Long-term air freight rates set to rise 5-15% due to Middle East conflict
Long-term air freight rates, which were earlier set to fall 5% to 10% in full-year 2026, are, however, now expected to rise 5% to 15%, drive ...
Long-term air freight rates, which were earlier set to fall 5% to 10% in full-year 2026, are, however, now expected to rise 5% to 15%, drive ...
The UAE economy has shown remarkable resilience to the conflict in the Middle East, supported by strong buffers, timely and well-targeted po ...
Paperworld Middle East, the region's leading trade show for paper and stationery products, taking place from 13–15 October 2026 at Dubai Wor ...
Boeing, Lufthansa and Rolls-Royce will soon conduct flight tests of innovations meant to improve fuel efficiency and reduce noise, according ...
ServHub, a leading facilities management service provider in the GCC, today launched its new business division, Proven Hub Logistics, a work ...
The Indian government has ordered shipowners, ship managers and recruitment workers not to place its citizens on voyages through the Strait ...
UAE-based defence company EDGE has announced that it has entered into a deal to acquire a 100% stake in Brazilian aerospace and engineering ...
Singapore-based Meranti Green Steel said it has awarded a major FEED contract to a consortium of German group SMS and global direct reductio ...
Saudi-based Al Yamamah Steel Industries Company has announced that its reinforcing steel bars unit has awarded a major contract to Italian e ...
UAE wealth fund Abu Dhabi Investment Authority (ADIA) has acquired Rs730 million ($7.6 million) shares in Indian building materials and stee ...
Fire safety professionals and officials from across the Middle East joined thousands of global experts at the National Fire Protection Assoc ...
Bahri Logistics, a business unit of the National Shipping Company of Saudi Arabia (Bahri), has launched the Bahri Bonded Zone at Jeddah Isla ...
Abu Dhabi-based Gulf Marine Services has announced that it has secured a contract from an international offshore accommodation services prov ...
Future Fund Oman (FFO), a portfolio of the sultanate's sovereign wealth fund Oman Investment Authority (OIA), has announced a new package of ...
Bahrain-based Nasser Centre for Science and Technology said it has developed an AI-powered construction inspection intelligence platform in ...
Alimak Group, a Swedish group specialising in sustainable vertical access and working at height solutions, has signed an agreement to acquir ...
Halliburton has won a multi-year contract from Saudi oil giant Aramco to deliver integrated stimulation and completion services for unconven ...
Saudi Reinsurance Company is set to acquire a strategic 22.5% stake in British company AdA Risk Holding, which owns the operating rights for ...
Drydocks World has completed a major ship recycling project for APT Global Marine that recovered more than 20,000 tonnes of steel, machinery ...
The United States and Iraq discussed expanding economic co-operation and increasing US investment in the Arab nation’s energy sector during ...
DMCC, a leading international business district in Dubai, has signed a strategic memorandum of understanding (MoU) with the Botswana Stock E ...
Abu Dhabi-based investment group 2PointZero has announced that it has struck a $2.25 billion deal to acquire US-based Traverse Midstream Par ...
Damen Shipyards Group, a Dutch defence, shipbuilding, and engineering conglomerate company, has signed an agreement with Canadian maritime g ...
Presidio Investors, a key private equity firm, has announced the sale of US-based ElevATE Semiconductor to Nasdaq-listed Diodes Incorporated ...
Global engineering solutions provider Kent has strengthened its footprint in Saudi Arabia after securing long-term agreements and project ma ...
Oman's Nama Power and Water Procurement Company (PWP) said it has invited qualified consultancy firms to bid for a contract to provide techn ...
Following a successful January 2026 edition that brought together Saudi Arabia's built environment community with a spotlight on project fin ...
The Gulf faced a fresh escalation on Monday as US President Donald Trump announced the immediate reinstatement of a blockade targeting Irani ...
Saudi Power Procurement Company (SPPC) has announced that it has kicked off the qualification process for the third round of gas-fired indep ...
Mubadala Bio has launched new hemodialysis products through its subsidiary Wellpharma, one of its Abu Dhabi-based manufacturing facilities. ...
SAL Logistics Services, a Saudi leader in cargo handling, logistics solutions, and supply chain management, signed a memorandum of understan ...
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, and the Dubai Department of Economy and Tourism (DET) have launched ...
Dubai's diamond trade reached a record $41.7 billion in 2025, surpassing the previous high of $40.9 billion set in 2011, as trading volumes ...
The number of business licences issued and renewed in the northern emirate of Sharjah rose 2% year-on-year to 38,169 during the first half o ...
Saudi electric vehicle manufacturer Ceer has welcomed 40 Saudi engineers into permanent roles after they completed an overseas scholarship a ...
Abu Dhabi-based Tadweer Group has awarded a key contract to Spanish environmental solutions company Urbaser to develop the emirate's first g ...
Oman's United Solar has announced the financial close of its previously announced $50 million equity investment from IFC, the private sector ...
Mitsubishi Power, a power solutions brand of leading industrial group Mitsubishi Heavy Industries (MHI), has announced that it has secured a ...
A delegation from the Bahrain Economic Development Board (Bahrain EDB), led by Noor bint Ali Alkhulaif, Minister of Sustainable Development, ...
Japan’s Kanadevia Corp has signed an agreement with Bahwan Engineering Company to jointly develop green hydrogen and low-carbon fuel project ...
The Rock-It Company, a global leader in mission-critical logistics based in New York providing specialist transport, storage and supply chai ...
SmartWatt Consulting and Integrated Energy Services, an Abu Dhabi-headquartered energy technology company, has partnered with India's BSES R ...
Global air cargo rates extended their decline at the end of June and early July as lower fuel prices and softer demand weighed on the market ...
Jubail and Yanbu Industrial Cities Services Company (Jabeen) has sealed an agreement with Yanbu Aramco Sinopec Refining Company (Yasref) for ...
The Saudi Ports Authority (Mawani) has announced the addition of Maersk’s shipping service (Maersk - MECL) to Jeddah Islamic Port, thus enha ...
Abu Dhabi-based ADNOC Logistics and Services (ADNOC L&S) on Friday announced a newbuilding order for an additional four next-generation LNG ...
Emirates Global Aluminium, the biggest ‘premium aluminium’ producer in the world, announced on Friday (July 10) the restart of alumina produ ...
Swisslog, a global leader in warehouse automation and intralogistics solutions, has published a framework that addresses a key industry issu ...
DP World has acquired 700 trucks to expand its road freight network in the GCC, providing customers greater certainty, reliability and effic ...
Saudi Arabia's Jazan Region has launched a tropical fruits and greenhouses project with investments exceeding SAR600 million ($159.77 millio ...