20 NEW PROJECTS

Tomorrow World unveils $2.18bn Dubai real estate pipeline

Mon, 08 Dec 2025

Tomorrow World Group, a global enterprise with a proud 20-year legacy in Dubai, has announced its most ambitious chapter yet: an AED8 billion ($2.18 billion) real estate development pipeline set to redefine the city’s skyline from 2026 onward.

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SPOTLIGHT

AI transforming how UAE consumers shop and spend

Mon, 08 Dec 2025

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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INSIGHT

Middle East stands out as luxury’s brightest performer

Mon, 08 Dec 2025

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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MARINE, LUXURY HOSPITALITY

Dar Global, Art District unveil $4.2bn new coastal destination in Oman

Sun, 07 Dec 2025

Dar Global has partnered with Art District Real Estate for the development of its new coastal destination - Muscat Marine, Art & Digital District (MAD) - being set up in Oman. The RO1.6 billion ($4.2 billion) project integrates oceanfront living, luxury hospitality and future-focused digital industries.

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ENHANCING COLLABORATION

Bahrain EDB, Saudi ministry sign MoU to promote direct investment

Fri, 05 Dec 2025

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.

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Top This Week

MENA sovereigns 2026 outlook ‘neutral’ says Fitch

Fri, 05 Dec 2025

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, X platform launch X Creators Lab

Fri, 05 Dec 2025

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.

GCC economic growth gains pace: World Bank

Fri, 05 Dec 2025

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.

AD Ports, LDC units sign deal to develop new facilities at Karachi Port

Fri, 05 Dec 2025

Karachi Gateway Terminal Multipurpose Limited (KGTML), part of AD Ports' Noatum Ports unit, and a subsidiary of Louis Dreyfus Company (LDC) have signed an agreement to develop and operate a modern clean bulk handling and storage facility for agricultural goods at Karachi Port.

Top architect Frida Escobedo lands contract to design Qatar ministry HQ

Thu, 04 Dec 2025

Leading architect Frida Escobedo, the founder and principal of the Mexico City and New York-based Frida Escobedo Studio, has been awarded the contract to design the new headquarters for Qatar's Ministry of Foreign Affairs.

GCC will build on achievements with a shared vision: HM King Hamad

Thu, 04 Dec 2025

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.

Bahrain, Saudi Arabia announce key projects, decisions

Thu, 04 Dec 2025

Several major projects and decisions were announced during the fourth meeting of the Bahraini-Saudi Coordination Council, co-chaired by HRH Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister of Bahrain, and HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia.

PIF unit, Mumtalakat deal to unlock new opportunities in Bahrain

Thu, 04 Dec 2025

The Saudi Bahraini Investment Company (SBIC), a PIF company, has signed an agreement with Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of Bahrain, aimed at expanding opportunities of investment cooperation between the two parties.

Saudi Arabia approves $310bn budget for 2026; focus on Vision 2030

Wed, 03 Dec 2025

The Kingdom of Saudi Arabia is projected to generate SAR1.15 trillion ($310 billion) in revenue in 2026, up 5.1% over the 2025 estimate, underscoring the gains from the country’s ongoing economic diversification agenda, said a report.

Tomorrow World unveils $2.18bn Dubai real estate pipeline

Mon, 08 Dec 2025

Tomorrow World Group, a global enterprise with a proud 20-year legacy in Dubai, has announced its most ambitious chapter yet: an AED8 billion ($2.18 billion) real estate development pipeline set to redefine the city’s skyline from 2026 onward.

Uzbekistan launches first utility-scale solar and battery project

Mon, 08 Dec 2025

Uzbekistan’s President Shavkat Mirziyoyev inaugurated the Nur Bukhara project, the nation’s first utility-scale solar and battery installation by Masdar, and also broke ground on Masdar’s 300 MW solar and 75 MWh storage project in Guzar during a ceremony in Tashkent.

AlUla named World’s Cultural Tourism Project 2025

Mon, 08 Dec 2025

AlUla’s status as a global hub for culture, heritage, exploration, and discovery has been further strengthened following its designation as the World’s Leading Cultural Tourism Project 2025 at this year’s World Travel Awards.

Alba signs two-year deal with Gulf Aluminium Rolling Mill Company

Mon, 08 Dec 2025

Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, said it has signed a two-year agreement with Gulf Aluminium Rolling Mill Company (GARMCO) to help boost the technical capabilities of its Bahraini employees.

AI transforming how UAE consumers shop and spend

Mon, 08 Dec 2025

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.

Modon launches first premium waterfront community on Hudayriyat Island

Mon, 08 Dec 2025

Leading UAE developer Modon has unveiled its first ultra-premium waterfront community on Hudayriyat Island - Bashayer - featuring 157 luxury villas, as well as 330 apartments, including penthouses with views of Al Bateen and Abu Dhabi’s skyline.

First high-resolution 3D map of world’s built environment unveiled

Sun, 07 Dec 2025

Scientists in Germany have, for the first time, produced the most comprehensive digital representation of the world’s built environment by compiling a high-resolution, three-dimensional dataset containing 2.75 billion buildings.

Alba signs two-year deal with Gulf Aluminium Rolling Mill Company

Mon, 08 Dec 2025

Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, said it has signed a two-year agreement with Gulf Aluminium Rolling Mill Company (GARMCO) to help boost the technical capabilities of its Bahraini employees.

AFS shines at Jewellery Arabia 2025 with 160% payment boost

Tue, 02 Dec 2025

Arab Financial Services (AFS) said it has delivered a standout performance at Jewellery Arabia 2025, supporting seamless digital payments across the five-day event, recording 160% payment growth, one of the strongest years in terms of both domestic and global activity.

NBB names new Group Chief Human Resources Officer

Mon, 08 Dec 2025

The National Bank of Bahrain (NBB) has appointed Hend Mohamed Mahmood as the Group Chief Human Resources Officer effective December 14. She brings 30 years of experience in human capital and organisational transformation to the new role.

Beyon retains 70pc broadband and 40% mobile market in Bahrain, says report

Sun, 07 Dec 2025

Leading telecom company Beyon continues to hold a strong market position within the Kingdom of Bahrain, maintaining more than 70% of the fixed broadband market and around 40% of the mobile market, said a recent study.

Lucid expands footprint in Saudi Arabia with new Khobar studio

Sun, 07 Dec 2025

Lucid Group, the makers of the world’s most advanced electric vehicles, has announced the opening of its new Lucid Studio at Al Khobar in a landmark expansion, thus completing a three-city network across Riyadh, Jeddah and the Eastern Province.

Bahrain's iGA adds 14 new eServices to its MyGov app

Sun, 07 Dec 2025

Bahrain's Information & eGovernment Authority (iGA) has added 14 new eServices to the MyGov app, thus taking its total to 111 eServices. Among the new additions are the Personal Bill Payment service, introduced in cooperation with Electricity and Water Authority (EWA).

GCC will build on achievements with a shared vision: HM King Hamad

Thu, 04 Dec 2025

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.

Gulf Construction

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