The Integrated Gas Company (IGC), the national gas aggregator of Oman, has approved the transfer of the BP Block 61 Ghazeer Gas Export Pipeline (Phase 2) to OQ Gas Networks, following a comprehensive technical and commercial review of its proposal.
Fincantieri, a leading Italian group and one of the world's largest shipbuilding groups, has signed a deal with ASRY (Arab Shipbuilding & Repair Yard) to explore collaboration in the shipbuilding sector, thus reinforcing its presence in the Gulf region.
The Global Investors Forum (GIF 2025) closed its sessions in capital Tbilisi, with the launch of a new Saudi-Georgian platform that will open new horizons for cross-continental economic co-operation and help reshape future of GCC investment in Eurasian markets.
The global air cargo tonnages in November surged by 5% over last year, extending year-on-year gains of September and October. The growth was mainly led by traffic originating in the Middle East and South Asia region, which posted a 11% growth, said a report.
Mena Biofuels has sealed an agreement with Saybolt International, a global leader in testing, inspection and certification, for setting up UAE's first independent sustainable aviation fuel (SAF) testing and certification laboratory in Fujairah.
Bahrain Economic Development Board (Bahrain EDB) and the Ministry of Investment of the Kingdom of Saudi Arabia (MISA) have signed a memorandum of understanding (MoU) aimed at promoting direct investment.
Emerson, a global leader in automation technology and software, has opened registration for Emerson Exchange 2026, taking place from May 19-21, 2026 at the Dubai World Trade Center.
Major carrier CMA CGM has announced its Indamex service will transit Suez Canal on fronthaul and backhaul voyages between India/Pakistan and US East Coast in a notable step towards a largescale return of container ships to the Red Sea region.
Gree, one of the world’s leading HVAC industry players and the ‘largest manufacturer of air conditioning units globally’, showcased its latest innovations and comprehensive product portfolio at the recent Big 5 Global exhibition in Dubai.
Economic growth across the Gulf Cooperation Council (GCC) gained momentum in 2025, supported by structural reforms and rapid digital innovation, said a World Bank report. The UAE is expected to top the region with 4.8% growth in the year.
