In The Spotlight
The Sultanate of Oman has officially commenced its high-profile participation in the landmark 60th edition of Marmomac, the premier international trade fair dedicated to natural stone, innovative design, and advanced stone industry technology in Verona, Italy.
Oman expands global reach at the 60th Marmomac Exhibition
The Sultanate of Oman has officially commenced its high-profile participation in the landmark 60th edition of Marmomac, the premier international trade fair dedicated to natural stone, innovative design, and advanced stone industry technology in Verona, Italy.
Marking a significant milestone for the nation's burgeoning industrial sector, this year's national delegation features a substantially expanded presence designed to elevate Omani marble, granite, and natural stone products on the global stage while forging robust commercial partnerships across European and international markets.
Showcasing Omani Marble and Natural Stone on the Global Stage
Held annually at the Veronafiere exhibition grounds, Marmomac is universally recognised as the world's largest and most important hub for the natural stone supply chain, encompassing everything from raw quarrying and material processing to cutting-edge manufacturing technologies, specialized machinery, tools, and intricate architectural applications.
Eng. Dawood bin Salim Al Hadabi, CEO of the Public Establishment for Industrial Estates (Madayn) and Head of the Omani Products Promotion Committee (OPEX) supervisory team, emphasised the strategic importance of this major international showcase. He noted that the Sultanate's larger pavilion and increased number of participating enterprises allow national companies to capture greater market share and expand their global footprint.
“This provides the Omani companies with wider exposure to showcase their products and establish business relations with investors, buyers and specialists in the marble and natural stone sector from around the globe,” Al highlighting the immense growth potential for Omani exporters seeking new trade horizons.
Key Highlights of Oman's Exhibition Programme
Oman's comprehensive presence at Marmomac 2026 is driven by a collaborative institutional framework designed to maximise commercial outcomes and foster long-term international trade relations. Key aspects of the national participation include:
- Organisational Partnership: Spearheaded collaboratively by the OPEX supervisory team, uniting Madayn, the Ministry of Commerce, Industry and Investment Promotion, the Oman Chamber of Commerce and Industry (OCCI), and Riyada.
- Strategic Alignment: Directly supports the core socio-economic objectives of Oman Vision 2040 by championing economic diversification, accelerating non-oil exports, and strengthening the private sector.
- Value Addition: Focuses strategically on transforming raw national natural resources into high-value, refined finished products capable of competing successfully in sophisticated international markets.
- Technology and Networking: Equips Omani manufacturers with vital insights into state-of-the-art stone extraction, advanced processing innovations, and modern global trade practices through direct engagement with global peers.
Driving Long-Term Economic Growth and Innovation
As the exhibition unfolds across Verona, Omani manufacturers are actively engaging with international architects, interior designers, and stone industry specialists. By leveraging Marmomac's extensive platform—which this year features specialized cultural installations, cutting-edge architectural displays, and advanced technical seminars—Oman continues to solidify its reputation as a trusted exporter of premium natural stone, ensuring sustainable economic progress and global competitiveness for years to come.
GE Vernova Inc. has officially announced a new services agreement aimed at providing Rotor Life Extension (RLE) solutions for five of its 9F gas turbines in Egypt.
GE Vernova secures deal to extend Egypt turbines
GE Vernova Inc. has officially announced a new services agreement aimed at providing Rotor Life Extension (RLE) solutions for five of its 9F gas turbines in Egypt.
This comprehensive project actively supports the overall rotor lifecycle by thoroughly utilising GE Vernova’s vast technical expertise to determine the full residual life of various components.
“This agreement reflects EEHC’s continued focus on preserving the long-term performance and reliability of important generation assets across our fleet,” said Eng. Gaber El-Desouki, Chairman of the Board of Directors & CEO, Egyptian Electricity Holding Company (EEHC). “By working with GE Vernova and our generation companies, we are taking practical and proactive steps that can help protect strategic assets, support efficient and reliable power production, and contribute to Egypt’s broader electricity and energy objectives.”
The sentiment is echoed by other key stakeholders who recognise the operational value of maintaining current infrastructure rather than pursuing expensive overhauls.
“Extending the life of these gas turbines across our generation companies is expected to support grid stability and the continued availability of dispatchable power, while helping us increase the value of existing infrastructure and avoid premature, capital-intensive replacement,” said Eng. Mahmoud Al-Naqeeb, Full-time Board Member for Electricity Production Companies Affairs.
A Legacy of Strategic Collaboration
This agreement underscores the robust, ongoing collaboration between GE Vernova, the EEHC, and its various generation affiliates.
By continuously reinforcing its role in meeting the nation's energy demands through advanced technology, GE Vernova is helping ensure that Egypt remains well-powered for decades to come.
Elsewedy Electric acquires a 60% stake in UAE's Thomassen Service, boosting Middle East gas turbine maintenance.
Elsewedy Electric acquires a 60% stake in UAE's Thomassen Service
Across the Arabian Gulf and the wider Middle East, power generation and industrial development continue to scale rapidly in line with national economic diversification and energy transition goals.
As regional demand for reliable energy infrastructure accelerates, maintaining these complex power generation systems has become paramount for continued growth. Responding directly to this escalating regional demand, Elsewedy Electric, a leading integrated provider of energy and infrastructure solutions operating across Europe, the Middle East, and Africa, has formally announced a strategic acquisition. The firm has successfully acquired a 60% majority stake in UAE-based Thomassen Service, a highly specialised provider known for its gas turbine maintenance and repair services. The announcement, formalised in Riyadh, Kingdom of Saudi Arabia in September 2026, signals a major shift in the regional energy supply chain by consolidating vital maintenance expertise closer to the point of need.
The official agreement was signed by Eng. Ahmed Elsewedy, CEO and Managing Director of Elsewedy Electric, and Eng. Peter Hertog, CEO of Thomassen Service. The formal signing ceremony took place in the presence of Mr. Sadek Elsewedy, Chairman, alongside senior leadership representatives from both organisations.
Historically, maintaining high-performance gas turbines in the region often required significant reliance on overseas facilities for complex maintenance. This acquisition is expected to significantly enhance the company’s ability to deliver high-quality, localised services directly across the region. Supported by Thomassen Service’s quarter-century of technical expertise, Elsewedy Electric expects to mitigate these historical logistical challenges.
Leadership perspectives on sector growth
The strategic alignment between the two firms underscores a mutual ambition for global expansion and technical excellence within the utilities sector.
Eng. Ahmed Elsewedy, CEO and Managing Director of Elsewedy Electric, commented: “This acquisition marks an important step in strengthening our technical capabilities and expanding the value we deliver to our customers across the Middle East, Africa, Europe and the Far East. By combining Thomassen Service’s specialized expertise with our integrated project capabilities, we are well positioned to meet the evolving needs of the energy sector.”
Eng. Peter Hertog, CEO of Thomassen Service, said: “Joining Elsewedy Electric opens significant opportunities to scale our operations and extend our reach into new markets. We are proud to become part of a group that shares our commitment to quality, innovation, and customer focus.”
Future outlook and industry impact
Looking ahead, Thomassen Service is set to benefit heavily from Elsewedy Electric’s financial strength, expansive regional footprint, and integrated engineering and construction ecosystems. This support aims to facilitate its expansion into high-growth markets and reinforce its position within the global energy services landscape.