The United States has imposed fresh tariffs ranging from 10% to 12.5% on imports from 60 major trading partners, including several Middle Eastern countries, after concluding that they had failed to take sufficient action to prevent goods produced with forced labour from entering their markets.
AMMROC, the region's leading provider of MRO solutions, has signed an agreement with Airbus Defence and Space, a global military aircraft and aerospace systems major, to explore strategic co-operation opportunities aimed at enhancing military aircraft maintenance and support capabilities across the region.
The National Fire Protection Association (NFPA) announced on Thursday that Romnish Kapoor has joined NFPA as Regional Sales Manager for the Middle East North Africa (MENA) region, strengthening the organisation’s growing presence across the region.
SURJ Sports Investment, a Saudi PIF company, together with Live Nation and Oak View Group (OVG), has announced the launch of radia, a joint venture to support the growth of the kingdom’s sports infrastructure - including venue management, operations, activations and commercialisation.
AIREV, the Abu Dhabi-based creator of the OnDemand autonomous AI platform, has signed an agreement with Redington, a leading technology aggregator and innovation catalyst, to distribute its agentic AI platform, OnDemand, across the GCC and the whole of Africa.
DP World has announced that it has entered into a 50-year concession agreement to develop two multipurpose container ports in Fujairah. Once operational, the development will boost DP World's total container handling capacity in the UAE to almost 22 million TEUs from 19.4 million TEUs.
East Pipes Integrated Company for Industry has announced that it had signed agreements with selected suppliers such as Saudi Liebherr and US-based Vaccuworx, a leading provider of vacuum lifting equipment for a number of industries, to acquire strategic material handling assets.
Musco, a specialist in sports and large area lighting and technology, recently opened a new manufacturing facility in Dammam, Saudi Arabia.
Abu Dhabi-based AI investment firm MGX and a consortium including the Artificial Intelligence Infrastructure Partnership (AIP) and BlackRock's Global Infrastructure Partners (GIP) have completed the acquisition of US data centre operator Aligned Data Centres in a deal valued at about $40 billion.
Arabian Pipes Company (APC) has announced that it has secured a key contract from Saudi oil giant Aramco for the manufacturing, coating and supply of steel pipes for one of its projects. The entire work will be completed within a eight-month period.
