Saturday 21 October 2017

FedEx Express joins AmCham Abu Dhabi's ‘Women Achieve’ initiative

FedEx Express, a leading express transportation company and a subsidiary of FedEx Corp, has signed a memorandum of understanding (MoU) with the Women in Business Committee of the American Chamber of Commerce (AmCham) Abu Dhabi, to encourage the development of women in the workplace through the


Jumbo, BBC Chartering agree strategic co-operation deal

Netherlands-based Jumbo and Germany’s BBC Chartering, a leading project chartering network, have agreed to an exclusive strategic co-operation called the Global Project Alliance. Jumbo is a global market leader in providing innovative, safe and viable heavy lift transportat


Oman’s dairy farm project to contribute $2bn in 10 years

Oman's Tanfeedh, a national programme for enhancing economic diversification, has projected that the sultanate’s largest integrated dairy farm project currently under development at Al Sunainah in Al Buraimi Governorate has the potential to contribute as much as RO800 million ($2.07 b


Centra Hub, NGN International sign partnership deal

Dubai-based Centra Hub has signed a regional partnership agreement with NGN International, a systems integrator and IT consultant, which was established in 2015 in Bahrain as a part of NGN Group. Centra specialises in CRM, real estate and human capital management solutions.


Saudi fund to set up new waste management company

Saudi Arabia’s top sovereign wealth fund Public Investment Fund (PIF) plans to launch a new waste management company to support its investments in domestic recycling sector projects, reported the official Saudi Press Agency (SPA). The new firm, Saudi Recycling Comp


Global small satellite market to reach $4.3bn by 2021

The global small satellite market was estimated at $1.98 billion in 2016 and is projected to be valued at $4.36 billion by the end of 2021, registering a compound annual growth rate (CAGR) of 17.05 per cent during forecast period, said a recent report. GMI Research, a global mark


Diamond industry leaders discuss key issues in Dubai

The Dubai Diamond Exchange (DDE), a Dubai Multi Commodities Centre (DMCC) platform, yesterday (October 16) opened the third edition of its biennial two-day Dubai Diamond Conference 2017 in Dubai, UAE. The event which is being held under the theme ‘Shaping the future of an i


ME information security spending to reach $1.8bn

The Middle East and North Africa's (Mena) spending on information security technology and services is on pace to reach $1.8 billion in 2017, an increase of 11 per cent over 2016, according to Gartner, Inc. Gartner, Inc. is an American research and advisory firm providing info


Nesma Telecom plans digital telecom towers in UAE

Nesma Telecom & Technology, a subsidiary of Saudi Arabia-based multinational conglomerate Nesma Holding, has revealed its plans to foray into the UAE market with digital telecom towers that can carry the devices of more than one GSM operator. Nesma Telecom has partnered with


Mercosur, Egypt free trade deal comes into effect

The Arab-Brazilian Chamber of Commerce (ABCC) has announced that the Free Trade Agreement (FTA) signed between Mercosur bloc and Egypt has come into effect. Mercosur is an economic and political bloc comprising Argentina, Brazil, Paraguay, and Uruguay, and Venezuela.

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