General Motors Doubles Middle Eastern Electric Future Plans

By announcing the fourth of 13 electric vehicles planned for the Middle East by 2025, General Motors Africa and the Middle East (GM AMEO) is moving forward with its goal for an electric future in the area. The business is also showing a variety of cutting-edge technology that will completely change the way we move in the future..... Read more »

Posted on : 9/9/2022

UAE government to put long-term emphasis on 3D printing in the upcoming years

With international corporations entering the market and vying with the fresh regional service-based start-ups, 3D printing is still in its infancy in the UAE. With 250 global competitors and 80 regional firms participating in the 3D Printing market in the UAE, the sector is currently very fragmented..... Read more »

Posted on : 9/9/2022

The CEO of Emirates Steel Arkan Group is considering expansion into new markets in Asia and Africa.

Emirates Steel Arkan's CEO, Saeed Ghumran Al Remeithi, stated that the company is exploring and entering new markets in Asia and Africa to increase its global competitiveness..... Read more »

Posted on : 9/8/2022

High Oil Prices Help Saudi Aramco Earn $88B in First Half

Saudi Energy Company Aramco said its profits jumped 90% in the 2nd quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion. The increase is a bonus for the kingdom and the crown prince’s spending power as people around the world pay higher gas prices at the pump while energy companies rake in top earnings..... Read more »

Posted on : 9/8/2022

UAE Oil & Gas Giant Hands out Five 'Largest-Of-Its-Kind' Drilling Deals

UAE’s giant Abu Dhabi National Oil Company (ADNOC) has awarded framework agreements described as “largest-of-its-kind” totalling $1.83 billion (AED 6.72 billion) for drilling-related services to five firms..... Read more »

Posted on : 9/8/2022

A medical devices plant worth Rs 37 crore will open in Dubai.

The US-based pharmaceutical technology business Gabri Labs has revealed plans to build a 10,000 square foot facility to manufacture medical devices close to home..... Read more »

Posted on : 9/7/2022

Oman Assesses Potential for Wind Projects in Dhofar, Al Wusta

Oman is conducting feasibility studies to assess the potential for setting up wind parks in coastal areas of the Dhofar and Al Wusta governorates..... Read more »

Posted on : 9/7/2022

ALEC Energy, Stantec Sign MoU to Meet UAE's 2050 Energy Goals

The two companies will jointly work on projects to establish best practices in buildings design, systems, and services while also offering solutions to Net Zero as applicable to individual undertakings.... Read more »

Posted on : 9/7/2022

DP World inks two new development projects with agricultural commodity processors.

The Food and Beverage (F&B) cluster and capabilities within Jebel Ali in Dubai have been strengthened as a result of DP World UAE's signing of two new development projects with international agricultural commodity processors..... Read more »

Posted on : 9/5/2022

Dubai Solar Site Still Aiming For 5 GW By 2030

The Dubai Electricity and Water Authority (DEWA) has issued an update indicating that the Mohammed bin Rashid Al Maktoum Solar Park is still targeting 5 GW of generation capacity within this decade..... Read more »

Posted on : 8/29/2022