Saudi Basic Industries Corporation (SABIC) has reported a 7% year-on-year decline in revenue for the third quarter of 2025, with total revenue amounting to SAR34.33 billion ($9.15 billion), primarily due to lower average selling prices and sales volumes.
Read more
The Jazan Chamber of Commerce and Industry (JCCI) has signed a cooperation agreement with China’s Xincheng Jiao Technology to establish a modern and advanced vehicle manufacturing facility in Saudi Arabia, with investments estimated at around €10 billion ($11.6 billion) over a period of 15 years.
Read more
ADIPEC 2025, which kicks off on Monday (November 3) in Abu Dhabi, will serve as a vital platform to attract investment, drive innovation, and advance long-term carbon neutrality goals.
Read more
The US Federal Reserve has likely made its last rate cut of 2025, and inflation can be expected to remain elevated while jobs data continues to deteriorate — conditions that point to the early stages of stagflation.
Read more
Construction across the Gulf continues to set global benchmarks for speed, scale, and ambition. And the region’s shift toward smart cities and data-centric infrastructure is introducing a new measure of success: how well a building communicates.
Read more
Union Properties has launched ‘Mirdad’, the company’s second landmark development and a new benchmark for elegant, connected, and sustainable living in the heart of Motor City.
ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, has launched a new release of The Garden Collection villas in the fully integrated SEDRA community in North Riyadh.
About 87% of global investors plan to increase AI investments in the Global South within the next two years, with India, Southeast Asia, and the Middle East identified as most likely beneficiaries, a research report by the Future Investment Initiative (FII) Institute, in collaboration with Accenture, said.
bauma, the world’s largest trade fair, will come to Saudi Arabia, one of the fastest-growing and most attractive construction markets in the world in April 2027, following a partnership between dmg events, the region’s largest trade events organiser, and Messe München.
Jahez International Company for Information System Technology, a leading integrated ecosystem of on-demand services in GCC, and noon, one of Middle East’s leading digital ecosystem and one of the Kingdom’s fastest-growing quick-commerce platforms, today announced a strategic partnership uniting two of Saudi Arabia’s most innovative platforms.
Aldar, a leading developer in the region, has reported a nine-month net profit before tax of AED6.8 billion ($1.85 billion), up 43% year-on-year (YoY), while net profit after tax rose 30% YoY to AED6 billion ($1.633 billion).
TAQA, one of the largest listed integrated utility companies, has divested its 100% stake in TAQA Neyveli Power Company Private Limited to MEIL Energy Private Limited for a sale consideration of INR9.26 billion (approximately $104.65 million).
Drydocks World, a DP World company, and Cochin Shipyard Limited (CSL) have signed an Agreement of Heads of Terms to evaluate and develop India’s first ship repair cluster at the International Ship Repair Facility (ISRF) in Cochin, Kerala.
Syrian President Ahmed Al-Sharaa announced that his country has attracted approximately $28 billion in investments during the first six months of this year, highlighting significant participation from companies based in the UAE, Saudi Arabia, and Qatar.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, approved the formation of the Mohammed bin Rashid Endowment District Board of Trustees, with Mattar Al Tayer as its Chairman.
Adnoc and Gecko Robotics have expanded their strategic partnership with three new agreements to explore deploying robotics and artificial intelligence (AI) across Adnoc’s operations and boosting future skills training for UAE Nationals.
AlUla has won in three major categories at the prestigious World Travel Awards 2025, further reinforcing its standing as one of the region’s most extraordinary destinations.
Saudi Basic Industries Corporation (SABIC) has reported a 7% year-on-year decline in revenue for the third quarter of 2025, with total revenue amounting to SAR34.33 billion ($9.15 billion), primarily due to lower average selling prices and sales volumes.
The US Federal Reserve has likely made its last rate cut of 2025, and inflation can be expected to remain elevated while jobs data continues to deteriorate — conditions that point to the early stages of stagflation.
Ohana Development captures the essence of coastal luxury with the Sky Mansions at Jacob & Co. Beachfront Living by Ohana, a limited collection of AED77 million ($20.96 million) residences that offer true seclusion and an unbroken connection to land and water.
Raqamat Specialist Hospital, Khotwah Specialist Hospitals, and Msharef Hospital have implemented the latest version of CareWare, an advanced medical information management system developed by Adaptive TechSoft (ats) — a Saudi technology company supporting the Kingdom’s efforts to build a digitally empowered healthcare ecosystem.
Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has appointed Ahmed Mazen Matar as its new Manager Training. In this pivotal role, Matar will oversee the design and implementation of training programmes across Alba’s operations.
GMG, a global well-being company, has launched Modora, a new luxury home concept that expands its home division and reinforces its position in the UAE’s interiors and lifestyle retail sector. This coincides with the first anniversary of its home division.
Almasar Alshamil Education, a leading provider of specialised education in the GCC, has announced the offer price range and commencement of participating entities’ bidding and book-building process for its initial public offering (IPO) on the Main Market of the Saudi Exchange.
The Emirates Nuclear Energy Company and Presight, a leading global AI and big data analytics company, have co-developed Eneciq, an independent agentic AI platform designed to drive faster insights, decision-making, and knowledge sharing at ENEC.
BMW Middle East has presented one of its most exclusive and poetic creations for the Middle East region to date: the BMW 7 Series Suhail Edition, in Riyadh.
The United Nations Development Programme (UNDP) and FinMark Communications have signed an agreement to boost collaboration for the upcoming edition of Sustainability Forum Middle East to be held in the Kingdom of Bahrain in January.
Bahrain is set to welcome an exceptional lineup of global leaders, investors, and innovators for the third edition of Gateway Gulf, taking place on November 2 and 3 at the Four Seasons Hotel, Bahrain Bay.
