Saudi Arabian Military Industries has announced that one of its key units SAMI Navantia Naval Industries has launched the Naval Systems Integration and Development Center of Excellence (NSID) at the company...

AD Ports Group has signed a purchase agreement with Inveco to acquire 60% ownership in the Tbilisi Dry Port a new custom-bonded and rail-connected intermodal logistics hub in Georgia. The development offers...

SSAB has launched the world s first emission-free steel powder for commercial deliveries made of recycled SSAB Zero steel. The product will create opportunities for customers to 3D-print their unique designs...

Emirates Global Aluminium the largest premium aluminium producer in the world on Thursday announced the signing of a binding sale and purchase agreement for the acquisition of German aluminium recycling...

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...

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...

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...

Bahrain s sovereign wealth fund Mumtalakat has taken full ownership of McLaren Group after the completion of a capital reorganisation process first announced in December last year. A leading UK supercar...

Air cargo demand and rates from Middle East & South Asia (MESA) origin points has surged five weeks on from the Lunar New Year (LNY) dip in early February according to the latest weekly figures from WorldACD...

Leading Geo-data specialist Fugro has announced the arrival of its Blue Shadow class uncrewed surface vessel (USV) in the Middle East. Crafted for precise hydrographic mapping and bathymetry surveys the...

The pressure on mining companies to find sustainable solutions meet financial stability goals and reduce environmental impacts is greater than ever before. Working towards a greener future long-term energy...

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....

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...

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...