| TAQA elects new board and chairman
United Arab Emirates: Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, on Friday announced that its shareholders have confirmed the composition of its new Board of Directors following the company’s Annual General Assembly. |
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| Arab Energy Fund delivers record net income of $282.4m
Saudi Arabia: The Arab Energy Fund, a leading multilateral impact financial institution, achieved its fourth consecutive year of record net income in 2025, supported by sustained balance sheet growth, strong funding activity, disciplined cost management, and continued portfolio optimisation across business lines. |
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| Nama Dhofar launches tender for key desalination plant in Oman
Oman: Nama Dhofar Services, a leading provider of electricity, water, and wastewater services in Oman, has invited bids from leading project developers and utility majors for the construction of Al Houtah Desalination plant in the Rakhyut province of Dhofar Governorate within the sultanate, along with other associated works. |
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| Fire reported in Ruwais Industrial Complex in Abu Dhabi after drone attack
United Arab Emirates: Abu Dhabi authorities are responding to a fire that broke out at a facility in the Ruwais Industrial Complex, caused by a drone attack. No injuries have been reported at this time, said Abu Dhabi Media office in a X post. |
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| Oil markets ‘in panic mode’ as analysts warn of even greater disruption
Saudi Arabia: Oil prices climbed above $100 a barrel on March 9 for the first time since 2022 as conflict between the US-Israel alliance and Iran continued, but analysts believe more shocks could be on the way. |
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| India-bound tanker with Saudi oil sails through Hormuz, says report
Saudi Arabia: A Greek-operated oil tanker has sailed through the Strait of Hormuz with a cargo of Saudi Arabian crude and its destination listed as India, reported Reuters citing the data from ship tracking platforms Kpler and Lloyd's List Intelligence. |
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| Bapco Energies declares force majeure
Bahrain: Bapco Energies, Bahrain’s integrated energy company, has served notice of force majeure on its group operations which have been affected by the on-going regional conflict in the Middle East and the recent attack on its refinery complex. |
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| Elsewedy Electric delivers its first utility-scale solar plant in Riyadh
Saudi Arabia: Elsewedy Electric for Power Transmission & Distribution has announced the successful completion and handover of the El Saad Solar Plant, a landmark project that has now officially entered its operations and maintenance phase. |
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| Najran Cement signs up Sinoma for Madinah power grid project
Saudi Arabia: Saudi-based Najran Cement has awarded a SAR49 million ($13 million) contract to Sinoma International Engineering Limited for the development of an electric grid connection project at Sultanah in the Madinah province. |
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| VITO Energy Engineering and Construction wins key North Field expansion work
Qatar: VITO Energy Engineering and Construction Co has recently commenced the execution of a multi-disciplinary construction scope within the North Field expansion project in Qatar. |
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| US guarantees for Gulf maritime trade ‘doable’ but could take weeks, experts warn
Saudi Arabia: A pledge by US President Donald Trump to provide insurance and naval escorts for maritime trade in the Gulf has been welcomed, but with concerns over how long it would take to come into force. |
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| QatarEnergy announces force majeure following Iran attacks: statement
Qatar: Qatar’s state-run energy firm on Wednesday declared force majeure following attacks on two of its main facilities that halted liquefied natural gas production and as Iran pressed missile and drone attacks across the Gulf. |
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| Saudi Energy reports highest-ever operating revenues of $27bn
Saudi Arabia: Saudi Energy (formerly Saudi Electricity) announced its financial results for the year 2025, delivering strong financial and operational performance with sustainable earnings growth. |
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| QatarEnergy to stop downstream production
Qatar: Further to the decision by QatarEnergy to stop production of liquefied natural gas (LNG) and associated products, QatarEnergy is stopping the production of some downstream products in the State of Qatar, including urea, polymers, methanol, aluminum and other products. |
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| Oil and gas prices surge as Hormuz stays closed; Aramco mulls Yanbu route
United Arab Emirates: Global oil and gas prices surged on Tuesday as the escalating U.S.-Israeli war with Iran disrupted energy exports from the Middle East, triggering supply fears and sending shockwaves through commodity markets. |
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| Middle East tensions prompt Gulf aluminum producers to temporarily stockpile output
Saudi Arabia: Gulf aluminum companies are maintaining normal production levels despite escalating geopolitical tensions in the region but have temporarily begun stockpiling part of their output in anticipation of export challenges and rising logistics costs. |
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| Residential unit sales of $20.69bn drive Abu Dhabi real estate market
United Arab Emirates: PureHealth, the largest healthcare group in the Middle East, and Yellow Door Energy, the leading sustainable energy partner for businesses in the Middle East and South Africa, have signed a master lease agreement to bring clean electricity to its network of hospitals and clinics in the UAE. |
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| Global energy leaders head to Riyadh for big industry event
Saudi Arabia: The Saudi capital will host an unprecedented concentration of global energy dialogue this April as Energy Week in Riyadh convenes ministers, policymakers, industry leaders, investors and technical experts for a coordinated series of high-level meetings and strategic forums. |
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| PIF-backed EV maker Lucid hits 16k 2025 deliveries, sets sights on robotaxi deployment
Saudi Arabia: Electric vehicle manufacturer Lucid Group, majority-owned by Saudi Arabia’s Public Investment Fund, announced a surge in deliveries in 2025 with volumes reaching 15,841 units, a 55 percent increase year-on-year. |
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| QatarEnergy awards EPC contract for 16 MTPA LNG plant
Qatar: QatarEnergy has awarded the engineering, procurement, and construction (EPC) contract for the onshore LNG plant of the North Field West (NFW) project, a key component of the world's largest liquefied natural gas (LNG) expansion. |
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| Buhur, Jindal to set up carbon steel pipe manufacturing plant in Saudi Arabia
Saudi Arabia: Saudi Authority for Industrial Cities and Technology Zones (Modon) has signed an agreement with a venture of Saudi-based Buhur Investment Company and Indian industrial group Jindal Saw to establish a key manufacturing plant for Helically Spiral Welded (HSAW) pipes in the kingdom. |
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| Combined Group Contracting wins $252m Kuwait Oil Company deals
Kuwait: Combined Group Contracting Company, a specialist in the construction of residential, commercial and governmental buildings as well as roads and oil and gas projects, has secured contracts worth KD77.3 million ($252 million) from Kuwait Oil Company (KOC). |
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| Safe Dubai 2026 signals new era of structured infrastructure monitoring
United Arab Emirates: Senior infrastructure leaders, regulators, consultants and technology experts from across the Middle East were in Dubai for a major forum - Safe Dubai 2026 - to accelerate the region’s shift toward a more structured and unified infrastructure intelligence ecosystem. |
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| Saudi Arabia allows contracting exceptions for firms without regional HQ
Saudi Arabia: Saudi Arabia has introduced greater flexibility into its investment environment, allowing government entities — under strict controls designed to safeguard spending efficiency and ensure the delivery of critical projects |
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| Egypt–Saudi power link set to boost regional energy integration, minister says
Saudi Arabia: Electricity interconnection projects between Egypt and Saudi Arabia will strengthen regional energy cooperation and economic integration, Egypt’s minister of electricity and renewable energy said during a visit to a key cross-border power facility. |
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| Oman’s non-oil exports rise 7.5% as diversification gains traction
Oman: Oman’s non-oil exports rose 7.5 percent to 6.7 billion Omani rials ($17.4 billion) in 2025, highlighting diversification gains even as lower crude prices dragged overall export earnings lower. |
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| RTA awards contract for key phase of Hessa Street project
United Arab Emirates: Dubai's Roads and Transport Authority (RTA) has awarded a key contract for the second phase of Hessa Street Development project spanning a 3-km-long corridor between Al Khail Road and Sheikh Mohammed bin Zayed Road. |
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| PIF’s Humain invests $3bn in Elon Musk’s xAI prior to SpaceX acquisition
Saudi Arabia: Humain, an artificial intelligence company owned by Saudi Arabia’s Public Investment Fund, invested $3 billion in Elon Musk’s xAI shortly before the startup was acquired by SpaceX. |
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| Saudi-backed Midad signs term sheet with Lukoil for sanctioned assets: Report
Saudi Arabia: Saudi Arabia-backed Midad Energy has signed a term sheet to acquire Russia’s sanctioned Lukoil assets in a high-stakes contest against rivals including private equity giant Carlyle Group, with the deal contingent on US regulatory approval, a Reuters report said citing three people familiar with the matter. |
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| Gulf expands energy exports while cutting emission: DNV report
United Arab Emirates: DNV’s Oil & Gas Decarbonisation in the Gulf Region report finds that GCC countries are pursuing a dual strategy of continued hydrocarbon expansion alongside targeted decarbonisation to maintain global competitiveness. |
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| Saudi Arabia aims to become world’s largest AI token exporter: Humain CEO
Saudi Arabia: Saudi Arabia is aiming to become the world’s largest exporter of artificial intelligence tokens as it accelerates efforts to position itself as a regional and global technology hub, according to a senior executive. |
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| UAE and Scotland forge stronger investment ties with new MoU
Saudi Arabia: The UAE and Scotland have formalized a new partnership aimed at boosting bilateral investment and economic cooperation. |
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| Saudi Arabia signs 90 deals as Global Labor Market Conference ends
Saudi Arabia: Saudi Arabia signed 90 agreements and memorandums of understanding aimed at supporting global labor markets and benefiting more than 6 million people as the Kingdom wrapped up a two-day gathering in Riyadh. |
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| GA-ASI, Calidus sign deal to produce MQ-9B, combat aircraft in UAE
United Arab Emirates: General Atomics Aeronautical Systems (GA-ASI), a world leader in unmanned aircraft systems, and Calidus Aerospace, one of the leading defence and manufacturing companies |
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| Saudization rates in marketing, sales professions announced
Saudi Arabia: Saudi Arabia’s Ministry of Human Resources and Social Development has announced the issuance of two decisions to increase Saudization rates in marketing and sales professions. |
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| Ras Al Khaimah sets New Year Guinness World Record
United Arab Emirates: Ras Al Khaimah ushered in 2026 with a 15-minute New Year’s Eve spectacle of drones and fireworks, setting a new Guinness World Records title for the largest aerial display of a phoenix formed by multirotor drones. |
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| 79% of travellers exposed to data theft through unsafe charging ports
United Arab Emirates: The UAE Cyber Security Council has warned of the growing risks associated with the use of untrusted public charging ports, confirming that 79 percent of travellers unknowingly expose their personal data to danger when charging their devices at unsecured public stations. |
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| Saudi, Indian ministers discuss strengthening cultural ties
Saudi Minister of Culture Prince Badr bin Abdullah bin Farhan met Indian Minister of Culture and Tourism Gajendra Singh Shekhawat in Riyadh on Sunday. |
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| Saudi Arabia up 5 places in IMD digital competitiveness ranking
Saudi Arabia has climbed to the 22nd spot in the 2025 World Digital Competitiveness Ranking, advancing five places from the previous year, a new report showed. |
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| Kuwait dedicates special attention to foreign relations
HH Sheikh Nasser Al-Mohammad Al-Ahmad Al-Jaber Al-Sabah affirmed that Kuwait continues to place great emphasis on strengthening its foreign relations, which have reached new heights under the leadership of HH the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah. |
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| Expats elated as Kuwait’s new visa rules spur tourism surge
Kuwait’s sweeping changes to its entry system are fueling a surge in visitor numbers, positioning the country to capture regional travel demand and family reunions this winter. As the summer fades, experts say the reforms will attract a large influx of family visa holders and short-term visitors. |
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| AlUla Development Co. reimagines resort’s cultural legacy
As Saudi Arabia accelerates efforts to diversify its economy beyond oil, AlUla Development Co. is emerging as a key force in shaping a new tourism model grounded in cultural preservation, sustainability, and community empowerment. |
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| Saudi Arabia climbs to 46th in UN Global Innovation Index
Saudi Arabia has increased its ranking in the latest Global Innovation Index to 46 out of 139 countries as the Kingdom deepens its push to become a regional hub for research and technology. |
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| Building tomorrow’s Saudi entrepreneurs with digital and soft skills
Young talents in Saudi Arabia require a combination of digital and technical skills, including artificial intelligence and data analytics, to thrive in the Kingdom’s dynamic business environment, experts told Arab News. |
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| GCC experts call for more transparent anti-corruption data
Government agencies across the Gulf Cooperation Council (GCC) should make anti-corruption data more accessible and improve its quality, experts said, as part of a series of recommendations aimed at enhancing integrity and transparency in the region. |
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| Saudi-US talks spotlight lithium, aerospace, and supply chain during high-level visit
Saudi Arabia and the US explored cooperation in sectors including lithium, aerospace, and supply chain resilience during a high-level visit led by the Kingdom’s minister of industry and mineral resources. |
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| Kuwait project empowers 1,200 young participants
Over 1,200 young Kuwaitis have pursued their ambitions across 15 different fields this year through the Public Authority for Youth’s “Our Initiatives” project, which provides financial support and training to youth-led initiatives. |
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| Record lows in Saudi unemployment drive Vision 2030 goals
Saudi Arabia’s labor market is transforming, with unemployment among the Kingdom’s nationals hitting record lows and the nation raising its Vision 2030 employment targets to reflect this accelerated progress. |
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| New ‘Nusuk Umrah’ service for international pilgrims to simplify visa and travel bookings
The Ministry of Hajj and Umrah launched the Nusuk Umrah service on Wednesday, enabling Umrah pilgrims based outside the Kingdom to directly apply for an Umrah visa and book services online without intermediaries. |
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| Saudi Arabia’s drive to build a defense powerhouse
Saudi Arabia’s military equipment manufacturing sector is undergoing a significant expansion, emerging as a pivotal element of the Kingdom’s Vision 2030 economic diversification strategy to boost domestic industrial capacity. |