The UAE’s tourism sector remains well positioned for long-term growth, supported by continued investment, strong infrastructure and expanding air connectivity, according to Sandeep Walia, Chief Operating Officer, Middle East & Africa, Luxury, Europe Middle East & Africa and Global Leader, Design Hotels, Marriott International.
The International Energy Agency (IEA) cut its supply and demand projections for the remainder of the year, expecting world oil supply to average 100.7 mb/d in 2026, down 5.7 mb/d y-o-y in its last report, with a full recovery in supplies from Middle East producers deferred until 2027.
Saudi Arabia has shut down its East-West pipeline temporarily after the vital oil conduit came under aerial attack in the widening Middle East war, threatening to send energy prices even higher, said media reports. This 1,200-km pipeline had helped the kingdom bypass a shipping logjam in the Strait of Hormuz.
Accenture has signed a six-year strategic deal with AWS to help organisations across the Middle East region modernise legacy infrastructure, strengthen their digital core, and unlock value from cloud, data, AI and next-generation enterprise platforms.
The Middle East's travel and tourism sector is forecast to shrink 14.5% in 2026 amid geopolitical disruptions, but the World Travel & Tourism Council (WTTC) expects the region to become the world's fastest-growing tourism market through 2036, led by Gulf economies.
AES Engineering has strengthened its presence in the Middle East reliability sector by acquiring a controlling stake in Technomax Middle East Engineering and Technomax Industrial Services, based in Abu Dhabi, UAE.
India's top engineering and construction conglomerate Larsen and Toubro (L&T) has announced that its key subsidiary L&T Energy Hydrocarbon Offshore (LTEH Offshore) has secured an ultra-mega order - valued at over Rs150 billion ($1.57 billion) - from ADNOC Offshore for development of multiple offshore facilities.
Global air passenger demand rose 0.2% in July 2026, according to the International Air Transport Association (IATA) , despite a slight decline in international traffic. Domestic demand increased 0.6%, while global capacity grew 0.3%.
Aviareps Middle East has been appointed the Official General Sales Agent (GSA) for Sun Phu Quoc Airways (SPA), strengthening the airline’s commercial presence across the Middle East.
Saudi-based Dar International for Engineering Consultancy is one of the finalists for the Bentley Systems' 2026 Year in Infrastructure (YII) Awards (the only one from the Middle East region) in the Transmission and Distribution category for its Nariyah 380kV substation project in the kingdom.
