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Bayanat, Yahsat shareholders to vote on merger on April 25Shareholders of Bayanat, a leading AI-powered geospatial solutions provider, and Al Yah Satellite Communications Company (Yahsat) will vote on the proposed merger of the two entities on April 25. For this the two firms will hold their General Assembly Meetings More… |
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Al Ojaimi Industrial launches JV with REPL in RiyadhAl Ojaimi Industrial Group, a pioneer in the electrical manufacturing sector, has entered into a new joint venture with REPL International, the REPL Industry Company factory in Riyadh, a report said. This strategic initiative, it said, is set to enhance the Kingdom of Saudi Arabia' More… |
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UAE-Oman railway project will help cut carbon emissionsA top official of Hafeet Rail company has affirmed that the UAE-Oman railway project will serve multiple sectors in both countries and contribute to the development of new sectors previously non-existent due to the difficulty of transporting goods, a report said. Hafeet Rail Deputy CEO More… |
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Saudi industrial zone sees big jump in local food companiesThe Saudi Authority for Industrial Cities and Technology Zones (Modon) has said the number of food factories operating in its cities around the kingdom has increased to about 1,300, reported SPA. This is a major boost to the kingdom's "Food I More… |
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$3bn UAE-Oman rail project enters implementation phaseThe railway project between the Sultanate of Oman and the UAE has now entered into the implementation phase, said Ahmed Al Musawa Al Hashemi, a top official of Oman and Etihad Rail Company (which has been now rebranded as Hafeet Rail). A joint venture be More… |
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Hitachi plans $1.5bn investment to boost transformer productionHitachi Energy, a global technology leader, has announced plans to invest an additional $1.5 billion to ramp up its global transformer manufacturing capacity by 2027 to keep pace with the growing demand and support the long-term plans and electrification efforts. More… |
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Alba achieves milestone at PS5 with Mitsubishi's turbine First FireAluminium Bahrain (Alba), one of the world's largest aluminium smelters, has announced a significant milestone towards the commercial operation of its Power Station 5 (PS 5) Block 4 Project with the First Fire of the Mitsubishi Power M701JAC Gas Turbine (GT) achieved today (April 23). More… |
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Krohne fuels industrial decarbonisation with top solutionsKrohne is driving industrial decarbonisation efforts with its innovative suite of process instrumentation, water and energy management solutions. The company's technology and commitment to sustainability partnerships position it as a leader in the gl More… |
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AD Ports locks 20-year deal to operate, upgrade Luanda PortAD Ports Group has signed deals with Unicargas and Multiparques leading to securing a 20-year concession with the Luanda Port Authority for the operation and upgrade of the Luanda multipurpose port terminal in Angola. AD Ports Group has More… |
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UAE, Oman enter $35bn investment dealsThe UAE and Oman have announced multiple agreements worth AED129 billion ($35.12 billion) with investments spanning renewable energy, green metals, railway connectivity, digital infrastructure and technology. The agreements were signed a the UAE-Oman Business More… |
