Achilles, a global leader in supply chain risk and performance management, said it has secured a major contract from Saudi petrochemical manufacturer Sipchem to support its drive for operational excellence, responsible sourcing and enhanced ESG performanc
Arabian Gulf Steel Industries, a leading steel manufacturer, has secured sustainable financing facility from Mashreq, a leading financial institution in the Mena region, to help the company’s smooth transition toward cleaner industrial practices by 2030.
Central Bank of Bahrain has reported a significant rise in financial institution licensing with 16 new firms approved and 52 more applications underway, thus highlighting the kingdom’s growing appeal as a destination for digital-first financial services.
Daimler Truck has signed a deal with Senegal government and Global Truck Systems to establish a local truck assembly plant. Under this, Daimler will serve as the exclusive supplier of dismantled truck kits and also act as the project technology partner.
Saudi oil giant Aramco is looking to sell up to five gas-fired power plants, three sources with knowledge of the matter told Reuters, part of a broader effort to free up funds that could generate tens of billions of dollars.
Abu Dhabi Airports has joined hands with Chinese group Jingdong Property to develop key logistics facilities within Abu Dhabi Airports Free Zone. The strategic partnership will see the construction of two modern warehouses spanning a GFA of 70,000 sqm.
COBOD, in collaboration with Technische Universität Braunschweig, has launched the first multifunctional construction robot. The BOD2 3D gantry printer is not only capable of printing concrete but can, also spray concrete in a process known as shotcrete.
Japanese crane manufacturer Tadano said it has acquired the transportation system business of IHI Transport Machinery, a key unit of IHI Corporation, thus marking a strategic milestone in the company's ongoing efforts to expand its product portfolio.
At least four leading international contractors or consortia are vying for a major contract from QatarEnergy LNG worth upto $5 billion for the next expansion phase of its massive North Field Production Sustainability (NFPS) project, said a report.
Saudi Principal Buyer has signed a power purchase agreement (PPA) with a consortium of Japanese group Marubeni and Abdulaziz Al Ajlan for the 700MW Yanbu Wind Energy project, being set up at a total investment of over SAR1.7 billion ($458 million).
