric, a global energy technology leader, has announced that its Dubai headquarters, The Nest, has obtained both the LEED ID+C Platinum and WELL Equity certifications, thus setting a new benchmark for intelligent buildings in the Middle East.
Bahrain Airport Company (BAC) has announced the appointment of Eman Marhoon as its new Vice President, Corporate Communications. An industry veteran, she brings over 25 years of experience in strategic engagement across corporate communications and journalism to the new role.
Canon has made two key leadership appointments covering its EMEA and Central and North Africa regions.
Bahrain Bourse (BHB), a licenced exchange by the Central Bank of Bahrain, has announced that it has joined the Bahrain Association of Banks (BAB), reinforcing collaboration with the financial markets and supporting the continued development of Bahrain’s capital markets through structured dialogue and stakeholder engagement.
Digital City Bahrain has signed up Brewer Smith Brewer Group as the design architect and lead consultant for Trio Park, the first phase of the key project coming up at the Beyon Campus in Hamala. It boasts three circular buildings of 39,000 sq m GFA with private internal courtyards as well as retail and F&B space.
Al Masaood Automobiles, the authorised distributor for INFINITI in Abu Dhabi, Al Ain, and the Al Dhafra Region, has announced the arrival of the refreshed INFINITI QX60, including the introduction of the first-ever QX60 SPORT grade in the capital.
Sustainability Forum Middle East (SFME) kicked off its new Sustainability Future Lab university challenge for students in the Kingdom of Bahrain that will challenge them to develop innovative solutions for real-world sustainability problems ahead of its 4th edition.
Saudi Arabia will host the World Economic Forum (WEF) Global Collaboration and Growth Meeting: Building Common Ground and Reviving Growth in Jeddah on April 22 and 23, it was announced on the closing day of the 56th Annual Meeting of the Forum in Davos, Switzerland.
