In exchange, Alcoa received around 86 million Ma’aden shares, valued at approximately US$1.2bn, alongside US$150mn in cash, which will primarily be used to cover taxes and transaction costs. The ...

Maersk Saudi Arabia (Maersk) and the Saudi Post Company (SPL) have signed a strategic Memorandum of Understanding (MoU) to enhance logistics and supply chain services for ecommerce companies operating ...

The roundtable also showcased findings from a 12-week trial by Volvo CE, Transport for London (TfL), and FM Conway, which replaced diesel equipment with three electric construction machines. The ...

Aed Energy has secured investment from Catalyst, the Masdar City and bp-backed accelerator dedicated to advancing climate technologies across the Middle East and beyond. This funding will support Aed ...

Unveiled during the grand opening of the Digital Construction Site at TU Braunschweig, the system merges COBOD’s BOD2 3D construction printer with a telescopic vertical extension and robotic arm ...

Saudi Global Ports Group (SGP), through its subsidiary Modern Port Services Company Limited (SGP Multipurpose Terminals, or SGPMP), has signed four 20-year concession agreements with the Saudi Ports ...

ACCIONA, along with local firm DHCU, obtained an €35mn (US$38.15mn) contract from Egypt’s Construction Authority for Potable Water and Wastewater (CAPW) so it can operate and maintain Phase II of ...

DEWA has been an initial investor in AI since 2017 and wasfirst among the utilities globally to adopt Microsoft’s Copilot platform. This new partnership reflects Dubai’s focus on innovation, ...

Abu Dhabi-based petrochemicals company Borouge is collaborating with Honeywell to conduct a proof of concept for AI-powered autonomous operations, which is is set to deliver the petrochemical industry ...

Emirates Global Aluminium (EGA) has commenced hot metal production at pilot reduction cells for its next-generation aluminium smelting technology, known as EX. The pilot programme, taking place at EGA ...

This agreement underscores Johnson Controls Arabia’s commitment to supporting major manufacturing initiatives in Saudi Arabia, enhancing its role as a trusted partner in delivering high-efficiency, ...

Teledyne Gas & Flame Detection has introduced the PS DUO, a new portable dual-gas detector designed to improve personal safety in hazardous environments.