| Kuwait records solid progress in road infrastructure, building works
Kuwait: Kuwait's Public Authority for Housing Welfare (PAHW) has reported significant progress in its projects during February, with infrastructure and construction works advancing steadily across several housing cities. |
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| UAE central bank support package lifts lenders shaken by Iran war
United Arab Emirates: Shares of UAE-listed banks jumped on Wednesday after the Central Bank of the UAE announced measures to support their liquidity as the Iran crisis hits Gulf economies. |
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| Arabian Travel Market 2026 latest to postpone event due to Iran conflict
Saudi Arabia: Arabian Travel Market, a major international tourism and trade show, has been postponed by three months from its originally scheduled May dates due to safety and well-being concerns. |
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| Saudi listed healthcare firms post 18% revenue growth as expansion weighs on margins
Saudi Arabia: The revenues of healthcare companies listed on the Saudi financial market achieved their highest growth rate in four years, continuing to record unprecedented levels by the end of last year. |
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| Abu Dhabi, Dubai approve $2.59bn housing benefits to citizens
United Arab Emirates: Abu Dhabi and Dubai have approved major housing benefits totalling AED9.52 billion for their citizens, ahead of Eid-Al-Fitr. |
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| Adnec teams up with Ewec to power Adnec Centre Al Ain with clean energy
United Arab Emirates: Adnec Group, a unit of Abu Dhabi group Modon has announced a strategic partnership with Emirates Water and Electricity Company (Ewec), a leading company in the integrated co-ordination of planning. |
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| Acwa Power buys entire 32pc Badeel stake in Shuaibah Water and Electricity Company
Saudi Arabia: Global utility major Acwa Power has announced that it has successfully completed the acquisition of the entire 32% stake of Water and Electricity Holding Company (Badeel) in the Shuaibah Water and Electricity Company - through its key unit Alwaha Projects Company. |
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| Jordan’s free trade agreements drive 73% of exports
Saudi Arabia: Countries linked to Jordan through free trade agreements accounted for 73.2 percent of the nation’s total exports in 2025, official data showed. |
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| Oman import prices jump 14.8% on machinery costs
Oman: Oman’s import prices recorded a sharp increase in the final quarter of 2025, driven largely by higher machinery and transport equipment costs. |
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| Diriyah sets new concrete pouring record at Gyratory Tunnel Extension project
Saudi Arabia: Diriyah Company, the developer shaping the future of Saudi Arabia’s most iconic destination, has announced that it has achieved a major construction milestone with the completion of pouring of 7,193 cu m of concrete within a record 15.5 hours for the Gyratory Tunnel Extension in the second development phase of the Diriyah development masterplan. |
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| Gulf banks resilient for now, but prolonged conflict raises risks: S&P Global
Saudi Arabia: Banks operating in the Gulf region are expected to remain resilient in the short term due to strong financial buffers, even as the Middle East grapples with heightened geopolitical tensions, according to an analysis. |
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| Egyptian banks seen resilient to Iran conflict shocks, Fitch says
Saudi Arabia: Egypt’s banking sector is positioned to absorb the potential economic spillovers from the ongoing Iran conflict, supported by strong capital buffers, liquidity, and profitability, according to a report by Fitch Ratings. |
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| Saudi consumer inflation eases to 1.7% in February, lowest level in a year: GASTAT
Saudi Arabia: Saudi Arabia’s annual inflation rate slowed to 1.7 percent in February, the lowest level in a year, as stable food prices helped offset continued pressure from housing rents. |
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| From oil to canvas: Saudi Arabia’s emerging art economy
Saudi Arabia: When a painting by Saudi artist Safeya Binzagr sold for $2.1 million at Sotheby’s second auction in Riyadh in January, it marked a milestone for Saudi art on the global stage. The record-breaking sale signaled rising international interest. |
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| TotalEnergies’ global output down 15% amid Middle East conflict
Saudi Arabia: French energy giant TotalEnergies said it has lost 15 percent of its oil and gas global output as the ongoing conflicts between the US-Israel alliance and Iran shut fields across the UAE, Qatar and Iraq. |
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| $55m Nuvé by Zoya in Dubai Land Residence Complex launched
United Arab Emirates: Zoya Developments has launched Nuvé by Zoya, a new mid-rise residential development in Dubai Land Residence Complex, valued at AED202 million ($54.99 million). |
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| Retal eyes $151m capital hike for Ajdan stake acquisition
Saudi Arabia: Saudi-based Retal Urban Development Company has announced that it had submitted a request to the kingdom’s Capital Market Authority (CMA) to approve a capital increase to facilitate its planned acquisition of a stake in Ajdan Real Estate Development Company from AlFozan Holding. |
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| Saudi Energy invites bids for Expo 2030 Riyadh substations project
Saudi Arabia: Saudi Energy, a leading electricity producer in the kingdom, has invited bids for a key power infrastructure project as part of the upcoming Expo 2030 Riyadh. |
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| Saudi Arabia’s producer prices edge up 0.4%: GASTAT
Saudi Arabia: Saudi Arabia’s producer prices rose 0.4 percent in January from a year earlier, supported by higher utility costs, as wholesale inflation remained contained at the start of 2026. |
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| Dar Al Majed Real Estate seals credit facilities deal with BSF
Saudi Arabia: Saudi-based Dar Al Majed Real Estate Company has announced that it has signed an addendum to the credit facilities agreement previously concluded with Banque Saudi Fransi (BSF). |
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| Diriyah unveils 1.9km main spine within mega Saudi development
Saudi Arabia: Diriyah Company, the developer of Saudi Arabia's premier historical, cultural, and lifestyle destination, has announced the launch of a 1.9-km-long main spine within its mega development in the kingdom's ancient city. |
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| Heisco, Shanghai Electric eye Kuwait utility project upgrade work
Kuwait: Kuwait's Ministry of Electricity, Water and Renewable Energy has announced that it has received bids from only two entities - Heavy Engineering Industries and Shipbuilding Company (Heisco) and Shanghai Electric Group |
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| Acwa raises Shuaibah IWPP stake to 62% after Badeel acquisition
Saudi Arabia: Saudi utility developer Acwa has completed its acquisition of a 32 percent stake in Shuaibah Water and Electricity Co. from Badeel for SR843.3 million ($224.8 million), increasing its ownership in the project company to 62 percent. |
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| Mideast Stocks: Gulf equities edge lower as Iran war enters third week
Saudi Arabia: Most Gulf equities slipped on Sunday as the US-Israeli war on Iran entered its third week with US President Donald Trump threatening further strikes on the Kharg Island oil export hub and Tehran vowing to intensify its response. |
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| S&P affirms Saudi Arabia at A+ as strong buffers offset regional risks
Saudi Arabia: S&P Global Ratings affirmed Saudi Arabia’s sovereign credit rating at A+ with a stable outlook, saying the Kingdom’s fiscal buffers, export flexibility and non-oil growth should help it withstand escalating regional conflict. |
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| Oil may extend gains as conflict threatens deeper Gulf supply losses
Saudi Arabia: Oil prices may extend gains when markets reopen on Monday as the US-Israel-Iran conflict enters a third week, with fresh attacks on energy infrastructure and continued disruption in the Strait of Hormuz threatening the largest global oil supply shock in years. |
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| Modon unveils prime residential freehold project on Reem Island
United Arab Emirates: Modon, a premier Abu Dhabi-based real estate developer and urban planner, has announced the launch of Tara Park, a centrally-located residential development on the Reem Island. |
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| Naffco, Verona Shelter JV to manufacture GenNext protective shelter systems
United Arab Emirates: Naffco Group, a global leader in safety engineering and life protection solutions based in Dubai, has announced a strategic joint venture with Finland-based Verona Shelters Group to develop and manufacture advanced civil defense and military shelter solutions for international markets. |
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| Women now make up 23% of AtkinsRéalis workforce in GCC
United Arab Emirates: AtkinsRéalis, the international engineering and design consultancy, has announced significant progress in advancing gender diversity across its GCC operations, marking one of the fastest improvements in women’s representation within the region’s engineering and infrastructure sector. |
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| Air Arabia shareholders approve 30pc dividend distribution
United Arab Emirates: Air Arabia shareholders approved the distribution of 30 per cent cash dividend for the financial year ending December 31, 2025 at the company’s Annual General Meeting (AGM). |
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| UAE-based Pakistanis send $696 million remittances
United Arab Emirates: According to data released by the State Bank of Pakistan, Pakistani expatriates residing in the United Arab Emirates sent approximately $696 million in remittances to Pakistan during February 2026, securing the top position globally among overseas Pakistani communities. |
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| UAE Ministry of Finance launches Federal Budget Yearbook 2026
United Arab Emirates: The UAE Ministry of Finance (MoF) has launched the Federal Budget Yearbook 2026 under the theme ‘Investing in People, Securing the Future’. |
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| Dubai Jewellery Group confirms sector operating at high capacity
United Arab Emirates: Dubai Chamber of Commerce, one of the three chambers under Dubai Chambers, has held a meeting with the Dubai Jewellery Group. |
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| Saudi Arabia’s pop-up retail boom is just getting started
Saudi Arabia: Short-term retail concepts are gathering pace across Saudi Arabia’s consumer market, with over 1.5 million small and medium enterprises operating in the Kingdom. |
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| Saudi POS spending climbs 11% to $4.3bn in early March as retail activity broadens
Saudi Arabia: Saudi Arabia’s total point-of-sale transactions rose 11 percent to SR16.1 billion ($4.3 billion) in the week ending March 7, with most sectors seeing positive weekly change. |
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| Aramco’s 13% rally helps Saudi stocks post second weekly gain
Saudi Arabia: Saudi Aramco extended its year-to-date rally to nearly 13 percent on Thursday, helping the Kingdom’s benchmark stock index secure a second straight weekly gain despite a weaker final trading session. |
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| Dana Gas board recommends cash dividend of $105m for 2025
United Arab Emirates: Dana Gas, one of the Middle East’s largest regional private sector natural gas companies, has recommended a dividend payment of 5.5 fils ($1.5) per share for the full year 2025. |
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| Bahrain visit visa holders exempted from overstay penalties
Bahrain: Bahrain's Nationality, Passports and Residence Affairs (NPRA) at the Ministry of Interior has announced exceptional measures regarding visit visas in light of the current circumstances due to the Iranian aggression which has resulted in the cancellation or suspension of several flights. |
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| KEC secures key power project contracts in Saudi Arabia
Saudi Arabia: KEC International, a global infrastructure engineering, procurement and construction (EPC) major, has announced that it secured new orders worth Rs14.8 billion ($161 million) for Transmission & Distribution projects in the Middle East, Africa and the Americas in addition to the home market India. |
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| Rakez expands self-storage offering with additional units in Al Hamra
United Arab Emirates: Ras Al Khaimah Economic Zone (Rakez) has expanded its self-storage offering in response to growing demand from individuals and businesses seeking convenient, secure, and flexible storage solutions within the northern emirate. |
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| Madayn unveils $637m Oman industrial cities development plan
Oman: Oman’s Public Establishment for Industrial Estates (Madayn) plans to invest more than RO245 million ($637 million) in infrastructure and development projects across the sultanate’s industrial cities between 2026 and 2030 as part of efforts to boost investment and support economic diversification, said its top official. |
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| King Salman Park Foundation awards contract for $3bn Metro-linked district
Saudi Arabia: The King Salman Park Foundation has awarded a major development contract for a residential-led mixed-use district being set up in Riyadh’s King Salman Park to a consortium led by Kolaghassi Development Company. |
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| G7 countries to release oil reserves as IEA agrees to largest ever market intervention
Saudi Arabia: Germany, Japan and Austria will release part of their oil reserves after the International Energy Agency recommended the release of 400 million barrels of oil from stockpiles, the largest such move in IEA history. |
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| 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. |