Industry, Logistics & Shipping

Industry, Logistics & Shipping

Axione Development to build advanced cold chain facility in Abu Dhabi Food Hub

Wed, 20 May 2026

Abu Dhabi Food Hub, AD Ports Group’s integrated food trade and logistics hub, has signed an agreement with Axione Development for the development of advanced cold chain infrastructure in Abu Dhabi.

Industry, Logistics & Shipping

Jafza attracts $232.54m investment in first four months of 2026

Wed, 20 May 2026

DP World has attracted AED854 million ($232.54 million) in investments across Jebel Ali Free Zone (Jafza) in the first four months of 2026, underlining continued investor demand for Dubai’s trade and industrial hub.

Industry, Logistics & Shipping

Cityscape Global returns to Riyadh as Saudi real estate push gains pace

Tue, 19 May 2026

Leading real estate expo Cityscape Global 2026 will be back in Riyadh this November, bringing together investors, developers, policymakers and industry leaders from across the globe as Saudi Arabia continues to expand investment in real estate and urban development under its economic transformation plans.

Industry, Logistics & Shipping

Renewed Mideast tensions drive oil higher, revive market jitters

Tue, 19 May 2026

The latest developments in the Middle East have pushed oil higher again, reintroducing some of the “war trades” that had faded in recent weeks. Markets are still being driven by a tug-of-war between strong fundamentals and rising macro risk, but the tone has become more cautious over the past 24 hours, said an expert.

Industry, Logistics & Shipping

SAL Logistics Services secures HSSE IMS triple ISO certification

Tue, 19 May 2026

SAL Logistics Services, the national leader in cargo handling, logistics solutions, and supply chain management in Saudi Arabia, has secured its triple ISO certified HSSE Integrated Management System. With this key achievement, SAL is the first Saudi company in the logistics sector to receive this integrated certification.

Industry, Logistics & Shipping

Metal Park adds 700,000 sq ft of industrial capacity in Phase Two

Tue, 19 May 2026

Metal Park, a 500,000 sq m ecosystem established in 2021 in Abu Dhabi, has kicked off the second phase of its integrated industrial ecosystem, following its successful Phase One launch. The new expansion will introduce more than 700,000 sq ft of industrial units dedicated to metal processing and fabrication.

Industry, Logistics & Shipping

GII completes key equity investment in Hotpack Global

Tue, 19 May 2026

GII, a global shari’ah-compliant alternative investment company, has announced the completion of a minority equity investment in Hotpack, one of the GCC's largest food packaging manufacturers. This acquisition further cements GII's position as one of the most active private equity players in the region.

Industry, Logistics & Shipping

AD Ports Group launches cruise, ferry terminal services in Egypt

Tue, 19 May 2026

AD Ports Group has announced the commencement of cruise services at its three terminals in Sharm El Sheikh, Hurghada, and Safaga in Egypt, in addition to facilitating ferry services connecting Safaga and NEOM ports to support transport of Hajj workers between Egypt and Saudi Arabia.

Industry, Logistics & Shipping

Schneider Electric signs smart building agreement with BFL Group

Tue, 19 May 2026

Schneider Electric, a global energy technology leader, has signed a collaborative agreement with Brands For Less (BFL) Group to deploy advanced smart building and energy management solutions across 26 KE2 Brands For Less stores in the UAE, with plans to scale across the entire store network.

Industry, Logistics & Shipping

GymNation secures $100m investment from BlackRock unit

Tue, 19 May 2026

GymNation, an upcoming gym operator, has secured a $100 million private credit facility from certain funds and entities controlled by HPS Investment Partners, a part of global asset manager BlackRock, in one of the first regional investments of its size since the Iran conflict commenced.