Middle East

Industry News

Temasek to Open First Middle East Offices in Abu Dhabi and Riyadh

Singapore state investor Temasek Holdings announced plans to establish its first Middle East offices in Abu Dhabi and Riyadh in the first half of 2027, subject to regulatory approvals. The strategic hubs are designed to deepen regional partnerships and accommodate co-located portfolio companies targeting the Gulf, Central Asia, and Africa. As of March 31, 2026, Temasek managed a net portfolio valued at S$518 billion ($405.5 billion).

Middle East Travel Alerts

EASA Advises Airlines to Avoid Parts of Saudi Airspace Through November 16

Saudi Arabia's Ministry of Interior confirmed that Flydubai flight FZ1073 diverted to Tabuk on September 30 due to a cockpit altercation. All 174 passengers received care and departed for Tel Aviv on a replacement aircraft. The injured pilots were treated locally before transfer to Abu Dhabi on October 1.

Industry News

Big 5 Global 2026 in Dubai to Focus on Construction Supply Chains and Technology

The 47th edition of Big 5 Global will take place at the Dubai World Trade Centre from November 23 to 26, 2026. Supported by UAE federal and local government authorities, the industry exhibition will spotlight supply chain resilience, technology advancement, sustainable transformation, and workforce capabilities across the Middle East, Africa, and South Asia.

Industry News

Oil Prices Gain 2 Percent as China Halts Refined Fuel Exports

Global crude oil prices rose around 2 percent on October 1, 2026, after China suspended refined fuel exports outside Hong Kong and Macau. Brent crude moved above $100 per barrel as domestic refiners prioritized national stockpiles. Concurrently, Saudi Arabia resumed tanker loadings from Yanbu, with Gulf exports recovering to 23.3 million barrels per day.