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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

14/02/2026

	KIB seals co-op agreement with Kuwaiti construction major ACICO Kuwait: Kuwait International Bank (KIB) has announced the signing of a strategic co-operation agreement with ACICO Group, a leader in the construction and industrial sectors, to provide affordable financing solutions for citizens to build their residential plot.
	Abu Dhabi property market records $3.2bn in January sales United Arab Emirates: Abu Dhabi’s residential property market began 2026 on solid footing, recording AED12 billion ($3.2 billion) in total sales across 2,600 transactions in January, according to Abu Dhabi real estate agency betterhomes.
	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.
	Aramco signs deal with Microsoft to advance industrial AI, digital transformation United Arab Emirates: Aramco, one of the world’s leading integrated energy and chemicals companies, and Microsoft have signed a non-binding memorandum of understanding (MoU) to help Aramco explore a series of digital initiatives designed to accelerate industrial artificial intelligence (AI) adoption, enhance digital capabilities, and strengthen workforce development in Saudi Arabia.
	Petro Rabigh seals 10-year deal with KBR to boost Saudi plant operations Saudi Arabia: Petro Rabigh, a joint venture between Saudi oil giant Aramco and Sumitomo Chemical, has signed up KBR, a leading technology and engineering solutions company, to provide maintenance services for its polymer plants in Rabigh, Saudi Arabia for a 10-year period.
	Abu Dhabi's XRG inks deal with YPF, Eni to boost Argentina LNG sector United Arab Emirates: XRG, the international investment arm of Abu Dhabi National Oil Company (ADNOC) said it has signed a joint development agreement (JDA) with leading Italian petroleum company Eni and Argentinian energy major YPF to advance the South American nation's LNG sector.
	Sheikh Maktoum reviews FTA’s development plans, directs continued expansion of AI-enabled services United Arab Emirates: Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance and Chairman of the Board of Directors of the Federal Tax Authority (FTA), has chaired a meeting of the authority’s Board of Directors.
	Sharjah-US trade crosses Dhs3.8b; 1,200 American firms operate in emirate United Arab Emriates: The Sharjah FDI Office (Invest in Sharjah), in collaboration with the American Chamber of Commerce in Dubai (AmCham Dubai), organised ‘Business and Golf Day 2026’ as part of joint efforts to enhance investment between the business communities of the Emirate of Sharjah and the United States of America.

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