The UAE s real gross domestic product grew by 3 percent in the first quarter of 2026 to reach AED485 billion ( 132.06 billion) at constant prices while non-oil GDP grew by 4.8 percent raising its contribution...

A fresh attack on a commercial vessel near the Strait of Hormuz and the diversion of Saudi-operated tankers away from the Red Sea underscored mounting risks to global energy supplies on Tuesday even as...

The Kingdom of Saudi Arabia remains one of the world s most active real estate development markets supported by robust non-oil economic growth ongoing regulatory reform and a substantial pipeline of infrastructure...

Gulf Warehousing Company (GWC Group) one of the region s leading logistics groups has signed a 15-year leasing agreement with Safari Shopping Center to establish a dedicated commercial retail facility...

Dubai Future Foundation said it has joined hands with global vehicle technology company Oxa to launch a joint venture focused on developing autonomous logistics solutions as the emirate seeks to strengthen...

Oman s Public Establishment for Industrial Estates (Madayn) has announced that its Ibri Industrial City has attracted investments worth about RO25 million ( 65 million) during the first half signing 17...

Saudi Arabia has launched a major international initiative to safeguard global shipping lanes securing the backing of 14 countries for a proposed Maritime Defense Alliance as escalating conflict between...

Saudi Arabia s Al Babtain Food Company has announced plans to sell its entire 3% stake in Jordan-based Chocolate Lake Company for Chocolate and Confectionery Manufacturing to Dubai International Financial...

Global chemical leader Saudi Basic Industries Corporation (Sabic) has announced that it has completed the sale of its engineering thermoplastics (ETP) business in the Americas and Europe to Mutares SE...

Saudi Arabia s Nama Chemicals has announced that it has initiated arbitration proceedings against a consortium comprising Green Dimension Company for Environmental Services and Confident Engineering International...

Taqa Abu Dhabi National Energy Company has issued a 750 million Blue Bond to support sustainable water and wastewater management projects marking the largest Blue Bond ever issued by an integrated power...

Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) Saudi Arabia s leading manufacturer importer and distributor of air conditioners and home appliances said it focused on strengthening its operational...

Saudi Arabia s National Company for Glass Industries (Zoujaj) has announced that it has resumed operations at a production line that was damaged by a fire last year while raising its estimate of repair...

EMSTEEL one of the largest publicly traded steel and building materials manufacturers in the region reported revenues of AED2.4 billion ( 653.51 million) for the second quarter of 2026 (Q2) an increase...

Bahrain has reinforced its economic and investment partnerships with France and the Principality of Monaco following a high-level four-day mission led by Noor bint Ali Alkhulaif Minister of Sustainable...

Robo.ai a Dubai-based technology company dedicated to building an artificial intelligence machine economy platform has announced that it has joined hands with Abu Dhabi-based Eleven International Holding...