The Board of Members of the World Steel Association (worldsteel) has re-elected Eng Saeed Ghumran Al Remeithi, Group CEO of Emsteel, as Chair of the Association’s Audit Committee for the 2026-2027 term.
Viking Completion Technology has formed a joint venture with Abdulrahman Algosaibi Holdings and launched an API-certified manufacturing, testing and service facility in Dhahran, Saudi Arabia. The facility will produce oil and gas completion equipment locally, strengthening supply chains, reducing delivery times and supporting the Kingdom’s localisation drive.
The Abu Dhabi Department of Energy (DoE) hosted a workshop aimed at hastening the implementation of energy and water efficiency projects at industrial facilities.
WestPoint, a leading manufacturer of premium bed and bath textiles, has announced the opening of its new factory in Bahrain. It will be producing fibre fillings used in bedding, pillows and filled products, said a report.
AESG, a leading global engineering, consultancy and advisory firm, has announced the acquisition of Australia's leading specialist renewable energy consultancy The Energy Project (TEP). The Emirati company has also appointed industry veteran Andrew Mather as the country managing director.
The Royal Commission for Riyadh City (RCRC) has awarded contracts worth SAR5.5 billion ($1.47 billion) to German industrial giant Siemens and French rolling stock manufacturer Alstom for 94 new train sets for its Riyadh Metro network. Deliveries are set to begin in 2028, with the trains to be supplied in phases.
The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has partnered with The Boring Company (TBC), the advanced tunnelling and infrastructure technology company founded by Elon Musk, to explore underground transport, utility tunnels, and related infrastructure solutions across the emirate.
Saudi Arabia has signed strategic agreements with Kuwait, Qatar and Egypt, establishing frameworks for co-operation across a range of energy sectors. The deal covers electricity, renewable energy, oil, gas and petrochemicals sector, said a report.
The UAE is exploring opportunities to strengthen industrial, technological and investment cooperation with China through the participation of its delegation at the China International Industry Fair (CIIF) 2026, taking place in Shanghai until October 16.
Saudi Maritime and Logistics Congress will return to Jeddah on October 21-22, bringing together more than 200 exhibitors and 120 speakers to discuss port competitiveness, trade corridors, energy transition and investment as Saudi Arabia advances its logistics ambitions.
