Industry, Logistics & Shipping

Industry, Logistics & Shipping

Top global firms head to India for major energy event

Sat, 10 Jan 2026

India Energy Week kicks off this month in Goa bringing together ministers from around the world, global CEOs and policymakers who will convene to reinforce energy security, catalyse investment and advance decarbonisation efforts amid the ongoing geopolitical uncertainty, said the organisers.

Industry, Logistics & Shipping

Saudi Arabia drives Gulf IPO market in 2025; nets $4.1bn in proceeds

Sat, 10 Jan 2026

The GCC region witnessed the launch of 40 initial public offerings (IPOs) in 2025 that raised a total of $5.1 billion in proceeds, said a report. Saudi Arabia led the region raising a total of $4.1 billion, which constituted 79% of the total GCC IPO proceeds during the year.

Industry, Logistics & Shipping

Milestone Systems sets stage for AI-Driven Safety Innovation at Intersec Dubai

Fri, 09 Jan 2026

Milestone Systems, a world leader in data-driven video technology, is accelerating efforts to provide intelligent safety and resilience in the region, at Intersec 2026.

Industry, Logistics & Shipping

RAK Chamber approves strategic plan focusing on attracting foreign investment

Fri, 09 Jan 2026

Ras Al Khaimah Chamber of Commerce and Industry has approved the chamber’s strategy for the next five years (2026–2030), which includes improving the business environment and enhancing the emirate’s position as a distinguished destination for tourism, industry, and trade at the regional level.

Industry, Logistics & Shipping

Global economy set for 2.7% growth; trade tensions cloud outlook

Fri, 09 Jan 2026

Global economic output is forecast to grow by 2.7 per cent in 2026, slightly below the 2.8 per cent estimated for 2025 and well below the pre-pandemic average of 3.2 per cent, according to the World Economic Situation and Prospects 2026, released by the United Nations on Thursday.

Industry, Logistics & Shipping

Fluor achieves mechanical completion on major BASF project in China

Fri, 09 Jan 2026

Fluor Corporation announced on Thursday that it has achieved mechanical completion on BASF’s Zhanjiang Verbund project in China – BASF’s largest investment to date.

Industry, Logistics & Shipping

New Aramco Digital network to boost industrial connectivity in Saudi Arabia

Thu, 08 Jan 2026

Aramco Digital, the technology subsidiary of Saudi oil giant Aramco, is set to launch the kingdom’s national industrial communications network operating in the 450 MHz band. It will support sectors that need continuous operations and dependable communications for critical assets and facilities.

Industry, Logistics & Shipping

Saudi cement sales volume down 1.8pc in December

Thu, 08 Jan 2026

Cement sales volumes across the Kingdom of Saudi Arabia fell in December on both an annual and monthly basis, reflecting softer demand at year-end, although full-year volumes still posted strong growth driven by gains from leading producers, said a report.

Industry, Logistics & Shipping

Abu Dhabi fund launches $2bn global water platform

Thu, 08 Jan 2026

Abu Dhabi Fund for Development (ADFD) has announced the launch of a strategic initiative designed to accelerate impactful development projects, unlock new investment opportunities that advance the global water sector. The platform is set to mobilise $2 billion from major financing institutions.

Industry, Logistics & Shipping

Turkish Airlines launches new $2.23bn investment initiatives

Thu, 08 Jan 2026

Turkish Airlines has launched a comprehensive investment initiative that will strengthen Türkiye’s aviation infrastructure and further advance its competitive edge.