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Kuwait’s KPC explores USD 7bn pipeline stake sale

Kuwait Petroleum Corporation (KPC) is holding early-stage talks with global investors over a potential USD 7 billion stake sale in its crude oil pipeline network, in a deal that mirrors recent Gulf infrastructure monetisation strategies.

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UAE non-oil business growth hits one-year high

Business activity in the UAE’s non-oil private sector accelerated in February, with the S&P Global UAE Purchasing Managers’ Index rising from 54.9 in January to 55.0 – its highest level in a year.

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Dubai’s Parkin targets USD 166m public parking revenue as portfolio expands

Parkin Company plans to expand its portfolio in 2026, adding between 5,500 and 7,500 new parking spaces and targeting public parking revenues of AED 560–610 million (USD 166 million), up to 16.3% growth year-on-year.

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Etihad signs sponsorship deal with McLaren Racing

Etihad Airways has entered a new sponsorship agreement with McLaren Racing, expanding Gulf aviation’s footprint in global motorsport.

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Dubai Aerospace to acquire Macquarie AirFinance in USD 7bn deal

Dubai Aerospace Enterprise (DAE) has agreed to acquire Macquarie AirFinance from Australia’s Macquarie Group for an enterprise value of USD 7 billion.

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Dubai awards AED 2.5bn in new stormwater drainage contracts

Dubai has awarded AED 2.5 billion (USD 680 million) in contracts to expand and strengthen its stormwater drainage network, supporting long-term urban resilience.

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UAE Central Bank unveils world’s first sovereign financial cloud

The Central Bank of the UAE (CBUAE) has partnered with Core42 to launch what it calls the world’s first Sovereign Financial Cloud Services Infrastructure (SFCSI), a dedicated, AI-powered cloud ecosystem for the financial sector.

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Invest Bank returns to profit with AED 161 m turnaround in FY25

Invest Bank has returned to profitability after seven consecutive years of losses, reporting AED 161 million in net profit for FY25, compared to a loss of AED 189.29 million in FY24.

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DIFC report shows global wealth shifting toward AI, private markets and impact

Dubai International Financial Centre (DIFC) has released its Global Wealth Outlook 2026, highlighting a structural shift in how the world’s richest investors approach growth.

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Antier launches VARA-compliant crypto exchange platform for UAE and MENA

Antier has introduced a VARA-compliant white-label cryptocurrency exchange platform tailored for financial institutions operating in the UAE and wider MENA region.

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