Thursday 19 September 2024
 
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MGX, Microsoft, BlackRock seal new AI partnership deal

Leading global investment players - BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX - have joined forces to launch a new AI partnership, mainly aimed at investing in new and expanded data centres to meet the growing demand for computing power.  

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DP World ranked among best workplaces for GCC millennials

DP World has been recognised as one of the Best Workplaces for Millennials in the GCC by Great Place to Work.   The recognition, driven by positive feedback from millennial employees who constitute 55% of DP World GCC's workforce, highlights the company'

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Hefring Marine partners with UAE’s BluePass to expand in region

Hefring Marine, a global leader in marine technology and vessel intelligence systems, has partnered with UAE-based Blue Pass to expand its footprint within the Arabian Gulf region. Also known as NeoNautica, Blue Pass is a prominent, government backed organisation.  

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Bahri CEO exhorts SMLC to ‘dream big and achieve bigger’

The opening of Saudi Maritime & Logistics Congress (SMLC) saw Bahri CEO Eng Ahmed Alsubaey exhorting participants to ‘dream big and achieve bigger’.   Addressing a packed audience on day 1 of the two-day conference and exhibition which takes plac

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Tamkeen reports capture job potential in four key sectors

Four new skills reports released on September 18 by The Labour Fund ‘Tamkeen’ revealed promising opportunities for Bahrainis in key economic sectors such as healthcare, transport and logistics, retail and construction as well as real estate. The skills reports provide valua

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SSAB to supply Meka Pro Oy fossil-free steel from 2026

SSAB has signed an agreement with Meka Pro Oy to supply Meka from 2026 small batches of steel produced virtually without carbon dioxide emissions.    The volumes will increase annually as SSAB’s fossil-free production capacity grows. By using fossil-f

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SABIC sells Alba shares to Ma’aden

SABIC, a Saudi-based global diversified chemicals company, has signed an agreement with Saudi Arabian Mining Company (Ma'aden) for the sale of its 20.62% shareholding in Aluminum Bahrain (Alba).    The sales proceeds are expected to be within a range of

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Sharjah Museums Authority launches suppliers’ forum

The Sharjah Museums Authority has launched the "Suppliers Forum: Entrepreneurs' Projects Exhibition" to foster innovation, competitiveness, and strategic partnerships to support Emirati entrepreneurs.   This is the Authority’s first-ever coll

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Bureau Veritas expands its presence in KSA

Bureau Veritas, a global leader in testing, inspection and certification, has announced the launch of a new state-of-the-art Metals and Minerals laboratory in Jeddah and the opening of a new office in Al Khobar.    These strategic expansions represent a sig

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Gabriel Semelas to lead Airbus in Africa and Middle East

Airbus has named Gabriel Semelas as President of Airbus in Africa and the Middle East, effective from 1st January 2025.   Semelas brings more than 24 years of experience in the aeronautical industry, having held key senior executive roles. He returns to Airbus f

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