DP World has started operations at its first multi-client 3PL warehouse in Saudi Arabia, expanding integrated warehousing and distribution capacity for businesses serving the kingdom's consumer and industrial sectors. Located in Riyadh, the 15,250 sq-m facility provides over 17,000 pallet positions.
The UAE's office market remained undersupplied during the second quarter of 2026, driving double-digit rental growth in both Dubai and Abu Dhabi despite a challenging macroeconomic backdrop and ongoing regional disruptions, according to real estate expert CBRE.
The inaugural edition of the Made in GCC 2026 Forum and Exhibition - the largest industrial gathering aimed at strengthening industrial co-operation and integration among the Gulf states - will be held from October 6 to 8 at Exhibition World Bahrain.
The number of business licences issued and renewed in the northern emirate of Sharjah rose 2% year-on-year to 38,169 during the first half of 2026. Commercial licences accounted for the lion’s share of the new registrations hitting 2,514, followed by 1,407 professional licences and 276 industrial licences.
Arcapita, the global alternative investment firm, has signed a partnership deal with Hines, one of the world’s largest real assets investment managers, to jointly explore the creation of an institutional-grade platform focused on industrial and logistics real estate assets across the Gulf region.
Hanwha Aerospace, a defence, aerospace and industrial company in South Korea, has signed a teaming agreement with UAE-based Generation 5 Holding to collaborate on the manufacture and sale of the K9 155mm self-propelled howitzer across the Middle East market.
O-Green, a green infrastructure platform jointly owned by Naqaa Sustainable Energy and OQ Alternative Energy, said it has achieved the financial close for the largest solar energy project in Oman. The landmark 93MW solar project is being developed in partnership with Madayn at Sohar Industrial City.
UAE developer Azizi is enhancing the project delivery capabilities across its portfolio through a vertically-integrated industrial model by managing critical manufacturing processes in-house, including aluminium and façade systems as well as HVAC ducting and marble works.
King Salman Energy Park (SPARK) has signed an agreement with Pan Kingdom Real Estate to develop an integrated industrial complex comprising 168 ready-built industrial units across 214,000 sq m area within the mega development in the Eastern Province of Saudi Arabia.
Saudi Basic Industries Corp (Sabic) has launched an ambitious public auction of industrial assets from its facilities in La Aljorra, Spain, specifically from the LX2 polycarbonate plant and the HPP plant following their permanent closure. The auction comprises 141 lots divided into two specialised events.
