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Dubai-based DP World has signed a memorandum of understanding with Arctic Gateway Group, owner of Canada's Port of Churchill, and inland hub CentrePort Canada to explore a transportation corridor linking Manitoba to global markets.

The Private Department of Sheikh Mohammed bin Khalid Al Nahyan and affiliate KSH Investments have launched an ADGM-based liquefied natural gas fund targeting an initial close of $1.2 billion, tied to a strategic agreement with MidOcean Energy and EIG.

Qatar Navigation, known as Milaha, reported a nine-month net profit of QR958 million, down from QR1.058 billion a year earlier, as gains in container shipping and logistics failed to offset weaker gas, offshore and marine services units.

Saudi Arabia's Ministry of Commerce has recalled 2,888 Lucid Air electric vehicles from model years 2023 to 2026 over an electrical defect in the exterior lighting system that could raise the risk of fire or an accident.

Qatar Airways has signed a reciprocal codeshare partnership with Canada's WestJet, letting its passengers connect through Toronto and Montreal to cities across Canada as it raises its own Canadian flights to 14 a week.

Dubai has set a new target for its AI campus at the Dubai International Financial Centre to attract more than 1,000 artificial intelligence companies and create over 5,000 specialized jobs by 2030, after it passed its original goals two years early.

Qatar’s Al Muhannadi for Roads, Trading and Contracting signed a contract worth an estimated $147 million to rehabilitate about 215 kilometers of road linking Syria’s border with Iraq toward its Mediterranean ports.

Scheduled departing seat capacity at UAE airports rose 23% to 7.2 million in October from 5.8 million in June, according to aviation data provider OAG, with Dubai International leading the increase.

Dubai-listed Unikai Foods said its chairman, vice chairman and two other board members resigned with immediate effect on Monday, without giving a reason.

Abu Dhabi defense and technology group EDGE has completed the acquisition of a controlling stake in Italian propulsion company CMD, with engines for its unmanned aerial systems an immediate priority.

SABIC restored total sales volumes to about 80% of pre-crisis levels in the third quarter by moving exports to Red Sea ports, Chief Executive Officer Faisal Al-Faqeer said on the company's results call.

The Abu Dhabi Chamber signed agreements with Enterprise Greece and the Athens Chamber of Commerce and Industry, giving Abu Dhabi firms access to a network of more than 140,000 Greek companies.