AD Ports Group has finalised a $115 million project funding facility to support the development of the Noatum Ports - Safaga Terminal in Egypt, thus reinforcing the Group’s long-term commitment to expanding critical port and logistics infrastructure across its focus international markets.
Swiss-based International Free Zone Authority (IFZA) has entered into a strategic collaboration with Aleria, an IHC Group affiliate, to advance the development of AI-driven digital services and intelligence capabilities that support IFZA’s ongoing digital transformation.
Catapult, the global full-service live experience agency with offices in Dublin, London, New York, and Los Angeles, has announced its strategic expansion into Saudi Arabia. The company's entry into the Kingdom is supported by AstroLabs, the Gulf's leading business expansion platform.
An alarming rise in cargo theft and freight fraud across global supply chains is being highlighted by the International Union of Marine Insurance (IUMI) and the Transported Asset Protection Association's Europe Middle East and Africa division, with incidents escalating across Europe, the Americas and Africa.
Saudi utility giant Acwa Power has announced that its consortium has signed an energy conversion and water purchase agreement for Az Zour North Phase 2 and 3 IWPP in Kuwait. The key $4.1 billion project will be implemented on a build, operate and transfer (BOT) basis.
Indian construction conglomerate Larsen & Toubro (L&T) has signed up Nextpower Arabia, the newly formed joint venture between Nextpower (formerly Nextracker) and Abunayyan Holding, to provide 2.25 gigawatts (GWp) of advanced solar tracking systems for the Bisha Solar project being developed by an Acwa-led consortium.
Grandweld Shipyards, a leading Dubai-based fully integrated shipyard serving the maritime and offshore industries, demonstrated its commitment to sustainability in 2025, achieving a reduction of 920 tonnes of CO₂ emissions and saving 374 tonnes of standard coal.
Opsealog, a provider of data integration and performance management services for the marine offshore industry, has announced the renewal of its long-term contract with ADNOC Logistics & Services (ADNOC L&S), a UAE-based global leader in integrated maritime logistics for the energy sector.
Penspen, a major provider of engineering and project management services, has announced a record year for 2025, securing 65 new contracts worth $456 million across the Middle East and Africa region. These included project management supervision, FEED, consultancy and detailed design contracts.
Idom, a multinational company providing professional services in consulting, engineering and architecture, said it has secured the Front-End Engineering Design (FEED) contract for the flat products expansion project of Saudi Iron and Steel Company (Hadeed) in Jubail.
