The May edition of Big 5 Construct Saudi, the largest construction event in the kingdom, has been postponed to September. The January event held in the capital Riyadh had drawn more than 1,100 exhibitors from over 50 countries showcasing more than 20,000 products and solutions.
Adnec Group, a unit of Abu Dhabi group Modon, has announced a strategic partnership deal with Emirates Water and Electricity Company (Ewec) to power Adnec Centre Al Ain with renewable and clean energy. Hosting over 500 events annually, the venue will now operate entirely on clean energy.
As part of a long-term strategic shift and due to the unsustainable profitability of the Rokbak articulated hauler business, Volvo Construction Equipment (Volvo CE) will close its Rokbak business and concentrate resources on its portfolio of other hauling solutions, the company said.
Global utility major Acwa Power has acquired the entire 32% stake of Saudi PIF company Badeel in Shuaibah Water and Electricity Company (developer of Shuaibah IWPP). With this move, Acwa Power has now become the majority stake holder in the Shuaibah company with 62% share.
Regional economies are diversifying, strengthening their role in international supply chains and investing in advanced manufacturing and distribution zones. In turn, warehouse operators face mounting pressure to increase speed, resilience, and efficiency. Against these structural shifts, Swisslog highlights five warehouse challenges that automation is positioned to solve.
Midal Cables has been awarded the EcoVadis Platinum Rating, the highest level of recognition granted by EcoVadis, placing the company among the top 1% of more than 130,000 companies assessed globally.
Diversified sourcing strategies, alternative shipping routes and stronger coordination between logistics providers and government authorities have helped maintain continuity in the movement of essential goods, says Mark Mortimer-Davies, CEO of Choithrams, in an exclusive interview with TradeArabia's Sree Bhat.
SLB’s OneSubsea joint venture won a multi-well EPC contract from CNOOC for 20 wells, providing integrated subsea production systems for the deepwater Kaiping 18-1 field development in the South China Sea.
Presight has unveiled the first six AI companies selected to receive investment through its AI Innovation Ecosystem, strengthening the pipeline of technologies designed to power next-generation intelligent systems at national and enterprise scale.
Rowad Modern Engineering has announced the start of work on expansion of the Saudi Logistics Services Company (SAL) facilities at King Khalid International Airport in Riyadh.