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Stay informed on the latest legal, regulatory, business and market developments relevant to Saudi Arabia and the region.
Abu Dhabi master developer Aldar said its revenue grew in the first nine months of 2026 but UAE real estate sales dropped by almost half during the US-Israeli war with Iran.
UAE state-owned defence conglomerate Edge Group has begun talks to secure drone engines after acquiring a controlling stake in Italian engineering company CMD.
US asset manager Apollo Global Management is to acquire a minority stake in Abu Dhabi’s Mubadala Capital under a partnership that includes a commitment to invest in its funds.
Andrej Kuprejev owes his children a debt of gratitude for the success of his business. Today, his Dubai-based martial arts and holistic education network GMNSM is bringing a unique approach to children’s sports in the region by prioritizing character…
Syria has signed a $147 million agreement with Qatari firm Almohannadi for the rehabilitation and expansion of a 170-kilometer road connecting Damascus to the Iraqi border, aimed at enhancing transport infrastructure and regional trade.
The Ministry of Interior launched on Monday the “Absher Travel for Visitors” service electronically through the Absher app for Gulf Cooperation Council (GCC) nationals and other visitors arriving through all of the Kingdom’s land border crossings.
London-listed Dar Global is considering launching a real estate fund focused on Dubai as part of its strategy to deploy capital across international real estate markets.
Abu Dhabi renewable energy company Masdar is acquiring a solar project in Greece. Terna Energy, through which Masdar is expanding across southeastern and central Europe, will acquire the 550MW solar photovoltaic facility from Lightsource bp, a London-based…
Qatar Chamber and Kyrgyzstan’s Chamber of Commerce and Industry signed two agreements to boost bilateral economic ties and establish a joint Qatari-Kyrgyz business council.
Abu Dhabi National Oil Co. has unveiled more than 60 billion dirhams ($16.3 billion) in local manufacturing opportunities through 2030, as the UAE energy giant seeks to boost domestic production and strengthen industrial supply chains.
Dubai has launched the third phase of its stormwater drainage project, which will expand the network by almost 100 kilometres. Four new projects were awarded under the latest phase of the AED30 billion ($8.2 billion) Tasreef programme, launched in 2024, the…
Dar Global aims to leverage its investor network spanning nearly 120 nationalities to attract more foreign capital to Saudi Arabia’s property market, CEO Ziad El Chaar told Asharq Al-Awsat.