| 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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| 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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| 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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| 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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| 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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| 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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| 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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| 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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| 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. |
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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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| Arab region on recovery path with 3.7% growth in 2026, but geopolitical risks persist: ESCWA
Saudi Arabia: The Arab region is on a path of gradual economic recovery this year, according to a UN report that forecast growth reaching 3.7 percent and a gradual decline in inflation. |
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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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| Saudi Electricity Co. launches new corporate identity — Saudi Energy
Saudi Arabia: Saudi Electricity Co. has announced the launch of its new identity and its official transformation to Saudi Energy. |
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| Sovereign sukuk issuance set to moderate in 2026 after near-record highs: Moody’s
Saudi Arabia: Global long-term sovereign and supranational sukuk issuance volumes are poised to moderate in 2026 from the near-record highs witnessed the previous year, according to Moody’s Ratings. |
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| PIF-backed AviLease achieves revenue of $664m and 19% growth in 2025
Saudi Arabia: Saudi Arabia’s Public Investment Fund-backed AviLease achieved exceptional performance and sustainable business growth during 2025, supported by the strategic expansion of its global platform. |
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| ONEIC lands Sultan Haitham City grid station contract
Oman: Oman National Engineering & Investment Company (ONEIC) has announced that it has secured a RO32 million ( ) contract from Oman Electricity Transmission Company for the construction of a 132/33kV grid station within the mega Sultan Haitham City development in capital Muscat. |
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| SAMI CEO: Advancing toward integrated, sovereign Saudi defense industry
Saudi Arabia: Saudi Arabian Military Industries is accelerating its push to deliver its 2030 strategy, aiming to anchor a sustainable national defense base built on deeper localization, advanced technology transfer and development, and an integrated industrial ecosystem spanning Saudi Arabia’s defense and security sectors. |
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| Empower awards design contract for Business Bay district cooling plant
United Arab Emirates: Emirates Central Cooling Systems Corporation (Empower) has announced that it has awarded the design contract for the fifth district cooling plant in Business Bay, Dubai. Once operational, the plant will have a production capacity of up to 44,000 refrigeration tons (RT). |
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| Saudi Arabia non-oil exports hit record high, driven by machinery and electrical parts
Saudi Arabia: Saudi Arabia’s non-oil exports have surged to their highest quarterly level since 2017, reaching SR97.5 billion ($25.9 billion) in the fourth quarter of 2025, according to official data. |
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| AD Ports, Nimex break ground on new LPG storage terminal at Kezad
United Arab Emirates: AD Ports Group, a leading global enabler of trade, industry, and logistics solutions; and UAE-based Nimex Terminals, today (February 24) marked the groundbreaking of the UAE’s first private-sector Liquified Petroleum Gas (LPG) terminal hub at Khalifa Port |
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| Work completed on pontoons, floating facilities at Dilmunia Marina
Bahrain: Bahrain-based Ithmaar Development Company (IDC) has announced the completion of the pontoons and floating facility works at Dilmunia Marina in co-operation with United Marine Trading (UMT) - a prominent specialist in marina design, construction, and maintenance of marinas. |
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| LOBO brings modular work-at-height systems to the Saudi industrial sector
Saudi Arabia: UK-based LOBO Systems has completed its first deployment of modular work-at-height platform system in Saudi Arabia, thus marking a significant milestone in the continued international expansion and formal entry into the Middle East industrial market. |
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| Alba launches women-led Ramadan safety campaign
Bahrain: Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, today (February 24) inaugurated the company’s Ramadan Safety Campaign being held under the theme 'Five Star Safety, One Spirit of Ramadan. |