Wednesday 17 January 2018

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


Dubai Investments supports 49 CSR initiatives in 2017

Dubai Investments, a leading diversified investment company listed on the Dubai Financial Market, has supported a total of 49 initiatives during 2017 in line with the UAE’s Year of Giving, reaching out and benefitting communities across various sections of the society. Duri


Acwa to develop $190m solar projects in Egypt

Saudi-based Acwa Power, a major developer, investor and operator of a portfolio of power generation and water desalination plants, has reached financial close of three solar photovoltaic (PV) projects under Round 2 of Egypt's Feed-in tariff programme II. As per the deal, Acwa


Oman’s trade surplus hits $3.64bn till Sept 2017

Oman’s trade balance recorded a surplus of RO1.402 billion ($3.648 billion) by the end of September 2017 compared with RO944.3 million ($2.455 billion) during the same period in 2016, according to data released by the National Centre for Statistics and Information (NCSI). T


Top decision-makers to attend UAE F&B sectors meeting

UAE's Food and Beverage Manufacturing Business Group (FBMG) is set to organise a series of meetings and workshops with representatives and decision makers from sub sectors within the F&B field to build a collaborative network between all stakeholders.   The roundtable


Qatar firm to supply 50 Actros trucks to Tekfen Construction

Nasser Bin Khaled (NBK) Automobiles, the authorised general distributor of Mercedes-Benz in Qatar, has entered into an agreement with Turkey’s Tekfen Construction for the supply of 50 Mercedes-Benz Actros trucks, said a report. Tekfen Construction is a subsidiary of Turkey-


Bahrain non-oil growth to stay strong in 2018-19: report

Bahrain's non-oil growth will remain resilient in 2018 and 2019, with GCC investments keeping infrastructure spending levels elevated. This will help offset oil sector weakness and keep overall growth close to a reasonable 3 per cent, a report said.   

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