Mawani boosts Saudi-European service with Levante ExpressThe Saudi Ports Authority (Mawani) launched this week the Levante Express service at Jeddah port to strengthen connectivity to ports across both northern and southern Europe. It is being run by Mediterranean Shipping Company (MSC). Mawani said its ongoing deve More… |
MEA fit-out costs resilient; marginal 3pc growth seen: JLLWhile average fit-out costs across global markets have risen significantly year-on-year amid ongoing cost challenges and a complex macroeconomic environment, the construction sector in the Middle East and Africa (MEA) has distinguished itself with its continued resilience, marking an average More… |
Geberit celebrates 150 years of innovation and sustainabilityGeberit, the European leader in sanitary products and systems, commemorated a significant milestone as it celebrated its 150th anniversary, a testament to its enduring legacy of innovation and pivotal role in shaping the landscape of sanitary technology globally More… |
Dubai Chamber gears up to lead Southeast Asia trade missionDubai International Chamber will lead a delegation of local companies to Indonesia and Vietnam as part of the ‘New Horizons’ initiative from May 5 to 10. As part of its preparations, the chamber hosted a special briefing session for members of the More… |
DMCC reports 20% jump in South Korean membersDubai Multi Commodities Centre (DMCC) has announced that there has been a 20% increase in companies from South Korea seeking membership at DMCC in the year to date. The announcement comes following a successful visit to the capital, Seoul, as part of DMC More… |
Brookfield buys controlling stake in GII logistics platformBrookfield Asset Management today (May 2) announced that it has reached an agreement with Gulf Islamic Investments (GII), a leading Shari’ah-compliant global alternative investment company, to acquire a controlling stake in its logistics real estate platform. More… |
Rakez showcases advantages at Jaipur business eventRas Al Khaimah Economic Zone (Rakez) has showcased the strategic advantages of investing in Ras Al Khaimah during a recent business event in Jaipur, India. Experts from Rakez, accompanied by representatives from various entities in Ras Al Khaimah, partic More… |
Oman Air Cargo partners with RTS to boost digital capabilitiesOman Air Cargo has signed a deal with Revenue Technology Services (RTS) for the implementation of a comprehensive suite of digital solutions to automate key revenue and pricing processes in the airline’s cargo operational systems. The partnership w More… |
ADQ plans $2.5bn bond issue on London Stock ExchangeAbu Dhabi Developmental Holding Company (ADQ), an Abu Dhabi-based investment and holding company, announced its inaugural $2.5 billion bond issuance on the London Stock Exchange (LSE) as part of a significant step in diversifying its funding sources and supporting its strategic growth agenda. More… |
KSA’s largest F&B manufacturing event gets under wayOver 500 global players from 35 countries are participating in the three-day SaudiFood Manufacturing show, which was opened on April 30 by Eng Majed Al-Argoubi, CEO of the Saudi Authority for Industrial Cities and Technology Zones (MODON). Opening the Food For More… |