Daimler Truck AG and the Volvo Group have completed the transaction to form the previously announced fuel-cell joint venture. They have agreed to rename the company cellcentric GmbH & Co. KG, a statement said.

Low carbon oil will play a central role in the energy transition, said Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (Adnoc).

Geodis, a leading global logistics provider, has established an employee mentor programme as part of its drive towards diversity. The company has set a 25 per cent female leadership goal by 2023 as the world marks International Women’s Day this week.

Bahrain Mumtalakat Holding Company, the sovereign wealth fund of the kingdom, has announced that it is exploring opportunities for investment and other potential joint venture development projects with Israel in several key sectors.

Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (Dewa), has inaugurated the newly expanded regional HQ of VMware Middle East, highlighting the role of digital technologies in developing innovative services in the UAE and the ent

Doosan Bobcat, a world leader in the manufacture of compact construction machines, has appointed Jan Moravec, as the general manager for its Portable Power division covering Europe, the Middle East and Africa based at its office in the Czech Republic.

IBM has announced that Fahad Alanazi has joined IBM as General Manager of IBM Saudi Arabia.

Techno Plastic Industry, the first manufacturer of PPR pipes and fittings in the Sultanate of Oman has won the Ministry’s Shield for Industrial Excellence 2020 In Environment, Safety and Community Service.

UAE-based Tabreed and International Finance Corporation (IFC), a member of World Bank Group, are set to establish a district energy investment platform in Singapore that will invest in district cooling, trigeneration and cooling as a service offering.

Air cargo demand returned to pre-Covid levels (January 2019) for the first time since the onset of the crisis, the International Air Transport Association’s (IATA) January 2021 data for global air cargo markets shows.

Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has commenced development of a 40-megawatt (MW) class gas turbine that is fuelled by 100% ammonia (NH3).

The United Nations Conference on Trade and Development (UNCTAD) has rated Oman’s ports as No. 1 in the world in terms of speed of container handling, as per the UNCTAD annual index 2020.