The UAE’s economy continues to achieve strong and accelerated growth and is expected to grow by more than 5% this year, with non-oil sectors projected to expand by over 5.5%, accounting for 78% of gross domestic product, said report citing a senior minister.
Abu Dhabi-based XRG has signed an agreement with leading Italian petroleum company Eni and Argentinian group YPF for the development of an integrated gas and liquefaction project on Argentina’s Vaca Muerta shale basin that will help position the country as a long-term global LNG supplier.
AD Ports Group, a leading global enabler of trade, logistics, and industry solutions, has joined Africa Ports Development’s (APD) 30-year concession to design, build and operate a new dry bulk terminal at the Port of Douala in the Republic of Cameroon.
Lalan Group marked a historic milestone with the inauguration of its first overseas manufacturing facility at the Sohar Freezone, becoming the first Sri Lankan investment in the zone within the medical manufacturing sector.
Kerno Enterprises, the UAE’s enterprise-level IT hardware manufacturer, hosted an invite-only tour of its upcoming manufacturing facility in Dubai Silicon Oasis (DSO) on February 10.
BlueFive Capital, a global investment platform with $7.4 billion in assets under management (AUM), has announced the launch of BlueFive Leasing, the Gulf region's first dedicated aircraft leasing asset management platform, based in Muscat, Oman.
Ritchie Bros. Dubai will host its first auction of the year next week, offering more than 1,900 items - including many unused machines - for sale. The public, unreserved auction, where every lot sells to the highest bidder, marks the start of the 2026 auction calendar.
DP World has announced that the average volumes of food supplies have risen by up to 35% as retailers across the region have begun stocking early ahead of Ramadan, with higher volumes of staple foods goods moving through Jebel Ali six to eight weeks before the holy month.
The Arab Shipbuilding and Repair Yard Company (ASRY) showcased its extensive expertise and advanced capabilities in the maritime industry as well as the scale of its technical and operational capacity at the Breakbulk Middle East 2026 Exhibition & Conference held recently in Dubai.
Indra, a Spanish aerospace, defence and mobility systems group, has announced that it has secured the renewal of its operation and maintenance contract for the Haramain High-Speed Line project from Saudi Arabia Railways (SAR) for another five-year term.