Friday 28 March 2025
 
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Cement prices set to soar on import tariffs, carbon costs

Globally cement prices are set to rise as tariffs on imports and carbon costs start reshaping the industry, according to World Cement Association (WCA).   The WCA is the original international cement association representing the industry and its stakeholders. It

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Forbes unveils Mideast Top 40 influential money movers list

Forbes Middle East has unveiled its Top 40 Asset Managers list, spotlighting the region’s most influential leaders shaping the investment landscape.    Collectively, they managed more than $439 billion in assets in 2024, spanning local and internation

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Sustainability Forum, Danat to discuss blue carbon ecosystems

Sustainability Forum Middle East (SFME), a regional platform dedicated to driving net zero and nature positive solutions, in collaboration with Bahrain Institute for Pearls & Gemstones (Danat), will host a high-level roundtable on  on "Oceans at the Frontline: Harnessing Marine

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NMDC Energy secures $2.6bn Abu Dhabi EPC contract

NMDC Energy (formerly National Petroleum Construction Company) has announced that it has received a letter of award worth AED9.7 billion ($2.6 billion) for a key energy project in Abu Dhabi.   As per the deal, NMDC Energy will be providing the engineering, procu

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Asia trade set to stay resilient, reveals DHL report

Asia's trade outlook remains positive, mirroring global trade, which is forecast to grow faster over the next five years compared to the preceding decade, according to a new report.   In fact, a few countries in Asia – India, Vietnam, Indonesia and the

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First dual-fuel methanol vessel calls at Khalifa Port

The CMA CGM Iron made a historic call at CMA Terminals Khalifa Port on Friday (March 14), becoming the first dual-fuel methanol container vessel sailing to Abu Dhabi.    Through this milestone, AD Ports Group and the CMA CGM Group deepen their cooperation i

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S&P raises Saudi Arabia ratings to 'A+'

S&P Global Ratings has revised its long-term foreign and local currency unsolicited sovereign credit rating on Saudi Arabia to 'A+' from 'A'.    At the same time, the agency affirmed the 'A-1' short-term foreign and local currenc

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Ericsson, Ooredoo in big Qatari digital transformation drive

Global communication tech pioneer Ericsson said it has signed an agreement with Ooredoo, a leading telecom company in Qatar, in a move aimed at accelerating digital transformation for enterprises and public sector organisations in the country.   The MoU is aimed

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UAE Steel Producers Committee opens its new HQ in Abu Dhabi

The UAE Steel Producers Committee (SPC) celebrated the opening of its new headquarters in the capital, Abu Dhabi, at Aldar Building.   The inauguration ceremony was held in the presence of Juma Al Kait, Assistant Undersecretary of Foreign affairs, Ministry of Ec

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First 'Made in Bahrain' satellite Al Munther launched

In a landmark moment for the Kingdom of Bahrain, the National Space Science Agency (NSSA) today (March 15) successfully launched "Al Munther", the nation’s first domestically designed and built satellite onboard a SpaceX Falcon 9 rocket as part of the Transporter-13 mission fr

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