A significant workforce shortage threatens the MENA region's ability to deliver critical infrastructure projects by 2035, says a new report.
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Nakheel, a member of Dubai Holding Real Estate, has awarded contracts worth over AED3.5 billion ($953 million) to Ginco General Contracting and United Engineering Construction (UNEC) for the construction of 544 villas on Palm Jebel Ali, marking a key milestone in the delivery of one of Dubai’s most significant waterfront developments.
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Diplomatic efforts to end the ongoing US-Iran conflict showed little progress on Monday, as talks remained stalled and Iran’s top diplomat travelled to Russia for high-level consultations, while US President Donald Trump signalled a tougher stance on negotiations.
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Solar has become the leading source of new electricity generation, supported by battery storage that is beginning to provide system flexibility at scale, says the latest Global Electricity Review from Ember.
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Businesses and investors in Saudi Arabia and the UAE are holding firm on their medium-term strategies despite the current situation in the Middle East, supported by intraregional supply chain redesign and increased use of AI, says an HSBC study.
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Fresh diplomatic momentum is building around possible talks between the United States and Iran, with both sides signalling cautious openness even as they stop short of confirming direct engagement.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has launched the 1 Billion Meals Dates Factory, with an annual production capacity of 150 million date-based food units.
Aquarabia, Saudi Arabia’s first and largest water theme park, opened to fun-seekers in Qiddiya City on Thursday (April 23).
Formula 1 today announced that the Turkish Grand Prix will return to the FIA Formula One World Championship from 2027, with Istanbul Park confirmed on the calendar through the 2031 season following a new agreement with Türkiye’s Ministry of Youth and Sports.
Etihad Airways, the national airline of the UAE, is accelerating its growth in the United States with two major enhancements to its North American network, increasing capacity and connectivity across key markets.
Saudi Arabia's Ministry of Investment has signed an investment agreement with SATORP to develop the "Amiral" project, a joint venture between Saudi Aramco and TotalEnergies.
Kuwait has announced the reopening of airspace at Kuwait International Airport starting from Thursday evening.
The Saudi Arabia economy is showing resilience despite a sharp hit to oil production from regional conflict, with a surge in crude prices helping offset the impact, according to a report by Al Rajhi Capital.
Oil prices surged past the $105 threshold on Friday as an escalating maritime standoff between Iran and the United States in the Strait of Hormuz rattled global energy markets.
Emirates Water and Electricity Company (Ewec) has announced the extension of its clean energy partnership with Mediclinic, the first healthcare institution in Abu Dhabi to decarbonise their operations. The deal ensures all Mediclinic’s hospitals will be powered by clean electricity, verified using CECs issued by Abu Dhabi.
Welltec has agreed a multi-year intervention contract through an alliance partner to support Equinor operations, in an agreement estimated to exceed NOK 1 billion ($108 million) for the fixed period only.
Al-Urumah Season has cemented its standing as one of Saudi Arabia's most prominent eco-tourism destinations, with visitor numbers exceeding 1.7 million since its launch.
Saudi Arabia achieved record growth in date exports in 2025, with their value reaching SAR1.938 billion ($516.89 million), a 14.3% increase compared to 2024 and a significant 59.5% surge since 2021.
Businesses and investors in Saudi Arabia and the UAE are holding firm on their medium-term strategies despite the current situation in the Middle East, supported by intraregional supply chain redesign and increased use of AI, says an HSBC study.
Vision Hospitality will launch a 45,000 sq ft multi-concept dining and entertainment destination at Reem Mall, Abu Dhabi, featuring McGettigan’s and a live sports Fan Zone, marking a major regional expansion.
Emirates Water and Electricity Company (Ewec) has announced the extension of its clean energy partnership with Mediclinic, the first healthcare institution in Abu Dhabi to decarbonise their operations. The deal ensures all Mediclinic’s hospitals will be powered by clean electricity, verified using CECs issued by Abu Dhabi.
Qatar's Public Works Authority (Ashghal) has announced that over 90% work is now complete at Sidra - Education City project and is on track for opening by year-end. Spanning 74,000 sq m, the key educational facility features a main two-storey building with classrooms and multi-purpose halls.
Dubai’s retail and warehouse sectors demonstrated resilience and growth in 2025, backed by strong fundamentals including record tourism, population boom and e-commerce activity. Both sectors, however, faced tightening supply conditions that shaped market dynamics throughout the year, said a report.
Al Rajhi Capital, a leading financial services provider in Saudi Arabia, has collaborated with top ratings agency S&P Global to launch the "Al Rajhi Capital Saudi Construction Index", a new high-frequency indicator designed to track changes in business conditions across the kingdom’s construction sector.
Lenovo has appointed Salman Abdulghani Faqeeh as Vice President & General Manager, Saudi Arabia, reinforcing the company’s long term commitment to the kingdom as a strategic priority market and regional technology hub.
BlueFive Capital, a global investment platform based in Abu Dhabi, has announced that its consortium has entered into a deal with luxury auto brand Porsche to acquire its entire stake in Bugatti Rimac, a joint venture set up in 2021 to serve as home to the iconic Bugatti brand.
Saudi Arabia's General Entertainment Authority and Riyadh Season, under the leadership of Turki Alalshikh, in cooperation with WWE, today announced that Night of Champions will return to Kingdom Arena in Riyadh on Saturday, June 27, 2026.
Diplomatic efforts to end the ongoing US-Iran conflict showed little progress on Monday, as talks remained stalled and Iran’s top diplomat travelled to Russia for high-level consultations, while US President Donald Trump signalled a tougher stance on negotiations.
