The Industrialization and Energy Service Company (“TAQA”) announced today the closure of its 100% acquisition of Al Mansoori Petroleum Services (“AMPS”), expanding TAQA’s Well Solutions business internationally. The acquisition is funded by a capital increase led by TAQA’s existing major shareholders. This investment brings to TAQA a long-established, well-diversified MENA-based business with a track record […]

The National Agricultural Development Company (Nadec) is pleased to announce today its strategic partnership with Pure Harvest Smart Farms (Pure Harvest), the MEASA region’s leading technology-enabled agribusiness, to deliver a large-scale national food security project in the Kingdom, which aims to deliver over 27 hectares of production near-term – with prospects for significant future expansions […]

The global technology, software and engineering powerhouse Emerson (NYSE: EMR) will build a state-of-the-art innovation and manufacturing hub at the King Salman Energy Park (SPARK) in Saudi Arabia, further expanding Emerson’s local capabilities. The facility will be one of the largest investments in the Middle East and Africa region for the company. The facility,which is […]

The Pirelli P Zero Elect has been selected by BMW M to equip the new BMW i4 M50, the first fully electric car developed by the brand’s high-performance division, which celebrated its 50th anniversary last year. The latest zero-emission coupé now joins many other BMW M cars for which Pirelli has developed bespoke original equipment tyres. […]

The recent announcement of 2023 as the Year of Sustainability in the UAE, made by President His Highness Sheikh Mohamed bin Zayed Al Nahyan, crowned the country’s significant efforts in sustainability and environmental preservation, marking a turning point in driving global efforts to support climate action and paving the way ahead of COP28. The COP28 […]