Australian group Maritimo, a leading builder of long-range luxury motor yachts for the world, has appointed KJM Marine as its exclusive dealer across the GCC and selected territories in the Middle East and Indian Ocean, reinforcing its presence in one of the world's most dynamic boating regions.
Dubai-headquartered HITEK AI, a pioneer in AI-driven enterprise solutions and part of the Farnek Group of companies, has launched Condtek, the GCC’s first AI-powered solution that automatically creates a verified digital asset register without the need for lengthy and costly manual audits, saving building owners, developers and managers time and money.
IHC, a global investment company focused on building dynamic value networks, continued to execute its strategy of disciplined investment, portfolio expansion and active value creation across its diversified portfolio of businesses in the second quarter of this year.
Al Khayyat Investments (AKI) has announced the signing of an exclusive distribution partnership with Aujan Coca-Cola Beverages Company under which AKI will exclusively manage the UAE distribution and growth for household brands Rani, Vimto and Barbican.
TA’ZIZ, a joint venture between ADNOC and ADQ, has announced the launch of a joint feasibility study with Covestro and XRG to assess the development of a world-scale methylene diphenyl diisocyanate (MDI) plant at the TA’ZIZ Industrial Chemicals Zone in Ruwais Industrial City, Abu Dhabi.
A new European regulation aimed at protecting the EU steel sector from the damaging impact of global overcapacity will enter into application on July 1.
Emirates is marking a significant milestone in the expansion of its cargo fleet by becoming the first airline cargo carrier to deploy the Boeing 777-300ERSF passenger to freighter converted aircraft.
The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and Ukraine will officially enter into force on July 1, signifying a major advancement in the two nations’ economic ties. The agreement aims to create new opportunities for trade, investment and private sector collaboration, strengthening the UAE's relationship with a key European market and reinforcing its role as a global trade hub, said a statement.
dnata, a global air and travel services provider, has announced that it has secured a seven-year extension to provide ground handling licence at Amsterdam Airport Schiphol (AMS) in the Netherlands, thus reinforcing its position at one of Europe’s most important aviation hubs.
Almarai Company has signed a memorandum of understanding (MoU) with The Regional Voluntary Carbon Market Company (VCM), allowing it to explore opportunities for participation in Saudi Arabia's emerging voluntary carbon market.