Author: Editorial Team

Justin Smith, Managing Director at Ansarada. New research finds EMEA Renewable energy infrastructure investment surges, procurement pressures intensify globally  Investment in renewable energy projects in the Middle East has jumped by 28%, year-on-year, according to a new report from Ansarada, a leading M&A and infrastructure procurement platform.   Global renewable energy investment has reached US$496 billion, driven increasingly by rising AI compute demand, according to the 2026 Renewable Energy Infrastructure Outlook Report by Ansarada in partnership with Infralogic. The Middle East is gaining momentum as a key growth market, attracting US$12.9 billion in investments in 2025, up from US$10.1 billion…

RIYADH — Prince Alwaleed bin Talal’s Kingdom Holding Company (KHC) has signed a binding share sale and purchase agreement with the Public Investment Fund (PIF) to acquire a 70% stake in Al Hilal Club Company in a deal valued at SR840 million. The transaction, announced on Thursday is based on an implied enterprise value of approximately SR1.4 billion and an equity valuation of SR1.2 billion for 100% of Al Hilal Club Company. KHC said it will finance the transaction through its internal resources. Al Hilal Club Company, incorporated in 2023, oversees one of Asia’s most successful football teams. Founded in…

RIYADH — Riyadh Art reveals 75 installed artworks across the capital as part of its permanent public art collection. Led by the Royal Commission for Riyadh City (RCRC), Riyadh Art has additional installation plans of 115 artworks throughout 2026 and beyond. The expanding program places large-scale artworks across public spaces. The Permanent Collection includes 100 international artists from 47 countries, such Alexander Calder, Anish Kapoor, Jeff Koons, Giuseppe Penone, and Ugo Rondinone. With an additional 35 Saudi artists — Zaman Jassim, Mohammed Al Saleem, and many others — and across streets, neighborhoods, cultural landmarks, and key routes of movement, collection…

DUBAI, 16th April, 2026 (WAM) — Nasdaq Dubai recorded 18 fixed income listings in Q1 2026, raising over US$8 billion, bringing the total outstanding debt listings to US$149 billion. The performance reflects sustained issuer activity and steady investor demand across global fixed income markets. Total outstanding listings reached US$149 billion, including US$105 billion in Sukuk and US$44 billion in bonds, reinforcing Nasdaq Dubai’s position as one of the world’s leading venues for Sukuk listings. Q1 activity reflected a strong mix of domestic and international issuers, with UAE issuers accounting for 67% of total listings, complemented by 33% from international issuers.…

ABU DHABI, 15th April, 2026 (WAM) — Tadweer Group has surpassed 200 consecutive days without a Lost Time Injury across its entire operations, covering more than 13 million manhours worked by approximately 8,500 employees, subsidiaries’ staff, and service providers across Abu Dhabi, Al Dhafra, and Al Ain. The result is underpinned by Tadweer Group’s strategic health, safety, and environment programme, TadweerSafe 3.0. The programme advanced hazard identification and real-time incident reporting across all sites through digital automation, supporting timely and consistent intervention. Hussain Al Hammadi, Chief Executive Officer of Tadweer Environmental Services and Solutions and Executive Director of Crisis Management…

Sergei Kukharev, Head of VAS product, Fortis. The UAE is a global leader in AI adoption, with 64% of working-age individuals using AI tools. Government bodies report 97% usage, backed by more than Dh543 billion in investments for 2024 and 2025. Still, many small businesses in Dubai and Abu Dhabi have yet to join this wave.  This gap can be seen as a real opportunity. Small businesses that move now can use AI to boost sales with smarter recommendations, automate routine tasks to save time, and build customer loyalty through personalised service. The result is leaner operations, lower costs, and a clearer picture…

NEW YORK — Saudi Permanent Representative to the United Nations Ambassador Abdulaziz Al-Wasel emphasized the importance of empowering elderly people and recognizing their vital role in achieving Sustainable Development Goals. Addressing an event held on the sidelines of the 59th session of the United Nations Commission on Population and Development, he called for enhancing the elderly people’s participation across various fields and benefiting from their accumulated expertise. Al-Wasel highlighted the importance of boosting international cooperation to address shared challenges. He drew attention to the Kingdom’s initiative to establish the Group of Friends on Aging and Sustainable Development, which facilitates the…

RIYADH — The 152nd General Assembly of the Inter-Parliamentary Union (IPU) and its associated meetings commenced in Istanbul on Thursday. The assembly brought together speakers of parliaments from around the world, along with parliamentarians and representatives of international organizations. Saudi Arabia’s delegation attending the session is headed by Shoura Council Speaker Sheikh Abdullah Al-Sheikh. The delegation includes Secretary General of the Shoura Council Mohammed Al-Mutairi; Shoura Council member and member of the Executive Committee of the Arab Inter-Parliamentary Union Dr. Abdulaziz Al-Muhanna; and Shoura Council members and IPU members Maj. Gen. Dr. Abdulrahman Al-Harbi, Waleed Abdulshakoor, Raida Abu Nayan, Dr.…

As schools across the UAE prepare for in-person classes starting Monday, April 20, teachers are stepping up efforts to ensure no student is left behind, especially those still overseas or unable to return immediately. The move follows more than a month of distance learning, introduced after the Ministry of Education (MoE) shifted schools online on March 2 amid regional tensions linked to the US-Israel-Iran war. While classrooms will come alive again, the transition may not be uniform for all families. Some parents travelled abroad at the start of the crisis and are still planning their return. Authorities said school bus…

SÃO PAULO, 16th April, 2026 (WAM) — EDGE, one of the world’s leading defence and advanced technology groups, has established a partnership with the Brazilian Army to create a framework for the experimentation of next-generation weaponry by specialised troops. The partnership includes the evaluation, in rigorous and realistic operational environments, of the CARACAL Assault Rifle CAR 816, chambered in 5.56×45 mm NATO, and the CARACAL Sniper Rifle CSR50, chambered in 12.7×99 mm NATO. The tests will be conducted by specialised units, enabling the assessment of performance in highly demanding and scenario-specific conditions. The agreement reflects the shared interest of both…