Bahri Logistics, a business unit of Saudi National Shipping Company Bahri, has signed agreements with key local entities - AlKhorayef Commercial and Shamal Company - in a major move to boost the localisation of supply chains in the defence and security sectors.
Ghassan Aboud Holding, a leading provider of integrated logistics and supply chain solutions, has joined forces with EasyLease, the capital subsidiary of International Holding Company, for the launch of its new Gallega Global Logistics multi-user aftermarket spare parts hub at Jebel Ali Free Zone (Jafza).
Worley, a leading Australian engineering company, has announced that it has been awarded a major contract by Samsung C&T Corporation to deliver detailed engineering services for the QatarEnergy's LNG Carbon Dioxide Sequestration Project, a CO2 LNG sequestration project for the gas-rich nation.
Fertiglobe, the world’s largest seaborne exporter of urea and net ammonia combined, reported a 41% Y-o-Y increase in revenues to $2.82 billion in 2025, while adjusted EBITDA rose 57% Y-o-Y to $1.02 billion.
Construction costs globally are set to increase by 2.4% in 2026, but growing uncertainty due to the phasing and procurement, is the real challenge to project delivery, said an industry expert. In the Middle East, the costs will rise by 4% in Saudi Arabia driven by reliance on imported and specialist materials and 3% in the UAE.
Adnoc Logistics & Services (Adnoc L&S) posted strong Q4 2025 and record full-year results, with $5.016 billion revenue—a 41 per cent increase—driven by market demand and operations. Over 60 per cent of combined revenue with AW Shipping comes from long-term, recurring contracts, boosting earnings visibility and market resilience.
Emirates Drug Establishment and Mubadala Bio Limited have signed a memorandum of understanding (MoU) to strengthen and advance the UAE’s medical products manufacturing sector as well as supporting national efforts to enhance pharmaceutical security and localise vital drug industries.
Aramex group revenues reached AED6.36 billion ($1.72 billion) in FY 2025, up 1% YoY, while Q4 revenues totalled AED1.70 billion, broadly in line with Q4 2024, reflecting sustained growth in domestic express, freight forwarding, and logistics amid continued global trade realignment, the company said.
Global technology leaders from over 20 countries will be at the World Advanced Manufacturing & Logistics (WAM) 2026 to explore and understand the technologies powering the Saudi industrial transformation, especially in advanced manufacturing, AI, smart logistics, materials innovation and GenNext mobility.
Ras Al Khaimah Economic Zone (Rakez) has signed a strategic agreement with global technology company Zoho to provide its business community with access to essential digital tools including its cloud-based business applications for managing and running their companies.
