Thursday 23 March 2023

Air Products to build Neom's first hydrogen fuelling station

Air Products, a world-leading industrial gases company, has announced that one of its key units, Air Products Qudra, has signed an agreement with Enowa, the energy, water and hydrogen subsidiary of Neom, for the construction and operation of the first hydrogen fuelling station within the mega


Al Rumaihi named Tabreed's Bahrain country manager

 Abu Dhabi-based district cooling company Tabreed has announced the appointment of Ali Al Rumaihi as the country manager for the Kingdom of Bahrain.    In addition to managing the company’s current portfolio of clients, which includes Bahrai


Bahrain economy up 4.2pc in Q3; C/A surplus hits $6.7bn

Bahrain’s real economic growth during the third quarter of 2022 reached 4.2% with consumer price index registering an increase of 3.6%.    The kingdom’s current account surplus increased remarkably from BD978.5 million ($2.63 bi


AD Ports in 30-year agreement to build Egyptian port

AD Ports Group, the leading facilitator of global trade, logistics, and industry, said it has signed a 30-year concession agreement with the Red Sea Ports Authority to develop and operate a multi-purpose port in Safaga in Egypt.   As per the deal, the Abu Dhabi


Mubadala rebrands business management services unit

Abu Dhabi-based sovereign investor Mubadala said its key unit - Mubadala Business Management Services - has been rebranded to Solutions+ as part of its new strategy.    Witth this, Solutions+, a fully-owned Mubadala company, is poised to become the next UAE


New shipping service to link Saudi to Indian subcontinent

The Saudi Ports Authority (Mawani) has announced the addition of King Abdulaziz Port to the IMX service run by a maritime consortium that includes Qatar-based shipping and logistics conglomerate Milaha, vessel operator X-Press Feeders, and short-sea carrier Unifeeder.  


AD Ports Group launches new digital district at Zayed Port

AD Ports Group, a leading facilitator of trade, logistics, and industry in Abu Dhabi, has announced the opening of its digital district – a new commercial hub in Zayed Port dedicated to Abu Dhabi’s digital trade and logistics services.   The Digital


Merex Investment boosts City Walk’s automotive offering

City Walk, the design-inspired destination by Merex Investment, is expanding its automotive collection with five new automotive showrooms of the future.    The Boulevard in City Walk, covering over 330,000 sq ft, will now house leading brands including Al F


Hutchison announces $700m investment in Egyptian ports

Hutchison Ports, the global port operator, has announced a $700 million investment in two major Egyptian port  projects - Ain Sokhna, the country's top port, and B100, a new container terminal in Alexandria - thus bringing its total investment in the Arab nation to over $1.5 billion.


EDGE entity named UAE channel partner for Bharat Dynamics

EDGE Group said it key entity Gradeone has been appointed as an official channel partner of India’s Bharat Dynamics Limited (BDL) in the UAE market.   A defence trading specialist, Gradeone is involved in manufacturing of non-lethal pyrotechnics, ammunitio

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