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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.

Clock06/07/2026

Space42’s first-half results, with revenue up 15% and satellite-to-phone services on standard devices targeted for commercial rollout by the end of 2026, are the kind most space companies globally can’t show, and that’s what makes the regional story worth a closer look

The UAE and Saudi Arabia led MENA’s outbound investment in H1 2026, completing 119 deals worth $25.5 billion, according to EY. Overall, the region recorded 390 M&A deals worth $46.7 billion, while the UAE remained the top destination for inbound investment.

Qatar National Bank (QNB) is seeking to raise a $2 billion five-year senior unsecured term loan in the Asian market, according to LSEG’s Loan Connector. The facility, priced at 75 basis points over compounded SOFR, will refinance a $2 billion loan completed in 2023, with signing expected in September.

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RISE Global acts as the national economic platform to reinforce confidence at speed and scale, demonstrate Dubai’s collective market strength and translate D33 into investable opportunity. In other words, where the entire country speaks with one voice to global capital.

Clock10/08/2026
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