Panametrics, a Crane business and a leader in flare measurement, said it has launched the most advanced ultrasonic flare transmitter on the market, PanaFlare XGF1100, developed to improve how industries monitor and manage flare systems. It is mainly designed for use across oil & gas, chemical and other process industries,
Metso has announced that it has signed two multi-year Life Cycle Services agreements with major mining companies. The first is a five-year contract with a major copper producer in South America and the second is a four-year contract with a major lead/zinc producer in Asia Pacific.
The Sultanate of Oman has co-ordinated with the International Maritime Organisation (IMO) to establish a temporary maritime corridor for vessels transiting the Strait of Hormuz, said a report. It will be available to all vessels based on navigational co-ordinates announced by IMO and Omani authorities.
Arcapita, the global alternative investment firm, has signed a partnership deal with Hines, one of the world’s largest real assets investment managers, to jointly explore the creation of an institutional-grade platform focused on industrial and logistics real estate assets across the Gulf region.
The International Maritime Organisation (IMO) has announced a plan to evacuate 11,000 seafarers stranded in the Strait of Hormuz. The operation would be conducted in co-ordination with Iran, Oman and US and all other stakeholders from the maritime industry.
AD Ports Group has announced that it has acquired an additional 30% equity stake valued at AED1.1 billion ($300 million) in one of its most strategic assets, Global Feeder Shipping (GFS), the world’s fourth-largest container feeder shipping line by capacity, thus raising its holding to 81%.
AD Ports Group, a leading global enabler of trade, industry and logistics solutions, has announced the launch of its AI-driven business intelligence headquarters IHQ, a group-wide platform employing thousands of digital workers embedding AI across 20 global workstreams.
Qatar-based Gulf Warehousing Company (GWC) has entered into a partnership deal with Meydan Free Zone in a move aimed at simplifying business setup, market entry and regional expansion for companies establishing operations in the UAE and expanding into Saudi Arabia, Qatar, Oman, and Bahrain.
Etihad Rail, the developer and operator of the UAE's national railway network, is set to launch its first passenger service between Abu Dhabi and the northern emirate of Fujairah on June 30, thus marking a new chapter in the country’s infrastructure development.
ALUPCO subsidiary Conmarble has inaugurated its first showroom in Riyadh, marking a significant milestone in the company’s growth journey and reinforcing its commitment to supporting Saudi Arabia’s rapidly evolving architecture, design, and construction sectors.
