BEEAH-MASDAR PARTNERSHIP
A first of its kind waste to energy facility in the Middle East developed by leading sustainability pioneer Beeah and Abu Dhabi's renewable energy company Masdar, has opened in Sharjah. It will enable Sharjah to increase waste diversion from 76% to 100%.

Al Seer Marine (ASM), a global player across multiple marine sectors and a subsidiary of Abu Dhabi-based International Holding Company (IHC), has acquired two new vessels to meet rapidly growing demand for transportation of liquified petroleum gas.

FIRST IN UAE
Aramex, a leading global provider of comprehensive logistics and transportation solutions, has announced that it has obtained the necessary approvals to increase its foreign ownership limit (FOL) to 100% from 49%.

The UAE has invested more than $40 billion in clean energy over the last 15 years, and has plans to invest an additional $160 billion in clean and renewable energy sources over the next three decades, said a senior minister at WEF in Davos, Switzerland.

Economic cooperation in Menap (Middle East, North Africa and Pakistan) has become a strategic imperative for prosperity and socioeconomic development, says a report.

UAE – Abu Dhabi and Dubai – is also set to spend $1.3 billion through 2022 on port expansions to strengthen the country’s position as a global hub for trade and logistics, says a Whiteshield report.

THREE MAJORS IN JV
ACWA Power, OQ, Oman’s leading integrated energy group, and Air Products have signed a joint development agreement (JDA) for a multi-billion-dollar green hydrogen-based ammonia production facility powered by renewable energy in Oman.

Emirates Global Aluminium and the American University of Sharjah’s (AUS) College of Engineering will team up on a AED1.6 million ($0.44 million) project to research the re-use of food waste to enrich soils made from bauxite residue.

The development of ‘circular’ polymers with recycled plastic content, investing in advanced recycling facilities as well as sustainability initiatives show progress by the GCC polymer industry towards the circular economy.

The Dubai Chamber of Commerce has set up Steel Manufacturers Business Group, which aims to unify the voices of iron and steel companies, address common challenges and boost the sector’s competitiveness.

Brazil is an important strategic market for Edge Group, one of the world’s leading advanced technology groups for defence and beyond, said Faisal Al Bannai, Chairman of the Board of Directors of Edge.

Air Products, a world leader in industrial gases, has launched Female Engineers & Technical Associates (FETA), a unique programme to enable the progression and career development of female talent in Saudi Arabia.