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Saudi Construction Activity Surges 82% as PIF Takes a Back Seat and Private Investment Gains Momentum

Saudi construction growth has accelerated sharply in 2026 despite changes in government-backed project spending. Contractor awards reached $32 billion during the first half of...

CFI Appoints Federico Cirulli as Chairman as Trading Group Strengthens Leadership for Global Expansion

CFI leadership is entering a new phase after Federico Cirulli took over as chairman of the group's board. The appointment marks another step in...

Saudi-UAE Payment Delays Raise Costs for Businesses and Disrupt Cross-Border Trade

Payment delays between Saudi Arabia and the UAE are creating growing challenges for businesses. Companies now face longer transfers, additional checks, and higher transaction...

UAE Professionals Remain Confident as 91% Plan to Continue Living and Working in the Country

More than nine in 10 UAE professionals plan to remain in the country over the next year, according to new research. The findings show...

UAE Non-Oil Businesses Record Fastest Growth Since 2024 as New Orders and Output Surge

UAE non-oil businesses recorded their strongest improvement in business conditions since December 2024. Stronger orders, higher output, and rising exports supported the latest expansion....

Iraq Oil Minister Meets BP and ConocoPhillips to Advance Oil and Gas Industry Development and Investment Plans

The Iraq oil sector is exploring new development opportunities through discussions with major international energy companies. Oil Minister Basim Al-Abadi met representatives from BP...

Bahrain All Share Index Falls 1% in August Despite Surge in Trading Activity and Stronger GCC Markets

Bahrain stocks weakened in August as the All Share Index extended its decline for a second month. The benchmark ended the month at 1,936...

Adam Neumann’s Flow Targets First UAE Real Estate Investment as Dubai and Abu Dhabi Expansion Nears in 2027

UAE investment is attracting Flow as the property company prepares its first projects in Dubai and Abu Dhabi. The US-based company plans to enter...

Saudi Arabia Accelerates Expo Riyadh 2030 Construction as Local Sourcing Shields Project from Regional Supply Disruptions

Saudi construction is helping Expo Riyadh 2030 maintain progress despite growing regional supply chain risks. The project has increased its reliance on materials produced...

UAE Cables See Rising Demand Amid Supply Chain Disruptions and Data Centre Growth

UAE cables are seeing stronger demand as major projects increasingly rely on domestic suppliers. Shipping disruptions during the regional conflict encouraged companies to seek...

Saudi Arabia Raises $3.25 Billion Through Two-Tranche Sukuk as Strong Investor Demand Supports 2026 Borrowing Plans

Saudi sukuk attracted strong investor interest as Riyadh raised $3.25 billion through a new two-tranche issuance. The latest transaction highlights Saudi Arabia’s continued access...

Dubai Gold Prices Fall Further as 24K Rate Drops to Dh519.25 per Gram Amid Rising Treasury Yields and Market Tensions

Dubai gold prices continued their decline on Wednesday as the precious metal faced renewed pressure in global markets. The 24K rate fell to Dh519.25...
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