The IMF forecasts a contraction of 1.3 percent in regional economic output across the Middle East, North Africa, and Pakistan, citing heightened geopolitical pressures and disruptions.
Ooredoo and Zain Group have completed the first closing of their major regional telecom tower transaction involving over 4,000 tower sites across the Gulf.
A UAE-based company has secured a major contract to construct the giant LED exterior for the planned $1.7 billion Sphere entertainment venue in Abu Dhabi.
Oman's logistics flagship Asyad Group has announced plans to sell up to a 6.25% stake in Asyad Shipping as part of the Sultanate's broader capital market and divestment strategy.
France expands energy partnerships with the UAE and Bahrain to import 295,000 tonnes of diesel monthly amid rising fuel prices.
Saudi Arabia has officially postponed its flagship 'Davos in the Desert' investment conference until 2027 due to escalating security concerns in the region.
Saudi Arabia has officially postponed its flagship Future Investment Initiative conference to 2027, according to the event's CEO.
Gulf nations including the UAE, Saudi Arabia, and Bahrain will supply France with diesel equivalent to 10 percent of its consumption to curb surging European fuel costs.
Saudi Arabia, the UAE, and Bahrain agree to supply diesel equivalent to 10 percent of France's consumption to help lower European fuel prices.
Qatar is set to unveil an initiative establishing a local defense production center aimed at strengthening domestic manufacturing capabilities.
ZOOD Real Estate has launched Élevée, an eight-tower mixed-use development worth over SAR 2.5 billion in Riyadh's Al-Nakheel district.
Saudi Arabian stocks rose on the back of firm crude oil prices, contrasting with declines across other regional exchanges amid heightened geopolitical tensions.
The UAE Cabinet has officially approved a multi-year federal general budget plan totaling AED292.5 billion to drive economic growth and public sector programs.
Ali Alhosani has become the first Emirati national to be elected as an Executive Director at the International Monetary Fund.
Major UAE carriers including Emirates and Etihad have suspended and rescheduled flights to Saudi Arabia following disruptions at King Khalid International Airport.
Qatar Central Bank Governor held bilateral meetings with global banking officials during the annual IMF and World Bank meetings.
The 25th World Petroleum Council Energy Congress concluded in Riyadh following five days of international discussions on global energy security and transition.
UAE authorities issue a critical reminder notifying registered businesses of the imminent final deadline to submit excise tax returns and settle pending payments.
Saudi Arabia has doubled its order of intercity passenger trains to 20 units in a $359 million transaction ahead of planned service operations in 2029.
Saudi Arabia has concluded bilateral energy cooperation agreements with regional partners including Kuwait and Qatar to bolster integration.
Qatar and Saudi Arabia have signed a Memorandum of Understanding to enhance bilateral energy cooperation and strengthen regional resource partnerships.
