Nizwa Industrial City, affiliated with Oman’s Public Establishment for Industrial Estates (Madayn), has signed a long-term investment usufruct contract for a chemical mixing and oilfield equipment maintenance project valued at more than RO4 million ($10.4 million).
Saudi Vitrified Clay Pipes Company has announced that it had recently submitted an application to the kingdom's Capital Market Authority (CMA) seeking approval to reduce its share capital by nearly 70% (10.46 million ordinary shares) as part of a proposed restructuring to offset accumulated losses.
The Saudi Power Procurement Company (SPPC), the Principal Buyer, has awarded consortiums of Saudi Energy and Acwa Power as well as French utility major Engie contracts worth over SAR4.35 billion ($1.16 billion) for the first group of Battery Energy Storage System (BESS) projects in Saudi Arabia.
DP World has moved 500,000 twenty-foot equivalent units (TEUs) across the GCC through its road and rail network since March this year, giving customers more routing options amid disruption to regional shipping routes.
Energy-focused psychological consultancy IntrospeXion has signed a contract with a major UAE-based energy operator to deliver a company-wide mental health and wellbeing programme that will support employees across onshore, remote, and offshore sites.
United Foods Company (UFC), a leading UAE-based food manufacturing and distribution company, reported a strong performance for the second quarter of 2026, reflecting continued growth in business activity, improved operating performance and enhanced profitability across its operations.
Saudi-based Baazeem Trading Company has announced that it has signed up Al Mammar & Steel Company to build a new warehouse for the company in Khamis Mushait area of the kingdom. The entire construction work will be completed within one year.
DP World today announced the opening of its latest warehouse in Johor, Malaysia, marking another milestone in the expansion of its integrated logistics network across Southeast Asia.
The Airport Show 2026, taking place in Dubai in October, will focus on the tectonic transformation towards digital and green technologies in the airport industry.
Volvo has recently upgraded its heavy-duty truck range to become even safer, more powerful and more energy efficient. To celebrate this achievement, and as a prelude to 2027’s anniversary celebrations, the company is now making its Volvo FH and Volvo FH16 trucks available in a unique anniversary edition.
