Saudi Arabia's National Water Company (NWC) has announced that its Central Cluster has begun work on 30 new water and sanitary drainage projects in Riyadh region which is being implemented at a total cost of SAR2 billion ($533 million).
RAK Properties, a leading publicly-listed property developer in Ras Al Khaimah, has announced the appointment of Arqaam Securities, a regional financial institution in UAE, as the liquidity provider for its shares on Abu Dhabi Securities Exchange (ADX).
Volvo Trucks and Putzmeister have unveiled the largest battery-electric concrete pump trucks at the Bauma expo in Germany. With this new model, Volvo is offering an electric alternative for the handling of concrete – transporting, mixing and pumping.
Chinese automobile manufacturer Chery has partnered with it sole distributor AW Rostamani to unveil the revamped version of Tiggo 4 in the UAE. The compact SUV combines modern design elements with advanced safety features.
Reciprocal tariffs announced by US President Donald Trump on ‘Liberation Day’ could prevent shippers from making important decisions on supply chains, but are not likely to cause an immediate spike in freight rate, said a leading freight services expert.
AD Ports Group has achieved record-breaking results in 2024, with its revenues soaring to AED17.3 billion ($4.7 billion) and its ebitda hitting AED4.5 billion ($1.2 billion), thus marking a growth of 48% and 69% respectively when compared to 2023.
European markets and US stock futures are trading lower, a key development largely attributed to President Donald Trump's 25% tariff plan on imported cars and light trucks. The automotive sector is at the forefront of investor concerns, said experts.
Audi Saudi Arabia has welcomed the new Audi A5 and S5 models to the region. Embodying sophisticated design, exhilarating performance, and cutting-edge technology, the Audi A5 lineup represents a bold evolution from the iconic A4 nameplate.
Enoc Group has signed a trial agreement with Roads and Transport Authority (RTA) to explore the feasibility of green hydrogen-powered mobility solutions in Dubai. Under this, ENOC will supply green hydrogen fuel to RTA's city buses.
The BMW Group is entering the financial year 2025 with a clear commitment to growth. At the end of this year, the first production model of the NEUE KLASSE, the new BMW iX3, will kick off an unprecedented ramp-up of new models.
