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Mira Aerospace, VEDA Aeronautics offer HAPS solutions to India

UAE-based Mira Aerospace a joint venture between Bayanat and UAVOS to develop and manufacture high altitude pseudo satellites (HAPS) and VEDA Aeronautics an Indian aerospace and defence company involved...

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Dubai Chamber helps two firms enter global EV market

Dubai International Chamber has supported the international expansion of two Dubai-based businesses which will launch innovative electric vehicles (EVs) in new markets. The chamber played a pivotal role...

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Bahrain national products exports hit $892m in February

Bahrain s exports of products of national origin increased by 17% to BD336 million ( 892 million) in February 2024 compared to BD287 million for the same month in 2023. The top 10 countries accounted for...

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Sony Group to take Esports World Cup appeal to next level

The Esports World Cup Foundation (EWCF) and Sony Group Corporation (Sony) have signed a multi-year partnership agreement to collaborate on initiatives for the Esports World Cup. The collaboration leverages...

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Suhar Industrial City inks investment pacts worth $6.23m

Suhar Industrial City part of Oman s Public Establishment for Industrial Estates (Madayn) has signed 3 investment deals worth OMR2.4 million ( 6.23 million) for projects specialising in plastic products...

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Valmet to supply tissue line to Crown Paper Mill plant in Saudi Arabia

Crown Paper Mill has decided to invest in a second Valmet s Advantage DCT tissue line including an extensive automation package flow control valves and Industrial Internet solutions for its new mill in...

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FedEx’s women powering the logistics sector

FedEx has been working for decades to empower women in what is perceived to be a male-dominated sector and to advance their careers through training and mentorship. At FedEx women are making a difference...

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Australian, Asian firms account for 50pc of MNCs coming to Dubai in 2023

Dubai International Chamber has revealed that 50% of the Multinational Corporations (MNCs) it successfully attracted to Dubai during 2023 are based in Asia and Australia. The growing number of major international...

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Hype Luxury adds 500 super luxury cars to fleet in Dubai

Hype Luxury a premier provider of luxury transportation services has announced the addition of over 500 new top-of-the-line super luxury vehicles worth AED24 milllion ( 6.54 million) to its fleet in Dubai....

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Teren Tan promoted to Head of Emergency Services at Serco

Serco has announced the promotion of Teren Tan to Head of Emergency Services for the Middle East a newly created leadership role. This appointment comes as Serco continues to expand its emergency services...

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Big demand for mining licences in Saudi Arabia, says report

There has been a notable increase in the demand for mining licences across Saudi Arabia following the implementation of a new investment law in 2021 reported SPA citing the Ministry of Industry and Mineral...

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LG makes Air Solution product MULTI V 5 at its KSA factory

Global technology and electronics brand LG Electronics recently passed its cutting-edge Variable Refrigerant Flow (VRF) production technology to its LG-Shaker factory in Riyadh Saudi Arabia. This marks...

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Dubai Chamber issues 5,492 ATA Carnets worth $1.36bn in 2023

Dubai Chamber of Commerce issued a total of 5 492 ATA Carnets for goods and commodities worth AED5 billion ( 1.36 billion) in 2023 denoting a remarkable year-over-year growth of 47% in value. This record...

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Saudi F&B group Almarai launch five-year investment strategy

Almarai a leading Saudi food company has announced its investment strategy for the next five years 2024-2028 to strengthen its leading position as the largest vertically integrated dairy company in the...

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Madayn unveils 'Explore' to showcase investment prospects

Oman s Public Establishment for Industrial Estates (Madayn) has launched its geographic information system (Explore) to provide an attractive investment environment and promote project localisation across...

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