Bosch, a leading home appliances brand in Europe, has opened its flagship store in Saudi Arabia.

Sebacic Oman Refinery for the production of sebacic acid has entered the production stage after the successful completion of the preliminary tests during the last three months, said a report.

Nissan Motor and Groupe Hasnaoui will invest a total of $160 million in a new Nissan vehicle plant in Algeria to meet growing customer demand in the country and across Africa.

Etihad Airways Engineering, a leading provider of commercial aircraft maintenance, repair and overhaul (MRO) services provider in the Middle East, has signed a memorandum of understanding (MoU) with Tarmac Aerosave, to expand services globally.

PANALPINA TIEUP VITAL FOR FIRM
Kuwait-based Agility Group has confirmed that it is in talks with the leading Swiss logistics group Panalpina about partnership opportunities between the logistics businesses of the two companies.

Boeing and Safran, an international high-technology group, have announced the name of their 50-50 joint venture to design, build and service Auxiliary Power Units (APUs): Initium Aerospace.

Around 1,200 delegates, including defence ministers and experts, are participating at the International Defence Conference (IDC) 2019 which opened today (February 14) in Abu Dhabi, UAE.

Saudi Aramco, a global energy and chemicals company and French oil major Total have signed an agreement to develop a network of retail fuel service stations in Saudi Arabia with plans to invest $1 billion over the next six years.

Ericsson, a leading communications service provider, and Intel Corporation have begun a multi-year collaboration to align ongoing development efforts in software-defined infrastructure (SDI) and Intel Rack Scale Design.

Russia and Colombia had the highest number of oil and gas discoveries amongst a number of key countries with three each in Q4 2018, according to leading data and analytics company GlobalData.

European planemaker Airbus will pull the plug on its A380 programme in 2021 given the lack of order backlog, the company said.

Ajman Free Zone used its Innovation Forum, marking the UAE’s National Innovation Month, to announce its participation in a global accreditation scheme aimed at strengthening the culture of innovation across all of the organisation’s operations.