Bena Steel’s net profit surges in H1 2026
Saudi Arabia's Bena Steel Industries Company reported a sharp increase in net profit attributable to shareholders in the first half of 2026, supported by...
SSAB supplies steel for expanded AQS electric vessel programme
Swedish steelmaker SSAB, through its distributor Tibnor, will supply steel for four additional electric service vessels ordered by Norwegian shipping company AQS Rederi from...
ICON’s H1 earnings decline despite higher revenues
Egypt's Industrial Engineering Company for Construction and Development (ICON) reported a 12.91pct YoY decline in consolidated net profit attributable to the parent company in...
Masdar shelves green hydrogen project at EMSTEEL plant – report
Abu Dhabi Future Energy Company (Masdar) has cancelled plans to develop a 100MW green hydrogen production facility at EMSTEEL's manufacturing complex in Musaffah, Abu...
ADNOC awards mega offshore EPCI contract to McDermott for Umm Shaif development
Abu Dhabi National Oil Company (ADNOC) has awarded McDermott a mega engineering, procurement, construction and installation (EPCI) contract for Package 4 of the Umm...
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