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IAEA Mission Says UAE Responded Effectively to May Drone Strike Near Barakah Nuclear Plant

A six-member IAEA team concluded that UAE authorities and the Barakah Nuclear Power Plant acted effectively to maintain safety after a May drone strike cut off-site power to Unit 3.

Emirates NBD Nine-Month Profit Rises 2% to AED19.3 Billion as Loans Jump 27%

Emirates NBD, Dubai's largest bank, said nine-month profit rose 2% to AED19.3 billion, as record income offset higher impairment, hyperinflation and tax charges.

Qatar’s Aamal Says Energy Unit Wins Five-Year Procurement Contract Worth More Than QAR100 Million

Doha-listed Aamal Company said its subsidiary Aamal Energy signed a five-year contract with a local company to provide procurement services, with an initial value of more than QAR100 million.

G42 Signs Non-Binding Pacts With Yann LeCun’s AMI Labs to Explore AI World Models in the UAE

G42 and its portfolio company Analog signed non-binding memoranda of understanding with Paris-based Advanced Machine Intelligence, co-founded by Yann LeCun, covering world models, compute infrastructure and sovereign cloud.

UAE Cuts Tourist VAT Refund Time to One Business Day as Tax Authority Launches AI Platform

The Federal Tax Authority said tourist VAT refunds now take one business day, down from about nine, as it launched an AI-powered platform at Abu Dhabi, Dubai and Sharjah airports.

Dubai’s WETEX Opens With 3,000 Exhibitors as DEWA Solar Park Capacity Reaches 4,660 Megawatts

The 28th Water, Energy, Technology and Environment Exhibition opened at the Dubai World Trade Centre with 3,000 exhibitors from 60 countries, as DEWA put its solar park capacity at 4,660 megawatts.

Saudi Cabinet Approves New Patent and Design Laws, Extends Rural Farm Program to 2032

Saudi Arabia's Cabinet approved new laws covering patents and utility models, designs, integrated circuit layout designs and new plant varieties, and extended the Sustainable Rural Agricultural Development Program to the end of 2032.

Mubadala Bio and Eli Lilly to Package Mounjaro and Other GLP-1 Medicines in Abu Dhabi

Abu Dhabi's Mubadala Bio and Eli Lilly and Company agreed to localize the packaging and logistics of Lilly's GLP-1 medicines in the emirate, supported from a 125,000-square-meter site in KEZAD.

Oman Signs Deal for 800,000-Square-Meter Malkai Resort and Villa Complex in Barka

Oman's Ministry of Heritage and Tourism signed an agreement with Al Mursal Trading and Investment to develop Malkai, an 800,000-square-meter resort and freehold villa complex in Barka.

Veolia-Bahwan Venture Wins Five-Year Contract to Run Oman’s Al Asilah Desalination Plant

Bahwan Veolia Water, a partnership between France's Veolia and Oman's Bahwan Engineering Company, won a five-year contract to operate and maintain the 80,000 cubic meter a day Al Asilah Desalination Plant.

Qatar Airways to Fly to Western Sydney From December 2027, Its Seventh Australian Gateway

Qatar Airways will start three weekly flights between Doha and Western Sydney International Airport on December 15, 2027, making it the state carrier's seventh gateway in Australia.

Kuwait Raises $3.25 Billion From Two-Part Dollar Bond as Orders Peak at $9.1 Billion

Kuwait raised $3.25 billion from a two-tranche international bond issue dated October 19, with investor orders peaking at $9.1 billion, about 2.8 times the deal size, the Ministry of Finance said.
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