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Al Habtoor unveils new fleet of JAC commercial vehicles in UAE

Al Habtoor Motors the sole distributor of JAC Motors in the UAE has unveiled a new fleet of JAC commercial vehicles setting new benchmarks for reliability versatility and innovation in the commercial vehicle...

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TruKKer launches Omnilog freight forwarding company

TruKKer renowned for its unparalleled expertise in land logistics across 10 markets in the Middle East Turkey & Eastern Europe has unveiled its latest venture Omnilog an integrated freight forwarding company....

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Damen Financial Services and SFS set up vessel financing facility

Damen Financial Services (DFS) and Siemens Financial Services (SFS) have joined forces to establish a new facility for vessel financing solutions: Damen Ship Lease (DSL). The DSL facility is now one of...

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'Private sector, banks to find funds' to make Saudi Vision work

Saudi Vision 2030 which will require around 1 trillion in investments over several years will inevitably increase leverage in the Saudi private sector and the broader economy albeit from low levels according...

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Alba embraces Industry 4.0 with new SAP cloud solutions

Aluminium Bahrain (Alba) one of the world s largest aluminium smelters has inked an agreement with SAP a market leader in enterprise application software to upgrade its enterprise resource planning solution...

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DMCC reports 20% jump in South Korean members

Dubai Multi Commodities Centre (DMCC) has announced that there has been a 20% increase in companies from South Korea seeking membership at DMCC in the year to date. The announcement comes following a successful...

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Spark appoints Dave Lee CEO of Spark Logistics

King Salman Energy Park (Spark) the leading industrial hub at the heart of the energy market has announced the appointment of Dave Lee as the CEO of Spark Logistics. Spark Logistics is a joint venture...

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Mawani sends first container shipment by rail to Riyadh port

Saudi Ports Authority (Mawani) said in a key milestone the first container shipment was recently transported by rail from Jubail Commercial Port to Riyadh Dry Port a major step that will help improve transportation...

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KSA to showcase $100bn investment opportunity at FAF24

The world s aviation investors are set to descend on Riyadh this month for the Future Aviation Forum (FAF24) where Saudi Arabia will showcase over 100 billion in investment opportunities to enable its...

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Samail Industrial City inks three investment pacts worth $21m

Samail Industrial City under Oman s Public Establishment for Industrial Estates (Madayn) has signed contracts worth OMR8 million ( 21 million) to localise three projects focusing on water desalination...

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Mubadala announces big investment in $4.2bn Australian urea project

Mubadala Investment Company the Abu Dhabi sovereign investor has announced a strategic investment alongside Global Infrastructure Partners in Perdaman s A 6.4 billion ( 4.2 billion) Western Australia Urea...

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Bahrain achieves top DHL Global Connectedness Index ranking

Bahrain has achieved top rankings in the Global Connectedness Index 2024 published by logistics giant DHL climbing seven ranks to 25th position globally. The kingdom now stands as first globally in Inward...

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Unique Group acquires Subsea Innovation

Unique Group a global leader in subsea technologies and engineering has announced the strategic acquisition of subsea technology and equipment manufacturer Subsea Innovation. The deal elevates Unique Group...

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EDB, Sheraa and SCCI unveil unique Centre of Excellence

Emirates Development Bank (EDB) Sharjah Entrepreneurship Centre (Sheraa) and Sharjah Chamber of Commerce and Industry (SCCI) have launched the Sheraa s Centre of Excellence (CoE). The centre focuses on...

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OCI completes SHE STEMS 2.0 programme 2023-24 cycle

Oman Cables Industry (OCI) the leading cable solutions provider in Oman has successfully completed the SHE STEMS 2.0 programme for the 2023/2024 cycle. This initiative spearheaded by OCI as part of its...

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MoIAT launches MIITE Startup Pitch Competition

The Ministry of Industry and Advanced Technology (MoIAT) has launched the Make it in the Emirates (MIITE) Startup Pitch Competition for local and international technology companies. The firms would be...

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