LONDON – November 03, 2026 -- Saudi Arabia welcomed about 61.2 million tourists in the first half of 2026, up about 1% year-on-year, with tourism expenditure reaching about SAR 151.9 billion (approximately $40.5 billion), Tourism Minister Ahmed Al-Khateeb said as he opened Saudi Land at World Travel Market (WTM) London 2026.

Dubai – November 03, 2026 -- Cars24 and Alba Cars have combined their UAE operations into a used-vehicle retail business selling more than 1,000 vehicles a month. The operating businesses behind Alba Cars are now part of the Cars24 global group.

Alba Cars contributes about 300 monthly sales and 20+ brands

Alba Cars, founded in Dubai in 2015, employs more than 200 people and sells approximately 300 vehicles per month. Its inventory spans more than 20 automotive brands, and it is among Dubai's recognised premium used-car retailers.

ABU DHABI – November 02, 2026 -- Nearly one billion barrels of crude have been drained from inventories since the Strait of Hormuz disruption, ADNOC Group CEO Sultan Al Jaber said at the opening of ADIPEC 2026, as he urged the energy industry to fundamentally rethink how it builds, protects and delivers secure energy.

MANAMA – – November 02, 2026 -- Beyon will power a third data centre entirely with renewable energy once Phase 5 of its Beyon Solar Park programme is completed, an investment of about BD544,500 that is expected to generate 2.5 GWh of clean energy a year.

Phase 5 adds 2,292 panels and 1.5 MWp of capacity across 14,000 square meters

Beyon developed the phase with Almoayyed Solar. The installation is expected to cut carbon emissions by more than 1,585 tonnes of CO2 annually. Completion is due in the coming months.

DUBAI – – November 02, 2026 -- Robo.ai Inc. (Nasdaq: AIIO) has appointed Ralph R. Debbas, founder of supercar maker W Motors, as Group President, effective immediately. He will focus on industrial strategy, international partnerships and coordination across the Dubai-headquartered group's AI and advanced manufacturing businesses.

ABU DHABI – November 01, 2026 -- Context Labs B.V. has secured a strategic equity investment from 22/x, the Abu Dhabi-based AI-native investment and incubation platform established by the Nowais family, and will open its regional headquarters in Abu Dhabi. The two companies also signed a long-term agreement to expand Context Labs across the Middle East and North Africa (MENA). The announcement did not specify the investment amount.

MANAMA – November 01, 2026 -- Investcorp recorded US$11.1 billion in aggregate fundraising, capital deployment and exit activity in the first nine months of 2026, with total assets under management reaching US$65.2 billion as of September.

Manama – November 01, 2026 -- SICO BSC (c) has won approximately USD 1.6 billion in new business from institutional and individual investors during 2026, the Bahrain-based asset manager, broker and investment bank announced at the Gateway Gulf 2026 Forum.

Mandates span three SICO divisions, mostly in public markets

The total aggregates new mandates across SICO's Asset Management, Wealth Management and Investment Banking businesses. Most of the volume sits in public markets, with the remainder in private markets.

MANAMA – November 01, 2026 -- Bahrain's sovereign wealth fund, Bahrain Mumtalakat Holding Company, and ARP Group have partnered to establish an AI-native, blockchain-enabled wholesale bank headquartered in Bahrain, which has already received in-principle approval from the Central Bank of Bahrain.

The venture will begin regulated activities only after it obtains final authorisation. The partnership was announced on the sidelines of Gateway Gulf 2026.

MANAMA – November 01, 2026 -- Bahrain has awarded Golden Licenses to four large-scale projects representing USD 3.89 billion in investment, spanning aviation logistics, real estate and technology, the Bahrain Economic Development Board (Bahrain EDB) announced at Gateway Gulf 2026.