Ritchie Bros. Dubai will host its first auction of the year next week, offering more than 1,900 items - including many unused machines - for sale. The public, unreserved auction, where every lot sells to the highest bidder, marks the start of the 2026 auction calendar.
DP World has announced that the average volumes of food supplies have risen by up to 35% as retailers across the region have begun stocking early ahead of Ramadan, with higher volumes of staple foods goods moving through Jebel Ali six to eight weeks before the holy month.
The Arab Shipbuilding and Repair Yard Company (ASRY) showcased its extensive expertise and advanced capabilities in the maritime industry as well as the scale of its technical and operational capacity at the Breakbulk Middle East 2026 Exhibition & Conference held recently in Dubai.
Indra, a Spanish aerospace, defence and mobility systems group, has announced that it has secured the renewal of its operation and maintenance contract for the Haramain High-Speed Line project from Saudi Arabia Railways (SAR) for another five-year term.
Bahri Logistics, a business unit of Saudi National Shipping Company Bahri, has signed agreements with key local entities - AlKhorayef Commercial and Shamal Company - in a major move to boost the localisation of supply chains in the defence and security sectors.
Ghassan Aboud Holding, a leading provider of integrated logistics and supply chain solutions, has joined forces with EasyLease, the capital subsidiary of International Holding Company, for the launch of its new Gallega Global Logistics multi-user aftermarket spare parts hub at Jebel Ali Free Zone (Jafza).
Worley, a leading Australian engineering company, has announced that it has been awarded a major contract by Samsung C&T Corporation to deliver detailed engineering services for the QatarEnergy's LNG Carbon Dioxide Sequestration Project, a CO2 LNG sequestration project for the gas-rich nation.
Fertiglobe, the world’s largest seaborne exporter of urea and net ammonia combined, reported a 41% Y-o-Y increase in revenues to $2.82 billion in 2025, while adjusted EBITDA rose 57% Y-o-Y to $1.02 billion.
Construction costs globally are set to increase by 2.4% in 2026, but growing uncertainty due to the phasing and procurement, is the real challenge to project delivery, said an industry expert. In the Middle East, the costs will rise by 4% in Saudi Arabia driven by reliance on imported and specialist materials and 3% in the UAE.
Adnoc Logistics & Services (Adnoc L&S) posted strong Q4 2025 and record full-year results, with $5.016 billion revenue—a 41 per cent increase—driven by market demand and operations. Over 60 per cent of combined revenue with AW Shipping comes from long-term, recurring contracts, boosting earnings visibility and market resilience.
