$2.5bn FACILITY IN KEZAD

UAE-based Titan Lithium to supply lithium to Mercedes-Benz

Thu, 22 Jan 2026

Titan Lithium Industries Ltd, the UAE’s flagship lithium refinery, has signed a supply framework agreement with Mercedes-Benz AG to supply battery-grade lithium for the automaker’s global electric-vehicle portfolio.

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10,000 NEW MILLIONAIRES

UAE attracted $45bn FDI in 2025, up 50%

Thu, 22 Jan 2026

The UAE attracted over $45 billion in foreign direct investment last year, up nearly 50% year-on-year, even as global FDI declined by 11%, said a senior official.

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CALL TO INVEST IN SKILLS

AI ‘tsunami’ about to hit jobs, warns IMF chief

Thu, 22 Jan 2026

A tsunami is hitting the labour market as AI is quickly reshaping economies; while some roles grow, others will disappear, warned Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF).

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INSIGHT

Why the US dollar is under pressure in 2026?

Thu, 22 Jan 2026

As we move into early 2026, the US dollar is facing growing challenges. Its recent weakness isn’t just part of a normal economic cycle, but it reflects rising political uncertainty and shifting global confidence in the United States.

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INSIGHT

93% of Gulf CEOs see strong economic growth this year

Tue, 20 Jan 2026

Middle East CEOs remain among the most confident globally, with 88% expecting economic growth to strengthen in their own territories, and this is even higher at 93% across the GCC, compared with just 55% of CEOs globally, according to a PwC report.

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Top This Week

Tata Projects named EPC partner for SAF One Middle east project

Wed, 21 Jan 2026

India's Tata Projects has been selected by SAF One Energy Management as its engineering, procurement and construction partner for a key sustainable aviation fuel project in the Middle East. The scope includes delivery of integrated, scalable project solutions and construction methodologies.

Ras Abu Fontas Power gets $990m Japanese funding for major Qatar project

Wed, 21 Jan 2026

Ras Abu Fontas Power, a Qatari project company backed by Asian industry heavyweights, has entered into an agreement with the Japan Bank for International Cooperation (JBIC) to secure financial facilities worth $990 million for the expansion of its desalination and power plant units.

United Gulf Construction secures $317m Kuwait water project contract

Wed, 21 Jan 2026

Kuwait-based United Gulf Construction Company has secured a major contract worth KD97.4 million ($317 million) from Ministry of Electricity & Water & Renewable Energy for the construction, maintenance and development of key facilities at its Doha Water Distribution Complex.

Era of the ‘linear career’ in finance is over, says new report

Wed, 21 Jan 2026

By 2035 how, when and where finance professionals work, as well as the nature of the work itself, will look very different, says a new survey by ACCA (the Association of Chartered Certified Accountants).

United Solar secures $900m financing for Oman polysilicon facility

Wed, 21 Jan 2026

United Solar Holding today announced that its wholly-owned subsidiary, United Solar Polysilicon (USP), has secured over $900 million to complete financing for its state-of-the-art polysilicon facility in Oman.

AD Ports Group sells warehouse assets to Mair Group

Wed, 21 Jan 2026

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, has announced the sale of KEZAD Logistics Park - KLP Free Zone 3 (FZ3) in Abu Dhabi, a free zone industrial and logistics group of warehouse assets to Mair Group.

QNB Group becomes first bank in MEA region to top $10 billion in brand value

Wed, 21 Jan 2026

QNB Group, the largest financial institution in the Middle East and Africa (MEA), has become the first bank in the region to exceed a banking brand value of $10 billion, a major milestone driven by constant strong financial performance and robust sustained growth.

GA-ASI, Calidus sign deal to produce MQ-9B, combat aircraft in UAE

Wed, 21 Jan 2026

General Atomics Aeronautical Systems (GA-ASI), a world leader in unmanned aircraft systems, and Calidus Aerospace, one of the leading defence and manufacturing companies, have signed an MoU to collaborate on the prospective co-production of MQ-9B Remotely Piloted Aircraft and Gambit Collaborative Combat Aircraft (CCA) in the UAE, as well as command and control and battle management systems.

EDGE defence solutions now used in over 100 countries

Wed, 21 Jan 2026

Defence solutions and products developed by the UAE's EDGE group now reach more than 100 countries worldwide, reflecting growing international confidence in the country's defence industries, said Hamad Al Marar, Managing Director and CEO of EDGE.

SoF breaks ground on $707m RAK waterfront project

Thu, 22 Jan 2026

Source of Fate (SOF), a high-end luxury real estate developer, has started work on its AED2.6 billion ($707 million) luxury waterfront project - Miraggio - located on Al Marjan Island in Ras Al Khaimah, featuring 810 residential units with a mix of studios and one- to three-bedroom apartments as well as premium amenities.

$2.6bn deals signed to develop CCGT projects in Misfah, Duqm

Thu, 22 Jan 2026

Nama Power and Water Procurement signed power purchase agreements with a Nebras-led consortium and a KOWEPO-led consortium for the development of combined cycle gas turbine (CCGT) power generation projects in Misfah and Duqm respectively, with a total investment value of approximately RO 1 billion ($2.6 billion).

Adaptability and attention to detail define private aviation

Thu, 22 Jan 2026

The market for private jet flights is steadily growing – its size is currently estimated at $17.67 billion and is expected to reach $25.79 billion by 2031.

UAE-based Titan Lithium to supply lithium to Mercedes-Benz

Thu, 22 Jan 2026

Titan Lithium Industries Ltd, the UAE’s flagship lithium refinery, has signed a supply framework agreement with Mercedes-Benz AG to supply battery-grade lithium for the automaker’s global electric-vehicle portfolio.

Hybrid microgrids reshaping economics, resilience in modern mining

Thu, 22 Jan 2026

Hybrid power is emerging as one of the fastest environmental, social and governance (ESG) and financing wins in the mining sector. It cuts emissions and costs effectively while mitigating energy security risks, improving an organisation’s bankability and investor appeal.

Saudi Arabia leads new global push to protect coral reefs

Thu, 22 Jan 2026

Saudi Arabia will host the first Global Coral Reef Summit in 2026, bringing together global leaders, scientists, and investors to drive solutions for the protection and recovery of coral reef ecosystems.

AI ‘tsunami’ about to hit jobs, warns IMF chief

Thu, 22 Jan 2026

A tsunami is hitting the labour market as AI is quickly reshaping economies; while some roles grow, others will disappear, warned Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF).

Canon makes two key leadership appointments

Fri, 16 Jan 2026

Canon has made two key leadership appointments covering its EMEA and Central and North Africa regions.

UAE attracted $45bn FDI in 2025, up 50%

Thu, 22 Jan 2026

The UAE attracted over $45 billion in foreign direct investment last year, up nearly 50% year-on-year, even as global FDI declined by 11%, said a senior official.

Network International appoints new Group CFO

Thu, 22 Jan 2026

Network International (Network), a leading fintech company across the Middle East and Africa, has appointed Ashish Jain as its Group Chief Financial Officer (CFO).

UAE-based Titan Lithium to supply lithium to Mercedes-Benz

Thu, 22 Jan 2026

Titan Lithium Industries Ltd, the UAE’s flagship lithium refinery, has signed a supply framework agreement with Mercedes-Benz AG to supply battery-grade lithium for the automaker’s global electric-vehicle portfolio.

Volvo CE announces key changes in executive management team

Wed, 21 Jan 2026

Volvo Construction Equipment (Volvo CE), a global leader in construction solutions, has announced some major changes in its executive management team with Christian Hallbjörner taking over as its Chief Financial Officer (CFO) and Malin Norman as its Head of People & Culture.

Forbes launches new global strategic initiative at Davos 2026

Mon, 19 Jan 2026

Forbes Middle East has announced the launch of a new global strategic initiative at the ongoing World Economic Forum Annual Meeting in Davos 2026. The initiative underscores the region’s growing influence in shaping global economic dialogue and contributing to future-focused international agendas.

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