The quarterly gold demand (including OTC) soared to hit 1,313 tonne ($146 billion in value terms) mainly driven by a powerful combination of an uncertain and volatile geopolitical environment, according to a report by World Gold Council.
The Middle East is an increasingly important market for global steel, underpinned by nearly $2 trillion in infrastructure and industrial projects and a market forecast to grow from $44 billion in 2026 to $60 billion by 2031.
Ritchie Bros., the world's largest industrial auctioneer, has opened its year-end 'Finish Strong' campaign across Europe, Middle East and Africa (EMEA), urging businesses to review surplus and idle equipment while buyer demand remains strong.
The World Steel Association (worldsteel) forecasts GCC steel demand to fall by about 11% in 2026, a sharp reversal of the trajectory it published in April.
Middle Eastern airlines’ passenger demand rose 9.6% year-on-year in November 2025, with capacity up 9.2% and a load factor of 81.4% (+0.3 ppt). Globally, passenger demand grew 5.7% versus November 2024, per IATA data.
UAE-based Nabni Developments has confirmed the complete sell-out of its newest residential project, Nabni Avenue 7 in Dubai’s Al Furjan community. A 12-storey residential building, it features 166 apartments with a mix of one, two and three-bedroom units as well as other amenities.
