Author: Kasun Illankoon

Bobcat has announced a spectacular achievement in 2018 for the company’s market-leading E10 one-tonne mini-excavator with the 10,000th unit rolling off the production line in the same year as it celebrates its 10th Anniversary. The E10, now renamed the E10z, is ideal for a variety of applications including rental, construction, demolition, refurbishment, landscaping, trenching and drainage work. A Landmark Excavator Model The launch of the E10 mini-excavator in April 2008 was a landmark moment in Bobcat’s history and in the development of the company’s compact excavator range. The E10, along with the E08, was the first excavator models designed and…

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Al Hamra, the Ras Al Khaimah-based real estate developer and investment company is celebrating several milestones for the newly expanded and upgraded Manar Mall development. The US$100m investment has seen the mall’s gross leasable area increase from 27,000m² to 55,000m2, which includes the addition of 80 new retail outlets, taking the tally to over 120 plus a further 30 F&B outlets. Benoy Kurien, Group CEO of Al Hamra, said: “We are committed to delivering the ultimate must visit, must return entertainment complex by attracting leading international brands and a diverse range of F&B outlets. Our vision has always been to…

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ZonesCorp, one of the largest developers of purpose-built economic zones in the UAE, announced a new agreement with Saudi Arabia’s Berain Water to build an AED138 million manufacturing facility, 36,000-square-metre water bottling plant in the food industry zone of Al Ain Industrial City. The food manufacturing sector in Abu Dhabi has witnessed remarkable growth over the past few years as a result of the booming domestic market and growing exports. Boasting strong logistics networks and a strategic location, the emirate has built state-of-the-art capabilities in producing competitive and value-added products, emerging as one of the most important food manufacturing and processing hubs…

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Aramex, the leading global provider of comprehensive logistics and transportation solutions, announces today its Board of Directors’ approval to sell its 60% stake in its joint venture with Australia Post, “Aramex Global Solutions (AGS)”, to Australia Post, for US $20 million. The decision to sell came as a mutually agreed transaction that will allow both organizations to independently execute their strategic growth in the booming global e-commerce industry. In 2016, Aramex and Australia Post partnered to create AGS to serve as an e-commerce delivery platform, with a particular focus on connecting the Australian e-commerce market with sellers in Asia. Aramex…

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His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Free Zones Council (DFZ Council), noted that Dubai’s free zones have made a significant contribution to the growth of non-oil trade. Free zone trade in Dubai hit AED394 billion in the first nine months of 2018, accounting for 41 percent of the emirate’s total trade during the same period and marking a growth rate of 22 percent. Imports amounted to 54.5 percent at AED215 billion, while exports and re-exports reached 45.5 percent at AED179 billion. Overall, free zones have generated 31.9 percent of Dubai’s GDP. His Highness Sheikh Ahmed…

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Saudi Airlines Cargo Company contributed to the 33rd National Festival for Heritage and Culture (Janadriyah – 33) by transporting the equipment of the inauguration ceremony that occurred on the 20th of December. Saudia Cargo shipped 60 tons of equipment, tools, screens, and cables from Châlons Vatry International Airport, France to King Khalid International Airport in Riyadh by a B747-400F Aircraft on December 8th, then the whole load was carried back to Vatry by the 24th on the same month. Saudia Cargo stated that throughout the past years, the company stands by Janadriyah festival deploying all its resources, logistic services and…

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SSAB, market leader in quenched and tempered steel and in the high strength steel with min 700mPA yield, will participate in SteelFab 2019 to exhibit its wide range of products for the heavy transport and raw material handling industries such as construction and mining.  Hardox®500Tuf for the tipper industry, Hardox® 600 with increased bendability to offer more applications to the mining industry, cement factories and quarries and Hardox® Hitemp, a unique product that can withstand high temperatures – will be on display. Unique solutions for each market segment “SSAB products have unique solutions for each market segment considering their…

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An increase in the demand for data centers is expected in the MENA region, according to the latest research from leading international construction consultancy, Linesight. The findings of a White Paper, Hyperactive Hyperscale: The next step of digital revolution, has revealed an 11% Compound Annual Growth Rate (CAGR) increase between 2016 and 2020 of the global data center market, with data storage requirements expected to grow 40% year-on-year. Ciaran McCormack, Regional Director for the Middle East, Linesight, said: “The increase in demand for data centres, particularly towards hyperscaled centers that can simultaneously process data on thousands of servers, is directly…

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Based on the long-term relationship and in response to the recent increases in demand for internal airport logistics in the Middle East & Africa region, the world market leader Goldhofer Airport Technology opened a sales and service center in collaboration with ALS Logistic Solutions in Dubai. Being well established and recognized on the local market, ALS Logistic Solutions expands partnership portfolio by strong strategic tie-up in aviation and logistics fields. Goldhofer has decided to commit additional resources to the region. In cooperation with ALS as its longstanding partner, Goldhofer is set to significantly strengthen its presence in the Middle East &…

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