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Jebel Ali Port hits new monthly container handling record

DP World's Jebel Ali Port set a new monthly container throughput record in July, handling 1,400,000 TEUs (Twenty-Foot Equivalent Units) and topping its previous high set in 2015.   This follows a strong perfo

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Record-breaking Intersec Saudi Arabia sells out

Intersec Saudi Arabia, the country’s leading trade fair for security, safety and fire protection, has sold out two months ahead of the exhibition start date. A record number of 300 exhibitors, representing a 25% increase on last year&rsq

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Record-breaking Intersec Saudi Arabia sells out

Intersec Saudi Arabia, the country’s leading trade fair for security, safety and fire protection, has sold out two months ahead of the exhibition start date. A record number of 300 exhibitors, representing a 25% increase on last year&rsq

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Container shipping demand sees another record-breaking month

Ocean container shipping demand from China to North America and North Europe continued to break records in June as importers rushed to protect supply chains amid the global disruption caused by conflict in the Red Sea.  

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Emirates NBD H1 net rises 12pc to record $3.8bn

Emirates NBD delivered a record profit of AED13.8 billion ($3.8 billion) in the first half of 2024, driven by increased lending across its regional network and substantial impaired loan recoveries.    Quarte

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Demand for ocean freight container shipping hits record: Xeneta

Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion.   The 15.94m TEU (20-foot equivalent container) transported by ocean in May bea

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World cereal stocks likely to hit record 897m tonnes: FAO

World cereal stocks will likely increase by 1.5% above their opening levels to a record level of 897 million tonnes, said Food and Agriculture Organisation of the United Nations (FAO) in its forecast for the 2024/25 (July/June) season.

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Ford Middle East achieves highest Q1 sales since 2016

Ford Middle East has carried forward its robust 2023 sales momentum into the first quarter of 2024, recording 29% year-on-year growth in Q1 – the highest since Q2 of 2016. The Ford torch bearers were Territory, Everest and Taurus driving

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Wilo surpasses $2.13bn in global net sales in 2023

Wilo Group, a leading pump manufacturer and digital pioneer in the pump industry, despite a challenging market environment, achieved record net sales of around AED7.82 billion ($2.13 billion) in the 2023 financial year. This corresponds to a c

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Ajman Bank Q1 net shoots up 139pc to record $29.24m

Ajman Bank has reported an all-time high quarterly profit in Q1 2024 of AED107.4 million ($29.24 million), a 139% surge on Q1 2023.    This is on the back of a 7.0% increase in total operating income to AED4

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