Regional News
November 2019

Saudi Arabian General Investment Authority (Sagia) announced the signing and exchange of 23 investment agreements at the Future Investment Initiative in Riyadh, last month. Totaling more than $15 billion in value, these agreements were exchanged by signatories in a dedicated ceremony held at the Ritz-Carlton hotel in Riyadh.






November 2019

Logipoint, a leading logistics business and the largest bonded and re-export zone in Saudi Arabia, has signed a long-term agreement with Aramex, a leading global provider of comprehensive logistics and transportation solutions, for the construction of “Build-to-Suit” facilities for Aramex’s western province ground operations.






November 2019

ACWA Power, a global leader in water desalination and power generation, announced signing a Memorandum of Understanding with the Bangladesh Power Development Board (BPDB) for a LNG-based power plant and terminal in Bangladesh.






November 2019

For the fifth consecutive year, APM Terminals, the operator of Bahrain’s Khalifa bin Salman Port (KBSP), has joined forces with international port operators to participate in the global initiative ‘Go Green’.






November 2019

SIG Combibloc Obeikan (SIG CBOB) and Pioneer Foods, one of the largest South African producers and distributors of branded food and beverage products, have launched the first combismile carton pack in the Middle East and Africa (MEA) region.






November 2019

India-based Texol Lubritech, a joint venture of Gandhar Oil Refinery India, has officially inaugurated its first overseas manufacturing unit in the Hamriyah Free Zone Authority at Sharjah, making its first expansion move outside the country.






November 2019

Emirates RDF, a joint venture between UAE-based contractors Besix and TG Eco Holding and Finland-based Griffin Refineries, has broken ground on a major waste-to-energy treatment plant in the northern emirate of Umm Al Quwain.






November 2019

ALRA Foods, the fifth-largest dairy company in the world, opened its state-of-the-art facility in Bahrain with an initial production of 20 million kg. The company announced plans to invest an additional €50 million ($55.54 million) in the next three years to increase production at the facility.






November 2019

Dubai recently launched the World Logistics Passport, and Customs World, a subsidiary of the Ports, Customs and Free Zone Corporation (PCFC), aimed to expand the role of leading initiatives and raising awareness among businesses.






November 2019

Dubai-based global operator of shipping terminals DP World inaugurated its Kigali Logistics Platform in the presence of President of the Republic of Rwanda Paul Kagame and DP World chairman and CEO Sultan Ahmed Bin Sulayem.






November 2019

Ricoh Middle East FZE, the Middle East division of Ricoh Europe PLC, opened its new office for business recently in Dubai Silicon Oasis.






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