SPOTLIGHT

Millions of jobs at risk from AI adoption, says UNDP report

Wed, 03 Dec 2025

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).

Read more
TRADE GROWTH PUT AT 2.4 %

Global goods imports hit by tariffs jump 4-fold to $2.6trn

Wed, 03 Dec 2025

Imports worldwide worth $2,640 billion, or 11.1 per cent of total imports, were affected primarily by tariffs along with other trade measures introduced between mid-October 2024 and mid-October 2025 - more than four times the $611 billion coverage recorded in the preceding period, said a Word Trade Organization report.

Read more
MAJOR GROWTH ENGINE

Green economy set to break $7 trillion barrier by 2030, says report

Tue, 02 Dec 2025

With green revenues growing twice as fast as conventional revenues, the global green economy has topped $5 trillion and is set to exceed $7 trillion by 2030, creating an abundance of growth opportunities for businesses worldwide, said a report.

Read more

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.

Read more
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.

Read more

Top This Week

Bahrain reviewing optimal mode of transport for Metro project

Mon, 01 Dec 2025

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.

UAE GCAA confirms compliance of all A320 operators with directive

Mon, 01 Dec 2025

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.

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.

UAE cabinet approves $707m housing package for 2025

Sun, 30 Nov 2025

The UAE cabinet has approved 3,567 housing packages for Emirati citizens worth a total AED2.6 billion ($707 million) during 2025, including 524 presidential grants; 623 government housing as well as 2,388 housing financing decisions.

Network International buys Rakbank’s merchant acquiring business

Sat, 29 Nov 2025

Network International (Network), a leading fintech company with operations across the Middle East and Africa (MEA) region, said it has reached an agreement with leading UAE group Rakbank to buy its merchant acquiring business in the emirates.

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).

UAE real estate market in key Q3 growth momentum

Wed, 03 Dec 2025

The UAE real estate market extends growth momentum in Q3 with Abu Dhabi remaining on a stable long-term growth trajectory supported by rising demand, while Dubai continues to see unprecedented expansion with multiple projects, said a report.

Aramco's Jafurah gas plant begins output

Wed, 03 Dec 2025

The first phase of Aramco's Jafurah gas plant is complete and production has begun with a capacity of 450 million cubic feet per day, the Saudi finance ministry said. Jafurah is potentially the biggest shale gas project outside the US and is expected to reach sustainable production of 2 billion cubic feet per day by 2030.

2026 travellers seek meaningful, personalised journeys: Virtuoso

Wed, 03 Dec 2025

Virtuoso’s 2026 Luxe Report reveals luxury travellers prioritise meaningful, restorative, and personalised experiences. Demand is growing, with high spending anticipated. Trends include avoiding crowds, immersive cultural adventures, slower-paced journeys, ultraluxe all-inclusive stays, and wellness-focused travel across all generations.

DAE signs lease deals with AJet for 10 Boeing 737-8 aircraft

Wed, 03 Dec 2025

Dubai Aerospace Enterprise (DAE) has signed long-term lease agreements with AJet and Turkish Airlines for 10 new Boeing 737-8 aircraft. The aircraft are scheduled to deliver in 2026 and 2027, DAE said.

Millions of jobs at risk from AI adoption, says UNDP report

Wed, 03 Dec 2025

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).

Ellington unveils newest residential project in Jumeirah Islands

Wed, 03 Dec 2025

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.

 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.

Saudi PIF announces sale of strategic stake in Masar

Wed, 03 Dec 2025

Saudi sovereign wealth fund PIF said it has sold out a part of its stake in Umm Al Qura for Development and Construction Company (Masar), through an accelerated bookbuild offering. It comprises 48 million shares, representing 3.3% of Masar’s share capital.

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.

Mubadala, Glenwood Private Equity complete investment in NanoH2O

Wed, 03 Dec 2025

Glenwood Private Equity, a leading Korea-based investment firm, and Mubadala Investment Company, an Abu Dhabi-based global investor, and other co-investors announced the closing of their co-investment in NanoH2O Co (formerly known as LG Water Solutions and a division of LG Chem).

Gulf Construction

Calendar of Events

Weather

Weather Data Source: wetterlang.de