Under the patronage of the Ministry of Energy, Petro Rabigh and Honeywell have signed a Memorandum of Understanding (MoU) to explore the deployment of Honeywell UOP’s Naphtha-to-Ethane-and-Propane (NEP) technology. The signing ceremony was sponsored by Eng. Ahmed Al-Zahrani, Assistant Minister for Development and Excellence at the Ministry of Energy, reaffirming the Kingdom’s commitment to fostering innovation and sustainability in the energy sector.
Continue reading HONEYWELL SIGNS MOU WITH PETRO RABIGH TO LICENCE ITS NAPHTHA CONVERSION TECHNOLOGY IN SAUDI ARABIACategory Archives: Business & Investments
Lootah Biofuels Calls for Greater Awareness of Sustainable Practices and Reducing Food Waste
Dubai, United Arab Emirates – January 2025:
Lootah Biofuels, a pioneer in circular economy solutions through the production of biodiesel from used cooking oil, has emphasised the importance of raising awareness about sustainable practices and reducing food waste, particularly during periods of high food consumption, such as the holy month of Ramadan.
Since its establishment in 2010, Lootah Biofuels has been producing biodiesel from used cooking oil. The company is now preparing to expand its network of suppliers to collect and recycle used cooking oil for biodiesel production. Currently, the company’s top 10 institutional partners supply approximately 300,000 litres of used cooking oil per month to Lootah Biofuels’ production facility.
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Bitget Becomes the Second Largest Crypto Exchange Ecosystem by Userbase
Global, 24 January, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company has released its 2024 transparency report highlighting one of the most successful years the company has experienced since its launch in 2018 emerging as the second-largest exchange ecosystem by user base. Driven by innovation, strategic business decisions and a strong demand for trustworthy platforms have pushed the ecosystem to expand beyond expectations.
Continue reading Bitget Becomes the Second Largest Crypto Exchange Ecosystem by UserbaseAmericana Restaurants Expands its footprint in Oman with the Acquisition of Pizza Hut
Americana Restaurants Welcomes Pizza Hut Oman to Its Portfolio
Dubai, UAE, 24 January 2025: Americana Restaurants International Plc, the leading out-of-home dining and quick-service restaurant operator in the MENA region and Kazakhstan, has completed the acquisition of Pizza Hut brand in Oman from the Khimji Ramdas Group. The acquisition of 46 Pizza Hut restaurants, with an annual revenue of approximately $11 million in 2024, supports Americana Restaurants’ strategy to expand its regional footprint and strengthen its presence in existing markets.
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The UAE Attracts Over $30 billion in Crypto Investments in One Year
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