ADNOC Gas reported $1.1 billion net income in Q1 2026, demonstrating strong operational and financial performance despite regional uncertainty, energy-sector disruption, and maritime challenges affecting movements through the Strait of Hormuz.
Dubai-based logistics firm Aramex has delivered tremendous results for Q1 with its group revenues soaring to hit AED1.6 billion ($436 million) for the three-month period, despite the geo-political challenges. Additionally, its performance for the first two months topped business plan expectations across key products and markets
Dubai’s Roads and Transport Authority (RTA) has awarded a contract for the development of three integrated truck rest areas in partnership with the private sector. The facilities span a total area of over 210,000 sq m, with a combined capacity for 490 trucks and heavy vehicles.
AD Ports Group has signed an agreement with Azerbaijan to explore strategic collaboration across ports, shipping and logistics in the energy-rich country. This comes as the UAE-Azerbaijan Comprehensive Economic Partnership Agreement (CEPA) officially entered into force this month.
AD Ports Group, a leading global enabler of trade, industry and logistics solutions, has signed a memorandum of understanding (MoU) with Azerbaijan Transport and Communications Holding (AZCON Holding) to explore strategic collaboration across ports, shipping, logistics, and digital trade solutions in Azerbaijan.
Egyptian authorities have announced plans for the establishment of a regional grain hub in Suez Canal Zone. Preparations are under way for a detailed feasibility study covering technical, economic, and logistical aspects ahead of implementation, said a report.
Aldar has announced the acquisition of an industrial and logistics portfolio from AD Ports Group unit Khalifa Economic Zones Abu Dhabi (Kezad) for AED650 million ($177 million), thus adding 163,000 sq m of modern, income-generating industrial and logistics space to the leading Abu Dhabi developer's platform.
Metal Park, the first integrated downstream metals ecosystem based in Kezad, Abu Dhabi, said it has successfully received its first break-bulk cargo of metals at Fujairah Port, marking a further extension of its operational footprint and reinforcing the continuity of metal flows across the UAE.
The ongoing conflict in the Gulf and severe disruption to shipping through the Strait of Hormuz are beginning to weigh heavily on the region’s construction sector, with contractors facing mounting cost pressures, delivery delays and heightened financial risk.
The World Cement Association (WCA) has announced that SiloConnect, an AI solution designed for cement groups that want to transform logistics from reactive firefighting into proactive planning, has become its newest Associate Corporate Member.
