Lockheed Martin and Saudi-based technology leader Pioneers Technical Systems Co (PTS) have announced a strategic partnership to establish the Saudi Arabia’s inaugural PAC-3 ground depot. The facility will provide testing, repair and certification of PAC-3 launcher components for the Royal Saudi Air Defense Forces’ PATRIOT missile defence system.
Read more
Leading Saudi shipping and logistics company Bahri has announced a record net profit of $2.43 billion and revenue of $10.35 billion for FY 2025, supported by a strong performance in the second half as well as fleet expansion and disciplined operational execution.
Read more
ADNOC Gas and its subsidiaries today announced a record net income of $5.2 billion, a 3% increase compared to 2024, demonstrating structurally resilient earnings and an ability to perform consistently through commodity cycles.
Read more
Only 12% of financial services organisations have AI projects fully deployed enterprise-wide, and a substantial 62% still remain in pilot or development stages, says a new study.
Read more
Global M&A (mergers and acquisitions) is positioned to continue momentum in 2026 after rising 40% to $4.9 trillion in 2025, the second-highest deal value on record, according to Bain & Company in its annual Global M&A Report 2026, published today.
Read more
Talgo, a leading Spanish company specialising in the design and manufacture of high-speed lightweight trains, has secured a new order worth €1.3 billion ($1.53 billion) from the Saudi Arabia Railways for supply of 20 high-speed trains. This comes after Talgo's successful delivery of 35 trains to SAR in 2018.
Oman Tourism Development Company (Omran Group) has invited expressions of interest (EoIs) from leading contractors to provide design and construction services for its premium 3.4-sq-km sustainable eco-tourism destination - Ras Al Shajar - in the sultanate's Qurayat region.
Lesha Capital, the Saudi-based subsidiary of leading Qatari shari’a-compliant investment bank Lesha, said it has obtained the licence from the kingdom's Capital Market Authority to fully operate as a regulated investment firm, in a major milestone in its regional expansion strategy.
Bahrain International Airport (BIA) has recorded its strongest annual performance on record in 2025, supported by increased passenger traffic which surged 4.2% year on year to hit 9.74 million, while its cargo volumes soared to 405,217 tonnes, up 3.2% over the previous year.
Japanese trading house Mitsui & Co is close to buying a strategic stake in the second phase of QatarEnergy's massive $17.5 billion North Field project as it seeks to secure stable liquefied natural gas (LNG) supply, said report, citing sources.
Algeria has initiated the necessary procedures for the termination of the air services agreement between Algeria and the United Arab Emirates, an Algerian News Agency report said.
Saudi Arabia-based flynas has signed an agreement with the Syrian General Authority of Civil Aviation and Air Transport to establish a new commercial airline under the name flynas Syria. Operations are scheduled to begin in the fourth quarter of 2026.
Leading Saudi companies and Syrian government entities signed a series of agreements covering aviation, communications, infrastructure, and development initiatives, during an official visit of a high-level Saudi delegation from the public and private sectors to Damascus.
Bahrain and France have signed a bilateral agreement on defence which includes strategic information sharing, thus opening up new opportunities for industrial co-operation in defence and strengthening solidarity between the two countries amid growing regional geopolitical tensions.
UAE-based Danube Properties has announced the launch of its premium residential development - Serenz by Danube - in the heart of Jumeirah Village Circle (JVC). Spanning over 120,000 sq ft, it offers a blend of luxury, wellness and community-focused living with key amenities.
Cemvita and Radix announced progress in front-end engineering for a circular bio-oil project in Brazil, focused on converting crude glycerin, a biodiesel byproduct, into ultra-low carbon intensity bio-oil used as a feedstock to produce sustainable aviation fuel (SAF) and other advanced biofuels.
The UAE’s hospitality sector ended 2025 on a high note delivering outstanding results, buoyed by strong tourism inflows across all major markets, said an industry expert. Dubai welcomed 17.5 million international visitors in the first 11 months, while Abu Dhabi and Ras Al Khaimah also recorded year‑on‑year growth in visitation.
Apple is gearing up for the release of the developer beta of its redesigned voice assistant, internally dubbed 'Siri 2.0,' as part of the upcoming iOS 26.4 update. The new version is powered by Apple Foundation Model (AFM) v10, a 1.2 trillion parameter system developed in a landmark partnership with Google.
World Health Expo (WHX) and World Health Expo Labs (WHX Labs) mark a decisive reinvention of what was once the Middle East’s most influential healthcare trade show. Formerly known as Arab Health, the platform has long been a cornerstone of regional healthcare commerce.
Abu Dhabi-based Nord Real Estate Development has announced the launch of its mixed-use development, Novayas, in the heart of Yas Island. Designed as a refined urban sanctuary with a dedicated retail space, it features 96 apartments with a mix of studios and one- to three-bedroom units.
Safanad, a principal-led investment company with a major presence in US and Saudi Arabia, said it has completed the sale of HC-One, the largest care home provider in UK featuring nearly 300 homes, to a leading healthcare real estate investment trust (REIT) for over $1.6 billion.
Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) in Abu Dhabi has entered a new chapter in its mission to shape the future of technology and society with the official launch of The Academy.
Ali Abdulwahab Al Mutawa (AAW), the exclusive distributor of Nolte Kitchen in Kuwait, has relaunched its Express Kitchen showroom, thus introducing the brand’s new visual identity in the country. The renovated space features the German brand's latest innovative kitchen solutions.
Safanad, a principal-led investment company with a major presence in US and Saudi Arabia, said it has completed the sale of HC-One, the largest care home provider in UK featuring nearly 300 homes, to a leading healthcare real estate investment trust (REIT) for over $1.6 billion.
Apple is gearing up for the release of the developer beta of its redesigned voice assistant, internally dubbed 'Siri 2.0,' as part of the upcoming iOS 26.4 update. The new version is powered by Apple Foundation Model (AFM) v10, a 1.2 trillion parameter system developed in a landmark partnership with Google.
AGMC, the official importer of BMW Group vehicles in Dubai, Sharjah and the Northern Emirates, has broken ground on its new 2,500-sq-m multi-brand showroom facility at Ras Al Khor, one of Dubai’s most established automotive and logistics districts.
Egis has announced that it had played a major role as lead design consultant and construction supervisor for the Natural History Museum Abu Dhabi, one of the most technically complex cultural institutions in the Middle East, which officially opened its doors late last year.
The European Commission has announced it will look into allowing certain non-EU professionals to stay in the EU beyond the current 90/180-day rule, as part of a future overhaul of its visa system, a report said.
