Tag Archives: Middle East

EIB Group Launches Global Green Checker to Simplify Access to Climate Finance Beyond Europe

(IN BRIEF) The European Investment Bank Group has expanded its Green Checker tool globally, enabling countries beyond the EU to identify and assess green investment opportunities. Launched at COP30 in Brazil, the platform simplifies climate eligibility assessments for projects and … Read the full press release

Borealis Renews Long-Term Partnership with Emirates Foundation to Support Education and Social Inclusion in the UAE

(IN BRIEF) Borealis has renewed its 15-year partnership with the Emirates Foundation to enhance education, social integration, and sustainability across the UAE. Through a 2025 contribution of AED one million from the Borealis Social Fund, the collaboration will continue to … Read the full press release

WinGD Expands Middle East Marine Service Capabilities Through Partnership with Qatar Shipyard Technology Solutions

(IN BRIEF) WinGD has entered into a strategic partnership with Qatar Shipyard Technology Solutions to enhance engine service and technical support for ship operators in the Middle East. Signed during Nor-Shipping, the MoU expands WinGD’s Global Service by WinGD programme, … Read the full press release

Egis strengthens 10N Collective’s global design network through new leadership at U+A and Omrania

(IN BRIEF) Egis Group’s 10N Collective has strengthened its international design network with new leadership appointments at U+A and Omrania. At U+A, Tiago Sampaio takes on the role of Design Principal, Ahmad Chouman becomes Principal – Project Operations, and Eugine … Read the full press release

Barclays to Launch Riyadh Operations in 2026, Advancing Vision 2030 Growth and Regional Investment Banking Capabilities

(IN BRIEF) Barclays PLC has received a provisional Capital Market Authority (CMA) licence, secured premises in King Abdullah Financial District, and will open a new office in Riyadh in 2026 as part of its Middle East expansion. The bank plans … Read the full press release

EIB Institute Strengthens Gaza Relief Efforts with Targeted Humanitarian Aid for Children and Vulnerable Families

(IN BRIEF) The EIB Institute has pledged €750,000 in humanitarian aid to support urgent medical and nutritional assistance in Gaza, focusing on children, pregnant women, and vulnerable families. The funds will be channelled through Welthungerhilfe and CARE, two experienced NGOs … Read the full press release

DHL Supply Chain reinforces Strategy 2030 with new leadership structure focused on customer engagement and global growth

(IN BRIEF) DHL Supply Chain has announced a refreshed leadership team as part of its Strategy 2030 transformation, reinforcing customer engagement and global growth ambitions. Effective September 2025, Andries Retief becomes Chief Development Officer, tasked with building innovative supply chain … Read the full press release

DHL eCommerce acquires stake in AJEX to strengthen Saudi e-commerce logistics and support Middle East expansion

(IN BRIEF) DHL eCommerce has acquired a minority stake in AJEX Logistics Services, a fast-growing logistics provider in Saudi Arabia owned by Ajlan & Bros Holding Group, in a deal that strengthens both companies’ positions in the Middle East’s booming … Read the full press release

10N Collective Appoints Tim Martin to Lead Middle East & South Asia Expansion

(IN BRIEF) 10N Collective, Egis Group’s architecture network, has appointed Tim Martin as Managing Principal for the Middle East and South Asia to coordinate its member studios and spearhead business development. Martin brings over two decades of global experience and … Read the full press release

Egis Reshapes MESA Leadership to Drive Regional Growth and Operational Expansion

(IN BRIEF) Egis has appointed Gurminder Sagoo as Chief Commercial Officer for the MESA region and transitioned Markos Apostolides into the role of Regional Director for Consulting & Operations. These leadership changes are designed to accelerate Egis’ growth across the … Read the full press release

Wood Awarded $100 Million Decarbonisation Contracts to Reduce Flare Gas and Improve Carbon Efficiency in Iraq

(IN BRIEF) Wood has secured contracts valued at approximately $100 million to support flare gas reduction and carbon efficiency projects in Iraq’s largest oil fields. The work includes engineering, procurement, and construction services aimed at improving operational efficiency and supporting … Read the full press release

Marsa LNG Plant Marks Groundbreaking Ceremony in Oman to Lead Energy Transition in the Middle East

(IN BRIEF) The Marsa LNG plant, located in Sohar, Oman, celebrated its groundbreaking on May 1, 2025, marking a milestone for the Middle East’s energy industry. TotalEnergies and OQEP are developing the plant, which will produce 1 million tons of … Read the full press release

Deutsche Bank Earns Multiple Accolades at The Asset Triple A Treasurise Awards 2025 for Exceptional Corporate Banking Services

(IN BRIEF) Deutsche Bank was honored with several awards at The Asset Triple A Treasurise Awards 2025, including Best Liquidity Management Bank and Best Structured Trade Finance Bank. The bank also received recognition as the Best Transaction Bank in China … Read the full press release

LEGO Group Strengthens Global Supply Network with Strategic Expansion and Enhanced Regional Operations

(IN BRIEF) The LEGO Group has structured its supply chain into regional networks, positioning factories and distribution centres across three continents. This system enhances responsiveness to market changes while reducing transportation emissions. Currently, the company operates six factories in Denmark, … Read the full press release

DHL and Temu Strengthen Partnership to Boost SME Growth Across Europe and Beyond

(IN BRIEF) DHL Group has signed an MoU with e-commerce marketplace Temu to deepen their partnership and support local SMEs in both established markets and growth regions such as Eastern Europe and the Middle East. By harnessing DHL’s global logistics … Read the full press release

CNMV Chairman Carlos San Basilio Joins OECD Bureau to Advance Global Corporate Governance

(IN BRIEF) The OECD Corporate Governance Committee, with Carlos San Basilio, CNMV Chairman, newly appointed to its Bureau, is dedicated to improving economic efficiency, sustainability, and financial stability through enhanced corporate governance policies and practices. It coordinates the Organisation’s efforts … Read the full press release

SFC Energy Secures Landmark Saudi Order to Power Off-Grid Surveillance with Clean Energy

(IN BRIEF) SFC Energy AG has landed its first order in Saudi Arabia by signing a contract with RESTART Limited Company for EFOY Pro methanol fuel cells and accessories, designed to power off-grid CCTV and public safety monitoring systems. After … Read the full press release

ANDRITZ Boosts Wisewoods Mill Capacity with New Pressurized Refining System in Thailand

(IN BRIEF) ANDRITZ has successfully launched a new pressurized refining system at the Wisewoods mill in Phetchaburi, Thailand, enhancing the mill’s production capacity for high-quality medium density fiberboard from rubberwood. The system’s high-efficiency technology improves fiber quality while reducing energy … Read the full press release

Barclays Appoints Vijay Shankar U.S. and Amaar Khan to Strengthen Corporate Bank in APAC & ME

(IN BRIEF) Barclays has appointed Vijay Shankar U.S. as Managing Director, Head of Global Transaction Banking, and Amaar Khan as Managing Director, CIO & Head of Corporate Banking Technology for its APAC and ME operations. Both will be based in … Read the full press release

Indra to Showcase Cutting-Edge Defence Technologies at IDEX 2025 in Abu Dhabi, Including New Pulse Joint Venture with Edge Defence Group

(IN BRIEF) Indra will debut its latest advancements in defence technology at IDEX 2025, showcasing its new joint venture, Pulse, created in partnership with the Edge Defence Group. Pulse focuses on developing next-generation radars for high-potential markets. Indra will also … Read the full press release