THIRD PHASE TO MAXIMISE IMPACT

Vision 2030's two phases deliver qualitative leap; Saudi GDP tops $1.3 trillion

Mon, 27 Apr 2026

The first and second phases of Saudi Arabia's Vision 2030 have delivered a qualitative leap in the Kingdom’s development, achieving a comprehensive transformation across economic and social sectors, said His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Council of Economic and Development Affairs.

Read more
OVER 111,000 SHOTFALL SEEN

MENA could face major shortfall in construction professionals: report

Mon, 27 Apr 2026

A significant workforce shortage threatens the MENA region's ability to deliver critical infrastructure projects by 2035, says a new report.

Read more
GINCO, UNEC WIN DEALS

Nakheel awards $953m contracts for 544 villas on Palm Jebel Ali

Mon, 27 Apr 2026

Nakheel, a member of Dubai Holding Real Estate, has awarded contracts worth over AED3.5 billion ($953 million) to Ginco General Contracting and United Engineering Construction (UNEC) for the construction of 544 villas on Palm Jebel Ali, marking a key milestone in the delivery of one of Dubai’s most significant waterfront developments.

Read more

Talks stay stalled as Tehran engages Moscow, Trump hardens stance

Mon, 27 Apr 2026

Diplomatic efforts to end the ongoing US-Iran conflict showed little progress on Monday, as talks remained stalled and Iran’s top diplomat travelled to Russia for high-level consultations, while US President Donald Trump signalled a tougher stance on negotiations.

Read more
INSIGHT

Saudi, UAE firms prioritise AI and supply chain redesign: HSBC Survey

Tue, 14 Apr 2026

Businesses and investors in Saudi Arabia and the UAE are holding firm on their medium-term strategies despite the current situation in the Middle East, supported by intraregional supply chain redesign and increased use of AI, says an HSBC study.

Read more

Top This Week

Tabreed awards EPC contract for key Bahrain district cooling project

Sat, 25 Apr 2026

Tabreed Bahrain, a leading provider of sustainable district cooling solutions in the kingdom, has appointed Arabian International Company as the engineering, procurement and construction (EPC) contractor for the expansion of its chilled water network in the northern seafront area of Manama.

Google plans $40bn investment in AI rival Anthropic, says report

Sat, 25 Apr 2026

Google is planning to invest up to $40 billion in Anthropic, the AI firm confirmed, expanding a long-standing alliance between the two companies. The investment builds on a partnership in which Anthropic will use custom Google chips and cloud computing services to power its technology.

US envoys, Iran foreign minister set for Islamabad talks again

Fri, 24 Apr 2026

Fresh diplomatic momentum is building around possible talks between the United States and Iran, with both sides signalling cautious openness even as they stop short of confirming direct engagement.

Sheikh Mohammed launches 1 Billion Meals Dates Factory

Fri, 24 Apr 2026

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has launched the 1 Billion Meals Dates Factory, with an annual production capacity of 150 million date-based food units.

Aquarabia, Saudi Arabia’s first water theme park, opens in Qiddiya City

Fri, 24 Apr 2026

Aquarabia, Saudi Arabia’s first and largest water theme park, opened to fun-seekers in Qiddiya City on Thursday (April 23).

Formula 1 returns to Türkiye’s Istanbul Park from 2027

Fri, 24 Apr 2026

Formula 1 today announced that the Turkish Grand Prix will return to the FIA Formula One World Championship from 2027, with Istanbul Park confirmed on the calendar through the 2031 season following a new agreement with Türkiye’s Ministry of Youth and Sports.

Etihad strengthens US network as Chicago goes double daily

Fri, 24 Apr 2026

Etihad Airways, the national airline of the UAE, is accelerating its growth in the United States with two major enhancements to its North American network, increasing capacity and connectivity across key markets.

Agreement to advance Amiral project signed, boosting downstream industries

Fri, 24 Apr 2026

Saudi Arabia's Ministry of Investment has signed an investment agreement with SATORP to develop the "Amiral" project, a joint venture between Saudi Aramco and TotalEnergies.

Kuwait opens air space, operations to scale up in phases

Fri, 24 Apr 2026

Kuwait has announced the reopening of airspace at Kuwait International Airport starting from Thursday evening.

Johnson Controls unveils new cooling technology for UAE buildings

Mon, 27 Apr 2026

Johnson Controls, a global technology leader energy efficiency, decarbonisation, thermal management and mission-critical performance, has announced the launch of Balanced Cooling, a purpose-built solution for buildings connected to centralised cooling systems in the UAE.

Welltec extends intervention services to Equinor through multi-year agreement

Mon, 27 Apr 2026

Welltec has agreed a multi-year intervention contract through an alliance partner to support Equinor operations, in an agreement estimated to exceed NOK 1 billion ($108 million) for the fixed period only.

Al-Urumah Season emerges as eco-tourism leader with over 1.7m visitors

Mon, 27 Apr 2026

Al-Urumah Season has cemented its standing as one of Saudi Arabia's most prominent eco-tourism destinations, with visitor numbers exceeding 1.7 million since its launch.

Speedex Tools expands into Abu Dhabi with new store

Mon, 27 Apr 2026

Speedex Tools has officially opened its newest retail destination in Musaffah, Abu Dhabi, marking another milestone in the company’s continued UAE expansion. Spanning over 10,000 sq ft, the branch offers 20,000+ products across 12 categories including power, welding tools and workshop equipment.

Saudi, UAE firms prioritise AI and supply chain redesign: HSBC Survey

Tue, 14 Apr 2026

Businesses and investors in Saudi Arabia and the UAE are holding firm on their medium-term strategies despite the current situation in the Middle East, supported by intraregional supply chain redesign and increased use of AI, says an HSBC study.

Vision Hospitality unveils multi-concept destination in Abu Dhabi

Thu, 23 Apr 2026

Vision Hospitality will launch a 45,000 sq ft multi-concept dining and entertainment destination at Reem Mall, Abu Dhabi, featuring McGettigan’s and a live sports Fan Zone, marking a major regional expansion.

Ewec renews clean energy partnership with Mediclinic Middle East

Mon, 27 Apr 2026

Emirates Water and Electricity Company (Ewec) has announced the extension of its clean energy partnership with Mediclinic, the first healthcare institution in Abu Dhabi to decarbonise their operations. The deal ensures all Mediclinic’s hospitals will be powered by clean electricity, verified using CECs issued by Abu Dhabi.

Qatar Academy - Sidra project on track for H2 completion

Thu, 23 Apr 2026

Qatar's Public Works Authority (Ashghal) has announced that over 90% work is now complete at Sidra - Education City project and is on track for opening by year-end. Spanning 74,000 sq m, the key educational facility features a main two-storey building with classrooms and multi-purpose halls.

Strong demand drives Dubai's retail, warehouse growth in 2025, says report

Tue, 14 Apr 2026

Dubai’s retail and warehouse sectors demonstrated resilience and growth in 2025, backed by strong fundamentals including record tourism, population boom and e-commerce activity. Both sectors, however, faced tightening supply conditions that shaped market dynamics throughout the year, said a report.

Vision 2030's two phases deliver qualitative leap; Saudi GDP tops $1.3 trillion

Mon, 27 Apr 2026

The first and second phases of Saudi Arabia's Vision 2030 have delivered a qualitative leap in the Kingdom’s development, achieving a comprehensive transformation across economic and social sectors, said His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Council of Economic and Development Affairs.

Lenovo appoints new VP & GM to lead expansion in Saudi Arabia

Mon, 27 Apr 2026

Lenovo has appointed Salman Abdulghani Faqeeh as Vice President & General Manager, Saudi Arabia, reinforcing the company’s long term commitment to the kingdom as a strategic priority market and regional technology hub.

BlueFive Capital acquires strategic Porsche stake in iconic JV Bugatti Rimac

Sat, 25 Apr 2026

BlueFive Capital, a global investment platform based in Abu Dhabi, has announced that its consortium has entered into a deal with luxury auto brand Porsche to acquire its entire stake in Bugatti Rimac, a joint venture set up in 2021 to serve as home to the iconic Bugatti brand.

RIyadh to host WWE Night of Champions in June

Thu, 23 Apr 2026

Saudi Arabia's General Entertainment Authority and Riyadh Season, under the leadership of Turki Alalshikh, in cooperation with WWE, today announced that Night of Champions will return to Kingdom Arena in Riyadh on Saturday, June 27, 2026.

Talks stay stalled as Tehran engages Moscow, Trump hardens stance

Mon, 27 Apr 2026

Diplomatic efforts to end the ongoing US-Iran conflict showed little progress on Monday, as talks remained stalled and Iran’s top diplomat travelled to Russia for high-level consultations, while US President Donald Trump signalled a tougher stance on negotiations.

Gulf Construction

Calendar of Events

Weather

Weather Data Source: wetterlang.de