Siatt, a Brazilian Edge Group entity, has signed an MoU with Safran Electronics & Defence to explore cooperation in missile systems, loitering munitions, coastal defence and related technologies.
The International Union of Marine Insurance (IUMI) is highlighting the often-overlooked risks that non-compliant wood packaging material (WPM) can create for international cargo shipments.
Metso and Gruvaktiebolaget Viscaria have signed an agreement for the delivery of key process equipment for the Viscaria copper mine in Kiruna, Sweden. The agreement supports the project’s transition into the execution phase.
Acwa, in consortium with Water Transmission Company (WTCO), has signed a Technical Services Agreement with Syria’s Ministry of Energy and engineering consultancy Fichtner to assess the country’s water resources and develop seawater desalination and transmission solutions.
Mirae Asset Global Investments, a Korean group with more than $800 billion in AUM globally, has established an office in the Dubai International Financial Centre (DIFC), thus strengthening its presence in the Middle East and expanding regional investors’ access to global investment opportunities.
AtkinsRéalis’ School of the Future programme, which connects young people with industry, will bring together 100 student finalists from leading schools across the UAE for its finals on September 16.
UAE-based B2B cargo airline SolitAir has launched freight services to Ghana via Accra International Airport, expanding its African network to 21 destinations across 17 countries and providing coverage to more than 30% of the continent.
The total number of active fleet management systems deployed in commercial vehicle fleets in the countries is forecasted to grow at a compound annual growth rate (CAGR) of 14.4% from about 6.4 million units at the end of 2025 to reach 12.5 million units by 2030, said a report.
The UAE’s non-oil foreign trade for the first half recorded solid growth, surging to over AED1.9 trillion ($517 billion), said a report. The emirates had last year attracted $48.3 billion in foreign direct investments, thus putting it ninth globally among the largest FDI destinations.
Sharjah had last year attracted 142 foreign investment projects worth AED7.74 billion ($2.1 billion) and is now planning to target further investment in technology, manufacturing, logistics and clean energy. It will explore new opportunities in India, US, Britain and European markets.
