Tuesday 5 March 2024

Ahmad Hassan Al-Obaidly appointed Acting CEO of Karwa

Ahmad Hassan Al-Obaidly has been appointed as Acting Chief Executive Officer of Mowasalat (Karwa).   Al-Obaidly joined Mowasalat in 2019, where he assumed the position of Chief Operations Officer. Under Al-Obaidly’s strategic leadership of Mow


Dubai Taxi’s market share rises to 46%; number of taxis rise to 5,660

Dubai Taxi Company (DTC) has expanded its fleet with the acquisition of 94 new licence plates in the latest auction hosted by the Roads and Transport Authority (RTA), adding 445 taxis to its service in 2024. The strategic addition is expected to boost the company's market share to


Masdar Arlington Energy breaks ground on two UK BESS sites

Masdar Arlington Energy, a subsidiary of Abu Dhabi Future Energy Company– Masdar, has broken ground at the sites of two new battery energy storage system (BESS) projects in the UK.    The Royle Barn Road plant in Rochdale and Welkin Road plant in Stoc


MDO starts Oman copper mines redevelopment project

Minerals Development Oman Company (MDO) has started the redevelopment work on the Lasil and Al Baydha copper mines in Block 4 of the wilayats of Sohar and Liwa.    The production of copper ore from the Lasil mine is anticipated to begin this year,


Four Winds offers new logistics solutions in KSA and Jordan

Four Winds Saudi Arabia Limited has launched solutions designed to make available international freight services within Saudi Arabia and Jordan, effectively addressing the logistics challenges posed by the Red Sea crises.   The new freight services provided incl


FedEx clubs ocean, road networks to launch LCL priority service

FedEx Logistics and FedEx Express are launching the new FedEx Less-than-Container Load (LCL) Priority service, offering a customs-cleared port-to-door and door-to-door solution with a strategic balance of speed and affordability. It adeptly connects the Asia Pacific with key Middle East marke


Allison launches fuel-efficient 9-speed transmission in Mideast

Allison Transmission, a global leader in the production of medium- and heavy-duty fully automatic transmissions, has introduced its innovative, all-new 9-Speed transmission for commercial vehicles in the Middle East.   The new 9-Speed fully automatic transmissio


FIATA-RAME to chart a resilient course for logistics sector

The FIATA-RAME (Region Africa Middle East) Field Meeting & Conference in Dubai on March 5 and 6 will see over 1,000 industry leaders participate to chart a resilient course for the region’s logistics sector.   The National Association for Freight and L


IHC ‘appoints’ AI advisor to enhance corporate governance

In a landmark move, Abu Dhabi-based International Holding Company (IHC), the global diversified multi-sector investment company, has announced the creation of a new board observer position for an artificial intelligence (AI) entity, named “Aiden Insight”, a report said. Thi


Source One Plastics starts operations at Eicklingen

Source One Plastics, a joint venture between 23 Oaks Investments and LyondellBasell, has successfully started up its plastic waste sorting and recycling facility in Eicklingen, Germany.    The new unit processes difficult to recycle post-consumer plastic wa

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