Business Today Middle East

New Dammam is steadily taking shape as one of Saudi Arabia’s most ambitious waterfront developments, with an estimated investment of SAR 98 billion.

Located on the Arabian Gulf coast, the project is designed to transform Dammam’s urban landscape through a mix of residential, commercial, hospitality, recreational, and public spaces.

Explore more via the link in bio.

#NewDammam #Dammam #SaudiArabia #RealEstate #UrbanDevelopment #WaterfrontCity #Vision2030 #PropertyDevelopment #EasternProvince #InfrastructureDevelopment ...

AMAALA ( @amaala_sa) Triple Bay marks a significant milestone in the evolution of Saudi Arabia’s luxury tourism sector.

Located along the Red Sea coast, the destination has welcomed its first collection of luxury hospitality brands, offering a blend of premium accommodation, wellness experiences, marina facilities, and sustainable tourism initiatives.

The initial phase features seven key destinations and experiences:
• Equinox Resort and Residences, AMAALA
• Four Seasons Resort and Residences AMAALA at Triple Bay
• Nammos Resort and Residences AMAALA
• Rosewood AMAALA
• Six Senses AMAALA
• AMAALA Hotel
• Marina Village

Explore more via the link in bio.

#AMAALA #SaudiArabia #RedSea #LuxuryTravel #Hospitality #Tourism #Vision2030 #WellnessTourism #TravelIndustry #DestinationDevelopment ...

A consortium led by RIKAZ ( @rikaz.om) , alongside Aljada First Development Company and AlMajdiah Real Estate Company ( @almajdiah), has been awarded a SAR 2 billion mixed-use development project in Makkah.

Key Highlights:
• Project Value: SAR 2 Billion
• Location: East Hindawiyah, Makkah
• Area: 235,000 sq. meters
• Components: Residential, Commercial, Office & Hospitality Spaces
• Managed Through: Real Estate Investment Fund by Jadwa Investment ( @jadwa_investment)
• Supports Saudi Vision 2030 urban transformation goals

Explore more via the link in bio.

#Makkah #SaudiArabia #RealEstate #Vision2030 #RIKAZ #UrbanDevelopment #Infrastructure #PropertyDevelopment #MiddleEastBusiness #BusinessNews #Investment #Hospitality #CommercialRealEstate #BusinessTodayME #SaudiProjects ...

National Bank of Kuwait (NBK)( @nbkgroup) reported a net profit of KD 135.5 million for Q1 2026, while total assets exceeded KD 46 billion. The results highlight the bank’s continued resilience, supported by growth in loans, customer deposits, and operating income despite ongoing global economic challenges.

Key Highlights:
• Q1 Net Profit: KD 135.5M
• Total Assets: KD 46.1B
• Loans & Advances: KD 27.3B
• Customer Deposits: KD 25.9B
• Strong capital and asset quality metrics

Explore more via the link in bio.

#NBK #NationalBankOfKuwait #Banking #Finance #Kuwait #BusinessNews #FinancialResults #Q12026 #EconomicGrowth #Investment #BankingSector #MiddleEastBusiness #BusinessTodayME ...

UAE telecom company du ( @du) has launched a $50M venture capital fund called “du Ventures” in partnership with Shorooq ( @shorooqpartners).

This initiative aims to accelerate the next wave of digital innovation across the UAE and the wider region.

The fund will focus on startups building in areas such as AI and machine learning, fintech and digital payments, cybersecurity, cloud and enterprise solutions, and gaming and digital experiences.

The goal is to support early and growth-stage startups, scale innovation, and strengthen the UAE’s digital economy by combining capital with infrastructure and industry access.

This marks a major step in du’s evolution from a telecom operator into a broader digital ecosystem enabler.

#du #UAE #Dubai #Startups #VentureCapital #StartupFunding #Innovation #TechNews #ArtificialIntelligence #AI #Fintech #Cybersecurity #CloudComputing #DigitalTransformation #MiddleEastTech #Shorooq #Entrepreneurship #TechEcosystem ...

Bayut ( @bayutuae) and dubizzle ( @dubizzle) have launched the Proud of the UAE campaign, bringing together leading figures from the UAE real estate industry to celebrate the nation`s achievements, growth, and future vision.

Key highlights:
• Features prominent real estate leaders, CEOs, and industry partners
• Celebrates the UAE`s leadership, innovation, and economic progress
• Reinforces confidence in the UAE as a global investment destination
• Highlights the continued strength of the UAE real estate market

The campaign comes as UAE real estate transactions reached AED 252 billion in Q1 2026, reflecting strong market momentum and investor confidence.

Explore more via the link in our bio.

#ProudOfTheUAE #Bayut #dubizzle #UAERealEstate #DubaiRealEstate #PropertyMarket #RealEstateNews #UAEGrowth #Investment #BusinessNews #Dubai #UAE ...

Emirates NBD ( @emiratesnbd_ae) has achieved a significant milestone by ranking first in the inaugural Evident AI Index for banks across the Middle East and Africa. The recognition highlights the bank’s leadership in artificial intelligence adoption and its continued investment in digital transformation across its operations.

#EmiratesNBD #UAE #Dubai #Banking #Finance #Fintech #ArtificialIntelligence #AI #DigitalTransformation #Innovation #FutureOfFinance #BankingTechnology #MiddleEast #MEA #FintechNews #DataDriven #SmartBanking #TechInFinance #FinancialServices #DigitalBanking ...

Sharjah Research, Technology and Innovation Park (SRTIP) ( @shjrtipark) has announced a strategic partnership with Munich Tech Expo ( @munichtechexpo) aimed at strengthening technology investment flows between the United Arab Emirates and Europe. The collaboration is designed to create new opportunities for startups, research institutions, and technology companies by fostering cross-border innovation, knowledge exchange, and investment connectivity.

#UAE #Sharjah #SRTIP #Innovation #Technology #TechInvestment #StartupEcosystem #DigitalTransformation #FutureOfTech #Europe #Munich #TechExpo #BusinessNews #Partnership #EconomicGrowth #ResearchAndDevelopment #SmartEconomy #GlobalInnovation ...

Saudia ( @saudi_airlines) has announced the delivery of 12 new aircraft throughout 2026 as part of its fleet expansion strategy, supporting greater connectivity, operational efficiency, and international growth. The move aligns with the Kingdom’s Vision 2030 goals to strengthen tourism, aviation, and global mobility. With its fleet expected to reach 161 aircraft, Saudia continues to position itself as a key player in the future of global aviation.
#Saudia #SaudiArabia #Aviation #Airlines #Vision2030 #TravelIndustry #Airbus #MiddleEastBusiness #Tourism #BusinessNews ...

Riyadh-based Arib ( @arib.ksa) has raised $23.5 million in funding to expand its digital lending marketplace, enhance its technology platform, and introduce new financing solutions. The investment reflects growing confidence in Saudi Arabia’s rapidly evolving fintech ecosystem and the increasing demand for digital financial services.

As the Kingdom advances its Vision 2030 goals, companies like Arib are playing a key role in transforming access to financing for individuals and businesses.

#SaudiArabia #Fintech #Arib #DigitalLending #StartupFunding #VentureCapital #MENA #SaudiStartups #Finance #Vision2030 #BusinessNews ...

Germany’s electric vehicle market is showing signs of maturity as automakers reduce discounts following the return of government incentives.

Average EV discounts declined from 19.5% in January to 18.6% in May, while electric vehicles are now nearly €2,000 more expensive than comparable petrol and diesel models before incentives are applied.

The shift suggests manufacturers are becoming more confident in consumer demand and relying less on aggressive price cuts to drive sales. The key question now is whether government support alone can maintain the momentum of EV adoption in Europe’s largest automotive market.

#ElectricVehicles #EVMarket #Germany #AutomotiveIndustry #EVNews #ElectricCars #AutoIndustry #FutureOfMobility #BusinessNews #Europe #EnergyTransition #Sustainability #Mobility #Technology #BusinessTodayME ...

Saudi Arabia’s healthcare sector is redefining the future of care through digital innovation.

Driven by the leadership of the Ministry of Health ( @saudimoh) and aligned with Vision 2030, the Kingdom is accelerating its healthcare transformation through artificial intelligence, digital health platforms, virtual care, and advanced medical technologies. The Ministry continues to advance a national digital health strategy focused on improving accessibility, efficiency, and patient outcomes across the healthcare ecosystem.

From AI-powered diagnostics and robotic-assisted procedures to integrated healthcare systems and preventive care models, Saudi Arabia is building a smarter, more connected, and patient-centric healthcare landscape. This transformation is positioning the Kingdom as a global leader in healthcare innovation and digital excellence.

#SaudiArabia #MinistryOfHealth #MOH #Healthcare #DigitalTransformation #HealthTech #ArtificialIntelligence #DigitalHealth #Vision2030 #HealthcareInnovation #MedicalTechnology #FutureOfHealthcare #SmartHealthcare #BusinessTodayME #MiddleEastHealthcare ...

UAE Fuel Prices for June 2026 Announced

The UAE Fuel Price Committee ( @uaemgov) has announced fuel prices for June 2026, effective from June 1:

• Super 98: AED 3.95/litre
• Special 95: AED 3.83/litre
• E-Plus 91: AED 3.76/litre
• Diesel: AED 4.33/litre

Petrol prices have increased across all grades compared to May, while diesel prices have decreased.

#UAE #FuelPrices #PetrolPrices #DieselPrices #UAENews #DubaiNews #UAEUpdates #June2026 #FuelUpdate #BusinessTodayME ...

Strong start to 2026 for United Foods Company.

Q1 2026 results reflect continued growth and operational strength, with net profit more than doubling to AED 16.3 million alongside ongoing expansion across regional and global markets.

Under the leadership of CEO Mohamed Itani, UNITED Foods Company ( @unitedfoodsco) continues to strengthen its position as a trusted UAE-grown food business focused on innovation, sustainability, and long-term value creation.

“Our focus is on building a more agile, innovation-led food business that can respond faster to customer needs and unlock new avenues for growth.” – Mohamed Itani, CEO

Here’s to building a stronger and future-ready food ecosystem.

#UnitedFoods #CEO #MohamedItani #BusinessGrowth #Leadership #Innovation #UAEBusiness #FoodIndustry #CorporateSuccess #Q12026 #Entrepreneurship #DubaiBusiness #ReelsInstagram ...