Middle East

Industry News

UAE Investments in AI and Genomics Drive Middle East Biopharma Expansion

A report by World Health Expo and Frost & Sullivan indicates that UAE national investments in genomics, artificial intelligence, and advanced manufacturing are transforming Middle Eastern biopharma. The regional precision medicine sector is forecast to expand by over 10 percent over the next five to seven years. Key initiatives include the Emirati Genome Program, Abu Dhabi's AED 42 billion HELM cluster, and the 2025 launch of Mubadala Bio.

Industry News

ORF Middle East Assesses Gulf AI Data Centre Supply and Energy Constraints

An ORF Middle East study highlights critical supply chain, cooling, and power challenges facing Gulf artificial intelligence data centres. The analysis notes that China controls 60 to 70 percent of semiconductor rare earth element mining and 90 percent of processing capacity. It also reports that clean energy comprised 32.4 percent of the UAE's installed power capacity as of September 2026.

Industry News

Hackers Compromise 1.5 Million Files from Saudi-Chinese Stadium Construction Consortium

Cybersecurity analysis firm Hackmanac reported that a cybercrime group stole 17 terabytes of data from a partnership between China Railway Construction Corporation Saudi Branch and Sama Construction. The breached assets comprise over 1.5 million files, including sensitive contracts, engineering designs, and personal information of approximately 150,000 workers. The consortium is the primary engineering contractor for the Jeddah Central Stadium ahead of the 2034 FIFA World Cup.

Industry News

Chinese Independent Refiners Boost Iraqi and Qatari Crude Purchases as Iranian Flows Drop

Chinese independent refiners have increased imports of crude from Iraq and Qatar for October and November delivery to replace dwindling Iranian supplies. Private refineries purchased between 15 million and 20 million barrels of Gulf crude through major international trading houses. Delivered cargoes commanded premiums ranging from $12 to $20 per barrel above ICE Brent.