Friday 22 October 2021

Aramex, IHC partner to spur delivery of humanitarian aid

Aramex, a leading global logistics provider, and International Humanitarian City in Dubai (IHC), the largest humanitarian hub in the world; have partnered to drive efficiencies in the delivery of humanitarian services across the globe. As part of the agreement, Aramex will be lev


13 French companies to exhibit at Cabsat

Some 13 French companies will present the future of video platforms and digital interactions during the three days of Cabsat from October 26 to 28, 2021 at the Dubai World Trade Centre.   As a well-established and recognised business platform in the digital medi


DAE bolsters liquidity strength with new financing actions

Dubai Aerospace Enterprise (DAE), the global aviation services company, today announced new financing actions that further enhance the company’s liquidity strength.   The financings include: • $780 million of new senior unsecured term fin


KSA improves its Unctad Liner Shipping Connectivity Index rating

Consolidating its position as the best connected country in the Middle East, Saudi Arabia has improved its performance on the United Nations Conference on Trade and Development’s (Unctad) Liner Shipping Connectivity Index for the third quarter of 2021.   


UAE and Oman discuss cooperation in industrial sector

UAE and Oman on Monday (October 18) discussed the importance of cooperation and investment in the industrial sector, advanced technology and quality infrastructure.   An Emirati delegation led by Dr Sultan Ahmed Al Jaber, the UAE’s Minister of Industry and


Malaysia sees $1.275bn in business deals at Expo 2020

Three Memorandums of Understanding (MoUs) and three Letters of Intent (LoIs) totalling $1.275 billion are expected to be signed between Malaysian and global companies at Expo 2020 Dubai.   This will happen during the three-week programmes from October 18 until N


Oman’s SME registrations top 56,600 till August; up 24%

The number of Small and Medium Enterprises (SMEs) registered in Oman’s Authority for Small and Medium Enterprises Development (ASMED) till the end of August 2021 stood at 56,687, compared to 45,706 in August 2020, marking a rise of 24%. The Governorate of Muscat topped the


Ajman Free Zone launches AI and Robotic Hub at Gitex

In support of the UAE Strategy for Artificial Intelligence (AI) 2031, the Ajman Free Zone has launched its AI and Robotics Hub at Gitex Global 2021, besides signing five separate MoUs with major global technology companies.    The free zone, which is part o


Successful conclusion to Abu Dhabi International Boat Show 2021

The recently-concluded Abu Dhabi International Boat Show (Adibs) 2021, saw 25% increase in new product launches and innovation never seen before in the region or the world, besides attracting 353 exhibitors and brands from 28 countries.   Held under the patronag


NCM deploys supercomputer to advance weather forecasting

The National Centre of Meteorology (NCM) announced the launch of a new supercomputer built by Hewlett Packard Enterprise to advance weather forecasting and overall climate research.   Named ‘Atmosphere’, NCM’s new supercomputer is built using t

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