'BIGGEST IN THE REGION'

Saudi Arabia to host major AERO Middle East airshow in November

Thu, 12 Feb 2026

Messe Frankfurt Saudi Arabia and the Saudi Aviation Club have announced the launch of AERO Middle East x Sand & Fun 2026, a landmark aviation platform.

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CAPEX GROWS 48% TO $3.95bn

TAQA revenues steady at $14.92bn, profits rise 5.6% to $2bn

Thu, 12 Feb 2026

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East, and Africa, recorded full-year 2025 revenues of AED54.8 billion ($14.92 billion), broadly in line with the prior year.

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REGULATED DIGITAL FINANCE

UAE Central Bank clears launch of dirham-backed Stablecoin DDSC

Thu, 12 Feb 2026

The UAE has taken a decisive step into regulated digital currency infrastructure after the Central Bank of the UAE (CBUAE) approved the launch of the dirham-backed stablecoin, DDSC, paving the way for institutional-grade blockchain-based payments in the country.

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ANALYSIS

UAE and Saudi Arabia set the benchmark for GCC IPO: report

Wed, 11 Feb 2026

The UAE and Saudi Arabia have emerged as the clear leaders of the GCC IPO market, setting the benchmark for scale, sophistication, and investor expectations across the region, according to a new Viewpoint by Arthur D Little.

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SPOTLIGHT

Construction costs set to increase in Saudi Arabia, UAE

Wed, 11 Feb 2026

Construction costs are expected to rise in the Middle East this year, increasing by around 4% in Saudi Arabia and 3% in the UAE. Across key sectors, demand remains strong, but delivery conditions are becoming more complex, says a new report.

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Top This Week

Saudi - Qatar high-speed rail link wins Cabinet approval

Wed, 11 Feb 2026

Saudi Arabia’s Cabinet has approved a landmark agreement with Qatar to establish a 785-kilometre electric high-speed railway linking Riyadh and Doha, paving the way for one of the Gulf’s most ambitious cross-border transport projects.

New horse racing venue planned for Qiddiya, 21,000-seat grandstand

Wed, 11 Feb 2026

Qiddiya Investment Company has announced plans for a landmark new horse racing venue in Qiddiya City, celebrating Saudi Arabia’s deep-rooted equestrian heritage while shaping the future of horse racing in the Kingdom.

AirAsia X selects Bahrain as strategic hub for global expansion

Wed, 11 Feb 2026

AirAsia X (AAX) Berhad is positioning Bahrain at the heart of its next phase of global expansion, marking a significant step in the Kingdom’s ambition to strengthen its role as a regional aviation hub.

Saudi Arabia launches $26bn waterfront city project in Dammam

Wed, 11 Feb 2026

Saudi Arabia has launched a massive SR98 billion ($26 billion) seaside residential and mixed-use project in Dammam, covering an area of approximately 32 million sq m, according to a report by the Saudi Press Agency (SPA).

DEWA stake in Empower jumps to 80% after $1.41bn deal with EPI

Wed, 11 Feb 2026

Dubai Electricity and Water Authority (DEWA) has increased its shareholding in Emirates Central Cooling Systems Corporation (Empower) to 80% following the transfer of the entire shares of Emirates Power Investment (EPI) in Empower to DEWA.

Kuwait forecasts huge $31.9bn deficit in FY2026-27 budget

Wed, 11 Feb 2026

Kuwait has forecast a fiscal deficit of KD9.8 billion ($31.9 billion) in its draft 2026-2027 budget, a sharp 54.7 percent rise over the current fiscal year's deficit.

Riyadh's King Salman International Airport signs 7 mixed-use projects deals

Wed, 11 Feb 2026

King Salman International Airport, a Public Investment Fund (PIF) company, has signed seven memoranda of understanding (MoUs) and cooperation agreements with a group of leading national real estate companies to develop a portfolio of mixed-use real-estate projects within its boundaries in Riyadh.

DIB achieves robust results in 2025, revenues increase to $3.62bn

Wed, 11 Feb 2026

DIB, the largest Islamic bank in the UAE, achieved another year of robust financial performance for the full year ended December 31, 2025 with the bank’s revenue growing to AED13.3 billion ($3.62 billion).

Aramex revenues rise to $1.72bn in 2025, logistics drives growth

Wed, 11 Feb 2026

Aramex group revenues reached AED6.36 billion ($1.72 billion) in FY 2025, up 1% YoY, while Q4 revenues totalled AED1.70 billion, broadly in line with Q4 2024, reflecting sustained growth in domestic express, freight forwarding, and logistics amid continued global trade realignment, the company said.

Dar Global in talks with Chinese partners for major Saudi role

Thu, 12 Feb 2026

Dar Global, an international luxury real estate developer, has concluded a high-level strategic engagement in China, reinforcing its commitment to expanding cross-border investment partnerships as Saudi Arabia’s real estate market opens to foreign non-resident investors.

Oman signs concession agreement for Offshore Block (18)

Thu, 12 Feb 2026

Oman’s Ministry of Energy and Minerals has signed a concession agreement for Offshore Block 18 to support hydrocarbon exploration and production. Petronas will operate the block with a 70 per cent stake, while OQ Exploration and Production holds 30 per cent. The agreement includes a four-year exploration period, extendable to 30 years if commercial production is achieved.

Air Arabia posts record 2025 profit, revenue on big passenger growth

Thu, 12 Feb 2026

Sharjah-based budget carrier Air Arabia has reported its strongest annual performance on record for FY 2025 with a pre-tax net profit of AED1.8 billion ($490 million), up 14% over the previous year and a total turnover of over AED7.8 billion ($2.12 billion) mainly driven by higher passenger numbers and network expansion.

AD Ports Group takes key stake in Douala Port - Cameroon concession

Thu, 12 Feb 2026

AD Ports Group, a leading global enabler of trade, logistics, and industry solutions, has joined Africa Ports Development’s (APD) 30-year concession to design, build and operate a new dry bulk terminal at the Port of Douala in the Republic of Cameroon.

MENA M&A activity value tops $106bn with 884 deals

Wed, 11 Feb 2026

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.

Grova launches $879m integrated residential community in Riyadh

Thu, 12 Feb 2026

Egyptian group Hassan Allam Holding has announced that its key unit, Grova Developments, has teamed up with Tilal Real Estate for the launch of Noor Khuzam, a fully integrated SAR3.3 billion ($879 million) residential community featuring over 3,018 housing units spread across 228,000 sq m area in Riyadh.

ROSHN Group sets sustainability standard as first firm in KSA to achieve BSI carbon certification

Thu, 12 Feb 2026

ROSHN Group, Saudi Arabia’s leading multi-asset class developer and a Public Investment Fund (PIF) company, has been announced as the first organisation in Saudi Arabia and the GCC region to secure certification for carbon management in buildings and infrastructure from BSI, the business standards and improvement company.

Bahri seals deal to boost localisation of supply chains in defence sector

Wed, 11 Feb 2026

Bahri Logistics, a business unit of Saudi National Shipping Company Bahri, has signed agreements with key local entities - AlKhorayef Commercial and Shamal Company - in a major move to boost the localisation of supply chains in the defence and security sectors.

AAW opens new-look Nolte Express Kitchen showroom in Kuwait

Mon, 09 Feb 2026

Ali Abdulwahab Al Mutawa (AAW), the exclusive distributor of Nolte Kitchen in Kuwait, has relaunched its Express Kitchen showroom, thus introducing the brand’s new visual identity in the country. The renovated space features the German brand's latest innovative kitchen solutions.

Investcorp Capital H1 operating income up 16% to $52m

Thu, 12 Feb 2026

Investcorp Capital (ICAP), an Abu Dhabi Securities Exchange (ADX)-listed alternative investment company founded by the Investcorp Holdings group, reported a total operating income of $52 million, an increase of 16% year-on-year, for the first half (H1) of its fiscal year 2026, covering the six months ending 31 December 2025.

Uber, Baidu to launch driverless ride-hailing service in Dubai next month

Wed, 11 Feb 2026

Baidu and Uber Technologies will roll out the Apollo Go autonomous ride-hailing service in Dubai as early as next month, as part of their partnership with Dubai’s Roads and Transport Authority (RTA).

Saudi Arabia to host major AERO Middle East airshow in November

Thu, 12 Feb 2026

Messe Frankfurt Saudi Arabia and the Saudi Aviation Club have announced the launch of AERO Middle East x Sand & Fun 2026, a landmark aviation platform.

EU may ease travel visas for certain professionals

Fri, 06 Feb 2026

The European Commission has announced it will look into allowing certain non-EU professionals to stay in the EU beyond the current 90/180-day rule, as part of a future overhaul of its visa system, a report said.

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