The Gulf Cooperation Council (GCC) corporates sector reflects steady earnings due to ongoing government-led capex in infrastructure and energy. However, tighter fiscal flexibility and lower oil-price assumptions will temper budgets and activity, according to top ratings agency Fitch.
NMDC Group, an integrated energy, marine services and EPC specialist in the Mena region, has announced that its business unit has secured a contract from the Department of Municipalities and Transport (DMT) for the execution of dredging and reclamation works in Abu Dhabi.
India Energy Week (IEW) 2026 has opened in Goa, bringing together global policymakers, energy ministers, CEOs, investors and innovators to shape the future of energy security, sustainability and growth. With representatives from nearly 125 countries, the opening day included key speeches from leading global figures, highlighting India’s influence at a time when global energy systems are undergoing transformation.
Sustainability Forum Middle East (SFME) concluded its fourth edition on a successful note in Bahrain following two days of high-level dialogue on energy transition, sustainable finance, and long-term competitiveness and climate transformation featuring more than 650 regional and global leaders.
Sustainability Forum Middle East (SFME) has concluded its fourth edition following two days of dialogue and engagement focused on advancing energy and climate transformation. The forum brought together more than 650 participants on day one at the Four Seasons Hotel Bahrain Bay, followed by a second day of dedicated workshops engaging more than 150 participants.
The Kuwait Oil & Gas Show and Conference (KOGS 2026) will take place from February 3–5, 2026 at the Grand Hyatt Kuwait and The Arena, bringing together senior government officials, global energy leaders, technical experts, and innovators to address the opportunities and challenges shaping the future of the energy industry.
Kuwait has cancelled oil sector tenders worth nearly $10 billion after contractors submitted bids far above the government’s approved budget, in a move highlighting rising project costs and tighter fiscal discipline in the Gulf energy sector.
Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, and Managing Director and Group CEO of Adnoc, said reliable partnerships are the real strategic reserve, urging leaders to look beyond short-term volatility to the transformative opportunity of rising global energy demand.
Acwa Power has signed a reservation agreement with the Philippines’ BCDA to develop large-scale renewable energy in New Clark City. The collaboration targets a major solar project with potential battery storage integration within the smart, green New Clark City Special Economic Zone north of Manila.
Dubai Electricity and Water Authority (DEWA) will organise the 28th edition of the Water, Energy, Technology and Environment Exhibition (WETEX), under the patronage of Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy in October.
