Industry, Logistics & Shipping

Industry, Logistics & Shipping

Dubai Investments Q1 profits steady at $50.54m

Tue, 12 May 2026

Dubai Investments reported profit before tax of AED185.06 million ($50.54 million) for the three-month period ended March 31, 2026, compared to AED184.89 million ($50.34 million) during the same period last year.

Industry, Logistics & Shipping

RAK Ceramics delivers resilient Q1 2026 performance, revenue down slightly

Tue, 12 May 2026

RAK Ceramics, one of the world’s leading ceramics brands, delivered a resilient first-quarter performance in 2026, supported by robust demand across the UAE and Bangladesh.

Industry, Logistics & Shipping

Sohar Titanium project reaches production stage

Tue, 12 May 2026

Sohar Titanium project in Oman has reached 90 per cent completion, marking its transition into the final development phase, said DUBAL Holding, the Dubai Government’s investment arm in commodities and industrial sectors.

Industry, Logistics & Shipping

Sanad to set up aircraft engine repair Centre of Excellence in Al Ain

Tue, 12 May 2026

Sanad, a part of Mubadala Investment Company, has announced the establishment of an AED480 million ($130 million) aircraft engine repair Centre of Excellence (CoE) in Al Ain Region.

Industry, Logistics & Shipping

Etihad Rail's freight and passenger projects enter fast-track

Mon, 11 May 2026

Etihad Rail, the developer of UAE's national railway network, has announced that final preparations are under way on both its freight and passenger rail projects, as well as the its strategic plans for the coming years, including the expansion of its logistics services ecosystem.

Industry, Logistics & Shipping

Intersec Saudi Arabia back in November with its largest edition

Mon, 11 May 2026

Intersec Saudi Arabia, the kingdom’s leading platform for security, safety, and fire protection, will be back in November in capital Riyadh with its largest edition, increasing exhibition space by 40% to meet demand even as the Saudi security market is set to hit $3.4 billion by 2030.

Industry, Logistics & Shipping

Adnoc expands downstream projects to boost UAE manufacturing

Mon, 11 May 2026

Adnoc is accelerating Ruwais’ industrial transformation through AED200 billion ($55 billion) in planned project awards for 2026-2028, expanding downstream investments, strengthening In-Country Value, and supporting the UAE’s Make it in the Emirates industrial growth initiative.

Industry, Logistics & Shipping

ADNOC Drilling posts record Q1 profit on high rig utilisation, services growth

Mon, 11 May 2026

ADNOC Drilling, a key unit of Abu Dhabi National Oil Company (ADNOC), has reported its strongest-ever first-quarter earnings, with a revenue of $1.23 billion, up 5% year-on-year, and a net profit of $347 million, backed by high fleet utilisation and growth in integrated drilling services.

Industry, Logistics & Shipping

Aramex records strong Q1 revenue

Sun, 10 May 2026

Dubai-based logistics firm Aramex has delivered tremendous results for Q1 with its group revenues soaring to hit AED1.6 billion ($436 million) for the three-month period, despite the geo-political challenges. Additionally, its performance for the first two months topped business plan expectations across key products and markets

Industry, Logistics & Shipping

Qatari cargo vessel targeted by drone, limited fire brought under control

Sun, 10 May 2026

The Qatari Ministry of Defence has reported that a commercial cargo vessel in the country's territorial waters - northeast of Mesaieed Port- was targeted by a drone on Sunday morning.