Saturday 20 April 2019
 
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Dussur appoints Dr Raed AlRayes as CEO

Dussur, a strategic joint venture of the Public Investment Fund (PIF), Saudi Aramco and Sabic, announced today the appointment of Dr Raed AlRayes as its new chief executive officer with effect from April 1.   Dussur has the mandate is to diversify and accelerate

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GII acquires logistic assets in Dubai for $68m

Gulf Islamic Investments (GII), a leading financial services company based in the UAE, has acquired a portfolio of warehouses situated in the logistic belt of Jebel Ali and Dubai Investment Park on behalf of its investors for Dh250 million ($68.05 million). The portfolio consists

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Conqueror Freight Network discusses new solutions

Conqueror Freight Network, the largest independent freight forwarders network in the world, recently brought together more than 120 attendees representing over 50 countries to discuss latest challenges and solutions in the sector at an annual meeting in Phuket, Thailand. The meet

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Schneider showcases latest digital solutions at Hannover Messe

Schneider Electric, a leader in digital transformation of energy management and automation, recently showcased a range of digitally connected products, solutions, and services that help customers either begin their digitisation journey, or accelerate their digital transformation at the Hannover

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DHL to expand ops in Dubai South logistics zone

DHL Express, a global parcel and express mail company, said that it will soon be expanding its UAE operations to its latest facility located in the state-of-the-art EZDubai, the new addition to Dubai South’s Logistics District. The expansion will allow DHL Express to serve

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EGA, Mubadala, Dubal break ground on $272m power block

Emirates Global Aluminium (EGA) said it has officially broken ground on the new Dh1-billion ($272 million) state-of-the-art power block at its Jebel Ali smelter in Dubai in co-ordination with Abu Dhabi group Mubadala Investment Company and Dubal Holding, the investment arm of the Dubai governme

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FSI ME appoints new regional business development manager

FSI Middle East, the region’s leading facilities management solutions software provider, has appointed Mohammed Nabhan as the company’s new regional business development manager. Nabhan has more than 12 years’ experience working on enterprise and SMB accounts ac

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Dubai non-oil sector expands at faster rate in March

Dubai’s non-oil private sector economy expanded at a faster rate in March, with total business activity (output) increasing at the fastest rate since January 2015, said the latest Emirates NBD Dubai Economy Tracker. Moreover, two of the three key monitored sectors – t

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DBWC posts 10pc growth in membership during Q1

The membership database of the Dubai Business Women Council (DBWC) has grown by 10 per cent in the first quarter of 2019, bringing the total number of members to 949, up from 864 by the end of 2018, a media report said. The significant increase in the membership database reflects

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