GCC has an opportunity to emerge as a major destination for climate-aligned FDI with the region offering the lowest production cost for solar energy in the world. Six of the ten lowest-cost solar projects globally being based in the GCC, says a report.
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Aramco, one of the world’s leading integrated energy and chemicals companies, has successfully completed a $3 billion international Sukuk issuance across two tranches.
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With the right enabling policies, Artificial intelligence (AI) could boost the value of cross-border flows of goods and services by nearly 40% by 2040 thanks to productivity gains and lower trade costs, says the 2025 edition of the World Trade Report.
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The US central bank - Federal Reserve - cut its key interest rate by 0.25 percentage points yesterday, the first cut this year.
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While the focus of sports clubs has historically centered on traditional income streams such as broadcast rights, there exist high growth opportunities that can help clubs diversify income and build commercial resilience, says a report.
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Binance, a leading cryptocurrency exchange, and Franklin Templeton, a global investment leader with $1.6 trillion in assets under management, announced a collaboration to build digital asset initiatives and solutions tailored for a range of investors.
India’s Rana Group has launched Erisha Smart Manufacturing Hub that will see the development of 150 large industries at Al Ghail Industrial Area in Ras Al Khaimah in the next five years.
Kuwait's government on Sunday invited local and international companies to take the first step in bidding for contracts as part of its plans to develop three new cities to help tackle a shortage of housing in the country.
The Middle East Oil, Gas and Geosciences Show (MEOS GEO) kicks off today (September 16) in Bahrain, bringing together energy leaders, innovators, and geoscientists to promote progress, sustainability, and resilience in upstream operations.
Qatar Free Zones Authority (QFZ) and FedEx Logistics, a subsidiary of FedEx Corporation, have officially opened a new regional logistics facility at Ras Bufontas Free Zone.
Al-Futtaim, a regional retail powrhouse, has acquired a 49.95% stake in Cenomi Retail, a leading retail brand in Saudi Arabia, for a total consideration of SAR2.52 billion ($686 million), at SAR44 per share.
Sharjah recorded 74 foreign direct investment (FDI) projects in the first half of this year, a 57% surge from the 47 projects in the same period last year, the Sharjah FDI Office (Invest in Sharjah) has announced.
The transformative impact of digital innovation, led by breakthroughs in Artificial Intelligence (AI), is driving rapid changes in the energy sector, a senior Aramco official said urging the sector to seize the opportunity to stay ahead.
Red Sea Global (RSG), the developer behind regenerative tourism destinations The Red Sea and AMAALA, has announced that the first resorts and attractions on Shura Island will begin opening to guests in the coming weeks.
ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, has launched sales for the fifth phase of SEDRA, which will bring more than 2,000 homes to ROSHN Group’s flagship community in Riyadh.
The International Energy Agency (IEA) reports that electricity consumption in the Middle East and North Africa has surged in recent decades, with various sources expected to meet the growing demand as countries diversify their power supplies.
Etihad Airways, the national airline of the UAE, continues expanding its global network with the announcement of a new destination in the Middle East, Damascus, Syria from June 2026.
The Maritime Standard (TMS), the premier awards event for the maritime and shipping industry across the Middle East region and the Indian Subcontinent, has announced the finalists for the Maritime Standard Awards 2025 edition in 25 categories.
The US central bank - Federal Reserve - cut its key interest rate by 0.25 percentage points yesterday, the first cut this year.
Leading international art advisory, Beaumont Nathan, has announced its expansion with two significant appointments and an extension of its services to provide long-term, trusted, transparent support to families.
Jamjoom Pharmaceuticals Factory Company (Jamjoom Pharma) has signed a strategic commercialisation agreement with Bio-Thera Solutions for the exclusive rights to commercialise a proposed biosimilar to Cosentyx (secukinumab) across the Mena region.
EmpowerME has equipped more than 86,000 young people across MENA and Türkiye with practical skills for work and entrepreneurship in its first year, pairing intensive, mentor‑led learning with ambassador‑led local trainings, the group has said.
Al-Futtaim, a regional retail powrhouse, has acquired a 49.95% stake in Cenomi Retail, a leading retail brand in Saudi Arabia, for a total consideration of SAR2.52 billion ($686 million), at SAR44 per share.
GCC has an opportunity to emerge as a major destination for climate-aligned FDI with the region offering the lowest production cost for solar energy in the world. Six of the ten lowest-cost solar projects globally being based in the GCC, says a report.
Batelco by Beyon has announced the launch of Eco-SIM cards made from 100% recycled plastic, becoming the first operator in the Kingdom of Bahrain to introduce this environmentally friendly innovation.
Rolls-Royce Motor Cars Abu Dhabi and Private Office Dubai have unveiled the Cullinan Cosmos: a one-of-one commission inspired by space.
Creators HQ, the first content creator hub in the UAE and the Middle East and part of Visioneers, announced its collaboration with YouTube to launch the first YouTube Academy in the Middle East & North Africa.
The Bahrain Chapter of Entrepreneurs’ Organization (EO), a global network of influential business leaders, currently comprises 37 Bahraini entrepreneurs whose companies collectively represent an investment volume of $120 million, it was revealed.
