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Abu Dhabi’s Al Seer Marine records $158m revenue in H1

Al Seer Marine a subsidiary of Abu Dhabi-based International Holding Company has recorded a total revenue of AED579 million ( 158 million) for the first six months of 2026 thus demonstrating the strength...

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Saudi shipper Bahri posts record Q2 profit, revenue soars to $1.6bn

Saudi Arabia s National Shipping Company (Bahri) today (July 29) reported a more than six-fold increase in its second-quarter net profit while its revenue soared to SAR6.31 billion ( 1.6 billion) helped...

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GE Aerospace showcases future of flight, milestones

GE Aerospace showcased its commitment to building a more durable and efficient future of flight at the recently concluded 2026 Farnborough International Airshow highlighting next-generation technologies...

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AD Ports, Columbia Group name new CEO for Dubai venture

Abu Dhabi-based AD Ports and global ship management company Columbia Group have appointed Xanthos Kyriacou as the new CEO of its Dubai-based joint venture Noatum CSM. Noatum CSM combines Columbia s global...

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Almarai tops Saudi food and grocery brand rankings, says study

Leading Saudi group Almarai has been ranked as the most influential brand in the food and grocery sector in the kingdom in addition to being ranked third among the most influential Saudi brands in the...

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Saudi defence sector needs shift from assembly to engineering, says expert

Saudi Arabia needs to move beyond defence assembly and develop domestic aerospace and defence engineering capabilities to capture more value from its spending according to a report by consultancy Alvarez...

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Bahrain to host debut Made in GCC 2026 Forum and Exhibition

Under the patronage of His Majesty King Hamad bin Isa Al Khalifa King of the Kingdom of Bahrain the inaugural edition of the Made in GCC 2026 Forum and Exhibition - the largest industrial gathering aimed...

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AMMROC, Airbus Defence and Space explore MRO co-operation deal

AMMROC the region s leading provider of maintenance repair and overhaul (MRO) solutions has signed an agreement with Airbus Defence and Space one of the world s leading manufacturers of military aircraft...

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DP World opens first multi-client warehousing facility in Saudi Arabia

DP World has started operations at its first multi-client third-party logistics (3PL) warehouse in Saudi Arabia expanding integrated warehousing and distribution capacity for businesses serving the kingdom...

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Oil under pressure as Hormuz shipping hopes improve, says expert

Oil prices remained under pressure as the pause in military operations in the Middle East reduced the risk of immediate geopolitical escalation said an industry expert. Hopes surrounding talks between...

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Fertiglobe adjusted EBITDA increases 111% to $371m in Q2

Fertiglobe a major exporter of urea and net ammonia and the exclusive ammonia platform of ADNOC and XRG today announced reported strong revenues of 1.1 billion up 92% year-on-year for the second quarter...

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Quiqup launches eco-friendly deliveries initiative in UAE

Quiqup a UAE-based e-commerce logistics provider has launched its eco-friendly deliveries initiative a year-long programme designed to connect local last-mile deliveries with verified carbon removal while...

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DP World completes dredging ahead of schedule at Senegal’s Port of Ndayane

DP World has reached a major construction milestone at the Port of Ndayane with the completion of major dredging works 13 months ahead of schedule marking one of the most significant engineering milestones...

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Saudia Cargo expands network with new Melbourne operations

Saudia Cargo the leading national air cargo carrier in the Kingdom of Saudi Arabia yesterday (July 25) officially launched its new scheduled route connecting capital Riyadh to Melbourne city in Australia....

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Saudi vessel damaged in Red Sea attack, crew safe, says report

A Saudi vessel NCC MASA was attacked while sailing in the Red Sea on Friday resulting in minor hull damage Saudi state news agency (SPA) reported. The vessel continued to its destination after checks confirmed...

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Saudi PIF unit sets up sports infrastructure venture with Live Nation, Oak View

SURJ Sports Investment a Saudi PIF company together with Live Nation and Oak View Group (OVG) has announced the launch of radia a joint venture to support the growth of the kingdom s sports infrastructure...

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