Oman's General State Budget for 2026 forecasts total public expenditure of approximately RO11.977 billion ($31.15 billion), rising by 1.5 percent from the approved expenditure for 2025.
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Saudi Data and Artificial Intelligence Authority (SDAIA) has laid the foundation stone for its ‘Hexagon’ Data Centre on a 30 million sq ft area in Riyadh. Once completed, the key 480MW facility will become the world’s largest government data centre by capacity.
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Bahrain has launched the largest financial and tax reform package in its history to address a soaring $50 billion public debt, said media reports. The key fiscal reforms plan includes raising fuel and natural gas prices and bringing changes to corporate income tax and spending cuts.
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Investors are likely to face a more demanding but opportunity-rich market in 2026 as they look to the year ahead to build and safeguard wealth, affirms the CEO of one of the world’s largest independent financial advisory organisations.
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Rapid advances in artificial intelligence, shifting geopolitical dynamics and diverging monetary policy paths are reshaping the investment landscape as investors look ahead to 2026, according to a new Market GPS Investment Outlook from Janus Henderson Investors.
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Gold was steady on Wednesday but remained on track for its strongest annual gain in over four decades, while other precious metals fell sharply as investors booked profits after a strong, record-setting rally.
Nomad, Sharjah’s new eco-luxury hospitality destination in Kalba, will receive first guests today (December 31).
ACWA Power Co has announced its entry into China after securing more than 1 gigawatt (GW) of renewable energy projects, according to a stock exchange disclosure.
Riyadh's King Salman International Airport (KSIA), a PIF company, has commenced construction works on the third runway, marking a strategic step that reflects continued progress in airfield development and enhances the airport’s operational readiness to support long-term growth in air traffic demand.
Natural gas accounts for about 70 percent of Mubadala Energy’s production portfolio, the company’s Chief Operating Officer Adnan Bu Fateem said, describing 2025 as a "pivotal" year for the company’s international expansion.
Qatari Diar Egypt has announced that it has awarded one of the main construction packages for its premium CityGate New Cairo project to Egyptian builder Concrete Plus. The scope of work includes construction of 300 residential units in addition to infrastructure works.
Six Flags Qiddiya City, a major new entertainment destination in Saudi Arabia, was officially opened on Monday evening under the patronage of Governor of Riyadh Region Prince Faisal bin Bandar bin Abdulaziz.
The Saudi Ports Authority (Mawani) has signed a contract with Arabian Chemical Terminals to establish storage tanks for chemical and petrochemical materials at Jubail Commercial Port, with an investment exceeding SAR500 million on an area of 49,000 sq m.
The committee responsible for setting and monitoring petroleum product prices in Bahrain has set new fuel prices in the kingdom.
Saudi Data and Artificial Intelligence Authority (SDAIA) has laid the foundation stone for its ‘Hexagon’ Data Centre on a 30 million sq ft area in Riyadh. Once completed, the key 480MW facility will become the world’s largest government data centre by capacity.
Emirates moved 55.6 million customers, circled Earth 29,290 times on nearly 180,580 flights, and placed orders for 73 new aircraft in 2025.
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank (IsDB) Group, has extended $20 million medium-term Islamic finance facility to Applied Plastic Industries Company (API), a leading manufacturer of non-woven fabrics in Jordan.
Investors are likely to face a more demanding but opportunity-rich market in 2026 as they look to the year ahead to build and safeguard wealth, affirms the CEO of one of the world’s largest independent financial advisory organisations.
Work has begun on the Dhahrat Namar Park, a 35-km green corridor in southwest Riyadh being developed as part of the massive King Salman Park project. Spanning 2.4 million sq m, it features tree-lined pedestrian promenades, 52 km of walking trails and a 33-km cycling track.
The Aster Guardians Global Nursing Award 2026, an initiative from Aster DM Healthcare – a leading integrated healthcare provider - has announced the extension of its deadline to January 11, 2026.
Serco has appointed Maryam Alamasi as the new Head of Corporate Services for Saudi Arabia. An industry veteran, she has more than 18 years of experience in digital transformation, enterprise architecture and large-scale programme delivery.
Gold was steady on Wednesday but remained on track for its strongest annual gain in over four decades, while other precious metals fell sharply as investors booked profits after a strong, record-setting rally.
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank (IsDB) Group, has extended $20 million medium-term Islamic finance facility to Applied Plastic Industries Company (API), a leading manufacturer of non-woven fabrics in Jordan.
Saudi Data and Artificial Intelligence Authority (SDAIA) has laid the foundation stone for its ‘Hexagon’ Data Centre on a 30 million sq ft area in Riyadh. Once completed, the key 480MW facility will become the world’s largest government data centre by capacity.
Oman-based Al Maha Petroleum Products Marketing Company has announced that its heavy-duty diesel engine oil, Ampro Dextra 15W40 CI-4, has obtained DTFR approval from Daimler Truck, confirming its official OEM approval for use in Mercedes-Benz Trucks.
Nesma and Partners, a leading provider of integrated project solutions, has secured the main utilities and civil works package for Expo 2030 Riyadh. The scope of work includes construction of roads within the Expo site and installation of essential utilities.
As the world welcomed the dawn of 2026, celebrations unfolded across regions and time zones, uniting cities in a shared moment of renewal.
