The UAE's non-oil private sector faced ongoing headwinds in May, as regional geopolitical tensions and supply-chain disruptions constrained growth and pushed operating costs up further.
Saudi Arabia’s non-oil private sector strengthened in May, as the latest Riyad Bank Saudi Arabia PMI showed output increasingly sharply as domestic demand improved and supply chains stabilised.
Elsewedy Electric, a leading provider of energy and infrastructure solutions in EMEA region, said the group continues its efforts to empower Saudi women and actively engage them in the workplace. Its Saudi female employees currently represent 6.5% of the group’s total workforce in the kingdom.
DMCC has unveiled a targeted acceleration initiative designed to cut operating costs, improve cash flow and sustain growth across its community of over 26,000 companies. The package includes a suite of financial incentives, fee waivers and regulatory flexibilities aimed at boosting resilience.
Etihad Rail, the developer and operator of UAE's national railway network, has announced that its freight unit has partnered with the Abu Dhabi Fishermen Co-operative Society to support local fishermen by transporting fresh fish via refrigerated containers from Al Sila' Port to Abu Dhabi Fish Market.
Dubai World Trade Centre (DWTC) Free Zone has entered into a strategic collaboration with DHL Express, the leading international logistics provider, to build a robust ecosystem that enables small and medium-sized enterprises (SMEs) to grow, scale, and compete globally.
AD Ports Group has announced that it has acquired Brazil’s leading independent agri-bulk port terminal operator Corredor Logística e Infraestrutura (CLI) at an enterprise value of AED3.1 billion ($835 million). This CLI deal gives AD Ports Group an entry point into Latin America.
The Middle East recorded sustained merger and acquisition (M&A) activity in the first quarter with 196 deals valued at $23.3 billion being announced compared to 207 deals worth $31.3 billion last year. UAE accounted for 33 transactions valued at $2.2 billion, down from 52 deals in Q1 2025, said a report.
US President Donald Trump has signed a proclamation amending his national security tariffs on some aluminum, steel and copper imports, effective until December 31, 2027. It lowers tariffs on some steel and aluminum derivative products, including certain types of residential HVAC equipment.
Regional benchmarking, data interoperability, and managing market expectations can help the GCC industry transition toward more circular plastics systems, writes Noora Mukhtar, Senior Research Specialist, GPCA
