Wednesday 21 February 2024

Plus VC, Tawaref tie up to reduce time to market for firms

Plus VC, a leading venture capital firm, has signed a Memorandum of Understanding (MoU) with Tawaref, a tech investment community, to accelerate the incorporation process of portfolio companies under its umbrella in KSA.   +VC understands the increasing need for


NMDC unveils energy, dredging projects expertise at Cairo expo

NMDC Group, a global leader in engineering, procurement, construction, and marine dredging, is showcasing its expertise in both energy and dredging projects, including its significant contribution to the duplication of Suez Canal, a vital facilitator of global maritime trade, at the ongoing E


BSBG unveils design for Phase Two of DMCC Uptown project

Brewer Smith Brewer Group (BSBG), a renowned global architecture group, has unveiled the designs for two new towers as part of Phase Two of Uptown project being developed in collaboration with Dubai Multi Commodities Centre (DMCC).   The BSBG +studio d


Arcapita, Rikaz to build top-class logistics park in Riyadh

Arcapita Group Holdings Limited, the global alternative asset manager based in Bahrd , has announced a strategic collaboration with Rikaz, a prominent large-scale real estate developer in Saudi Arabia, for the development of a top-class logistics park - The Node - in capital Riyadh, which is


Noor Oil allies with BEEAH to recycle used cooking oil

Noor Oil, one of IFCCO’s flagship brands, is joining forces with the BEEAH Group to recycle used cooking oil to bio-diesel, an alternative bio-fuel, a practice that extends far beyond mere waste management.   The organisation’s strategy involves a co


thyssenkrupp, RWE sign green electricity deal for DR plant

thyssenkrupp Steel and RWE have signed a long-term Power Purchase Agreement (PPA) to supply green electricity to the first direct reduction (DR) plant at the Duisburg location with electrically powered melters.    The contract, with a term of 10 years, prov


Almarai showcases its growing role in achieving food security

Almarai is showcasing a diverse range of its food and beverage products besides its accumulated expertise spanning over 45 years in food manufacturing and production processes at its pavilion at Gulfood from February 19 to 23.   Almarai  is emphasising its


Rakez shows dynamic business solutions for F&B at Gulfood

Ras Al Khaimah Economic Zone (Rakez) is showing global investors complete business solutions for establishing and growing their presence in the UAE's flourishing food and beverage industry at Gulfood.   The country’s F&B sector is experiencing a si


Italian multinational Mapei buys top Saudi waterproofing company

Mapei Group, a leading Italian multinational manufacturer of chemical products for use in the building industry, has announced the successful acquisition of Bitumat, a leading manufacturer of waterproofing solutions in the Kingdom of Saudi Arabia (KSA).   


Global developer Mered opens HQ in Dubai Internet City

Mered, an international real estate developer, has announced the opening of its new HQ in the heart of Dubai Internet City. It boasts a design concept by Pininfarina that blends the natural world with the sophistication of the Italian architecture and craftsmanship. &nb

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