Monday 25 January 2021

APM Terminals Bahrain announces departure of MD

 APM Terminals Bahrain, the port operator of Khalifa Bin Salman Port (KBSP), today (January 24) announced the departure of Managing Director, Susan Hunter.    “Hunter has decided to pursue an opportunity outside of the company and will leave effe


EGA, Geocycle UAE to create value from industrial waste

Emirates Global Aluminium (EGA) and Geocycle UAE, part of the building solutions group LafargeHolcim, have signed an agreement to extend their ground-breaking 10-year partnership in creating value from industrial waste in the UAE.   EGA has worked with LafargeHo


Kiklabb to expand to new locations

With demand for workspaces growing, Kiklabb, the Dubai Government-owned licensing and workspace hub, is set to increase its locations in the UAE and across the region.    It’s also planning to provide industry specific sponsorship opportunities for va


Jafza joins forces with Star-K Kosher for Kosher-certified food

DP World, UAE Region’s flagship free zone Jebel Ali Free Zone (Jafza) has signed a memorandum of understanding (MoU) with UAE-based STAR-K Kosher Certification to educate its partners in the food and agricultural commodities sector about kosher certification, aiding them to get certifie


Seafarers on hunger strike, hospitalised in Kuwait

Indian, Turkish, Azerbaijaniani and Bangladeshi seafarers are in the third week of a hunger strike in the port of Shuaiba, Kuwait.    The abandoned crew of the bulk carrier Ula (IMO number: 8102414) have been on hunger strike since January 7 in a desperate


Oman Forum 2021 to focus on Renewed Renaissance and Vision 2040

The 10th edition of Oman Forum 2021 imparting insights on the roadmap for Vision 2040 and Renewed Renaissance to facilitate a constructive dialogue amongst stakeholders, is set to enlighten the audience on March 8.   Attended by top government officials, decisio


Tender floated for one of the largest waste-to-energy power plants

The competitive tender process has commenced in Abu Dhabi for the development of a greenfield waste-to-energy (WtE) Independent Power Project (IPP), one of the largest in the region.   The tender is being floated by  Emirates Water and Electricity Company (


Sharjah draws $220m FDI in 2020 for 24 projects

The UAE emirate of Sharjah attracted 24 foreign direct investment (FDI) projects worth $220 million (AED 808.6 million) during 2020, as per a Wavteq study on Sharjah’s FDI annual performance.    The Year 2020 was arguably one of the most challenging y


Air cargo business on way to recovery

December gave reason for cheer for the global air cargo business with a worldwide year-on-year (YoY) weight change of only -3.7%, still below December 2019, but the first weight change percentage in single digits since February, says a WorldACD report.    I


Sharjah nets $220m in FDIs, creates 1,117 new jobs in 2020

Sharjah FDI Office (Invest in Sharjah), the investment promotion office operating under the Sharjah Investment and Development Authority (Shurooq), has announced that it had attracted 24 foreign direct investment (FDI) projects into the northern emirate last year.   

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