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Rakez participates in Licensing Expo ShanghaiRas Al Khaimah Economic Zone (Rakez) is providing an overview of how its state-of-the-art facilities and business-friendly environment are ideal for fostering the business growth at Licensing Expo Shanghai, from July 17 to 19. Furthermore, entrepreneurs More… |
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Mashreq allocates $272m more in funding for industrial companiesMashreq Bank, a leading financial institution in the region, has announced that it has allocated an additional AED1 billion ($272 million) in financing solutions to enhance the industrial sector's growth in the UAE and support its competitiveness and productivity. More… |
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Envision Energy, PFI partner to drive renewables growthEnvision Energy, recognised as the 'Green Giant' among the '2024 TIME100 Most Influential Companies', has unveiled a strategic joint venture (JV) with Saudi Arabia's Public Investment Fund (PIF) and Vision Industries. This venture aim More… |
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Al Ramz named liquidity provider for Adnoc DrillingUAE-based Al Ramz Capital has announced that it has been appointed as a liquidity provider for Adnoc Drilling Company, the Abu Dhabi-listed largest drilling and well completions company in the Middle East by fleet size, owning and operating one of the largest multi-discipline drilling fleets More… |
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Global shipments of solar trackers hit 94GW in 2023: S&PGlobal shipments of solar trackers reached 94GW in 2023, 29% more than in 2022, S&P Global said in its Solar Tracker Market Report 2024. Global market distribution began to shift last year, with the market share of the US, traditionally the largest market More… |
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Damen signs with WCPS for six ASD tugsDamen Shipyards Group has signed a landmark contract with Western Coast Port Services (WCPS) to construct six ASD Tugs. This order consists of five ASD Tugs 2813 and one ASD Tug 3212, which will be operated at Saudi Arabia's Jeddah Port. Damen’ More… |
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French group Ceva inks Saudi JV with Almajdouie LogisticsCeva Logistics, a global logistics and supply chain company, has joined forces with Almajdouie Logistics to set up a new entity in Saudi Arabia that will target industry verticals - ranging from conventional energy and petrochemicals industry to automotive, e-commerce, consumer and retail. More… |
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Emirates Steel and Eversendai forge strategic partnershipEmirates Steel, part of Emirates Steel Arkan Group, is partnering with Eversendai, a global powerhouse in steel construction, solidifying their collaboration for the prestigious NEOM Trojena Ski Village project. The strategic partnership marks a significant mi More… |
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ADGM revises fees for commercial licences starting 2025ADGM, the international financial centre of the UAE’s capital, has announced significant revisions to its licensing fee schedule as part of its transitional arrangements for Al Reem Island businesses. Starting from January 1, 2025, ADGM will More… |
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OrbitMI launches enhanced DaaS for dry bulk vesselOrbitMI has announced the launch of its latest Data-as-a-Service (DaaS) offering, tailored specifically for maritime industry players in the dry bulk sector. This new product delivers precise and timely data to support decision-making and boost operation More… |
