Wednesday 30 November 2022

EAD and FAO join to revive the pearl industry in Abu Dhabi

The Environment Agency – Abu Dhabi (EAD) has partnered with the Food and Agriculture Organisation (FAO) of the United Nations in a joint effort to revive the heritage and traditions of the Emirate’s pearl industry. The ‘Abu Dhabi Pearls’ project involves sustainably fa


Daimler Truck teams up with DHL to operate new Dubai warehouse

Daimler Truck AG has announced that its regional unit, Daimler Commercial Vehicles Mena (DCV MENA) has sealed a strategic, long-term partnership with global logistics provider DHL Global Forwarding for the operations and management of its Daimler Truck Dubai Parts Centre.  &


Viking announces major contract wins in Mena region

Viking Completion Technology (Viking), a leading provider of upper completion equipment to the oil and gas industry, has announced multiple contract wins worth more than $7 million.    The projects will see Viking deliver its full portfolio of well completi


Hotdesk eyes expansion into Saudi Arabia

Hotdesk, the global on-demand workspace booking platform, that provides instant access to co-working spaces at the click of a button, plans to expand into Saudi Arabia, following an outstanding year of growth.   Set up in Dubai, Hotdesk has already built a stron


UAE’s new family business law ‘outlines roadmap for growth’

UAE’s new family business law forms part of the nation’s comprehensive efforts to outline a roadmap for the growth and prosperity of family businesses in the country.   There exists no other legislation regulating the operations of family businesses


Alba wins big at Middle East Investor Relations Awards

Aluminium Bahrain (Alba) has announced that it has won two major awards - Leading Corporate for Investor Relations (IR) in Bahrain and Best Investor Relations Professional – Bahrain - at the 2022 Middle East Investor Relations Association (MEIRA) Hybrid Annual Conference and Awards held


Middle East represents a rare ‘bright spot’ for M&A

In terms of dealmaking, the Middle East represents a rare ‘bright spot’ supported by government initiatives, strong GDP growth forecast and attractive risk-adjusted returns, said a report.   An overall increase in the LPCI from 6.2x to 6.6x, reflect


Mideast veteran Fredriksson to take over as GAC President

Global shipping, logistics and marine services provider GAC Group has appointed Pontus Fredriksson as its new Group President effective January 1, 2023.   An industry veteran, Fredriksson joined GAC in 2007 and has been the Group Vice President of its Americas r


Emerson shows Industry 4.0, technologies at MAINTCON 2022

Global software and engineering leader Emerson participates as a gold sponsor at MAINTCON 2022 to underline the significance of Industry 4.0 and emerging technological advancements in maintenance, reliability and asset management.    The conference is being


Alfa Laval wins supply order for big Neom green hydrogen plant

Neom, the developer of a $500-billion new futuristic city in Saudi Arabia, has signed up global industry leader Alfa Laval to supply compact heat exchangers for the world’s largest green hydrogen plant, being set up within its key development.    Head

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