Industry, Logistics & Shipping

Industry, Logistics & Shipping

Empower's profit up 10.5pc in 2025; revenue soars to $925m

Tue, 10 Feb 2026

Emirates Central Cooling Systems Corporation (Empower) has announced solid results for the FY 2025, with record revenues of AED3.4 billion ($925.6 million), up 4.9% over the previous year, while its net profit surged by 10.5% to hit AED1.004 billion ($273 million) for 12-month period.

Industry, Logistics & Shipping

Saudi industrial production up 8.9pc in December on mining, non-oil activity

Tue, 10 Feb 2026

Saudi Arabia's industrial production index in December 2025 rose 8.9% year-on-year, driven by higher activity in mining and quarrying, manufacturing, water supply and sewerage, as well as waste management and remediation activities, said a report.

Industry, Logistics & Shipping

FPI Gulf to manufacture automotive parts at KAEC’s Masarat Mobility Park

Tue, 10 Feb 2026

Masarat Mobility Park has signed a development lease agreement with Fortune Parts Industry Gulf (FPI Gulf), a joint venture between Thailand based FPI Group and local partner Fuel Autoparts Company.

Industry, Logistics & Shipping

Northstar Telecom partners with Omnicomm to deliver fuel monitoring, telematics solutions in Bahrain

Tue, 10 Feb 2026

Northstar Telecom has partnered with Omnicomm, a global leader in fuel monitoring and telematics technology, to bring advanced fuel intelligence and fleet optimisation solutions to businesses across Bahrain.

Industry, Logistics & Shipping

Abu Dhabi economy grows 7.7% Q3 2025

Tue, 10 Feb 2026

Abu Dhabi’s economy expanded by 7.7 percent in the third quarter of 2025 (July to September) compared to the same period in 2024, reaching its highest quarterly value on record at AED325.7 billion ($88.69 billion).

Industry, Logistics & Shipping

UAE industrial exports top $71m in 2025, up 25%

Tue, 10 Feb 2026

The UAE’s industrial exports reached a record value of AED262 billion ($71.34 billion) in 2025 for the first time, recording 25% growth compared to 2024 and more than doubling since the establishment of the Ministry of Industry and Advanced Technology in 2020.

Industry, Logistics & Shipping

Saudi EV brand CEER signs $987m local supply chain deals

Tue, 10 Feb 2026

CEER, Saudi Arabia’s first electric vehicle (EV) brand and original equipment manufacturer (OEM), has announced a significant expansion of its domestic supply chain at the 4th PIF Private Sector Forum.

Industry, Logistics & Shipping

Emsteel reports strong FY 2025, net profit up 23% to $131m

Tue, 10 Feb 2026

Emsteel, one of the largest publicly traded steel and building materials manufacturers in the region, delivered strong financial results in 2025 with its net profit reaching AED481 million ($131 million), up 23% compared to the same period last year.

Industry, Logistics & Shipping

Apple all set to roll out beta of smart agent 'Siri 2.0'

Mon, 09 Feb 2026

Apple is gearing up for the release of the developer beta of its redesigned voice assistant, internally dubbed 'Siri 2.0,' as part of the upcoming iOS 26.4 update. The new version is powered by Apple Foundation Model (AFM) v10, a 1.2 trillion parameter system developed in a landmark partnership with Google.

Industry, Logistics & Shipping

Hope Fund announces new identity for Bahrain's HQ Industrial project

Mon, 09 Feb 2026

The Hope Fund, in partnership with Bahrain's industry ministry, has unveiled a new identity for the HQ Industrial project, being developed on a 53,000 sq ft area in the Salman Industrial City. It is the largest shared industrial workspace in Bahrain and the kingdom’s first specialised industrial incubator focused on manufacturing.