Utilities Construction
Saudi NWC completes $123m Riyadh sanitation project
Saudi Arabia's National Water Company (NWC) has announced that its Central Cluster has completed a SAR460-million ($123 million) ...
Latest News
Focus
The coolest battery temperature monitoring solution
Brady Corporation offers a new, more cost-efficient solution to quickly detect unstable Li-ion batteries in storage. Able to automatica ...
Industry, Logistics & Shipping
Alpha Data completes Abu Dhabi Securities Exchange listing
The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, today (March 11) welcomed the successful lis ...
Industry, Logistics & Shipping
Tecom shareholders approve $109m cash dividend for H2 2024
Tecom Group said its shareholders have approved the financial statements for FY 2024 as well as the recommendation by the board of di ...
Industry, Logistics & Shipping
UAE cabinet approves National Investment Strategy 2031
The UAE cabinet at its key meeting yesterday (March 10) approved the National Investment Strategy for the next six years under which ...
IIoT, Digitalisation
Presight unit inks $340m Adnoc AI deployment contract
Abu Dhabi-based Presight, a leading big data analytics company in the region powered by Artificial Intelligence (AI), has announced t ...
Hotel Construction
PIF launches first Saudi-owned duty-free retailer
Saudi Arabia's sovereign wealth fund PIF has announced the establishment of Al Waha Duty-Free Company (Al Waha), a travel retaile ...
Industry, Logistics & Shipping
Borouge dividend yield hits 6.7pc, offering big investor returns
Borouge’s financial results for 2024 underline the company’s resilience and profitability, with net earnings of AED4.5 bi ...
Industry, Logistics & Shipping
Alpha Dhabi-Mubadala JV hits $1bn portfolio milestone
Leading Abu Dhabi financial entities - Mubadala Investment Company and Alpha Dhabi Holding - today (March 10) announced that their jo ...
Industry, Logistics & Shipping
Norwegian oil major DNO to buy Sval Energi for $1.6bn
DNO ASA, the Norwegian oil and gas operator, today announced it has reached agreement to acquire 100 percent of the shares of rival S ...
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Gulf Air, SalamAir sign key MRO services deal
Gulf Air, the National Carrier of Bahrain, has announced a strategic partnership with SalamAir, Oman's Low-cost carrier, formalis...
JMJ Group launches Nafees Batteries in Qatar
JMJ Group Holding has inaugurated Nafees Batteries, a large-scale lead-acid battery recycling facility, setting a new benchmark for s...
EGA unveils gender-inclusive safety signage at company's plants
Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, marked International Women’s Day by u...
Petro Rabigh seals partnership with Indian group Rossari
Rabigh Refining & Petrochemical Company (Petro Rabigh), a joint venture between Saudi oil giant Aramco and Sumitomo Chemical, has...
Global battery market advancing rapidly; e-car sales up 25pc: IEA
The global battery market is advancing rapidly as demand rises sharply and prices continue to decline, according to International Ene...
Global food price index up in February on sugar, dairy prices: FAO
The benchmark for global food commodity prices rose in February, propelled by increases in sugar, dairy, and vegetable oil prices, ac...
DP World, Mawani launch new $800m terminal in Jeddah
DP World has announced that it has joined forces with Saudi Ports Authority (Mawani) for the launch of the new South Container Termin...
