Egypt has announced a new natural gas discovery in the Nile Delta, with projected production of 50 million cu ft per day (mmcf/d) following the drilling of the exploratory well (Nidoco N-2) in the West Abu Madi area, co-operated by Italy’s Eni and the UK’s British Petroleum.
For ADNOC’s portfolio of listed companies, the UAE’s decision to conclude its membership of OPEC and OPEC+ removes a constraint that has historically limited how investment in capacity translates into activity and earnings, said a WAM news agency report.
Sadara Chemical, a joint venture between Saudi oil giant Aramco and US chemicals firm Dow, has announced that it has temporarily shut down production at its parent-operated plant. Sadara Chemical operates a complex in Jubail with an annual production capacity of 3 million MT of chemicals and plastics.
Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has announced solid results for FY 2025, recording a net profit of BD219 million ($582 million), up 18.5% over the previous year, on the back of higher production and record sales volume despite market challenges.
Dragon Oil, a subsidiary of ENOC, signed an MoU with Malaysia’s Petronas Carigali International Ventures to enhance cooperation in oil and gas exploration and production, promoting the exchange of technical expertise within the upstream sector.
Dubai Investments, a leading diversified investment company, has broken ground on the second production line for its wholly owned subsidiary, Emirates Float Glass (EFG), at its facility within the Khalifa Economic Zones Abu Dhabi (KEZAD).
Honeywell has announced the launch of a new production line of its advanced handheld mobile computers – the ScanPal EDA57 and the CT47 – at its facility in Dhahran, Saudi Arabia. The move represents another major milestone in Honeywell’s ongoing localization strategy in the kingdom.
Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has delivered a historic production record of 1.623MT in 2025 over the previous year's figure of 1.622 MT, thus underscoring its resilience, disciplined operations and commitment to sustainable growth.
Saudi Authority for Industrial Cities and Technology Zones (Modon) has announced the opening of the second phase of the Tamer Mölnlycke Care factory in Jeddah. A strategic joint venture of Swedish medical device company Mölnlycke, it will see the production grow two-fold to 500,000 per year.
Exeed Geotextile, a subsidiary of Exeed Industries and the first of its kind in the UAE, has inaugurated its state-of-the-art production facility at the Sharjah Airport International Free Zone (SAIF Zone).
