Industry, Logistics & Shipping

Industry, Logistics & Shipping

Wabag JV wins $372m Kuwait desalination plant contract

Sun, 21 Jun 2026

VA Tech Wabag, a leading multinational water technology company based in India, has announced that its joint venture with Heavy Engineering Industries & Shipbuilding Company, has secured a major contract worth KD114.3 million ($372 million) for a SWRO desalination plant in Kuwait.

Industry, Logistics & Shipping

Bahrain secures IsDB funding for major highway, industrial city projects

Sun, 21 Jun 2026

Bahrain has signed key financing agreements with Islamic Development Bank (IsDB) for the King Faisal Highway Project and the Salman Industrial City Expansion Project. This comes as part of the kingdom's efforts to implement strategic projects in vital infrastructure sectors.

Industry, Logistics & Shipping

Dubai to host World Green Economy Summit in October

Sat, 20 Jun 2026

Some of the leading decision-makers, business leaders, investors and experts in resilience and infrastructure, along with key representatives from government, the private sector and academia, will be in Dubai this October for the 12th edition of World Green Economy Summit (WGES).

Industry, Logistics & Shipping

Mideast fire experts to showcase AI, emergency preparedness at top US event

Sat, 20 Jun 2026

Leading fire and life safety professionals from across the Middle East region will be showcasing the artificial intelligence (AI) and emergency preparedness innovations at the National Fire Protection Association's annual conference and expo being held this week in Las Vegas, US.

Industry, Logistics & Shipping

Hanwha inks deal for UAE production of K9 self-propelled howitzer

Sat, 20 Jun 2026

Hanwha Aerospace, a defence, aerospace and industrial company in South Korea, has signed a teaming agreement with UAE-based Generation 5 Holding to collaborate on the manufacture and sale of the K9 155mm self-propelled howitzer across the Middle East market.

Industry, Logistics & Shipping

Bank Nizwa backs landmark Oman India Fertiliser Company share sale

Sat, 20 Jun 2026

Bank Nizwa has joined the initial public offering of Oman India Fertiliser Company as a collecting bank, further strengthening its position as key provider of Islamic banking solutions. One of the top five fertiliser producers in the GCC, it is offering 25% of its share capital through the IPO.

Industry, Logistics & Shipping

Saudi NIDLP activities contribute $278.7bn to kingdom's non-oil GDP

Fri, 19 Jun 2026

Saudi Arabia's National Industrial Development and Logistics Program (NIDLP) activities contributed SAR1,045 billion ($278.74 billion) to non-oil GDP in 2025, representing 39% of the Kingdom's total non-oil GDP, up from SAR996 billion in 2024, said the program's annual report.

Industry, Logistics & Shipping

Strait of Hormuz: Full shipping recovery at least three months away

Fri, 19 Jun 2026

The US-Iran deal should allow a return of container shipping to the Strait of Hormuz, but the scale of disruption caused by the blockade puts a recovery of ocean supply chain networks at mid-September 2026, in a best-case scenario, says Xeneta, an ocean and air freight intelligence platform.

Industry, Logistics & Shipping

Emirates Biotech to showcase latest product at Saudi Plastics & Petrochem

Fri, 19 Jun 2026

Emirates Biotech, a leading innovator in the biopolymers industry, will exhibit its Embio PLA biopolymers and their sustainability benefits across a wide range of applications at the upcoming Saudi Plastics & Petrochem 2026.

Industry, Logistics & Shipping

AD Ports launches logistics services between Khalifa Port and Iraq's Umm Qasr

Fri, 19 Jun 2026

AD Ports Group, a leading global enabler of trade, industry, and logistics solutions, has launched integrated logistics services connecting Khalifa Port with Umm Qasr Port in Iraq, reinforcing the group’s commitment to enhancing regional connectivity and supporting existing trade corridors.