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Geodis completes transport of three floating wind foundationsGeodis, a global eader in transport and logistics sector, has announced that it has successfully completed a major operation in partnership with Eiffage Metal for the transport and float-off of three floating substructures of 2,500 tonnes in Fos-sur-Mer (France). More… |
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Mawani breaks ground on 17-km Jeddah Port logistics corridorSaudi Ports Authority (Mawani) has laid the foundation stone for a logistics corridor connecting Jeddah Islamic Port to the Al Khumrah Logistics Park. It stretches 17km long and includes two lanes in each direction. For the key project, a total of 12 bridges w More… |
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Ocean Infinity delivers surveillance vessel to Kuwait Coast GuardUS-based advanced technology and marine robotics company Ocean Infinity said it has successfully launched its innovative NeedleFish Uncrewed Surface Vessel (USV) at an official event with the Kuwaiti Coast Guard (KCG). Initiated to be a component of its new na More… |
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Major acquires prime plot at mega RAK commercial developmentUAE-based Major Developers has entered into a deal with Marjan, the master developer of freehold properties in Ras Al Khaimah, to acquire a prime plot of land at its mega commercial development - RAK Central. As per the agreement, Major will be developing a mi More… |
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Ericsson opens new regional headquarters in RiyadhEricsson, a leading Swedish multinational networking and telecommunications company, has announced the opening of its new regional headquarters in Saudi capital Riyadh. The new headquarters reflects Ericsson’s strong commitment to the kingdom and the str More… |
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DHL, Meydan Free Zone announce strategic logistics partnershipDHL Express UAE and Meydan Free Zone have entered into a strategic partnership to enhance global logistics capabilities for businesses operating in the UAE. Through this partnership, businesses registered in the free Zone will gain access to DHL’s More… |
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HD Hyundai merges key entities to set up $6.2bn construction powerhouseIn a major move, South Korean conglomerate HD Hyundai has merged its construction entities - HD Hyundai Construction Equipment and HD Hyundai Infracore - to form a new entity, HD Construction Equipment, with a consolidated revenue of KRW 8 trillion ($6.15 billion). More… |
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AI at the heart of Vision 2030: Redefining sectoral growthIn the Middle East, AI is not merely enabling national visions — it is becoming one. From reengineering traditional industries to crafting new economic blueprints, AI is now shaping how nations think, compete, and evolve, according to Sahil Dhawan, Head – India, Middle East, and Afr More… |
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AI at the heart of Vision 2030: Redefining sectoral growthIn the Middle East, AI is not merely enabling national visions — it is becoming one. From reengineering traditional industries to crafting new economic blueprints, AI is now shaping how nations think, compete, and evolve, according to Sahil Dhawan, Head – India, Middle East, and Afr More… |
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DNO gets approval for $600m bonds listing on Oslo bourseNorwegian oil and gas operator DNO has announced that the country's financial supervisory authority has approved the prospectus prepared in connection with the listing of its $600 million bonds on Oslo Stock Exchange. Following the nod from t More… |
