| Oman awards $86m tenders for development projects
Oman: Oman's Tender Board has approved a range of tenders worth a total RO33 million ($86 million) aimed at advancing developmental projects across multiple sectors in the sultanate during its first meeting of 2026, reported the Oman News Agency. |
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| Gulf Air, Bahrain Airport Company seal landmark investment deal
Bahrain: Gulf Air, the national carrier of the Kingdom of Bahrain, and Bahrain Airport Company (BAC) have announced a major milestone in their human capital transformation with the introduction of a market-benchmarked Compensation & Benefits Framework, alongside an enhanced Medical Insurance Program. |
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| Airport Show 2026 to showcase best-in-class ATM technology
United Arab Emirates: A wide range of cutting-edge Air Traffic Management (ATM) and Air Traffic Control (ATC) solutions for the Air Navigation Services Providers (ANSPs) and airport operators will be showcased at the 25th edition of the Airport Show at the Dubai World Trade Centre (DWTC) from May 12 to 14, 2026. |
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| Dhs 6.625 billion in total value of lease contracts in Ajman in 2025
United Arab Emirates: The Municipality and Planning Department – Ajman announced remarkable growth in rental transactions during 2025, with the total value of lease contracts exceeding Dhs 6.625 billion |
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| APM Terminals unit to buy 37.5pc stake in Jeddah Port terminal
Saudi Arabia: APM Terminals, an independent subsidiary of Netherlands-based AP Moller-Maersk, has announced that it has sealed a strategic partnership with DP World, a leading provider of smart end-to-end logistics solutions, for the Southern Container Terminal at Jeddah Islamic Port. |
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| Saudi Arabia spearheading regional green building sector growth
Saudi Arabia: The Kingdom of Saudi Arabia has emerged as a regional leader in Green Building sector, achieving the highest performance score of 76.31 points and registering over 1.03 million sq m of certified areas, reported SPA. |
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| Mubadala completes acquisition of 15pc stake in Egypt’s Nargis concession
United Arab Emirates: Mubadala Energy, the Abu Dhabi headquartered international energy company, has completed the acquisition from Eni of a 15 per cent participating interest in the Nargis Offshore Area (“Nargis”) concession, an offshore exploration block in Egypt. |
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| Elsewedy consortium achieves key Rabigh 1 expansion milestone with $1.4bn SEC dea
Saudi Arabia: A consortium of Elsewedy Electric and Siemens Energy has achieved a major milestone in the expansion of Saudi Arabia’s Rabigh 1 power plant following the signing of a SAR5.3 billion ($1.4 billion) energy conversion agreement by Saudi Electricity Company (SEC) and Saudi Power Procurement Company (Principal Buyer). |
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| Aldar issues $1bn hybrid notes to Apollo to support growth momentum
United Arab Emirates: Aldar Properties has issued a $1.0 billion in subordinated hybrid notes to Apollo Global Management through a private placement, raising additional capital to support its strong growth momentum. |
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| Saudi POS stays above $4bn as Ramadan spending lifts outlays on home goods
Saudi Arabia: Saudi point-of-sale transactions remained above $4 billion in the week ending Feb. 14, with spending on furniture and home supplies rising ahead of Ramadan, central bank data showed. |
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| Armah Sports net profit up 62% on strong personal training demand
Saudi Arabia: Strong demand for personal training services and continued expansion in its membership base drove Armah Sports Co.’s net proft to shareholders up 62 percent to SR62 million ($16.53 million) in 2025. |
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| Keolis appoints new CEO for Middle East & Eastern Asia
United Arab Emirates: Keolis Group, a global leader in shared mobility and public transport, has appointed Youenn Dupuis as CEO Middle East & Eastern Asia. |
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| Licences must for petroleum, petchem activities: Saudi Ministry of Energy
Saudi Arabia: Saudi Arabia's Ministry of Energy has reiterated that all activities involving petroleum and petrochemical materials must obtain the necessary licences from the ministry. |
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| Celeros Flow Technology signs Corporate Procurement Agreement with Aramco
Saudi Arabia: Celeros Flow Technology (Celeros FT) has signed a Corporate Procurement Agreement (CPA) with Aramco, marking a key milestone in the two companies’ strategic partnership. |
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| Moody’s establishes regional HQ in Saudi Arabia, deepening its Middle East footprint
Saudi Arabia: Global risk assessment firm Moody’s Corp. announced on Feb. 18 the establishment of a new regional headquarters in Riyadh, aiming to deepen the company’s presence in Saudi Arabia. |
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| Saudi Public Investment Fund cuts US equity holdings to $12.9bn
Saudi Arabia: Saudi Arabia’s Public Investment Fund reduced the value of its US-listed equity holdings to $12.9 billion at the end of the fourth quarter of 2025, down from $19.4 billion at the close of the third quarter, according to its latest filing with the US Securities and Exchange Commission. |
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| Arab Energy Fund arranges $346m financing for Iraq oil field expansion
Saudi Arabia: The Arab Energy Fund has led and closed a $346 million reserve-based financing facility for Kuwait Energy Basra Limited, the operator of Block 9 in southern Iraq, in a move that will support the next phase of expansion and development at the field, |
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| Qatar CPI sees monthly drop in January as annual inflation rises 2.28%
Qatar: Qatar’s consumer price index climbed 2.28 percent in January from a year earlier, official data showed, while registering a 2.22 percent drop from the previous month. |
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| Data leak at Abu Dhabi finance summit exposes global figures, FT reports
United Arab Emirates: Former British Prime Minister David Cameron and hedge fund billionaire Alan Howard were among the hundreds whose passports and other identification papers were leaked online after they attended an Abu Dhabi conference, the Financial Times reported on Tuesday. |
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| WAM Saudi 2026 concludes with global deals and industrial innovation momentum
Saudi Arabia: The World Advanced Manufacturing and Logistics (WAM) Saudi Summit and Expo 2026 has officially come to an end following three days of high-impact discussions, strategic collaborations, and cutting‑edge innovations. |
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| Islamic syndicated financing to sustain momentum in 2026: Fitch Ratings
Saudi Arabia: Islamic syndicated financing is set to remain a key funding source in 2026 for Saudi Arabia and the UAE, due to its lower complexity compared to sukuks and bonds, according to an analysis. |
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| RTA completes work on major street near Dubai Silicon Oasis
United Arab Emirates: Dubai’s Roads and Transport Authority (RTA) has completed the work related to Al Rowaiyah Street, extending 3.5 km, directly linking Sheikh Mohammed bin Zayed Road with Sheikh Zayed bin Hamdan Al Nahyan Street near Dubai Silicon Oasis and Nadd Hessa. |
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| Alba 2025 profit surges 18.5pc to $582m on higher production, record sales
Bahrain: Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has announced solid results for FY 2025, recording a net profit of BD218.7 million ($582 million), up 18.5% over BD184.5 million ($490.8 million) the previous year |
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| Oman announces plans for $3.8bn development projects
Oman: Oman's Projects, Tenders and Local Content Authority has announced that the total value of the government’s upcoming development projects is estimated at more than RO1.5 billion ($3.8 billion), covering both approved and under-study schemes. |
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| Saudi minister launches $810m infrastructure and industrial projects
Saudi Arabia: Minister of Industry and Mineral Resources and Chairman of the Board of the Saudi Authority for Industrial Cities and Technology Zones, known as MODON, Bandar Alkhorayef, launched capital projects valued at approximately SR3 billion ($810 million), covering infrastructure, water, electricity, and ready-built factories. |
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| Saudi-French cooperation to localize veterinary vaccine manufacturing
Saudi Arabia: In the presence of sector leaders, the National Livestock and Fisheries Development Program signed a memorandum of understanding with French company Ceva under the patronage of Minister of Environment, Water and Agriculture Abdulrahman bin Abdulmohsen Al-Fadhli, who also chairs the program’s board. |
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| Sharjah to launch feasibility study for air taxi and cargo transport project
United Arab Emirates: Chaired by Sheikh Sultan Bin Mohammed Bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, the Sharjah Executive Council has approved the initial allocation of land plots for Emirati citizens scheduled for 2026, marking a major step in supporting housing and investment opportunities across the emirate. |
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| Emirati GSU launches 5 MWp solar plant in Berbera
United Arab Emirates: Abu Dhabi-based Global South Utilities (GSU), a resources investment company, has inaugurated a 5 MWp grid-connected solar photovoltaic (PV) power plant in Berbera and launched the Green Berbera Vision |
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| Nasdaq Dubai posts record year as Sukuk listings soar past $100 billion
United Arab Emirates: Nasdaq Dubai attracted a record number of Sukuk listings in 2025, supported by sustained issuance activity from regional and international issuers and continued global investor demand for Sharia-compliant debt instruments. |
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| Dubai Chambers empowers SMEs through strategic fintech alliance
United Arab Emirates: Dubai Chambers has enhanced its efforts in providing the business community with access to advanced and alternative banking services. |
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| Maktoum highlights strong growth across UAE’s key economic sectors
United Arab Emirates: Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, met with Sir Michael Kadoorie, Chairman of CLP Holdings |
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| Saudi consumer inflation eases to 1.8% in January: GASTAT
Saudi Arabia: Saudi Arabia’s inflation softened to 1.8 percent in January, signaling contained price pressures even as housing rents remained the main driver of consumer costs, official data showed. |
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| Sharjah records strong growth in business services, investment
United Arab Emirates: Hamad Ali Abdullah Al Mahmoud, Chairman of the Sharjah Economic Development Department and Member of the Sharjah Executive Council, affirmed that the results of 2025 marked a pivotal milestone in the department’s journey |
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| Arab Energy Fund closes $346m financing for Iraq’s Block 9
Kuwait: The Arab Energy Fund, a multilateral impact financial institution, has led and closed a $346 million Reserve-Based Financing (RBL) Facility for Kuwait Energy Basra Limited (KEBL) |
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| Amarak Chemicals launches new sulphur manufacturing unit in Jafza
United Arab Emirates: Amarak Chemicals FZC, an associate company of the Aries Group of Companies, has commenced operations at a fully automated sulphur manufacturing facility at Jebel Ali Free Zone (Jafza) in Dubai. |
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| Saudi consumer inflation eases to 1.8% in January: GASTAT
Saudi Arabia: Saudi Arabia’s inflation softened to 1.8 percent in January, signaling contained price pressures even as housing rents remained the main driver of consumer costs, official data showed. |
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| Al Mouj Muscat launches last two phases of key coastal residential project
Oman: Al Mouj Muscat, the sultanate’s leading oceanfront lifestyle and leisure destination, has launched Azura Beach Residences III and IV, thus marking the final chapter of its best-selling coastal residential offering. |
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| Alramz inks deal with Roshn to develop prime residential plots
Saudi Arabia; Alramz Real Estate has announced that it has signed a SAR91 million ($24.7 million) agreement with Roshn, a leading Saudi developer powered by the kingdom's sovereign wealth fund PIF, for the purchase and development of two residential plots in Riyadh. |
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| Beyond unveils fully masterplanned project on Marjan Beach
United Arab Emirates: Beyond Developments has unveiled its first fully masterplanned project, Evermore, on Marjan Beach in Ras Al Khaimah featuring residential, hospitality and retail components. |
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| UAE announces opening of landmark mountain destination in Ajman
United Arab Emirates: UAE authorities have announced the opening of a landmark mountain destination, Masfout Gate, in the northern emirate of Ajman built over a 500 sq m area. Standing at 16m high, the project features a 40m architectural walkway, forming an integrated urban edifice. |
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| Makkah sees rising economic activity ahead of Ramadan
Saudi Arabia: Islam’s holiest city, Makkah, is experiencing heightened economic activity ahead of this year’s Ramadan, as markets, shopping centers, and hotels see a surge in visitors, reflecting the city’s dual religious and economic significance during the season. |
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| Saudi Arabia moves to deepen EU industrial ties in pharma, minerals
Saudi Arabia: Industrial partnerships in pharmaceuticals, trade and critical minerals are set to strengthen as Saudi Arabia expands cooperation with European partners during high-level talks in France and Belgium. |
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| Sisco unit acquires Dubai smart cold-chain company Transcorp
Saudi Arabia: Sustainable Infrastructure Holding Company (Sisco), a leading force in Saudi Arabia's infrastructure and logistics investment, said one of its portfolio companies, Green Dome Investments (GDI), has completed the acquisition of 100% stake in Dubai-based Transcorp International. |
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| Saudi Electricity Company inks $4.3bn Islamic financing deal
Saudi Arabia: Saudi Electricity Company has announced that it has signed a SAR16 billion ($4.27 billion) shariah-compliant Murabaha funding facility with a group of regional banks to refinance existing debt. |
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| Saudi consumer inflation eases to 1.8% in January: GASTAT
Saudi Arabia: Saudi Arabia’s inflation softened to 1.8 percent in January, signaling contained price pressures even as housing rents remained the main driver of consumer costs, official data showed. |
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| CBUAE gold reserves surge by 65% to Dhs37.9 billion in 2025
United Arab Emirates: The Central Bank of the United Arab Emirates’ (CBUAE) gold reserves rose by 64.93 per cent in 2025, reaching Dhs37.902 billion at the end of December, compared to Dhs22.981 billion at the end of December 2024, according to the bank’s monthly statistical bulletin. |
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| Saudi parallel market Nomu powers next wave of SME expansion
Saudi Arabia: Saudi Arabia’s parallel equity market Nomu is emerging as a central channel for financing the Kingdom’s non-oil economy, widening access to public markets for small and medium enterprises while supporting the government’s diversification push. |
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| MENA startups raise fresh capital as governments advance ecosystem reforms
Saudi Arabia: Startups across the Middle East and North Africa continued to attract investor interest last week, with fresh capital flowing into fintech, proptech, logistics, agritech and artificial intelligence-driven platforms. |
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| Acwa Power launches commercial operations at 501MWh Uzbek BESS project
Saudi Arabia: Saudi-based Acwa Power, the world's largest private water desalination company, leader in energy transition, and first mover into green hydrogen, has announced the launch of full commercial operations at its 501MWh battery energy storage system (BESS) linked to its Riverside Solar project in Uzbekistan. |
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| Saudi mining sector surges with 220% rise in new licenses in 2025
United Arab Emirates: The Sharjah Chamber of Commerce and Industry (SCCI) held its annual celebration ceremony to honour its strategic partners and outstanding employees, including staff from Expo Centre Sharjah and Sharjah International Commercial Arbitration Centre (Tahkeem). |