PREMIUM OFFICES, LUXURY HOMES

Mubadala, Aldar in landmark $16bn Al Maryah Island expansion deal

Tue, 09 Dec 2025

Mubadala and Aldar have announced a landmark AED60 billion ($16.3 billion) expansion of Abu Dhabi’s financial district on Al Maryah Island. The development will deliver 1.5 million sq m GFA including Grade A offices, luxury homes, retail and hospitality space.

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785-km RAIL NETWORK

Saudi Arabia, Qatar sign deal to build high-speed rail link

Tue, 09 Dec 2025

Saudi Arabia and Qatar have signed a deal to build a high-speed rail link between the two countries. The 785-km network, which will connect King Salman International in Riyadh to Hamad International Airport in Doha, will carry trains with speeds above 300 kph.

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VENTURE FRAMEWORK AGREEMENT

ExxonMobil, Aramco eye Samref refinery upgrade, petchem complex

Mon, 08 Dec 2025

ExxonMobil, Aramco and Samref have signed a Venture Framework Agreement (VFA) to evaluate a significant upgrade of the Samref refinery in Yanbu, and an expansion of the facility into an integrated petrochemical complex.

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SPOTLIGHT

AI transforming how UAE consumers shop and spend

Mon, 08 Dec 2025

UAE shoppers are turning to AI to make shopping easier and more efficient, and they are signalling the importance of transparency as these tools become part of everyday life, says a Visa survey.

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INSIGHT

Middle East stands out as luxury’s brightest performer

Mon, 08 Dec 2025

Global luxury markets proved resilient into 2025, with overall luxury spending stabilising at similar levels to last year, despite headwinds from economic and geopolitical uncertainties, as well as disruption from critical shifts in consumers’ preferences, a report said.

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Top This Week

Dar Global, Art District unveil $4.2bn new coastal destination in Oman

Sun, 07 Dec 2025

Dar Global has partnered with Art District Real Estate for the development of its new coastal destination - Muscat Marine, Art & Digital District (MAD) - being set up in Oman. The RO1.6 billion ($4.2 billion) project integrates oceanfront living, luxury hospitality and future-focused digital industries.

Aramco stadium work in full swing; set for 2027 opening

Sun, 07 Dec 2025

Saudi-based Alhani Construction said work is in full swing on the landmark Aramco Stadium project in Khobar and will be completed in time for AFC Asia Cup 2027. It is being built in collaboration with Besix Construct-Albawani JV.

SEC, GE Vernova, Bpifrance sign $3bn pact to boost energy projects

Sun, 07 Dec 2025

Saudi Electricity Company (SEC) has announced that it has signed a tri-party agreement with French bank Bpifrance and GE Vernova, a purpose-built energy technology company, to facilitate financing for energy sector projects worth up to $3 billion.

SWPC completes technical, financial evaluation for Hadda, Arana ISTP projects

Sat, 06 Dec 2025

Saudi Water Partnership Company (SWPC) has announced the successful completion of the technical and financial evaluation for the development of the Hadda and Arana Independent Sewage Treatment Plant Projects which will boast a total of 750,000 cu m capacity.

Bahrain EDB, Saudi ministry sign MoU to promote direct investment

Fri, 05 Dec 2025

Bahrain Economic Development Board (Bahrain EDB) and the Ministry of Investment of the Kingdom of Saudi Arabia (MISA) have signed a memorandum of understanding (MoU) aimed at promoting direct investment.

Emerson Exchange 2026 in Dubai to shape industrial automation

Fri, 05 Dec 2025

Emerson, a global leader in automation technology and software, has opened registration for Emerson Exchange 2026, taking place from May 19-21, 2026 at the Dubai World Trade Center.

CMA CGM announces new full-loop service via Suez Canal

Fri, 05 Dec 2025

Major carrier CMA CGM has announced its Indamex service will transit Suez Canal on fronthaul and backhaul voyages between India/Pakistan and US East Coast in a notable step towards a largescale return of container ships to the Red Sea region.

MENA sovereigns 2026 outlook ‘neutral’ says Fitch

Fri, 05 Dec 2025

Fitch Ratings has assigned ‘neutral’ outlook for Middle East and North Africa (MENA) sovereigns in 2026. The outlook balances fairly stable oil prices, solid economic growth and some fiscal reform against political and geopolitical risks, it said.

Creators HQ, X platform launch X Creators Lab

Fri, 05 Dec 2025

Creators HQ, the first content creator hub in the UAE and the Middle East and part of Visioneers, and the global social media platform X, have launched X Creators Lab, a pioneering initiative aimed at empowering content creators, from talented beginners to world-class professionals, to produce impactful, high-value global content.

Siemon launches new Smart Building Complete solutions

Wed, 10 Dec 2025

The Siemon Company, a key provider of connectivity solutions for data centres and smart buildings, has announced the launch of Smart Building Complete, a unified connectivity and cabling solution engineered to power the critical technologies shaping modern workplaces.

SAF production growth slows ahead of e-SAF mandates: IATA

Wed, 10 Dec 2025

The International Air Transport Association (IATA) forecasts Sustainable Aviation Fuel (SAF) production to reach 1.9 Mt in 2025, doubling 2024 levels, but growth will slow to 2.4 Mt in 2026. SAF will account for under 1% of jet fuel, with high premiums adding $3.6 billion in costs amid limited policy support.

Technoheaven wins four titles at World Travel Tech Awards 2025

Wed, 10 Dec 2025

Technoheaven, a leader in end-to-end travel technology solutions, has been recognised in four major categories at the World Travel Tech Awards 2025, held in Bahrain.

Siemon launches new Smart Building Complete solutions

Wed, 10 Dec 2025

The Siemon Company, a key provider of connectivity solutions for data centres and smart buildings, has announced the launch of Smart Building Complete, a unified connectivity and cabling solution engineered to power the critical technologies shaping modern workplaces.

AI transforming how UAE consumers shop and spend

Mon, 08 Dec 2025

UAE shoppers are turning to AI to make shopping easier and more efficient, and they are signalling the importance of transparency as these tools become part of everyday life, says a Visa survey.

Dar Global awards enabling works contract for 80-floor Trump tower

Wed, 10 Dec 2025

Dar Global has awarded the enabling works contract for its ambitious 80-floor Trump International Hotel & Tower project in Dubai. The scope of work includes ground engineering, deep enabling systems and provision of logistical mobilisation services.

GARMCO signs up as Sustainability Forum Middle East partner

Tue, 09 Dec 2025

Gulf Aluminium Rolling Mill (GARMCO) has entered into a partnership agreement with FinMark Communications for the upcoming edition of its Sustainability Forum Middle East event which kicks off on January 27 next year in Bahrain.

Qualcomm, Aramco and RDIA celebrate first year of DISAI mentorship program

Tue, 09 Dec 2025

Qualcomm Technologies International Limited, a subsidiary of Qualcomm, and Aramco through the Saudi Accelerated Innovation Lab (AramcoSAIL) have completed the inaugural Design in Saudi Arabia with AI (DISAI), an accelerator program aimed to support startups in Saudi Arabia.

Apple in deal to open flagship store at Diriyah Square

Mon, 08 Dec 2025

Diriyah Company, the developer of Saudi Arabia's premier historical, cultural, and lifestyle destination, has entered into a lease agreement with Apple to open an iconic retail store at its premier retail district - Diriyah Square - within the City of Earth.

Mubadala Capital, KAIO eye digital access to private market investments

Wed, 10 Dec 2025

Abu Dhabi-based Mubadala Capital is set for collaboration with KAIO, a key provider of institutional onchain infrastructure for RWAs, to explore tokenised access to its private market investment strategies for qualified institutional investors.

Batelco by Beyon unveils new 'Ultra Home' internet package

Wed, 10 Dec 2025

Bahrain's leading telecom services company Batelco by Beyon has announced the launch of Ultra Home, a new line up of home internet plans, that brings together Mobile Broadband and Fiber Broadband under one simplified offering.

Fully-automated vehicle assembly to become a reality by 2030: Gartner

Wed, 10 Dec 2025

The automotive sector is heading for radical operational efficiency as a range of top automakers rapidly integrate advanced robotics into their assembly lines. By 2030, at least one automaker will achieve fully automated vehicle assembly, says Gartner in its new study.

QIC announces opening of PlayMaker Studios at Qiddiya City

Tue, 09 Dec 2025

Qiddiya Investment Company has announced the official unveiling of PlayMaker Studios at Qiddiya City, marking a strategic addition to Saudi Arabia’s film production infrastructure. It builds on the kingdom's growing success in the creative industries.

GCC will build on achievements with a shared vision: HM King Hamad

Thu, 04 Dec 2025

The GCC will continue to build on its achievements with a shared vision and unified policies, His Majesty King Hamad said, chairing the 46th session of the GCC Summit at Sakhir Palace on Wednesday.

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