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Saudi PIF sets up firm to develop cruise sectorSaudi Arabia's Public Investment Fund (PIF) has launched “Cruise Saudi” company, which aims to establish and develop the cruise industry in the Kingdom. The company will enhance the kingdom' More… |
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FL Technics acquires Italian firmFL Technics, a global provider of aircraft maintenance, repair and overhaul (MRO) services, has announced the acquisition of Italy-based Flash Line Maintenance, as part of plans to strengthen its position in Europe. The company pr More… |
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Grandweld to build four fast support vessel for Saudi firmGrandweld Shipyards, a leading UAE-based ship repair and conversion facility, has secured a contract to build four 41-m fast support vessel (FSIV) for Saudi-based offshore oil and gas service provider, High Seas Marine Industrial Services (HSM). More… |
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Inovest acquires stake in Kuwait manufacturing firmBahrain-based Inovest, a shariah compliant investment firm, has announced that it has acquired a substantial stake in a leading composite industrial manufacturing company based in Kuwait. The company is currently one of the only specialised More… |
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Inovest acquires stake in Kuwait manufacturing firmBahrain-based Inovest, a shariah compliant investment firm, has announced that it has acquired a substantial stake in a leading composite industrial manufacturing company based in Kuwait. The company is currently one of the only specialised More… |
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Wärtsila unit sells strategic stake to UK firmFinland-based Wärtsilä, a leading technology group, has announced the divestment of shares in Wärtsilä ELAC Nautik (ELAC Nautik) to Cohort, a UK-listed company, specialising in defence, security and related market sectors. More… |
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Wärtsila unit sells strategic stake to UK firmFinland-based Wärtsilä, a leading technology group, has announced the divestment of shares in Wärtsilä ELAC Nautik (ELAC Nautik) to Cohort, a UK-listed company, specialising in defence, security and related market sectors. More… |
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New robotic firm targets logistics sector in DubaiIQ Robotics, an artificial intelligence-driven fully robotic business that’s spearheading the digital transformation of the logistics sector, has been launched in Dubai, UAE. The brainchild of Fadi Amoudi, IQ Robotics marked More… |
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Harris Pye UAE to supply boilers to Egypt firmHarris Pye Engineering Group UAE, a global service provider supplying the offshore, marine and industrial sectors, recently signed a contract with Egyptian joint stock company, Canal Sugar. As per the terms of the agreement, Harri More… |
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Harris Pye UAE to supply boilers to Egypt firmHarris Pye Engineering Group UAE, a global service provider supplying the offshore, marine and industrial sectors, recently signed a contract with Egyptian joint stock company, Canal Sugar. As per the terms of the agreement, Harri More… |
