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Alba becomes first Mideast smelter to adopt AI analytics platformAluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has cemented its position as a regional leader in industrial innovation by becoming the first aluminium smelter in the Middle East to adopt cutting-edge AI-powered analytics platform Seeq. More… |
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Novo Nordisk in deal to produce weight loss drug in KSANovo Nordisk, a leading global healthcare company, has announced the signing of a MoU with Lifera, a biopharmaceutical company owned by the Saudi sovereign wealth fund PIF (Public Investment Fund), to pursue the localisation of the manufacturing of semaglutide GLP-1 treatments in Saudi Arabia More… |
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Top industry associations back Seatrade Maritime expoIn an industry first for the region, Seatrade Maritime – organiser of Seatrade Maritime Logistics Middle East – has coordinated 15 industry associations to bring curated content to three stages of the 3-day conference and exhibition. Held under the More… |
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450 exhibitors to showcase products at Automechanika RiyadhThe seventh edition of Automechanika Riyadh, the automotive aftermarket showcase, will welcome over 450 exhibitors from more than 30 countries when it opens tomorrow (April 28). Taking place until April 30 at the Riyadh International Convention and Exhibition More… |
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Embraer developing supply chain in MoroccoEmbraer, a global aerospace company headquartered in Brazil, is keen to develop projects in Morocco that will enhance its supply chain. A high-level delegation of Embraer recently concluded an official visit to Morocco to assess the country’s aerospace s More… |
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Saudi non-oil export soars to record $140bn in 2024Saudi Arabia's non-oil exports reached an unprecedented SAR515 billion ($140 billion) in 2024, marking the highest value in the kingdom's history. This achievement represents a significant 13% increase compared to the previous year and an impress More… |
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Neste announces sale of Napcon technology to LummusNeste, the world’s leading producer of renewable diesel and sustainable aviation fuel, has signed an agreement to sell its proprietary technology Napcon to Lummus Technology, a global leader in developing technology solutions that make modern life possible and focus on a more sustainabl More… |
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Dragon Oil signs strategic energy project deals with top firmsDragon Oil, a fully owned entity of Dubai government, has signed a series of strategic agreements and MoUs with leading global players including Baker Hughes, Egyptian and Turkish Petroleum as part of its global expansion strategy. These deals, inked at the GO More… |
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Oman Data Park in deal with tech partners for AI solutions deploymentOman Data Park (ODP), the sultanate’s leading provider of managed IT services and cloud solutions, has signed a landmark agreement with strategic technology partners to accelerate the development and deployment of innovative AI solutions across Oman’s key industries. More… |
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Acwa Power secures $200m funding for new Saudi HQAcwa Power, a key private water desalination company, a leader in energy transition and first mover into green hydrogen, has announced that it has secured a SAR750 million ($200 million) shariah-compliant term loan facility from Saudi bank Alinma Bank. Acwa Po More… |
