Mubadala and Aldar have announced a landmark AED60 billion ($16.3 billion) expansion of Abu Dhabi’s financial district on Al Maryah Island. The development will deliver 1.5 million sq m GFA including Grade A offices, luxury homes, retail and hospitality space.
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Saudi Arabia and Qatar have signed a deal to build a high-speed rail link between the two countries. The 785-km network, which will connect King Salman International in Riyadh to Hamad International Airport in Doha, will carry trains with speeds above 300 kph.
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ExxonMobil, Aramco and Samref have signed a Venture Framework Agreement (VFA) to evaluate a significant upgrade of the Samref refinery in Yanbu, and an expansion of the facility into an integrated petrochemical complex.
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UAE shoppers are turning to AI to make shopping easier and more efficient, and they are signalling the importance of transparency as these tools become part of everyday life, says a Visa survey.
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Global luxury markets proved resilient into 2025, with overall luxury spending stabilising at similar levels to last year, despite headwinds from economic and geopolitical uncertainties, as well as disruption from critical shifts in consumers’ preferences, a report said.
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Saudi-based Alhani Construction said work is in full swing on the landmark Aramco Stadium project in Khobar and will be completed in time for AFC Asia Cup 2027. It is being built in collaboration with Besix Construct-Albawani JV.
Saudi Electricity Company (SEC) has announced that it has signed a tri-party agreement with French bank Bpifrance and GE Vernova, a purpose-built energy technology company, to facilitate financing for energy sector projects worth up to $3 billion.
Saudi Water Partnership Company (SWPC) has announced the successful completion of the technical and financial evaluation for the development of the Hadda and Arana Independent Sewage Treatment Plant Projects which will boast a total of 750,000 cu m capacity.
Bahrain Economic Development Board (Bahrain EDB) and the Ministry of Investment of the Kingdom of Saudi Arabia (MISA) have signed a memorandum of understanding (MoU) aimed at promoting direct investment.
Emerson, a global leader in automation technology and software, has opened registration for Emerson Exchange 2026, taking place from May 19-21, 2026 at the Dubai World Trade Center.
Major carrier CMA CGM has announced its Indamex service will transit Suez Canal on fronthaul and backhaul voyages between India/Pakistan and US East Coast in a notable step towards a largescale return of container ships to the Red Sea region.
Fitch Ratings has assigned ‘neutral’ outlook for Middle East and North Africa (MENA) sovereigns in 2026. The outlook balances fairly stable oil prices, solid economic growth and some fiscal reform against political and geopolitical risks, it said.
Creators HQ, the first content creator hub in the UAE and the Middle East and part of Visioneers, and the global social media platform X, have launched X Creators Lab, a pioneering initiative aimed at empowering content creators, from talented beginners to world-class professionals, to produce impactful, high-value global content.
Economic growth across the Gulf Cooperation Council (GCC) gained momentum in 2025, supported by structural reforms and rapid digital innovation, said a World Bank report. The UAE is expected to top the region with 4.8% growth in the year.
Qiddiya Investment Company has announced the official unveiling of PlayMaker Studios at Qiddiya City, marking a strategic addition to Saudi Arabia’s film production infrastructure. It builds on the kingdom's growing success in the creative industries.
ProSep has secured a new contract to supply its proprietary mixing technology to a regional operator, delivering three Annular Injection Mixers (AIM) for a Saudi Arabian oilfield.
IBM said it has collaborated with Riyadh Air to set up the world’s first AI-native airline. Designed from the ground up without legacy patchwork, these AI-driven operations provide the foundation to transform guest and employee experiences.
Ethmar International Holding (EIH), a leading investment holding in the UAE, has announced a strategic partnership with Al Ain Mills, a nationally established milling producer backed by decades of regional expertise and industrial leadership.
UAE shoppers are turning to AI to make shopping easier and more efficient, and they are signalling the importance of transparency as these tools become part of everyday life, says a Visa survey.
LIV Developers has announced the launch of its new signature residential waterfront tower - LIV Oceanside - on the Dubai Islands. Set for 2027 handover, it features more than 110 residences with a mix of one- to three-bedroom signature apartments.
EV LAB, the region’s first omni-channel multi-brand EV store, has announced a strategic investment in Pure Electric, a global specialist in electric micromobility founded by British entrepreneur Adam Norris. With this move, it has become the brand’s exclusive partner in the Middle East.
Qualcomm Technologies International Limited, a subsidiary of Qualcomm, and Aramco through the Saudi Accelerated Innovation Lab (AramcoSAIL) have completed the inaugural Design in Saudi Arabia with AI (DISAI), an accelerator program aimed to support startups in Saudi Arabia.
Diriyah Company, the developer of Saudi Arabia's premier historical, cultural, and lifestyle destination, has entered into a lease agreement with Apple to open an iconic retail store at its premier retail district - Diriyah Square - within the City of Earth.
The Abu Dhabi Family Business Council (ADFBC), an affiliate of the Abu Dhabi Chamber of Commerce and Industry, has signed a cooperation agreement with the Family Business Council Gulf (FBCG), a non-profit organisation dedicated to supporting the sustainability and long-term success of family businesses across the Gulf Cooperation Council.
IBM said it has collaborated with Riyadh Air to set up the world’s first AI-native airline. Designed from the ground up without legacy patchwork, these AI-driven operations provide the foundation to transform guest and employee experiences.
EV LAB, the region’s first omni-channel multi-brand EV store, has announced a strategic investment in Pure Electric, a global specialist in electric micromobility founded by British entrepreneur Adam Norris. With this move, it has become the brand’s exclusive partner in the Middle East.
Qiddiya Investment Company has announced the official unveiling of PlayMaker Studios at Qiddiya City, marking a strategic addition to Saudi Arabia’s film production infrastructure. It builds on the kingdom's growing success in the creative industries.
The GCC will continue to build on its achievements with a shared vision and unified policies, His Majesty King Hamad said, chairing the 46th session of the GCC Summit at Sakhir Palace on Wednesday.
