JUMERIAH AREA FIRST LOCATION

Uber, Baidu to launch driverless ride-hailing service in Dubai next month

Wed, 11 Feb 2026

Baidu and Uber Technologies will roll out the Apollo Go autonomous ride-hailing service in Dubai as early as next month, as part of their partnership with Dubai’s Roads and Transport Authority (RTA).

Read more
PROJECT TO DRAW 330,000 VISITORS

An oasis in Dubai desert: New environmental and recreational destination launched

Tue, 10 Feb 2026

Dubai will launch the Al Layan Oasis development project, a new environmental and recreational destination in the emirate, following its approval by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.

Read more
EMERGING MARKETS DRIVE GROWTH

$15 trillion infrastructure gap to boost role of PPPs, says report

Tue, 10 Feb 2026

Global infrastructure faces a $15 trillion financing shortfall by 2040, driving increased reliance on public-private partnerships to fund projects ranging from energy transition to digital connectivity, as fiscal space tightens and investment needs rise, said a new report.

Read more
ANALYSIS

AI ambition stays in pilot stage in most financial services firms: study

Wed, 04 Feb 2026

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
INSIGHT

Global M&A poised to sustain momentum, finds Bain & Company

Tue, 03 Feb 2026

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

Top This Week

ROSHN, Agility unit in deal to develop Grade A logistics park facility

Mon, 09 Feb 2026

ROSHN Group, Saudi Arabia's leading multi-asset class real estate developer powered by sovereign wealth fund PIF, has signed the Heads of Terms to form a joint venture with Agility Logistics Parks to develop a Grade A facility over a 1 million sq m area in the kingdom.

Saudi tourism aims to double GDP contribution to $160 billion

Mon, 09 Feb 2026

Saudi Tourism Minister Ahmed Al-Khateeb said the sector aims to double its contribution to the kingdom's GDP from SAR300 billion ($80 billion) to SAR600 billion ($160 billion), while continuing to create jobs as the private sector recruits national talent.

Lockheed Martin, Pioneers to build Saudi Arabia’s first IAMD ground depot

Mon, 09 Feb 2026

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.

Bahri delivers record $2.4bn net profit for 2025; revenue hits $10.3bn

Mon, 09 Feb 2026

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.

SAMI launches new units at World Defense Show

Mon, 09 Feb 2026

Saudi Arabian Military Industries (SAMI) Group launched several new key units at the World Defense Show, which opened in Riyadh on Monday.

Dar Global unveils 120-key Nickelodeon luxury resorts in Oman

Mon, 09 Feb 2026

Dar Global, the London-listed luxury real estate developer, has unveiled its ambitious project - Nickelodeon Hotels & Resorts - at its AIDA project in Oman. Perched 130m above sea-level, it will offer 120 keys featuring furnished, themed luxury suites and family-first rooms with other key amenities.

Who are the top tech leaders of MENA? Forbes reveals list

Mon, 09 Feb 2026

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.

PureHealth revenue hits $7.43bn, net profit $544m

Mon, 09 Feb 2026

PureHealth Holding reported a revenue of AED27.3 billion ($7.43 billion) in FY2025, up 5.7 percent year-on-year, supported by strong performances across its Healthcare (Care) and Insurance (Cover) verticals.

Saudi Arabia, Airbus plan aviation industrial base in kingdom

Mon, 09 Feb 2026

Saudi Arabia's National Industrial Development Center has signed a cooperation memorandum with European aerospace corporation Airbus to explore opportunities for developing and localising the aviation and helicopter industry in Saudi Arabia.

Dewa delivers record $8.9bn revenue for 2025; net profit hits $2.5bn

Tue, 10 Feb 2026

Dubai Electricity and Water Authority (Dewa) has announced that it has delivered the strongest financial and operational performance in its history for the full year 2025, recording a net profit after tax of AED9.1 billion ($2.5 billion) and a consolidated revenue of AED32.84 billion ($8.9 billion).

Dewa delivers record $8.9bn revenue for 2025; net profit hits $2.5bn

Tue, 10 Feb 2026

Dubai Electricity and Water Authority (Dewa) has announced that it has delivered the strongest financial and operational performance in its history for the full year 2025, recording a net profit after tax of AED9.1 billion ($2.5 billion) and a consolidated revenue of AED32.84 billion ($8.9 billion).

An oasis in Dubai desert: New environmental and recreational destination launched

Tue, 10 Feb 2026

Dubai will launch the Al Layan Oasis development project, a new environmental and recreational destination in the emirate, following its approval by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.

WAM Saudi to cement global advanced manufacturing hub status

Tue, 10 Feb 2026

Global technology leaders from over 20 countries will be at the World Advanced Manufacturing & Logistics (WAM) 2026 to explore and understand the technologies powering the Saudi industrial transformation, especially in advanced manufacturing, AI, smart logistics, materials innovation and GenNext mobility.

Mideast private market AUM set to double by 2030

Tue, 10 Feb 2026

With continued policy evolution, deepening financial services ecosystems and expanding pools of investable capital, the Middle East’s private market AUM is forecast to double within the next five years, according to a new report.

Bahrain Family Leisure Company signs deal to acquire DGC’s Truffle Hospitality

Tue, 10 Feb 2026

Dividend Gate Capital (DGC) and Bahrain Family Leisure Company (BFLC) have signed a definitive agreement for BFLC’s share-swap acquisition of Truffle Hospitality Holding, the food and beverage subsidiary of DGC.

AAW opens new-look Nolte Express Kitchen showroom in Kuwait

Mon, 09 Feb 2026

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.

Bahrain Family Leisure Company signs deal to acquire DGC’s Truffle Hospitality

Tue, 10 Feb 2026

Dividend Gate Capital (DGC) and Bahrain Family Leisure Company (BFLC) have signed a definitive agreement for BFLC’s share-swap acquisition of Truffle Hospitality Holding, the food and beverage subsidiary of DGC.

WAM Saudi to cement global advanced manufacturing hub status

Tue, 10 Feb 2026

Global technology leaders from over 20 countries will be at the World Advanced Manufacturing & Logistics (WAM) 2026 to explore and understand the technologies powering the Saudi industrial transformation, especially in advanced manufacturing, AI, smart logistics, materials innovation and GenNext mobility.

Uber, Baidu to launch driverless ride-hailing service in Dubai next month

Wed, 11 Feb 2026

Baidu and Uber Technologies will roll out the Apollo Go autonomous ride-hailing service in Dubai as early as next month, as part of their partnership with Dubai’s Roads and Transport Authority (RTA).

Egis completes key consultancy role in Abu Dhabi Natural History Museum

Mon, 09 Feb 2026

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.

EU may ease travel visas for certain professionals

Fri, 06 Feb 2026

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.

Gulf Construction

Calendar of Events

Weather

Weather Data Source: wetterlang.de