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IndusInd eyes $50bn valuation in BFSI through Mideast, India buysIndusInd International Holdings (IIHL), which has a significant shareholding from the UAE residents out of the 600 globally dispersed HNWI stakeholders is looking at growing its banking and financial services (BFSI) business to a targeted valuation of $50 billion through acquisitions in India More… |
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PIF company Alat launches electrification, AI infrastructure unitsAlat, a major company of Saudi sovereign wealth fund PIF focused on transforming global industries (electronics and industrials) and creating a world-class manufacturing hub in the Kingdom of Saudi Arabia, today launched two new business units - Electrification and AI Infrastructure.& More… |
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Key industry leaders gather at Jeddah for pivotal maritime eventSaudi Arabia’s rapid rise in global maritime rankings, its enhanced capabilities and extended global trade reach are the focus at the International Port & Marine Development Conference, which opened on May 6. Amidst a flurry of infrastructural advanc More… |
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SAL solution to transform Saudi logistics landscapeSAL, Saudi Arabia's leading logistics and supply chain solutions provider, says it has a one-stop-shop solution aimed at revolutionising the logistics and supply chain industry in the kingdom. SAL’s Fulfillment Business Unit represents a comprehensive commitment to meet the g More… |
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Bahrain achieves top Global Connectedness Index rankingBahrain has achieved top rankings in the Global Connectedness Index 2024, published by logistics giant DHL, climbing seven ranks to 25th position globally. The kingdom now stands as first globally in Inward Merger & Acquisitions percentage of GDP, representing 19% of its GDP. More… |
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Record-breaking edition of ATM opens in Dubai; focus on innovationArabian Travel Market (ATM), the leading global event for the travel and tourism sector, opened its doors today (May 6) in Dubai for its 31st edition, welcoming over 2,300 exhibitors from 165 countries across the globe along with 41,000 attendees. More… |
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ONYX Hospitality showcases leisure properties at ATM DubaiONYX Hospitality Group will showcase its portfolio of luxury leisure properties at this year Arabian Travel Market (ATM) Dubai 2024, a premier global travel and tourism event taking place in Dubai from May 6-9, 2024. ONYX Hospitality Group is a ren More… |
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Sohar Aluminium in deal to channelise low carbon aluminium productionOman-based Sohar Aluminium has announced that it has collaborated with Oman Aluminium Processing Industries (OAPIL) to redefine industry standards and usher in an era of low-carbon aluminium production. The signing of the MoU signifies a pivo More… |
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Linde to supply industrial gases to world’s first mega green steel plantLinde, a leading global industrial gases and engineering company, has announced that it has signed a long-term agreement with H2 Green Steel for the supply of industrial gases to the world’s first large-scale green steel production plant. More… |
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ASRY snaps up Kuwait Oil Tanker tender for 6 giant oil tankersThe Arab Shipbuilding and Repair Yard Company (ASRY) has announced that it had recently won a regional tender launched by the Kuwait Oil Tanker Company (KOTC) to carry out docking and maintenance work for 6 giant oil tankers. Headquartered in Bahrain, th More… |
