Abu Dhabi-based fertilizer producer Fertiglobe is studying plans to set up an integrated phosphate complex in Ain Sokhna region of Egypt. The complex will boast a production capacity of 1.3 million tonnes of diammonium phosphate (DAP) fertilizer per annum.
UAE oil major Enoc Group has recorded over AED478 million ($130 million) in cumulative savings through energy and resource management (E&RM) initiatives since 2014, alongside a 21.7% improvement in energy efficiency and a 11.5% cut in greenhouse gas emissions intensity, said a top official.
Messe Frankfurt has announced that the upcoming edition of its major event - Intersec Saudi Arabia - the kingdom’s leading platform for security, safety, and fire protection, has been postponed to October next year amid the ongoing regional tensions.
Psychological consultancy IntrospeXion has appointed Dr Natalie Robson as the new Head of Corporate Psychology & Performance for the GCC region to expand mental health and wellbeing support for high-pressure industry workforces, including the oil and gas and wider energy market.
Embosal, a leading manufacturer of steel tubes and pipes based in Ras Al Khaimah, has announced plans to build an integrated hot-rolled coil (HRC) steel plant with an annual production capacity of 1.2 million tonnes. Production is scheduled to begin by the end of 2027.
DIP Holding, the owner of Dubai Investments Park, has announced plans to list its shares on the Dubai Financial Market through an initial public offering comprising 20% of its issued share capital. Dubai Investments, the sole shareholder of DIP Holding, will sell 1.735 billion existing shares in the offering.
Caparol, the German premium paints and coatings brand, has signed a strategic agreement with Nasib Industrial Products in Kenya and, together with its local partners, will double production capacity in the country to meet rising demand across East Africa.
HVACR World, a major exhibition dedicated to heating, ventilation, air conditioning and refrigeration sector, will return to Dubai next month drawing more than 12,000 industry professionals and over 100 exhibitors who will be showcasing technologies that will boost energy efficiency and operational performance of buildings.
Mondelez International, one of the world's largest snacks companies, has announced the appointment of Othmane Nadifi as the new Managing Director of its Gulf business. An industry veteran, he brings more than two decades of leadership experience across the FMCG sector to the group.
Volvo Construction Equipment (Volvo CE) has announced plans to create a dedicated mining entity to strengthen its position in this sector. With this move, Volvo Mining will have a single, integrated business structure that will handle sales of Volvo trucks, construction equipment and autonomous solutions to mining customers.
