United Solar has welcomed new US measures to strengthen domestic polysilicon production and solar supply chains, including a $21-per-kg minimum import price for polysilicon and a 15 per cent duty on downstream derivatives, effective December 4, 2026.
Presight AI Holding, a global leader in AI and data analytics, has reported revenue growth of 36.1% for the second quarter, which soared to AED713.2 million ($194 million), while its profit after tax registered a 30.2% growth over last year despite a dynamic regional operating environment.
Oman-based United Solar welcomed the new US measures to strengthen its domestic polysilicon industry and improve the resilience of its semiconductor supply chain such as a $21-per-kg import price and price floors for polysilicon ingots and wafers, solar cells and solar modules.
Dubai South Business Hub Free Zone (DSBH) has entered into a strategic collaboration with DHL Express, a leading international express logistics provider, in a bid to build a thriving business ecosystem that enables entrepreneurs and small and medium-sized enterprises (SMEs) to grow, scale, and compete globally.
Silverwell, a provider of innovative gas lift solutions to the energy sector, has secured a multi-well contract from a top Middle East operator for the deployment of its Digital Intelligent Artificial Lift (DIAL) technology. The program spans key offshore assets such as the high-rate extended reach drilling (ERD) wells.
Egypt has launched an international bid round for oil and gas exploration across 14 new areas, covering the Mediterranean Sea, Nile Delta, North Sinai, Gulf of Suez, Sinai and Western Desert. Production had started from Belayim Marine 133 well in the Gulf of Suez, with initial output of about 1,500 barrels per day.
Oman's Public Establishment for Industrial Estates (Madayn) said it aims to develop four industrial cities in key governorates across the sultanate spanning a total area of 25.5 million sq m. This comes as part of its grand 11th Five-Year Development Plan for 2026-2030 period.
Abu Dhabi-based Global South Utilities (GSU) has announced the opening of the largest infrastructure project in the Central African Republic's history at Sakaï. The project combines a 50MW solar PV facility with a 15-megawatt-hour Battery Energy Storage System (BESS),
SAL Logistics Services, Saudi Arabia’s national leader in cargo handling, logistics and supply chain management, has received the International Air Transport Association (IATA) Security Management System (SeMS) Level 1 certification.
A consortium of Saudi utility giant Acwa Power and US group Air Products has completed construction work on the $8.5-billion green hydrogen project at Oxagon within Saudi Arabia’s mega futuristic city NEOM, and commercial operations are set to begin next year, said a report.
