Investcorp Capital, a unit of Bahrain-based Investcorp, has announced that it has acquired a diversified portfolio of industrial assets for $400 million. The deal covers properties located across coastal markets in both the eastern and western US.
In a landmark move, the Saudi cabinet, chaired by HRH Crown Prince Mohammed bin Salman, has announced the cancellation of the fees imposed on expatriate labour in industrial facilities, reported SPA. This decision reflects the kingdom’s leadership's ongoing support for the industrial sector.
Oman's Public Establishment for Industrial Estates (Madayn) has begun work on a multi-storey parking project featuring modern office and service spaces at the Knowledge Oasis Muscat (KOM). It is being developed by Oman National Engineering and Investment Company.
Emirates has signed an agreement with Safran Seats, a world-leading aircraft seating manufacturer, to establish a manufacturing and seat assembly facility in Dubai. Set for completion by Q4 2027, the key facility brings 20,000- 25,000 sq m industrial footprint.
Saudi Arabia and Bahrain discussed ways to strengthen industrial co-operation and deepen bilateral economic ties during talks in Manama, reported SPA. The meeting took place during Saudi Energy and Industry and Mineral Resources Minister Prince Abdulaziz bin Salman's visit to Bahrain.
Gulf states are seeking to strengthen industrial co-operation and expand manufacturing’s contribution to their economies as they pursue diversification and greater resilience, said senior officials on the opening day of the inaugural 'Made in GCC Forum and Exhibition 2026' in Bahrain.
Oman-based Integrated Gas Company (IGC) is set to ink a series of gas purchase agreements with leading industrial companies at a key event in the sultanate. The deal will allocate over 27 million cu m of gas per day for an average of 10 years per agreement.
DP World’s Jafza and Dubai International Financial Centre (DIFC) have signed a deal to establish a framework that promotes dual-zone operations for companies looking to expand their financial, industrial and corporate structuring presence in Dubai.
Abu Dhabi has issued a set of guidelines for regulating industrial building facades in the emirate as well as unified standards for building facades facing streets and public spaces, with the aim of improving the urban landscape in industrial areas and enhancing safety of the facilites and supporting efficient operations.
Sdeira Group, a part of AD Ports Group, has unveiled the masterplan for Aryam Community – Kezad Al Mamourah, revealing new details of the community being developed for up to 27,000 people working across Kezad Al Mamourah’s industrial, logistics and commercial ecosystem.
