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Saudi Arabia ports throughput volume 2022

Saudi ports see increase in throughput volumes in past eight months

General cargo volumes were up 8.93 per cent to reach 5,722,622 tonnes, with dry bulk cargo hitting 32,723,465 tonnes, reflecting a 7.16 per cent increase

Kezad Group

AD Ports launches KEZAD Group to streamline services for strategic industries

The launch of KEZAD Group opens new opportunities to scale up adjacent businesses such as KEZAD Communities, which provides integrated solutions for staff residential communities

ARIA invests in four plants in Sharjah's Hamriya free Zone

ARIA Commodities to invest Dhs154m in projects in Sharjah’s Hamriyah Free Zone

ARIA Commodities has launched four projects in HFZA, including a bitumen plant, multipurpose refinery, storage terminal and tire recycling plant

Teledyne FLIR gives travelers a safe crossing

Teledyne FLIR installs AID camera technology at 1915 Çanakkale Bridge in Turkey

The camera can reliably detect collisions, stopped vehicles, wrong-way drivers and pedestrians in challenging lighting and weather conditions

UAE ranks 10 among nations in global indicators

UAE ranks among top 10 countries in 432 global indicators: FCSC

The country excels in several essential areas, including education, environment, climate change, security and safety, cybersecurity, infrastructure, flexibility of regulations and governance

Saudi Arabia's $1.12 billion in development financing

Islamic Development Bank approves $1.12bn in development financing for nine member countries

The bank approved a $1.79m grant for projects in key sectors such as food security, health, transport, energy, urban development, education, water and sanitation

ADNEC rebrands and unveils new coporate identity

Abu Dhabi National Exhibitions Company unveils new corporate identity

The new corporate identity reflects ADNEC Group’s refreshed vision and mission, as it seeks to expand both in business terms and geographically

Qatar’s Ashghal awards contract for country’s first sewage treatment PPP project

The Al Wakrah and Al Wukair STW project, valued at QAR5.4bn, is in line with Qatar’s 2030 Vision to streamline water consumption and the use of unconventional water resources

RTA completes 55 per cent of construction at Falcon Interchange/ pic: Dubai Media Office

Dubai’s RTA completes 55% of construction on Falcon Interchange project

Al Shindagha Corridor Project is one of the biggest projects currently undertaken by RTA, and has been split into seven phases

MBRAH Suppliers Complex Dubai South

Mohammed Bin Rashid Aerospace Hub’s Suppliers Complex nears completion

The facility aims to host SMEs and startups by offering solutions that are designed for multipurpose activities

Etihad Rail new wagons fleet being offloaded

Etihad Rail welcomes first batches of high-tech locomotives

The new fleet was designed specifically to withstand the geographic, climate conditions, and the high temperatures and humidity levels common in the GCC

Agility posts Q2 2022 profit

Agility reports KD16.1m net profit for Q2 2022, revenue grows 23.4% to KD138.4m

Agility reported H1 2022 earnings of 11.41 fils per share on a net profit of KD28.8m while revenue increased 22.9 per cent to KD270.5m

Abu Dhabi Ports announces Q2 results

UAE’s AD Ports Group sees net profit rise 59% YoY to Dhs300m in Q2 2022

The 22.32 per cent stake in Aramex, which was transferred to AD Ports Group in January 2022, contributed Dhs12m to EBITDA and net profit in Q2

King Abdulaziz Port in Dammam breaks container throughput record in June

Saudi Arabia’s SISCO reports 8.7% growth in Q2 revenue to SAR213.2m

The company reported that H1 2022 revenues, excluding accounting construction revenues, were 17.8 per cent behind H1 2021 on the back of weaker Q1 results

Dubai to host BuildingSMART International’s first branch in the MEA region

Dubai to host BuildingSMART International’s first branch in MEA region

The move underscores Dubai’s regional and international leadership in digital transformation and innovation in the construction and infrastructure sector

RTA completes 75% of Sheikh Rashid bin Saeed Corridor Improvement Project

Sheikh Rashid bin Saeed Corridor Improvement Project is 75% complete: RTA

The Sheikh Rashid bin Saeed Corridor Improvement Project is one of the biggest undertaken by Dubai’s RTA

Veolia_Totalenergies sign agreement

Veolia, TotalEnergies to build largest solar PV system for desalination plant in Oman

This 17-megawatt peak solar project will be the first-of-its kind to be installed in the region

Adnoc loistics and services acquires Zakher Marine

Abu Dhabi’s ADNOC L&S acquires Zakher Marine International

The acquisition strengthens ADNOC L&S’ position as region’s largest shipping and integrated logistics company, growing its total fleet to more than 300 vessels

Bahrain joins Industrial Partnership for Sustainable Economic Development in Cairo

Bahrain joins Industrial Partnership for Sustainable Economic Development

The partnership aims to establish large joint industrial projects, create job opportunities and contribute to increasing economic output between the partner countries

AlUla-Low-Carbon-Tram project announced

Plans for new tram system in AlUla announced

The tram is expected to boost AlUla’s development as a tourist hotspot and modern living destination and will complement the existing autonomous pods shuttle service

UAE Israel credit agencies to support healthcare project in Ghana

UAE, Israel export credit agencies to support Dhs540m healthcare project in Ghana

Etihad Credit Insurance and the Israel Export Insurance Corp will back the construction of four hospitals and a medical storage facility in Ghana

Sheikh Mohammed announces opening of Expo City Dubai in October 2022

The new city will feature offices, leisure and sports facilities, food and entertainment venues and a mall

Duque free zone launches in Dubai

DUQE free zone launches operations from Dubai’s QE 2 hotel

DUQE has allied with PCFC to offer full integrated support to entrepreneurs to help them set up and expand their business

D/Quarters launched by TECOM

Tecom’s D/Quarters introduces next-gen workspace solutions to Dubai

As a collaborative community, D/Quarters will accommodate freelancers, entrepreneurs, SMEs and multinational corporations

Sheikh-Khalifa

Sheikh Khalifa: UAE spent Dhs40bn in development projects under former President’s rule

Sheikh Khalifa became President of the UAE on November 3, 2004, and remained in that role until his death on May 13, 2022

AD Ports

AD Ports, Red Sea Ports Authority sign agreement for projects in Egypt

The agreement includes AD Ports as part of a consortium that will develop, operate and manage a multi-purpose terminal in Safaga Port

DEWA plant

DEWA nears completion of SWRO plant in Jebel Ali

The Dhs897m SWRO desalination plant has a production capacity of 40 million imperial gallons per day of desalinated water

Dubai Airports closure

Dubai Airports announces capacity shift to DWC during runway closure

Dubai World Central will re-open its guest experience and service touch points to ensure a smooth transition for passengers during the DXB’s runway closure

Emirates Steel Arkan

Emirates Steel Arkan attributes Dhs220m in savings to innovation

Emirates Steel Arkan Group said employees suggested production improvements and innovations that contributed to these savings 

UAE’s NMDC records net profit of Dhs65.4m in Q1 2022

The EPC and marine dredging group reported first quarter revenue of Dhs1,552m, an increase of 33 per cent over the same period in 2021