RAK Properties has reported net profits of AED175m during 2016, as against AED160m in the previous year, marking a 9.3% increase.
Author: Paromita Dey
In 2016, 40 new companies invested a total of $281mn in Bahrain, as a result of the efforts by the Bahrain Economic Development Board (EDB).
Oman’s Sohar Port and Freezone has reported that container traffic at the port was up 15% in 2016 compared to 2015, despite generally lower revenues
Aviation solutions provider, Rockwell Collins, has announced plans to increase its local presence in the Middle East and appointed new leadership.
FedEx Corp, once again, has been ranked among the most admired companies in the world, according to a survey published in Fortune magazine.
Etihad Rail, since commencing Stage One operations, has transported 10 million tonnes of granulated sulphur for Adnoc from sources at Shah and Habshan.
Sadara Chemical Company and SNAM have signed a cooperation agreement for a planned automobile manufacturing cluster in PlasChem Park.
Honeywell focussed on the impact of IIoT and big data on the development of Egypts oil and gas sector at the ongoing Egypt Petroleum Show.
Huawei Technologies and Deutsche Post DHL Group have signed a MoU to develop a range of supply chain solutions using IoT.
Bahri has signed a contract with Saudi Rail for transportation and shipping services from around the world as well as customs clearance support.