2PointZero Group, a leading Abu Dhabi-based investment holding firm, on Friday announced its FY 2025 results, reporting revenue growth of 311 percent year-on-year to AED7 billion ($1.91 billion) that bring group net profit for the year to AED3.6 billion ($980.26 million).
The United Arab Emirates and the United States have signed a Framework on Securing Supply in the Mining and Processing of Critical Minerals and Rare Earths, on the sidelines of the US Critical Minerals Ministerial in Washington, D.C.
Amazon is entering its fourth-quarter earnings period with improving investor confidence, supported by a strong performance in the previous quarter and growing optimism around its cloud computing division, Amazon Web Services (AWS), said an industry expert.
Bahrain’s natural pearl sector has witnessed prices surge by at least 40% over the past year, buoyed by the renewed global demand for rare gemstones as laboratory-grown alternatives gain market share, said a top official of Bahrain Institute for Pearls and Gemstones (Danat).
Weatherford International, a leading oilfield service company, secured significant orders in 2025 across GCC from heavyweights including Oman PDO, Oxy, Kuwait Oil Company and Bahrain Petroleum (Bapco) for well services, gas-lift as well as directional drilling and MPD services.
Nesma Infrastructure & Technology said it has secured a new power cable replacement contract from Saudi Electricity Company (SEC) within the kingdom's Central Operation Area. The scope of work includes removal of existing cable and installation of advanced underground transmission systems.
Tanmiah Food Company, one of the kingdom’s leading vertically integrated poultry and food producers, has signed two strategic MoUs with Sequencive sustainability portfolio companies for the digitisation of waste management and the R&D of alternative proteins to enhance the Kingdom’s food security.
More than 200 Russian companies are expected to take part in the upcoming international industrial trade fair “Innoprom Saudi Arabia”, set to take place at Riyadh’s The Arena Venue from February 8 to 10.
AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, on Thursday signed a 30-year concession agreement with Aqaba Development Corporation (ADC) to manage and operate the Aqaba Multipurpose Port, Jordan’s only and exclusive general cargo and multipurpose seaport.
Ras Al Khaimah Economic Zone (RAKEZ) undertook a strategic roadshow across India, engaging with entrepreneurs, manufacturers, and industry leaders across three key cities.
