Adnoc Gas has announced the signing of a $3 billion sales and purchase agreement with Hindustan Petroleum Corporation during the working visit of UAE President HH Sheikh Mohamed bin Zayed Al Nahyan to India. A number of agreements, MoUs and letters of intent were inked at special ceremony in New Delhi, thus highlighting the advancing co-operation between the two countries.
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US President Donald Trump’s appearance at Davos this week could have almost immediate and lasting economic consequences for the global economy, warns Nigel Green, CEO of deVere Group, as tensions over Greenland move toward a decisive phase.
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Gulfood, the world’s largest annual food and beverage event, returns in January to Dubai with two sold-out venues and a record-setting 280,000 sq m of event space.
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The Abu Dhabi Department of Economic Development (ADDED) is leading a high-level economic delegation to Italy from January 19–22 as part of Abu Dhabi’s ongoing efforts to deepen strategic partnerships and expand international economic engagement.
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The Gulf Cooperation Council (GCC) has taken a landmark step: the creation of a Unified GCC Civil Aviation Authority. This initiative isn’t just bureaucratic housekeeping — it’s an effort that we all hope will build a stronger, safer, and more efficient air transport system for the GCC.
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International tourism revenues in the Gulf Cooperation Council (GCC) states rose to $120.2 billion in 2024, up 39.6 per cent from 2019 and 8.9 per cent from 2023, the Statistical Centre for the Cooperation Council for the Arab States of the Gulf (Gulf-Stat) said.
Saudi-based Umm Al Qura for Development and Construction Company has awarded major contracts worth SAR4.1 billion ($1.1 billion) to Mobco and BEC Arabia Contracting Company for the completion of two major development packages at its Masar Destination in Makkah city.
The global economic outlook has improved modestly but remains uncertain, with asset valuations, mounting debt, geoeconomic realignment and rapid artificial intelligence deployment creating both opportunities and risks, according to the World Economic Forum's latest Chief Economists’ Outlook, published on Friday.
Abu Dhabi Future Energy Company – Masdar, a global clean energy leader, and Elektroprivreda Crne Gore (EPCG), Montenegro’s national power utility, have agreed to explore a joint venture to develop large-scale renewable energy projects in Montenegro.
Long-term green bonds amounting to a total of $870.75 million have been issued to refinance Abu Dhabi's Al Dhafra Solar Photovoltaic (PV) Independent Power Plant.
AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, has signed a land sale agreement with Danube Properties for the development of a major residential and mixed-use project within KEZAD Town Centre, a strategically located district forming part of KEZAD Abu Dhabi.
Critical Metals Corp (CRML), a leading critical minerals mining company, on Friday announced that it has executed a non-binding term sheet for the formation of a 50/50 joint venture with Tariq Abdel Hadi Abdullah Al-Qahtani & Brothers Company (TQB), a globally diversified industrial conglomerate group based in Saudi Arabia.
Worldwide spending on artificial intelligence (AI) is forecast to hit $2.52 trillion in 2026, up 44% over last year, said a report. The AI infrastructure is driving this boom; adding a whopping $401 billion in expenditure as technology providers continue to build out AI foundations.
World-renowned design practices - UK-based WW+P and Canadian group SvN - have just announced the merger of their practices, unifying their diverse teams of architects, urban planners, urban designers and landscape architects into a global powerhouse of expertise and delivery for complex urban projects.
The opening day of Big 5 Construct Saudi explored the role of architects in the creation, implementation and sustainability of modern-day cityscapes and how they turned the masterplans into thriving communities. Also in spotlight was Saudi Arabia’s role as a leader in embedding heritage and culture in development.
Adnoc Gas has announced the signing of a $3 billion sales and purchase agreement with Hindustan Petroleum Corporation during the working visit of UAE President HH Sheikh Mohamed bin Zayed Al Nahyan to India. A number of agreements, MoUs and letters of intent were inked at special ceremony in New Delhi, thus highlighting the advancing co-operation between the two countries.
Bahrain Airport Services (BAS), the kingdom's leading aviation service provider, has renewed major international accreditations, including the IATA Safety Audit for Ground Operations (ISAGO) certification. This reaffirms BAS’ status as a certified provider of ground handling services aligned with the highest global standards.
AD Ports Group has signed an agreement with Nigeria to explore co-operation in ports, logistics and maritime services as well as economic and free zones. It sets out a framework to assess investment and development opportunities across Nigeria’s ports and wider maritime ecosystem.
US President Donald Trump’s appearance at Davos this week could have almost immediate and lasting economic consequences for the global economy, warns Nigel Green, CEO of deVere Group, as tensions over Greenland move toward a decisive phase.
Parsons Corporation has secured the infrastructure lead design consultancy contract from Saudi PIF-owned New Murabba Development Company for its mega project in the kingdom. The scope of work includes provision of design and construction technical support for New Murabba project.
Specialized Medical Company (SMC Healthcare), one of Saudi Arabia’s leading private healthcare providers, today announced the official opening of its new outpatient clinic center, SMC Clinics, on Prince Mohammad Bin Saad Bin Abdulaziz Road in Al Malqa District in North Riyadh, marking a significant milestone in the group’s ongoing expansion strategy.
Oman's National University of Science and Technology has announced that work has begun on its new university campus at Sultan Haitham City located within the Muscat governorate. Spanning a 31,890-sq-m area, the key facility will have the capacity to accommodate 2,435 students.
Canon has made two key leadership appointments covering its EMEA and Central and North Africa regions.
GFH Partners said it has successfully completed its co-investment in Cold-Link Logistics - one of the 10 largest privately-held temperature controlled logistics platforms in North America - alongside global investor Slate Asset Management and funds managed by Hamilton Lane, a key private markets investment firm.
Saudi Arabia's Ministry of Economy and Planning has announced plans to launch an AI-enabled matchmaking partnership network, SUSTAIN, mainly designed to strengthen cross-sector collaboration and accelerate the delivery of sustainable development initiatives in the kingdom.
The global reveal of the new and fully electric Volvo EX60, a new mid-size electric SUV, is set for January 21.
Dubai Culture & Arts Authority (Dubai Culture) has launched of Dubai Art Season 2026, set to run from January 21 to April 26. The season brings together a diverse programme of artistic and entertainment events and festivals taking place across the emirate.
Forbes Middle East has announced the launch of a new global strategic initiative at the ongoing World Economic Forum Annual Meeting in Davos 2026. The initiative underscores the region’s growing influence in shaping global economic dialogue and contributing to future-focused international agendas.
