Qatar's Public Works Authority (Ashghal) has announced progress on 20 new projects with a total estimated value of QR11.5 billion ($3.16 billion).
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Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has announced solid results for FY 2025, recording a net profit of BD219 million ($582 million), up 18.5% over the previous year, on the back of higher production and record sales volume despite market challenges. strong LME prices and disciplined operational delivery.
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stc group recorded the highest revenues in its history of SAR77.8 billion ($20.75 billion) in 2025, reflecting a 2.5% increase compared to the previous year. Net profit rose by 12.5% after excluding non-recurring items, demonstrating the strength of the group’s business model and the continued execution of its sustainable growth strategy, the company said.
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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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Franklin Templeton, one of the world’s largest global asset managers, said investors should expect a prolonged period of more divergent investment outcomes across markets, with increasingly uneven performance across asset classes and strategies, as global markets adapt to structural shifts in interest rates, capital allocation and technology adoption.
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UAE-based Azizi Developments said its industrial arm, Azizi Industries, has signed a major contract with global industrial leader Pomini to build a new greenfield rebar rolling mill with a 600,000-tonne per annum capacity in Khalifa Economic Zones Abu Dhabi (KEZAD).
Amarak Chemicals FZC, an associate company of the Aries Group of Companies, has commenced operations at a fully automated sulphur manufacturing facility at Jebel Ali Free Zone (Jafza) in Dubai.
Mammoet, a leader in heavy lifting or transport challenge, has safely completed the weighing, transport, and loadout of 24 PAU and PAR modules for a major gas development project in the UAE.
Emsteel Group, one of the region’s largest publicly traded integrated steel and building materials manufacturers, and Oldendorff Carriers have announced the signing of a new long-term freight agreement covering the import of Emsteel’s key raw materials to the UAE.
Bahrain and the United Arab Emirates (UAE) will officially activate the first phase of a long-planned one-stop air travel system today (February 17), launching a significant step towards seamless mobility within the GCC.
Qiddiya Investment Company has announced that work has begun on the Performing Arts Centre within its mega development, Qiddiya City, thus marking an important milestone in the development of Qiddiya City as a destination for entertainment, sports and culture.
Omniyat Group, the UAE-based diversified multi-brand real estate group, reported total sales of AED20 billion ($5.4 billion) across the group in 2025.
Bahrain’s Ministry of Transportation and Telecommunications has launched the National Aviation Strategy (2026–2027), aiming to build an integrated aviation ecosystem aligned with global standards. The plan seeks to position Bahrain International Airport as a leading hub and expand destinations from 66 to 100 by 2030.
Nasdaq Dubai attracted a record number of sukuk listings in 2025, supported by sustained issuance activity from regional and international issuers and continued global investor demand for Sharia-compliant debt instruments.
Samana Developers, an award-winning real estate developer based in Dubai, has announced its official accession to the First-Time Home Buyer (FTHB) Programme, a landmark government initiative launched by the Dubai Land Department (DLD) and the Dubai Department of Economy and Tourism (DET).
Abu Dhabi-based Global South Utilities (GSU) inaugurated a 5 MWp solar PV plant in Berbera and launched the Green Berbera Vision, guiding the city’s shift from diesel to renewable energy with battery storage, positioning Berbera as a leading renewable transition hub in the Horn of Africa.
Riyadh Air has unveiled its first premium airport lounge, the Hafawa Lounge, at King Khalid International Airport, created in partnership with the multidisciplinary design studio Yabu Pushelberg. Spanning nearly 2,000 square meters between Terminals 1 and 2, the lounge accommodates around 370 Business Elite and Business Class guests and marks a milestone ahead of the airline’s commercial launch.
The World Advanced Manufacturing & Logistics (WAM) Saudi Summit & Expo 2026, officially concluded after three days of high-impact sessions, strategic collaborations and innovative showcases, highlighting the Kingdom’s ongoing industrial transformation led by the Saudi Vision 2030 agenda.
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.
OMEGA boutique in The Dubai Mall recently hosted a special, immersive experience where customers were given a chance to journey through the history of OMEGA's timekeeping legacy with the Olympics over the last 90 years.
Saudi Arabia has announced the launch of Namaa Endowment Fund, aimed at strengthening the sustainability of the non-profit sector within the kingdom’s environmental system. It seeks to boost the non-profit sector’s contribution to GDP and promote environmental and water sustainability.
Smart Accommodation for Residential Complexes Company (sarcc), a unit of Saudi sovereign wealth fund PIF, has signed a Heads of Terms (HoT) agreement with Tamimi Global for the development of a 4,000-bed staff accommodation project in northern Riyadh.
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.
National Bank of Bahrain (NBB) has reported a 4% increase in its net profit attributable to the shareholders for the year ended 31 December 2025, reaching a record BD85.1 million ($225.7 million). The fourth quarter net profit was up 12% to BD18.2 million.
Zain Group, a leading provider of innovative ICT and digital lifestyle communications (TechCo) operating in eight markets across the Middle East and Africa, has announced robust consolidated financial results for the full-year 2025 (FY-25), and fourth quarter (Q4-25) ended 31 December 2025.
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.
Bahrain, Saudi Arabia and the UAE have declared that Wednesday (February 18) will be the first day of Ramadan 1447 AH.
Bahrain, Saudi Arabia and the UAE have declared that Wednesday (February 18) will be the first day of Ramadan 1447 AH.
