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.

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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.

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UTILITIES, INFRASTRUCTURE WORK

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.

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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.

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ANALYSIS

'Scrappier AI’ is a welcome trend: deVere CEO

Tue, 25 Nov 2025

The AI sector is in a volatile stage as investors “abandon the idea that one unified mentality can carry every company involved in advanced computing”, says Nigel Green, the CEO of deVere Group, one of the world’s largest independent financial advisory organisations.

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Top This Week

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).

ABB opens AI and digital solutions training centre in UAE

Thu, 27 Nov 2025

ABB opened a $2-million training and customer experience facility in the UAE to develop digital and engineering skills for industrial, power and utility applications across the Middle East.

Bahrain inks deal to extend PPA for 950MW power plant

Thu, 27 Nov 2025

Bahrain's Electricity and Water Authority (EWA) has signed an agreement to extend the power purchase agreement (PPA) with Al Ezzel Power Company, one of Bahrain’s independent power producers, for its key 950MW power plant in the Hidd region.

Daikin to open a new manufacturing facility in Jeddah

Thu, 27 Nov 2025

Daikin a leading manufacturer of Heating, Ventilation, Air Conditioning & Refrigeration (HVAC-R) solutions, has started building a new manufacturing facility in Jeddah, with support of their long-term partner and Chairman of Daikin Saudi Arabia, Tariq Almutlaq.

Mirage named project management consultant for RAK mixed-use project

Tue, 02 Dec 2025

Mirage, a leading multidisciplinary engineering group, has been appointed as the project management consultant for Janu Hotel & Branded Residences on Al Marjan Island in Ras Al Khaimah. It comprises a 132-key upscale hotel, five premium villas and 73 residential units.

Mirage named project management consultant for RAK mixed-use project

Tue, 02 Dec 2025

Mirage, a leading multidisciplinary engineering group, has been appointed as the project management consultant for Janu Hotel & Branded Residences on Al Marjan Island in Ras Al Khaimah. It comprises a 132-key upscale hotel, five premium villas and 73 residential units.

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.

 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.

Elie Saab Maison seals partnership with luxury interiors group Aati

Sun, 30 Nov 2025

Global iconic fashion brand Elie Saab Maison and Aati, a part of Al Tayer Insignia and a leading name in luxury interiors, have announced their new partnership marked by the opening of dedicated Elie Saab Maison showroom spaces in Dubai.

 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.

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.

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.

9 startups selected for Sanabil Accelerator by 500 Global programme

Tue, 02 Dec 2025

500 Global, a multi-stage venture capital firm, and Sanabil Investments, a wholly owned company of the Public Investment Fund (PIF), announced the tenth batch of the Sanabil Accelerator by 500 Global.

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