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SABIC's Abdulrahman Al-Fageeh retires, new CEO named

SABIC has announced the retirement of its CEO and Executive Member of the Board Abdulrahman Al-Fageeh effective April 1 2026. The Board of Directors has appointed Dr Faisal Al-Faqeer as the new CEO. In...

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Acwa's 2025 revenue soars to $1.97bn; net profit up 60pc

Saudi-listed Acwa the world s largest private water desalination company a leader in the energy transition and a first mover into green hydrogen at scale today (March 4) reported solid results for FY 2025...

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Oman's Madayn inks investment contracts to localise three industrial projects

Oman s Public Establishment for Industrial Estates (Madayn) has signed three investment contracts to localise new industrial projects in the Polyethylene Terephthalate (PET) sector spanning recycled plastics...

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Sharjah Airport eyes cargo growth as throughput tops 204,000T

The Sharjah Airport Authority (SAA) showcased expansion plans in air cargo integrated logistics solutions and digital transformation initiatives as well as its sustainability strategy at the Air Cargo...

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Abu Dhabi begins testing driverless trucks in logistics zone

The Integrated Transport Centre (ITC) an affiliate of the Department of Municipalities and Transport has announced the launch of a pilot programme for autonomous freight trucks in partnership with global...

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Saudi Arabia non-oil exports soar 18.6% in Q4; trade surplus up 26.3%

Saudi Arabia recorded an 18.6% increase in non-oil exports including re-exports in the fourth quarter of 2025 (Q4) compared to the fourth quarter of 2024. Total merchandise exports rose 7.9% during the...

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EDGE in deal with Spanish group EM&E to set up $1.5bn defence JV

The UAE s EDGE Group and Spain s EM&E Group have signed an agreement to explore the establishment of a UAE-based joint venture supported by a commercial pipeline of approximately 1.5 billion. As per the...

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Khazna gets key certification for region's first AI liquid cooling data centre

Khazna Data Centers a global leader in hyperscale digital infrastructure has achieved Uptime Institute Tier III Certification of Design Documents (TCDD) award for its newest 100 MW AI-optimised data centre...

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All Jebel Ali terminals are operating normally, says DP World

All terminals at Jebel Ali Port in Dubai are operating normally said DP World a leading provider of smart end-to-end logistics solutions and the port operator. Jebel Ali Port is the largest port in the...

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AD Ports Group says all operations continue as normal

AD Ports Group a leading global enabler of trade industry and logistics solutions confirms that all operations across its clusters continue as normal in light of current regional developments. As a precautionary...

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Three tankers damaged in Iran strikes says Reuters report

At least three tankers were damaged off the Gulf coast after US and Israeli strikes on Iran triggered Iranian retaliation that put merchant ships at risk of collateral damage Reuters said quoting shipping...

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EDGE inks strategic defence co-operation deal with Korea

EDGE Group a leading Emirati technology and defence conglomerate has signed a co-operation framework with South Korea s Defence Acquisition Programme Administration (DAPA) during its recent high-level...

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Abu Dhabi records 29pc jump in new economic licences for 2025

The Abu Dhabi Registration Authority (ADRA) has announced solid growth in the number of new and active economic licences for 2025 in the UAE capital which increased by 29% compared to the year before with...

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EGA delivers solid results for FY 2025; revenue soars to $8.7bn

Emirates Global Aluminium (EGA) today (February 25) announced strong underlying financial performance and record sales for FY 2025. The key industrial group s underlying revenues increased by 14% to hit...

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Etihad Cargo flies high with $1.2bn revenue; 9pc volume growth

Etihad Cargo the logistics arm of UAE national carrier Etihad Airways has delivered strong performance in 2025 increasing revenue by 8% year-on-year while transporting 703 000 leg tonnes marking a 9% rise...

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EDGE Group, Safran in deal to boost UAE smart weapons market

EDGE Group an UAE-based defence company and Safran Electronics & Defence an international technology group have signed an agreement to jointly explore the development production and commercialisation of...

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