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SABIC returns to profit in Q1 2026 after major turnaround efforts

Prime Highlights-  SABIC returned to profitability in the first quarter of 2026, posting a net

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Palm Jebel Ali

Construction of Palm Jebel Ali villas moves ahead with major contracts

Prime Highlights-  Nakheel has awarded $953 million in contracts for the construction of 544 villas

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Aldar

Aldar Expands Industrial Portfolio with AED650 Million KEZAD Acquisition

Prime Highlights  The three warehouses are 97% occupied by 80 tenants, with anchor names including

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Landbridge Rail

Saudi Arabia Awards Landbridge Rail Design Contract

Prime Highlights Saudi Arabia awards Landbridge railway design contract to Sener. Project aims to boost

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Jumeirah Burj Al Arab

Jumeirah Burj Al Arab to Undergo First Major 18-Month Restoration to Preserve Iconic Design

Prime Highlights- ⦁ Dubai’s Jumeirah Burj Al Arab will undergo its first major restoration since

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Investment

Saudi Arabia Crosses $400 Billion Industrial Investment Mark as Growth Gains Momentum

Prime Highlights: Saudi Arabia continues to expand its industrial sector with strong investment growth. The

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Electric Haulers

Volvo CE Starts Production of Large Electric Haulers

Prime Highlights Volvo CE becomes the first to mass-produce large electric articulated haulers. New machines

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Real Estate

Abu Dhabi Real Estate Market Surges with 160.7% Growth in Q1 2026

Prime Highlights- Abu Dhabi recorded AED 66 billion in real estate transactions in Q1 2026,

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Mira Developments

Mira Developments Launches Richmond District in Dubai’s Al Furjan with Six-Tower Branded Community

Prime Highlights- Mira Developments has launched Richmond District in Dubai’s Al Furjan, introducing a six-tower

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Saudi Intermaint

Saudi Intermaint Lands First Engineering Contract in Major Business Milestone

Prime Highlights Saudi Intermaint wins its first EPC contract for a cement mill project. The

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Core42

Core42 appoints Sherif Tawfik as Chief Business Officer to drive growth

Prime Highlights- Core42 names Sherif Tawfik as Chief Business Officer to strengthen leadership and support

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VIE Communities

Egypt-UAE Venture VIE Communities Launches EGP 91bn Zomra East Services Project

Prime Highlights VIE Communities has officially entered the Egyptian market with plans to develop the

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