Friday 29 March 2024
 
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Big demand for mining licences in Saudi Arabia, says report

There has been a notable increase in the demand for mining licences across Saudi Arabia following the implementation of a new investment law in 2021, reported SPA, citing the Ministry of Industry and Mineral Resources.   It is mainly aimed at promoting

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Family farming is the present and future of food supply: IFAD chief

More than 150 representatives from five continents have gathered in Vitoria-Gasteiz, Euskadi, Spain to discuss the future of family farming, which provides food for 70 per cent of the world’s people.    Among the experts present was Alvaro Lario, Pres

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Sony Group to take Esports World Cup appeal to next level

The Esports World Cup Foundation (EWCF) and Sony Group Corporation (Sony) have signed a multi-year partnership agreement to collaborate on initiatives for the Esports World Cup. The collaboration leverages Sony's acclaimed gaming products and entertainment expertise alongside the E

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LG makes Air Solution product MULTI V 5 at its KSA factory

Global technology and electronics brand, LG Electronics, recently passed its cutting-edge Variable Refrigerant Flow (VRF) production technology to its LG-Shaker factory in Riyadh, Saudi Arabia.    This marks a new era in the Saudi market, introducing an inn

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Suhar Industrial City inks investment pacts worth $6.23m

Suhar Industrial City, part of Oman’s Public Establishment for Industrial Estates (Madayn), has signed 3 investment deals worth OMR2.4 million ($6.23 million) for projects specialising in plastic products, medical devices and mattresses.    Spanning a

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Opportunities in KSA for Chinese automotive firms discussed

Vehicle cloud smart connections, Chinese automotive enterprises going global and opportunities in the Saudi Arabian market were discussed at the Huawei Cloud Automotive Forum during LEAP 2024.     Hosted jointly by Huawei Cloud, the Ministry of Investm

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Stellantis increases stake in eVTOL firm Archer Aviation

Stellantis NV and Archer Aviation today announced that Stellantis recently completed a series of open market purchases of ~8.3 million shares of Archer’s stock.   This signals Stellantis’ continued confidence in Archer’s plans to bring electric

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Dubai Chamber issues 5,492 ATA Carnets worth $1.36bn in 2023

Dubai Chamber of Commerce issued a total of 5,492 ATA Carnets for goods and commodities worth AED5 billion ($1.36 billion) in 2023, denoting a remarkable year-over-year growth of 47% in value.   This record value reflects strong growth within Dubai’s exhib

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Pharmatrade launches its Logistics Centre in Kezad

Khalifa Economic Zones Abu Dhabi – Kezad Group and the UAE-based Pharmatrade have opened Pharmatrade’s Abu Dhabi Logistics Centre, which will ensure uninterrupted medical supplies to Abu Dhabi and Al Ain.   The new logistics centre will ramp up the s

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Valmet to supply tissue line to Crown Paper Mill plant in Saudi Arabia

Crown Paper Mill has decided to invest in a second Valmet’s Advantage DCT tissue line including an extensive automation package, flow control valves and Industrial Internet solutions for its new mill in Saudi Arabia.   The target of the investment is to me

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