Modon has awarded the main construction contract for two of its residential developments on Hudayriyat Island: Nawayef East and Nawayef West. With a total value of AED5 billion ($1.36 billion), the contract is the largest awarded for residential in Abu Dhabi in 2025.
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Kuwait's State Audit Bureau has approved the engineering, procurement and construction (EPC) contract for completing the first phase of the Mubarak Al-Kabeer Port project, marking a significant step towards implementing the remaining phases, The Times of Kuwait has reported.
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Oman and India have signed a Comprehensive Economic Partnership Agreement (CEPA) in Muscat, laying the framework for a significant expansion of trade, investment and services cooperation between the two countries.
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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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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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The Kingdom of Bahrain today is celebrating its National Day and the anniversary of His Majesty King Hamad’s accession to the throne with pomp and gaiety. To mark the occasion the streets, roads, buildings and prominent landmarks across the country were adorned in white and red.
Abu Dhabi-based Mubadala Investment Company and Barings, one of the world’s top investment managers, have entered into a $500 million global real estate debt partnership. The new JV will focus on investing in subordinated loans across real estate asset classes.
Wynn Resorts and Marjan have achieved a major construction milestone with the topping out of Wynn Al Marjan Island, the region’s first fully integrated resort in Ras Al Khiamah. Rising to 283m across 70 floors, the tower has achieved its highest structural concrete point.
In a landmark move for the UAE’s financial and precious-metal market, Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has unveiled the ‘Emirates NBD Gold’.
The global digital economy is expected to grow by 9.5% next year, three times faster than the global economy, according to the Digital Economy Trends (DET) 2026 report. It is projected to reach an estimated $28 trillion in 2026, representing 22% of global GDP.
Dubai International Financial Centre (DIFC), a leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has registered its 100th hedge fund, reflecting its dominance in the sector and successful journey to becoming a top five global hub for the industry.
UAE-based Azizi Developments has signed a 50-year lease agreement with Khalifa Economic Zones Abu Dhabi (Kezad) representing an investment value of AED2 billion ($544 million). The newly leased plots, spanning nearly 440,000 sq m, will accommodate 12 factories.
Saudi Electricity Company said it has signed a landmark financing agreement with the Italian Export Credit Agency (SACE), with a total value of $1 billion, aimed at supporting the development and expansion of power projects across the kingdom.
ONE Development has announced that it has unveiled the 'first residential tower in the world' that boasts a fully integrated aerial mobility ecosystem. The 31-storey building includes rooftop access for eVTOL aircraft engineered for autonomous passenger operations.
Saudi Arabia has officially completed grid connection of its landmark energy storage system (ESS) project with the nameplate capacity of 7.8GWh.
Saudi Arabia has officially completed grid connection of its landmark energy storage system (ESS) project with the nameplate capacity of 7.8GWh.
MSC Cruises announced a major new order for four next-generation cruise vessels and two additional options from Meyer Werft in Papenburg marking the launch of its new “New Frontier” platform - a brand-new class of ships.
Noatum Ports, the international ports operating arm of AD Ports Group, signed a memorandum of understanding (MoU) with Al Dahra Agriculture – Egypt, to advance Egypt’s logistics infrastructure and further enhance its position as a regional hub for trade and supply chain solutions.
Artificial Intelligence is the defining force of our era. What matters today is how fast it will transform our world, and how responsibly. Across continents, algorithms are reshaping economies, powering innovation, and redefining governance. Yet amid this acceleration, the most pressing challenge is it is moral. How do we align intelligence with intent, and capability with conscience?
Qsas Company, a major subsidiary of Saudi sovereign wealth fund PIF (Public Investment Fund), has announced the launch of its Alsirah Gardens project in Madinah. Spanning 70,000 sq m, it features seven enrichment zones offering interactive and creative experiences.
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has announced that its Board of Directors has approved the appointment of Dr Shamsheer Vayalil as Chief Executive Officer, in addition to his current role as Founder and Chairman of the Board.
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.
Chalhoub Group, a premier luxury retailer in the Middle East, said it has signed a solar lease agreement with Yellow Door Energy, a leading provider of sustainable energy solutions, to bring clean electricity to the Group's key fulfilment hub in Riyadh.
Oman and India have signed a Comprehensive Economic Partnership Agreement (CEPA) in Muscat, laying the framework for a significant expansion of trade, investment and services cooperation between the two countries.
stc Group, a leading digital enabler in Saudi Arabia, has signed a new five-year master frame agreement (MFA) with Ericsson to accelerate the delivery of advanced digital infrastructure and boost technology adoption across the Kingdom of Saudi Arabia.
Mowasalat (Karwa), Qatar’s leading transport provider, has launched the country’s first RoboTaxi service under the supervision of The Ministry of Transport, marking a major milestone in the development of smart, sustainable, and technology-driven mobility solutions, in line with Qatar National Vision 2030.
The Kingdom of Bahrain today is celebrating its National Day and the anniversary of His Majesty King Hamad’s accession to the throne with pomp and gaiety. To mark the occasion the streets, roads, buildings and prominent landmarks across the country were adorned in white and red.
The Kingdom of Bahrain today is celebrating its National Day and the anniversary of His Majesty King Hamad’s accession to the throne with pomp and gaiety. To mark the occasion the streets, roads, buildings and prominent landmarks across the country were adorned in white and red.
