Indonesia will stop importing diesel fuel starting July 1, 2026, in line with the implementation of B50, a biofuel blend consisting of 50 per cent diesel and 50 per cent crude palm oil (CPO).
More than 105,500 Bahraini private‑sector workers could have their April salaries paid directly from the Unemployment Fund if a proposal gets approved.
Partners Group, one of the largest firms in the global private markets industry, has announced the appointment of Abdullah Alshamlan as its new Head of Kuwait. The appointment follows the firm’s recent announcement regarding its office opening in Kuwait, the application process for which is underway.
ACICO Group, a full-service, multi-sector construction group based in Kuwait, said it has returned to profitability with a KD2.9 million ($9.4 million) net profit in 2025 compared with a net loss of KD11.2 million ($36.2 million) a year earlier, reflecting progress in its restructuring plan.
Dahbashi Engineering, a leading provider of after parts for heavy machinery and energy solutions, has announced its transition to on-grid solar power at its headquarters in Dubai Industrial City, thus underscoring its commitment to sustainable growth and regional energy efficiency goals.
Abu Dhabi's Integrated Transport Centre (ITC) has announced that it has achieved a major milestone with its green bus fleet surpassing 1.3 million eco-friendly kilometres since its launch in 2024. Its green fleet comprises buses powered by hydrogen fuel cell technology and electric energy.
A convoy of eight tankers - comprising one very large crude oil carrier (VLCC) and chemical tankers - was crossing the Strait of Hormuz on Saturday, data showed, as some ship owners said they hoped Tehran would allow them to leave the Gulf during a short ceasefire window in the Iran war.
There will be clear winners and losers across global stock markets should the US and Iran reach a peace deal this weekend, affirms Nigel Green, the CEO of deVere Group, one of the world’s largest independent financial advisory organisations.
EDGE, one of the world’s advanced technology groups based in UAE, said it has joined hands with Spanish defence major Indra Group to jointly explore the development and production of next-generation radar systems in Brazil. The agreement lays the groundwork for a tripartite strategic collaboration.
Saudi Arabia has activated a strategic logistics service through the integration of Saudi Arabia Railways (SAR), the Saudi Ports Authority (Mawani), and national shipping carrier Bahri, transporting diammonium phosphate (DAP) from Ras Al-Khair to Yanbu Port.
