Swedish industrial technology company Statetron has announced plans to develop a 10-hectare industrial facility in Qatar combining artificial intelligence (AI), robotics, energy storage and autonomous logistics in a manufacturing system designed to scale to multi-gigawatt capacity.
Bahri Logistics, a unit of Saudi national shipping company Bahri, has signed an agreement with Red Sea Global, the developer behind regenerative tourism destinations to expand their existing partnership and also explore new opportunities for strategic logistics collaboration.
Saudi Water Authority (SWA) said its operational unit has entered into an agreement to transfer the management and supervisory responsibilities for a portfolio of desalination plants to Al Holol Water Desalination Company, covering facilities that use groundwater and surface water.
Bawan Engineering Group (UTEC), an energy and infrastructure solutions provider, believes that long-term readiness is built through deliberate strategy, workforce capability, and governance aligned with consistent execution. This view places emphasis on sustained organisational development.
EDECS Group, a leading MEA region EPC contractor, has secured a strategic contract from DP World to redevelop seven operational yards at Tanzania's Dar es Salaam Port terminal 1 operated by DP World Dar Es Salaam.
The UAE has said that all trade, commercial exchanges, and financial transactions with Iran have been halted until further notice in light of regional escalations that undermine regional and international peace and security.
Iran appears to be losing significant control over the Strait of Hormuz as commercial vessels increasingly use an Omani shipping route despite Tehran’s warnings, while US President Donald Trump has ruled out any current or planned negotiations with Iran, adding to uncertainty over the strategic waterway and pushing oil prices higher.
SABIC Agri-Nutrients Company (formerly Saudi Arabian Fertilizer Company - Safco) has announced that it has signed an agreement to explore potential collaboration opportunities with Maaden Integrated Fertilizer Company (MIFC), a key unit of Saudi mining giant Maaden.
Saudi-based Arabian Drilling has announced that it has signed a contract with a new client in the GCC, thus marking its entry into a new Gulf market. The deal follows the early completion of its first international offshore drilling contract and the redeployment of the jack-up rig to another GCC country.
The Saudi Ports Authority (Mawani) has announced the addition of global shipping company PIL’s intra-Redsea feeder service to Jeddah port, a move that will enhance the port's capabilities and support trade between the kingdom and the other regional and international markets.
