Saudi Power Procurement Company (Principal Buyer) has launched the qualification bid process for the second group of Battery Energy Storage System (BESS) projects. The combined capacity of Group 2 BESS projects is 3000MW for a 4-hour storage duration (12,000 MWh).
AD Ports Group, a leading global enabler of trade, industry and logistics solutions, today announced a strategic partnership and research collaboration agreement with NYU Abu Dhabi.
EMSTEEL Group, one of the region’s largest publicly traded integrated steel and building materials manufacturers, has reaffirmed its commitment to supporting the resilience of the UAE market by maintaining pricing discipline across key domestic steel and building materials products, including reinforcing steel bars, while ensuring a reliable supply to customers nationwide.
Bahrain Aluminium Extrusion Company (Balexco), a leading producer of aluminium extrusion products used primarily in construction sector with operations across the GCC, is planning a stock market listing after shareholders approved a proposal to transform the company into a public shareholding firm.
dnata, a leading air and travel services provider based in Dubai, has announced plans to establish a dedicated cargo terminal facility at Western Sydney International (Nancy-Bird Walton) Airport (WSI). Once operational, the 5,000 sq m facility will handle up to 60,000 tonnes of cargo per annum.
AESG, an engineering and consultancy firm, has announced expansion of its Mission Critical unit, broadening its data centre offering to full multidisciplinary integrated design delivery. Its focus markets will remain UAE and Saudi Arabia where the demand for hyperscale data centres is booming.
Automechanika Riyadh, will be back for its next edition in January at a new venue, the Riyadh Front Exhibition & Conference Center (RFECC), in a strategic move that positions the event as the kingdom’s first major automotive aftermarket gathering of the year.
Raimondi Middle East marks a significant milestone in the UAE with more than 100 cranes currently operating across the country. The 100th crane, a Raimondi LR273, was deployed in a prime Dubai location for a waterfront residential project alongside two additional Raimondi luffers.
Dubai Investments has announced that its integrated manufacturing platform - spanning glass, steel, aluminium and a range of building materials and industrial manufacturing solutions, continues to operate with full operational continuity, supporting construction and infrastructure activity across the region.
Tensions in the strategically vital Strait of Hormuz escalated sharply on Tuesday after two vessels were reportedly seized by Iran’s Revolutionary Guard Corps (IRGC) and transferred to Iranian waters.
