With two vessels already in its fleet operation, Folk Maritime is looking to expand its service coverage and acquire vessels under Saudi Arabia flag Folk Maritime Services Company, a PIF company and one of the region’s leading feeder and short-sea services provider, has signed a strategic memorandum of understanding with Bahri Ship Management, a business unit of Bahri, The National Shipping Company of Saudi Arabia and a global leader in logistics and shipping, to strengthen its fleet’s capabilities. The agreement was signed by Poul Hestbaek, Chief Executive Officer of Folk Maritime and Eng. Khalid Alhammad, President of Bahri Ship Management,…
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U by Emaar expands to Bahrain with Address Beach Resort Bahrain and Vida Beach Resort Marassi-Al-Bahrain U by Emaar, Emaar Properties’ prestigious loyalty programme, proudly announces its expansion to Bahrain, introducing two exquisite beachfront properties to its esteemed members. With the inclusion of Address Beach Resort Bahrain and Vida Beach Resort Marassi-Al-Bahrain, U by Emaar members can now indulge in unparalleled luxury and lifestyle experiences while earning and redeeming Upoints, the programme’s currency. Address Beach Resort Bahrain, a beachfront hotel with direct shopping access at Marassi Galleria Mall, sets a new standard for luxury stays in Bahrain. Meanwhile, Vida Beach Resort…
Unique Properties has successfully sold over 300 units in Dubai South, reinforcing its position as a trusted partner in real estate investment Dubai South, located at the edge of Al Maktoum International Airport, neighbouring Jebel Ali and Expo City, Dubai South is emerging as one of the most exciting new districts in the UAE. Bringing into reality a trailblazing vision laid out by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the previously untapped potential of this key area is paving the way for a better future for residents and investors by unlocking a progressive approach to tomorrow. Driving the…
The project by Jafza and Eaton will create approximately 700 jobs including highly skilled research, engineering, and advanced manufacturing positions Jebel Ali Free Zone (Jafza) and Eaton, a global intelligent power management company, today signed an agreement to build a new sustainable campus, bringing together Eaton’s Dubai-based commercial, manufacturing, and support functions while providing capacity for growth in the future. The project will extend Eaton’s research, engineering, and manufacturing capacity and aims to significantly boost Dubai’s capabilities in the advanced manufacturing of electrical and electronic components that are required to deliver safe and efficient power for several industries including data…
Riyadh Air debuted the iconic lifestyle collection which fuses high fashion with aviation elegance Riyadh Air, Saudi Arabia’s new world-class airline and fully owned by the Public Investment Fund (PIF), in collaboration with the Saudi fashion designer Ashi, founder of Parisian couture house ASHI Studio, has unveiled its first-ever fashion collection, during Haute Couture Week in Paris. The airline took to the runway in style showcasing its stunning new lifestyle collection for its frontline team members in the fashion capital of the world. The exclusive fashion line is made up of dozens of male and female looks, of which 15 were…
Cathay Pacific continues to invest in developing new products and enhancing services In the 2024 Skytrax World Airline Awards, Cathay Pacific has been awarded the fifth World’s Best Airline, up three places from last year, and the World’s Best Economy Class Airline. The carrier was also named World’s Cleanest Airline. These distinctions follow Cathay Pacific being named the third best premium airline in the world in AirlineRatings’ rankings last month, up six places from last year. Cathay Group Chief Executive Officer Ronald Lam said: “We feel extremely encouraged to have moved from last year’s top 10 to this year’s top…
United Motors & Heavy Equipment will provide a fleet of state-of-the-art MAN trucks United Motors & Heavy Equipment (UMHE) and Emirates Flight Catering (EKFC), a leader in the aviation catering industry, are pleased to announce the official signing of a deal focused on enhancing operational efficiency within the demanding aviation sector. Mahmood Ameen, CEO of Emirates Flight Catering, and Khalifa Al Ketbi, Managing Director of United Motors & Heavy Equipment, formally signed the deal. EKFC Strengthens Operations with Cutting-Edge Fleet Under the terms of the partnership, UMHE will provide EKFC with a fleet of cutting-edge MAN trucks, renowned for their…
SINGAUTO aims to create the world’s largest commercial EV industrial district in the UAE In a move set to redefine the future of commercial vehicles, SINGAUTO, the Singapore-based innovator, today unveiled its global brand at the iconic Yas Marina Circuit in Abu Dhabi. With an ambitious vision to be a world-leading, new energy, intelligent, complete logistics solutions provider, the company launched its inaugural masterpiece: world’s first one-step new energy intelligent refrigerated vehicle. During the launch, the business presented its latest innovative model which integrates autonomous driving capabilities and advanced cold chain logistics technology, featuring an AI-powered digital platform, multi-temperature control,…
Hernan Saenz, Global Head of Performance Improvement Practice at Bain & Company, unveils insights on new strategic frameworks designed to assist global executives in transforming their supply chains to meet current challenges and opportunities Saenz highlights the need for CEOs to navigate complex trade-offs between economics, resilience, sustainability, and customer responsiveness within their supply chains. This is particularly relevant in today’s economic and geopolitical landscape, where innovative and flexible supply chain strategies are crucial for maintaining competitive advantage. “The evolving global environment challenges businesses to rethink their supply chain strategies fundamentally,” said Hernan Saenz. “Our clients in the Middle East…
Etihad Cargo’s hub in Abu Dhabi acts as a vital connection between the East and the West Etihad Cargo, the cargo and logistics arm of Etihad Airways, is expanding its freighter network with a new route to Madrid. Starting 15 July 2024, Etihad Cargo will operate two weekly Boeing 777 freighter flights between Abu Dhabi and Madrid, adding over 200 tonnes of cargo capacity for Europe. The launch of a twice-weekly freighter service between Abu Dhabi and Madrid will increase the total number of flights to Spain to 25 per week. Etihad Cargo provides belly capacity via 10 passenger flights…