Oman's Samail Industrial City, affiliated with the Public Establishment for Industrial Estates (Madayn), received 24 investment applications during the first half of the current year, resulting in the localisation of 12 projects alongside the expansion of two existing facilities, with a combined investment volume exceeding RO13 million ($33.81 million).
The value of the manufacturing sector's contribution to Oman's gross domestic product at constant prices reached approximately RO3.7 billion ($9.62 billion) by the end of 2025, according to statistics issued by the National Centre for Statistics and Information.
The South Container Terminal (SCT) at Jeddah Islamic Port handled over 221,200 twenty-foot equivalent units (TEUs) in July 2026, its highest monthly throughput since DP World began operating the terminal in 1999.
dnata, a global air and travel services provider, has upgraded its existing cargo control centre into a new Cargo Integrated Command Centre (CICC) in Dubai, bringing together technology, operational data and decision-making tools to improve cargo operations across the UAE.
Iran and Oman have agreed to pursue a temporary shipping corridor through the Strait of Hormuz and launch efforts to clear mines from the strategic waterway, in the latest diplomatic push to restore the flow of vessels through the Strait.
Saudi telco stc said its mission-critical and secure wireless communications unit - specialised by stc - will be showcasing its portfolio of next-generation critical communication offerings at LEAP 2026, a premier global technology event which kicks off next week in capital Riyadh.
Leading UK-based credit asset manager Channel Capital Advisors has announced the acquisition of a minority interest of Magellan’s position in the SME funding programme of top regional SME funding platform Beehive, mainly focused on Emirati SMEs.
Strong investor confidence, a strategic realignment of regional trade flows, and sustained momentum toward Vision 2030’s industrial diversification goals have reinforced Saudi Arabia’s position as a critical and resilient logistics hub, according to a JLL report.
The Saudi Ports Authority (Mawani) announced the signing of an agreement between Red Sea Gateway Terminal (RSGT) and French shipping group CMA CGM to develop and operate the fourth container terminal at Jeddah Islamic Port, with an investment of approximately SAR1.6 billion.
The Bench, the organiser of Future Hospitality Summit (FHS) series, has announced that its key event - Branded Residences Forum (BRF) - is being renamed as ‘FHS Living’, thus bringing branded residences together with seven other living asset classes under a single, expanded platform.
