DIVERSIFYING FUNDING

Saudi NDMC arranges $13bn loan for utilities projects

Thu, 01 Jan 2026

Saudi Arabia's National Debt Management Center (NDMC) has announced the successful arrangement of a seven-year syndicated loan amounting to $13 billion, aimed at supporting power, water, and public utilities projects.

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RAK CREATES RECORD

Spectacular shows, celebrations mark dawn of 2026

Thu, 01 Jan 2026

As the world welcomed the dawn of 2026, celebrations unfolded across regions and time zones, uniting cities in a shared moment of renewal.

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50km INFRASTRUCTURE NETWORK

Nesma lands Expo 2030 Riyadh main utilities, civil works package

Wed, 31 Dec 2025

Nesma and Partners, a leading provider of integrated project solutions, has secured the main utilities and civil works package for Expo 2030 Riyadh. The scope of work includes construction of roads within the Expo site and installation of essential utilities.

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ANALYSIS

Investing in 2026 will reward judgment, not comfort: deVere CEO

Tue, 30 Dec 2025

Investors are likely to face a more demanding but opportunity-rich market in 2026 as they look to the year ahead to build and safeguard wealth, affirms the CEO of one of the world’s largest independent financial advisory organisations.

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INSIGHT

AI, policy divergence to shape global investment outlook in 2026

Tue, 30 Dec 2025

Rapid advances in artificial intelligence, shifting geopolitical dynamics and diverging monetary policy paths are reshaping the investment landscape as investors look ahead to 2026, according to a new Market GPS Investment Outlook from Janus Henderson Investors.

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Top This Week

Natural gas accounts for 70% of Mubadala Energy production portfolio

Wed, 31 Dec 2025

Natural gas accounts for about 70 percent of Mubadala Energy’s production portfolio, the company’s Chief Operating Officer Adnan Bu Fateem said, describing 2025 as a "pivotal" year for the company’s international expansion.

Qatari Diar awards construction package for New Cairo CityGate project

Tue, 30 Dec 2025

Qatari Diar Egypt has announced that it has awarded one of the main construction packages for its premium CityGate New Cairo project to Egyptian builder Concrete Plus. The scope of work includes construction of 300 residential units in addition to infrastructure works.

Six Flags Qiddiya City opens

Tue, 30 Dec 2025

Six Flags Qiddiya City, a major new entertainment destination in Saudi Arabia, was officially opened on Monday evening under the patronage of Governor of Riyadh Region Prince Faisal bin Bandar bin Abdulaziz.

Mawani, Arabian Chemical Terminals in deal to set up storage tanks at Jubail port

Tue, 30 Dec 2025

The Saudi Ports Authority (Mawani) has signed a contract with Arabian Chemical Terminals to establish storage tanks for chemical and petrochemical materials at Jubail Commercial Port, with an investment exceeding SAR500 million on an area of 49,000 sq m.

Bahrain revises fuel prices

Tue, 30 Dec 2025

The committee responsible for setting and monitoring petroleum product prices in Bahrain has set new fuel prices in the kingdom.

Central Bank of Egypt, Afreximbank aim to set up Gold Bank

Tue, 30 Dec 2025

The Central Bank of Egypt (CBE) and African Export – Import Bank (Afreximbank) have signed a memorandum of understanding (MoU) for the establishment of a pan African Gold Bank.

SWPC announces $684m financial close for Ras Mohaisen water project

Tue, 30 Dec 2025

Saudi Water Partnership Company (SWPC) has announced the financial close of Ras Mohaisen water desalination project in Makkah region with a total investment value of SAR2.57 billion ($684 million). Once operational, it will boast a 300,000 cu m/day production capacity.

Riyadh announces $2bn main ring road axes development programme

Tue, 30 Dec 2025

The Royal Commission for Riyadh City (RCRC) has ‎announced Package 3 of the Riyadh Main and Ring Road Axes ‎Development Programme, comprising six major projects with a total ‎budget of over SAR8 billion ($2 billion). This package is scheduled for completion within 4 years.

Saudi unemployment rate drops to 7.5%

Tue, 30 Dec 2025

Saudi Arabia has seen a year-on-year decline in the unemployment rate, which reached 7.5% among Saudis in the third quarter of 2025, down 0.3 percentage points compared with the same period in 2024, said a General Authority for Statistics (GASTAT) report.

Saudi NDMC arranges $13bn loan for utilities projects

Thu, 01 Jan 2026

Saudi Arabia's National Debt Management Center (NDMC) has announced the successful arrangement of a seven-year syndicated loan amounting to $13 billion, aimed at supporting power, water, and public utilities projects.

Saipem snaps up $600m Saudi Aramco offshore contracts

Wed, 31 Dec 2025

Saipem, a global leader in the engineering and construction of major projects, has secured $600 million offshore contracts from Saudi oil giant Aramco. The scope of work includes EPCI services for 34km of pipeline as well as 300m of onshore pipeline network in Saudi Arabia.

Emirates serves 55.6 million passengers in 2025

Wed, 31 Dec 2025

Emirates moved 55.6 million customers, circled Earth 29,290 times on nearly 180,580 flights, and placed orders for 73 new aircraft in 2025.

India’s KP Group eyes $4bn investment in Botswana’s clean energy sector

Wed, 31 Dec 2025

KP Group, a leading renewable energy company, has signed an agreement with African nation of Botswana to collaborate on large-scale renewable energy generation, energy storage and transmission infrastructure, involving an estimated capital investment of Rs360 billion ($4 billion).

Investing in 2026 will reward judgment, not comfort: deVere CEO

Tue, 30 Dec 2025

Investors are likely to face a more demanding but opportunity-rich market in 2026 as they look to the year ahead to build and safeguard wealth, affirms the CEO of one of the world’s largest independent financial advisory organisations.

Work starts on 35-km green corridor at King Salman Park

Tue, 30 Dec 2025

Work has begun on the Dhahrat Namar Park, a 35-km green corridor in southwest Riyadh being developed as part of the massive King Salman Park project. Spanning 2.4 million sq m, it features tree-lined pedestrian promenades, 52 km of walking trails and a 33-km cycling track.

Aster Guardians Global Nursing Award extends deadline

Wed, 31 Dec 2025

The Aster Guardians Global Nursing Award 2026, an initiative from Aster DM Healthcare – a leading integrated healthcare provider - has announced the extension of its deadline to January 11, 2026.

Serco names new Saudi corporate services head

Wed, 31 Dec 2025

Serco has appointed Maryam Alamasi as the new Head of Corporate Services for Saudi Arabia. An industry veteran, she has more than 18 years of experience in digital transformation, enterprise architecture and large-scale programme delivery.

Gold set for best year in nearly half a century

Wed, 31 Dec 2025

Gold was steady on Wednesday but remained on track for its strongest annual gain in over four decades, while other precious metals fell sharply as investors booked profits after a strong, record-setting rally.

Saudi NDMC arranges $13bn loan for utilities projects

Thu, 01 Jan 2026

Saudi Arabia's National Debt Management Center (NDMC) has announced the successful arrangement of a seven-year syndicated loan amounting to $13 billion, aimed at supporting power, water, and public utilities projects.

Merak Capital completes key investment in Saudi cybersecurity firm

Tue, 30 Dec 2025

Saudi-based Merak Capital said it has completed a strategic investment in leading cybersecurity company DSShield. The investment comes as organisations across the kingdom accelerate digital adoption, cloud migration, and industrial automation.

New President named for Kia Middle East and Africa

Mon, 29 Dec 2025

Kia Corporation has announced that Hoo Gon Kim will assume the role of President of Kia Middle East and Africa (MEA), effective January 1, 2026.

Nesma lands Expo 2030 Riyadh main utilities, civil works package

Wed, 31 Dec 2025

Nesma and Partners, a leading provider of integrated project solutions, has secured the main utilities and civil works package for Expo 2030 Riyadh. The scope of work includes construction of roads within the Expo site and installation of essential utilities.

Spectacular shows, celebrations mark dawn of 2026

Thu, 01 Jan 2026

As the world welcomed the dawn of 2026, celebrations unfolded across regions and time zones, uniting cities in a shared moment of renewal.

Gulf Construction

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