Wednesday 29 May 2024

Al Hadeetha exports first copper concentrate from Oman

Oman’s Al Hadeetha Resources has announced the first export of copper concentrate from the sultanate.    This achievement marks a major milestone for both Oman and Al Hadeetha Resources, symbolising the beginning of a new era in the nation’s min


Dubai trade mission to boost business ties in Senegal, Morocco

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, is embarking on a trade mission to Senegal and Morocco from June 3 to 7. The African roadshow comes as part of the ‘New Horizons’ initiative, which supports the expansion of Duba


SailGP to manufacture F50 components in Abu Dhabi

SailGP, the world’s most exciting race on water, has announced a new production-based partnership with Strata Manufacturing that will see the UAE-based firm supply and manufacture key elements of SailGP’s F50 catamarans.   This new partnership betwee


EarthCam partners with WakeCap to harness IoT tech for construction

EarthCam, a leading provider of construction camera solutions, has collaborated with WakeCap, a leader in smart solutions for construction site management, in a move aimed at integrating its visual data and WakeCap’s connected worker solutions in building sites across Saudi Arabia.


Adnoc boosts local manufacturing target to $24.5bn by 2030

Adnoc has announced at the ‘Make it in the Emirates’ forum an increase in its local manufacturing target for critical industrial products in its procurement pipeline to AED90 billion ($24.5 billion) by 2030 to propel UAE’s economic diversification, strengthen the industrial


Basic Electronics breaks ground on new HVAC factory in Dammam

Saudi-based Basic Electronics Company has joined hands with leading Chinese electric appliances group Gree to break ground on its new smart factory in Dammam that will be manufacturing HVAC (heating, ventilation and air-conditioning) products.   This comes in li


Azizi signs up Gulf Duct Industries for Riviera Phase IV work

UAE-based Azizi Developments has signed an agreement with Gulf Duct Industries (GDI) for the design, supply and installation of chute systems across the fourth phase of its mega waterfront lifestyle destination, Riviera, in MBR City, Dubai.   Founded in 2006, GD


Asry seals co-operation agreement with Bahrain Polytechnic

The Arab Shipbuilding and Repair Yard Company (Asry) has signed a co-operation agreement with Bahrain Polytechnic for launching an apprenticeship programme aimed at equipping national cadres with in-demand skills for the job market by combining practical training in various mechanical and ele


DMCC signs MoU with Seoul Business Agency

Dubai Multi Commodities Centre (DMCC) has signed a Memorandum of Understanding (MoU) with the Seoul Business Agency (SBA) to promote innovation and deepen bilateral trade and business ties in the region.   SBA serves as the Seoul Metropolitan Government’s


GII, Logipoint create JV for $300m logistics platform in KSA

Gulf Islamic Investments (GII) and Logipoint, a subsidiary of SISCO, have signed an agreement to create a joint venture for a logistics platform providing Grade A warehousing solutions across in a deal worth SR1 billion ($300 million).   LogiPoint is a leading i

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