National Bank of Oman (NBO), in collaboration with Sharakah, has completed the first workshop of its SME Growth Program in Muscat, bringing together entrepreneurs and small and medium-sized enterprise (SME) owners as part of its ongoing commitment to supporting Oman’s economic development.
Borouge, the Abu Dhabi-based petrochemicals company, has confirmed approval of an interim dividend of $656 million, equivalent to 8.1 fils per share, following its H1 2026 performance.
Nizwa Industrial City, affiliated with Oman’s Public Establishment for Industrial Estates (Madayn), has signed a long-term investment usufruct contract for a chemical mixing and oilfield equipment maintenance project valued at more than RO4 million ($10.4 million).
Saudi Vitrified Clay Pipes Company has announced that it had recently submitted an application to the kingdom's Capital Market Authority (CMA) seeking approval to reduce its share capital by nearly 70% (10.46 million ordinary shares) as part of a proposed restructuring to offset accumulated losses.
The Saudi Power Procurement Company (SPPC), the Principal Buyer, has awarded consortiums of Saudi Energy and Acwa Power as well as French utility major Engie contracts worth over SAR4.35 billion ($1.16 billion) for the first group of Battery Energy Storage System (BESS) projects in Saudi Arabia.
DP World has moved 500,000 twenty-foot equivalent units (TEUs) across the GCC through its road and rail network since March this year, giving customers more routing options amid disruption to regional shipping routes.
Energy-focused psychological consultancy IntrospeXion has signed a contract with a major UAE-based energy operator to deliver a company-wide mental health and wellbeing programme that will support employees across onshore, remote, and offshore sites.
United Foods Company (UFC), a leading UAE-based food manufacturing and distribution company, reported a strong performance for the second quarter of 2026, reflecting continued growth in business activity, improved operating performance and enhanced profitability across its operations.
Saudi-based Baazeem Trading Company has announced that it has signed up Al Mammar & Steel Company to build a new warehouse for the company in Khamis Mushait area of the kingdom. The entire construction work will be completed within one year.
DP World today announced the opening of its latest warehouse in Johor, Malaysia, marking another milestone in the expansion of its integrated logistics network across Southeast Asia.
