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Ghitha Holding records strong revenue of $441m for Q1

Ghitha Holding a subsidiary of 2PointZero has announced its consolidated financial results for the three-month period ended March 31 2026. During the period revenue grew by 23% YoY to AED1.62 billion (...

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Alvarez & Marsal unveils roadmap to fast-track GCC industrial localisation

Alvarez & Marsal (A&M) a leading global professional services firm has published a strategic roadmap designed to accelerate industrial localisation across the GCC. Detailed in a new whitepaper Industrial...

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GPCA, IRU join forces to drive safety in dangerous goods transport

The Gulf Petrochemicals and Chemicals Association (GPCA) has signed a Memorandum of Understanding (MoU) with IRU the world road transport organisation to advance safer dangerous goods transport. GPCA and...

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Fertiglobe delivers 31% EBITDA growth in Q1, revenues hit $915m

Fertiglobe the world s largest seaborne exporter of urea and net ammonia combined and the largest nitrogen fertilizer producer in the MENA region reported strong revenues of 915 million for Q1 2026 reflecting...

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UAE’s Opec exit signals turning point for global oil, says expert

The UAE s decision to exit Opec and Opec marks a significant turning point in global oil markets according to an expert at eToro a key trading and investing platform. The key oil major announced that it...

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UAE group Paradigm expands global gold network with Congo deal

UAE-headquartered Paradigm Holdings has signed a new gold supply agreement with the Government of the Democratic Republic of Congo (DRC) further strengthening its position as a growing player in the global...

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Eurogulf Transformer expands Hamriyah Free Zone facility with new investment

Eurogulf Transformer FZE a manufacturer of power and distribution transformers has announced plans to expand its industrial facilities in Hamriyah Free Zone in Sharjah with a new investment of nearly AED60...

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Saudi date exports surge 14.3% to $517m

Saudi Arabia achieved record growth in date exports in 2025 with their value reaching SAR1.938 billion ( 516.89 million) a 14.3% increase compared to 2024 and a significant 59.5% surge since 2021. This...

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AD Ports inks Azeri transport, logistics infrastructure collaboration deal

AD Ports Group has announced that it has signed an agreement with Azerbaijan Transport and Communications Holding (Azcon Holding) to explore strategic collaboration across ports shipping logistics and...

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AD Ports Group, AZCON Holding to explore Azerbaijan opportunities

AD Ports Group a leading global enabler of trade industry and logistics solutions has signed a memorandum of understanding (MoU) with Azerbaijan Transport and Communications Holding (AZCON Holding) to...

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Saudi Gasco gets approval to acquire 50pc stake in Jacko Gases

Saudi Arabia s National Gas and Industrialisation Holding Company (Gasco) said on Wednesday it had received clearance from the General Authority for Competition to proceed with its planned acquisition...

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Abu Dhabi non-oil trade jumps 36% to $113bn in 2025; exports rise 63%

Abu Dhabi s non-oil foreign trade rose 36 per cent in 2025 exceeding AED415.4 billion ( 113.11 billion) compared with approximately AED306 billion in 2024 Abu Dhabi Customs said. This growth reflects Abu...

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Qatar unveils support package to steady markets, boost investor confidence

Qatar has introduced a package of measures aimed at supporting market stability and boosting investor confidence amid evolving regional conditions authorities said. The measures delivered through the country...

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Adnoc L&S takes delivery of sixth LNG carrier from China shipyard

Adnoc Logistics & Services (Adnoc L&S ) has taken delivery of its sixth 175 000 m new-build LNG carrier from Jiangnan Shipyard in China. The addition of this vessel further strengthens Adnoc L&S role in...

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Speedex Tools expands into Abu Dhabi with new store

Speedex Tools a leading UAE retailer and distributor of tools hardware and home improvement solutions has officially opened its newest retail destination in Musaffah Abu Dhabi marking another milestone...

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UAE to set up $272m industrial fund, new rule on In-country Value Programme

The UAE will establish a National Industrial Resilience Fund with a capital of AED1 billion ( 272.3 million) to support the localisation of critical industries and strengthen supply chain resilience in...

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