Industry, Logistics & Shipping

Industry, Logistics & Shipping

Gulf Partners closes $100m private credit facility for US group NinjaTrader

Wed, 17 Jun 2026

Gulf Partners Group, a management-led GCC private markets firm based in Bahrain, together with Payward, the unified infrastructure platform and parent company of both NinjaTrader and digital asset platform Kraken, has announced the closing of a $100 million senior secured private credit facility for US-based NinjaTrader Group Holding.

Industry, Logistics & Shipping

Pan Kingdom in deal to develop ready-built industrial facilities at SPARK

Wed, 17 Jun 2026

King Salman Energy Park (SPARK) has signed an agreement with Pan Kingdom Real Estate to develop an integrated industrial complex comprising 168 ready-built industrial units across 214,000 sq m area within the mega development in the Eastern Province of Saudi Arabia.

Industry, Logistics & Shipping

GCC investment-grade spreads back at pre-war levels: Fitch

Wed, 17 Jun 2026

GCC fixed-income yields are benefitting from a decline in geopolitical risk premiums following the US-Iran deal, according to Fitch Ratings. This is reflected in yield spreads between GCC investment-grade debt and US Treasury bonds having returned to pre-war levels.

Industry, Logistics & Shipping

EDGE, Leonardo plan defence sensors JV, eye $4.6bn in orders

Wed, 17 Jun 2026

UAE defence group EDGE and Italy's Leonardo have joined hands to launch a new venture that will develop advanced defence sensors and systems. The JV will also serve as a platform to sell the M-346 fighter-trainer aircraft and other defence products in Europe and international markets.

Industry, Logistics & Shipping

Azizi boosts project delivery with new integrated industrial model

Wed, 17 Jun 2026

UAE developer Azizi is enhancing the project delivery capabilities across its portfolio through a vertically-integrated industrial model by managing critical manufacturing processes in-house, including aluminium and façade systems as well as HVAC ducting and marble works.

Industry, Logistics & Shipping

ADCAN Pharma, Galenicum partner to produce selected products in UAE

Wed, 17 Jun 2026

ADCAN Pharma, a leading UAE-based pharmaceutical manufacturer and the nation’s first producer of oncology and hormone products, has signed a strategic partnership agreement with Galenicum, a leading Spanish pharmaceutical company, to strengthen the UAE’s pharmaceutical manufacturing and regulatory capabilities.

Industry, Logistics & Shipping

GCC economies forecast to grow 8.1% in 2027

Wed, 17 Jun 2026

The GDP of GCC states is forecast to grow by 8.1% in 2027 as energy trade routes normalise, travel demand returns, and business confidence rebuilds, says a report.

Industry, Logistics & Shipping

EM&E, EDGE seal deal for advanced weapon systems production JV in UAE

Wed, 17 Jun 2026

EM&E Group, a leading Spanish group in defence and security innovation and technologies, and the UAE advanced technology and defence group, EDGE, signed today the agreement to establish the joint venture in the UAE which they first announced in February.

Industry, Logistics & Shipping

GWC launches air-to-land logistics corridor in Doha

Wed, 17 Jun 2026

Gulf Warehousing Company (GWC Group), one of the region’s leading logistics groups, has for the first time extended its end-to-end supply chain to include a fully operational air-to-land logistics corridor.

Industry, Logistics & Shipping

Bahrain powers into Mena’s Top 5 startup ecosystems

Wed, 17 Jun 2026

Bahrain has achieved solid rankings across several key indicators in the Global Startup Ecosystem Report 2026, with its startup ecosystem generating $1.6 billion in value, thanks to its agile startup ecosystem, which enables entrepreneurs to develop and test their ideas within a supportive environment.