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Etihad Rail taps rail freight to streamline seafood supply chain

As part of a community-driven initiative Etihad Rail Freight a subsidiary of Etihad Rail which is responsible for delivering freight services has partnered with the Abu Dhabi Fishermen Cooperative Society...

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CargoX raises $250m from BlueFive Capital-led investor group

CargoX an autonomous delivery platform based in the UAE today (June 2) announced that it has raised 250 million from an investor group led by BlueFive Capital. BlueFive Capital is one of the world s fastest...

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US group Positron AI opens first overseas office in Dubai

Positron AI a US-based developer of next-generation specialised AI inference infrastructure has established its first presence outside the country in the Dubai International Financial Centre (DIFC)) the...

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Dubai Taxi Company in deal to boost mobility services in Ajman

Dubai Taxi Company (DTC) a leading provider of comprehensive mobility solutions has signed an agreement with AJ Industries a leading provider of sustainable and innovative automotive solutions in Ajman...

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National Metal Manufacturing unit wins supply contract for Saudi power project

Saudi industrial manufacturer National Metal Manufacturing and Casting Co said its subsidiary has signed a supply contract worth more than SAR10 million with Harbin Electric International Company for equipment...

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Iran 'will restore commercial shipping to pre-war levels if deal agreed'

Iran will restore commercial shipping through the Strait of Hormuz to pre-war levels within a month as per the draft of an initial unofficial framework for a memorandum of understanding with the United...

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Conflict prompts fast-tracking of alternative trade route projects: UAE minister

The conflict in the region has prompted the UAE to fast-track a series of alternative trade and logistics projects that were already under development as the country moves to safeguard supply chains and...

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Dubai Chamber of Commerce hosts record 510 meetings during Addis Ababa mission

Dubai Chamber of Commerce one of the three chambers operating under the umbrella of Dubai Chambers has concluded the Ethiopia leg of its trade mission to Ghana and Ethiopia organising 510 bilateral business...

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Mideast records $23bn in M&A deals, UAE's Q1 transactions down

The Middle East recorded sustained merger and acquisition (M&A) activity in the first quarter with 196 deals valued at 23.3 billion being announced compared to 207 deals worth 31.3 billion last year stated...

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Gordon Brothers offers heavy fabrication, forming machinery in auction

Gordon Brothers a global asset expert has announced a major online sale of heavy fabrication and forming machinery to be held on June 11. The sale comes at a strategically important time for regional industry...

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ADMA, Bahrain Polytechnic sign MoU to collaborate on maritime transport, technologies

Abu Dhabi Maritime Academy (ADMA) has signed a memorandum of understanding with Bahrain Polytechnic to strengthen cooperation in the areas of education training and applied research. The MoU also aims...

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Abu Dhabi Maritime Academy forges partnership with Bahrain Polytechnic

Abu Dhabi Maritime Academy (ADMA) has signed an agreement with Bahrain Polytechnic to strengthen cooperation in the areas of education training and applied research and to build high-impact partnerships...

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UAE's real GDP in 2025 surges 6.2pc to $517bn

UAE s real gross domestic product (GDP) grew by 6.2% in 2025 over the previous year to hit AED1.9 trillion ( 517 billion) stated a report by the country s Federal Competitiveness and Statistics Centre...

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Bahrain's Mumtalakat reports record profits of $1.579bn for 2025

Bahrain Mumtalakat Holding Company (Mumtalakat) the sovereign wealth fund of the Kingdom of Bahrain has announced another record year reflecting the strong performance of its portfolio companies and the...

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GCC states' GDP reaches $2.4trn; non-oil sector's share tops 78%

The gross domestic product (GDP) of the GCC states reached approximately 2.4 trillion in 2025 positioning the council s economies among the world s influential economic powers according to data issued...

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Sharjah waives toll gate fees for Oman trucks under logistics corridor initiative

Sharjah Ports Customs and Free Zones Authority in cooperation with the Sharjah Roads and Transport Authority has exempted cargo trucks arriving from Oman and operating within the approved logistics corridor...

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