NMDC Energy, an Abu Dhabi-based engineering, procurement, and construction (EPC) services company, reported a strong first half of 2026, with revenue rising 16 per cent year on year to AED9.5 billion ($2.6 billion), driven by diversified growth across its UAE operations and international EPC projects.
Zain Omantel International (ZOI), a global hyperscale networking provider, has signed an agreement with Tata Communications to explore the development of a next-generation inter-operator roaming platform powered by AI and blockchain technologies.
Mammoet, a global leader in engineered heavy lift and transport sector, has expanded its fleet in Saudi Arabia with the deployment of seven Mercedes-Benz trucks, 60 Goldhofer conventional axle lines, Azobé crane mats and all-terrain and crawler cranes as part of a major investment in the kingdom.
Masdar and Montenegro’s EPCG have advanced their renewable energy partnership, signing agreements for 150MW of solar projects and exploring over 400MW of pumped hydro storage under a joint venture targeting 2GW of clean energy capacity.
Fertiglobe, a major exporter of urea and net ammonia and the exclusive ammonia platform of ADNOC and XRG, today reported strong revenues of $1.1 billion, up 92% year-on-year, for the second quarter of this year.
Abu Dhabi-based AD Ports and global ship management company Columbia Group have appointed Xanthos Kyriacou as the new CEO of its joint venture Noatum CSM. He brings strong regional experience, deep operational knowledge and a clear understanding of the needs of shipowners.
Quiqup, a UAE-based e-commerce logistics provider, has launched its eco-friendly deliveries initiative, a year-long programme designed to connect local last-mile deliveries with verified carbon removal, while supporting both climate projects and mangrove restoration efforts in UAE.
Leading Saudi group Almarai has been ranked as the most influential brand in the food and grocery sector in the kingdom in addition to being ranked third among the most influential Saudi brands in the Kingdom, according to a study released by Ipsos this year.
DP World has reached a major construction milestone at the Port of Ndayane with the completion of major dredging works 13 months ahead of schedule, marking one of the most significant engineering milestones in the development of Senegal’s future deep-water port.
The Kingdom of Saudi Arabia needs to move beyond defence assembly and develop domestic aerospace and defence engineering capabilities to capture more value from its spending, in line with its Vision 2030 target of localising 50% of defence spending within four years, said an expert.
