Category Archives: Business & Investments

Hitachi Energy invests over 30 million euros to expand transformer operations in Germany

Hitachi Energy invests over 30 million euros to expand transformer operations in Germany

  • The expansion and modernization of the power transformer manufacturing facility in Bad Honnef will generate up to 100 new jobs in the region.
  • Set for completion in 2026, the investment expands the company’s global footprint and capacity at speed, addressing the accelerating demand for transformers to meet Europe’s energy transition.

Dubai, February 22, 2024 – Hitachi Energy today announced an investment of more than 30 million euros (approx. $32 million) in the expansion and modernization of its power transformer manufacturing facility in Bad Honnef, Germany. Expected to be completed in 2026, the project will generate up to 100 new jobs in the region and address the rising demand for transformers to support Europe’s clean energy transition.

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UAE to host the prestigious FIATA-RAME Field Meeting & Conference

UAE to host the prestigious FIATA-RAME Field Meeting & Conference, shaping the future of logistics in the MEA region

  • Hosted by the National Association of Freight and Logistics (NAFL) under the patronage of H.H.  Sheikh Ahmed bin Saeed Al Maktoum, the conference will discuss current challenges, trends, and future strategies for charting a sustainable path forward
  • The global logistics sector to reach USD 16.36 trillion by 2027

Dubai, United Arab Emirates; 21 February 2024:

The UAE National Association of Freight and Logistics (NAFL) has announced the 2024 FIATA RAME (Region Africa and Middle East) Field Meeting and conference dates. Held under the esteemed patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum- Honorary patron of NAFL, the two-day event, scheduled for March 5th and 6th, 2024, in Dubai, will bring together leading industry experts, policymakers, and stakeholders to discuss critical trends and strategies shaping the future of logistics in the MEA region. It will also highlight the growth opportunities in the industry and the economy in the region.

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Hotpack Global to roll out RECAPP recycling bins to collect 40 tons of waste a year

Hotpack Global to roll out RECAPP recycling bins to collect 40 tons of waste a year

This partnership will contribute to the UAE’s initiative to advance recycling and sustainability, resulting a reduction of 40 tons of CO2emissions

DUBAI – February 22, 2024: Hotpack Global, the UAE-based global leader in packaging products, has partnered with RECAPP, a digital recycling solution platform for households and companies, to roll out recycling bins at its facilities, as well as its clients’ premises to collect a combined quantity of 84 metric tons of waste per year. Thisis projected to reduce an estimated 84 metric tons of CO2 (Carbon Dioxide) emissions, demonstrating a sizable and tangible commitment to carbon footprint reduction.

As part of this campaign, Hotpack will deploy RECAPPrecycling boxes on the premises of a number of their clients and manage their collections with RECAPP’s digital solutions. The partnership aims to not only curb plastic pollution but also create a more environmentally responsible and eco-friendly community by building an awareness of sustainable practices through collective actions and incentives.

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Hira Group Elevates the HVAC Experience with Grand Unveiling of Cutting-Edge Showroom in Fujairah, UAE

Hira Group Elevates the HVAC Experience with Grand Unveiling of Cutting-Edge Showroom in Fujairah, UAE

UAE, February 2024:Hira Group, a prominent manufacturer in the building products sector is announced the expansion of its footprint with the launch of a new showroom in Fujairah.

Committed to delivering world-class quality and manufacturing, Hira Group aims to reinforce its presence and provide exceptional solutions to both existing and potential clientele. As a leading global manufacturer in the HVAC and construction industry, the inauguration of a state-of-the-art showroom in Fujairah, UAE is yet another milestone for the company.

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KEZAD Assets Management Company set to manage 750,000 sqm of built-up assets under KEZAD Group

KEZAD Assets Management Company set to manage 750,000 sqm of built-up assets under KEZAD Group

Company to Acquire, Manage and Operate existing and new KEZAD Group Built-up Assets

Abu Dhabi, UAE – 21 February 2024:  KEZAD Group, a subsidiary of AD Ports Group under the Economic Cities & Free Zones, and the largest operator of integrated and purpose-built economic zones in the UAE, is set to transfer the management of approximately 750,000 square metres of its built up assets to KEZAD Assets Management Company (KAMC), making it a key player in the industrial and logistics assets sector through strategic acquisitions, management, and operations.

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