| DIFC announces completion, phased handover of DIFC Square
United Arab Emirates: Dubai International Financial Centre (DIFC) has announced the successful completion and phased handover of DIFC Square ahead of schedule. DIFC Square responds to unprecedented demand for office space within the Centre, underpinned by 100% pre-leasing levels of 98.45 per cent prior to handover. |
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| Mideast war impact on GCC corporate ratings unlikely, says Fitch
United Arab Emirates: Iran’s attacks on GCC countries, and the resulting closure of airspace and the region’s main shipping route, are unlikely to affect the existing ratings of state-owned companies in the region, according to Fitch Ratings. |
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| Saudi Arabia’s industrial production jumps 10.4% in January: GASTAT
Saudi Arabia: Saudi Arabia’s industrial production index rose to 115 in January, up 10.4 percent from a year earlier, driven by higher crude output and stronger mining activity, official data showed. |
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| Top attractions industry expo IAAPA Mideast postponed to April 2027
United Arab Emirates: IAAPA, the global association for the attractions industry, has announced the cancellation of its inaugural edition in the region owing to the ongoing Middle East conflict. The IAAPA Expo Middle East will now be held next year in Abu Dhabi on April 12. This comes following a meeting with the IAAPA Board of Directors. |
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| Aramco CEO sees ‘catastrophic consequences’ for oil if shipping doesn’t resume in Strait of Hormuz
United Arab Emirates: Saudi Arabia’s Aramco , the world’s top oil exporter, said on Tuesday there would be “catastrophic consequences” for the world’s oil markets if the Iran war continues to disrupt shipping in the Strait of Hormuz. |
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| Aramco stock gains about 14% year to date as earnings back higher dividend
Saudi Arabia: Shares of Saudi Aramco rose in early trading on the Saudi Exchange after the energy giant reported strong cash generation and higher shareholder returns for 2025, with the stock opening at SR25.92 ($6,90) and climbing to an intraday high of SR25.98. |
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| Saudi Awwal Bank ranked first across all categories in the Euromoney Global Trade Finance Solutions Awards
Saudi Arabia: Saudi Awwal Bank (SAB), one of the leading banks in the Kingdom of Saudi Arabia, has achieved the top global ranking across all categories in the Euromoney Global Trade Solutions Awards under its newly introduced client-centric evaluation framework. |
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| Saudi Aramco offers spot crude supplies as Hormuz closure disrupts shipments: Report
Saudi Arabia: Saudi Aramco has offered immediate crude oil supplies as the ongoing conflict and closure of the Strait of Hormuz disrupt shipments and force trade flows to be rerouted through the Red Sea. |
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| Saudi GDP grows 4.5% in 2025: GASTAT
Saudi Arabia: Saudi Arabia’s economy expanded 4.5 percent in 2025, driven by gains across oil, non-oil and government activities, as stronger crude output and steady domestic demand helped accelerate growth. |
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| Dubai issues new public safety law to support tourism, sustainable growth
United Arab Emirates: In his capacity as the Ruler of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, today (March 8) issued a new law on public safety in the emirate |
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| Saudi cement sales volume down 10.5pc in February
Saudi Arabia: Elsewedy Electric for Power Transmission & Distribution has announced the successful completion and handover of the El Saad Solar Plant, a landmark project that has now officially entered its operations and maintenance phase. |
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| Gulf airlines cautiously restore flights as regional airspace restrictions ease
Saudi Arabia: Elsewedy Electric for Power Transmission & Distribution has announced the successful completion and handover of the El Saad Solar Plant, a landmark project that has now officially entered its operations and maintenance phase. |
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| Oil supply disruption in Gulf raises inflation risks and growth concerns worldwide
Saudi Arabia: Rising oil prices are emerging as an inflation and growth shock for the US and the global economy as Gulf producers cut output, declare force majeure, and warn that storage constraints could trigger wider shut-ins. |
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| Saudi stocks close above 11,000 as energy shares lead gains
Saudi Arabia: Saudi Exchange’s benchmark Tadawul All Share Index climbed above 11,000 on Sunday, led by energy and materials stocks despite geopolitical uncertainty from ongoing tensions between US-Israel and Iran across the region. |
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| RTA opens two key bridges as part of Sheikh Rashid Corridor Project
United Arab Emirates: Dubai’s Roads and Transport Authority (RTA) has announced the opening of two major bridges as part of Oud Maitha and Al Asayel Streets Development Project, which forms part of Sheikh Rashid Corridor Development Project. |
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| Burtville sees prime Abu Dhabi projects on track
United Arab Emriates: Burtville Developments has confirmed that construction across its projects in Abu Dhabi is progressing at a steady pace and in full alignment with the established development timelines. |
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| Gulf Air issues rebooking, refund options amid service suspension
Bahrain: Due to the temporary closure of airspace in Bahrain and across the region, Gulf Air has suspended its flight operations. |
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| Gulf oil exports could stop within weeks, warns Qatar energy minister as Iran war continues
Saudi Arabia: Gulf oil producers could halt exports within weeks due to the ongoing Middle East war, sending crude prices to $150 a barrel, according to Qatar’s energy minister. |
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| Saudi POS spending rises 4.5% to $3.8bn in late February: SAMA
Saudi Arabia: Saudi Arabia’s point-of-sale spending rose 4.5 percent to SR14.5 billion ($3.8 billion) in the week ending Feb. 28, even as the number of transactions declined. |
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| UAE and Japan finalize CEPA to bolster bilateral trade and investment
Saudi Arabia: The UAE and Japan have concluded negotiations on the final provisions of a Comprehensive Economic Partnership Agreement, marking the first such accord Japan has signed with an Arab nation. |
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| UAE tourism operations remain safe, ongoing despite regional events
United Arab Emirates: The Ministry of Economy and Tourism said that, in light of ongoing regional developments, the tourism sector in the UAE continues to operate in accordance with directives issued by the relevant authorities, with close and continuous monitoring of various developments. |
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| UAE and Japan finalize CEPA to bolster bilateral trade and investment
Saudi Arabia: The UAE and Japan have concluded negotiations on the final provisions of a Comprehensive Economic Partnership Agreement, marking the first such accord Japan has signed with an Arab nation. |
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| Aldar Properties says all operations continue as normal
United Arab Emirates: Aldar Properties confirmed operations across its residential communities, retail destinations, commercial offices, logistics facilities, hotels, schools and development sites in the UAE continue without interruption and the company remains operationally and financially resilient. |
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| SABIC's Abdulrahman Al-Fageeh retires, new CEO named
Saudi Arabia: SABIC has announced the retirement of its CEO and Executive Member of the Board, Abdulrahman Al-Fageeh, effective April 1, 2026. |
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| Saudi POS spending rises 4.5% to $3.8bn in late February: SAMA
Saudi Arabia: Saudi Arabia’s point-of-sale spending rose 4.5 percent to SR14.5 billion ($3.8 billion) in the week ending Feb. 28, even as the number of transactions declined. |
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| Mace Consult launched as standalone firm after Goldman Sachs Alternatives investment
United Arab Emirates: Mace Consult, a leading independent company focused on delivering impactful infrastructure and capital programmes, on Friday announced the completion of the majority private equity investment by Goldman Sachs Alternatives and carve-out from Mace Group. |
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| Gulf oil exports could stop within weeks, warns Qatar energy minister as Iran war continues
Saudi Arabia: Gulf oil producers could halt exports within weeks due to the ongoing Middle East war, sending crude prices to $150 a barrel, according to Qatar’s energy minister. |
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| Saudi Maaden reports 156% profit surge to $2bn on strong commodity prices, record production
Saudi Arabia: Saudi mining and metals company Maaden has reported a 156 percent jump in its net profit attributable to shareholders for 2025, driven by higher commodity prices, record production volumes, and a one-off bargain purchase gain. |
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| GCC banks resilient to Iran conflict risks amid strong buffers
Saudi Arabia: Gulf Cooperation Council banks face limited short-term credit risks from the regional conflict following US and Israeli strikes on Iran, supported by strong financial buffers and sovereign backing. |
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| Acwa's 2025 revenue soars to $1.97bn; net profit up 60pc
Saudi Arabia: Saudi-listed Acwa, the world’s largest private water desalination company, a leader in the energy transition and a first mover into green hydrogen at scale, today (March 4) reported solid results for FY 2025 with its revenue soaring to SAR7.41 billion ($1.97 billion) |
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| Dubai project forum sets agenda for digital, sustainable infrastructure
United Arab Emirates: More than 3,500 officials, executives and project management professionals took part in the 11th Dubai International Project Management Forum, where they issued 31 recommendations aimed at strengthening sustainable urban development |
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| Diriyah awards $666m Pendry Superblock Package deal
Saudi Arabia: Diriyah Company has awarded a major contract worth SAR2.5 billion ($666 million) for the implementation of the Pendry Superblock Package Northwest within Diriyah Gate II as part of the giga development - Diriyah Project. |
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| Acwa reports 13% rise in gross profit amid strong project growth
Saudi Arabia: Saudi utility giant Acwa reported gross profit of SR3.76 billion ($1 billion) in 2025, up 13.03 percent from a year earlier, while net profit attributable to shareholders rose 5.42 percent to SR1.85 billion. |
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| Eviq in deal to set up EV charging infrastructure within New Murabba
Saudi Arabia: Saudi Arabia's New Murabba Development Company has signed a strategic agreement with Electric Vehicle Infrastructure Company (Eviq) for deployment of EV charging infrastructure across key assets within its giga-project - New Murabba, thus supporting the kingdom’s transition toward sustainable mobility. |
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| Higher inflation, tighter credit markets if Iran war persists, experts warn
Saudi Arabia: As the US-backed conflict between Israel and Iran entered its fourth day, economists warned the fallout could spread well beyond the region, threatening higher inflation, tighter credit markets and slower growth in energy-importing economies if hostilities persist. |
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| Global markets slide as US-Israel strikes on Iran rattle investors
Saudi Arabia: Global markets plunged on March 2 after US and Israeli strikes on Iran triggered Gulf-wide retaliation, disrupting energy and financial hubs and rattling investors worldwide. |
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| Saudi Exchange shows resilience on Aramco shares, defying regional trend
Saudi Arabia: Saudi Arabia’s Tadawul All Share Index showed signs of resilience on March 2, buoyed by gains in Saudi Aramco, even as the Middle East region continues to grapple with escalating tensions. |
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| Airlines across Middle East, Asia extend flight suspensions for 3rd straight day
Saudi Arabia: Airlines and airport operators across the Middle East extended flight suspensions for a third consecutive day after US and Israeli strikes on Iran triggered widespread airspace closures, disrupting global travel routes. |
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| Amazon’s AWS reports outage after UAE data center struck by ‘objects
United Arab Emirates: Amazon cloud-computing unit’s facilities in the Middle East were facing power and connectivity issues on Monday, the company said, after its UAE data center was struck by “objects,” triggering a fire. |
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| Supply chains reel as carriers halt Gulf routes and impose war risk surcharges in response to Iran-US conflict
Saudi Arabia: Global supply chains were disrupted on March 2 as the US-Iran conflict forced shipping lines and airlines to suspend routes, reroute traffic, and impose emergency surcharges across the Middle East. |
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| Oil, gas markets surge amid Strait of Hormuz disruptions; drones intercepted at Ras Tanura
Saudi Arabia: Global supply chains were disrupted on March 2 as the US-Iran conflict forced shipping lines and airlines to suspend routes, reroute traffic, and impose emergency surcharges across the Middle East. |
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| Hassan Allam seals Oman water transmission network dea
Oman: Hassan Allam Holding, a leading engineering and construction company in Egypt, has announced that one of its key subsidiaries, Hassan Allam Construction, has secured a water transmission network contract from Oman Water & Wastewater Services Company in the sultanate. |
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| Marine insurance companies are considering canceling, repricing policies in the Middle East
Marine insurance companies are considering canceling, repricing policies in the Middle East |
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| Saudi utility major Acwa names new CEO
Oman: Acwa, the world’s largest private water desalination company, a leader in energy transition, and a first mover into green hydrogen, has appointed Dr Samir J. Serhan as its new Chief Executive Officer. |
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| OQ launches Feed tender for Natural Gas Liquids Extraction plant
Oman: OQ Group has launched a Front-End Engineering Design (FEED) tender for the Saih Nihayda Natural Gas Liquids (NGL) extraction plant. Once operational, the project will have a processing capacity of up to 48 million cu m per day, reported the Oman News Agency. |
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| Saudi Aramco achieves significant progress in its gas production plan
Saudi Arabia: Saudi Aramco has announced the achievement of significant progress in its plan to expand gas production, with the start of production at the Jafurah field, the largest unconventional gas field in the Middle East, and the commencement of operational activities at the Tanajib Gas Plant, one of the largest gas plants in the world. |
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| Saudi Electricity Company rebrands as Saudi Energy
Saudi Arabia: Saudi Electricity Company has launched its new corporate identity and announced its official rebranding as Saudi Energy (SE), in a move that reflects the company’s expanding role within the Kingdom’s energy ecosystem and aligns with the structural transformation underway in Saudi Arabia's energy sector. |
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| Saudi retail spending holds near $4bn during early Ramadan, as postal outlays rise
Saudi Arabia: Saudi Arabia’s point-of-sale spending remained close to $4 billion in the week ending Feb. 21, even as overall transaction volumes declined during the early days of Ramadan, central bank data showed. |
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| Global energy leaders head to Riyadh for major industry event
Saudi Arabia: The Saudi capital will host an unprecedented concentration of global energy dialogue this April as Energy Week in Riyadh convenes ministers, policymakers, industry leaders, investors and technical experts for a coordinated series of high-level meetings and strategic forums. |
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| Al Futtaim, Siemens in deal to boost digital transformation in real estate
United Arab Emirates: Al Futtaim Real Estate, a unit of leading UAE business conglomerate Al Futtaim, has announced a landmark strategic partnership with global technology powerhouse Siemens, in a major move aimed at accelerating the digital transformation and sustainability in the property sector. |