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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

18/03/2026

	Diriyah sets new concrete pouring record at Gyratory Tunnel Extension project Saudi Arabia: Diriyah Company, the developer shaping the future of Saudi Arabia’s most iconic destination, has announced that it has achieved a major construction milestone with the completion of pouring of 7,193 cu m of concrete within a record 15.5 hours for the Gyratory Tunnel Extension in the second development phase of the Diriyah development masterplan.
	Arabian Construction Company wins Jubail Island villa project contract Saudi Arabia: Arabian Construction Company (ACC) has announced that it has been appointed by Jubail Island Investment Company to deliver the Packages 1 to 5 within the prestigious Jubail Island development in Abu Dhabi.
	Rowad Modern Engineering begins work on SAL Logistics expansion project Saudi Arabia: Rowad Modern Engineering has announced the start of work on expansion of the Saudi Logistics Services Company (SAL) facilities at King Khalid International Airport in Riyadh.
	Abu Dhabi's Shah gas field comes under drone attack United Arab Emirates: Abu Dhabi authorities and relevant response teams have contained and brought under control a fire that broke out at Shah gas field, caused by a drone attack.
	Gulf banks resilient for now, but prolonged conflict raises risks: S&P Global Saudi Arabia: Banks operating in the Gulf region are expected to remain resilient in the short term due to strong financial buffers, even as the Middle East grapples with heightened geopolitical tensions, according to an analysis.
	Egyptian banks seen resilient to Iran conflict shocks, Fitch says Saudi Arabia: Egypt’s banking sector is positioned to absorb the potential economic spillovers from the ongoing Iran conflict, supported by strong capital buffers, liquidity, and profitability, according to a report by Fitch Ratings.
	Jordan’s free trade agreements drive 73% of exports Saudi Arabia: Countries linked to Jordan through free trade agreements accounted for 73.2 percent of the nation’s total exports in 2025, official data showed.
	Oman import prices jump 14.8% on machinery costs Oman: Oman’s import prices recorded a sharp increase in the final quarter of 2025, driven largely by higher machinery and transport equipment costs.

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