Dubai-based Alcazar Energy is reportedly in talks with the Egyptian authorities to acquire the Jabal Al-Zait wind farm on the Red Sea coast.

Egypt has signed deals worth $1.8 billion with Chinese and Norwegian companies as it aims to localise its renewable energy sector.

Iraq has suffered from power shortages and has plans to take electricity from its Gulf neighbours

Oman has secured new financing for its largest copper mining development yet, which is set to begin production next year.

Bahrain has approved the launch of Starlink, the satellite internet service owned by US billionaire Elon Musk.

Part of Saudi Arabia's role will be to hold the ring between Russia, China and the US

The Roshn giga-project, one of Saudi Arabia’s largest developers, now sells most of its units through its mobile application, the latest sign of growth in app-based property transactions in the region.

Private equity company EWPartners is looking to close an $800 million investment fund in Saudi Arabia, its founder has said.

Saudi Arabia’s largest listed developer has announced an agreement to build two Trump-branded projects in Riyadh with a combined value of $10 billion.

A Corporate Methodology for Entering Uncertain Markets

Saudi Arabia’s drive to sharply expand its water desalination capacity is drawing growing interest from private operators and financiers, as the kingdom targets an increase in capacity of more than 40 percent by 2030.

Crown Prince Mohammed bin Salman’s highly anticipated visit to Washington this week represents both a recognition of Saudi Arabia’s elevated geostrategic role and an opportunity to advance mutual interests in areas from defence to technology, according to analysts. Saudi Crown Prince and Prime Minister Mohammed bin Salman speaks during a meeting with U.S. President Donald Trump in the Oval Office of the White House in Washington, DC, USA, on November 18, 2025. © Evelyn Hockst

Senior officials from Saudi Arabia and Peru held virtual discussions last week about opportunities to jointly tap into 5 million tons of lithium reserves in the Andean country’s southern Puno region. Alamy via Reuters | A lithium worker in Argentina. The soft metal is a vital ingredient of EV batteries Saudi to grow EV manufacturing Lithium is critical to batteries Talks with Peru, Argentina and Chile This is the latest chapter in the kingdom’s all-of-the-above pursuit of the

Saudi Arabia’s Public Investment Fund is expanding its US footprint by backing a proposed skyscraper in New York City. Alamy/Clare Jackson via Reuters Connect Sightseers take photos of the towers that encircle Central Park in Manhattan. The PIF-backed skyscraper will be 1,200 feet tall The PIF is taking a two-thirds stake in a development site near Central Park, the Wall Street Journal reported. The 1,200-foot office building is being built in partnership with US real estate

Abu Dhabi developers have embarked on an arduous quest, seeking specialist contractors to build theme parks and other entertainment destinations. Alamy/Del Jones Photography via Reuters Connect The Mission Ferrari ride at Ferrari World – one of several theme parks on Abu Dhabi's Yas Island Theme parks planned for Yas Island Aldar: ‘Challenging to find right partners’ Miral sets July deadline for Potter tender The emirate’s project pipeline includes Disneyland Abu Dhabi and a

Public listings offer access to capital markets but they do not resolve the issues that often plague family businesses, the chairman of one of the Gulf’s largest and oldest family-owned conglomerates has told AGBI. Alamy via Reuters | Listing is seen as a way to professionalise family-run companies, but Mishal Kanoo argues that it does not fundamentally change family dynamics Interview with Mishal Kanoo 85% of Gulf companies family run IPOs can’t resolve their issues Those c

A prominent Dubai business leader has downplayed the threat of tariffs from the incoming US administration of Donald Trump. Hindustan Times/Sipa USA via Reuters | DP World chairman and CEO Sultan bin Sulayem met with Indian prime minister Narendra Modi in January Bin Sulayem: trade will thrive Tariffs will bolster Brics appeal Delivery is the big issue Sultan bin Sulayem, chairman and CEO of DP World, one of the world’s largest port operators and a flagship enterprise of the

Its managers and designers say it is the human society of the future, but others might see in it a dystopian vision of life shielded in a glass box from an uninhabitable world. Cityscape Global | Neom used virtual reality to give curious visitors a sense of what The Line will look like New collaborators announced Virtual reality demonstrations Based on walkability Leading figures behind the Neom city The Line – the boldest of Saudi Arabia’s $1.25 trillion giga-projects – made

Bahrain is to build a new airport on reclaimed land in the north west of the country. Alamy via Reuters | With Middle East air travel expected to surge, Bahrain aims to secure its aviation future with a new 50 million capacity airport Middle East passenger growth Brand new facility planned Increasing capacity levels Just three years after the new terminal building of Bahrain International Airport was officially opened, plans are being developed for a new facility following th

HSBC Holdings announced on Tuesday that the group’s operations in the Middle East and Turkey will be folded into a unit headquartered in Hong Kong from the beginning of next year. Doug Houghton/Alamy via Reuters | The entrance to HSBC's headquarters in Hong Kong. The bank's Middle East operations will be based in the building from next year Middle East unit CEO leaving Decision takes effect next year Change intended to ‘reduce duplication’ Stephen Moss, who has been based in