Qatar Gas Transport Company (Nakilat) achieved a net profit of QAR439 million ($120.43 million) for the first quarter ended March 31, 2026, compared to QAR433 million for the same period of 2025.
Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, has announced plans to acquire an 80% stake in Italian aluminium recycling company Eco Green. A specialist in aluminium scrap collection, Eco Green has a 70,000 tonnes per year capacity.
Iraq has approved the bidding process for a $4.6 billion oil pipeline linking Basra to Haditha, in a step aimed at strengthening its crude export infrastructure. The planned pipeline will stretch 685 km, transporting crude oil from southern Iraq to northern regions.
Across the Middle East, manufacturers are navigating a perfect storm of workforce pressures. Labour markets have historically been heavily reliant on expat workers. Skills availability varies widely across shifts and sites. Succession planning is uneven, while unplanned leave, fatigue and turnover introduce daily operational risk.
Saudi non-oil exports achieved a historic performance in 2025, rising to SAR624 billion ($166.36 billion) from SAR543 billion in 2024 and recording 15% annual growth, while their share of total exports increased from 39% to 44%, the highest in history.
ACES US Holding Inc (ACES US or the Corporation), the US subsidiary of the Middle East’s leading construction services and geotechnical engineering services firm, ACES Group, has completed its acquisition of Meskel & Associates Engineering (Meskel or MAE), a premier North Florida geotechnical engineering, materials testing and inspection, and CEI firm with over 18 years of experience in throughout the southeast US.
The International Fund for Agricultural Development (IFAD) has warned that the conflict in the Middle East is creating severe disruptions for smallholder farmers and producers around the world and exposing the global food system’s structural vulnerabilities to external shocks.
ALUMINIUM Arabia has announced the participation of Saudi Arabia’s Ministry of Industry and Mineral Resources as a Strategic Partner for its upcoming edition in Riyadh in June.
Stellantis and Microsoft have announced a five‑year strategic collaboration aimed at accelerating Stellantis’ digital transformation through the co‑development of advanced AI, cybersecurity and engineering capabilities.
DP World said it continues to support its customers in ensuring the smooth flow of goods by integrating sea, rail and road networks that are increasingly critical to supply chain resilience. Industry projections show the global multimodal transport market is expected to grow to nearly $160 billion by 2032.
