Author: Vibha Mehta
Tradeling, the Middle East’s leading business-to-business (B2B) e-marketplace, has observed significant growth in the Middle East and North Africa (MENA) region’s e-commerce sector; the UAE has been an exceptionally bright spot as important investments, acquisitions, and partnerships with global companies have helped the country position its capabilities as the 27th largest in the world. Recent data shows that the UAE’s e-commerce market is projected to generate $17.2 billion in revenue by 2027 and experience an annual growth rate of 8.4% through the next four years. E-commerce sales in the UAE were estimated to grow by an average of 23% annually…
Dar Global, the premier luxury real estate developer, is proud to unveil its ground-breaking partnership with the world-renowned luxury brand Dolce & Gabbana’s debut in the hospitality and real estate industries. This pioneering partnership marks the launch of a bespoke hospitality project that seamlessly merges the unrivalled style and sophistication of Dolce & Gabbana with Dar Global’s unparalleled attention to detail and world-class standards. Located in the Maldives, one of the world’s most sought-after luxury destinations, this project is poised to redefine the essence of luxury living. It offers an unforgettable experience that epitomizes the best of both brands. …
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…
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.…