The total number of active fleet management systems deployed in commercial vehicle fleets in the countries is forecasted to grow at a compound annual growth rate (CAGR) of 14.4% from about 6.4 million units at the end of 2025 to reach 12.5 million units by 2030, said a report.
The global air transport industry is preparing to move twice as many passengers within a generation, (nearly 10 billion passengers) without doubling the airports, the fleet, or the people standing at the borders, according to a report by air transport IT specialist SITA.
Bahrain's national carrier Gulf Air has taken delivery of a new Airbus A321neo aircraft, thus expanding its fleet to 46 aircraft as part of its fleet renewal and growth strategy. The aircraft incorporates advanced technologies designed to optimise performance and improve fuel efficiency.
Bahrain's national carrier Gulf Air has announced that it has welcomed an additional Airbus A320neo to its fleet, located at Bahrain International Airport. The delivery is the 45th aircraft in the flag-carrier's fleet and represents continued momentum in the airline’s fleet expansion strategy.
Batic Investment and Logistics Company has announced that its wholly-owned unit Saudi Transport and Investment Company (Mubarrad) had reached an agreement to acquire 90 MAN truck heads from Haji Husein Alireza & Co. Ltd., as part of efforts to modernise its fleet.
Germany's Hapag-Lloyd has announced plans to buy Israel's ZIM Integrated Shipping Services for $4.2 billion in cash in a move that will help the company secure its position as the world's fifth-largest shipping group with a modern fleet of over 400 vessels, said a Reuters report.
The Middle East’s in-service aircraft fleet is set to more than double over the next two decades, rising from 1,480 jets in 2024 to 3,700 by 2044, said aviation giant Airbus in its latest market forecast, spotlighting it as one of the fastest-growing aviation regions for the future.
The National Shipping Company of Saudi Arabia (Bahri) has posted outstanding results for the third-quarter of 2026 with its net profit zooming 891% to hit SAR5.09 billion ($1.36 billion), while its revenue for the three-month period surging to hit SAR14.83 billion ($3.97 billion).
Qatar Gas Transport Company (Nakilat) has announced that it has registered a slight decline in its net profit for the third quarter of 2026 which fell by 1.5% to QAR1.29 billion ($347 million) over last year's figure of QAR1.3 billion ($352 million) owing to the ongoing regional situation.
Ritchie Bros., the world's largest industrial auctioneer, has opened its year-end 'Finish Strong' campaign across Europe, Middle East and Africa (EMEA), urging businesses to review surplus and idle equipment while buyer demand remains strong.
