Saudi petrochemicals company Alujain has entered into an agreement with Belgian group Beaulieu Fibres International to expand production of polypropylene fibres and nonwoven products in Yanbu Industrial City. Under this, BFI will invest SAR89 million ($23.7 million) in Alujain's key subsidiary IRIC.
Bahri, the National Shipping Company of Saudi Arabia, has announced through Bahri Line, its dedicated arm for scheduled shipping and cargo services, the launch of a newbuild programme for two dual fuel LNG-powered Roll-on/Roll-off Container (RoCon) vessels, with an option for an additional two units.
Boeing and SMBC Aviation Capital have announced that the global aviation finance platform and lessor has ordered 100 737 MAX airplanes, including 60 737-10 and 40 737-8 jets.
Dubai Chambers discussed ways to advance bilateral relations between Dubai and China during a recent meeting with the Shanghai Federation of Industry and Commerce.
Artificial Intelligence (AI) is poised to reshape water and waste water infrastructure management globally as utilities adopt autonomous AI agents to analyse operational data and support real-time decision-making, but human oversight will remain essential, said an industry expert.
Talal Group, one of the UAE's most diversified business groups spanning retail, trading, food and beverage, manufacturing, and services, has broken ground on a new Central Distribution Centre at Dubai Industrial City, the region’s leading manufacturing and logistics hub and part of TECOM Group.
The Helicopter Company (THC), a Public Investment Fund (PIF) company and Saudi Arabia’s leading commercial helicopter operator, today announced an additional order of 11 Leonardo helicopters at Farnborough International Airshow in the United Kingdom.
Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, has awarded a contract for the construction of a new district cooling plant in the Al Sufouh 2 area in Dubai with a cooling capacity of 23,400 refrigeration tons (RT).
The Dubai International Financial Centre (DIFC) will host the third edition of the Future Sustainability Forum (FSF) on November 3, bringing together global business leaders, investors and policymakers to discuss the role of sustainable finance in driving the transition to a low-carbon economy.
The United Arab Emirates has concluded 37 Comprehensive Economic Partnership Agreements (CEPAs) to date, 18 of which have already entered into force, said Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade.
