Tuesday 16 April 2024
 
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King Abdul Aziz Port sets new record in March with 289,787 TEUs

King Abdul Aziz Port, the largest port in the kingdom with several specialized terminals and advanced facilities, has achieved record-breaking monthly throughput in 2023 and at the start of 2024.    It handled a total of 2,305,811 TEUs in 2023, up 13.1% whe

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Saudi Modon attracts $3.8bn industrial investments in 2023

Saudi Authority for Industrial Cities and Technology Zones (Modon) has announced significant progress in attracting industrial and logistical investments for 2023 which hit SAR14.45 billion ($3.85 billion).    Releasing its annual report for 2023, Modon hig

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Bahrain's GDP surges 2.4pc in 2023 on non-oil growth: Report

Bahrain’s gross domestic product (GDP) increased by 2.4% at constant prices in 2023 when compared to the previous year, according to national accounts estimates issued by the Information and eGovernment Authority (iGA).   The GDP surged to BD13.6 billion (

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Seaonics ECMC 3D Crane for Norwind Offshore Vessel

In the extension of the delivery of Seaonics' first electric gangway system to Norwind Hurricane, Norwind Offshore has placed an order for a stand-alone ECMC 7t-3D crane for newbuild 952 - Norwind Helm.   The crane is to be installed in connection with the d

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Iraq starts production of Chinese VN22 armoured vehicles

Iraq has reportedly launched the local production of what seems to be the Chinese VN22, a 6x6 Armoured Personnel Carrier, Army Recognition reported.   The VN22 showcased in the DIC video is equipped with a one-man weapon station, armed with a Norinco 12.7 mm LM5

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KBR awarded over $450m in US government contracts

KBR has announced that it has been awarded new contracts estimated at more than $450 million to deliver highly technical systems engineering support and services to the US Government.   Under the terms of these contracts, KBR will provide systems engineering, ac

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Dräger Marine and Offshore’s North Sea operation hits record

Dräger Marine & Offshore, a leading provider of marine and offshore safety systems, is celebrating a year of unprecedented financial success within its hire division.   The company says it ‘surpassed expectations’ with its record-breaking ye

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Bahrain floats tenders for vital road infrastructure projects

Bahrain's Ministry of Works has floated tenders for a series of road infrastructure development projects such as demolition work at Ghirayfah for the widening of Al Fateh Highway as well as engineering consultancy services for the development of Prince Saud Al Faisal Highway proje

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QFZ and AEMOB to foster innovation in electric vehicles tech

The Autonomous e-Mobility Forum (AEMOB) has announced a strategic collaboration with the Qatar Free Zones Authority (QFZ), marking a milestone in the journey to advance the conversation on autonomous e-mobility on a global scale.   Scheduled to convene in Doha,

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ADBWC lauds talents, innovations of female entrepreneurs

The Abu Dhabi Businesswomen Council (ADBWC), a subsidiary of the Abu Dhabi Chamber of Commerce and Industry, has acclaimed the diverse talents and skills of female entrepreneurs in various fields and sectors.   A Ramadan Suhoor event that brought together busine

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