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Australian, Asian firms account for 50pc of MNCs coming to Dubai in 2023

Dubai International Chamber has revealed that 50% of the Multinational Corporations (MNCs) it successfully attracted to Dubai during 2023 are based in Asia and Australia. The growing number of major international...

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OJO Group, Elevate Investments launch premier caviar brand

OJO Group of Companies a powerhouse that boasts a robust portfolio of businesses operating across key industries in the GCC and Elevate Investments a leader in strategic management and investments has...

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UAE-US non-oil trade surges to $31.4bn in 2023, says report

The volume of non-oil trade between UAE and the United States hit 31.4 billion in 2023 and is expected to continue growing at the same pace this year reported Wam citing a top US official. The exports...

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Global Rail to bring 15,000 decision-makers to Abu Dhabi

Global Rail will bring to Abu Dhabi more than 15 000 senior decision-makers thought leaders 1 000 delegates and over 300 exhibiting companies from more than 40 countries from October 8 to 10. Under the...

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Swisslog to focus ‘human side of automation’ at LogiMAT 2024

Swisslog a global leader in innovative robotic data-driven solutions will present at LogiMAT 2024 its broad expertise in solutions and services to support all areas of the logistics sector from manufacturing...

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MoU signed to explore building commercial trucks in KSA

Saudi Diesel Equipment Company (SDEC) Perfect Arabia Factory for Metal Industries (PAF) an allied business of Bahwan International Group and Daewoo Trucks have signed an MoU to explore building commercial...

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ADIO expands Abu Dhabi’s trade links with Western Australia

The Abu Dhabi Investment Office (ADIO) has signed a collaboration Letter of Intent with Western Australia s (WA) Department of Jobs Tourism Science and Innovation to accelerate growth across shared areas...

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SPARK Logistics signs 2 MoUs to explore leasing prospects

SPARK Logistics has signed two Memoranda of Understanding (MoUs) with ESAB a world leader in welding equipment and Petromasafi a key supplier of oil and gas chemical products to explore leasing opportunities....

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Automechanika Riyadh sees 448pc hike in exhibitor numbers

Automechanika Riyadh sees a record number of exhibitors with over 280 exhibitors confirmed and more than 8 000 visitors expected during the three-day showcase. Saudi Arabia s leading trade show for the...

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Riyadh Cables' net profit for 2023 soars to $138m

Riyadh Cables Group (RCG) a leading manufacturer of wires and cables in Saudi Arabia has displayed tremendous profitability growth in FY2023 increasing the bottom-line by 47% to hit SAR518 million ( 138...

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ASM Global appointed manager of KAFD conference Centre

ASM Global will lead the operation and management of the prestigious King Abdullah Financial District (KAFD) Conference Centre in Riyadh Saudi Arabia. For this King Abdullah Financial District Development...

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NAFL vows digital platform for efficient, sustainable logistics

The International Federation of Freight Forwarders Associations (FIATA) RAME Field Meeting and Conference 2024 closed successfully in Dubai committing to working together to address the current disruptions...

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IATA launches air cargo digitalisation leadership charter

The International Air Transport Association (IATA) announced the launch of the IATA Digitalization Leadership Charter at the IATA World Cargo Symposium in Hong Kong aimed at accelerating the air cargo...

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Suhar Industrial City attracts a plastics project worth $23.4m

Suhar Industrial City affiliated to Oman s Public Establishment for Industrial Estates (Madayn) has signed an investment contract with Multi Bond Metal Company to set up a plastics-focused facility worth...

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Total diamond trade in Dubai hits $38.3bn in 2023: DMCC

Dubai s diamond trade in 2023 headlined by 2% year-on-year growth in the value of rough and polished diamonds has hit 38.3 billion representing a five-year compound annual growth rate of 11%. Dubai Multi...

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