The Middle East’s in-service aircraft fleet is set to more than double over the next two decades, rising from 1,480 jets in 2024 to 3,700 by 2044, said aviation giant Airbus in its latest market forecast, spotlighting it as one of the fastest-growing aviation regions for the future.
Parsons Corporation, a key provider of solutions for global infrastructure markets, has announced that it has been awarded two contracts worth a combined total of over $100 million to perform programme management and design engineering for two Middle East government customers.
Global air passenger demand declined by 0.5% year-on-year in September 2026, reflecting continued weakness in the Middle East and North America, according to the latest figures released by the International Air Transport Association (IATA).
Leading Spanish infrastructure major Acciona has unveiled a groundbreaking digital solution (a dual-model AI technology) aimed at improving the energy efficiency and sustainability of reverse osmosis (RO) desalination — one of the most energy-intensive processes in the water sector.
Oil prices rose on Monday (October 5), supported by renewed concerns over potential disruptions to crude supplies from the Middle East. Brent crude futures gained 81 cents, or 0.79 per cent, to reach $103.06 a barrel by 2202 GMT.
The Coca-Cola Company has appointed Manuel Burgos as Vice President and General Manager for the Middle East. An industry veteran, he brings over 16 years of experience across franchise management, commercial strategy and operational leadership within the company.
Global airfreight tonnage and pricing diverged, as chargeable weight fell 4% from the prior week, sinking in all but one sector, whereas pricing rose across the board except from North America. Tonnages shrank week on week out of Asia Pacific and Middle East to US, said a report.
Schneider Electric, a global energy technology leader, has released new research showing that three quarters (76%) of Middle East energy leaders say their organisation increased investment in autonomous technology over the past 12 months.
The Middle East’s shifting energy landscape is reshaping priorities around energy security, infrastructure resilience and local manufacturing, creating significant opportunities for regional industries and supply chains, Hessam Saroukhani, Managing Director of Pressbolt Middle East, tells OGN
The Middle East is the world’s cheapest region for data centre construction, averaging $9.93 per watt, according to Turner & Townsend. The competitive costs position the region to attract large-scale AI projects, with the UAE, Qatar and Saudi Arabia featuring globally.
