Dubai-based real estate development firm Sweid & Sweid has announced the launch of a 390,000 sq ft build-to-suit advanced manufacturing facility for Microporous, a 90-year-old global manufacturer of battery separators used in both lead-acid and lithium-ion batteries, in Virginia, US.
Shandong Electric Power Construction Third Engineering Company (SepcoIII) has achieved a major construction milestone on the 600MW Al Ghat Wind Farm EPC Project in Saudi Arabia, with all 80 wind turbine generators connected to the national grid and commencing power generation.
Abu Dhabi has reported a 21% increase in the number of new economic licences issued during the first quarter of 2026, compared to the corresponding period in 2025.
Global maritime charity Sailors' Society has signed a deal with top insurer NorthStandard to roll out its innovative Sea Mate training to the P&I club's members, thus paving the way for a sea change in seafarer care with an increase in the number of Wellbeing Officers on board ships.
Periods of market transition often place greater emphasis on independent advice and disciplined decision-making and independent valuation and technical due diligence are increasingly important in complex restructuring, real estate, refinancing, and recovery situations, said a key industry expert.
The Wilo Group, a pioneer in sustainable and intelligent premium water solutions, and DP World have expanded their strategic partnership through a new agreement aimed at advancing sustainable infrastructure, smart logistics solutions and AI-based innovations in the global water sector.
International Transport Intermediaries Club (ITIC), a leading shipbroker, said a mismatch in contract terms has led to a $110,000 settlement against a shipbroker, highlighting the risks brokers face when fixtures are not clearly aligned on a back-to-back basis when fixing charter parties.
VA Tech Wabag, a leading multinational water technology company based in India, has announced that its joint venture with Heavy Engineering Industries & Shipbuilding Company (Heisco), has secured a contract worth KD114.3 million ($372 million) for a SWRO desalination plant in Kuwait.
Bahrain has signed key financing agreements with Islamic Development Bank (IsDB) for the King Faisal Highway Project and the Salman Industrial City Expansion Project. This comes as part of the kingdom's efforts to implement strategic projects in vital infrastructure sectors.
Some of the leading decision-makers, business leaders, investors and experts in resilience and infrastructure, along with key representatives from government, the private sector and academia, will be in Dubai this October for the 12th edition of World Green Economy Summit (WGES).
