Source of Fate (SOF), a high-end luxury real estate developer, has started work on its AED2.6 billion ($707 million) luxury waterfront project - Miraggio - located on Al Marjan Island in Ras Al Khaimah, featuring 810 residential units with a mix of studios and one- to three-bedroom apartments as well as premium amenities.
Nama Power and Water Procurement signed power purchase agreements with a Nebras-led consortium and a KOWEPO-led consortium for the development of combined cycle gas turbine (CCGT) power generation projects in Misfah and Duqm respectively, with a total investment value of approximately RO 1 billion ($2.6 billion).
The market for private jet flights is steadily growing – its size is currently estimated at $17.67 billion and is expected to reach $25.79 billion by 2031.
Titan Lithium Industries Ltd, the UAE’s flagship lithium refinery, has signed a supply framework agreement with Mercedes-Benz AG to supply battery-grade lithium for the automaker’s global electric-vehicle portfolio.
Hybrid power is emerging as one of the fastest environmental, social and governance (ESG) and financing wins in the mining sector. It cuts emissions and costs effectively while mitigating energy security risks, improving an organisation’s bankability and investor appeal.
The market for private jet flights is steadily growing – its size is currently estimated at $17.67 billion and is expected to reach $25.79 billion by 2031.
Saudi Arabia will host the first Global Coral Reef Summit in 2026, bringing together global leaders, scientists, and investors to drive solutions for the protection and recovery of coral reef ecosystems.
A tsunami is hitting the labour market as AI is quickly reshaping economies; while some roles grow, others will disappear, warned Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF).
Canon has made two key leadership appointments covering its EMEA and Central and North Africa regions.
The UAE attracted over $45 billion in foreign direct investment last year, up nearly 50% year-on-year, even as global FDI declined by 11%, said a senior official.
Network International (Network), a leading fintech company across the Middle East and Africa, has appointed Ashish Jain as its Group Chief Financial Officer (CFO).
Titan Lithium Industries Ltd, the UAE’s flagship lithium refinery, has signed a supply framework agreement with Mercedes-Benz AG to supply battery-grade lithium for the automaker’s global electric-vehicle portfolio.
Volvo Construction Equipment (Volvo CE), a global leader in construction solutions, has announced some major changes in its executive management team with Christian Hallbjörner taking over as its Chief Financial Officer (CFO) and Malin Norman as its Head of People & Culture.
Forbes Middle East has announced the launch of a new global strategic initiative at the ongoing World Economic Forum Annual Meeting in Davos 2026. The initiative underscores the region’s growing influence in shaping global economic dialogue and contributing to future-focused international agendas.