The Hub – Transport Advisory, a UK-headquartered specialist transport sector consultancy, has announced its expansion into Saudi Arabia with the support of AstroLabs, the Gulf’s leading business setup and growth platform. The Hub is already supporting Saudi Arabia Railways (SAR) on a strategic project.
Saudi Aramco Base Oil Company (Luberef) has announced that it had extended its utilities sales and land lease agreement with its majority stakeholder and global oil giant Aramco through 2030, supporting the continued operation of its key facility in Jeddah as well as Group I base oil production.
Adnoc Logistics and Services (Adnoc L&S) posted record 2026 results, with second-quarter revenue surging 98 per cent to $2.584 billon, EBITDA jumping 176 per cent to $1.106 billon and net profit rising 303 per cent to $951 millon.
Dubai Investments has reported a 28% increase in the net profit attributable to shareholders for the first half which soared to AED642.4 million ($175 million) driven by strong performance across the Group's core business segments led by real estate and manufacturing sectors.
Zain Group, a leading telecommunications services company in the region, has announced that its first-half net profit rose 73% year-on-year to KD220 million ($717 million), boosted by gains from strategic investments, while revenue surged 5% to hit KD1.14 billion ($3.68 billion).
Saudi Arabia’s cement sales volumes recorded a solid boost rising 5.5% month-on-month in July to 4.63 million tonnes, while it was down 1.8% over last year. Yamama Cement dominated its position as the market leader, with a 15.3% share of year-to-date cement sales through the month.
Bahri Logistics, a business unit of the National Shipping Company of Saudi Arabia (Bahri), has expanded its ship agency operations with the opening of two new offices at Yanbu Commercial and Industrial Ports and Ras Tanura Industrial Port.
Paperworld Middle East will return to Dubai World Trade Centre from October 13–15, providing a dedicated business platform where international manufacturers, distributors, wholesalers and buyers will shape procurement and sourcing strategies for the year ahead.
Dubai Electricity and Water Authority (Dewa) has announced that it has commissioned 793 new 11kV substations across the emirate during the first six months. The construction and associated works involved 624,340 man-hours, all completed under stringent safety standards.
OpenGate Capital has agreed to acquire Maersk Training and its subsidiary Maersk H2S Safety Services from A.P. Moller - Maersk Group, expanding its global safety training and gas safety services portfolio across key industries.
