Industry, Logistics & Shipping

Industry, Logistics & Shipping

Boeing, Lufthansa, Rolls-Royce to test innovations to improve fuel efficiency

Fri, 17 Jul 2026

Boeing, Lufthansa and Rolls-Royce will soon conduct flight tests of innovations meant to improve fuel efficiency and reduce noise, according to a Boeing statement.

Industry, Logistics & Shipping

ServHub unveils new last-mile delivery division

Fri, 17 Jul 2026

ServHub, a leading facilities management service provider in the GCC, today launched its new business division, Proven Hub Logistics, a worker-centric last-mile delivery business.

Industry, Logistics & Shipping

India bars shipping firms from deploying nationals in Strait of Hormuz

Fri, 17 Jul 2026

The Indian government has ordered shipowners, ship managers and recruitment workers not to place its citizens on voyages through the Strait of Hormuz waterway until further notice, a report in The National newspaper said.

Industry, Logistics & Shipping

EDGE in deal to acquire Brazilian aerospace engineering firm Akaer

Thu, 16 Jul 2026

UAE-based defence company EDGE has announced that it has entered into a deal to acquire a 100% stake in Brazilian aerospace and engineering company Akaer, in a move that would give the Abu Dhabi group an established engineering base in Brazil and a highly skilled, multidisciplinary team.

Industry, Logistics & Shipping

Meranti awards FEED contract for major green iron facility in Duqm

Thu, 16 Jul 2026

Singapore-based Meranti Green Steel said it has awarded a major FEED contract to a consortium of German group SMS and global direct reduction (DR) technology leader Midrex for its green iron facility at Duqm, Oman, with a planned capacity of 2.5 million tonnes per annum.

Industry, Logistics & Shipping

Italian group Danieli wins Saudi steel billet production plant contract

Thu, 16 Jul 2026

Saudi-based Al Yamamah Steel Industries Company has announced that its reinforcing steel bars unit has awarded a major contract to Italian engineering and manufacturing corporation Danieli for setting up a steel billet production plant within its premises in the kingdom by 2029.

Industry, Logistics & Shipping

ADIA buys key stake in Indian building materials firm SG Mart

Thu, 16 Jul 2026

UAE wealth fund Abu Dhabi Investment Authority (ADIA) has acquired Rs730 million ($7.6 million) shares in Indian building materials and steel supplier SG Mart. With this move, it has also become an anchor investor in the $1.2 billion IPO of State Bank of India Funds Management.

Industry, Logistics & Shipping

Strong Middle East presence at global fire safety summit

Thu, 16 Jul 2026

Fire safety professionals and officials from across the Middle East joined thousands of global experts at the National Fire Protection Association (NFPA) Conference & Expo 2026 in Las Vegas, taking part in high-level discussions on advancing fire prevention, life safety standards and resilient infrastructure.

Industry, Logistics & Shipping

Bahri Bonded Zone launched at Jeddah Islamic Port

Thu, 16 Jul 2026

Bahri Logistics, a business unit of the National Shipping Company of Saudi Arabia (Bahri), has launched the Bahri Bonded Zone at Jeddah Islamic Port.

Industry, Logistics & Shipping

Gulf Marine Services wins four-year charter for Brazil operations

Thu, 16 Jul 2026

Abu Dhabi-based Gulf Marine Services has announced that it has secured a contract from an international offshore accommodation services provider, for one of its self-elevating accommodation units, to be deployed offshore Brazil for a four-year period.