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Press Dossier   By Date  18/02/2026
RTA completes work on major street near Dubai Silicon Oasis
United Arab Emirates: Dubai’s Roads and Transport Authority (RTA) has completed the work related to Al Rowaiyah Street, extending 3.5 km, directly linking Sheikh Mohammed bin Zayed Road with Sheikh Zayed bin Hamdan Al Nahyan Street near Dubai Silicon Oasis and Nadd Hessa.
Alba 2025 profit surges 18.5pc to $582m on higher production, record sales
Bahrain: Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has announced solid results for FY 2025, recording a net profit of BD218.7 million ($582 million), up 18.5% over BD184.5 million ($490.8 million) the previous year
Oman announces plans for $3.8bn development projects
Oman: Oman's Projects, Tenders and Local Content Authority has announced that the total value of the government’s upcoming development projects is estimated at more than RO1.5 billion ($3.8 billion), covering both approved and under-study schemes.
Emirati GSU launches 5 MWp solar plant in Berbera
United Arab Emirates: Abu Dhabi-based Global South Utilities (GSU), a resources investment company, has inaugurated a 5 MWp grid-connected solar photovoltaic (PV) power plant in Berbera and launched the Green Berbera Vision
Sharjah to launch feasibility study for air taxi and cargo transport project
United Arab Emirates: Chaired by Sheikh Sultan Bin Mohammed Bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, the Sharjah Executive Council has approved the initial allocation of land plots for Emirati citizens scheduled for 2026, marking a major step in supporting housing and investment opportunities across the emirate.
Saudi minister launches $810m infrastructure and industrial projects
Saudi Arabia: Minister of Industry and Mineral Resources and Chairman of the Board of the Saudi Authority for Industrial Cities and Technology Zones, known as MODON, Bandar Alkhorayef, launched capital projects valued at approximately SR3 billion ($810 million), covering infrastructure, water, electricity, and ready-built factories.
Islamic syndicated financing to sustain momentum in 2026: Fitch Ratings
Saudi Arabia: Islamic syndicated financing is set to remain a key funding source in 2026 for Saudi Arabia and the UAE, due to its lower complexity compared to sukuks and bonds, according to an analysis.
Saudi-French cooperation to localize veterinary vaccine manufacturing
Saudi Arabia: In the presence of sector leaders, the National Livestock and Fisheries Development Program signed a memorandum of understanding with French company Ceva under the patronage of Minister of Environment, Water and Agriculture Abdulrahman bin Abdulmohsen Al-Fadhli, who also chairs the program’s board.
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