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GFH Partners names Nabeel Kanoo to company boardGFH Partners, a subsidiary of Bahrain-based GFH Financial Group, has announced the appointment of Nabeel Kanoo to its Board of Directors with immediate effect. Kanoo brings more than three decades of diverse business experience to the Board. He is curren More… |
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GE Vernova, Sonelgaz to boost Algerian grid infrastructureGE Vernova's Grid Solutions business, a leader in advanced grid technologies, and Sonelgaz, Algeria's national electricity and gas company, are expanding existing capabilities at GE Algeria Turbines (GEAT) for the deployment of grid solutions. GE More… |
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Global economic growth set to slow to 2.6pc in 2024: UNCTADUN Trade and Development (UNCTAD) forecasts global economic growth to slow to 2.6% in 2024, just above the 2.5% threshold commonly associated with a recession. This marks the third consecutive year of growth below the pre-pandemic rate, which averaged 3.2% bet More… |
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Abu Dhabi summit sets out roadmap to future fuels economyAbu Dhabi Future Energy Company (Masdar) has hailed the conclusion of a highly successful Green Hydrogen Summit focused on accelerating the development of the global green hydrogen economy and supporting the energy transition. Under the theme, Building the Hyd More… |
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RAK to showcase business set-up solutions at German eventRas Al Khaimah Economic Zone (Rakez) is set to participate in Hannover Messe, one of the world’s largest manufacturing industry trade fairs, taking place from April 22-26, 2024, in Germany. The participation, Rakez said, underscored its strategic focus on the German market and th More… |
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AD Ports Group signs deal with Adnoc DistributionAD Ports Group, the leading facilitator of global trade, logistics, and industry, has announced that its Ports Cluster is expanding its business remit to the global distribution of marine lubricants. The announcement came following a strategic agreement inked More… |
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Saudi Arabia’s mineral wealth to top $2.5trnSaudi Arabia's abundant mineral wealth, estimated at SR9.4 trillion ($2.5 trillion), presents a crucial opportunity to expand non-oil revenue streams alongside the oil and petrochemical industries. To accelerate exploration and development, the kingdom has More… |
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Sabic, partners launch first electrically heated cracking furnaceSabic, BASF and Linde have launched the world's first experimental plant for large-scale cracking furnaces operated by electric heating, following three years of development, engineering, and construction. The experimental plant is now prepared for regular operation at BASF’s Verbun More… |
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Ace Industrial Supply unveils bold expansion plansAce Industrial Supply, a leader in wholesale industrial tools distribution, has announced a significant expansion in its product line and a renewed commitment to community engagement. With a history spanning over four decades, Ace has consistently delive More… |
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WFES closes with expert insights into emobility, smart citiesPotential blueprints for future-proofed policies and solutions relating to emobility and smart cities were explored on the closing day of the 16th World Future Energy Summit. Hosted by Masdar the event was attended by thousands of sustainability, energy, trans More… |
