Thursday 23 March 2023
 
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Modon gets key EU accreditation for institutional excellence

Saudi Authority for Industrial Cities and Technology Zones (Modon) said it has secured key accreditation certificate from the European Foundation for Quality Management (EFQM) in the four-star category for its quality and institutional excellence.   The EFQM mod

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Mubadala, Ares to set up $1bn global credit investment JV

Ares Management Corporation, a global alternative investment manager headquartered in Los Angeles, has joined hands with Abu Dhabi investment group Mubadala to set up a new venture that will invest in global credit secondaries opportunities.   The joint venture,

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GMG launches four food factories in UAE

GMG, a global well-being company retailing, distributing, and manufacturing a portfolio of leading brands, has launched four new factories to produce value-added food products.    The UAE-based conglomerate also announced its global expansion plans for six

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Orion debottlenecks post-treatment unit in Germany

Orion Engineered Carbons, a global specialty chemicals company, has debottlenecked a post-treatment unit at its Cologne, Germany, plant that produces high-jetness specialty carbon blacks.   The debottlenecking enables Orion to increase production capacity and al

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Sharjah hosts meeting of reformed Sectoral Business Groups

The Sharjah Chamber of Commerce and Industry (SCCI) has organised an introductory meeting for the Sectoral Business Groups, following the reformation of five groups that operate under its umbrella.    The meeting sought to bolster communication within the e

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UAE’s MoEI wins ‘Excellence in Governance – Maritime’ award

The UAE Ministry of Energy and Infrastructure (MoEI) has won the ‘Excellence in Governance – Maritime’ award at ShipTek International Maritime Awards 2023.    This recognition emphasises the Ministry’s efforts to enhance maritime bus

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Pearl Polyurethane Systems starts major facility in Jeddah

Pearl Polyurethane (PU) Systems, the award-winning PU system house, has announced the commissioning of a major new production facility in Jeddah. This further reinforces the company’s industry-leading position as the largest supplier of polyurethane formulations in the Middle East and A

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‘Convertible Notes’ means to fast and simple financing: seminar

Fundraising for startups and new businesses using ‘Convertible Notes’ has been discussed by KPMG and Bahrain’s Economic Development Board (EDB) at a seminar.   Recently introduced as a part of the Bahrain’s Company Law Convertible Notes i

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Dubai Chamber exceeds its target of 100 business groups

Dubai Chamber of Commerce has successfully exceeded its target of setting up more than 100 business groups by March this year, when it launched 29 new business groups, bringing the current total to 105.    Commenting on this achievement, Mohammad Ali Rashed

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Abdulrahman Al-Fageeh named Sabic CEO

Sabic, a global leader in the chemicals industry, has confirmed the appointment of  Abdulrahman Al-Fageeh as Chief Executive Officer and Executive Member of the Board, effective March 21.   Al-Fageeh has served as acting CEO of Sabic since September 28, 202

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