GLOBAL HUB FOR PREMIUM EVENTS

EIF in deal to build world-class event venues across Saudi Arabia

Wed, 10 Dec 2025

The Events Investment Fund (EIF), a major Saudi government initiative, has entered into a joint venture pact with Legends Global, the world’s leading operator of event and sports venues, that will see EIF build, own and operate world-class event venues across Saudi Arabia.

Read more
PREMIUM OFFICES, LUXURY HOMES

Mubadala, Aldar in landmark $16bn Al Maryah Island expansion deal

Tue, 09 Dec 2025

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.

Read more
785-km RAIL NETWORK

Saudi Arabia, Qatar sign deal to build high-speed rail link

Tue, 09 Dec 2025

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.

Read more
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.

Read more
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.

Read more

Top This Week

Record 2,300 exhibitors to take part in Automechanika Dubai

Mon, 08 Dec 2025

The global automotive aftermarket community will converge in Dubai tomorrow (Dec 9) for Automechanika Dubai 2025, the largest and most internationally diverse edition in the event’s 22-year history.

Saudi Arabia’s GDP rises 4.8% in Q3 2025, says report

Mon, 08 Dec 2025

Saudi Arabia’s real GDP grew by 4.8% in the third quarter compared to last year, reported SPA citing official data. All economic activities recorded y-o-y growth with oil activities surging by 8.3%, non-oil activities by 4.3% and government activities by 1.4%.

Investcorp Capital acquires Guardian Fire Services in US

Mon, 08 Dec 2025

Investcorp Capital, an investor in private markets and a provider of capital and capital financing services in the alternative investments space, has acquired Guardian Fire Services, a leading provider of fire and life safety services operating in Northeastern, Southeastern and Western United States.

DP World in deal to develop strategic border facilities in Afghanistan

Mon, 08 Dec 2025

DP World has signed a landmark agreement with the Government of Afghanistan to develop and operate the country’s most important land border facilities at Torkham and Hairatan.

Dar wins consultancy contract for Kuwait wastewater project

Sun, 07 Dec 2025

Dar, one of the world’s leading consultancies, has secured a major contract to provide design review and construction supervision services for the transformational South Al Mutlaa Wastewater Treatment Plant (WWTP) in Kuwait along with related works.

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.

Aramco stadium work in full swing; set for 2027 opening

Sun, 07 Dec 2025

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.

SEC, GE Vernova, Bpifrance sign $3bn pact to boost energy projects

Sun, 07 Dec 2025

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.

SWPC completes technical, financial evaluation for Hadda, Arana ISTP projects

Sat, 06 Dec 2025

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.

Radisson-branded waterfront residences to come up in Reem Island

Wed, 10 Dec 2025

UAE-based Royal Development Holding has entered into a deal with Radisson Hotel Group to develop a premium branded residential project in Abu Dhabi. A major project, Radisson Residences Reem Island is set to redefine waterfront living in the UAE capital.

ADNOC L&S takes delivery of fourth new-build LNG carrier

Wed, 10 Dec 2025

ADNOC Logistics & Services (ADNOC L&S), a global leader in integrated maritime energy logistics, has taken delivery of ‘Al Sadaf,’ the fourth of six new-build liquefied natural gas (LNG) carriers from the Jiangnan Shipyard in China.

Turkish Airlines opens first European lounge abroad in Edinburgh

Wed, 10 Dec 2025

Flag-carrier Turkish Airlines has opened its first-ever European lounge at Edinburgh Airport, thus bringing another dimension of its renowned hospitality to travellers in Scotland. Spanning 673 sq m, the lounge can accommodate 149 guests.

ADNOC L&S takes delivery of fourth new-build LNG carrier

Wed, 10 Dec 2025

ADNOC Logistics & Services (ADNOC L&S), a global leader in integrated maritime energy logistics, has taken delivery of ‘Al Sadaf,’ the fourth of six new-build liquefied natural gas (LNG) carriers from the Jiangnan Shipyard in China.

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.

Dar Global awards enabling works contract for 80-floor Trump tower

Wed, 10 Dec 2025

Dar Global has awarded the enabling works contract for its ambitious 80-floor Trump International Hotel & Tower project in Dubai. The scope of work includes ground engineering, deep enabling systems and provision of logistical mobilisation services.

DP World installs 1,000 living seawall panels at Jebel Ali Port

Wed, 10 Dec 2025

DP World has completed the first phase of its Living Seawalls installation at Jebel Ali Port, deploying 1,000 eco-engineered panels that transform flat seawall surfaces into habitats where marine life can thrive and enhance biodiversity, setting a new benchmark for sustainable port infrastructure in the region.

Qualcomm, Aramco and RDIA celebrate first year of DISAI mentorship program

Tue, 09 Dec 2025

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.

Apple in deal to open flagship store at Diriyah Square

Mon, 08 Dec 2025

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.

ADCB completes $1.66bn rights issue

Wed, 10 Dec 2025

Abu Dhabi Commercial Bank (ADCB) on Wednesday announced the successful completion of its AED6.1 billion ($1.66 billion) rights issue, following the close of the subscription period on December 4, 2025.

Batelco by Beyon unveils new 'Ultra Home' internet package

Wed, 10 Dec 2025

Bahrain's leading telecom services company Batelco by Beyon has announced the launch of Ultra Home, a new line up of home internet plans, that brings together Mobile Broadband and Fiber Broadband under one simplified offering.

Saudi Events Investment Fund forms JV with Legends Global

Wed, 10 Dec 2025

The Events Investment Fund (EIF) — launched under Saudi Arabia's National Development Fund (NDF) — has announced the formation of a strategic joint venture with Legends Global, the world’s leading operator of event and sports venues.

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

Calendar of Events

Weather

Weather Data Source: wetterlang.de