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Oman signs concession agreement with Petronas JV for offshore block

Oman s Ministry of Energy and Minerals has signed a concession agreement with a joint venture of OQ Exploration and Production and Malaysian group Petronas for offshore block (18) in the Sea of Oman covering...

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DP World, PCFZ chairman removed after alleged Epstein ties

In a surprise leadership overhaul Sultan Ahmed bin Sulayem long the face of Dubai s global trade empire has been removed from his positions as Group Chairman and CEO of DP World and divested of his chairmanship...

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Batelco by Beyon, GCCIA extend strategic partnership to boost regional connectivity

Batelco by Beyon the leading provider of innovative telecommunications and digital services that connect and empower people enable businesses and enrich society has announced the renewal of its strategic...

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Kerno showcases UAE’s first enterprise-class technology manufacturing facility

Kerno Enterprises the UAE s enterprise-level IT hardware manufacturer hosted an invite-only tour of its upcoming manufacturing facility in Dubai Silicon Oasis (DSO) on February 10. The event brought together...

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ASRY showcases its maritime expertise at Breakbulk Middle East expo

The Arab Shipbuilding and Repair Yard Company (ASRY) the leading industrial maritime hub took part in the Breakbulk Middle East 2026 exhibition & Conference held recently in Dubai. Founded in 1977 in the...

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Emirates Drug Establishment, Mubadala Bio to develop pharma manufacturing

Emirates Drug Establishment and Mubadala Bio Limited have signed a memorandum of understanding (MoU) to strengthen and advance the UAE s medical products manufacturing sector as well as supporting national...

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WAM Saudi to cement global advanced manufacturing hub status

Leading global technology leaders from over 20 countries including the US UK Germany France and Japan as well as innovators and investors will be Riyadh to explore opportunities in smart manufacturing...

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Elcome expands global maritime connectivity with Amazon Leo deal

Elcome a leading provider of maritime technology and satellite communication solutions based in Dubai has signed an authorised reseller agreement with Amazon Leo (formerly Project Kuiper) to offer satellite-based...

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Global tonnages soar further after Valentine’s Day flower peak

Global air cargo demand and rates edged higher in the first full week of February as freighter capacity from Central and South America normalised after the peak of Valentine s Day flower shipments and...

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AD Ports Group reports record 2025 revenue of AED20.8bn

AD Ports Group a leading global enabler of integrated trade industry and logistics solutions delivered record revenue and net profit for the full year 2025 and also turned Free Cash Flow (FCF) positive...

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AD Ports Group takes key stake in Douala Port - Cameroon concession

AD Ports Group a leading global enabler of trade logistics and industry solutions has joined Africa Ports Development s (APD) 30-year concession to design build and operate a new dry bulk terminal at the...

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BlueFive Capital launches new aircraft leasing platform

BlueFive Capital a global investment platform with 7.4 billion in assets under management (AUM) today (February 12) announced the launch of BlueFive Leasing one of the first dedicated aircraft leasing...

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Fertiglobe delivers $1bn EBITDA in 2025, revenues up 41%

Fertiglobe the world s largest seaborne exporter of urea and net ammonia combined reported a 41% Y-o-Y increase in revenues to 2.82 billion in 2025 while adjusted EBITDA rose 57% Y-o-Y to 1.02 billion....

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Aramex revenues rise to $1.72bn in 2025, logistics drives growth

Aramex group revenues reached AED6.36 billion ( 1.72 billion) in FY 2025 up 1% YoY while Q4 revenues totalled AED1.70 billion broadly in line with Q4 2024 reflecting sustained growth in domestic express...

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Sharjah Chamber records 8,000 new member companies in 2025

The Sharjah Chamber of Commerce and Industry (SCCI) logged an impressive surge in new memberships in 2025 registering 8 385 new member companies during the year. With this increase the chamber boasted...

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Empower's profit up 10.5pc in 2025; revenue soars to $925m

Emirates Central Cooling Systems Corporation Empower (Empower) listed on the Dubai Financial Market announced its financial results for the fiscal year 2025 registering record revenues of AED3.4 billion...

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