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FedEx teams up with Rakez to empower local businessesFederal Express Corporation and Ras Al Khaimah Economic Zone (Rakez) have successfully hosted a breakfast meeting to educate and share insights with over 50 companies in Ras Al Khaimah (RAK). The insights pertained to logistics innovations that can help local businesses expand into global mar More… |
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Bahri, SLA to provide training, jobs in KSA logistics sectorBahri, a global leader in logistics and transportation, has entered into a training agreement with the Saudi Logistics Academy (SLA) to enhance employment opportunities and skill development in the maritime logistics sector. Under the terms of the two-ye More… |
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VINCI wins $81m deal for green hydrogen steel plant in GermanyCobra IS, a VINCI subsidiary, has been selected by SMS Group to carry out the piping and mechanical works worth €74 million ($81 million) on part of the steel production plant of Thyssenkrupp Steel Europe in Duisburg, Germany. With an annual production ca More… |
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Kezad commissions $82m natural gas network for clientsKhalifa Economic Zones Abu Dhabi – Kezad Group has successfully commissioned a new natural gas network having 311,100 MMBTU/Day capacity in Kezad Area A - Al Ma’mourah investing around AED300 million ($82 million). The natural gas More… |
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Oil tanker capsizes off Oman's coast, rescue operations onA Comorian-flagged oil tanker has capsized 25 nautical miles southeast of Oman's Ras Madrakah in Duqm port town, Omani News Agency (ONA) reported on Monday, citing the sultanate's Maritime Security Centre. The centre said a search-and-rescue o More… |
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EGA completes design phase of GenNext smelting technologyEmirates Global Aluminium (EGA) has announced the completion of the design phase of the company’s next generation smelting technology, EX. It has been designed with two variants - one to maximise productivity and the other to further minimise greenhouse More… |
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Spiralling ocean container shipping market set to peakThe dramatic spike in the ocean freight container shipping market is reaching its peak as importers push back against spiralling spot rates. Data released by Xeneta shows average spot rates from the Far East to US East Coast increased by 3.7% on 15 July to sta More… |
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KPMG’s playbook shows how AI drives functional transformationTo help businesses tap into the potential of generative AI, KPMG has published its gen AI playbook, AI & generative AI in functional transformation. The publication strives to serve as a guide for businesses planning to leverage gen AI to drive funct More… |
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Ramco Norway secures long-term OCTG contract with EquinorRamco Norway, specialists in the preparation, inspection, surface treatment, and preservation of OCTG (oil country tubular goods), has secured a long-term contract with Equinor. This provides the company with stable employment and strategic growth opportunities, says CEO Arild Moe, from the h More… |
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IFS acquires EmpowerMXIFS, the leading technology innovator in cloud and Industrial AI software, has announced the acquisition of EmpowerMX. EmpowerMX is an AI-powered aviation maintenance software provider specialising in Airframe Maintenance Repair and Overhaul (MRO) soluti More… |
