The Arab Shipbuilding and Repair Yard Company (ASRY) has been named the best Ship Repair Yard at the Saudi Maritime Awards 2026 in Jeddah for its leading role in ship repair and maintenance sector as well as for the range of services it provides on par with global technical and operational standards.
Investcorp Capital, a unit of Bahrain-based Investcorp, has announced that it has acquired a diversified portfolio of industrial assets for $400 million. The deal covers properties located across coastal markets in both the eastern and western US.
In a landmark move, the Saudi cabinet, chaired by HRH Crown Prince Mohammed bin Salman, has announced the cancellation of the fees imposed on expatriate labour in industrial facilities, reported SPA. This decision reflects the kingdom’s leadership's ongoing support for the industrial sector.
Oman's Public Establishment for Industrial Estates (Madayn) has begun work on a multi-storey parking project featuring modern office and service spaces at the Knowledge Oasis Muscat (KOM). It is being developed by Oman National Engineering and Investment Company.
Emirates has signed an agreement with Safran Seats, a world-leading aircraft seating manufacturer, to establish a manufacturing and seat assembly facility in Dubai. Set for completion by Q4 2027, the key facility brings 20,000- 25,000 sq m industrial footprint.
Oman-based Integrated Gas Company (IGC) is set to ink a series of gas purchase agreements with leading industrial companies at a key event in the sultanate. The deal will allocate over 27 million cu m of gas per day for an average of 10 years per agreement.
DP World’s Jafza and Dubai International Financial Centre (DIFC) have signed a deal to establish a framework that promotes dual-zone operations for companies looking to expand their financial, industrial and corporate structuring presence in Dubai.
Acres, a leading real estate exhibition, kicks off this month drawing some of the top property developers and investment companies to Sharjah. The four-day event will be featuring more than 200 projects covering residential, commercial, industrial and other key sectors.
Aramco Digital, the technology subsidiary of Saudi oil giant Aramco, is set to launch the kingdom’s national industrial communications network operating in the 450 MHz band. It will support sectors that need continuous operations and dependable communications for critical assets and facilities.
Arzan Wealth, an advisory firm regulated by the Dubai Financial Services Authority (DFSA), has announced the launch of its industrial portfolio in Cardiff and Wellingborough, thus marking a strategic expansion of its advisory activities into the British industrial real estate market.
