The prestigious AIMTEK International Conference and Awards concluded successfully on June 7th, 2022 at Radisson Blu, Yas Island Abu Dhabi. Organized by Biz Events Management, the one-day exclusive summit contemplated the technological advancements in the industry. The AIMTEK International Conference and Awards created an apt innovative platform to exchange knowledge, create ideas, and celebrate the notable achievements made by the industry leaders in Oil & Gas, Petrochemical and Renewal Energy.
Dolphin Marine Group, the UAE-based regional leader in maritime safety equipment and services, is participating in Posidonia 2022, one of the world’s biggest shipping fairs in Greece, from June 6 to 10.
One of Canada’s largest private pension fund investment managers, Caisse de dépôt et placement du Québec (CDPQ) announced the formation of a joint venture that will make an investment of up to $5 billion in Dubai’s DP World’s Jebel Ali Port and related operations in the UAE. The deal marks the first direct foreign investment into Dubai’s ports and logistics assets as part of the UAE’s efforts at privatization attracting foreign investment and reducing the debt of the state-owned company. It is an expansion of the pension fund’s existing investments with DP World and in keeping with the Canadian investor's interest in global infrastructure.
AD Ports Group, the leading facilitator of global trade, logistics, and industry in Abu Dhabi, today (June 6) announced that Abu Dhabi will serve as the host city for the 2023 edition of the IAPH World Ports Conference.
The UAE’s Ministry of Economy has joined forces with global logistics and shipping company UPS to launch an initiative to support small and medium enterprises and boost their export capabilities.
Agreements focus on joint development and operation of a Multipurpose Terminal in Safaga Port and management of cruise ship berths at Sharm El Sheikh, Hurghada and Safaga ports
Port authorities around the world have a major role in supporting sustainable economic growth and delivering a greener future, according to experts and executives.
Al-Mansouri: We work closely with the national organisations to prepare qualified Emiratis who will lead the progress of the UAE’s key sectors
Singapore is keen to collaborate with the UAE on digitalisation and decarbonisation in the maritime industry, a top executive told the Emirates News Agency (WAM).
Coming up tomorrow the Posidonia 2022 expo will reveal the unbreakable connection between Greek culture and the sea. Set to open June 6th – June 10th at the Athens Metropolitan Expo, the exhibition will feature more than 1,900 exhibitors from 88 countries.
● H.E. Yousef Al Ali: The UAE has planned to continue achieving net-zero emissions by 2050, and the onus is on us to ensure that we take the right steps to achieve this target as per the sustainability goals
● H.E. Eng. Hessa Al Malek: Our initiatives for sustainable development have gone far beyond steps to ensure the progress of the maritime sector, and this award is a testament to our efforts
● Al Mazrouei: The launch of the “Salmeen” initiative in conjunction with the Day of the Seafarer is in honor of seafarers who are the heroes of the global trade. They actively contribute to the continuity of global maritime operations amid the current challenges
● The UAE is a logistics hub linking international shipping lines. It receives the largest share of ships that reach the region’s ports with more than 21,000 ships annually
World Bank and S&P Global Market Intelligence Index measures time required for vessels in port to complete workloads
In a move that will further boost UAE-Romania bilateral relations and expand cooperation in trade and investment between the two countries, the Romanian government has signed an agreement with Dubai’s Ports, Customs and Free Zone Corporation (PCFC) and DP World to develop new infrastructure at the Port of Constanta. The agreement with the Dubai entities will help modernise and turn the Port of Constanta into one of the Black Sea’s most important cargo and vehicle hubs.
DP World, the leading global logistics company and provider of smart supply chain solutions, announced a partnership between CARGOES Finance By DP World and Challenger Management Limited, allowing customers to access working capital solutions from the global trade finance fund.
Speaking to Reuters, Abdellatif says the agreement was originally reached in July 2021, under the civilian-led transitional government. However, following the October coup, many international donors suspended billions in aid and investments to Sudan, worsening an already fragile economy and depriving the government of necessary foreign currency.
