Thursday 29 September 2022

Mawani signs $240m port infrastructure development deals

The Saudi Ports Authority (Mawani) has signed seven contracts and MoUs worth over SR900 million ($240 million) with both partners from the public and private sectors at the ongoing Saudi Maritime Congress being held in Dammam under the patronage of Prince Ahmed bin Fahd bin Salman, Deputy Gov


International Maritime Industries seals Bahri Logistics deal

International Maritime Industries (IMI), the largest shipyard in the Mena region, has signed a long-term agreement with Bahri Logistics, one of Bahri’s business units, to enhance its supply chain through state-of-the-art warehousing and logistics services.  


etisalat by e& launches upgraded internet services for UAE

Etisalat UAE, branded as etisalat by e&, has launched internet services called ‘Digital Internet’ and ‘Digital Premium Internet’ aimed at addressing the dynamic requirements of the business community.   Digital Internet and Digital Pr


Alba must go beyond what has been achieved: Chairman

"To grow further, we must do something beyond of what we have already mastered" - that was the message of Aluminium Bahrain (Alba) Chairman Shaikh Daij Bin Salman Bin Daij Al Khalifa at a Board of Directors’ meeting of the company.   Alba, one of


OQ advances trend towards flexible packaging

OQ, the fast-growing and multifaceted Oman-based integrated energy company, continues to make progress towards product optimisation and innovation as it caters to the growing demand for flexible packaging solutions.   Several factors are behind the shift in tren


ADQ, OIA identify $8bn investment opportunities in Oman

ADQ, an Abu Dhabi-based investment and holding company, and Oman Investment Authority (OIA) have identified preliminary investment opportunities worth over AED30 billion ($8.17 billion) in new projects within Oman.   ADQ and OIA officials discussed areas of join


Vectra AI to showcase `attack-signal intelligence’ at GITEX 2022

Vectra AI, a leader in AI-driven threat detection and response for hybrid and multi-cloud enterprises, today announced its participation at GITEX Global 2022 in Dubai, where it will show attendees how they can reduce alert fatigue for security teams and mount a more effective defense of their


ADQ and ITHCA to set up $161m venture capital fund

ADQ, an Abu Dhabi-based investment and holding firm, and Oman Information, Communication and Technology Group (ITHCA) have signed a deal to set up a AED592 million ($161 million) venture capital fund to invest in Oman.   ADQ and and Om


DMCC looks to grow $23bn UAE-US trade corridor

DMCC , a flagship free zone and Government of Dubai Authority on commodities trade and enterprise, has  concluded 'Made For Trade Live' events in Miami and New York as it seeks to attract more companies from the United States to the United Arab Emirates.   


30 shortlisted foodtech start-ups vie for $2m prize

A selection of 30 innovative agritech and foodtech start-ups from around the world, working to address food security challenges, were today named as shortlisted teams vying to win the global FoodTech Challenge that has a pooled prize of $2 million.     

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