| Saudi Arabia’s Qiddiya City to open Six Flags theme park in December
Saudi Arabia: Saudi Arabia will open its first Six Flags theme park on Dec. 31, 2025, as Qiddiya City accelerates efforts to position itself as a major regional hub for entertainment, sports, and culture. |
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| Saudi Arabia’s cultural sector enters new era of growth
Saudi Arabia: Saudi Arabia’s cultural economy is entering a new phase of expansion, continuing to not only develop but also thrive as a key part of the Kingdom’s broader transformation under Vision 2030. |
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| Venture ecosystem rewires real estate sector
Saudi Arabia: Construction, real estate, and digital infrastructure dominated this week’s venture landscape across the Middle East and beyond, with startups securing strategic funding, forging cross-border acquisitions, and unveiling innovative financial tools. |
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| Abu Dhabi residential market records 12-month transaction peak in Q3: Savills
Saudi Arabia: Abu Dhabi’s housing market logged more than 6,500 transactions in the third quarter of 2025, the highest in a year, as population growth and new project launches drove a surge in off-plan sales. |
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| UAE solidifies ranking as world’s most attractive investment hub
United Arab Emirates: The UAE has cemented its position as one of the world’s most attractive destinations for investment, underpinned by an open economic system that offers a secure and inclusive operational environment. |
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| Saudi Arabia draws $173bn in early November investment push
Saudi Arabia: Saudi Arabia booked $173 billion in investment commitments across multiple sectors in early November, driven by activity at the Biban forum, the inaugural TOURISE Summit and the Future Investment Initiative. |
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| EDGE showcases 42 new launches at Dubai Airshow
United Arab Emirates: EDGE, one of the world’s leading advanced technology and defence groups, will lift the veil on 42 new products and solutions at Dubai Airshow 2025, delivering one of the most ambitious launches in its history. |
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| Strong demand marks debut of BEEAH’s Khalid Bin Sultan City
United Arab Emirates: BEEAH has reported exceptional sales for phase 1 of Khalid Bin Sultan City, its first flagship real estate development, with one residential node fully sold out during the launch event held at BEEAH Headquarters. |
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| Etihad delivers record nine-month profit of Dhs1.7 billion
United Arab Emirates: Etihad Airways has continued its record-setting performance, achieving its strongest nine-month results in history and sustaining growth across all core business areas. The performance highlights the airline’s growth, rising customer satisfaction, and continued efficiency improvements. |
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| Saudi Arabia to host landmark Innovation Driven Water Sustainability Conference in Jeddah
Saudi Arabia: Saudi Arabia will host one of the world’s most influential gatherings dedicated to water innovation and sustainability next month in Jeddah. |
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| Saudi POS transactions hit $3.6bn in early November amid airline spending boost
Saudi Arabia: Saudi Arabia’s total point-of-sale transactions reached SR13.71 billion ($3.65 billion) in the week ending Nov. 8, driven by increased spending on airlines. |
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| Emirates highlights extra busy December with over 2.3 million departures, 2.5 million arrivals
United Arab Emirates: Emirates is advising all customers of a significant travel surge throughout the month of December. With peak tourist season in full swing, a myriad of local events and recent changes to the Knowledge and Human Development Authority (KHDA) calendar ensuring schools are closed for most of December, Emirates is planning for more than 2.3 million departures over the next few weekends, and more than 2.5 million arrivals. |
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| AD Ports Group reports net profit of Dhs596 million in Q3 2025
United Arab Emirates: AD Ports Group on Friday reported that its revenue soared 16 per cent year-on-year (YoY) to Dhs5.39 billion in Q3 2025, driven by the Maritime & Shipping, Ports, and Economic Cities & Free Zones clusters. |
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| India’s Nuberg EPC snaps up Oman chemical plant order
Oman: India’s Nuberg EPC, a global leader in engineering, procurement, and construction (EPC) services for the chemical process industry, has been awarded a contract to execute a Chlor-Alkali expansion project with a 120 tonne per day capacity and a 80 TPD Calcium Chloride Plant for Al Ghaith Chemical Industries at Sur Industrial City, Oman. |
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| Bilfinger lands Feed contract for UAE’s first LPG terminal hub
United Arab Emirates: International industrial services provider Bilfinger has announced that it has secured a major contract from Nimex Terminals to provide comprehensive engineering services for the development of the UAE’s first Liquified Petroleum Gas (LPG) terminal hub being set up at Abu Dhabi. |
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| Microsoft, G42 announce major UAE datacenter capacity expansion
United Arab Emirates: Microsoft and G42 have announced plans for a 200-megawatt (MW) expansion of datacenter capacity, delivered through Khazna Data Centers, a subsidiary of G42. |
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| Middle East’s sports economy holds $75bn growth potential, report estimates
The Middle East’s sports economy has a $75 billion growth opportunity, driven by the need to close a significant participation gap, a new report showed. |
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| TOURISE 2025: Saudi TDF secures $773m in tourism investments
The Saudi Tourism Development Fund, the national enabler of the tourism sector, launched its participation in the “TOURISE 2025” forum by announcing a portfolio of strategic projects and partnerships with a total value of SR2.9 billion ($773.2 million). |
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| NMDC Energy, Baker Hughes sign deal to localize offshore solutions in Saudi Arabia
Abu Dhabi-based NMDC Energy has signed a memorandum of understanding with US energy technology firm Baker Hughes to localize offshore solutions in Saudi Arabia. |
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| AlUla to double hotel room supply in year-round tourism push
AlUla has increased its aviation capacity to 30 weekly flights and is aiming to double its hotel room supply to 2,000, a senior figure in the organization tasked with developing the area told Arab News. |
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| Gulf-Egypt trade and investment forum kicks off in Cairo
The Gulf‑Egypt Trade and Investment Forum 2025 launched in Cairo on Nov. 10 under the theme “Roadmap towards enhancing Egyptian‑Gulf economic cooperation.” |
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| Qatar, Japan launch $2.5bn private equity fund to deepen economic ties
Qatar and Japan have partnered to create a $2.5 billion private equity fund, marking the Gulf state’s first domestic investment into the Asian country. |
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| Saudi reinsurance market aims to attract foreign investors
Saudi Arabia has become an attractive market for international players in the insurance and reinsurance sector, with rising interest from foreign companies in entering the Kingdom, as confirmed by two officials to Asharq Bloomberg. |
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| Saudi Monsha’at, NCIM ink deal to empower SMEs
Saudi Arabia’s Small and Medium Enterprises General Authority, also known as Monsha’at, has signed a deal with the National Center for Inspection and Monitoring to foster collaboration in key areas such as conducting targeted studies. |
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| Mining, manufacturing sectors drive Saudi industrial growth to 9.3%: GASTAT
Saudi Arabia’s Industrial Production Index rose 9.3 percent year on year in September, driven by strong growth in manufacturing, mining, and quarrying, official data showed. |
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| Saudi Arabia eyes top 10 global tourism ranking, says Al-Khateeb
Saudi Arabia is on track to rank among the world’s top 10 tourist destinations, according to Minister of Tourism Ahmed Al-Khateeb. |
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| Dubai’s economy expands 4.4% in H1 as growth broadens across sectors
Dubai’s economy grew 4.4 percent in the first half of 2025 to 241 billion dirhams ($65.6 billion), driven by growth in healthcare, construction, and real estate, reinforcing its status as one of the world’s most competitive urban economies. |
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| Riyadh gears up for 1st TOURISE 2025 under Crown Prince’s patronage
Under the patronage of Crown Prince and Prime Minister Mohammed bin Salman, Riyadh is set to host the inaugural edition of the TOURISE 2025 Summit, organized by the Ministry of Tourism from Nov. 11 to 13. |
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| KCCI hosts US trade delegation to boost economic, investment ties
The Kuwait Chamber of Commerce and Industry (KCCI) hosted a US trade and economic delegation on November 9, 2025, aimed at enhancing cooperation and investment opportunities between the two countries. |
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| Biban Forum 2025 concludes with over $10bn in agreements
The Small and Medium Enterprises General Authority, or Monsha’at, concluded the Biban Forum 2025, held over four days under the theme “Global Destination for Opportunities.” |
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| GCC economic growth set to accelerate to 4.3% by 2027: GCC-Stat
Economic growth across the Gulf Cooperation Council is set to accelerate to 4.3 percent by 2027, driven by expanding non-oil sectors, following a balanced 1.9 percent rise in gross domestic product in 2024, according to official data. |
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| Oman’s bank credit up 8% to $90bn as non-oil sector expands
The total credit extended by the banking sector in Oman rose by 8 percent year on year to reach 34.5 billion Omani rials ($89.7 billion) by the end of September, official data showed. |
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| MENA startup funding drops to $784.9m in October
Startup funding in the Middle East and North Africa region posted an annual rise of 395 percent in October, indicating ongoing investor confidence, according to Wamda’s monthly report. |
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| Qatari Diar to invest $29.7bn in Egypt project
Qatari Diar, the real estate arm of Doha’s sovereign wealth fund, will invest $29.7 billion in a luxury development including golf courses and marinas on Egypt’s Mediterranean coast, a source with direct knowledge said on Wednesday. |
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| Riyadh office rents surge 15% as reforms boost Saudi property market: CBRE
Saudi Arabia’s ongoing economic diversification push is energizing its property market, with office rents in Riyadh climbing 15 percent year on year and occupancy hitting 98 percent, CBRE said. |
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| MENA M&A activities maintain growth with $69.1bn in deals: EY
Mergers and acquisitions in the Middle East and North Africa region reached $69.1 billion in the first nine months of this year through 649 deals, marking a 23 percent year-on-year rise, a new analysis showed. |
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| Saudi Arabia arrests 21,647 undocumented residents in one week
Saudi authorities arrested 21,647 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday. |
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| Kuwait and China to see ‘enhanced cooperation’ in development projects
His Highness Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah, Prime Minister of Kuwait, chaired on Wednesday the 33rd meeting of the ministerial committee tasked with following up on the country’s major development projects. |
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| Biban 2025: Day 3 sees more than $2bn pledged to support SMEs
The third day of Biban Forum 2025 saw the signing of 11 agreements and memorandums of understanding and the launch of seven financing portfolios with a total value above SR7.6 billion ($2.03 billion). |
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| Monsha’at and LinkedIn sign MoU to support high-growth companies at Biban 2025
Saudi Arabia’s Small and Medium Enterprises General Authority, known as Monsha’at, has signed a memorandum of understanding with LinkedIn during the Biban 2025 Forum, held from November 5 to 8 at the Riyadh Front Exhibition and Conference Center under the theme “A Global Destination for Opportunities.” |
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| Ma’aden profit surges 91% to $1.51bn in first 9 months of 2025
Saudi Arabian Mining Co., also known as Ma’aden, reported a net profit of SR5.67 billion ($1.51 billion) in the first nine months of 2025, up 91 percent from the same period a year earlier. |
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| Up to $2m pledged to 13 fintech startups at Biban Investors’ Arena
The Investors’ Arena at Biban Forum 2025, recorded 37 investment intentions during day two, with a total value of SR7.4 million ($1.97 million). |
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| Saudi POS transactions surge above $4bn in late October, up 37%
Saudi Arabia’s total point-of-sale transactions rose to SR16.02 billion ($4.27 billion) in the week ending Nov. 1, maintaining momentum above the $3 billion mark for a fourth consecutive week, official data showed. |
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| Day 2 of Biban 2025 sees 21 agreements, 5 initiatives launched
The second day of the Biban Forum 2025 witnessed the signing of 21 agreements, as well as the launch of five new initiatives. |
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| Biban 2025: Monsha’at report highlights surge in SME growth, funding
Saudi Arabia’s Small and Medium Enterprises General Authority, Monsha’at, said the Kingdom’s entrepreneurial landscape is expanding rapidly, with SME financing, employment, and business registrations reaching record levels. |
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| Saudi Arabia, US set to deepen cooperation on mining, critical minerals
Saudi Arabia and the US are set to deepen cooperation in mining and critical minerals as senior officials met in Riyadh to strengthen supply chains vital to the global energy transition. |
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| PIF-backed Savvy Games, Humain sign AI deal to boost Saudi innovation drive
Saudi Arabia’s Public Investment Fund-backed Savvy Games Group has signed a partnership with fellow portfolio firm Humain to deploy full-stack artificial intelligence across operations, strengthening the Kingdom’s emerging innovation ecosystem. |
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| Closing Bell: Saudi benchmark index closes in red at 11,257
Saudi Arabia’s Tadawul All Share Index slipped on Wednesday, shedding 141.55 points, or 1.24 percent, to close at 11,256.74. |
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| UAE non-oil growth steady in October as PMI hits 53.8: S&P Global
The UAE’s non-oil economy maintained steady growth in October, with the Purchasing Managers’ Index at 53.8, supported by strong new orders and robust business activity, a report showed. |
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| Oman, Spain sign 4 deals to boost green energy and trade cooperation
Oman and Spain are set to expand economic ties after signing four memorandums of understanding in Madrid aimed at boosting cooperation in green energy, water management, liquefied natural gas, and trade. |