Acquisition extends the footprint of the Saudi company into Latin America
Riyadh, KSA & UAE, Nov 3, 2025 – WakeCap, the sensor-powered project intelligence and controls platform trusted by the world’s most complex construction and oil and gas projects, announces its acquisition of Trackfy, a workforce safety and operational solution for industrial companies. The acquisition underscores the Saudi company’s commitment to expanding its global reach, diversifying product capabilities, and deepening customer relationships across the construction and industrial lifecycle.
The Maritime Standard Awards 2025 winners list showcases high levels of innovation and operational excellence across the maritime sector
October 30, 2025, UAE: The maritime sector’s leading awards event, The Maritime Standard (TMS) Awards 2025, has announced this year’s winners, honouring outstanding companies and industry leaders from across the Middle East and Indian Subcontinent. The Awards showcased achievement and innovation in 25 categories covering shipping, logistics, ship repair, offshore services, marine technology and related sectors, as well as a series of special awards for individual achievement. The prestigious event took place at Atlantis The Palm, Dubai on October 29th, attracting over 1000 senior executives, decision-makers and industry leaders, from the region, and across the globe.
SAR 8.5 billion independent pipeline project finalized in partnership with Buhur Investment Company and Nesma Group
Riyadh, [Oct 31,2025] – Aljomaih Energy and Water Company, in partnership with Buhur Investment Company and Nesma Group, announced the successful financial close of the Jubail–Buraydah Independent Water Transmission Pipeline Project, with a total investment value of approximately SAR 8.5 billion ~ USD 2.26 billion.
The Jubail–Buraydah project will transmit 650,000 cubic meters of desalinated water per day, a storage capacity of 1,634,500 cubic meters, and will extend over a distance of 587 kilometers
The achievement follows the signing of the Water Transmission Agreement between the project company, Stream Water Transmission Company, and the Saudi Water Partnership Company (SWPC). The project ownership structure of the company is divided betweenAljomaih Energy and Water Company holdingat 45%, Buhur Investment Company holding at35%, and Nesma Group holding at 20%.
This milestone represents a major step forward in developing the Kingdom’s first independent water transmission project
Showcasing next-generation innovation, sustainable design, and TCL’s leadership in smart air solutions.
Dubai, UAE – October 28, 2025 – TCL Electronics, a global leader in consumer technology ranked amongst the top two TV brands and a prominent pioneer in home appliances, successfully concluded its Middle East & Africa Air Conference 2025, held on October 21 across Guangzhou, Zhongshan, and Hangzhou, China.
Under the theme ‘Where Air Meets the Future,’ the conference brought together TCL’s key clients, business partners, and media from across the Middle East and Africa to experience the brand’s latest innovations in air conditioning and intelligent manufacturing.
Dubai based cable seal provider Roxtec Middle East FZE is celebrating the 25th anniversary of founding in the UAE with its best ever year of trading.
Jebel Ali Freezone headquartered Roxtec Middle East FZE covers the MENA region and started with just two staff members in 2000. Today the Swedish owned company has a team of 35 and posted sales of $15million in the last 12 months – doubling turnover since 2022.
Roxtec Middle East FZE managing director Firas Kafafi said the company is seeing sales spike in line with the MENA region’s expansion in new markets like clean energy and data centres. He said the turbo charged growth in AI and cloud computing has driven the company’s sales in data centres alone by 300 per cent since 2022. More growth is set to come as Roxtec is being specified on the next generation of High-Performance Computing data centres, being built in the UAE to handle intensive AI and Big Data workloads. In addition, clean energy sales have grown by 20 per cent in the last year as Roxtec supplies projects ranging from green hydrogen, carbon capture, battery storage and offshore wind.
UAE News 24/7 