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Modon, Elsewedy to launch new industrial zone in EgyptModon Holding, an Abu Dhabi-based holding company, and Elsewedy Industrial Development, one of Egypt’s leading integrated industrial and logistics cities developers, have signed a letter of intent (LOI) to build and operate a new industrial zone servicing the Ras El Hekma city megaproje More… |
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Jafza expands logistics park with strategic investmentJebel Ali Free Zone (Jafza) is strengthening its position with a strategic investment of AED90 million ($25 million) in Phase Two of its cutting-edge Logistics Park. Adding 360,000 square feet of Grade-A facilities, the expansion aligns with the UAE’s pu More… |
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Innovation, collaboration key to sustainable growth: Sabic CEOSabic, a global leader in diversified chemicals, today (Martch 27) reaffirmed its advocacy for sustainable growth through innovation and collaboration at the Boao Forum for Asia (BFA)’s Annual Conference 2025 in China. Marking its sixth consecutive More… |
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Zebra, Merck collaborate to create safety, traceability solutionsZebra Technologies Corporation, a global leader in digitising and automating frontline workflows, and Merck, a leading science and technology company, have announced a new collaboration aimed at co-creating solutions to address challenges around product verification, authenticity, and trust.& More… |
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thyssenkrupp Uhde lands big India chemical plant contractthyssenkrupp Uhde, a global leader in chemical technology solutions, has been awarded a contract by Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) for the construction of a third Weak Nitric Acid (WNA-III) plant at Bharuch, Gujarat in India. T More… |
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AD Ports, Oylz in deal to set up petchem facility in Khalifa PortAD Ports, a leading facilitator of global trade, logistics, and industry, has announced the signing of a 50- year agreement with Oylz Terminals, a UAE based oil supply and distribution provider to develop a world-class clean petroleum storage facility in Khalifa Port. More… |
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Arab Energy Fund reports record income of $10.9bn in assetsThe Arab Energy Fund, a leading financial institution in the MENA energy sector, has reported its highest-ever net income for the fiscal year ending December 31, 2024. Total assets grew by 10.5% YoY to reach $10.9 billion. The fund's net income More… |
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Masdar acquires 234MW photovoltaic solar project in SpainMasdar, Abu Dhabi's future energy company, has invested in Spain's largest solar PV project, Valle Solar, through its subsidiary Saeta. The project, initially promoted by Genia Solar Energy and Solar Ventures, is the next step in Masdar's expansion in Spain and driving growth in t More… |
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Saudi Mawani boost trade links with new Jeddah-Port Sudan routeThe Saudi Ports Authority (Mawani) has annnounced that it has added Jeddah-Port Sudan Express (JPS) service by CULines at Jeddah Islamic Port, utilizing vessels with a capacity of 450 TEU. This strategic move aligns with Mawani's objective of forging robus More… |
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R&M launches integrated infrastructure solutions for data centresR&M, a leading Swiss developer and provider of high-end infrastructure solutions for data and communications networks, has joined forces with German cooling system manufacturer Stulz for integrated infrastructure solutions for enterprise, edge and colocation data centers. &nb More… |