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Thursday, August 13, 2026

United Arab Emirates

UAE-EAEU free trade agreement to take effect in October

The United Arab Emirates and the Eurasian Economic Union (EAEU) will implement their Free Trade Agreement (FTA) on October 6, 2026, following the completion...

Amana and MBRHE sign cooperation agreement for housing projects

UAE's Amana Contracting and Steel Buildings has signed a memorandum of understanding with the Mohammed Bin Rashid Housing Establishment (MBRHE) to strengthen cooperation on...

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...

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