The UAE-headquartered Al Habtoor Group, one of the region’s largest conglomerates in the region, has taken the decision to proceed with the closure of its operations in Lebanon in light of the prevailing conditions in the country, and following a comprehensive internal review.
Read more
Fitch Ratings has assigned 'neutral' 2026 sector outlook for the Gulf Cooperation Council (GCC) Corporates sector, reflecting steady earnings due to ongoing government-led capex in infrastructure and energy.
Read more
Saudi Arabia will not allow its airspace or territory to be used for military actions against Iran, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, told Iranian President Masoud Pezeshkian in a phone call on Tuesday, state news agency SPA reported.
Read more
DIFC Zabeel District, a landmark expansion of Dubai International Financial Centre (DIFC), was launched on Tuesday by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai.
Read more
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.
Read more
Saudi Arabia Railways (SAR) has announced that it has issued tenders for the design and manufacturing of 10 new passenger trains for its Northern Network. The project scope includes supply of the trains in addition to providing fleet maintenance services and long-term asset sustainability.
Gulf Air, the national carrier of Bahrain, announced the roll out of Starlink high-speed internet across its entire fleet starting mid-2026, offering complimentary Wi-Fi to passengers onboard its aircraft, from boarding through to arrival.
Saudi Arabia has suspended planned construction of a colossal cube-shaped skyscraper named Mukaab at the centre of a downtown development in Riyadh while it reassesses the project's financing and feasibility, Reuters said quoting four people familiar with the matter.
India and the European Union have concluded a long-delayed free trade agreement that will eliminate or sharply reduce tariffs on the vast majority of goods traded between the two sides, a move aimed at boosting bilateral commerce amid rising global trade tensions.
Sustainability Forum Middle East kicked off its fourth edition today in Bahrain drawing more than 500 senior government and business leaders as well as global sustainability experts who will address the issue of accelerating climate action and focus on a low carbon future during the two-day event.
AVENEW Development, a Dubai-born real estate innovator, has signed an agreement with Hilton to open Waldorf Astoria Dubai Islands and Waldorf Astoria Residences Dubai Islands, introducing the iconic luxury brand to one of the city’s most anticipated coastal destinations.
Khansaheb Group, one of the region’s most influential construction and engineering powerhouses, has recently acquired Anabeeb, a leading infrastructure company specialising in end-to-end PVC and GRP industrial pipe manufacturing, from Emsteel Building Materials.
Wynn Oasis, a purpose-built residential community adjacent to Marjan Island and Wynn Boulevard, has been revealed. It will span 105,267 sq m and is scheduled to welcome more than 7,000 staff across 15 vertical residential communities upon opening in Summer 2026.
Wynn Oasis, a purpose-built residential community adjacent to Marjan Island and Wynn Boulevard, has been revealed.
Abu Dhabi entities - Adnoc and Taqa - have signed a deal to co-develop a central utilities project, including the power grid connection and a range of water and wastewater utilities, at Ta'ziz Industrial Chemicals Zone in Ruwais. The duration of the agreement includes the offtake of utilities and construction of the plant. . The duration of the agreement includes the offtake of the utilities and construction of the plant.
The Arab Energy Fund and The State Oil Fund of the Republic of Azerbaijan (SOFAZ) have agreed to partner with CVC DIF to invest in a co-investment vehicle that invests alongside DIF VII, which recently acquired a 50 per cent stake in PAL Cooling Holding (PAL), a principal district cooling operator in UAE.
Stirling Hospitality Advisors’ latest RAK Investment Pulse reports a structural shift in Ras Al Khaimah’s hospitality market, with higher-value international demand driving 2025 performance. Rising occupancy, rates and revenues positioned the Emirate as the third-best RevPAR-performing hotel market in the UAE and fifth across the Gulf.
The Arab Energy Fund and The State Oil Fund of the Republic of Azerbaijan (SOFAZ) have agreed to partner with CVC DIF to invest in a co-investment vehicle that invests alongside DIF VII, which recently acquired a 50 per cent stake in PAL Cooling Holding (PAL), a principal district cooling operator in UAE.
Fitch Ratings has assigned 'neutral' 2026 sector outlook for the Gulf Cooperation Council (GCC) Corporates sector, reflecting steady earnings due to ongoing government-led capex in infrastructure and energy.
UAE-based First Group Real Estate has announced the landmark opening of the world’s tallest hotel - Ciel Dubai Marina - standing at 377m high. The skyscraper brings 82 floors of architectural design, immersive dining and panoramic views to one of Dubai’s most celebrated districts.
Sustainability Forum Middle East kicked off its fourth edition today in Bahrain drawing more than 500 senior government and business leaders as well as global sustainability experts who will address the issue of accelerating climate action and focus on a low carbon future during the two-day event.
AtkinsRéalis, a major engineering services company, has appointed Gosia Baron as the Service Director for its Buildings & Places market. In this role, she will be lead the firm’s building design service spanning architecture, structural engineering and specialist disciplines.
Ithra Dubai has officially launched Dubai Gold District, a purpose-built destination designed to elevate Dubai’s position as the world’s leading destination for gold and jewellery trade.
The UAE-headquartered Al Habtoor Group, one of the region’s largest conglomerates in the region, has taken the decision to proceed with the closure of its operations in Lebanon in light of the prevailing conditions in the country, and following a comprehensive internal review.
AD Ports Group has announced that its digital arm, Maqta Technologies, has signed a partnership deal with US-based BigBear.ai, a leading provider of mission-ready AI for national security, to explore and develop next generation AI-powered digital trade, customs and logistics solutions.
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.
Meta Platforms will begin testing paid subscription plans across WhatsApp, Instagram and Facebook in the coming months, as the social media company looks to monetize advanced features and artificial intelligence tools, says an Impact Newswire report.
Three tourists died and two others sustained minor injuries after a boat carrying a group of 25 French nationals, along with a tour guide and the boat captain, capsized in the Wilayat of Muttrah, Muscat Governorate, Oman.
