Fujairah Cement Industries Appoints Axius for Debt Restructuring

Fujairah Cement Industries has appointed Axius as a financial consultant to restructure and settle debts with banks. This is expected to reduce financial pressure and improve operational stability.

Fujairah Cement Industries has announced the appointment of financial consultant Axius to restructure and settle its debts with banks. The company expects that the restructuring process will alleviate financial pressure, improve cash flow management, and support operational activities, thereby enhancing operational stability. The financial impact of this step is expected to be reflected in the financial statements for 2026.

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2026-03-05T22:27:25+00:00

Fujairah Records Record Number of Tourists in 2025

The emirate of Fujairah has achieved remarkable tourism performance in 2025, with the number of hotel guests exceeding 800,000. This figure highlights the significant growth in the region's tourism appeal.

Economy Events Local

2026-03-04T10:36:04+00:00

Fujairah Airport Launches Humanitarian Charter Flights

Fujairah International Airport, in partnership with SalamAir, is launching charter flights to support travelers returning home. Operating March 4-5, 2026, via Muscat, the flights will connect Fujairah to five key international destinations.

Events Economy Local

2026-03-04T10:25:01+00:00

Gulf Navigation Confirms Normal Operations Continuation in Fujairah

Gulf Navigation reported the normal course of all its operations, including petroleum product storage in Fujairah, and highlighted the reliability of its business model. All company vessels are operating on schedule without interruptions.

Economy Events Local

2026-02-26T10:14:40+00:00

Fujairah Port Sees Surge in Marine Fuel Sales

Fujairah Port recorded a surge in marine fuel sales in January, hitting a four-month high. Total sales volume increased by 6.1%, while high-sulfur fuel sales grew by 14.7%.

Economy Local