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Industry, Logistics & Shipping

Iran 'will restore commercial shipping to pre-war levels if deal agreed'

Wed, 27 May 2026

Iran will restore ​commercial shipping through the Strait of Hormuz to ​pre-war levels within a month as per the draft of an initial unofficial framework for a memorandum of understanding with the United States, a Reuters report quoting Iran's state TV said.

Construction & Real Estate Industry, Logistics & Shipping

Oman, Saudi fund enter deal to finance Thumrait Industrial City construction

Tue, 03 Feb 2026

Oman's Ministry of Finance and the Saudi Fund for Development (SFD) have signed a memorandum of understanding (MoU) to finance the construction of the Thumrait Industrial City project.

Energy, Oil & Gas

Abu Dhabi DoE signs MoU with Analog to accelerate AI, ML in energy sector

Thu, 06 Nov 2025

The Abu Dhabi Department of Energy (DoE) and Analog have signed a memorandum of understanding (MoU) to develop and enhance Artificial Intelligence (AI), Machine Learning (ML), and Physical Intelligence (PI) applications to support digital transformation and drive smart and sustainable growth across the energy and water sectors.