The Kingdom of Saudi Arabia is projected to generate SAR1.15 trillion ($310 billion) in revenue in 2026, up 5.1% over the 2025 estimate, underscoring the gains from the country’s ongoing economic diversification agenda, said a report.
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Saudi Ministry of Sports has invited bids from top contractors to carry out construction works for the King Salman Stadium project in Riyadh. One of the world's largest sports venues, it will boast a seating capacity of over 92,000 along with key amenities.
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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).
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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.
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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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The UAE's hospitality sector continued its strong upward trajectory in the first nine months of 2025, with hotels welcoming 23.27 million guests – up 4.9 percent compared to the same period in 2024 - resulting in more than 79.3 million hotel room nights booked, said Abdulla bin Touq Al Marri, Minister of Economy and Tourism.
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.
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.
Acwa Power, the world's largest private water desalination company, has announced that it has, along with its partners Badeel and Saudi Aramco Power Company (Sapco), achieved a $8.2 billion financial close for 15GW renewable energy projects in Saudi Arabia.
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.
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 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.
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 (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.
Foster + Partners, a British international architecture firm, has announced that it has signed a non-binding agreement with Saudi sovereign wealth fund PIF to explore potential collaboration opportunities in the Saudi market.
Abdul Latif Jameel Motors has signed an MoU with France’s EODev and UAE-based Octopian to advance hydrogen-powered generator solutions in Saudi Arabia, supporting zero-emission energy adoption in the Kingdom.
Zayed National Museum, an architectural landmark located in the heart of Saadiyat Cultural District in Abu Dhabi, has opened its doors to the public. The building, which is an expression of sustainability, has been designed by Foster + Partners.
The Kingdom of Saudi Arabia is projected to generate SAR1.15 trillion ($310 billion) in revenue in 2026, up 5.1% over the 2025 estimate, underscoring the gains from the country’s ongoing economic diversification agenda, said a report.
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).
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.
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.
Global automation major ABB has signed an agreement with Saudi Arabia's National Industrial Development Center (NIDC) to set up an academy to focus on developing local talent and improving the skills of the kingdom’s future workforce.
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.
The Kingdom of Saudi Arabia is projected to generate SAR1.15 trillion ($310 billion) in revenue in 2026, up 5.1% over the 2025 estimate, underscoring the gains from the country’s ongoing economic diversification agenda, said a report.
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.
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.
Zayed National Museum, an architectural landmark located in the heart of Saadiyat Cultural District in Abu Dhabi, has opened its doors to the public. The building, which is an expression of sustainability, has been designed by Foster + Partners.
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).
