Latest News

Global economy faces $1.5 trillion loss due to delayed mega projects by 2030: Report
Middle East emerges as epicenter of global construction boom with surging megaprojects

Earth intelligence market to hit $20 billion by 2030 as private sector growth accelerates: Report
As private firms invest more, Earth intelligence will account for over 50 percent of total spending by 2030

Saudia Group achieves global leadership in on-time performance with 91.33 percent arrival rate
New AI systems optimize flight planning, improving coordination across all the airline’s sectors

Saudi Arabia’s industrial production index grows 1.5 percent in May on mining, manufacturing
The mining and quarrying sub-index rose by 2.1 percent year-on-year

Binance launches Sharia Earn as first multi-token staking service compliant with Islamic finance principles
The Islamic finance market exceeds $4 trillion, yet many Muslims are excluded from crypto

UAE General Budget Committee discusses 2026 draft budget, reviews 2025 position
Committee reviewed the budget proposals submitted by various federal entities for the 2026 fiscal year

ADNOC Gas inks $400 million LNG supply agreement with Germany’s SEFE
Agreement signed for the delivery of 0.7 million tons of LNG with deliveries commencing this year

Saudi Arabia’s CMA approves key amendments to investment funds regulations to boost competitiveness, protect investor rights
Key amendments expand distribution categories, allowing electronic money institutions to distribute fund units

Dubai’s half-year real estate sales hit $88.76 billion as population growth fuels housing demand
The influx of nearly 90,000 new residents in the first quarter added pressure to an already supply-constrained housing market

UAE’s G42 plans $2 billion hyperscale data center in Vietnam
G42's local partners for the project include FPT Corp, VinaCapital and Viet Thai Group

Abu Dhabi’s Zayed National Museum to open in December 2025 to honor Sheikh Zayed’s legacy with 300,000 years of history
Artefacts include the Abu Dhabi Pearl and the Blue Qur’an, highlighting Emirati cultural significance
