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Press Dossier   By Date  20/12/2025
Operational challenges bring Riyadh Airport to a near standstill
Saudi Arabia: Thousands of passengers travelling to and from King Khalid International Airport in Riyadh were left stranded as major airlines struggled to offer alternative flights following a slew of cancellations and delays.
Restaurants helps POS spending stay above $3bn: SAMA
Saudi Arabia: Spending in restaurants and cafes helped Saudi Arabia’s weekly point-of-sale transactions stay above the $3 billion mark during the week ending Dec. 13, coming in at SR13.31 billion ($3.54 billion).
Middle East AI adoption reaches 75%, beating global average: PwC survey
Saudi Arabia: Artificial intelligence is becoming embedded across Middle East workplaces, with 75 percent of employees using AI tools at work over the past year, a higher rate than the 69 percent global average, a new survey showed.
UAE tourism sector continues its strong upward trajectory in 2025
United Arab Emirates: The UAE tourism sector continued its strong upward trajectory in 2025, consolidating its position as one of the country’s most dynamic economic sectors and a major magnet for investment and visitors, supported by world-class infrastructure, flagship projects and strong competitiveness indicators.
TECOM Group launches Phase 4 of Innovation Hub in Dubai Internet City
United Arab Emirates: TECOM Group, the creator of specialised business districts and vibrant communities in Dubai, has launched Phase 4 of Innovation Hub in Dubai Internet City to address the rising demand for Grade-A office spaces from global multinational companies.
ADNOC secures landmark $11bn financing for Hail & Ghasha gas development
United Arab Emirates: Abu Dhabi National Oil Company (ADNOC), in partnership with Eni and PTT Exploration and Production Public Company Limited (PTTEP), on Thursday announced the signing of a landmark structured financing transaction of up to AED40.
Saudi Arabia completes world's largest BESS project grid connection
Saudi Arabia: Saudi Arabia has officially completed grid connection of its landmark energy storage system (ESS) project with the nameplate capacity of 7.8GWh.
Modon awards $1.36bn contract for 735 Abu Dhabi villas
United Arab Emirates: Modon has awarded the main construction contract for two of its residential developments on Hudayriyat Island: Nawayef East and Nawayef West. With a total value of AED5 billion ($1.36 billion), the contract is the largest awarded for residential in Abu Dhabi in 2025.
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