Wednesday 17 January 2018

Sagia grants 3 investment licences to Japanese firms

The Saudi Arabian General Investment Authority (Sagia) has granted three investment licenses for Japanese companies working in various economic sectors, a report said. The granting of licences were revealed at the Saudi Arabia-Japan Business Forum on Sunday in Riyadh, said a Saud


Dubai Chamber forms automotive manufacturers group

The Dubai Chamber of Commerce and Industry has revealed the formation of the Automotive Manufacturers Business Group, which will be tasked with developing and advancing Dubai’s automotive industry, said a report. The organisation is the 28th sector-specific business group e


Masdar installs 19,000 solar home systems in Morocco

Masdar, Abu Dhabi’s renewable energy company, has completed installing a landmark off-grid solar power project that extends energy access to 19,438 homes in more than 1,000 rural villages in Morocco, a report said. The Morocco Solar Home Systems SHS) project is a partnershi


GWC posts net profit of $59m in 2017

GWC, a leading logistics provider in Qatar, concluded 2017 with an increase of 4.7 per cent in net profits with QR215.5 million ($59.1 million), as compared with QR205.7 million in 2016. The company posted gross revenues of QR966.9 million at the end of 2017, representing 13.8 pe


SGI Dubai opens with 300 exhibitors

Sign & Graphic Imaging Dubai 2018 (SGI Dubai 2018), the Middle East’s largest printing, signage and graphic industry show, opened yesterday (January 14) hosting 300 international and regional exhibitors from nearly 35 countries. The event, which runs until January 16 at


MAN delivers ‘safest’ coaches to Sharjah RTA

Germany-based MAN Truck & Bus, a leading international bus manufacturer, has delivered its safest coaches to the Sharjah Road Transport Authority (RTA), furthering its contribution to the UAE’s efforts to make its roads safer. MAN Truck & Bus’s official partne


Coca-Cola returns 1.75bn litres of water in Mena

The Coca-Cola Company revealed that it has returned 1.75 billion litres of water to nature and communities across the Middle East North Africa (Mena) region in 2017. This achievement represents a critical contribution to Coca-Cola’s global goal to replenish 100 per cent of


DP World Sokhna welcomes largest PIL vessel

Egypt-based DP World Sokhna, a marine terminal of global shipping terminal operator DP World, recently welcomed the “M/V Kota Pekarang”, one of the largest vessels owned by Pacific International Lines (PIL), the operator of Red Sea Service (RSS) from Xingang, China. T


Middle East air freight volumes up 6.6pc in November

The Middle East carriers’ year-on-year total freight volumes increased 6.6 per cent in November, and capacity increased 3.1 per cent, according to data released by The International Air Transport Association (Iata). During the same period carriers in the Middle East region


Saudi, Japan officials to discuss new opportunities

Senior officials from Saudi Arabia and Japan will discuss opportunities for partnership and investment between the two countries at the Saudi-Japanese Business Forum, which opened today in Riyadh, Saudi Arabia, said a report. The forum is being organised by the Saudi Arabia Gener

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