Logistics

ADIB provides US$80mn Sharia’a-compliant financing to Oman Shipping Company

DSC 1196The Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has signed an agreement to provide a US$80mn Shariah-compliant Ijara facility to the Oman Shipping Company SAOC (OSC), a member of the ASYAD Group, for the financing of two VLCC (Very Large Crude Carriers) tankers within the OSC group

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ESMA and Mercedes-Benz Trucks showcase the first partially automated driving truck

semi automated truckTogether with ESMA, Mercedes-Benz Trucks has performed a test-drive of the semi-automated Mercedes-Benz Actros from Dubai to Abu Dhabi

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Grandweld wins Khalid Faraj Shipping's contract to build two crew boats

Grandweld and KFSGrandweld Shipyard, the UAE-based shipyard, has signed an agreement to build two crew boats to Khalid Faraj Shipping (KFS), the Abu Dhabi-based company in delivering comprehensive marine services and logistical support to offshore oil and gas projects

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Tasneef prioritises Emiratisation to enhance UAE maritime

UAE maritime 16decEmirates Classification Society (TASNEEF) has prioritised emiratisation to enhance the UAE maritime

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Frost & Sullivan presents Urban Air Mobility landscape up to 2040

Air Taxi TRMEAir taxi operations are forecast to commence in 2022 in the Middle East and grow at a compound annual growth rate (CAGR) of 45.9 per cent to reach 430,000 units in operation globally by 2040

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