Two of the leading GCC telecom companies - Zain Group and Omantel - have announced a key initiative that seeks to standardise glasses-free 3D technologies build ecosystem capabilities and incubate innovative...

The General Administration of Abu Dhabi Customs has completed the Virtual Corridors Cargo Movement System in Abu Dhabi to facilitate the movement of duty-suspended goods. This is achieved by establishing...

The Saudi Ports Authority (Mawani) has issued a package of new licences and permits aimed at enhancing the efficiency and quality of services provided in the ports. These licences encompass various activities...

AD Ports Group has signed an MoU with the Chittagong Port Authority to explore the future development and operation of the Multi-Purpose Port in Chittagong Port and other ancillary opportunities in Bangladesh....

The 2024 China-Arab Entrepreneurs Summit started on May 15 in Abu Dhabi bringing together over 200 delegates from the business sectors of China and Arab countries a report said. The summit which is jointly...

As part of its expansion investment strategy Almarai has signed agreements with five leading global poultry companies worth over SR500 million ( 136 million) to expand poultry production and increase the...

Al Ghurair Foods a leading food processing company in the UAE has held the groundbreaking ceremony for its first broiler farm in Abu Dhabi s Khalifa Economic Zones Abu Dhabi (Kezad). Scheduled to be operational...

Saudi Venture Capital Company (SVC) a subsidiary of the Small and Medium Enterprises Bank (SME) has announced a significant SAR112.5 million ( 31 million) investment in a private equity fund managed by...

Air cargo demand from Asia Pacific origin points partially rebounded in week 19 from the dip in tonnages around Labour Day holidays and Japan s Golden Week in the first few days of May. Tonnages from some...

Dubai International Chamber achieved a growth of 48% in the number of multinational companies (MNCs) and small and medium enterprises (SMEs) it attracted to the emirate in the first quarter which increased...

FedEx Express has showcased its suite of smart logistics solutions for e-commerce businesses at Seamless Middle East 2024 from May 14 to 16 at Dubai World Trade Centre. Visitors to the FedEx booth H1-A24...

The Investment Promotion Agency Qatar (Invest Qatar) and Boeing have signed a memorandum of understanding (MoU) to establish a permanent legal entity Boeing Aerospace Doha in Qatar. The new Boeing hub...

DP World has opened three major new sites in Romania providing a significant boost to the country s growing status as a key hub of European trade and enabling economic growth throughout the region. The...

Member firms of Dubai Chamber of Commerce effected exports and re-exports in the first quarter (Q1) worth AED73.5 billion ( 20 billion) representing a year-over-year (YoY) growth of 4.5%. During the period...

Qatar Free Zones Authority (QFZ) and FedEx Logistics have signed a Memorandum of Understanding (MoU) to set up a regional logistics facility in Qatar s free zones. The facility which will operate under...

EDGE one of the world s leading advanced technology and defence groups has signed a 27 million agreement for supply of an ammunition production line to PT Pindad an Indonesian state-owned enterprise and...