Saudi Arabia is transforming its supply chain challenges into logistics and investment opportunities, a session at the second Saudi Industry Forum (SIF 2026) in Jeddah was told.
Global investment in uranium exploration and mine development is increasing as countries prepare for a potential expansion of nuclear energy, but significant investment will be needed to ensure future supply, according to a new report by the OECD Nuclear Energy Agency (NEA) and the International Atomic Energy Agency (IAEA).
Saudi Arabia is stepping up efforts to expand non-oil economic activity and diversify sources of growth through greater private-sector participation in industrial development, with the Saudi Industry Forum 2026 focusing on investment and cooperation across the sector.
Schütz, a global leader in the production of industrial transport packaging, has started work on the production facility for intermediate bulk containers (IBC) at global chemicals company BASF’s plant in Ludwigshafen, Germany. The project commissioning is due for summer 2027.
Zakh Renewable Energy and Engineering Manufacturing, a leading industrial group in Azerbaijan, has announced the launch of its new solar panel and BIPV façade solutions manufacturing facility on a 30,000 sq m area within the Al Ghail Industrial Zone in Ras Al Khaimah.
Saudi technology company Cashin has signed a strategic partnership agreement with the Syrian government to help develop and operate a national digital platform for petroleum derivatives. The platform will integrate operational and financial processes across the petroleum derivatives value chain.
DP World has welcomed Morten Maersk, one of the world’s largest container vessels, on its maiden call to South Container Terminal, strengthening shipping connectivity between Saudi Arabia and global markets.
The Gulf stock markets recorded trading in approximately 401.7 billion shares during 2025 recording a 19.5% jump over the previous year, with the value of shares traded surging to hit $618 billion, according to the latest data released by the GCC Statistical Centre.
Saudi-based SAL Logistics Services has signed an agreement with Huawei Tech Investment in a move aimed at boosting collaboration across transportation, logistics, and digital transformation, while exploring opportunities to develop joint solutions and services in the kingdom.
The bilateral discussions at the 18th BRICS Summit in New Delhi signal a strategic convergence between the emirates' ‘We the UAE 2031’ growth vision and India’s ‘Viksit Bharat @2047’ roadmap, thus creating new momentum for deeper economic and development cooperation, said a top official.
