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Value of manufacturing sector in Oman GDP hits $9.6bn

The value of the manufacturing sector s contribution to Oman s gross domestic product at constant prices reached approximately RO3.7 billion by the end of 2025 according to statistics issued by the National...

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Iran, Oman propose temporary Strait of Hormuz corridor, China rejects US sanctions

Iran and Oman have agreed to pursue a temporary shipping corridor through the Strait of Hormuz and launch efforts to clear mines from the strategic waterway in the latest diplomatic push to restore the...

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LG accelerates robotics collaboration with Nvidia

LG Electronics (LG) today announced that it is accelerating its robotics collaboration with NVIDIA. LG is combining decades of manufacturing and logistics data with NVIDIA s open robotics development platform...

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Dubai Chambers highlights investment opportunities at Bengaluru roundtables

Dubai Chambers recently organised a series of roundtable discussions in Bengaluru the capital of Karnataka India highlighting the diverse investment opportunities Dubai offers to Indian companies across...

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Borouge declares $656m interim dividend for 2026

Borouge the Abu Dhabi-based petrochemicals company has confirmed approval of an interim dividend of 656 million equivalent to 8.1 fils per share following its H1 2026 performance. The company reaffirmed...

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United Foods Company reports strong Q2, net profit jumps

United Foods Company (UFC) a leading UAE-based food manufacturing and distribution company reported a strong performance for the second quarter of 2026 reflecting continued growth in business activity...

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SWA unit signs deal with Al Holol to manage Saudi desalination plants

Saudi Water Authority (SWA) has announced that its operational unit - Water Desalination - has signed an agreement with Al Holol Water Desalination Company to transfer the management and supervision of...

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Statetron to develop AI, robotics-powered industrial facility in Qatar

Statetron a leading Swedish industrial technology company has announced plans to develop a 10-hectare industrial facility in Qatar combining artificial intelligence (AI) robotics energy storage and autonomous...

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dnata enhances cargo operations with tech-driven command centre

dnata a global air and travel services provider has upgraded its existing cargo control centre into a new Cargo Integrated Command Centre (CICC) in Dubai bringing together technology operational data and...

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Saudi F&B market soars to $58.3bn amid demand for alternative restaurant

SPICE a sharia compliant premium dining startup providing restaurants and cafés with flexible financing while delivering uncapped and unrestricted cashback to diners has underscored Saudi Arabia s structural...

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Dubai Maritime City records 52 vessels in a single day as activity rebounds

Dubai Maritime City (DMC) an integrated maritime services and ship repair hub recorded 52 vessels in its dry berths on July 28 its highest number in a single day as demand for vessel servicing continues...

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UAE-Russia Trade in Services and Investment Agreement enters into force

The Trade in Services and Investment Agreement (TISIA) between the United Arab Emirates and the Russian Federation has officially entered into force marking a significant advancement in bilateral economic...

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DP World moves 500,000 TEUs across GCC overland network

DP World has moved 500 000 twenty-foot equivalent units (TEUs) across the GCC through its road and rail network since March this year giving customers more routing options amid disruption to regional shipping...

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Airports Show to highlight transformation towards digital, green technologies

The Airport Show 2026 taking place in Dubai in October will focus on the tectonic transformation towards digital and green technologies in the airport industry. Airports are undergoing an industry-defining...

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Dubai Chambers in deal with India's Nasscom to boost co-operation in Agentic AI

Dubai Chambers has announced that it has signed an agreement with the National Association of Software and Service Companies (Nasscom) to advance co-operation in Agentic AI and support the growth and expansion...

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Bahri unit seals strategic logistics collaboration with Red Sea Global

Bahri Logistics a unit of Saudi national shipping company Bahri has signed a MoUwith Red Sea Global the developer behind regenerative tourism destinations - The Red Sea and Amaala - to expand the existing...

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