News

Oman’s OQ Gas Networks launches USD 1bn sukuk programme in London

State-controlled OQ Gas Networks (OQGN) plans to raise USD 1 billion through a sukuk programme listed on the London Stock Exchange, as the Omani pipeline operator moves to diversify its funding sources.

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News

Investcorp closes second North American private equity fund at USD 1.22bn

Bahrain-based alternative investment manager Investcorp has completed the final close of its North American Private Equity Fund II at USD 1.22 billion, beating its USD 1.1 billion target and exceeding the size of its inaugural 2021 fund.

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News Real Estate

Aldar and Arada sign AED 15bn Abu Dhabi development partnership

Aldar and Arada have signed a strategic partnership worth approximately AED 15 billion covering development opportunities on Yas Island and at Seih Sdeirah, marking Sharjah-based Arada's first entry into the Abu Dhabi market.

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News

UAE tourism pipeline swells with multi-billion-dollar developments

The UAE is channelling billions of dirhams into new tourism and leisure infrastructure across Abu Dhabi, Dubai, Sharjah and Ras Al Khaimah.

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News

ADX named Arab Exchange with highest market cap to GDP ratio

The Abu Dhabi Securities Exchange (ADX) has been named the Arab Exchange with the Highest Market Capitalisation to GDP Ratio for its 2025 performance by the Arab Federation of Capital Markets (AFCM).

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News

Dubai awards AED 2bn contract for Latifa bint Hamdan Corridor

Dubai's Roads and Transport Authority (RTA) has awarded an AED 2 billion contract for the Latifa bint Hamdan Corridor Development Project, a 12km east-west route due for completion by the end of 2028.

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News

Aldar tops AED 5bn in sales from Talay and Yas Riva Reserve launches

Abu Dhabi-based developer Aldar has generated more than AED 5 billion in sales across the launches of Talay and Yas Riva Reserve, announced as the emirate hosts the inaugural Liveability and Investment Exhibition (LIVEX 2026).

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News

Gulf hotel pipeline set to add nearly 126,000 rooms by 2030

Nearly 126,000 new hotel rooms are due to open across the GCC by 2030, lifting total regional supply from close to 490,000 today to around 616,000.

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Economy News

S&P lifts Oman’s 2026 growth forecast to 3.5% on oil and trade strength

S&P Global Ratings has raised its forecast for Oman's real GDP growth in 2026 to 3.5% from 1.6%, citing higher oil production, stronger energy prices and increased trade and logistics activity, while affirming the sultanate's BBB- long-term and A-3 short-term sovereign ratings with a stable outlook.

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Economy News

China Securities opens regional office in DIFC to link Chinese and Gulf capital markets

Beijing-headquartered, publicly listed investment bank China Securities has received a license from the DIFC Authority to establish its regional presence in the Dubai International Financial Centre, and is also authorised by the Dubai Financial Services Authority (DFSA).

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