Saudi Water Partnership Company (SWPC) has announced that a developer consortium led by Vision International Investment Company has emerged as the preferred bidder for the Riyadh-Qassim IWTP Project which boasts a 685,000 cu m per day transmission capacity.
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The Middle East and North Africa (MENA) is entering a decisive, services-led growth phase in its IT sector, as enterprises and governments accelerate large-scale digital transformation initiatives, says a report.
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Universal Studios is in early planning stages to build a new theme park in Saudi Arabia, the Wall Street Journal reported on Friday, citing people with knowledge of the matter. The Comcast unit is doing initial concept work for the park.
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Dubai Municipality has launched the region’s first integrated recreational vehicle (RV) route, marking a pioneering step in developing a new model of nature-based tourism in Dubai.
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Middle Eastern mergers and acquisitions (M&A) have demonstrated remarkable resilience and strategic focus, with deal values surging 260% to $53 billion in the first nine months of 2025 compared to the same period last year, a report said.
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Ecolab, a global sustainability leader in water, hygiene and infection prevention solutions and services, and the Saudi Water Authority (SWA) have entered into a non-binding memorandum of understanding (MoU) to accelerate water innovation and the Kingdom’s sustainability objectives.
Waaree Solar Americas has signed a binding term sheet to invest $30 million in Oman-based United Solar Holding (United Solar) through Series B preferred shares, alongside a long-term polysilicon offtake agreement to support Waaree’s global solar manufacturing operations, and in particular US operations.
KKR, a leading global investment firm, has announced a strategic infrastructure financing transaction with Acwa Power, a global utility major. As part of the deal, KKR will serve as the anchor lender in a long-duration financing solution for the Rabigh 3 desalination facility in the Makkah region.
KKR, a leading global investment firm, has announced a strategic financing transaction with ACWA Power, the world’s largest private water desalination company, a leader in energy transition and a first mover in green hydrogen.
Expo Centre Sharjah is set to deliver an extensive portfolio of events in 2026, solidifying its position as a leading regional destination for world-class exhibitions and conferences and a global hub for business tourism.
Yusuf Bin Ahmed Kanoo Group, one of the region's largest independent family-owned multinational businesses headquartered in Bahrain, has announced the appointment of its new Board of Directors under the chairmanship of Fawzi Ahmed Kanoo.
The UAE’s tourism sector continued its strong upward trajectory in 2025, consolidating its position as one of the country’s most dynamic economic sectors, contributing AED257 billion ($70 billion) to GDP and setting new visitor records for the year, said a report.
The global GDP is projected to surge 2.8% in 2026, led by stronger momentum in the US and resilient exports from China, while the euro zone benefits from targeted fiscal support despite longer-term challenges, said Goldman Sachs Research in its new report.
Abu Dhabi National Oil Company has signed a $2 billion green financing deal backed by Korea Trade Insurance Corporation (K-Sure) to fund lower carbon projects across its operations. This marks its first green financing facility backed by a Korean agency.
EHAF Consulting Engineers has announced that it has been appointed as the project, programme and construction management (PMCM) services consultant for a premium residential community - Raseen - in Riyadh. The project is being developed by leading Saudi master developer AlOula.
ALUPCO (Aluminium Products Company), a leading building solutions provider, has won the Environmental Sustainability Track at the MODON Industrial Excellence Award.
Wingie reported strong growth for 2025, with bookings up 50% year-on-year, highlighting rising travel demand across the Mena region. While bookings increased, average fares fell 5% to $288, reflecting more price-conscious and flexible travellers.
AD Ports Group has announced that it has become the first global trade and logistics company to achieve Tier IV Certification of Constructed Facility, the highest standard in data centre accreditation from the Uptime Institute, a New York-based premier certification network.
The Middle East and North Africa (MENA) is entering a decisive, services-led growth phase in its IT sector, as enterprises and governments accelerate large-scale digital transformation initiatives, says a report.
BNW Developments, a premier real estate developer in UAE, has unveiled the first Tonino Lamborghini Residences on Al Marjan Island in Ras Al Khaimah offering an exclusive collection of 377 apartments alongside villas, penthouses and mansions.
The World Green Economy Organisation (WGEO) has launched the ‘Green Circles’ platform, featuring dialogue aimed at unifying the visions and efforts of global leaders, policymakers and business leaders.
Yusuf Bin Ahmed Kanoo Group, one of the region's largest independent family-owned multinational businesses headquartered in Bahrain, has announced the appointment of its new Board of Directors under the chairmanship of Fawzi Ahmed Kanoo.
Chalhoub Group, a premier luxury retailer in the Middle East, said it has signed a solar lease agreement with Yellow Door Energy, a leading provider of sustainable energy solutions, to bring clean electricity to the Group's key fulfilment hub in Riyadh.
ADQ, an Abu Dhabi-based active sovereign investor focused on critical infrastructure and global supply chains, has announced the successful closing of its debut five-year syndicated term financing deal in the Greater China region worth $5 billion.
National Center for the Development of the Non-Profit Sector (NCNP) has completed one of the fastest ERP implementations in Saudi Arabia’s public sector, deploying key SAP solutions to boost efficiency and data-driven management across its operations.
Ford Middle East and North Africa has unveiled the new 2026 Ford Everest at the Liwa International Festival, highlighting a Middle East-exclusive 2.7L V6 EcoBoost engine and showcasing the region’s newest off-road-focused variant, the Everest Tremor.
Universal Studios is in early planning stages to build a new theme park in Saudi Arabia, the Wall Street Journal reported on Friday, citing people with knowledge of the matter. The Comcast unit is doing initial concept work for the park.
For the first time in the Middle East, Abu Dhabi will host the Gran Turismo World Series 2026 opening event, scheduled for March 28 at the Space42 Arena. The landmark event will bring together the world’s top Gran Turismo drivers to compete in an elite live championship.
