Khalifa Industrial Zone Abu Dhabi (KIZAD), a subsidiary of AD Ports Group’s Industrial Cities & Free Zone (IC&FZ) cluster, signed an agreement with Lepidico Ltd, a global lithium exploration and development company, for establishing the first lithium production facility in the Middle East, utilising a first of its kind designed process. Covering a land area of 57,000sqm, the first phase of Lepidico’s development for the Dhs48 million (USD95 million) chemical plant will house clean-tech L-Max and LOH-Max process technologies. The process extracts lithium and recovers valuable by-products from lithium-mica and phosphate minerals. As an eco-friendly, zero-waste facility, the residue predominantly…
Author: Jochebed Menon
In collaboration with Hypermotion Dubai, Asyad Group, the Oman-based global integrated logistics solutions provider, has announced its exciting event line-up at Expo 2020 Dubai, the Asyad Global Logistics Challenge. The event includes two fast-paced competitions to harness the talent of entrepreneurs and creative thinkers to solve challenges faced by the global logistics industry. Taking from the 2nd to the 4th of November, the Asyad Global Logistics Hackathon will task data scientists to develop data-centric solutions and ideas, leveraging Asyad’s wealth of data and harnessing emerging technologies to advance the transport and logistics sectors. Assessed and evaluated by a jury panel…
A.P. Moller – Maersk signed a global end-to-end logistics agreement with Danish Crown from 2021. The three-year end-to-end agreement covers all Danish Crown’s business units, delivering solutions on ocean services, inland logistics and cold chain logistics. Access to the digital supply chain platform Tradelens, which is underpinned by blockchain technology, is also a core part of the agreement. “We are excited to be chosen as Danish Crown’s main logistics company. The food supply chain is highly demanding, but we will work hard to provide fast, reliable and dynamic supply chain solutions to Danish Crown as a modern end-to-end logistics company…
Read the full magazine here https://bit.ly/3jV8YhU The cover features Al Futtaim Logistics. Kasun Illankoon explores in detail the firm’s award-winning cold chain warehouse facilities that caters to the F&B industry. Waleed Alkhayyat, The Head of Marketing and Corporate Communications at LogiPoint discusses his role and how his department is positioning the company as a market leader in the Middle East. Other features include: CARGOES Logistics by DP World, a new digital logistics solution, providing instant online cargo booking, highly efficient movement, and advanced tracking, from origin to destination, and Amadou Diallo, CEO of DHL Global Forwarding Middle East and…
FedEx Express, a subsidiary of FedEx Corp. and the world’s largest express transportation company, is transitioning to a direct-serve presence in the Kingdom of Saudi Arabia to meet the country’s growing international shipping demands. The company will invest more than SAR1.5 billion (USD400 million) into the Saudi economy over the next 10 years through talent management and local operations and infrastructure. This investment will reaffirm the company’s commitment to the country’s non-oil economic growth, in line with Saudi Arabia’s Vision 2030 goals, and the ‘National Industrial Development and Logistics Programme’ which seeks to increase non-oil exports to more than SAR1…
Etihad Rail signed a strategic partnership with Herrenknecht, one of the oldest and largest companies specialised in tunnelling solutions, to develop new tunnel designs and construction technologies. The agreement, which took place on the sideline of Expo 2020 Dubai, was signed by Shadi Malak, CEO of Etihad Rail, and Martin Herrenknecht, Founder and Chairman of Herrenknecht. The agreement comes in line with Etihad Rail’s commitment to foster a culture of innovation and adopt the best international practices in various fields. Under this agreement, Etihad Rail will send young Emirati engineers to undergo training at the Herrenknecht Academy, at its headquarters…
The Red Sea Development Company (TRSDC) has released its Internal Control Toolkit, a guide to best practice in governance, for other organisations in Saudi Arabia to implement and benefit from, as part of its Corporate Social Responsibility (CSR) effort. The toolkit offers step-by-step guidance through the governance procedures that can be rolled out from day one of any project or business set up. It is available for download on the company website. This is the same framework that TRSDC has used and will continue to follow for the management of both The Red Sea Project and AMAALA. “Regenerative tourism is…
Ajman Free Zone released its first ‘Annual Sustainability Report’ as part of its efforts to protect the environment, advance the economy, and promote social sustainability in line with Ajman Vision 2021 and the Emirates Energy Strategy 2050. During its first-ever participation at WETEX 2021, Ajman Free Zone also introduced ‘Sustainability Awards’ for free zone companies. H.H. Sheikh Ahmed bin Humaid Al Nuaimi, The Chairman of the Board of Ajman Free Zone Authority, said that this year’s WETEX served as an opportunity for the free zone to showcase its latest solutions and innovations in keeping with Ajman’s sustainable development process. On…
The Logistics & Transport Awards 2021 took place on 28 September 2021. It was a event to recognise past triumphs and acknowledge the future strategies of logistics and supply chain companies from around the region. The awards catered to individuals and companies from a variety of sectors including transportation, cargo, and warehouses, e-commerce, supply chain, and technology.
Emirates Development Bank (EDB) signed a cooperation agreement with Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), to boost the export potential of national businesses by offering innovative financing solutions. Under the terms of the agreement, the entities will work together to also support manufacturers. The agreement was signed by Ahmed Mohamed Al Naqbi – Chief Executive Officer of EDB; and Saeed Hamad Al Dhaheri, Acting Director General of ADEX. The MoU is in line with EDB’s strategy to play a pivotal role in the country’s post-COVID recovery by supporting the country’s manufacturing…