HPE has announced a series of new investments and initiatives at LEAP 2026 that further expand its contribution to Saudi Arabia’s technology ecosystem, including the launch of ‘Saudi Made, Developed, Deployed’ programme and plans to establish a Saudi Innovation Center.
Egypt has officially begun construction of a major phosphoric acid production complex in the New Valley governorate, marking a new step in the country’s efforts to expand its mining and phosphate-based chemicals industry.
Nissan Motor and Honda Motor have entered into a joint development agreement to standardise multiple electronic control units (ECUs) that form the core of next-generation software-defined vehicles (SDVs). Also covered are the in-vehicle operating system and key parts of the middleware and vehicle control software that run on these ECUs.
Gulf Warehousing Company (GWC Group), one of the region’s leading logistics groups, has completed one of its first frozen bulk vessel operations.
Rheem, a global manufacturer of HVACR and water heating products, is launching Wave Series in the Middle East and Africa (MEA) market, a new generation of commercial inverter pool heat pumps designed specifically for the climate conditions and operational requirements of the region.
Mohammed Bin Rashid Aerospace Hub (MBRAH), the aerospace platform of Dubai South dedicated to advancing the aviation industry, has announced progress on its new Suppliers Complex, which is expected to be completed by end-2028.
The global economy has proved more resilient than expected in the face of the energy supply shock triggered by the conflict in the Gulf, with global growth for 2026 holding at around 3%, International Monetary Fund Managing Director Kristalina Georgieva said.
Nigeria is in talks with the UAE on proposals to increase its electricity generation capacity by 5,000MW with solar power among the key areas of co-operation, said a report. The two countries also explored co-operation in solar energy, financing and technical expertise.
Global semiconductor company AMD and Humain, Saudi Arabia’s new AI enterprise, have announced a landmark investment of up to $10 billion to build a next-generation AI infrastructure ecosystem spanning Saudi Arabia and the US.
Veolia, a global leader in environmental services, has signed three strategic memorandums of understanding in water technologies and hazardous waste management with major players in Saudi Arabia's industrial development.
