Saudi Authority for Industrial Cities and Technology Zones (Modon) has entered into a deal with a venture of Buhur Investment Company and Jindal Saw Company, for the establishment of a carbon steel pipes manufacturing plant with an annual production capacity of up to 350,000 MT.
KBR has won a major contract by Basra Oil Company (BOC) to provide Integrated Field Management Services (IFMS) for the gigantic Majnoon Oil Field, the company has announced.
Oman Air is expanding its international network with the launch of direct flights between Muscat and Tashkent, commencing June 1, 2026.
Adani Defence & Aerospace, a flagship company of Indian business conglomerate Adani Enterprises, has signed an agreement with Brazilian multinational aerospace corporation Embraer to set up a final assembly line (FAL) for its E175 regional jet under India’s Regional Transport Aircraft (RTA) programme.
A resurgence in global private equity is gathering steam after a rebound in dealmaking last year that saw both buyout deals and exits surge ahead to register their second highest values on record, says a report from Bain & Company.
Blue Square, a leading real estate developer with a major presence in Lebanon, Egypt and Kuwait, has announced its foray into the UAE market with its inaugural project - Vayla Residences - on Dubai Islands, featuring a mix of one- and two-bedroom apartments alongside exclusive one- to three-bedroom duplexes.
National carrier Gulf Air and Bahrain Airport Company, the operator of Bahrain International Airport, have announced a major milestone in their human capital transformation with the introduction of a market-benchmarked Compensation and Benefits Framework, alongside an enhanced Medical Insurance Program.
Al Tamimi and Company, a leading full-service law firm in the UAE and Mena region, has appointed Graham de Guise as Chief People Officer (CPO), reinforcing the firm’s commitment to building a high-performance culture and investing in its people across the region and internationally.
Italian luxury furniture brand Miki Ferrari has entered the Middle East market with the opening of its first regional showroom in Sharjah. The new store showcases its contemporary Italian furniture in a warm and welcoming space reflective of its innovative approach to design and craftsmanship.
US President Donald Trump has announced that he will raise a temporary tariff from 10% to 15% on US imports from all countries after the US Supreme Court struck down his previous tariff programme. However, far from being a source of relief, it has infused new risks and uncertainties into trade policy, US debt and the dollar.
Suse, a global leader in enterprise open source solutions based in Germany, has announced the acquisition of Losant, an Industrial Internet of Things (IIoT) platform, in a move aimed at transforming the company from an edge infrastructure provider to a full-stack Industrial IoT leader.
Al Habtoor Motors, the exclusive distributor of Mitsubishi Motors in the UAE, recently hosted an immersive driving experience at the prestigious Dubai Autodrome, inviting leading media representatives and digital influencers to get behind the wheel of the All-New Mitsubishi Destinator.
Bahrain, Saudi Arabia and the UAE have declared that Wednesday (February 18) will be the first day of Ramadan 1447 AH.
Three Gulf states — Bahrain, Qatar and the United Arab Emirates — have reaffirmed their solidarity with Kuwait following Iraq’s submission of maritime coordinates and maps to the United Nations, which they say infringe on Kuwait’s sovereign rights.