Adnoc Logistics & Services (Adnoc L&S) reported Q1 2026 net profit rose 20 per cent year-on-year to $222 million, while revenue fell 10 per cent to $1.083 billion due to the scheduled completion of the Al Omairah Island mega project.
Sdeira Group has signed a memorandum of understanding with Metal Park, the world’s first pay-as-you-go metals ecosystem located in Abu Dhabi's KEZAD, to co-develop a customised staff accommodation community in the zone's Al Mamourah A dedicated to Metal Park’s companies and the wider metals manufacturing and operations base.
Saudi Arabia's total mining wealth is estimated at around SAR9.4 trillion ($2.5 trillion) as the mining sector continued its growing expansion as a key pillar in diversifying national economy in 2025.
The Regional Voluntary Carbon Market Company (VCM) has announced a landmark collaboration with Lenovo and ClimeCo to enable sustainable industrial operations for Lenovo’s expanding manufacturing presence in Saudi Arabia.
Phoenix Group, an IHC portfolio company and global digital infrastructure operator, has announced a strategic partnership with DC Max to develop its first European AI data center, an 18MW facility in Lyon, France.
EMSTEEL on Wednesday reported first-quarter revenue of AED2.2 billion ($599.05 million), remaining broadly in line with the corresponding period in the prior year. Net profit for the period amounted to AED299 million ($81.42 million), reflecting a 246 percent YoY increase.
Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has reported a profit attributable to equity holders of BD75.3 million ($200.3 million) for the first quarter of 2026, up 316% year-over-year (YoY), versus BD18.1 million ($48.2 million) for the same period in 2025.
While the new construction sector is undergoing profound transformations, wood is demonstrating strong regional resilience and is more than ever establishing itself as a material of the future.
HITEK AI, a pioneering leader in advanced digital facility management solutions, part of the Farnek group of companies, has added sustainability and ESG consultancy services, to its market proposition in Saudi Arabia.
AD Ports Group, a leading global enabler of integrated trade, industry, and logistics solutions, today reported strong revenue and net profit performance in the first quarter of 2026, demonstrating the resilience of its diversified and integrated trade ecosystem.
