Monday 5 December 2022

EGA buys clean energy certificates for 1.1m MWh electricity from Ewec

Emirates Global Aluminium, the largest industrial company in UAE outside oil and gas, has purchased Clean Energy Certificates for 1.1 million megawatt hours of electricity supplied by Emirates Water and Electricity Company (Ewec), supporting EGA’s production of CelestiAL solar aluminium


Goodyear launches new line of engine oils and lubricants

Alonsa Electric Group, a member of the Al Tara Group since 1978, has announced the launch of a comprehensive line of Goodyear engine oils throughout the Middle East, Africa and Asia.    Featuring 72 kinds of lubricants including over 300 SKus, the products


Sabic launches value chain pact with Jinming, Bolsas

Sabic has teamed up with Guangdong Jinming Machinery, a plastic packaging equipment maker and Bolsas de los Altos, a plastic film and packaging converter to support polyolefin based innovative applications in flexible packaging. Engagement with value chain players remains critica


Kezad, noon start work on UAE's largest fulfilment centre

Khalifa Economic Zones Abu Dhabi – Kezad Group, the integrated trade, logistics, and industrial hub of Abu Dhabi and a fully-owned subsidiary of AD Ports Group, and, the Middle East’s leading online shopping destination, today (November 23) broke ground on the UAE’s


Deals inked to boost trade, investments between UAE and Africa

Etihad Credit Insurance (ECI), the UAE Federal export credit company, and African Trade Insurance Agency (ATI) signed a reciprocal reinsurance agreement to strengthen trade ties and boost exports between the two markets. This is done by providing trade credit insurance and trade finance solut


Invictus procures 8 state-of-the-art refrigerated trucks

Invictus Investment has announced a capital expenditure of AED2.8 million ($760,000) to procure a fleet of over 8 refrigerated trucks to enable movement of perishable goods between Sudan, UAE and Saudi Arabia.    The purpose-built vehicles will transport ke


DMCC and SafeGold to use gold-backed digital assets

Asia’s leading digital gold platform, SafeGold, has signed an MoU with the Dubai Multi Commodities Centre (DMCC)to enable a digital ecosystem to flourish within the Middle East and North Africa (Mena) region’s $20 billion gold market.    With Sa


Study highlights World Logistics Passport benefits

Various trade advantages and business opportunities offered by the World Logistics Passport were highlighted by the latest Global Freight Resilience Index (GFRI).   The study also said the UAE has been improving and strengthening its logistics resilience over th


Xeneta forecasts fall in freight rates, volumes and demand

After over two years of rising rates and overstretched capacity, the rapidly cooling ocean freight market looks set for an “extremely challenging” 2023, according to Oslo-based Xeneta.    An in-depth analysis of the latest real-time ocean and ai


Olayan Kimberly-Clark's Bahrain unit cuts water use

Askar Manufacturing Facility, run by Olayan Kimberly-Clark in Bahrain, has reduced its 2021 water footprint by 55 percent within a span of just three years.    The facility’s consistent reduction of freshwater consumption year on year has resulted in

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