Sunday 27 November 2022

Penspen launches new energy transition consultancy

Global energy services company Penspen has announced the launch of its dedicated energy transition consultancy – a multi-disciplinary centre of expertise to lead the international energy industry on the pathway to net zero emissions.   The consultancy brin


Bahrain gets S&P ratings boost on fiscal reforms, high oil prices

S&P Global Ratings today (November 26) revised its outlook on Bahrain to positive from stable, while affirming its 'B+/B' long- and short-term foreign and local currency sovereign credit ratings. The transfer and convertibility assessment on Bahrain remains 'BB-'.


China Harbour Engineering wins Khalifa Port infrastructure contract

AD Ports Group has announced that it has awarded a contract to China Harbour Engineering Company (CHEC) for the development of buildings and topside infrastructure for its cutting-edge CMA Terminals Khalifa Port.   CMA Terminals Khalifa Port is a joint venture b


DHL Express spearheads retail automation in the CEP market

DHL Express, a leading global express and logistics provider, has marked a breakthrough in retail automation in the Courier, Express & Parcel (CEP) industry with the launch of its first digital service point in the UAE.    Located at the Dubai Digital P


EGA buys clean energy certificates for 1.1m MWh electricity from Ewec

Emirates Global Aluminium, the largest industrial company in UAE outside oil and gas, has purchased Clean Energy Certificates for 1.1 million megawatt hours of electricity supplied by Emirates Water and Electricity Company (Ewec), supporting EGA’s production of CelestiAL solar aluminium


Goodyear launches new line of engine oils and lubricants

Alonsa Electric Group, a member of the Al Tara Group since 1978, has announced the launch of a comprehensive line of Goodyear engine oils throughout the Middle East, Africa and Asia.    Featuring 72 kinds of lubricants including over 300 SKus, the products


Sabic launches value chain pact with Jinming, Bolsas

Sabic has teamed up with Guangdong Jinming Machinery, a plastic packaging equipment maker and Bolsas de los Altos, a plastic film and packaging converter to support polyolefin based innovative applications in flexible packaging. Engagement with value chain players remains critica


Kezad, noon start work on UAE's largest fulfilment centre

Khalifa Economic Zones Abu Dhabi – Kezad Group, the integrated trade, logistics, and industrial hub of Abu Dhabi and a fully-owned subsidiary of AD Ports Group, and, the Middle East’s leading online shopping destination, today (November 23) broke ground on the UAE’s


Deals inked to boost trade, investments between UAE and Africa

Etihad Credit Insurance (ECI), the UAE Federal export credit company, and African Trade Insurance Agency (ATI) signed a reciprocal reinsurance agreement to strengthen trade ties and boost exports between the two markets. This is done by providing trade credit insurance and trade finance solut


Invictus procures 8 state-of-the-art refrigerated trucks

Invictus Investment has announced a capital expenditure of AED2.8 million ($760,000) to procure a fleet of over 8 refrigerated trucks to enable movement of perishable goods between Sudan, UAE and Saudi Arabia.    The purpose-built vehicles will transport ke

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