Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Buraidah date carnival boosts Saudi tourism and economy

Buraidah, Saudi Arabia -- The Buraidah Date Carnival witnessed growing economic and tourism activity, making it a key destination for...
  • The event combined morning date auctions with a variety of cultural and entertainment activities held in the evening at the King Khalid Cultural Center.
  • The carnival offered visitors the chance to explore Buraidah’s historical and cultural landmarks through tourist bus tours.

ATP and Saudi Arabia’s PIF launch new tennis tech platform

NEW YORK and RIYADH — The ATP Tour, in a landmark partnership with the Public Investment Fund (PIF), has unveiled...
  • Next-generation analytics platform set to revolutionize player performance and level the playing field across all levels of the sport.
  • Groundbreaking partnership with PIF accelerates the development and scale of ATP Tennis IQ, ushering in a new era of data-driven excellence.

Austrian university develops technique to renew buildings without demolition

Vienna, Austria - A research team from Graz University of Technology in Austria has succeeded in developing an innovative fastening...
  • The system enables the connection and disassembly of building components with ease, allowing the separation of long-term structural elements from shorter-lived components
  • The project won the gold medal in the scientific research competition under the sustainability category and is regarded as a pioneering step towards smart construction

US developers report half of new electric generating capacity will come from solar

Washington, United States - Developers added 12 gigawatts (GW) of new utility-scale solar electric generating capacity in the United States...
  • Battery storage, wind, and natural gas power plants account for virtually all the remaining capacity additions for 2025, the survey noted
  • About 27% (3.2 GW) of the solar capacity added so far in 2025 is in Texas, and developers plan to bring another 9.7 GW of solar online in Texas in the second half of this year

Israel approves major West Bank settlement project, sparks international outcry

Israel has long had ambitions to build on the roughly 12-square-kilometre parcel known as E1 just east of Jerusalem, but...
  • Critics say the settlement would effectively cut the West Bank in two, undermining hopes for a contiguous Palestinian state with east Jerusalem as its capital.
  • UN chief Antonio Guterres warned last week that constructing Israeli homes in the E1 area would "put an end to" hopes for a two-state solution to the Israeli-Palestinian conflict.

Gross national income of GCC countries hits $2.143 trillion

Muscat, Oman -- The latest data released by the Statistical Centre for the Cooperation Council for the Arab Countries of...
  • The value of disposable national income (available for consumption and savings after deducting taxes and other transfers) amounted to US$1.989 trillion.
  • The data indicate that the contribution of the non-oil sector to the GCC’s Gross Domestic Product (GDP) at current prices rose to 71.5 percent by the end of 2023.

TAQA H1 net income $1bn

The group's revenue reached $7.73 billion.
  • This growth was led by higher pass-through costs in the Transmission & Distribution (T&D) segment.
  • The group reduced its gross debt position to AED61.7 billion, enabled by scheduled repayments and the maturity of a corporate bond.

Dubai GDP grows by 4 percent to reach $32.58 billion in first quarter of 2025

Human Health and Social Work activities registered the highest growth rate, rising 26 percent compared to the same period last...
  • Real Estate activities grew by 7.8 percent, while financial and insurance activities expanded by 5.9 percent.
  • Accommodation and food service activities recorded a 3.4 percent increase, and transport and storage rose by 2 percent.

Hospitality leaders to gather in Dubai for Commercial Strategy Conference

Dubai, UAE -- The region's top hospitality professionals will converge at the Conrad Dubai Hotel on November 25-26, 2025, for...
  • The eighth annual conference will showcase the industry's brightest minds and future leaders.
  • Attendees can fast-track professional development with pre-conference certification courses and networking.

Neo Space Group launches Saudi Arabia’s first earth observation marketplace

Riyadh, Saudi Arabia -- Neo Space Group (NSG), a Public Investment Fund (PIF) company, has announced the launch of the...
  • NSG stated that the EO Marketplace will bring together a growing network of EO data providers and value-added service providers offering advanced geospatial analytics
  • The platform is built to empower public sector agencies, Saudi companies, and international users by offering a wide range of high-resolution satellite imagery

Kushner to meet Netanyahu after Hamas talks as Hormuz shipping slows

The meeting comes two weeks after Hamas endorsed the latest stage of Trump's Gaza plan, which Netanyahu has refused to...

Latest News

India to US: 8 nations issue Middle East travel advisories amid Iran tensions

Several governments have urged their citizens to leave Iran immediately, while others are pulling non-essential embassy personnel from sensitive locations,...

Middle East tensions rise as Iran eyes Chinese anti-ship missiles amid Trump warning

Negotiations between Tehran and Beijing began at least two years ago but gained momentum after a 12-day conflict between Israel...

Six Middle East cafés feature in the world’s 100 best coffee shops 2026 list

Six coffee shops from the Middle East have secured places in The World’s 100 Best Coffee Shops 2026 list, highlighting...

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Israel plans ‘Hexagon Alliance’ in Mediterranean, Middle East to counter hostile regional blocs

Speaking ahead of the weekly cabinet meeting, Netanyahu outlined a plan to establish what he called a “hexagon alliance system”...
  • Netanyahu outlined a plan to form a “hexagon alliance” involving India, select Arab and African countries, Greece, the Greek Cypriot administration and unnamed Asian nations
  • “In the vision I see before me, we will form a ‘hexagon alliance system’ around or within Middle East,” Netanyahu said, adding that further details would be shared in due course

Arab Parliament, Muslim nations slam Huckabee’s Middle East remarks

Mohammed bin Ahmed Al Yamahi, Speaker of the Arab Parliament, stressed that any talk of control over the occupied Palestinian...
  • The Palestinian Authority said on X that Huckabee's words "contradict US President Donald Trump's rejection of rejection of (Israel) annexing the West Bank".
  • Saudi Arabia described the ambassador's words as "reckless" and "irresponsible", while Jordan said it was "an assault on the sovereignty of the countries of the region".

Abu Dhabi records real estate deals worth $38.7 billion in 2025

Abu Dhabi, UAE -- Abu Dhabi’s real estate market recorded transactions worth a record AED 142 billion ($38.7 billion) in...
  • Sales and purchase transactions totalled $27.1 billion from 25,604 deals, while mortgage activity accounted for $11.6 billion across 17,210 transactions.
  • Foreign direct investment in Abu Dhabi’s real estate sector reached $2.2 billion in 2025, up 13 percent from the previous year.