This winter season, Dubai Harbour, one of the most impressive coastal areas designed for a marine lifestyle, will feature a variety of world-class sports and entertainment activities. After hosting the Dubai Helishow, the region’s most lively and complete marine lifestyle will host many thrilling runs as part of the Dubai 30×30 Fitness Challenge, The Middle East Adventure Show, and The Official Bud X FIFA World Cup Fan Festival ™ in the following months. Abdulla Binhabtoor, Chief Portfolio Management Officer, Shamal Holding, the owner and curator of Dubai Harbour, says, “Dubai Harbour is not only an extraordinary seafront district but its…
Author: Vibha Mehta
The country’s desire for automation solutions is driven by growth in the e-commerce industry and rising demand for industrial and retail warehouses. Acme, one of the regional pioneers in warehousing automation systems, has launched an office in Riyadh to meet the Kingdom’s growing demand. According to Navin Narayan, CEO of Acme Intralog, “Saudi Arabia is on course to augment the non-oil industrial capabilities of the Kingdom by 2030. Adopting industry 4.0 automation solutions for both factories and distribution centres are imperative to achieving Vision 2030; we are here to support Saudi companies to achieve further growth through automation and robotics.…
The Food Tech Summit, held on the margins of Gulfood Manufacturing 2022 in Dubai, featured over 100 keynote speakers from the food and beverage industries. The three-day summit covered a wide range of subjects and challenges that will define the future of food production, including food engineering advancements, future metaverse factories, developing markets, food security, circular economy systems, sustainable finance methods, and others. Marcelo Piva, Director of Sustainability at Tetra Pak Middle East and Africa, spoke on the second day of the Food Tech Summit about Saudi Arabia’s strategy and a route toward the industrial revolution and sustainability. The…
PayTabs is an award-winning payments solutions company founded by Saudi entrepreneur Abdulaziz Al Jouf. PayTabs has produced and exported a slew of game-changing solutions over the years, initially funded by Saudi Aramco’s “Waed” and then by Saudi private investment. These include mobile apps, hotel, government, education, airline, travel, transportation, and billing solutions that connect the MENA region’s multibillion-dollar corporate market chain. PayTabs has announced plans to buy a 100% share in Digital Pay in a historic move. According to the terms of the transaction, Digital Pay will serve as PayTab’s main POS terminal product, enabling and strengthening millions of e-commerce…
Metito, one of the leading global providers of water and alternative energy management systems, has been granted the contract to develop the second phase of the Fujairah Port desalination plant by Fujairah Fresh Water Production Co. Ltd. Given the port’s strategic position and advanced infrastructure, this is a crucial initiative for Fujairah, allowing firms around the area to grow their economic footprints both locally and globally. Chairman, Eng. Khamis Alnoon of Fujairah Fresh Water Productions Co. Ltd says, “Fujairah port has developed significantly to become a strategic location with world-class facilities, and it continues to improve and grow to meet…
Sultan Ahmed Bin Sulayem, Chairman and Group CEO of DP World, announced plans to invest up to $500 million to reduce CO2 emissions from its activities by roughly 700,000 tonnes over the next five years. The announcement came as Bin Sulayem delivered a video speech to participants at the UN Climate Conference (COP 27) in Sharm El-Sheikh, Egypt. He also demonstrated DP World’s dedication to sustainability by accepting the Green Shipping Challenge (GSC). The challenge, launched earlier this year by US Special Presidential Envoy for Climate Change John Kerry and Norwegian Prime MinisterJonas Gahr Støre, encourages countries, ports, companies, and…
The Dubai Integrated Economic Zones Authority (DIEZ) announced today the completion of a project to enhance the internal road network in Dubai Silicon Oasis (DSO), connecting it to the main roadways around the high-tech park. The AED 50 million extension is part of a series of ongoing development initiatives launched by DSO to satisfy the demands of its community and provide the finest supporting environment for all of its members. In partnership with the Dubai Roads and Transport Authority (RTA), the project connects DSO’s internal road network with the Dubai-Al Ain Road for roughly 2.4 kilometers. It also widens the…
DHL Express, one of the leading express and logistics providers, recently took part in the Abu Dhabi Air Expo, which is believed to be the ‘think tank’ of the Aviation & Aerospace industry – with a significant gathering and knowledge-sharing platform for some of the sector’s leading heavyweights. The high-level conference featured a lineup of industry thought leaders, C-Level speakers and panelists, as well as aviation and logistics stakeholders, who convened to discuss the future of air cargo, including latest developments, global best practices and innovations. As an ideal logistics leader, and a significant partner to the aviation industry, DHL…
AD Ports Group announced today that it had signed a deal to obtain an 80% equity stake in Dubai-based Global Feeder Shipping (GFS), a global container shipping company. The total purchase consideration for the 80% stake amounts to AED 2.9 billion (US$ 800 million), implying a 100% Enterprise Value of AED 3.7 billion (US$ 1.0 billion), with the acquisition fully funded through a new acquisition loan. This earnings and value-accretive strategic investment substantially expands AD Ports Group’s global feeder shipping footprint and adds to its long-term strategy to become one of the world’s premier short-sea and feeder shipping players. HE Falah…
Etihad Cargo, the cargo, and logistics arm of Etihad Aviation Group, in partnership with Etihad Airport Services and Abu Dhabi Airports, is preparing to launch a new state-of-the-art pharmaceutical cool chain facility. To go in operation soon, the facility will considerably expand Abu Dhabi International Airport’s (AUH) pharmaceutical handling and storage. Etihad Cargo’s customers will benefit from the carrier’s expanded International Air Transport Association (IATA), IATA Centre of Excellence for Independent Validators (CEIV), Pharma certification for pharmaceutical and life science logistics and provision of world-class, end-to-end temperature-controlled solutions for the transportation of pharmaceuticals across the carrier’s global network. Before opening…