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SAIF Zone launches disinfection drive across its facilitiesThe Sharjah Airport International Free Zone (SAIF Zone) has launched a disinfection drive to sterilise all its facilities in cooperation with the Sharjah Environment Company (Bee'ah). The sterilization campaign covered the head office, customs and security More… |
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Safeen acquires its largest service vessel `Hafeet’Safeen, Abu Dhabi Ports’ maritime service arm, has announced a successful acquisition of a Post Panamax bulk carrier, making it largest vessel ever to join its inventory. Built in Romania and in service since 2006, the vessel will operate under the name More… |
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AET, Total agree Time Charter for two LNG dual-fuel VLCCsAET, a leading energy logistics provider, announced an agreement with Chartering and Shipping Services SA, (a wholly owned subsidiary of Total SA) for the time charter of two LNG dual-fuel VLCCs. The two newbuilds are scheduled to be delivered to AET from Q1 2022. More… |
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Koch Industries completes acquisition of InforKoch Industries has completed the acquisition of the remaining portion of Infor from Golden Gate Capital. Infor, a global leader in business cloud software specialised by industry, has been a key component of Koch’s technological transformation. Ko More… |
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Madayn signs agreement with Al Madina Logistics ServicesThe Public Establishment for Industrial Estates (Madayn) signed an agreement today (April 7) with Al Madina Logistics Services to manage and operate the customs area services at Al Mazunah Free Zone in Oman. The agreement, aimed at raising the efficiency More… |
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BMW Group delivers 477,111 vehicles in Q1; down 20.6pcThe BMW Group delivered a total of 477,111 (- 20.6%) premium BMW, MINI and Rolls-Royce vehicles to customers in the first three months of this year, the company said. The sales result for the first quarter was overshadowed by the global impact of C More… |
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ABCC set to hold first Arab Brazilian Chamber webinarThe Arab Brazilian Chamber of Commerce (ABCC) is set to organise its first Arab Brazilian Chamber webinar tomorrow, it said in a statement. ABCC has revealed completion of preparations for their first webinar, which will be streamed live on Wednesday, April 8, More… |
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Alba announces Mumtalakat-appointed directorsAluminium Bahrain (Alba), the world’s largest aluminium smelter ex-China, has announced the appointment six directors to its board by the shareholder Bahrain Mumtalakat Holding. Three of the directors are re-appointed. They are: Shaikh Daij bin Salman bi More… |
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Renewables accounted for 72pc of power expansion in 2019The renewable energy sector added 176 GW of generating capacity globally in 2019, marginally lower than the 179 GW added in 2018, but new renewable power accounted for 72 per cent of all power expansion last year, according to new data released by the International Renewable Energy Agency (Ir More… |
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Saudi Arabia allows some changes in jobs contractSaudi Arabia's Ministry of Human Resources and Social Development has issued a decision to regulate the contractual relationship between employees and employers in view of the special circumstances created by the impact of the new Coronavirus (Covid-19). A More… |
