Industry, Logistics & Shipping

Industry, Logistics & Shipping

Agthia records three-fold profit growth, 9-month revenue soars to $1.1bn

Wed, 04 Nov 2026

Agthia Group, one of the region’s leading food and beverage companies, has delivered solid results for the first nine months of the year, recording a three-fold growth in its net profit over last year, while its revenue surged by 9.6% to hit AED3.9 billion ($1.1 billion) despite key regional challenges.

Industry, Logistics & Shipping

Borouge International advances major growth projects in UAE, Europe

Wed, 04 Nov 2026

Borouge International, a global polyolefins leader, has announced significant progress across its major growth projects in the UAE and Europe. The company is working towards the Engineering, Procurement and Construction (EPC) contracts to expand the capacity of its Ethane Cracker 2 unit by 230,000 tonnes per year.

Industry, Logistics & Shipping

Mace Construct rebranded as Forco; set for big global role

Wed, 04 Nov 2026

Mace Construct, an independent UK-based construction and contracting business, will be rebranded as Forco from January 1, following its demerger from Mace Consult in March. The business will introduce a new brand identity, website and employee value proposition as part of the transition.

Industry, Logistics & Shipping

TA’ZIZ secures $1.39bn financing for strategic Ruwais projects

Wed, 04 Nov 2026

TA’ZIZ has secured $1.39 billion (AED 5.10 billion) in oversubscribed financing for its Terminal and Ammonia projects in Ruwais, bringing total portfolio funding to more than $3.39 billion and strengthening investor confidence in Abu Dhabi’s industrial ambitions.

Industry, Logistics & Shipping

Elgi introduces patented Demand=Match technology

Wed, 04 Nov 2026

Elgi Equipments, one of the world's leading air compressor manufacturers, has announced the launch of its patented ELGi Demand=Match technology in the Middle East and Africa at Gulfood Manufacturing 2026.

Industry, Logistics & Shipping

GFH Partners completes fifth logistics exit with $113m sale

Wed, 04 Nov 2026

GFH Partners Ltd has announced the sale of a portfolio of 10 industrial outdoor storage (IOS) assets in the US at $113 million, marking its fifth exit in the logistics sector in the past years.

Industry, Logistics & Shipping

Central bank buying jumps 42% as gold ETF inflows rebound

Wed, 04 Nov 2026

Total gold demand was 1% lower year-on-year at 1,369t (tonnes) during a period in which the gold price averaged $4,262/oz and the value of demand rose 22% year-on-year to $188 billion.

Industry, Logistics & Shipping

OpenGate Capital completes the acquisition of Maersk Training

Wed, 04 Nov 2026

OpenGate Capital, a global private equity firm, has completed the acquisition of Maersk Training and its subsidiary Maersk H2S Safety Services.

Industry, Logistics & Shipping

AGPC shows how advanced manufacturing lifts energy security

Wed, 04 Nov 2026

Al Gharbia Pipe Company (AGPC), an Abu Dhabi-based producer of longitudinally submerged arc welded (LSAW) steel pipes, is leveraging AI, automation and digital technologies to enhance product quality and operational resilience.

Industry, Logistics & Shipping

Spanish group EGA Master showcases smart industrial tools at ADIPEC 2026

Wed, 04 Nov 2026

Spanish industrial tools manufacturer EGA Master is showcasing its advanced torque control and digital tool management technologies at the ADIPEC 2026 event in Abu Dhabi, highlighting solutions aimed at improving operational safety and efficiency in the oil and gas sector. It has a major presence in the UAE with offices in Dubai and Abu Dhabi.