Saturday 26 October 2024
 
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Hamriyah Free Zone ranked second best free zone globally

Sharjah’s Hamriyah Free Zone Authority (HFZA) has clinched three prestigious international awards at the 11th edition of Global Free Zones of the Year awards 2024 by fDi Intelligence recognising the most promising free zones.   The accolades showcase HFZA&

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Dubai Precious Metals Conference to take place on Nov.19

The Dubai Precious Metals Conference (DPMC) will gather a spectrum of the most influential voices including business leaders, government officials and industry veterans to discuss and debate the future of the precious metals landscape.   To take place on Novembe

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Bhima Jewellers eyes $272m funding for big GCC expansion

Bhima Jewellers, one of the oldest and family-run Indian jewellers celebrating a 100-year legacy and its 10th year of operations in the UAE, has unveiled its aggressive expansion strategy for the GCC region, targeting 15 new stores across the UAE within the next three years. &nbs

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Emirates orders five more Boeing 777 freighters

Emirates has placed a firm order for five more Boeing 777 freighters to be delivered from 2025/2026.   Together with its previous orders, Emirates now has 14 Boeing 777Fs pending delivery from Boeing from now until end 2026.   In a

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RTA completes all phases of Al Khail Road project

  Roads and Transport Authority (RTA) has announced that it has completed all phases of Al Khail Road Development Project in Dubai. This includes the construction of five bridges spanning 3,300m and road widening work of over 6,820 m.   

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Al Yamamah secures L&T Saudi steel towers contract

Saudi-based Al Yamamah Steel Industries Company has announced that it has secured a contract worth SAR138 million ($36.7 million) from Indian engineering and construction conglomerate Larsen & Toubro (L&T) to supply steel towers for its power project being set up in the kingdom&#

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Rheem’s Dubai factory strengthens its regional presence

Rheem, a leading global manufacturer of innovative and energy-efficient air conditioning and water heating solutions, continues to strengthen its regional presence with the ongoing success of its packaged air conditioning (AC) factory in Dubai, UAE.    The

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SSAB, Parmaco to build first fossil-free steel concept building

SSAB, a Nordic and US-based steel company, and Parmaco, a leading designer and developer of modular buildings, have entered into a partnership deal, which will see the duo construct the world’s first concept building made of fossil-free steel in 2025.   

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Nakilat's Q3 net profit surges 7.2pc to $340m

Qatar Gas Transport Company (Nakilat), a global leader in the shipping and maritime sector, has recorded a net profit of QAR1.28 billion ($340 million), up 7.2% when compared to the same period last year, thus showcasing its ability to achieve sustained growth amidst dynamic global market con

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Oman Data Park signs cybersecurity deal with Seclore

Oman Data Park (ODP), the sultanate’s premier provider of data centers and cloud services, has announced that it has signed a MoU with Seclore, the global leader in data-centric cybersecurity solutions.    This strategic alliance is poised to address

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