For sustainable aviation fuel and achieving the strategic objectives of the UAE
Dubai, United Arab Emirates – 24 December 2024:
Lootah Biofuels, a pioneer in the circular economy through the production of biofuels from used cooking oils, has affirmed its readiness to meet the future growth of sustainable aviation fuels (SAF). The company aims to contribute to achieving the UAE’s strategic target of producing 700 million liters of SAF annually by 2030, with a voluntary goal of providing 1% of sustainable fuel to national airlines at the country’s airports using locally produced fuel by 2031.
The Board of Directors of the UAE Banks Federation (the sole representative and unified voice of UAE banks) held its last regular meeting for 2024 under the chairmanship of His Excellency Abdul Aziz Al-Ghurair, Chairman of UAE Banks Federation, to discuss the latest developments in the banking and financial sectors locally and globally throughout the current year, as well as to study the general lines of the Federation’s strategy for the coming year (2025).
Dubai, UAE – December 18, 2024 – The CEO Clubs Network hosted a spectacular Gala Dinner at the luxurious Habtoor Palace, under the theme ‘The Art of Glamour: Celebrate, Recognize, Inspire’. The event, which was a grand success, gathered almost 200 distinguished guests, including VIPs, and CEO Clubs members, including over 15 diplomats and top corporate leaders together enjoyed an evening filled with celebration, fun, joy, and networking, which showcased a series of unforgettable moments, including a dazzling fashion show, an engaging talent showcase, and a heartfelt ceremony of recognition.
Recognizing CEO Clubs members for their outstanding achievements
OMODA & JAECOO and Maersk are collaborating to establish a logistics solution for the warehousing & distribution of spare parts, finished vehicles and Pre-Delivery Inspection (PDI) services.
Customers will be able to enjoy a seamless and uninterruptedsupply of spare parts required for all OMODA & JAECOO vehicles through Maersk’s warehousing & distribution solutionthat willpromptlydeliver spare parts within 24 to 48 hours across the UAE.
Dubai, UAE, December 23, 2024:OMODA & JAECOO, the innovative automotive brands pioneering the future of mobility, have officially announced a strategic partnership with A.P. Moller – Maersk (Maersk), a global integrated logistics leader, to build a comprehensive logistics infrastructure ahead of the brands’ UAE launch in Q1 2025. This strategic partnership delivers an end-to-end warehousing and distribution network, ensuring seamless management of finished vehicles, spare parts, and Pre-Delivery Inspection (PDI) services throughout the Emirates.
Maersk’sadvanced warehousing & distribution capabilities will ensure maintaining 98% spare parts availability and facilitating quick delivery within 24 to 48 hours across the UAE. This partnership strengthens OMODA & JAECOO’s commitment to delivering an unparalleled customer ownership experience.The solution is designed to ensure the availability of essential spare parts for all OMODA & JAECOO models, including the flagship OMODA C5 and JAECOO J8.
New vessels secure USD 84 million in charter contracts with Reliance Industries DMCC for five-year term.
BOCOM Leasing doubles its commitment to Al Seer Marine to USD 160 million.
Abu Dhabi, 23 December 2024:Al Seer Marine (ADX: ASM), a frontrunner in the maritime industryand a subsidiary of International Holding Company (ADX: IHC), has taken delivery of M.T. Saiph and her sister shipfrom K Shipbuilding Korea. These state-of-the-art vessels are the second pair in a series of six newbuilding MR tankers.
UAE News 24/7 