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Press Dossier   By Date  12/03/2026
Rakez expands self-storage offering with additional units in Al Hamra
United Arab Emirates: Ras Al Khaimah Economic Zone (Rakez) has expanded its self-storage offering in response to growing demand from individuals and businesses seeking convenient, secure, and flexible storage solutions within the northern emirate.
Madayn unveils $637m Oman industrial cities development plan
Oman: Oman’s Public Establishment for Industrial Estates (Madayn) plans to invest more than RO245 million ($637 million) in infrastructure and development projects across the sultanate’s industrial cities between 2026 and 2030 as part of efforts to boost investment and support economic diversification, said its top official.
Dubai issues new law to regulate shared housing
United Arab Emirates: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, in his capacity as the Ruler of Dubai has issued Law No. (4) of 2026 regulating the management and occupancy of shared housing in Dubai.
King Salman Park Foundation awards contract for $3bn Metro-linked district
Saudi Arabia: The King Salman Park Foundation has awarded a major development contract for a residential-led mixed-use district being set up in Riyadh’s King Salman Park to a consortium led by Kolaghassi Development Company.
G7 countries to release oil reserves as IEA agrees to largest ever market intervention
Saudi Arabia: Germany, Japan and Austria will release part of their oil reserves after the International Energy Agency recommended the release of 400 million barrels of oil ‌from stockpiles, the largest ‌such move in IEA ​history.
flynas carries 15.8m passengers in 2025, expands global reach
Saudi Arabia: flynas reported strong financial and operational performance for the fourth quarter and full year ending December 2025.
Air India, Air India Express boosts West Asia ops with 58 more flights
United Arab Emirates: Indian carriers Air India and Air India Express will together be operating a total of 58 scheduled and non-scheduled flights to and from West Asia on March 12.
Cyprus Airways resumes Dubai - Larnaca flights
United Arab Emirates: Cyprus Airways has announced the resumption of its flights between Dubai and Larnaca starting March 11, restoring a key connection between the UAE and Cyprus and offering travellers convenient access to one of the Mediterranean’s most attractive destinations.
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