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Costs double at Emirati wellness island but nearly half of units sold

Costs double at Emirati wellness island but nearly half of units sold

Selling multi-million-dirham homes on non-prime land in the UAE might seem a bold bet. Yet the operator of Abu Dhabi’s upcoming wellness island told AGBI almost

Abu Dhabi’s MGX to take 15% stake in TikTok US

Abu Dhabi’s MGX to take 15% stake in TikTok US

Abu Dhabi investment fund MGX will take part ownership of TikTok’s US business, as a years-long struggle over the tech company’s future in the US draws to a close

UAE lays out rules to regulate gambling industry

UAE lays out rules to regulate gambling industry

The UAE’s gambling regulator has set out in a policy paper recommendations on how its nascent gambling industry will operate, detailing player participation, money

Morocco awards Casablanca airport contract worth over $1bn

Morocco awards Casablanca airport contract worth over $1bn

A consortium of two Moroccan construction companies has reportedly won a project worth over $1 billion to expand King Mohammed V airport in the western Atlantic

Lower oil prices hit Oman energy company’s revenue

Lower oil prices hit Oman energy company’s revenue

Lower oil prices this year led revenue at Oman’s state-owned Energy Development Oman (EDO) to fall 11 percent year on year to $11.2 billion in the first nine months

Saudi Arabia proposes to host WTO meeting in 2028

Saudi Arabia proposes to host WTO meeting in 2028

Saudi Arabia has proposed to host a major meeting of the World Trade Organization in 2028, a WTO document showed. The request was on the agenda of a WTO meeting

STC and Humain to build  1GW of data centre capacity

STC and Humain to build 1GW of data centre capacity

Saudi Arabia’s STC Group and Humain, the kingdom’s national artificial intelligence company, have signed an agreement to set up a joint venture that will develop

Tunisia’s trade deficit grows after rise in imports

Tunisia’s trade deficit grows after rise in imports

Tunisia has reported an increased trade balance deficit for the first 11 months of 2025 due to a rise in imports. The 20 percent increase in the commercial deficit

New Turkey-UK free trade deal expected by next year

New Turkey-UK free trade deal expected by next year

The upgraded free trade agreement between Turkey and the UK is likely to come into force in the second half of 2026. “Everything is in the right direction, and

Dewa awards $59m contract to expand water networks

Dewa awards $59m contract to expand water networks

Dubai Electricity and Water Authority (Dewa) will spend millions of dirhams to expand the water transmission networks in the emirate to meet growing demand. The