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Neom’s mega-city The Line comes under scrutiny for soaring costs

The Saudi Public Investment Fund has asked consulting firms to conduct a review and suggest possible changes amid declining world oil prices

Wizz Air leaves Abu Dhabi, blaming costs, regional tension

Wizz Air Abu Dhabi teamed up with ADQ in 2019 to focus on low-cost flights from the UAE capital to cities in the Middle East, Africa and India

OPEC predicts decline in demand, driven by China’s slowdown

In the long run, OPEC sees global demand steadily rising again as consumption grows in India, the Middle East and Africa

Saudi Arabia’s Sabic considers IPO for its industrial gas unit

The Saudi maker of petrochemicals and fertilizers that is 70% owned by Aramco has posted losses in its past two quarters

Cleveland Clinic Abu Dhabi picks G42’s Peng as new Chairman

The pioneering U.S. hospital is trying to improve patient care by employing artificial intelligence in medical diagnostics and treatment

Quick Hits

tech tool

Mubadala’s Khaldoon Al Mubarak hails ‘AI copilots’

GEE WIZZ

Etihad expands network after Wizz Air exits Abu Dhabi routes

Emir of Kuwait Mishal Al-Ahmad Al-Jaber Al-Sabah (right) and Indonesian President Prabowo Subianto were among the foreign dignitaries who joined French President Emmanuel Macron and his wife Brigitte to watch the annual Bastille Day military parade on the Champs-Elysees Avenue in Paris on July 14. (Mustafa Yalcin/Anadolu via Getty Images)

The Daily Circuit: Neom under scrutiny + Mubadala group buys Germany’s Techem

future shock

Neom’s mega-city The Line comes under scrutiny for soaring costs

flying away

Wizz Air leaves Abu Dhabi, blaming costs, regional tension

U.S. President Donald Trump presents Paris Saint-Germain's French midfielder Desire Doue with the Young Player Award after the FIFA Club World Cup 2025 final soccer match between England’s Chelsea and France’s PSG, which is majority owned by a subsidiary of the Qatar Investment Authority, at MetLife Stadium, New Jersey. Qatar Airways flight attendants carried the trophies and medals on stage for the ceremony. (AFP via Getty Images)

The Daily Circuit: Wizz departs Abu Dhabi + BYD Saudi blitz

pittsburgh power

Trump, Mubadala’s Khaldoon Al Mubarak to attend U.S. summit

Autonomous buses developed by Mubadala-owned Solutions+ started tests in a geofenced zone at Abu Dhabi’s Masdar City. (WAM)

The Daily Circuit: LIV Golf recruits HSBC + ADNOC Gas Europe deal

european swing

LIV Golf recruits HSBC as its international banking partner

Turki Al-Sheikh, Chairman of Saudi Arabia’s General Entertainment Authority, wears a Qatar Paris Saint-Germain soccer club jersey as he meets with Qatari businessman Nasser bin Ghanim Al-Khelaifi, the President of PSG, and Michael Rubin, the CEO of digital sports platform Fanatics, on the sidelines of the FIFA Club World Cup at MetLife stadium in New Jersey yesterday. PSG defeated Real Madrid 4-0 and will play Chelsea in the final on Sunday. (Turki Al-Sheikh/ Instagram)

The Daily Circuit: OPEC sees demand sliding + Masdar’s U.K. wind play

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