Tag Archives: UAE

Wood Achieves $920 Million in Contracts Across Middle East, Driving Energy Transition and Local Talent Development

(IN BRIEF) Wood achieved a record-breaking $920 million in contracts across the Middle East in 2024, covering key markets like Saudi Arabia, Iraq, and the UAE. Projects include pre-FEED work for Aramco, integrated design and construction support for TotalEnergies, and … Read the full press release

Eviden’s Trustway Crypt2pay Selected by SalisPay & CredoPay to Secure Payment Processing Across the Middle East and India

(IN BRIEF) Eviden, part of the Atos Group, has partnered with SalisPay and CredoPay to integrate its Trustway Crypt2pay Hardware Security Module (HSM) into the CenterFirst payment platform. Operating across Oman, UAE, Qatar, Saudi Arabia, and India, the solution ensures … Read the full press release

50Hertz Pioneers Baltic Sea’s First 2 GW Offshore Grid Connection with GE Vernova and Drydocks World

(IN BRIEF) 50Hertz has partnered with GE Vernova and Drydocks World to deliver the Ostwind 4 offshore grid connection, the first in the Baltic Sea to use 2 GW/525 kV direct current (DC) technology. The project will connect an offshore … Read the full press release

Nokia and du Revolutionize Connectivity with First 5G Cloud RAN Deployment in Middle East and Africa

(IN BRIEF) Nokia and du have successfully launched the first commercial 5G Standalone Cloud RAN solution in the Middle East and Africa, marking a significant advancement in the UAE’s digital transformation goals. Utilizing Nokia’s flexible anyRAN approach, the deployment integrates … Read the full press release

ADNOC’s West Aquifer CO2 Storage Site Certified by DNV, Advancing Middle East Carbon Capture Goals

(IN BRIEF) ADNOC’s West Aquifer CO2 storage site in the UAE has received feasibility certification from DNV, marking a significant milestone in the Middle East’s carbon capture and storage (CCS) efforts. This certification validates the site’s potential for long-term CO2 … Read the full press release

Qatar Airways Leads in Digital Innovation, Adopting Thales’ Groundbreaking FlytEDGE Inflight Entertainment System for A321 NX Fleet

(IN BRIEF) Qatar Airways has partnered with Thales to equip its A321 NX fleet with FlytEDGE, the first cloud-native inflight entertainment system. As the first airline to select this system, Qatar Airways enhances its digital transformation journey, delivering personalized and … Read the full press release

Wood Strengthens Middle East Presence with New Engineering Hub in Sharjah, UAE

(IN BRIEF) Wood has expanded its presence in the Middle East with the opening of a new office in Sharjah, UAE, its third office in the country. The 18,625 square foot facility will serve as an engineering hub for operations … Read the full press release

Wind Power Milestone: Iberdrola and Masdar Complete Baltic Eagle Turbine Installation to Power 475,000 Homes

(IN BRIEF) Iberdrola and Masdar have completed the installation of all 50 wind turbines at the Baltic Eagle offshore wind farm in the German Baltic Sea. The 476 MW wind farm is set to provide clean energy to around 475,000 … Read the full press release

Standard Chartered Unveils Sustainable Finance Options with New Borrowing Base Trade Loans

(IN BRIEF) Standard Chartered has officially launched its Sustainable Finance variants of Borrowing Base Trade Loans (BBTL), enhancing its suite of Sustainable Trade Finance solutions to support the decarbonization of the commodities sector. This innovative financing option will be accessible … Read the full press release

Cotti Coffee Chooses Adyen’s Platform for Global Expansion and Enhanced Customer Experience

(IN BRIEF) Adyen, a leading financial technology platform, has partnered with Cotti Coffee to support the global coffee chain’s expansion into new international markets including Canada, Australia, Japan, Singapore, and the UAE. This strategic collaboration leverages Adyen’s single-platform solution to … Read the full press release

Saab Delivers Fourth GlobalEye AEW&C Aircraft to UAE in Four Years

(IN BRIEF) Saab has successfully delivered the fourth GlobalEye Airborne Early Warning and Control (AEW&C) aircraft to the United Arab Emirates (UAE) on April 18, 2024. This milestone marks the rapid delivery pace of these advanced AEW&C platforms, with four … Read the full press release

UAE’s EDGE Group and Spain’s Indra Forge Strategic Radar Technology Joint Venture

(IN BRIEF) UAE-based EDGE Group and Spain’s Indra Sistemas have formalized a joint venture agreement to develop and manufacture next-generation radar systems in Abu Dhabi. The agreement, facilitating access to nearly 300 radar system orders, aims to expand both companies’ … Read the full press release

Kapsch TrafficCom Implements Cutting-Edge Truck Tolling System in Ras Al Khaimah, UAE

(IN BRIEF) Kapsch TrafficCom achieves a significant milestone with the successful installation of an advanced truck tolling system in the Emirate of Ras Al Khaimah, part of the United Arab Emirates. Replacing the previous plaza-based tolling system, the new multi-lane … Read the full press release

MEA Logistics Boost: DHL Global Forwarding Integrates Danzas AEI Emirates Operations

(IN BRIEF) DHL Global Forwarding has successfully completed the acquisition of shares in Danzas AEI Emirates, rebranding all facilities under the DHL name. This integration not only changes the logo and name but also strengthens operational capabilities by incorporating 1,100 … Read the full press release

Saab Secures USD 190 Million Contract with UAE Ministry of Defence for GlobalEye AEW&C Support

(IN BRIEF) Saab has signed a contract with the United Arab Emirates (UAE) Ministry of Defence for the in-service support of the GlobalEye Airborne Early Warning and Control (AEW&C) system. The contract, worth approximately USD 190 million, covers maintenance, logistics … Read the full press release

Thuraya and Ericsson Successfully Upgrade Billing and Charging Systems, Enhancing Service Experience

(IN BRIEF) Thuraya, the mobile satellite services operator based in the United Arab Emirates, has completed a successful migration and upgrade of its monetization systems with Ericsson. The upgrade involved deploying the latest Ericsson Billing and Ericsson Charging solutions, resulting … Read the full press release

Vattenfall’s Annika Ramsköld Leads Sustainability Agenda at COP28

(IN BRIEF) Vattenfall, a key player in the European energy transition, is actively participating in COP28, the 28th UN Climate Conference, held from November 30th to December 12th in the United Arab Emirates. Head of Sustainability, Annika Ramsköld, is representing … Read the full press release

UAE Social and Educational Partnerships: Borealis Renews Support with AED 3 Million Funding

(IN BRIEF) Borealis has renewed its partnership with three prominent social and educational organizations in the UAE through the Borealis Social Fund. They will distribute AED 3 million among the Emirates Foundation, UAE Paralympic Committee, and Emirates National Schools to … Read the full press release

Moro Hub and Thales Partner to Elevate Cybersecurity Services in the UAE

(IN BRIEF) Moro Hub, a subsidiary of Digital DEWA, has joined forces with Thales, a global leader in security and digital identity technologies, at the Dubai Air Show 2023. This partnership aims to redefine the landscape of physical and cyber … Read the full press release

Clean Energy Giants Masdar (UAE) and Iberdrola Join Forces in €1.6 Billion / 476 MW Baltic Eagle Offshore Wind Farm Deal in Germany

(IN BRIEF) Masdar, the UAE’s flagship renewable energy company, partners with Iberdrola, a global clean energy leader, to invest in the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea. Iberdrola will retain a majority 51% stake … Read the full press release