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.
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Several major projects and decisions were announced during the fourth meeting of the Bahraini-Saudi Coordination Council, co-chaired by HRH Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister of Bahrain, and HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia.
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The Saudi Bahraini Investment Company (SBIC), a PIF company, has signed an agreement with Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of Bahrain, aimed at expanding opportunities of investment cooperation between the two parties.
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Millions of jobs, especially those held by women and young people, face significant exposure to automation, if core principles of ethical and inclusive governance of Artificial intelligence (AI) are not considered, said a new report from the United Nations Development Programme (UNDP).
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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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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.
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.
Tenable, the exposure management company, has announced the formal establishment of a new legal entity in Saudi Arabia. This move signals its investment in the region and a commitment to supporting the nation's ambitious digital transformation under Vision 2030.
The UAE's hospitality sector continued its strong upward trajectory in the first nine months of 2025, with hotels welcoming 23.27 million guests – up 4.9 percent compared to the same period in 2024 - resulting in more than 79.3 million hotel room nights booked, said Abdulla bin Touq Al Marri, Minister of Economy and Tourism.
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.
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.
Acwa Power, the world's largest private water desalination company, has announced that it has, along with its partners Badeel and Saudi Aramco Power Company (Sapco), achieved a $8.2 billion financial close for 15GW renewable energy projects in Saudi Arabia.
Bahrain Metro project is in its final stages of preparation, with the authorities now reviewing the optimal mode of transport for the network, whether it will be a metro or a monorail, said a report citing the transport minister.
The General Civil Aviation Authority (GCAA) of the United Arab Emirates has confirmed that all UAE operators of Airbus A319, A320, and A321 aircraft had fully complied with the Emergency Airworthiness Directive issued by the State of Design authority.
UAE developer Arada has awarded AED2.7 billion ($735 million) contracts for Masaar 2, a forested megaproject in Sharjah. The scope of work includes construction of 1,997 homes across four phases as well as complete design and supervision work.
IMI won a contract to supply severe service valves for a new Homer City, Pennsylvania combined cycle plant. The 4.4 GW, seven-turbine facility will be the nation’s largest natural gas plant, supporting a 3,200-acre campus for expanding AI and high-performance computing demands in industry innovation.
Ethiopian Airlines won multiple honours at AFRAA’s 57th Assembly in Luanda, including Airline of the Year for profitability and improved intra-Africa connectivity, plus Outstanding and Distinguished Service Awards for major contributions to African aviation and pioneering support for the continent’s Free Route Airspace Project.
The Saudi Bahraini Investment Company (SBIC), a PIF company, has signed an agreement with Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of Bahrain, aimed at expanding opportunities of investment cooperation between the two parties.
Millions of jobs, especially those held by women and young people, face significant exposure to automation, if core principles of ethical and inclusive governance of Artificial intelligence (AI) are not considered, said a new report from the United Nations Development Programme (UNDP).
Dubai-based Ellington Properties has announced the launch of Eltiera Views, its newest residential development set within Jumeirah Islands featuring a curated collection of one- to three-bed apartments and three- and four-bedroom penthouses.
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.
Global automation major ABB has signed an agreement with Saudi Arabia's National Industrial Development Center (NIDC) to set up an academy to focus on developing local talent and improving the skills of the kingdom’s future workforce.
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.
The Saudi Bahraini Investment Company (SBIC), a PIF company, has signed an agreement with Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of Bahrain, aimed at expanding opportunities of investment cooperation between the two parties.
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.
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.
Zayed National Museum, an architectural landmark located in the heart of Saadiyat Cultural District in Abu Dhabi, has opened its doors to the public. The building, which is an expression of sustainability, has been designed by Foster + Partners.
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.
