Friday 7 October 2022

UAE witnesses surge in British businesses

The UAE, with a 23% increase in British establishments year-on- year, is witnessing a surge in market entry of new British businesses, according to GCC-based corporate services provider CBD Corporate Services.   The most recent economic forecast from the British


Safeen Group signs fuel oil transport, storage pact with Iraqi firm

AD Ports Group’s Safeen Group and Amaan Baghdad Company have signed an agreement to support a new project relating to fuel oil transport and storage from Khor Al Zubair and Umm Qasr oil terminals in Iraq.   The project represents a significant extension of


Fruit Attraction 2022 to open with record numbers

Representatives from Saudi Arabia and the UAE will join a record 1,800 exhibiting companies from 55 countries, and more than 90,000 fruit and vegetable professionals at the 14th edition of Fruit Attraction in Madrid.   Organised by Ifema Madrid and Fepex, this y


Mawani, Tabadul to develop ports management system

The Saudi Ports Authority (Mawani) and Saudi Company for Exchanging Digital Information (Tabadul) have signed a memorandum of understanding (MoU) to develop Saudi ports management system.    This is part of their endeavour to lead the change for the future


DMCC wins Global Free Zone of the Year award

DMCC (Dubai Multi Commodities Centre) has been named Global Free Zone of the Year 2022 by the Financial Times’ fDi Magazine for the eighth consecutive year.    The award, among the most prestigious of accolades a free zone can earn, is decided by the


Gecko Robotics to set up international HQ in Abu Dhabi

Gecko Robotics, a leading US robotics firm that has developed robots capable of inspecting oil and gas and power infrastructure, will set up a new international headquarter in the UAE under the Ministry of Economy’s landmark NextGenFDI program.    Dr


Emirates SkyCargo seals landmark pact with United Cargo

Emirates SkyCargo said it has signed an agreement with United Cargo that comes close on the heels of the new broader historic commercial agreement between two of the largest global airlines.    This coordination will deliver benefits to air freight customer


`4IR and regionalisation of supply chains essential’: experts

The regionalisation of supply chains and Fourth Industrial Revolution (4IR) technologies are among the most critical components in future-proofing global economies against systemic shocks like the Covid-19 pandemic, experts at the just concluded inaugural US roadshow of the Global Manufacturi


Acwa Power in deal to develop major SWRO plant in Senegal

Acwa Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, has signed MoUs with the National Water Company of Senegal (Sones) and the National Electricity Company of Senegal (Senelec), for the development of a 300


'Make it in the Emirates’ draws interest from US firms at GMIS

A high-level delegation from the UAE presented the UAE’s national industrial strategy to over 200 international delegates that convened at the first US edition of the Global Manufacturing and Industrialisation Summit (GMIS America) from September 28-29 in Pittsburgh, Pennsylvania, US.&n

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