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Joby begins work on first Dubai VertiportJoby Aviation, a company developing electric air taxis for commercial passenger service, has announced that construction has begun on the first vertiport in its planned Dubai air taxi network. Situated at Dubai International Airport (DXB), the vertiport is bei More… |
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Alba nine-month profits jump 55.8% to $392mAluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has reported a profit of BD54.5 million ($145 million) for the third quarter of 2024, up by 215% year-over-year (YoY), versus a profit of BD17.3 million ($46 million) for the same period in 2023. More… |
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Lockheed Martin to showcase cutting-edge air power solutions at BIASLockheed Martin will participate in the Bahrain International Airshow 2024, which opens tomorrow (November 13), showcasing its latest defence innovations and reaffirming its commitment to strengthening regional security partnerships. As a long-time suppo More… |
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IFZA marks launch of BVMW’s representative office in DubaiIFZA, Dubai’s most dynamic free zone community, has officially opened Der Mittelstand BVMW e V (BVMW) representative office in Dubai, marking a major step in strengthening UAE-German business relations. IFZA has worked with the BVMW on many events More… |
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UAE's diamond trade to hit $40bn in 2024, says top officialThe UAE ranks third globally in the diamond trade after India and the United States, with a share of more than 15% of total international trade in this sector, reported Wam citing a top government official. Diamonds account for a large share of the UA More… |
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EGA extends CelestiAL-R supply deal with BMW GroupEmirates Global Aluminium, the largest ‘premium aluminium’ producer in the world, today announced the extension of its CelestiAL-R supply agreement with the BMW Group for the upcoming years. CelestiAL-R is the world’s first blend of aluminium More… |
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Almarai signs up SIG as strategic partner for 5-year expansion planAlmarai, the Middle East’s leading dairy and food company, has selected leading Swiss packaging systems group SIG as a strategic partner for its five-year expansion plan aimed at strengthening market leadership and driving sustainable innovation. Announc More… |
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Safeen, Damen win Guinness record for 'most powerful e-tugboat'Abu Dhabi-based Safeen Group, part of AD Ports Group’s Maritime & Shipping Cluster, has announced that it has achieved a Guinness World Records title for the Most Powerful Electric Tugboat, built in collaboration with Damen Shipyards Group. The More… |
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Adnoc unit awards $4.4bn LNG supertanker contractsAbu Dhabi National Oil Company (Adnoc) has announced that its logistics unit has signed contracts worth $4.4 billion with a number of international companies to boost its owned and chartered fleet of shipping services to meet growing global demand. Adnoc Logis More… |
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Abu Dhabi Ship Building seals OSI Maritime partnership dealAbu Dhabi Ship Building, an Edge Group entity, said it has partnered with OSI Maritime Systems, a key provider of integrated navigation and tactical solutions, to build competitive vessels and equip its fleet as per today’s maritime landscape demands. Th More… |
