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DELIVERY OF KEY INFRASTRUCTURE
Bechtel lands PMC contract for Riyadh World Expo 2030
Bechtel has secured the project management consultancy contract for the 2030 World Expo in Riyadh, Saudi Arabia. The scope of work includes overseeing the delivery of infrastructure programme across the 6-sq-km site including early works and utilities.
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20000-SEAT STADIUM, OFFICE TOWER
Diriyah awards $1.53bn contract to develop mixed-use Arena district
Saudi developer Diriyah has awarded a $1.53 billion construction contract for Arena Block, a district that includes the multi-purpose indoor Diriyah Arena (with a 20,000-seating capacity), three mixed-use office buildings, and a parking facility.
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SET FOR 2029 COMPLETION
Emirates NBD closes $1bn finance deal for Dubai Metro Blue Line project
Emirates NBD has sealed a $1.1 billion finance deal with a consortium of MAPA, Limak and CRRC that will deliver the Dubai Metro ‘Blue Line’ project. Set for 2029 completion, it will provide seamless connections with the existing Red and Green lines.
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ANALYSIS
UAE navigates global tariff storm with oil stability, fiscal strength
As global markets brace for a new wave of US tariffs and shifting OPEC+ production strategies, the UAE appears firmly grounded, thanks to strategic oil exemptions, fiscal resilience, and a diversified economy, says a leading industry expert.
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ANALYSIS
Autonomous ships a reality soon, but is the industry ready, asks expert
For years, shipping’s relationship with autonomy has been one of cautious optimism, as if they were a distant sci-fi. But the reality is crewless ships are already here and will sail autonomously long before the industry feels ready, says an expert.
Top Trade News
 | Industry Sectors |
New 190-unit residential development to come up in Sharjah
Sharjah government has approved a prime plot of land in Al Dahiyat suburb of Kalba for the development of a new residential area for citizens. It will feature a total of 190 residential plots along with key lifestyle amenities including a main park.
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Sharaf DG opens its largest outlet in Abu Dhabi
Sharaf DG, a leading consumer electronics retailer in GCC, has announced the opening of its new store at Reem Mall in Abu Dhabi. Set to be its largest outlet in the UAE capital, it boasts a 36,000 sq ft retail space as well as 34 brand experience zones.
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Shell Catalysts, Technip Energies forge global alliance agreement
Shell Catalysts & Technologies and Technip Energies have signed their global alliance agreement to work exclusively together to deliver a post-combustion amine-based carbon capture solution using Shell’s Cansolv CO₂ Capture System.
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EazyPay, Tamara team up to power e-payment solutions in GCC
Eazy Financial Services, a leading Bahraini financial institution specialising in POS, has sealed a strategic partnership with Tamara, a pioneer in Buy Now, Pay Later (BNPL) model, in a move aimed at powering seamless payment solutions across the GCC.
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Younger generation of AI natives will shape the future of work
Agentic AI is driving a generational shift that will revolutionise industries and reshape workforce dynamics in ways we now have begun to understand. Soon, human and AI 'workers' will learn to coexist, collaborate and thrive together, said an expert.
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KBR wins Feed contract for ammonia plant in Iraq
KBR has announced that it has secured a front-end engineering design contract for an ammonia and urea production plant in Basra, Iraq. On completion, the ammonia plant will boast a 2,300MT production capacity and the urea facility a 3,850MT capacity.
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Global hotel pipeline robust in Q2, Mideast and Africa lag behind
The global hotel development activity increased across most regions during Q2, with notable gains in Asia Pacific and Europe, said a report. However, the Middle East and Africa was the only region to record an overall decline in hotel pipeline growth.
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EazyPay, Tamara team up to power e-payment solutions in GCC
Eazy Financial Services, a leading Bahraini financial institution specialising in POS, has sealed a strategic partnership with Tamara, a pioneer in Buy Now, Pay Later (BNPL) model, in a move aimed at powering seamless payment solutions across the GCC.
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Sobha unveils ultra-luxury Privy Collection in Dubai
Sobha Realty has announced the launch of its ultra-luxury living project, Sobha Privy Collection, featuring a set of residences across its most elite developments. Marking entry into this coveted zone is its new development-The S at Sobha Hartland II.
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Pony.ai to start autonomous vehicle pilot trials in Dubai
Roads and Transport Authority has signed a deal with Pony.ai, a specialist in autonomous driving tech, to begin pilot trials of driverless vehicles in Dubai. Pony.ai recently unveiled 7th generation vehicles jointly developed with top global car makers.
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ROSHN teams up with CST for 'Recycle Your Device' initiative
ROSHN Group is partnering with the Communications, Space & Technology Commission (CST) for a nationwide CSR initiative, Recycle Your Device. Under this campaign, which run until December, aims to recycle 100,000 devices over the next six months.
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Bechtel lands PMC contract for Riyadh World Expo 2030
Bechtel has secured the project management consultancy contract for the 2030 World Expo in Riyadh, Saudi Arabia. The scope of work includes overseeing the delivery of infrastructure programme across the 6-sq-km site including early works and utilities.
More…
DAE unit to launch aviation training programme in Jordan
Amideast has signed an agreement with Jordan Aircraft Maintenance Company, a unit of Dubai Aerospace Industries, under which it will provide comprehensive training to 60 young students mainly in interpersonal skills development and digital knowledge.
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The Avenues – Bahrain kicks off Shop & Win summer campaign
The Avenues – Bahrain, the largest seafront shopping and entertainment destination in the kingdom, has launched its two-month-long Shop & Win summer campaign, offering shoppers a chance to win the grand prize - a 2025 Maserati Grecale Modena SUV.
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