Regional News
June 2022

The UAE is launching a new industrial era based on advanced technology, employing resources and capabilities, strengthening international and regional partnerships, and pushing efforts to build an advanced and competitive Middle Eastern industrial fortress, through the signing of the “Industrial partnership for Sustainable Economic Growth&rdq






June 2022

The UAE government and the World Economic Forum (WEF) (Davos 2022) signed a sustainable global strategic partnership deal that ushers in a new era of continuous, fruitful bilateral cooperation over the coming two decades.






June 2022

Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, and GE Gas Power have signed an agreement to upgrade four existing GE 9F gas turbines at EGA’s Al Taweelah power plant.






June 2022

The Gulf Petrochemicals and Chemicals Association (GPCA) has welcomed the EU’s announcement to adopt a strategic partnership with the Gulf Cooperation Council and its member states in the areas of energy security and trade.






June 2022

Aluminium Bahrain (Alba), the world’s largest aluminium smelter ex-China, has awarded a full turnkey contract for a fourth additional block at its Power Station 5 to a consortium of Sepco III and Mitsubishi Power, a power solution brand of Mitsubishi Heavy Industries (MHI). Alba said on completion, the Block 4 will add 680.






June 2022

The value of Bahrain’s exports of national origin increased by 62 per cent reaching BD478 million ($1.26 billion) during April 2022, compared to BD295 million for the same month of the previous year, said the Information & eGovernment Authority (iGA) in its foreign trade report for the month.






June 2022

Lucid Group, setting new standards with the longest-range, fastest-charging electric car on the market, has set the stage for the construction of its AMP-2, a world-class production factory in Saudi Arabia with the hosting of a ceremonial signing event.






June 2022

Google drove about SR12.2 billion ($3.25 billion) in economic activity in Saudi Arabia in 2021, with the Android Developer ecosystem supporting at least 29,000 jobs in the kingdom every year.






June 2022

The Sharjah Waste to Energy plant, which will divert 300,000 tonnes of waste from landfills yearly while producing 30 megawatts of low-carbon electricity, has been inaugurated.






June 2022

Gulftainer, the largest privately owned, independent port management and logistics company globally, has accomplished a record-breaking operational feat by handling 4,000 steel pipes within four hours, the company said.






June 2022

Bahrain’s Labour Fund (Tamkeen) has signed a new strategic cooperation agreement with the American Industrial Acquisition Corporation (AIAC), a global organisation specialised in company turnaround, mergers and acquisitions, private equity, and improving non-performing enterprises as well as enterprises that are performing below their full po






June 2022

DHL Global Forwarding, the leading international freight specialist division of Deutsche Post DHL Group, presented new features and updates to its unique digital customer platform myDHLi at this year’s myDHLi Digital Summit.






June 2022

Bain & Company names Boshnak as new Partner Bain & Company, a global consultancy, has announced the appointment of Saudi national Ahmed Boshnak as its new Partner and Office Head of Bain in the Kingdom of Saudi Arabia (KSA).






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