PROPERTY

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UAE property market sustains strong growth as investment demand remains robust

The sector posted strong growth in the first half of 2026, driven by robust investor demand, economic resilience, and business-friendly policies. With record property sales and continued foreign investment, experts expect the momentum to carry through the rest of the year.

money

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ACWA sole bidder for major Bahrain water project

Bahrain’s Electricity and Water Authority (EWA) has named ACWA Power as the sole bidder for the Hidd Independent Water Project. The new seawater desalination plant will have a capacity of 11,364 cubic meters per hour, strengthening the kingdom’s potable water supply and supporting growing residential, commercial, and industrial demand through advanced water treatment technology.

06/07/2026
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Al Rajhi Bank to lead GCC banks with profit set to grow 14% in 2026

GCC banks are expected to post strong profits in 2026, led by Al Rajhi Bank with forecast earnings growth of 13.6%, according to S&P Global Market Intelligence.

02/07/2026

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