Ducab, a leading UAE-based provider of energy solutions, has appointed Matteo Bavaresco as its new Group CEO . An industry veteran, Bavaresco brings more than 25 years of international experience across the Europe, Middle East and Africa and Asia Pacific regions.
Leading Norwegian technology company Kongsberg has secured a contract to protect critical infrastructure for an international company. The essential systems include oil and gas installations, telecommunication cables, energy grids, ports and transportation networks.
Abu Dhabi-based BlueFive Capital has acquired a 70% stake in Gulf Cobla, a UAE-based dredging, land reclamation company. As part of the deal, BlueFive Capital will buy the entire 49% stake held by an affiliate of Saudi Binladin Group, together with a 21% stake from Dutco Group.
Perk (formerly TravelPerk), an AI-native platform for travel and spend management, has announced the opening of its regional office at Abu Dhabi Global Market (ADGM). The move formalises Perk's long-term commitment to the GCC region, targeting a tripling of business travel spend from UAE customers by 2028.
Leading petrochemical company Sipchem has announced that work has been fully completed on the expansion project at the ethylene cracker plant operated by one of its key ventures, the Saudi Ethylene and Polyethylene Company (SEPC), and now its trial production has begun.
The Dubai Free Zones Council aims to redesign the investor journey to ensure further growth and reinforce Dubai’s position as one of the world’s leading investment destinations, it was revealed on Wednesday.
DP World today announced the launch of Egypt's first fully integrated Logistics Distribution Centre (LDC) at Sokhna Logistics Park, marking a significant milestone in the country’s logistics sector.
The Saudi Power Procurement Company (Principal Buyer) has prequalified 27 leading developers including global utility majors EDF, Kepco and Marubeni as well as regional heavyweights Masdar and Acwa for its second group of Battery Energy Storage System (BESS) projects with a total capacity of 12,000 MWh.
Gulftainer (GT), a globally trusted leader in integrated maritime and logistics solutions, has launched its first dedicated feeder service linking the UAE and Umm Qasr, Iraq.
Qatar attracted $3.4 billion in FDI capital expenditure (capex) across 373 projects that generated 15,051 new jobs, according Invest Qatar’s 2025 Annual Report.
