EU-US DEAL ON ICE

Trump presses Greenland claim at Davos, rules out force

Wed, 21 Jan 2026

US President Donald Trump on Wednesday doubled down on his controversial demand for control of Greenland, while offering his clearest assurance yet that the United States would not use military force to acquire the Arctic island. Speaking at the World Economic Forum (WEF) in Davos, Switzerland, Trump said he “won’t use force,” even as he repeatedly insisted that Greenland should come under US control.

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Q4 NET PROFIT JUMPS 25%

ADIB posts record net profit before tax of 2.2bn in 2025, up up 18%

Wed, 21 Jan 2026

Abu Dhabi Islamic Bank (ADIB) has reported another year of exceptional financial performance, delivering record earnings in 2025 on the back of strong balance sheet expansion, rising business momentum and sustained customer acquisition across key segments.

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SPOTLIGHT

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).

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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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ANALYSIS

Trump’s Davos appearance to put global trade on edge

Mon, 19 Jan 2026

US President Donald Trump’s appearance at Davos this week could have almost immediate and lasting economic consequences for the global economy, warns Nigel Green, CEO of deVere Group, as tensions over Greenland move toward a decisive phase.

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Top This Week

Saleh Abdulaziz Al Rashed & Sons plans IPO

Tue, 20 Jan 2026

Saleh Abdulaziz Al Rashed & Sons Company (SAR), a key Saudi provider of integrated construction materials, mining, and industrial spare-parts solutions, has announced its intention to proceed with an initial public offering (IPO) and the listing of its ordinary shares on the Main Market of the Saudi Exchange.

$75m prize pool for 7-week Esports World Cup 2026

Tue, 20 Jan 2026

The Esports World Cup Foundation (EWCF) has announced a total prize pool of $75 million alongside the full game lineup and schedule for the Esports World Cup 2026 (EWC), the world’s largest esports event, set to return to Riyadh, Saudi Arabia, from July 6 through August 23.

Samana Developers records $1.93bn gross sales in 2025

Tue, 20 Jan 2026

Samana Developers, an award-winning real estate developer based in Dubai, recorded AED7.1 billion ($1.93 billion) in gross sales in 2025, cementing its position as a dominant force in the emirate's real estate sector.

Dubai seeks bids for 3km Al-Maktoum airport metro link

Tue, 20 Jan 2026

Dubai’s Roads & Transport Authority (RTA) has invited consultancy firms to submit bids for the design contract of the next extension of the Route 2020 Metro line, reinforcing the emirate’s long-term strategy to expand its public transport network and improve connectivity to major growth hubs.

Qatari group, MSC unit seal $2.7bn deal for big Libyan port upgrade

Tue, 20 Jan 2026

Libya's Misurata Free Zone Authority has signed a $2.7 billion PPP involving Doha-based infrastructure investor Maha Capital Partners and Terminal Investment Limited, the port operator of world's largest container shipping line MSC, to transform the Libyan port into a modern, high-capacity transhipment hub.

EDGE, Barzan Holdings to set up defence JV in Qatar

Tue, 20 Jan 2026

EDGE Group and Qatar’s Barzan Holdings have agreed to establish a joint venture focused on the collaborative development of advanced defence technologies, reinforcing long-term industrial cooperation between the UAE and Qatar.

Exeed Geotextile opens production facility in SAIF Zone

Tue, 20 Jan 2026

Exeed Geotextile, a subsidiary of Exeed Industries and the first of its kind in the UAE, has inaugurated its state-of-the-art production facility at the Sharjah Airport International Free Zone (SAIF Zone).

Shurooq launches Sharjah Sustainable City II partnering with SEE Holding

Tue, 20 Jan 2026

The Sharjah Investment and Development Authority (Shurooq), in collaboration with SEE Holding, has launched the Sharjah Sustainable City II, an integrated residential community that elevates eco-friendly urban living.

UAE, India set $200bn trade target as economic ties deepen

Tue, 20 Jan 2026

India and the United Arab Emirates have agreed to double their bilateral trade to $200 billion by 2032, underscoring the rapid expansion of economic ties under their Comprehensive Economic Partnership Agreement (CEPA).

ROSHN Group launches villas, duplexes in Dhahran's ALDANAH community

Wed, 21 Jan 2026

ROSHN Group has launched two new typologies in its ALDANAH community in Dhahran, including villas with an area of 275 sq m and duplexes with an area of 246 sq m. This release caters to the aspirations of diverse customers, with a variety of home sizes and design options.

Rockwell Automation brings advanced software to Lucid’s Saudi EV plant

Wed, 21 Jan 2026

Rockwell Automation, a company dedicated to industrial automation and digital transformation, has announced a deepened collaboration with Lucid, maker of advanced electric vehicles, to support the automaker’s expanding manufacturing facility in Saudi Arabia.

Sharjah Airport welcomes 19.4m passengers in 2025

Wed, 21 Jan 2026

The Sharjah Airport Authority announced record results for 2025, with Sharjah International Airport welcoming 19.48 million passengers, compared to 17.1 million in 2024 and 15.36 million in 2023, achieving a growth rate of 13.9%.

Tawazun signs $642m MoD deals at UMEX & SimTex

Wed, 21 Jan 2026

Tawazun Council for Defence Enablement has announced a new series of contracts concluded on behalf of the Ministry of Defence on the second day of UMEX and Simtex 2026 event.

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).

Specialty coffee lots top $70,000 in value at Dubai Coffee Auction

Wed, 21 Jan 2026

DMCC, the leading international business district that drives the flow of global trade through Dubai, has concluded the second edition of the Dubai Coffee Auction, with specialty coffee lots generating $70,000 in total value.

SMC Healthcare opens new outpatient clinic in north Riyadh

Mon, 19 Jan 2026

Specialized Medical Company (SMC Healthcare), one of Saudi Arabia’s leading private healthcare providers, today announced the official opening of its new outpatient clinic center, SMC Clinics, on Prince Mohammad Bin Saad Bin Abdulaziz Road in Al Malqa District in North Riyadh, marking a significant milestone in the group’s ongoing expansion strategy.

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.

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.

ADIB posts record net profit before tax of 2.2bn in 2025, up up 18%

Wed, 21 Jan 2026

Abu Dhabi Islamic Bank (ADIB) has reported another year of exceptional financial performance, delivering record earnings in 2025 on the back of strong balance sheet expansion, rising business momentum and sustained customer acquisition across key segments.

Saudi Arabia to launch new AI-enabled matchmaking partnership network

Mon, 19 Jan 2026

Saudi Arabia's Ministry of Economy and Planning has announced plans to launch an AI-enabled matchmaking partnership network, SUSTAIN, mainly designed to strengthen cross-sector collaboration and accelerate the delivery of sustainable development initiatives in the kingdom.

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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