Friday 9 December 2022

Americana Restaurants set for key Abu Dhabi listing

The Abu Dhabi Securities Exchange (ADX) has announced the listing of shares of Americana Restaurants International Company by shares incorporated in the Abu Dhabi Global Market (ADGM) next Monday.   According to a circular issued by ADX, these shares will be lis


Universal Carton unveils big expansion plans for RAK facility

Universal Carton Industries (UCI), one of UAE’s leading corrugated cardboard box manufacturing companies located in Ras Al Khaimah Economic Zone (RAKEZ), plans to invest AED55 million (   ) to boost its production volumes to meet the growing demand.  


Ma’aden confirmed as founding partner of FMF 2023

Ma'aden, Saudi Arabia's leading mining company, announced its sponsorship of the upcoming Future Minerals Forum (FMF), which will take place in Riyadh from January 10-12.   As Founding Partner, Ma’aden will showcase its latest achievements in the m


Yango Delivery launches in the UAE

Yango Delivery has launched in the UAE with its platform for delivery-bound businesses to seamlessly outsource logistics at the last mile.   With a background in maptech, the company claims to offer traffic-proof and cost-effective deliveries at different speeds


Gold’s performance likely to remain stable in 2023: WGC

Gold’s performance is likely to remain stable next year as it battles against competing challenges from different demand drivers, said the World Gold Council’s (WGC) 2023 Gold Market Outlook.   With the significant chance of a more severe and widespr


Top Abu Dhabi groups complete landmark Masdar stake deal

Abu Dhabi National Energy Company (Taqa), Mubadala Investment Company (Mubadala) and Abu Dhabi National Oil Company (Adnoc) announced today (December 8) the successful completion of the Masdar transaction, following which they will all become shareholders in Abu Dhabi Future Energy Co


Future Minerals Forum enlists think tanks for innovation

The Future Minerals Forum (FMF), the international conference launched by Saudi Arabia’s Ministry of Industry and Mineral Resources, has announced partnerships with leading think tanks and research institutions.   As it prepares to host its second edition


Saudi Arabia launches space accelerator programme

Saudi Space Commission has launched its Saudi Space Accelerator Program, seeking to enhance the national space sector through the development of its infrastructure and enabling local businesses to advance innovative space solutions. The programme, which is in line with the Kingdo


UAE 9-month non-oil trade soars 19% to $435.6bn

The UAE’s foreign non-oil trade created another record in the first nine months of 2022, totalling over AED1.6 trillion ($435.61 billion), a rise of 19 percent compared to the same period in 2021.   His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice


Yokogawa adds ZR802S converter to OpreX analyzers lineup

Yokogawa Electric Corporation has announced that it has developed the ZR802S explosion-proof converter and will be releasing it for sale as part of its OpreX analyzers lineup in all markets on December 12.   The ZR802S converter supports the IECEx, FM, ATEX, CSA

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