Parsons Corporation has announced that it has been selected by Al Ittihad Club Company, the oldest sports club in Saudi Arabia, as the project management consultant for its Al Ittihad Sports Village project in Jeddah.
TotalEnergies and Masdar will form a $2.2 billion 50/50 joint venture merging onshore renewables across nine Asian countries, combining assets to reach 3 GW operational capacity and 6 GW in development by 2030.
flydubai, the Dubai-based carrier, has announced the resumption of direct flights between Chattogram and Dubai. Flights will operate as part of the flydubai and Emirates codeshare partnership
The value of service exports from Saudi Arabia in Q4 2025 reached SAR66.1 billion ($17.61 billion), while service imports into the Kingdom reached SAR119.6 billion, the General Authority for Statistics (GASTAT) has stated.
Households, businesses and investors should prepare for 1970’s-style global stagflation, warned Nigel Green, the CEO of the deVere Group, one of the world’s largest independent financial advisory organisations, after private sector output in the euro zone sank to a 10-month low in March.
UAE-based Palma Development has announced that work has been completed on its ultra-premium beachfront residential development - Serenia Living - located on the crescent of Palm Jumeirah. It boasts 226 residences, including two- to four-bedroom apartments as well as one of Dubai’s most exclusive Sky Mansions.
Kanoo Ventures, part of the Yusuf bin Ahmed Kanoo Group and a strategic investor in the specialised healthcare investment fund managed by Esterad Bank, has announced that its Chairman Nabeel Kanoo visited The Eye Infirmary’s main centre in the Seef District.
Volvo Construction Equipment (Volvo CE) has formalised Iron Women as a unified global platform to solve a severe shortage of skilled operators, technicians, and service professionals. The initiative is positioned not as a symbolic gesture but as essential business infrastructure.
Majid Al Futtaim, a leading shopping mall developer and retail and leisure pioneer in the region, said it is deepening its strategic alliance with Alshaya Group, one of the world’s leading brand franchise operators, for a bold new wave of store openings across its regional portfolio.
The Heads of the International Energy Agency, International Monetary Fund, and World Bank Group have agreed to form a coordination group to maximise their institutions’ response to the energy and economic impacts of the war in the Middle East.
Four astronauts blasted off on NASA’s Artemis II mission from Kennedy Space Center in Florida on Wednesday evening on a monumental 10-day flight around the moon and back.
Mazad, a leading digital auctions and marketplace platform in Bahrain, and a Mumtalakat portfolio company, has announced the launch of a special auction for a unique three‑digit vehicle license plate number, 994, in response to the growing demand for distinctive triple‑digit plates.
The second edition of Abu Dhabi Infrastructure Summit (ADIS) kicks off in May this year at the ADNEC Centre, anchored by the emirate's $57 billion infrastructure pipeline spanning housing, transport, culture, education, and social infrastructure, said the event organisers.
All Dubai government entities were directed to integrate services for individuals and businesses into a unified digital ecosystem within one year.