Friday 10 April 2020
 
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Trustworthy.ae Group to invest $100m in Kizad projects

Dubai-based Trustworthy.ae Group plans to invest Dh365 million ($100 million) in Khalifa Industrial Zone Abu Dhabi (Kizad), to develop an inland container depot (ICD), a third-party container freight station (CSF) and other port-related services

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Pharmaceutical firms 'need to invest in right talent'

Global, regional and local pharmaceutical firms operating in the Middle East, Turkey and Africa (META) region need to be able to ‘change the tyres while driving’ if they are to benefit from doing business in a challenging, but also h

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Pharmaceutical firms 'need to invest in right talent'

Global, regional and local pharmaceutical firms operating in the Middle East, Turkey and Africa (META) region need to be able to ‘change the tyres while driving’ if they are to benefit from doing business in a challenging, but also h

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JSW Steel to invest $500m in US mill

JSW Steel is set to invest $500 million at its Baytown, Texas, US, mill in a multi-phase project that will include the installation of an electric-arc furnace, said a report. The move comes at a time of heightened trade tensions f

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Hikma Ventures invests in Biolinq

Hikma Pharmaceuticals, a multinational pharmaceutical company, has revealed that its venture capital arm, Hikma Ventures Limited, has invested in Biolinq, the next generation minimally-invasive biosensor technology company. Hikma

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Chinese firms encouraged to invest in Oman

Chinese companies can take advantage of attractive investment opportunities in Oman, said a top-level official at the Special economic Zone Authority Duqm (Sezad). Oman ensures the success of Chinese investments, which are built o

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Oman Air has no plans to bid for Air India

Oman Air has no interest in making a bid for Air India, a senior official has confirmed. According to a report in

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Apple to invest $1bn in advance manufacturing firms

Apple plans to create a $1 billion fund to invest in US companies that perform advanced manufacturing, said a report. The company will announce the fund's first investment later in May, Tim Cook, chief executive officer, Apple

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Middle East to invest $6bn in IoT solutions

Governments and businesses in the Middle East and Africa (MEA) will invest over $6.6 billion in Internet of Things (IoT) hardware, software, services and connectivity by the end of the year, according to figures released by the International Dat

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China firm to invest $400m in Iran petchem project

A Chinese company is planning to invest $400 million in an Iranian petrochemical catalyst production project, a senior official said in a report. China is the top purchaser and the best market for Iranian petrochemical products, M

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