US to reinsure maritime losses in Gulf up to $20bn, says report
The US will provide reinsurance covering up to $20 billion in potential losses in the Gulf region to bolster confidence among oil and gas sh ...
The US will provide reinsurance covering up to $20 billion in potential losses in the Gulf region to bolster confidence among oil and gas sh ...
Sharakah, Oman’s leading SME development company, has signed a memorandum of understanding (MoU) to provide Anfal Industries & Trading Compa ...
The United Arab Emirates and Japan have agreed on the final provisions of a Comprehensive Economic Partnership Agreement (CEPA), the first o ...
SABIC has announced the retirement of its CEO and Executive Member of the Board, Abdulrahman Al-Fageeh, effective April 1, 2026. ...
Shipping insurers are likely to re-examine their ability and willingness to provide cover due to the present situation around the Arabian Gu ...
Attacks on commercial shipping in the Gulf intensified on Thursday as the war between the US and Iran escalated, raising concerns about disr ...
Saudi Logistics Services Company has announced the signing of a sale and purchase agreement with Aviapartner Belgium NV and Aviapartner Hold ...
SATORP, a joint venture between Saudi oil giant Aramco and French multinational integrated energy TotalEnergies, has signed up KBR, a leadin ...
The effective closure of the Strait of Hormuz following the outbreak of the Iran conflict, is likely to be temporary given its vital economi ...
Saudi Arabia's heavy construction equipment market is poised for solid growth over the next few years with the market set to hit $3.5 billio ...
Saudi utility major Acwa has reported solid results for FY 2025 with its revenue soaring to hit SAR7.41 billion ($1.97 billion) and its net ...
An oil tanker sailed through the Strait of Hormuz on Tuesday, heading to a United Arab Emirates port to load crude in a rare voyage since th...
Saudi Basic Industries Corporation (Sabic), has reported a net adjusted income of SAR2.1 billion ($560 million) for 2025, as annual revenue ...
JLG Industries, a world-leading designer, manufacturer and marketer of mobile elevating work platforms (MEWPs) as well as leading brands suc...
AD Ports Group, a leading global enabler of trade, industry and logistics solutions, confirms that all operations across its clusters contin...
Senior government authorities have announced that a fire that broke out this morning in the Fujairah Oil Industry Zone (FOIZ), resulting fro...
Saudi Holding Company for Conversion Industries (Tahweel Holding) has entered into a deal with leading petrochemical group Tasnee to acquire...
Middle Eastern airlines led global air cargo growth in January, helping lift worldwide demand 5.6% year-on-year, the International Air Trans...