W?rtsil? has signed a new three-year asset management agreement with Saudi Arabia-based Northern Region Cement Company (NRCC) for its power plant in Turaif, Saudi Arabia
Logistics
DP World invests more than US$1bn in global trade in 2017

DP World focuses on adding value across the supply chain for customers and partners. (Image source: DP World)
DP World has invested more than US$1bn in global trade opportunities in 2017, with an aim to diversify its business across the supply chain and explore smart innovation technologies
Gulf Islamic Investments buys Amazon?s logistics centres for US$114mn
Gulf Islamic Investments (GII), the UAE-based Islamic financial services company, has acquired Amazon?s logistics centres covering an area of about one million square feet for US$144mn
SOHAR Port wins world?s best dry bulk port award

SOHAR Port CEO Mark Geilenkirchen (centre) receives the award at the IBJ Awards. (Image source: SOHAR Port)
SOHAR Port and Freezone has won the world?s ?Best Dry Bulk Port Award? at IBJ Awards ceremony, which took place recently in Amsterdam, Netherlands
SOHAR Port starts recycling initiative for plastic, glass and paper
SOHAR Port and Freezone is a deep sea port and freezone situated in Oman midway between Dubai and Muscat. (Image source: kenzo/Adobe Stock)
SOHAR Port has installed solar-powered recycling bins, aiming to reduce the amount of material discarded around its concession areas and to encourage recycling initiative for plastics, glass and paper