The Gulf countries continue to consolidate their position as one of the most influential hubs in global energy markets, (with 32.7% of global oil reserves and 21.2% gas reserves) supported by a broad base of natural resources, advanced infrastructure and accumulated expertise, said a report.
Shipping across the Gulf and the strategic Strait of Hormuz remained severely disrupted as attacks on commercial vessels intensified amid the conflict between Iran and US–Israeli forces.
Iran’s retaliatory strikes across the Gulf have disrupted some business activity in one of the world’s most trade-dependent regions, forcing temporary airport closures, interrupting port operations and unsettling financial markets , while the private sector remains resilient according to authorities.
Aroya Cruises, a subsidiary of PIF-owned Cruise Saudi, has officially launched its inaugural season in the Arabian Gulf. Running from February 21 to May 8, the season marks a milestone in regional tourism by blending authentic Saudi hospitality with global maritime standards.
The MENA region recorded a robust 26% rise in merger and acquisition (M&A) activity with 884 deals, compared to 701 in 2024 with the total deal value reaching $106.1 billion, according to the EY MENA M&A Insights 2025 report.
Air India Express has announced the launch of its ‘Xpress More Sale’ offering travellers discounts of up to 20% on domestic and international flights for travel through the end of 2026. These special fares are available for booking until February 5 with nearly five million seats up for grabs.
The GCC will continue to build on its achievements with a shared vision and unified policies, His Majesty King Hamad said, chairing the 46th session of the GCC Summit at Sakhir Palace on Wednesday.
Boeing has appointed Fahad Al Mheiri as its new Vice President for the Middle East Gulf and North Africa region, starting in January. Based in Dubai, Al Mheiri succeeds Kuljit Ghata-Aura, who has moved into a new executive role with the company.
As Saudi Arabia continues its rapid growth in the wellness sector, Circle enters the market as a strategic collaboration between UK and Saudi founders, designed to meet the rising demand for holistic, performance-driven health experiences.
The Saudi Tourism Authority (STA) concluded its promotional tour across Oman, Qatar, Bahrain, and the UAE. The tour was executed in cooperation with a select group of partners from the Saudi tourism private sector.
