Bahrain Economic Development Board (EDB)’s Post

The exclusive interview with Mr. Ravi, Managing Director of Kenzol, at the final day of Automechanica Riyadh is now live! Gain valuable insights into the future of the oil industry and the technological advancements driving growth in manufacturing engine oils and lubricants. Don't miss out on this enlightening discussion! #AutomechanicaRiyadh #OilIndustry #TechnologicalAdvancements #EngineOils #Lubricants

Emirates Global Aluminium (EGA) , a leading aluminium producer, marks a milestone as the first in its industry and the Middle East to join the Sea Cargo Charter. With an annual shipment of 22 million tonnes globally, EGA acknowledges its responsibility in reducing shipping emissions, aiming for net-zero by 2050. Abdulnasser Bin Kalban, CEO of Emirates Global Aluminium, remarked, “The aluminium EGA produces plays an essential role in the development of a more sustainable society. It is also important how sustainably it is produced, and this includes shipping raw materials to our production sites and bauxite and metal to our customers worldwide. EGA has committed to reaching net zero by 2050, including from our supply chain. Joining the Sea Cargo Charter will enable us to further improve our performance and achieve our goal to reach net zero from supply chain activities.” Read the complete story: https://zurl.co/Uf2o #Sustainability #SeaCargoCharter #EGAGreenInitiative

MT GROUP

The #QE Index and the #QETF both closed lower for the week by -1.53%. For the week, the index witnessed 4 advancers against 16 decliners. Leadership in terms of price performance, for the week, came from #Gulf International Services +13.81%, #Qatar Aluminum Manufacturing Company +2.54%, and #Barwa Real Estate Services +0.48%. The #QETF is a great investment tool towards diversification and gaining a broader exposure to the QE Index. www.qetf.com.qa   #Qatar_Stock_Exchange #Qatar_Bursa #Investing_in_Qatar #Exchange_traded_funds

SMS group is at the forefront of the GCC's transformative shift towards sustainability, working hand-in-hand with SULB to redefine industry standards. 🌿 Our collaboration has propelled SULB to extraordinary production levels of 144% in their melt shop and 120% in the heavy section mill, echoing our collective drive for operational #excellence and #environmental stewardship. 📈   Strategic and methodical, we jointly pinpoint areas for enhancement, prioritize them, and implement solutions that amplify value for both entities. This collaborative spirit is steering SULB towards achieving a significant reduction in emissions, aiming for a 35% cut from their 2015 levels by 2035.   As we navigate the path to a more sustainable and proficient steel industry, the strength of our #partnership is as evident as the quality of the steel we help produce. Together, we're not just adapting to change – we're driving it. 💪 #Innovate #SULB #SustainableSteel #Innovation #CollaborationExcellence #Bahrain   Read More : https://bit.ly/4dCtgXz

AD Ports Group Signs Strategic Agreement with ADNOC Distribution for Marine Lubricants Supply AD Ports Group, the leading facilitator of global trade, logistics, and industry, has announced today that its Ports Cluster is expanding its business remit to the global distribution of marine lubricants. The announcement came following a strategic agreement inked with ADNOC Distribution, the UAE’s leading manufacturer of marine and automotive lubricants. Under the terms of the agreement, the Ports Cluster will leverage its connections and advanced infrastructure to distribute high-demand, global standard lubricants, to customers in the UAE during the initial stages, which will then be broadened to encompass a global footprint of distribution. Both parties have agreed to jointly work on expanding the global marine lubricants market due to its significant importance for the shipping and maritime industries..... https://bit.ly/3xPInMQ AD Ports Group ADNOC Distribution LetsTalkCity #AbuDhabi #Ports #MarineLubricants #UAE #GCC #MiddleEast

We're proud to share our journey, achievements, and aspirations in the industrial investment landscape of the Kingdom of Saudi Arabia. Check out our comprehensive infographic to learn how we specialize in converting raw materials into valuable products, contributing significantly to the country's economic diversification and industrial development. 1. Our focus sectors: packaging, metals, construction, flooring, and more 2. The impact we make across 75+ countries 3. Our esteemed subsidiaries: Gulf Packaging Industries Co.; Triomada Plastic International Co.; Mattex Group; Mada Non-Wovens; and Tahweel Metal Industry Company. Explore our story and see how we're driving innovation and growth in the Kingdom of Saudi Arabia. For more information, visit our website: www.tahweelholding.com.sa #IndustrialInvestment #EconomicDiversification #TahweelHoldingGroup #SaudiArabia #Sustainability #Innovation #Manufacturing

🗞️ Special focus on Gulf Aluminium Industry “FACE was visionary and pioneering in advocating for a strategic partnership between the European and #Gulf aluminium industrial tissues from its creation in 1999 in Brussels”, said our co-founder Roger Bertozzi in the focus article on the Gulf Aluminium Industry by A&L Alluminio e Leghe. Historically the Gulf #aluminium industry has represented a crucial supply source of abundant, competitive, high quality and sustainable primary aluminium for #Europe, whose raw material deficit is now at 84%. This reality has played a role in FACE’s longstanding fight to eliminate the outdated and economically absurd EU import tariffs on raw aluminium. In 2007 and in 2013 FACE succeeded in lowering those tariffs from 6 to 3% for unwrought aluminium and from 6 to 4% for billets and rolling slabs. FACE continues the fight for their total elimination. 🇪🇺 Today, a wealth of strategic cooperations of major significance for the future of our industry can flourish between European and Gulf aluminium players. On policy issues, both Gulf aluminium companies and EU players, notably in the downstream sector, could join forces to encourage European policymakers design a regulatory matrix conductive to green competitiveness, and for example, reconsider the penalising #CBAM and enact more efficient incentives for our common green agenda, work jointly on a “green aluminium label” that can help customers and consumers buy responsibly and increase further demand for aluminium in a carbon neutral civilisational perspective; GCC and EU aluminium companies could form research and development consortiums and benefit from EU funding and from GCC finance, and much more, including advocacy on the role of civil #nuclearenergy to support green growth in industrialised and in emerging or developing countries. Here the full article 👉🏼 https://lnkd.in/edirqbg3 Mario Conserva Alberto Pomari ARABAL PubliTec Srl #alluminio #AlluminioeLeghe #AluminumIndustry #EuropeanUnion

Wallan Trading Company officially sign a strategic agreement with ZEEKR极氪 in Saudi Arabia The official announcement of this groundbreaking alliance took place at a distinguished ceremony hosted by Wallan Trading Company in Riyadh on 17 February 2024. Graced by the presence of Fahad Al Wallan, Chairman of Wallan Trading Company, the event brought together key officials from both entities, marking a significant milestone in their shared journey. Under this transformative partnership, Wallan Trading Company will serve as the authorized representative and distributor of the prestigious ZEEKR brand in the Saudi market, solidifying their commitment to advancing electric mobility solutions in the Kingdom. Notably, the ceremony also served as the platform for the unveiling of two of ZEEKR's latest luxury offerings in the Kingdom: ZEEKR 001 and ZEEKR X, showcasing cutting-edge technology and innovation in electric mobility. Aligned with the Kingdom's Vision 2030 objectives and the Saudi Green Strategy, this partnership underscores Wallan Trading Company and ZEEKR's commitment to advancing sustainability goals and fostering the local circular economy. By promoting electric mobility solutions, they aim to contribute to a greener and more sustainable future for Saudi Arabia. #Zeekr #geely #ElectricVehicles #MiddleEastExpansion #Innovation #Sustainability #automotivenews #Wallan #saudiarabia #automotive #thinkdirectautomotiveconsulting #TDAC

From SMI’s recent portfolio: Project: New Capital Stadium Sector: Arenas and stadiums Location: New Capital Egypt   #SMI #SWEGYPT #SteelFabrication #SteelStructure #SteelConstruction #Fabrication #Industrial #Egypt