As the Cathay Pacific Group continues to make significant strides towards becoming a sustainability leader, it is pleased to announce the release of its 2022 Sustainable Development Report, which underscores the Group’s ongoing commitments and progress in achieving its sustainability goals. The ‘Greener Together’ report reflects Cathay Pacific’s belief that driving progress towards a sustainable future requires solid partnerships and collective action. Ronald Lam, Chief Executive Officer of Cathay Pacific Group, stated, “As we enter an exciting new phase of rebuilding Cathay Pacific for Hong Kong, one of our key development areas is becoming a leader in sustainability. This means…
Author: Vibha Mehta
Swisslog is set to make a big impression at LogiMAT 2023 in Stuttgart from April 25 to 27, with its latest innovations in robotic automation taking centre stage. Intralogistics specialist Swisslog will showcase flexible robotics and intelligent automation in action and demonstrate the power of its SynQ software platform and SAP EWM solutions. LogiMAT visitors will be able to discover the fully automated robotic mixed case palletizing solution, ACPaQ, which is at the heart of the drugstore chain dm-drogerie markt’s award-winning distribution centre in Wustermark, near Berlin. The solution uses high-end robotics to relieve people from heavy workloads, make material…
Today, Bahrain announced the launch of a Golden License, providing incentives and streamlined services to foreign and local businesses with large-scale investment projects in Bahrain. It is essential in the country’s pursuit to incentivise investments and boost job creation under its fiscal and economic reforms. The move builds upon the growing investment attractiveness of Bahrain, which has recently recorded its highest Real GDP growth rate in almost a decade. Companies with significant investment and strategic projects that will create more than 500 jobs in Bahrain, or those with investment value exceeding USD 50 million, will be eligible for the License.…
Facilio, the New-York headquartered prop-tech company with operations in Dubai, has rolled out a scalable, cloud-based Connected Refrigeration solution for multi-site food retailers, including groceries, convenience stores and supermarkets. Facilio’s powerful, hardware-agnostic, cloud-based supervisory platform has added capabilities around monitoring and optimising refrigeration assets, making remote monitoring of multi-site retail stores possible. It presents a sure-shot way for grocery, convenience store and supermarket operators to reduce energy and maintenance costs, service calls, and refrigerant leak rates. “In the retail industry, the front-end technology has seen incredible advances, while the back-end store operations have not evolved or changed much. There is…
Honeywell will open an advanced regional manufacturing centre at the King Salman Energy Park (SPARK) — Saudi Arabia’s new energy industrial zone. The new facility will become Honeywell’s eighth site in Saudi Arabia, reflecting the company’s strategic growth objectives in the Kingdom and its support for Aramco’s In-Kingdom Total Value Add (IKTVA) program to advance local capabilities in research, development and manufacturing of cutting-edge technology. The facility will include engineering, manufacturing and assembly lines spanning Honeywell’s industrial automation and control equipment, field instruments, rugged mobile computers, gas detection equipment, fire safety systems and building management systems hardware. Additional capacity for…
The Middle East’s largest and most established leisure marine and lifestyle marine event, the Dubai International Boat Show 2023, recently concluded after attracting over 30,000 visitors and industry players from across the globe to the Dubai Harbour for five days of demonstrations, displays, seminars, launches and workshops. The global boat-building market is expected to reach over $47 billion in 2027, at a CAGR of 7.5%, and the increasing demand for recreational boats in the Middle East and North Africa (MENA) region is a significant factor driving growth. Brands in Dubai are responding with their latest…
Saudia Dairy and Foodstuff Company (SADAFCO), a significant food manufacturer, and distributor all across the Middle East, was founded in 1976. Its leading brand ‘SAUDIA’ dominates Long Life Milk, Tomato Paste, and Ice Cream markets in Saudi Arabia. With SADAFCO as a market leader, it is critical to recognise that the success behind its remarkable performance is not just the company’s quality and branding but also its excellent logistics and supply chain operations. Dairy goods are sensitive products which require an agile supply chain facilitator through the entire value-chain, from product manufacture through fresh delivery to retailers and the end-customer.…
DP World has started developing a new edible oil terminal at the Port of Berbera in Somaliland, which will reduce supply chain costs and create vital local jobs. It has already agreed to a long-term lease for the facility. The edible oil terminal will be the latest addition to Berbera’s growing trade ecosystem, following the recent opening of the Berbera Economic Zone (BEZ), 15 km from the port along the Berbera to Wajaale road (Berbera Corridor) that connects to Addis Ababa in Ethiopia. DP World plans to transform Berbera, which sits alongside one of the world’s busiest sea routes, into…
Heralding the start of Ramadan, Al Masaood Automobiles has announced a unique campaign for car buyers in Abu Dhabi, Al Ain, and the Western Region. The campaign features attractive offers, value-added sales and aftersales support services to customers who plan to purchase selected models from global automotive brands Nissan, INFINITI and Renault, besides certified pre-owned Nissan vehicles. Aimed at enhancing the overall customer experience, the campaign also reflects Al Masaood Automobiles’ commitment to delivering quality service that meets the diverse needs of its customers. Customers visiting the showroom will be able to tailor their offers from various benefits available in…
EZDubai, the fully dedicated e-commerce zone in Dubai South, launched the third edition of its ‘E-commerce Report in the MENA region’ in collaboration with Euromonitor International, the world’s leading global business intelligence provider, market analysis and consumer insights. The report revealed that the MENA region’s total e-commerce market reached US$37 billion in 2022, with a double-digit growth rate from 2021 and a 32% CAGR over 2018 – 2022. The MENA’s double-digit growth is due to robust internet usage, a well-developed infrastructure, and supportive policies. Several trends also contributed, including the increasing popularity of digital payment platforms, the rise of online…