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Abu Dhabi Exports Office, Strata discuss collaborationSenior officials from Abu Dhabi Exports Office (ADEX) and Strata Manufacturing, specialising in advanced composite aircraft structures manufacturing in the UAE, have discussed plans to expand collaboration to boost industrial growth and enhance the UAE’s global competitiveness. More… |
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Mawani adds five new shipping services to major Saudi portsThe Saudi Ports Authority (Mawani) has announced the addition of five new shipping services from Hapag-Lloyd and Maersk to Jeddah Islamic Port, King Abdulaziz Port in Dammam, and Jubail Commercial Port. This highlights Saudi Arabia's position as a key regi More… |
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Batelco to deliver B2B cloud solutions to Bahrain BourseBatelco, part of the Beyon Group, has signed a partnership agreement with Bahrain Bourse to provide B2B Cloud Solutions enabling organisations to connect directly with the bourse, and benefit from elevated connectivity and added value services. The colla More… |
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Kuwait equities outperform GCC and global markets, says reportKuwait equities outperformed global and GCC markets driven by the anticipation of strong earnings of banking stocks and the increased deal activity in the energy and real estate sectors, with most sectors closing the month in positive territory, according to Kuwait Financial Centre (Markaz). More… |
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Saudi-GCC non-oil commodity exports soar to $2.5bnThe total non-oil commodity exports, including national exports and re-exports, between Saudi Arabia and GCC states surged to hit SAR9.5 billion ($2.5 billion) in November 2024, reflecting an estimated annual growth of 43% from the previous year's figure of SAR6.624 billion ($1.76 billion More… |
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Ghitha Holding revenue up 8.9% to $1.35bnGhitha Holding, a diversified conglomerate spanning agriculture, food production, and distribution, has reported a total revenue of AED4.97 billion ($1.35 billion) for 2024, reflecting an increase of 8.9% compared to FY2023. The group’s top-line pe More… |
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Key certification enables EGA to produce ASI-certified metalEmirates Global Aluminium, the biggest ‘premium aluminium’ producer in the world, has been certified to the Aluminium Stewardship Initiative’s Chain of Custody Standard for its facilities in the UAE. The Aluminium Stewardship Initiative Chain More… |
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Majra launches new category of ‘Impact Seal’ for SMEsUAE's National CSR Fund (Majra) has taken a significant step towards fostering sustainable business practices with the launch of a new Impact Seal category, Majra SME for Impact. This initiative aims to empower SMEs to drive sustainable impact while More… |
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Gender equity in climate action highlighted at SFMEThe growing global and regional need for integrating gender equity into climate action strategies and the importance of amplifying the voices and contributions of women in driving the transition to a low-carbon and more sustainable future were highlighted at the third edition of Sustainabilit More… |
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Bahri revenues top $2.53bn in 2024; profit hits $578mThe National Shipping Company of Saudi Arabia (Bahri), the kingdom’s leading shipping and logistics provider, has reported record 2024 revenue of SAR9.48 billion ($2.53 billion), reflecting higher cargo volumes due to fleet expansion and increased overall freight rates. More… |