Industry, Logistics & Shipping

Industry, Logistics & Shipping

Fujairah bunker sales hit four-month high in January

Thu, 26 Feb 2026

The Port of Fujairah in UAE has recorded a solid growth in marine fuel sales for January, reaching its highest level in four months, said a report. The data showed that total bunker sales surged to 635,835 cu m, up 6.1% when compared to December 2025.

Industry, Logistics & Shipping

DAE strikes deal to acquire Macquarie AirFinance for $7bn

Thu, 26 Feb 2026

Dubai Aerospace Enterprise (DAE) has signed an agreement to acquire 100% of Macquarie AirFinance for an enterprise value of $7 billion. The combined company will have a pro forma fleet of 1,029 owned, managed and committed aircraft and will serve 191 airline customers in 79 countries.

Industry, Logistics & Shipping

L&T units wins near $1.1bn Mideast substations contracts

Thu, 26 Feb 2026

Indian construction and engineering conglomerate Larsen and Toubro (L&T) said one of its key units has secured EPC orders - in the range of Rs50 billion to 100 billion ($551 million to $1.1 billion) - from leading utilities in the Middle East to establish electricity grid system elements across the region.

Industry, Logistics & Shipping

Emirates NBD provides green finance to Arabian Gulf Steel Industries

Thu, 26 Feb 2026

Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has successfully structured and completed a green facility for Arabian Gulf Steel Industries (AGSI).

Industry, Logistics & Shipping

Emirates NBD structures green facility for Arabian Gulf Steel Industries

Thu, 26 Feb 2026

Emirates NBD, a leading banking group in the region, said it has successfully structured and completed a green facility for Arabian Gulf Steel Industries (AGSI), a leading private sector recycler in the UAE. AGSI will use the facility to boost its low-carbon steel production capacity.

Industry, Logistics & Shipping

Galadari Brothers’ Heavy Equipment Division to set up $20.42m facility in KEZAD

Thu, 26 Feb 2026

Khalifa Economic Zones Abu Dhabi – KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the region, and Galadari Brothers’ Heavy Equipment Division have signed a 50-year land lease agreement for the establishment of a state-of-the-art facility in KEZAD A (KEZAD Al Ma’mourah).

Industry, Logistics & Shipping

How Gulf gateways are upgrading physical security to protect trade growth

Thu, 26 Feb 2026

Gulf gateways are vital assets to the GCC economies. As global security risks and threats to supply chain infrastructure grow in number and sophistication, regional leaders must consider proactive mitigation strategies to help ensure the protection of their trade growth, writes John Kim.

Industry, Logistics & Shipping

Saudi Arabia non-oil exports soar 18.6% in Q4; trade surplus up 26.3%

Thu, 26 Feb 2026

Saudi Arabia recorded an 18.6% increase in non-oil exports, including re-exports, in the fourth quarter of 2025 (Q4) compared to the fourth quarter of 2024.

Industry, Logistics & Shipping

EGA delivers solid results for FY 2025; revenue soars to $8.7bn

Wed, 25 Feb 2026

Emirates Global Aluminium (EGA) has announced strong underlying financial performance and record sales for FY 2025 with a 14% jump in its revenue which soared to hit AED32 billion ($8.7 billion), while its underlying net profit, excluding GAC, surged by 16% to hit AED2.12 billion ($578 million).

Industry, Logistics & Shipping

EDGE in deal with Spanish group EM&E to set up $1.5bn defence JV

Wed, 25 Feb 2026

EDGE Group has signed a deal with Spain's EM&E Group to explore the establishment of a UAE-based joint venture, supported by a $1.5 billion commercial pipeline. Under this, EM&E will provide the latest technology in advanced remote weapon stations to UAE and other international markets.