Tuesday 19 March 2024
 
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Aramco chief calls for energy transition reset at US event

With the current transition strategy visibly failing on most fronts owing to its collision with five hard realities, the world needs a new, realistic pathway for the energy transition that includes oil and gas, said the top official of Saudi oil giant Aramco.   

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Saudi F&B group Almarai launch five-year investment strategy

Almarai, a leading Saudi food company, has announced its investment strategy for the next five years, 2024-2028, to strengthen its leading position as the largest vertically integrated dairy company in the world, and the largest in the production and distribution of food and beverages in the

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FedEx’s women powering the logistics sector

FedEx has been working for decades to empower women in what is perceived to be a male-dominated sector, and to advance their careers through training and mentorship.   At FedEx, women are making a difference across the organisation and challenging biases. The co

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Lootah Biofuels and MoEI sign landmark biofuels MoU

UAE's Ministry of Energy and Infrastructure (MoEI) and Lootah Biofuels, a leading circular economy pioneer producing biofuel from cooking oil, have signed an MoU to develop, promote and utilising biofuels as a sustainable energy source.    The MoU was s

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Swiss group Interlink to set up $200m titanium plant in Bahrain

Switzerland-based Interlink Metals & Chemicals has announced that one of its key subsidiaries - Bahrain Titanium - plans to set up a titanium plant at Askar in the southeastern coast of the kingdom at a total investment of $200 million. In this regard, the company has inked a

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Madayn unveils 'Explore' to showcase investment prospects

Oman’s Public Establishment for Industrial Estates (Madayn) has launched its geographic information system (Explore), to provide an attractive investment environment and promote project localisation across diverse sectors.    The system, which was lau

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Australian, Asian firms account for 50pc of MNCs coming to Dubai in 2023

Dubai International Chamber has revealed that 50% of the Multinational Corporations (MNCs) it successfully attracted to Dubai during 2023 are based in Asia and Australia.    The growing number of major international businesses attracted from countries acros

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Automechanika Riyadh sees 448pc hike in exhibitor numbers

Automechanika Riyadh sees a record number of exhibitors, with over 280 exhibitors confirmed and more than 8,000 visitors expected during the three-day showcase.   Saudi Arabia’s leading trade show for the automotive aftermarket will return to the Riyadh In

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Abu Dhabi Chamber and ADGM boost partnership

The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has signed a Collaboration Agreement with the Registration Authority (RA) of Abu Dhabi Global Market (ADGM) to support the business and investment environment in Abu Dhabi.    This agreement will furthe

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OJO Group, Elevate Investments launch premier caviar brand

OJO Group of Companies, a powerhouse that boasts a robust portfolio of businesses operating across key industries in the GCC, and Elevate Investments, a leader in strategic management and investments, has opened one of the largest caviar packing facilities in the GCC.   

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