Even though the rebound in global airfreight traffic slowed, pricing continued to rise further, indicating that the price of jet fuel is replacing capacity constraints as the driver of upward rate momentum, said a report. GCC-based airlines continued to rebuild their capacity but still face constraints from the conflict.
Abu Dhabi's Metal Park has received its first break-bulk cargo of metals at Fujairah Port, marking a further extension of its operational footprint and reinforcing the continuity of metal flows across the UAE.
Dubai Chambers recently organised a meeting with the Ambassador of India to the UAE to discuss ways to strengthen bilateral relations and advance trade and investment ties between Dubai and India.
US President Donald Trump has decided to adjust the tariffs imposed on imports of steel, aluminium, and copper to reduce duties on derivatives made from these metals, simplify compliance procedures, and prevent manipulation of import values.
Saudi Intermaint, a leading contractor delivering construction, fabrication and maintenance services for heavy industry across the Gulf, has secured its first EPC contract for a cement mill project. The scope of work includes engineering and execution capabilities at the plant.
Metal Park, the first integrated downstream metals ecosystem based in Kezad, Abu Dhabi, said it has successfully received its first break-bulk cargo of metals at Fujairah Port, marking a further extension of its operational footprint and reinforcing the continuity of metal flows across the UAE.
Saudi Global Ports Group (SGP) has begun operations at the Jubail Container Terminal (JCT) at Jubail Commercial Port under a long-term privatisation agreement with the Saudi Ports Authority (Mawani), spanning 30 years.
EDGE Group, one of the world’s leading advanced technology and defence groups, will mark its first participation at FIDAE 2026, Chile, expanding its presence in Latin America.
The value of service exports from Saudi Arabia in Q4 2025 reached SAR66.1 billion ($17.61 billion), while service imports into the Kingdom reached SAR119.6 billion, the General Authority for Statistics (GASTAT) has stated.
Adnoc Drilling said it has won approval from its shareholders at the AGM for distribution of $1 billion dividends for FY 2025 and also 5% minimum increase to the 2026 payout. These approvals follow a defining year for Adnoc Drilling in which the company delivered record financial and operational performance.
