Saudi Arabia’s non-oil private sector strengthened in May, as the latest Riyad Bank Saudi Arabia PMI showed output increasingly sharply as domestic demand improved and supply chains stabilised.
Read more
Iran fired missiles toward Bahrain and Kuwait as the United States carried out fresh military strikes against Iranian targets and enforced its maritime blockade in the Gulf yesterday, in one of the most serious escalations since a fragile ceasefire took hold.
Read more
International tourist arrivals grew 2% during the first quarter of 2026, despite disruption caused by the crisis in the Middle East in March.
Read more
Abu Dhabi has imposed a temporary freeze on rents across the emirate, barring landlords from increasing lease rates for residential, commercial and industrial properties until further notice, in a move expected to provide relief to tenants amid heightened regional uncertainty.
Read more
His Majesty King Hamad’s statement during yesterday’s Cabinet session: ‘You were the nation’s strength in times of war, and you remain its enduring strength in times of peace’ was not merely praise for citizens’ stance during an exceptional period.
Read more
Aluminium Bahrain (Alba) has agreed to acquire Aluminium Dunkerque – the largest aluminium smelter in the European Union – in a deal worth $2.2 billion, a report in the Gulf Daily News said.
Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, and TRAIL, the French investment company, have announced a strategic partnership under which Mumtalakat will be an investor in SLAM, the first private equity fund dedicated to the Sport, Luxury, Arts and Music sectors.
Kuwait International Airport’s Terminal 1 resumed operations on Monday, receiving and operating flights from international airlines as part of a phased reopening plan.
Dubai has introduced a new legal framework aimed at strengthening social services, protecting vulnerable groups, and enhancing community development across the emirate.
Conflicting messages from Washington and Tehran on Monday deepened uncertainty over the future of US-Iran negotiations, leaving markets and regional observers struggling to gauge whether weeks of diplomatic engagement are moving toward a breakthrough or drifting toward collapse.
A consortium comprising First Avenue for Real Estate Development Company, Dar Al Majed Real Estate Company (Al Majdiah) and Rekaz Real Estate Company has secured a key contract for the development of the East Hindawiyah District Project in Makkah.
South Korea's Doosan Enerbility has announced that it had signed a contract worth KRW837 billion ($556 million) for the second phase of the Jafurah Combined Heat and Power Plant in Saudi Arabia in partnership with Korea Electric Power Corp (Kepco) and Saudi oil giant Aramco.
The Royal Commission for Makkah City and Holy Sites has announced the awarding of six development sites under the Developed Districts Program, covering a total area of more than 2.7 million sq m, representing investments worth SAR13.3 billion ($3.54 billion).
The Emirates Drug Establishment (EDE) has approved Wegovy (semaglutide), an oral once-daily treatment indicated for long-term weight management in adults living with obesity or overweight associated with weight-related medical conditions.
A consortium led by Abu Dhabi National Energy Company (Taqa) with Saudi group Aljomaih Energy and Water Company and China's Sembcorp Industries has secured the contract for the Taweelah combined cycle gas turbine (CCGT) project in Abu Dhabi with a 2.6GW capacity.
Venezuela will host its largest international energy investment summit from October 26–29 in Caracas, bringing together US, Venezuelan and international oil companies, investors, financiers and technical service providers to advance near-term investment opportunities across the country’s reopening energy sector.
Air travel to and from Kuwait faced disruption on Wednesday after hostile drones struck Terminal One at Kuwait International Airport, forcing authorities to suspend flight operations at the terminal and divert aircraft to alternative airports.
Emirates NBD, a leading banking group in the region, has announced that its corporate advisory practice has chosen to implement Bloomberg’s globally recognised sustainability data and analytics, in a move aimed at providing strategic advice to UAE companies on financially material risks and opportunities.
His Majesty King Hamad’s statement during yesterday’s Cabinet session: ‘You were the nation’s strength in times of war, and you remain its enduring strength in times of peace’ was not merely praise for citizens’ stance during an exceptional period.
A consortium comprising First Avenue for Real Estate Development Company, Dar Al Majed Real Estate Company (Al Majdiah) and Rekaz Real Estate Company has secured a key contract for the development of the East Hindawiyah District Project in Makkah.
M42, a global health leader powered by AI and genomics, has signed an agreement with Arcera, a global life sciences company, to formalise a strategic, non-exclusive collaboration focused on advancing biopharma localisation, clinical development and next-generation healthcare innovation in Abu Dhabi.
Mazad, the leading digital auction and marketplace platform in Bahrain and a Mumtalakat portfolio company, has announced the launch of a specialised training programme designed to empower graduates for careers in the development and management of digital marketplace and auction platforms.
The countdown to Dubai Summer Surprises (DSS) 2026 has officially begun, with Dubai Festivals and Retail Establishment (DFRE) encouraging residents and visitors alike to take part in the various events of the city’s favourite summer festival, which returns from July 2 to August 30.
Emirates NBD, a leading banking group in the region, has announced that its corporate advisory practice has chosen to implement Bloomberg’s globally recognised sustainability data and analytics, in a move aimed at providing strategic advice to UAE companies on financially material risks and opportunities.
M42, a global health leader powered by AI and genomics, has signed an agreement with Arcera, a global life sciences company, to formalise a strategic, non-exclusive collaboration focused on advancing biopharma localisation, clinical development and next-generation healthcare innovation in Abu Dhabi.
Dubai Taxi Company (DTC) has signed an agreement with AJ Industries, an expert in sustainable and innovative automotive solutions in Ajman, in bid to scale its operational expertise, digital platforms and e-hailing capabilities to support the mobility ecosystem in the emirate.
Meta, the social networking giant, has announced that it’s now rolling out its consumer subscription plans globally for its flagship apps Instagram, Facebook, and WhatsApp.
Iran fired missiles toward Bahrain and Kuwait as the United States carried out fresh military strikes against Iranian targets and enforced its maritime blockade in the Gulf yesterday, in one of the most serious escalations since a fragile ceasefire took hold.
