Ceer, a joint venture between Saudi Arabia’s sovereign wealth fund PIF and global electronics giant Foxconn and the kingdom’s first automotive company, has announced the world premiere of its first vehicles - an electric sedan and SUV -on September 21.
Abu Dhabi-based Fertiglobe has joined hands with leading German groups Covestro, one of the world’s top manufacturers of polymer materials, and MB Energy, a leading supplier of high-tech polymer materials, to explore joint collaboration across the ammonia value chain in Europe.
flydubai announced on Friday the launch of its dedicated freighter operations, marking a significant milestone in the carrier's diversification strategy and reinforcing Dubai's position as a global logistics and trade hub.
Starlinks, a leading logistics and supply chain solutions provider in the Gulf region, has selected Swisslog to deliver a major warehouse automation programme for a new aviation MRO facility in Saudi Arabia.
Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas and the world’s biggest ‘premium aluminium’ producer, has completed its acquisition of an 80 percent stake in Italian aluminium recycling company Eco Green.
The UAE has announced plans to invest €40 billion in Germany across a number of sectors that represent strategic and development priorities for both countries. These include industry, advanced technology, artificial intelligence, digital infrastructure and energy.
Saudi utility major Acwa Power, in consortium with the Water Transmission Company (WTCO), has signed a technical services agreement with top engineering and consultancy group Fichtner to assess Syria’s water resources and develop solutions for seawater desalination and water transmission.
Chinese group Harbin Electric International is delivering the Rumah-2 Combined-Cycle Power Plant in Saudi Arabia as part of the kingdom's efforts to advance its energy transition under Vision 2030. The company recently hoisted the Gas Turbine Unit 1 into position, thus kicking off the project's installation work.
Oman’s Ministry of Energy and Minerals has signed two agreements to develop mining concession areas covering a combined 1,687 square kilometres, with planned exploration investments of about RO6 million ($15.4 million).
SAL Zones, a subsidiary of SAL Logistics Services specialising in the development of integrated logistics zones across the Kingdom, has signed a memorandum of understanding (MoU) with Advanced Aircraft Technology to explore opportunities for collaboration in developing specialised logistics infrastructure and solutions to support aviation and aerospace projects in the Kingdom.