As a result of the government push, the growth prospects of the Saudi logistics industry look promising over the next five years
Cranes
RAKEZ inks MOU with Israel’s MAI to boost industrial cooperation
RAKEZ is a powerhouse business and industrial hub in the UAE that uniquely offers customisable solutions to free zone and non-free zone businesses
Metso bags $43 mn order for lithium calcining and roasting equipment in Australia
Metso’s scope of delivery includes selected material handling and gas cleaning equipment
Schneider and H2-Enterprises join hands for clean hydrogen solutions for buildings in the Middle East and Africa region
The collaboration aims to leverage Schneider Electric’s expertise in energy management and H2-Enterprises’ innovative technology in clean hydrogen
Bahrain awards 12 tenders worth $98mn on infrastructure projects
These tenders are part of the ministry’s plans to develop the infrastructure to keep up with investment activities and urban development
Dubai announces major AED 80 billion sewerage system plan
New sewerage system will help deliver the Dubai Clean Energy Strategy 2050,
UAE and Qatar reopen embassies, restore diplomatic relations
The UAE, Saudi Arabia, Bahrain and Egypt ended a boycott against Qatar in January 2021
Four Raimondi MRT111s for world-class development in Sharjah, UAE
Raimondi is a leading manufacturer of scalable heavy lifting solutions
ACWA Power will invest $1.5 bn in wind and battery storage project in Kazakhstan
ACWA Power’s proposed investment of $1.5 billion is largest Saudi investment in Kazakhstan’s power sector to date
Oman announces three massive new mega projects
The new Oman megaprojects will be located at Dhofar, Musandam, and South Al Batinah