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.
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Talgo, a leading Spanish company in the design, manufacture, and maintenance of high-speed lightweight rail vehicles, has been awarded a contract to manufacture and maintain 20 new high-speed trains for Saudi Arabia Railways (SAR).
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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.
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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.
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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.
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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.
Saudi Arabia Railways (SAR) has achieved record-breaking operational milestones in 2025, transporting over 14 million passengers and 30 million tonnes of freight, underscoring its pivotal role in supporting the National Transport and Logistics Strategy and Saudi Vision 2030 by providing a safe, sustainable, and efficient rail network.
Indian infrastructure group Ashoka Buildcon said its joint venture with Saudi-based BEC Arabia Contracting has secured the main construction works contract for a hotel project within Saudi Arabia's giga development - Diriyah, The City of Earth, coming up near Riyadh.
Leading Abu Dhabi developer Aldar and Dubai Holding have expanded their landmark joint venture, adding two strategic land plots in Dubai that will deliver almost 14,000 new homes with a combined gross development value (GDV) of more than AED38 billion ($10.3 billion).
Japan’s Mitsui & Co is close to acquiring a stake in the second phase of QatarEnergy’s giant North Field liquefied natural gas (LNG) expansion, as it seeks to secure stable long-term gas supplies, Reuters reported, citing sources familiar with the matter.
A new residential concept designed to ‘reimagine’ how people live has been launched by Oliver Ripley, the entrepreneur behind Habitas—the award-winning hospitality brand known for pioneering experiential and community-driven travel.
Hitachi Energy has inaugurated a new office in Cairo. Designed to enhance collaboration and efficiency, the facility brings all Egypt-based employees together, enabling closer coordination across teams and stronger engagement with customers and partners.
The Gulf Aviation Academy closed 2025 with strong growth, training over 4,000 aviation professionals worldwide, a 15% year-on-year increase. During the year, GAA delivered more than 300 specialised courses across operational, technical and regulatory aviation disciplines.
Ashmore Investment Saudi Arabia, has signed the first investment under its Industrial Initiative, with the acquisition of a minority stake through a primary capital increase in Pharco KSA, the Saudi subsidiary of Pharco Pharmaceuticals.
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.
Aroya Cruises, a subsidiary of PIF-owned Cruise Saudi, has officially launched its inaugural season in the Arabian Gulf. Running from February 21 to May 8, the season marks a milestone in regional tourism by blending authentic Saudi hospitality with global maritime standards.
Healthcare leaders highlighted prevention, AI, and strong governance must underpin the next phase of global health systems at the WHX Leaders summit in Dubai.
Talaat Moustafa Group (TMG), a leading real estate and tourism development company, and Egypt Education Platform (EEP), a leading education service provider in Egypt, have formed an alliance to establish a flagship private university within Noor City, one of TMG’s fully integrated master developments located East of Cairo.
LG Electronics (LG) will unveil its latest innovations in medical imaging, including a revolutionary diagnostic monitor and an advanced 3D surgical display, at the World Health Expo (WHX) 2026 in Dubai.
The She Investment Summit 2026 was held in Dubai, convening senior leaders, investors, and policymakers to examine how gender intelligence is increasingly shaping economic performance across priority sectors.
The UAE has emerged as the region’s undisputed tech leadership hub, topping Forbes Middle East’s inaugural Top Tech Leaders 2026 ranking, which highlights the executives shaping the Middle East and North Africa’s digital transformation.
The Integrated Transport Centre (ITC), an affiliate of the Department of Municipalities and Transport in Abu Dhabi, has announced the expansion of its “Robotaxi” services to include new areas across the emirate.
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.
