Arabian networking group

November 6, 2025

General Motors records 28 % Q3 2025 sales growth in the Middle East, reflecting evolving consumer trends

GM Middle East reported a 28% year-on-year increase in Q3 2025 sales across its Chevrolet, GMC and Cadillac brands, with Saudi Arabia, UAE and Kuwait as top growth markets. The surge reflects changing mobility preferences and premium-vehicle demand in the region. Source: Biz today.

General Motors records 28 % Q3 2025 sales growth in the Middle East, reflecting evolving consumer trends Read More »

ADNOC Drilling to acquire 80% stake in MB Petroleum Services as Gulf oil-services consolidation continues

ADNOC Drilling, the UAE-based drilling arm, has announced its plan to acquire an 80% stake in MB Petroleum Services, a regional oil-services company, extending its footprint in the offshore and on-shore oil-services market. Source: Economy Middle East.

ADNOC Drilling to acquire 80% stake in MB Petroleum Services as Gulf oil-services consolidation continues Read More »

Hanwha Power Systems signs lease for compressor-packaging and service centre in Saudi Arabia

South Korean energy-equipment firm Hanwha Power Systems has signed a land-lease agreement to build an ~11,600 m² compressor-packaging and service centre at King Salman Energy Park (SPARK) in Saudi Arabia. The facility is slated to start construction in Q1 2026 and aim for operations by mid-2027. Source: PR Newswire.

Hanwha Power Systems signs lease for compressor-packaging and service centre in Saudi Arabia Read More »