• DP World signs agreement for new traders market

    BOOST FOR CHINA’S BELT AND ROAD
    Global trade enabler DP World and the Zhejiang China Commodities City Group have signed an agreement to build a new ‘Traders Market’ at DP World’s flagship Jebel Ali Port and Free Zone in Dubai on a built-up area of three million sq m.

  • GAC Angola ship agency contract with POSH renewed


    Leading offshore marine services provider PACC Offshore Services Holdings (POSH) has reaffirmed its close working relationship with GAC Angola by renewing its ship agency contract for Soyo and Luanda and extending the agreement to include Cabinda.

  • UAE Space Agency signs letter of intent with Nasa


    The UAE Space Agency has signed a letter of intent with the National Aeronautics and Space Administration (Nasa), that covers cooperation in the peaceful exploration of outer space and the UAE’s recently launched astronaut programme.

  • New energy park 'to boost Dammam real estate sector'


    The development of King Salman Energy Park (Spark), one of the largest investments in Saudi Arabia's Eastern Province, is set to boost real estate market in Dammam and in the long term contribute to national GDP, said a leading property expert.

  • TUV Rheinland launches advanced CB Testing Lab in Malaysia


    TUV Rheinland, a leading independent international provider of technical services for testing, inspection, certification, has launched a new Certification Body Test Laboratory (CBTL) in Malaysia.

  • Gulf Pinnacle Logistics eyes major expansion


    Gulf Pinnacle Logistics (GPL) is looking to sign more than five new schools to its bus transportation business, adding thousands of students by the end of 2018.

  • Assa Abloy unveils BIM-enabled specification software


    Assa Abloy, a global leader in door opening solutions, has announced the launch of its smart, building information modelling (BIM)-enabled product specification tool that helps users create complete and tailored door opening solutions.

  • ABB sees 7pc orders growth from AMEA in Q2


    ABB, a Swedish-Swiss industrial corporation, said that its orders in Asia, Middle East and Africa (AMEA) grew 7 per cent (11 per cent in US dollars) with good order demand from China, India and the UAE during the second quarter of 2018.

  • Aramco in talks to buy stake in Sabic

    PRIVATE TRANSACTION
    Saudi Aramco has confirmed that it is engaged in discussions with the Saudi Public Investment Fund (PIF) to acquire a strategic interest in the Saudi Basic Industries Corporation (Sabic).

  • Dubai’s trade with China surges 6pc to $48bn in 2017

    60pc GROWTH IN RE-EXPORTS
    Dubai’s foreign trade with China grew by 6 per cent to reach as high as Dh176.4 billion ($48 billion) in 2017, compared to Dh166.35 billion in 2016, according to a statistic released by Dubai Customs.

  • Aramco, Korea partner on trade, human resources


    Saudi Aramco recently signed an agreement with the Korea Trade-Investment Promotion Agency (Kotra) to collaborate in areas of trade, investment, and human resources (HR).

  • Volvo’s XC40 achieves top ratings in 2018 Euro NCAP tests


    Volvo Cars, a leading car maker, announced that its XC40 model was recently recognised with five stars and top ratings in its 2018 Euro NCAP tests.

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Industry News

DP World signs agreement for new traders market

Global trade enabler DP World and the Zhejiang China Commodities City Group have signed an agreement to build a new ‘Traders Market’ at DP World’s flagship Jebel Ali Port and Free Zone in Dubai on a built-up area of three million sq m....


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News & Features - July 2018

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