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Gulf States to Sign GCC Railway Agreement in Bahrain on November 8, Bahrain’s Transport Minister Says

The planned 2,117-kilometer network would link Kuwait City with Muscat through all six Gulf Cooperation Council states.

Saudi Re Nine-Month Net Profit Rises 63% to SR194.2 Million as Reinsurance Revenue Jumps 73%

Third-quarter profit rose 6% to SR32.6 million, while gross written reinsurance premiums for the nine months climbed 50% to SR3.93 billion.

Oman’s Food Sector Value Added Grows 9.8% to RO1.56 Billion in 2025 as Local Production Reaches RO2.9 Billion

Local production supplied RO2.9 billion of the RO5.2 billion of food available in Oman in 2025, with imports making up RO2.3 billion, official statistics show.

PIF’s Saudi Downtown Company Launches Khobar Downtown With More Than 4,000 Homes and 500 Hotel Rooms

The waterfront project in Al Khobar covers more than 829,000 square meters and includes offices, shopping space and more than 103,000 square meters of parks.

Bahrain Clear Appoints Seven Pillars Consultancy to Review Its Clearing and Depository Operations

The independent advisor will assess Bahrain Clear's operations, regulatory frameworks, governance and technology and produce a prioritized roadmap for its post-trade services.

Christie’s First Fine Art Auction in Abu Dhabi Raises $8.94 Million, Setting Nine Artist Records

The MAWASIM evening sale of Middle Eastern modern and contemporary art was the highest-grossing Christie's sale in the category in more than ten years.

DEWA International Signs Agreement With Shanghai Electric to Explore Joint Energy and Water Projects Abroad

The memorandum covers power plants, solar, battery storage, wind, desalination, transmission and green hydrogen projects in markets outside the UAE.

Bahrain’s Mumtalakat and ARP Group Plan AI-Native Wholesale Bank After Central Bank In-Principle Approval

The proposed Bahrain-headquartered bank will serve financial institutions, payment companies and cross-border businesses, and needs final authorization before it can start regulated activities.

Bahrain Awards Golden Licenses to Four Projects Worth $3.89 Billion, Including DHL and AirAsia Aviation Ventures

The four projects span an aircraft maintenance facility for DHL, three aviation ventures led by AirAsia parent Capital A, a Meliá waterfront resort and a technology hub.

Qatar’s Ports Handle More Than 59,000 Containers in October as Vessel Calls Rise 56%, Mwani Qatar Says

The ports operator said container volumes rose 9% from September, while general cargo climbed 64% and livestock handling jumped 641%.

Dubai Allows Residential Buildings of Up to Eight Floors in Al Satwa Under Updated Planning Rules

Dubai Municipality said plots of 1,000 square meters or more, including merged plots, can qualify for a ground floor plus eight residential floors.

Bahrain’s Beyon to Run a Third Data Center on Solar Power After BD544,500 Expansion of Its Solar Park

Phase 5 of the Beyon Solar Park, built with Almoayyed Solar, will add 1.5 MWp of capacity and is expected to generate about 2.5 GWh a year.
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