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Saturday, August 1, 2026

United Arab Emirates

EMSTEEL reports stronger H1 earnings on improved steel profitability

UAE's EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, reported significantly stronger second-quarter financial results, supported by...

Emirates Steel holds August rebar prices steady

UAE's Emirates Steel, part of EMSTEEL Group, has kept its rebar prices unchanged for August production. The company maintained its price for 12-32 mm rebar...

Bulk carrier transporting steel billets to UAE sinks in Strait of Hormuz

A bulk carrier carrying steel billets from India to the UAE partially sank in the Strait of Hormuz after suffering structural failure, raising concerns...

EBS wins PEB contract for float glass factory project

UAE's Emirates Building Systems (EBS) has secured a contract to deliver the structural steel works for a fast-track float glass factory project in the...

Drydocks World completes major ship recycling project in Dubai

Drydocks World has completed the recycling of an Aframax tanker at its Dubai facility, recovering more than 20,000 tons of steel, machinery and other...

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