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.
AD Ports Group has announced that it has signed an agreement with IRH Global Trading, a strategic commodities trading company with interests across the mining and energy sectors, to explore strategic co-operation in bunkering services and alternative marine fuels at Khalifa Port in Abu Dhabi.
DP World and Lintara Properties, the real estate development platform of Arcapita Group Holdings, have broken ground on a new 20,000 sq m build-to-suit logistics centre in Dubai's Jebel Ali Free Zone (Jafza).
Luxury brand Roberto Cavalli has signed an exclusive multi-year licensing agreement with RAK Ceramics, one of the world's leading ceramics lifestyle solution providers, for the development, manufacturing and distribution of Roberto Cavalli branded ceramic tiles, sanitaryware and faucets.
Turner & Townsend, the global programme manager, has reported strong growth across its core sectors and key markets in the Middle East with a 73% jump in its revenue last year. The company also significantly expanded its team, with headcount rising to over 22,000 in more than 60 countries.
Acciona has developed a prototype pavement made up of 14 precast slabs with novel cement-free concrete, thus replacing clinkers with industrial by-products used as a binder. This key initiative aligns with the growing demand from Middle East for sustainable construction solutions.
Indian construction and engineering conglomerate Larsen and Toubro (L&T) said it has been awarded the front-end engineering and design (FEED) contract by Singapore-based Meranti Green Steel (MGS) for a major green iron project in Duqm, Oman, with a 2.5 million tonnes per annum capacity.
Kuwait-based Mechanical Engineering and Contracting Company (MECC) has emerged as the lowest bidder for three major power infrastructure projects being developed by Kuwait Oil Company (KOC) at a total investment of KD132.28 million ($427 million).
