Monday 19 October 2020

Abu Dhabi: 29 industrial licenses changed to production

The Industrial Development Bureau (IDB) of the Abu Dhabi Department of Economic Development (ADDED) said that the number of industrial licenses with a converted status to ‘Production’ reached 29 with a total investment value of AED2.6 billion ($708 million) in the first half (H1) of


Abu Dhabi launches new incentives for importers

The General Administration of Customs in Abu Dhabi has introduced a new package of incentives and facilities to support importers and partners, said a media report. The announcement came as part of the framework of Abu Dhabi’s initiatives aiming at supporting vital sectors


Shipping line links Oman ports, Iraq’s Umm Qasr

Asyad Group has launched the first shipping line between Oman's ports and Iraq’s Umm Qasr Port.    This move bolsters the group’s efforts to expand the maritime transport network between Oman and the world and to facilitate cross-regional tr


WTO launches new import licensing platform

The World Trade Organization (WTO) has launched its import licensing platform, which gathers together import licensing information, analysis and reporting and streamlines notification procedures for WTO members. The new database was presented at a meeting of the Committee on Impo


Alba renews MoU with AGU

Aluminium Bahrain (Alba), a leading employer of Bahrainis, has renewed its Memorandum of Understanding (MoU) with Arabian Gulf University (AGU), one of Bahrain’s leading educational institutes, at Alba premises.    This renewal is an extension of the


Enoc Link launches biodiesel for commercial fleets

Enoc Link, the digital mobile fuel delivery service for businesses in the UAE, has announced the launch of bio-diesel fuel for commercial fleets; offering them easy and convenient access to Biodiesel B5, B20 and B100.    The recent expansion in Enoc Link&rs


Investments in Sur cross $5 billion

Total investments at the Sur Industrial City in Oman have surpassed RO2.045 billion ($5.31 billion) until mid-2020, marking a growth rate of 0.67% compared to the same period in 2019.   This was revealed by Eng Abdulqadir bin Salim Al Balushi, Director General o


LogiPoint offers unique solutions at Jeddah Islamic Port

Located along one of the world’s busiest shipping routes, serving as a gateway to the Middle East’s largest economy Saudi Arabia, and acting as the cultural and commercial meeting point for three continents for centuries – Jeddah Islamic Port -- has always played an integral


Maritime industry leaders tackle key industry challenges

Leading industry players recently united at a virtually held event and shared insights on strategies to enhance the economy and the maritime transport sector in the Gulf Cooperation Council (GCC) region.   DP World, UAE Region, a premier logistics company and a


World’s first ‘intelligent’ electric vehicle battery unveiled

The world’s first ‘intelligent’ electric vehicle battery has been launched to the world by European EV battery producer, InoBat Auto.   Speaking at the GLOBSEC Tatra Summit 2020, InoBat Auto CEO Marian Bocek announced that after only a year of

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