Sunday 27 November 2022

Ma’aden, Gulf Cryo to set up carbon capture plant in Saudi Arabia

Saudi mining giant Ma’aden has signed an agreement with Gulf Cryo, the regional leader in managing the carbon full circular value chain - from capture to utilization - for setting up a carbon capture plant in the kingdom.   As per the deal, Gulf Cryo will


Gulf chemistry conference, exhibition open in Bahrain

The first Gulf Chemistry Association International Conference and Exhibition (GCA 2022) kicked off in Bahrain today with the theme "Role of Chemistry in Sustainable Energy for Oil and Petrochemical Industries".   The event, held under the patronage of


DSV opens regional logistics hub in Bahrain zone

DSV, the world’s third-largest freight forwarder and leading global logistics provider, today (November 15) opened a 14,000 sq m logistics facility in Bahrain Logistics Zone in Hidd to expand its warehousing capabilities in the area.   The new facility sup


Foulath participates in 15th Arab Steel Summit as Diamond sponsor

Foulath Holding, an investment vehicle and holding company committed to the sustainable growth of the region’s steel industry, was the Diamond sponsorer of the 15th Arab Steel Summit and the International Iron and Steel Exhibition 2022.    The event,


Agility Q3 earnings up 48.3% to $40.9m

Agility, a long-term investor and operator in supply chain services, infrastructure, and innovation, today reported third-quarter earnings of KD12.6 million ($40.94 million), or 4.95 fils per share, an increase of 48.3% over the same period in 2021 excluding the earnings reported last year fr


Microsoft launches new supply chain platform

Microsoft has launched the Microsoft Supply Chain Platform, which helps maximize supply chain data estate investment with an open approach, bringing AI, collaboration, low-code, security and SaaS applications in a composable platform. The company also announced the preview of Mic


Al Seer expands, orders 4 IMO-compliant tankers worth $175m

Al Seer Marine, a global player across multiple marine sectors, has ordered four IMO II/III product tankers valued at AED643 million ($175 million) as part of its global expansion push.    The new tankers order will increase Al Seer Marine’s fleet val


Duqe Free Zone, Mashreq Bank to promote SME growth

Duqe, a one-of-its-kind free zone on a ship in Dubai, has partnered with the Ports, Customs and Free Zone Corporation (PCFC) and Mashreq Bank to offer startups and entrepreneurs faster access to banking services.   PCFC Investments CEO Saeed Al-Bannai signed the

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