The wire

Uzbek President Shavkat Mirziyoyev received Saudi Health Minister Fahad Al-Jalajel in Tashkent during the minister's official visit to Uzbekistan. They discussed expanding cooperation in healthcare and investment, with emphasis on digital transformation, healthcare system development, and regulation as part of strengthening bilateral ties.

Siemens inaugurates its first wholly owned factory in Egypt with a USD 6.9 million investment, expanding its local production footprint and strengthening Egypt’s position as a regional industrial hub.

Saudi vehicle sales generated $38.4 million (AED 141 million) for Lucid during the first quarter.

UAE edtech firm Alef Education has reached 2 million registered students across 19,000 schools worldwide as demand for AI-powered learning grows

Dubai's real estate tokenisation model is emerging as a global benchmark by linking digital ownership to the official property registry, says Arabian Gulf Properties

Brookfield announces approximately $2 billion first close of a Middle East-focused fund anchored by the Public Investment Fund (PIF).

Officials expect that integration to shorten litigation timelines and raise consistency across judicial procedures.

It will maintain a substantial presence in the UAE, joining a growing list of investment heavyweights

enNecessary works for early warning systems for fires at the Holy Sites during Hajj

Entity: General Security (General Projects and Maintenance Administration) — General Projects and Maintenance Administration at General Security • Activity: General contracting for buildings (construction, repair, demolition, refurbishment) • Type of competition: Public tender • Reference number: 260739010048 • Deadline for bids: 2026-08-20

enProject: Delivering optical fiber cabling to university warehouses network

Entity: Imam Muhammad bin Saud University — General Administration of Purchases and Tenders · Activity: trading in construction materials, electrical, and sanitary tools · Tender type: direct purchase · Reference number: 260839000382 · Deadline for bids: 2026-08-07

OPEC+ member countries agreed to increase oil production by 188,000 barrels per day in September, including Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, as part of the broader production adjustment and to accelerate compensation for previous overproduction. They reaffirmed commitment to the OPEC+ Declaration of Cooperation and will continue monthly meetings to assess market conditions, with the next meeting slated for Sept. 6.

Saudi Arabia’s budget deficit narrowed in the second quarter as higher oil revenue offset increased spending, easing pressure on government finances. The deficit shrank to SAR34 billion ($9 billion) in April, May and June, 1 percent lower than in the same period in 2025, according to the ministry of finance. The improvement was largely driven […]

FIFA is pursuing a plan to raise $4.2 billion from a holding company led by Joshua Kushner, triggering widespread backlash.

The second chapter of the RAW District vision records another complete sell-out, reinforcing investor confidence in Dubai’s next generation of lifestyle-led mixed-use destinations

The US government will grant Jordan millions of dollars in foreign assistance to support economic growth and the development of critical infrastructure. The $355 million grant, the first of its kind under the current US administration, aligns with its new foreign-assistance priorities, according to the state-run Jordan News Agency (Petra). The agreement will fund programmes […]

Aluminium Bahrain (Alba) reported net profit surged in Q2 2026 due to higher aluminium prices amid supply disruptions reducing global inventories. Net profit rose 164% year-on-year in April–June to BD65 million ($173 million), with total income rising 195% [...].

The GCC pharmaceutical market exceeded $30bn in 2025 as Saudi Arabia and the UAE ramp up life sciences investment, according to a new JLL report

A Dubai-based cryptocurrency platform with ties to Iranian interests has transferred substantial digital assets to Binance, raising questions about potential efforts to circumvent international financial restrictions. According to a detailed investigation, the unlicensed exchange known as Shelbit, operated by Iranian expatriate...

Dubai’s DP World has agreed to establish a special economic zone in Kenya, as the port and logistics operator strengthens its presence in Africa. Mombasa Industrial Park will be developed in partnership with GulfCap Africa, a Kenya-based investment and development group, the UAE state-run Wam news agency reported, citing a company statement. The project, covering 222 […]

enProject for maintenance and replacement of the air system, service dryer, and devices at the seawater desalination unit in Farasan

The entity: Saudi Water Authority – Branch Syndicate Production System · Activity: operation, maintenance, and cleaning of facilities - operation and maintenance · Competition type: direct purchase · Reference number: 260739009405 · Last date for submitting bids: 2026-08-20