MRO-
Tim Aerospace opens MRO hangar in MBRAH: Dubai-based aircraft maintenance provider Tim Aerospace has launched an MRO hangar at the Mohammed bin Rashid Aerospace Hub (MBRAH) in Dubai South, according to Dubai Media Office. The hangar is designed to accommodate up to 12 narrow-body or five wide-body jets — excluding the Airbus A380 — and will provide aircraft base maintenance for commercial passenger and cargo aircraft. The move comes as the firm looks to expand its MRO service capabilities in the region.
A long time coming: MBRAH and Tim Aerospace inked the initial agreement back in 2023 and broke ground on the hangar’s construction last year.
STORAGE + WAREHOUSES-
Aramco, JOGMEC renew three-year crude oil storage agreement in Japan: Japan’s Organization for Metals and Energy Security (JOGMEC) and Saudi Aramco have renewed their crude oil storage, throughput, and tank lease agreement for three years, following a framework agreement with Japan’s Ministry of Economy, Trade and Industry (METI), according to a press release. Under the agreement, Aramco will lease 13 national stockpiling tanks at Okinawa CTS, allowing storage of approximately 1.3 mn kiloliters (8.2 mn barrels) of crude oil. In emergencies, Japan will have preferential access to the stock.
IN CONTEXT- The Okinawa base serves as a strategic supply hub for Aramco in Asia, supporting growing regional demand and enabling faster response to customers. This agreement was originally established in 2010 and has been renewed every three years.
STARTUP WATCH-
Riyadh-based building materials marketplace Shatib secured SAR 2.8 mn in a pre-seed round from an undisclosed strategic angel investor, it said on LinkedIn on Tuesday. The funds will be allocated to support the firm’s growth.
About Shatib: Founded in 2024 by Abdulaziz AlMasoud (LinkedIn), Shatib aims to roll out technology solutions that streamline building materials procurement and reduce costs across the broader construction ecosystem, according to Wamda. It also helps real estate developers and contractors secure better pricing by aggregating demand across multiple projects.
PORTS-
Mwani awards Kuwaiti player ports supply tender: Qatar Ports Management Company (Mwani) has awarded Kuwait’s Integrated Logistics Company — a subsidiary of Integrated Holding Company — a contract to supply equipment and manpower at Qatari ports at a value of QAR 46 mn (c. USD 12.5 mn), according to a disclosure (pdf). The ports in question are Doha and Al-Ruwais, with the contract to be implemented in February 2026.