UAE

5 articles
BenzingaBenzinga··Mohd Haider

Kuwait Cuts Oil Output as Middle East Tensions Choke Global Supply Chain

Kuwait reduces oil production amid storage constraints from Strait of Hormuz disruptions. Iraq has halved output; Saudi Arabia and UAE face similar pressures within weeks.
UAEKWTKSASaudi ArabiaUAE
BenzingaBenzinga··Evette Mitkov

Amazon Shares Fall on AWS Data Center Fire; Cloud Outage Roils Middle East Operations

Amazon shares fell 0.88% after a fire at a UAE AWS data center forced authorities to cut power, disrupting Middle East cloud services. Full restoration could take at least one day.
AMZNstock declinetechnical analysis
GlobeNewswire Inc.GlobeNewswire Inc.··Towards Packaging

Middle East Packaging Machinery Market to Nearly Double by 2035

Middle East packaging machinery market projected to nearly double to $3.63B by 2035, driven by industrialization, e-commerce growth, and sustainable packaging demand across food, pharma, and consumer goods sectors.
KRNTYpackaging machineryMiddle East market
BenzingaBenzinga··Lekha Gupta

Apollo Global Deepens UAE Exposure With $1B Aldar Properties Capital Infusion

Apollo Global invests $1B in UAE's Aldar Properties through subordinated hybrid notes, marking its fifth deployment and bringing total commitments to $2.9B.
APOAPOSAPOpAUAEbalance sheet
GlobeNewswire Inc.GlobeNewswire Inc.··Researchandmarkets.Com

Prefab Construction Gains Momentum Across Middle East Through 2029

Middle East prefab construction accelerates through 2029, driven by major infrastructure projects like NEOM and Vision 2030 goals. Labor shortages and sustainability demands boost adoption across residential, commercial, and industrial sectors.
KEXSaudi ArabiaUAE