Tuesday 11 December 2018

Abu Dhabi food expo to draw 1,000 top firms

More than 1,000 exhibitors from food and beverages (F&B) and hospitality sectors will be showcasing their products and services in front of over 25,000 visitors and unique experts from over 45 countries at the SIAL Middle East 2018 expo in Abu Dhabi.   The f


Emirates Steel to unveil key products at Dubai event

Emirates Steel, the only integrated steel plant in the UAE, will be sharing insights on steel market trends at an upcoming industry event in Dubai, UAE.    A subsidiary of the General Holding Corporation (Senaat), Emirates Steel is also the platinum sponsor


Saudi Aramco to set up sustainable global energy hub

State oil giant Saudi Aramco has launched a mega project, Spark, which has been designed to position the kingdom as a global energy hub that furnishes a dynamic, enabling environment for foreign and domestic investment.   The 50-sq-km energy city will be constru


Siemens deploys first lithium-ion battery at offshore drilling rig

Global technology powerhouse Siemens has announced plans to install the world’s first lithium-ion battery solution for an offshore drilling rig.   BlueVault, the advanced lithium-ion battery-based solution of Siemens, will be deployed at Northern Drilling&


Knowledge 'key driver in achieving development goals'

Knowledge plays a major role in the goal of achieving the 2030 Agenda for Sustainable Development, said Khaled Abdel Shafi, director, Regional Hub for Arab States, United Nations Development Programme (UNDP). He was speaking on the second day of the fifth annual Knowledge Summit,


Kale Logistics wins ‘Innovative Company’ award

Kale Logistics Solutions, a leading provider of IT solutions for the logistics industry, has won the award for ‘Most Innovative Company – Service Category’ at the CII Industrial Innovation Awards 2018. Kale Logistics Solutions was also recognised amongst the Top


Saudi Arabia's Sami takes part in Egypt defence show

The Saudi Arabian Military Industries (Sami) recently reinforced its partnership with the Egyptian military industries sector through its participation at the Egypt Defense Expo (Edex) 2018, which concluded in Cairo, Egypt, yesterday (December 5). The three-day event was held und


Ericsson, Volvo sign connected vehicle cloud deal

Ericsson has been selected by Volvo Car Group to provide the industrialized Ericsson Connected Vehicle Cloud (CVC) platform to further enable its digital vehicle services in more than 120 markets worldwide for the next five years. Volvo Cars, like other major players in the autom


DP World acquires Unifeeder Group in $748m deal

Dubai-based global marine terminal operator DP World has successfully acquired 100 per cent of the Unifeeder Group, an integrated logistics company with connectivity to approximately 100 ports in Northern Europe. Unifeeder operates the largest and most densely connected common us


Fipco unit signs financing agreement with SIDF

Saudi Arabia-based Filling and Packing Materials Manufacturing Company (Fipco) has announced that its subsidiary FPC Industries Co has signed a financing agreement with the Saudi Industrial Development Fund (SIDF). The credit facility is valued at SR35.50 million ($9.41 million),

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