UAE tops in GDP growth in GCC; non-oil's share now 77.5%

Tue, 02 Dec 2025

The 54th UAE Eid Al Etihad arrives this year crowned with exceptional economic and tourism achievements that reflect the vision of the UAE’s leadership and the strength of the Union, said Abdulla bin Touq Al Marri, Minister of Economy and Tourism.

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UTILITIES, INFRASTRUCTURE WORK

Buro Happold named lead design consultant for Expo 2030 Riyadh

Mon, 01 Dec 2025

Buro Happold has announced that it has been signed up as the lead design consultant for the detailed master plan of the mega Expo 2030 Riyadh as well as for the design of public realm, landscape, infrastructure and its utilities and the Expo legacy.

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DESIGN, BUILD PACKAGES

Abu Dhabi seeks bids for light rail transit line

Sun, 30 Nov 2025

Abu Dhabi Transport (ADT) has invited EoIs from rolling stock manufacturers and civil engineering contractors to provide the design and build services for the Abu Dhabi Light Rail Transit Line 4 (LRT4) project. On completion, the 19-km-long network will have 23 stops.

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INSIGHT

 Middle East life-sciences M&A set to accelerate amid Gulf innovation push: report

Thu, 27 Nov 2025

A sharp rise in life-sciences mergers and acquisitions (M&A) are likely across the Middle East as Gulf governments intensify efforts to build a globally competitive biotech and health-technology manufacturing base, according to a new Grand View Research study.

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ANALYSIS

'Scrappier AI’ is a welcome trend: deVere CEO

Tue, 25 Nov 2025

The AI sector is in a volatile stage as investors “abandon the idea that one unified mentality can carry every company involved in advanced computing”, says Nigel Green, the CEO of deVere Group, one of the world’s largest independent financial advisory organisations.

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Top This Week

Global airlines scramble to fix Airbus A320 software glitch; flights affected

Sat, 29 Nov 2025

Global airlines scrambled to fix a newly identified software glitch flagged by Airbus in its A320 family of aircraft, and although many carriers rushed to apply the update overnight, the issue still triggered widespread disruption to flight operations around the world.

Strabag lands $118m Oman transport infrastructure project

Sat, 29 Nov 2025

Strabag has announced that it has secured a €102 million ($118 million) transport infrastructure project in Muscat, Oman. The scope of work involves widening of a major street, building of a flyover and underpasses as well as redesigning roundabouts into intersections.

Global air passenger demand growth surges 6.6% in October

Fri, 28 Nov 2025

Total global passenger demand, measured in revenue passenger kilometres (RPK), was up 6.6% in October 2025 compared to October 2024, said International Air Transport Association (IATA) data.

Salone del Mobile.Milano launches in Riyadh for first time

Fri, 28 Nov 2025

The first edition of “Salone del Mobile.Milano” in Riyadh, which opened on November 26 under the theme ‘Red in progress’, will conclude today (November 28) at King Abdullah Financial District (KAFD).

ABB opens AI and digital solutions training centre in UAE

Thu, 27 Nov 2025

ABB opened a $2-million training and customer experience facility in the UAE to develop digital and engineering skills for industrial, power and utility applications across the Middle East.

Bahrain inks deal to extend PPA for 950MW power plant

Thu, 27 Nov 2025

Bahrain's Electricity and Water Authority (EWA) has signed an agreement to extend the power purchase agreement (PPA) with Al Ezzel Power Company, one of Bahrain’s independent power producers, for its key 950MW power plant in the Hidd region.

Daikin to open a new manufacturing facility in Jeddah

Thu, 27 Nov 2025

Daikin a leading manufacturer of Heating, Ventilation, Air Conditioning & Refrigeration (HVAC-R) solutions, has started building a new manufacturing facility in Jeddah, with support of their long-term partner and Chairman of Daikin Saudi Arabia, Tariq Almutlaq.

Abu Dhabi eyes 8,000 new residential units handover by year-end, says expert

Thu, 27 Nov 2025

Abu Dhabi City plans to deliver 8,000 new residential units by year-end, with 12,800 more on the way in 2026, said a top property expert. Some 2,700 apartments, townhouses and villas came to the market in the UAE capital during the first nine months.

AD Ports sells its 9.77% stake in NMDC to Alpha Dhabi

Thu, 27 Nov 2025

AD Ports Group, a leading global facilitator of trade, logistics, and industry, today announced the sale of its 9.77% stake in NMDC Group, a global leader in engineering, procurement, construction, and marine dredging, to Alpha Dhabi Holding for AED1.6 billion ($436 million).

Naseej completes its Nasayim Arad smart villa project

Tue, 02 Dec 2025

Leading Bahraini developer Naseej has announced the completion of its Nasayim Arad smart villa project in record time. The project includes 17 villas equipped with smart home solutions for lighting, AC and safety systems in line with sustainability principles.

Saudi's Technology of Petroleum Services wins global recognition

Tue, 02 Dec 2025

Saudi-based Technology of Petroleum Services has won recognition for the quality of its Mechanical Joint Integrity (MJI) training at the 13th annual Engineering Construction Industry (ECI) Training and Development Awards in London.

Gulf Air records strong traffic in October, passengers up 18pc

Tue, 02 Dec 2025

Bahrain's national carrier Gulf Air has recorded strong performance results for October amid growing demand which remained robust across its expanding network. The airline flew 598,363 passengers for the month, up 18% over last year.

Goldman Sachs to acquire Innovator Capital Management for $2bn

Tue, 02 Dec 2025

The Goldman Sachs Group has entered into a deal to acquire US-based Innovator Capital Management, a pioneer of defined outcome ETFs for $2 billion. The Innovator manages $28 billion of assets under supervision (AUS) across 159 defined outcome ETFs.

 Middle East life-sciences M&A set to accelerate amid Gulf innovation push: report

Thu, 27 Nov 2025

A sharp rise in life-sciences mergers and acquisitions (M&A) are likely across the Middle East as Gulf governments intensify efforts to build a globally competitive biotech and health-technology manufacturing base, according to a new Grand View Research study.

Elie Saab Maison seals partnership with luxury interiors group Aati

Sun, 30 Nov 2025

Global iconic fashion brand Elie Saab Maison and Aati, a part of Al Tayer Insignia and a leading name in luxury interiors, have announced their new partnership marked by the opening of dedicated Elie Saab Maison showroom spaces in Dubai.

 Middle East life-sciences M&A set to accelerate amid Gulf innovation push: report

Thu, 27 Nov 2025

A sharp rise in life-sciences mergers and acquisitions (M&A) are likely across the Middle East as Gulf governments intensify efforts to build a globally competitive biotech and health-technology manufacturing base, according to a new Grand View Research study.

Silah Gulf shines spotlight on female strength on Bahraini Women's Day

Tue, 02 Dec 2025

Silah Gulf, a leading customer experience solutions provider, celebrated Bahraini Women’s Day this year under the slogan 'Bahraini Women: Excellence, Creativity, Innovation,' honoring the impactful contributions, leadership, and innovation of its female 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.

Goldman Sachs to acquire Innovator Capital Management for $2bn

Tue, 02 Dec 2025

The Goldman Sachs Group has entered into a deal to acquire US-based Innovator Capital Management, a pioneer of defined outcome ETFs for $2 billion. The Innovator manages $28 billion of assets under supervision (AUS) across 159 defined outcome ETFs.

G42 welcomes US approval for advanced AI chip exports; boost to key projects

Tue, 02 Dec 2025

G42, an artificial intelligence development company based in Abu Dhabi, has welcomed the US decision to authorise the export of advanced AI semiconductors to G42.

NAVA teams up with Ceer to launch EV tech diploma in Saudi Arabia

Mon, 01 Dec 2025

The National Automotive and Vehicles Academy (NAVA), a key venture of Saudi PIF, has signed a strategic agreement with the kingdom's first automotive company Ceer to launch an intermediate diploma programme in automotive manufacturing technology.

Buro Happold named lead design consultant for Expo 2030 Riyadh

Mon, 01 Dec 2025

Buro Happold has announced that it has been signed up as the lead design consultant for the detailed master plan of the mega Expo 2030 Riyadh as well as for the design of public realm, landscape, infrastructure and its utilities and the Expo legacy.

9 startups selected for Sanabil Accelerator by 500 Global programme

Tue, 02 Dec 2025

500 Global, a multi-stage venture capital firm, and Sanabil Investments, a wholly owned company of the Public Investment Fund (PIF), announced the tenth batch of the Sanabil Accelerator by 500 Global.

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