Qassim Cement Completes SR65 Million Acquisition of Ready-Mix Producer Amix

Investment
Qassim Cement Co. has completed its SR65 million acquisition of 100% of Amix for Ready Mix Concrete Co., making the concrete producer a wholly owned subsidiary.
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UAE Hiring Rebounds 4% in Third Quarter, Fastest in the Gulf, Cooper Fitch Says

Hiring in the UAE rose 4% in the third quarter of 2026, the strongest increase in the Gulf, after a 4% drop in the previous quarter, according to recruitment firm Cooper Fitch.

Yansab Third-Quarter Profit More Than Triples to SR237.3 Million on Higher Prices and Volumes

Saudi petrochemical producer Yansab said third-quarter net profit rose 220% to SR237.3 million from a year earlier, though it fell 8.3% from the second quarter as selling prices dropped.

Spain’s Acciona Wins New Lusail Utility Tunnel Contract and Renews Road Maintenance Deal in Qatar

Spanish infrastructure group Acciona has secured two operation and maintenance contracts in Lusail, Qatar, covering the city's utility tunnel network and its road tunnels, underpasses and bridges.
Bahrain

Abu Dhabi’s M42 Plans Mubadala Health Bahrain Facility at Bahrain Bay Under Deal With State Fund

Abu Dhabi-based health group M42 plans to develop Mubadala Health Bahrain, a multidisciplinary healthcare facility at Bahrain Bay, after signing an agreement with the Future Generation Reserve, a Bahraini government fund.

Finacial

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Floating Hotel Opens in Abu Dhabi

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Abu Dhabi has launched its first floating hotel at Yas Marina, marking an important step in luxury hospitality. The floating hotel, named Orchid Overnight Superyacht, also introduces a fresh experience for residents and tourists seeking unique stays. Furthermore,...
Financial

Qatar Celebrates QNB’s Digital Banking Excellence Award

QNB Group continues to lead with digital banking excellence in Qatar. The bank received a top award for Best Multi-Channel Offering. This win honors...
Investment

Saudi GDP Growth Forecast Exceeds Global Outlook with Strong Non-Oil Expansion

Saudi GDP growth will reach 4.6 percent in 2026, surpassing global projections and strengthening the Kingdom’s economic momentum. The Ministry of Finance issued its...
Iraq

Iraq Strengthens Energy Infrastructure with New Floating Gas Terminal at Khor al-Zubair

Iraq Gas infrastructure is set for another major expansion as plans move forward for a floating gas terminal at Khor al-Zubair. Iraq Gas development...
Investment

Baghdad Road Projects Boost Connectivity

Baghdad road projects are reshaping transport links across Iraq’s capital, aiming to ease congestion and support housing growth. The Baghdad governorate confirmed new work...
Bahrain

NBB Banking Innovation Earns MEED Recognition

Firstly, the NBB banking innovation strategy has earned praise across the region. Recently, the National Bank of Bahrain (NBB) received two top awards at the MEED...
Investment

UAE Ras Al Khaimah Property Prices Rise with Growing Demand

Ras Al Khaimah property market is booming as demand rises faster than supply. Many investors see Ras Al Khaimah property as a top opportunity...
Oil and Gas

Saudi Arabia Prepares for Low Oil Prices with Strategic Oil Market Shift

Saudi Arabia is signaling a new direction in oil policy. Officials have started telling allies that the kingdom can manage lower oil prices. This...
Investment

Dubai Luxury Housing Sector Gains Momentum with MAG 22 Eco Project

Dubai luxury property continues to draw global investment. In a major move, China’s engineering leader Citic Ltd. has joined forces with MAG Group. Together,...
Financial

Oman Unveils Four Major Awards with Royal Blessings

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With the royal blessings of Sultan Haitham bin Tarik, Oman launched four Sultan Awards to promote excellence in culture, research, business, digital innovation, and regional development. These Sultan Awards aim to reward achievements, strengthen Oman’s global presence, and encourage...

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