Saudi Arabia has introduced five new maritime shipping services to strengthen trade routes via the Red Sea, ensuring supply-chain continuity amid regional disruptions affecting the Strait of Hormuz.

talabat UAE has launched an initiative to provide 100 rent-free cloud kitchen spaces to homegrown restaurant brands, aiming to ease cost pressures and support expansion across the country’s F&B sector.

Group Amana has been awarded a contract by DP World to develop a multi-tenant warehouse facility at JAFZA in Dubai.

Retal Urban Development Company has signed a USD 800 million agreement with Omani authorities to develop three neighbourhoods within Sultan Haitham City, the sultanate’s largest urban development project.

Eagle Hills has signed a memorandum of understanding with Awqaf Abu Dhabi to develop a AED1 billion commercial project supporting the “Mother of the Nation Endowment for Orphans” initiative.

The Central Bank of the UAE has introduced a comprehensive “resilience package” to support the banking sector and wider economy amid ongoing regional uncertainty.

The UAE Ministry of Finance has launched the first phase of its Research and Development (R&D) Tax Incentives Programme, offering businesses tax credits of up to 50% on qualifying R&D expenditure, capped at AED 5 million.

Vision Hospitality, the parent company of McGettigan’s, is acquiring Bla Bla Dubai as it expands its footprint across the UAE’s nightlife and leisure sector.

Saudi Industrial Investment Group is developing a USD 370 million bio-protein facility in Jubail Industrial City to support the growth of Saudi Arabia’s aquaculture sector.