Leading UAE developer Aldar has sold 80% of the homes released at its key project - Yas Park Place - located in the heart of Yas Island, Abu Dhabi generating over AED800 million ($218 million) in sales. A mid-rise residential community, it features six buildings offering a collection of studios, one-, two- and three-bedroom homes.
Masdar marks 20 years as a global renewable energy leader, becoming one of the world’s largest developers with over 65GW capacity and targeting 100GW by 2030.
Oman signed an MoU with the Global Sustainable Tourism Council (GSTC), with the Ministry joining as a government body representing Omani tourist destinations, aiming to strengthen sustainable tourism practices and international collaboration.
Aldar has acquired an industrial and logistics portfolio from AD Ports Group subsidiary Khalifa Economic Zones Abu Dhabi – KEZAD Group for AED650 million ($177 million).
Businesses and investors in Saudi Arabia and the UAE are holding firm on their medium-term strategies despite the current situation in the Middle East, supported by intraregional supply chain redesign and increased use of AI, says an HSBC study.
Vision Hospitality will launch a 45,000 sq ft multi-concept dining and entertainment destination at Reem Mall, Abu Dhabi, featuring McGettigan’s and a live sports Fan Zone, marking a major regional expansion.
The Emirates Drug Establishment (EDE) has announced the country’s first fully AI-discovered and developed drug candidate by a research team at Insilico Medicine.
Qatar's Public Works Authority (Ashghal) has announced that over 90% work is now complete at Sidra - Education City project and is on track for opening by year-end. Spanning 74,000 sq m, the key educational facility features a main two-storey building with classrooms and multi-purpose halls.
Dubai’s retail and warehouse sectors demonstrated resilience and growth in 2025, backed by strong fundamentals including record tourism, population boom and e-commerce activity. Both sectors, however, faced tightening supply conditions that shaped market dynamics throughout the year, said a report.
Bahrain headquartered-Al Salam Bank has announced the sale of its 20.94% stake in Gulf African Bank, the largest Islamic Bank in Kenya.
Emirates Integrated Telecommunications Company (du) delivered a resilient financial performance in the first quarter, with revenue growing by 6.9% to AED4.1 billion ($1.116 billion), a record EBITDA margin of 49.5%, and net profit growing by 15.5% to AED0.8 billion ($217.8 million).
Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in Dubai, has acquired another 600 new licence taxi plates through the latest auction conducted by the Dubai Roads and Transport Authority (RTA).
Saudi Arabia's General Entertainment Authority and Riyadh Season, under the leadership of Turki Alalshikh, in cooperation with WWE, today announced that Night of Champions will return to Kingdom Arena in Riyadh on Saturday, June 27, 2026.
Hours before the US-Iran ceasefire was to end, US President Donald Trump said he is extending the truce until Tehran has submitted a proposal to end the war.