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Ericsson, Ooredoo in big Qatari digital transformation drive

Global communication tech pioneer Ericsson said it has signed an agreement with Ooredoo a leading telecom company in Qatar in a move aimed at accelerating digital transformation for enterprises and public...

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Sanad achieves $1.34bn revenue for 2024, up 40%

Sanad the global aerospace engineering and leasing solutions leader wholly owned by Abu Dhabi s sovereign investor Mubadala Investment Company (Mubadala) has announced exceptional financial results for...

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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 sustainable industrial development and circular economy solutions in Qatar....

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UAE's nine-month real GDP in 2024 grew by 3.8%, says report

The UAE s real GDP posted a significant growth of 3.8% during the first nine months of 2024 compared to the same period in 2023 reaching AED1.322 trillion ( 359 billion) according to data released by Ministry...

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Tetra Pak kicks off deal to digitalise Al Rabie factory

Tetra Pak a world-leading food processing and packaging solutions company today kicked off a significant project with Al Rabie a leading Saudi player in juices nectar still drinks (JNSD) and dairy food...

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Asia accounts for 62.7% of MNCs drawn to Dubai in 2024

Dubai International Chamber one of the three chambers operating under Dubai Chambers has revealed that 62.7% of the multinational companies (MNCs) it attracted to Dubai in 2024 originated from Asia underlining...

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Space42 expands satellite connectivity with Thuraya One Smartphone

Thuraya the satellite mobility arm of Space42 has introduced Thuraya One an Android 14 smartphone with built-in satellite capabilities that can connect users beyond cellular coverage during the Mobile...

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EDGE unit eyes Regent Craft JV for e-seaglider production in UAE

Strategic Development Fund (SDF) an Abu Dhabi-based investment company wholly owned by EDGE Group one of the world s leading advanced technology and defence groups today (February 26) announced that it...

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DP World posts record revenue of $20bn

DP World a global logisitics and shipping leader reported a record revenue growth of 9.7% to 20 billion in 2024 and adjusted EBITDA of 5.5 billion an increase of 6.7% with an adjusted EBITDA margin of...

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Saudi Arabia seeks bids for mineral exploration licences

Saudi Arabia s Ministry of Industry and Mineral Resources has opened pre-qualification applications for the ninth round of exploration license competitions covering three mineralized belts spanning 24...

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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 unveiling new safety signage at its facilities in Jebel Ali and Al Taweelah with...

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Airbus looking to set up A400M components plant in UAE

Airbus is looking to pursue the manufacturing of significant A400M aircraft components in the UAE reported Emirates News Agency (Wam) citing its top official. Airbus plans to establish comprehensive maintenance...

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US data security company Seclore opens Saudi HQ

Seclore a leading provider of data-centric security solutions has announced the opening of its headquarters in Riyadh in line with its commitment to meeting the growing demands of the digital transformation...

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Borouge and Borealis merger to create $60bn polyolefins leader

UAE s Adnoc and Austria s OMV have announced merger of their shareholdings in Borouge and Borealis AG to create Borouge Group International a AED220-billion ( 60 billion) global integrated chemicals powerhouse...

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Metito Utilities in deal to deploy SAP cloud enterprise solutions

Global software major SAP said Metito Utilities a global investor developer and operator of sustainable water management solutions has selected its AI-powered cloud enterprise solutions - Grow with SAP...

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Bisconni to set up $30m factory in Kezad

Khalifa Economic Zones Abu Dhabi (Kezad Group) the largest operator of integrated and purpose-built economic zones and Bisconni Middle East Manufacturing have signed a 50-year land lease agreement for...

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