Author: Arabian Media staff
Image: Fertiglobe Fertiglobe has completed the acquisition of the distribution assets of Wengfu Australia, expanding its presence in the Asia-Pacific and reinforcing its focus on customer proximity as part of its “Grow 2030 Strategy”. The acquired network spans five ports and eight warehouses, distributing 700,000 to 800,000 tonnes of fertilisers annually to more than 200 customers, with capacity to scale up to 1.1 million tonnes per year. A new subsidiary, Fertiglobe Australia, will operate the assets under the Fertiglobe brand. The transaction, financed through short-term facilities expected to be repaid within four months, is projected to add around $23m in…
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Nakheel, a member of Dubai Holding Real Estate, has awarded Al Nasr Contracting Company an Dhs169m contract to deliver internal roadworks and essential utilities for Bay Villas at Dubai Islands. The scope of work includes developing access roads throughout the 636-unit residential community and installing key utility services, ensuring seamless connectivity between homes, public areas, and the broader island systems. This milestone aligns with Nakheel’s strategy of sequencing preparatory works alongside infrastructure delivery to support efficient community build-out and consistent outcomes for residents. Khalid Al Malik, chief executive officer, Dubai Holding Real Estate, said: “Awarding this infrastructure contract to Al…
L to R: Azza Alsuwaidi, deputy CEO of Etihad Rail Mobility, and Islam Abdul Karim, regional head, Yango Group Middle East signing the MoU/Image: Supplied Yango Group, a global technology company, has signed a Memorandum of Understanding (MoU) with Etihad Rail, the developer and operator of the UAE’s national railway network, at the second edition of the Global Rail Transport Infrastructure Exhibition & Conference in Abu Dhabi. The agreement establishes a framework to integrate Yango’s first- and last-mile ride-hailing solutions into the upcoming passenger rail service, creating a more convenient and seamless end-to-end travel experience. Under the MoU, the two…
Image: Supplied In today’s hospitality world, guests expect far more than just a comfortable bed or seamless check-in. They seek memorable experiences, thoughtful details, and a sense of connection to brands they already know and trust. For premium hotels across the Middle East and North Africa, one of the most powerful ways to deliver on these expectations comes in a cup. Nestlé Professional, the out-of-home division of Nestlé, is behind the exclusive distribution of the ‘We Proudly Serve Starbucks Coffee Programme’, a premium solution tailored specifically for four- and five-star properties. The concept is straightforward but transformative: bring the globally…
Image credit: Supplied As the global rail industry gathers in the UAE for one of the most anticipated infrastructure events of the year, Siemens Mobility is preparing to take center stage at Global Rail 2025, showcasing its latest innovations designed to reshape the future of mobility in the Middle East and beyond. Set to run from September 30 to October 2 at the ADNEC Centre Abu Dhabi, the international rail exhibition and conference, hosted by Etihad Rail, aims to highlight the pivotal role of rail in global transport and sustainable infrastructure. Under the theme “Driving the Future of Transport and…
Image credit: Getty Images Abu Dhabi’s renewable energy giant Masdar has taken a major step in its European expansion, closing a €368m transaction with Spanish utility Endesa that secures 446 megawatts (MW) of operational solar power across the Iberian Peninsula. The deal, announced Thursday, sees the UAE energy company acquire a 49.99 per cent stake in four solar photovoltaic (PV) plants from Enel Green Power España, a subsidiary of Endesa. Masdar’s commitment includes €69m in equity investment, supported by €115m in acquisition financing. With this transaction, the company lifts its gross operational capacity in the Iberian Peninsula to 3.2 gigawatts…
Image: Supplied Space42, the UAE-based AI-driven SpaceTech company, has released its Foresight Constellation Viewpoint, a comprehensive analysis of the strategic value of Synthetic Aperture Radar (SAR) satellite ecosystems. Against a backdrop of record infrastructure and defense spending, combined with mounting environmental and security challenges, the report highlights why traditional Earth observation systems are no longer enough. It shows how SAR advancements enhance government decision-making and risk management when it matters most. From visibility to value SAR’s strength is most evident in crisis situations. On February 6, 2023, a 7.8-magnitude earthquake struck southeastern Turkey. Tremors reached the Atatürk Dam, one of…
Image: Supplied IBM, a global leader in hybrid cloud, AI, and consulting, and nybl, a science-based AI company and IBM Business Partner, have announced a new collaboration to drive AI adoption across critical infrastructure sectors such as energy, utilities, and industrial operations. The partnership combines IBM’s watsonx portfolio of AI products, particularly watsonx.governance, with nybl’s domain-specific expertise to enhance operational resilience, improve efficiency, and deliver stronger business value. AI-powered asset and operations management At the core of the collaboration is nybl’s n.vision platform, now integrated with IBM’s watsonx AI and data platform, its AI governance capabilities, and the IBM Maximo…
Image: Supplied Saudi National Shipping Company (Bahri) has placed an order for six dry bulk carriers from International Maritime Industries (IMI), marking the launch of the kingdom’s first large-scale shipbuilding project. The vessels will be built at IMI’s shipyard in Ras Al-Khair, described as the most advanced full-service maritime facility in the Middle East and North Africa. The deal underlines Saudi Arabia’s ambition to establish a globally competitive maritime ecosystem under its Vision 2030 economic diversification plan and the Saudi Inc initiative, aimed at boosting supply chain localisation. Defining moment for Saudi’s maritime industry: Bahri CEO “This agreement marks a…