10m SQ FT MEGA URBAN DISTRICT

Binghatti launches world's first Mercedes-Benz city in Dubai

Thu, 15 Jan 2026

Binghatti Developers and Mercedes-Benz have joined forces for the official unveiling of Mercedes-Benz Places|Binghatti City, the world’s first Mercedes-Benz branded city and the developer’s first masterplanned community, a AED30 billion ($8.2 billion) development spanning more than 10 million sq ft in Nad Al Sheba.

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SPOTLIGHT

GCC’s Unified Civil Aviation Authority: A strategic leap forward

Thu, 15 Jan 2026

The Gulf Cooperation Council (GCC) has taken a landmark step: the creation of a Unified GCC Civil Aviation Authority. This initiative isn’t just bureaucratic housekeeping — it’s an effort that we all hope will build a stronger, safer, and more efficient air transport system for the GCC.

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HITECH SMELTING FACILITY IN YANBU

PIF in deal to set up integrated aluminium complex in Saudi Arabia

Thu, 15 Jan 2026

Saudi sovereign wealth fund PIF has reached an agreement with Red Sea Aluminium Holdings (RSAH) to jointly develop an single integrated downstream aluminium complex in Yanbu. The duo aims to introduce advanced smelting and continuous-casting technologies to the Saudi market.

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71,830 NEW FIRMS JOIN

Dubai Chamber of Commerce members' exports hit $97bn

Thu, 15 Jan 2026

Members of the Dubai Chamber of Commerce recorded their highest-ever annual exports and re-exports in 2025, reaching AED356.5 billion ($97.07 billion), a growth of 15.1% compared to AED309.6 billion in 2024, it has been revealed.

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AI BUBBLE CONCERNS STAY

Gulf investors' role 'growing as financiers of key AI tech infrastructure'

Wed, 14 Jan 2026

Gulf investors are playing an increasing central role in sustaining AI and private market deal flow, not as speculative entrants, but as strategic financiers of foundational technology infrastructure, a Standard Chartered report said.

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Top This Week

Webuild-led consortium wins Riyadh Metro network extension contract

Wed, 14 Jan 2026

Webuild, a global leader in the design and construction sector, has announced that its consortium - comprising Indian construction conglomerate L&T, Saudi Arabia's Nesma and French rail transport giant Alstom - has secured the contract for the extension of Riyadh Metro’s Red Line network.

GCC economy to growth 4.4% in 2026; global growth to stay steady

Wed, 14 Jan 2026

The World Bank projects that growth in Gulf Cooperation Council (GCC) states will rise to 4.4% in 2026 and 4.6% in 2027.

Arada launches fitness-led hospitality and residences project in Dubai

Wed, 14 Jan 2026

Arada, a leading regional developer, has unveiled Inaura, an urban fitness-led hospitality and residences concept in Dubai.

Golden Compass, Thara in deal to set up Saudi mining services giant

Tue, 13 Jan 2026

Saudi-based Golden Compass for Mining Services, a geological consultancy owned by Naif Alrajhi Investment and Rasi Investment, has signed a strategic partnership deal with Thara Future Investments, in a move aimed at building a fully integrated national mining services champion in the kingdom.

EDGE, Indra Group in new Spanish defence manufacturing JV

Tue, 13 Jan 2026

EDGE, a leading Abu Dhabi-based advanced technology major, has signed an agreement with Indra Group, a global leader in IT, aerospace, defence and mobility systems, for setting up a new defence manufacturing company in Spain that will cater to European defence programmes.

Parsons lands New Murabba infrastructure lead design consultancy contract

Tue, 13 Jan 2026

Parsons Corporation has secured the infrastructure lead design consultancy contract from Saudi PIF-owned New Murabba Development Company for its mega project in the kingdom. The scope of work includes provision of design and construction technical support for New Murabba project.

CEER, Dürr to install 'one of the most advanced paint shops' at Saudi plant

Tue, 13 Jan 2026

CEER, the first Saudi automotive company and Saudi-born EV brand, has partnered with Dürr, a global leader in mechanical and plant engineering, to supply and install one of the most advanced Paint Shops in the automotive world at the CEER Manufacturing Complex (CMC) in King Abdullah Economic City (KAEC).

Batelco by Beyon, Qareeb partner to launch Bahrain’s first Edge Data Center

Tue, 13 Jan 2026

Batelco by Beyon has signed a strategic partnership agreement with Qareeb Data Centers, the Middle East’s first edge data center provider.

Zoho Corporation opens its first data centres in UAE

Tue, 13 Jan 2026

Zoho Corporation, a global technology company, has announced the launch of its inaugural data centres in UAE. These facilities, located in Dubai and Abu Dhabi, will host more than 100 cloud-based solutions of both Zoho and ManageEngine, the company's two key brands.

WW+P, SvN merge to form global urban design powerhouse

Thu, 15 Jan 2026

World-renowned design practices - UK-based WW+P and Canadian group SvN - have just announced the merger of their practices, unifying their diverse teams of architects, urban planners, urban designers and landscape architects into a global powerhouse of expertise and delivery for complex urban projects.

Envision launches first Energy Foundation Model designed to shape AI energy system

Thu, 15 Jan 2026

Envision, a global leader in green technology, on Thursday announced the launch of Dubhe, its groundbreaking Energy Foundation Model, designed to shape the world’s largest Physical AI system – the AI energy system.

AeroGulf Services in deal to buy 20 SkyDrive eVTOL aircraft

Thu, 15 Jan 2026

SkyDrive, a leading eVTOL aircraft manufacturer, has reached a general understanding with AeroGulf Services Company regarding the potential purchase of the 20 SkyDrive (type SD-05 model) eVTOL aircraft.

WW+P, SvN merge to form global urban design powerhouse

Thu, 15 Jan 2026

World-renowned design practices - UK-based WW+P and Canadian group SvN - have just announced the merger of their practices, unifying their diverse teams of architects, urban planners, urban designers and landscape architects into a global powerhouse of expertise and delivery for complex urban projects.

GCC’s Unified Civil Aviation Authority: A strategic leap forward

Thu, 15 Jan 2026

The Gulf Cooperation Council (GCC) has taken a landmark step: the creation of a Unified GCC Civil Aviation Authority. This initiative isn’t just bureaucratic housekeeping — it’s an effort that we all hope will build a stronger, safer, and more efficient air transport system for the GCC.

Parsons lands New Murabba infrastructure lead design consultancy contract

Tue, 13 Jan 2026

Parsons Corporation has secured the infrastructure lead design consultancy contract from Saudi PIF-owned New Murabba Development Company for its mega project in the kingdom. The scope of work includes provision of design and construction technical support for New Murabba project.

NVIDIA, Lilly announce co-innovation AI lab to tackle pharma challenges

Thu, 15 Jan 2026

NVIDIA and Eli Lilly and Company on Thursday announced a first-of-its-kind AI co-innovation lab focused on applying AI to tackle some of the most enduring challenges in the pharmaceutical industry.

Firas Bin Fatik partners with Indian group for two large-scale projects in Oman

Thu, 15 Jan 2026

Omani group Firas Bin Fatik and India-based Maadfam Entertainment have inked a strategic partnership to develop two large-scale projects in the sultanate aligned with its Vision 2040 development strategy. The first is a 17.4 million-sq-ft student campus living district and the second a large-scale integrated interactive zone.

Kanoo Real Estate opens integrated service station in Bahrain

Mon, 12 Jan 2026

Kanoo Real Estate, a division of the Yusuf bin Ahmed Kanoo Group, has officially inaugurated its Sitra service station in Bahrain. A fully integrated service destination, it features eight drive-thru units, 12 retail outlets with the mezzanine levels hosting a curated mix of international and local brands.

PwC Middle East announces leadership transition

Thu, 15 Jan 2026

PwC, a leading management consultancy company, has appointed Laura Hinton as the incoming Middle East Senior Partner, succeeding Hani Ashkar at the conclusion of his term.

Global AI spending to hit $2.5 trillion this year, says report

Thu, 15 Jan 2026

Worldwide spending on artificial intelligence (AI) is forecast to hit $2.52 trillion in 2026, up 44% over last year, said a report. The AI infrastructure is driving this boom; adding a whopping $401 billion in expenditure as technology providers continue to build out AI foundations.

UD Trucks rolls out new Kuzer light-duty truck in UAE

Thu, 15 Jan 2026

UD Trucks has introduced the new Kuzer light-duty truck in the UAE in partnership with Al Masaood CV&E and United Diesel, a part of Al Rostamani Group. With a choice of three GVW ranges and two engine options, it is a dependable light-duty truck designed for everyday business operations.

Intersec gets new unified international brand identity

Tue, 13 Jan 2026

Messe Frankfurt Middle East has officially unveiled Intersec Global, a new unified international brand that brings together the world’s leading security, safety, and resilience events under a single global platform. It will be the flagship event, fostering collaboration between the global portfolio of Intersec events.

Industry leaders warn against algorithm-only safety as AI goes frontline

Tue, 13 Jan 2026

As global spending on artificial intelligence (AI) is projected to exceed $2 trillion in 2026, senior government and industry leaders at a high-level panel discussion at the 27th edition of Intersec discussed how AI is quickly transitioning from 'deep tech' to everyday frontline operations in safety-critical environments.

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