GAC Laser Specialised Logistics pulled out all the stops to ensure smooth handling of dangerous goods and other defence-related cargo for the Africa Aerospace & Defence Exhibition (AAD) 2018. It was the fourth consecutive time that the company was entrusted with the sensitive cargoes as the Official On-Site Freight Contractor and sole freight agent of the bi-annual exhibition. Held at the Waterkloof Airforce Base in Tshwane, Pretoria, AAD is Africa’s only aerospace and defence expo that combines a trade exhibition and an air show to demonstrate the latest defence technologies and solutions over land, sea and air. Getting everything to…
Author: Mehak Srivastava
The Creek Beach district is Dubai’s first-of-its-kind urban beach in the middle of Dubai Creek Harbour, ‘The World of Tomorrow’. Featuring a rich array of lifestyle amenities, this new neighbourhood assures a unique lifestyle with all community landmarks within walking distance. Creek Beach stands out for its pedestrian-friendly environment with a modern twist on ‘old town’ homes. The district also offers effortless connectivity to the wider city through a dedicated metro station and an efficient road network. ‘Breeze’ marks the first residential offering in the district with private beach access, a vibrant boardwalk, infinity pool, sand bar mounds, and much more.…
Saudi Airlines Cargo Company launched its newest product “Fly Express”, offering high priority express delivery for urgent international shipments. Fly Express service is an added value service that offers customers high priority status for shipments that can be accepted 3 hours prior to the Scheduled Time of Departure, alongside quick handling procedures at arrival. The new service offers early booking via the below email for a fast, efficient, and reliable airport-to-airport delivery of up to 300kg per shipment, as well as a Money-Back Guarantee for the added cost of the service if it does not deliver on time. Saudia Cargo…
Hellmann has successfully mastered the past years of restructuring and repositioning. Under the leadership of restructuring specialist Dr Thomas Knecht as CEO and CRO as well as Jost Hellmann as CCO, the group executed comprehensive restructuring program, which was implemented consistently and successfully. Its key measures were the establishment of three business units with clearly defined strategic objectives, the change of legal form to an SE and an extremely comprehensive structural, financial and performance-related realignment of the global Hellmann Group. In addition, the group was successfully refinanced in a structured process resulting in a multi-year loan agreement with a stable…
Celebrating a decade since opening its regional Middle Eastern office in Dubai in 2008, leading international construction consultancy, Linesight, has revealed that it is currently working on project developments worth in excess of USD10bn and is experiencing average annual revenue growth of 6.6%. Linesight offers consultancy services, focusing on cost and project management, across a wide number of industry sectors including retail, commercial, hospitality and data center. Some of their more notable projects include the USD430mn Bahrain Marina mixed-use development, the USD4bn Thakher City mixed-use development in Makkah, Saudi Arabia and the MAF City Centre Ishbiliyah retail development, in Riyadh.…
Dubai Land Department (DLD) organised the Global Consultations on Public-Private Partnerships (PPPs) in Land Administration in collaboration with the World Bank. During the two-day consultation, nearly 50 global consultants, specialists, and experts in the field of real estate participated to exchange knowledge between different global experiences in PPPs in the real estate sector. HE Sultan Butti bin Mejren, director general of DLD, said: “DLD partnered with the World Bank to organise the Global Consultations on PPPs in Land Administration which will contribute to the exchange of knowledge between different international experiences in PPPs in the real estate sector through the…
The Dubai Maritime City Authority (DMCA) has completed its preparations to host the Dubai Maritime Summit 2018 on October 28, under the patronage of H.H Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, with an aim to strengthen the communication channels between international leaders. The Summit will discuss best practices and innovative solutions in the global maritime sector, based on innovation, knowledge and joint cooperation. The forum also gains strategic significance as an ideal platform to capitalise on Dubai’s pioneering experience as one of the top five in the International Shipping…
Dubai-based Zaitoun Green Shipping recently participated in the second edition of the “Malta Maritime Summit”, which was held under the theme of ‘The Voice of the Industry’, last week, in Valletta, Malta. The event also had several other important themes such as logistics, security, finance, digitalisation, sustainability and Brexit, will be addressed. Engineer Mohammed Zaitoun, president and CEO of Zaitoun Green Shipping, said: “Our world-changing mission is to leverage our technical knowledge and vast experience to safeguard all life and property at sea by sparking new levels of innovation that revitalises the maritime vessel industry and reduces the environmental footprint…
International law firm Pinsent Masons has appointed Osama Hassan as head of Middle East. Osama, who will continue to lead the Middle East Corporate group, has provided dual language, Shari’a, local and international law expertise in the region for over 30 years. He is widely recognised within the UAE corporate market as a trusted adviser to a broad range of major energy and infrastructure organisations, government departments and government-owned entities as well as heads of family owned businesses. The appointment comes following a period of strong growth for the firm across the infrastructure, energy, real estate and financial services sectors.…
Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, together with Aldar Properties PJSC (“Aldar”), rang the market opening bell to celebrate the listing of Aldar Investments’ new sukuk, marking the first corporate sukuk ever to be listed on the exchange. The sukuk, which was raised at a profit rate of 4.75% with a 7 year tenor, will start trading today under the code ALDARSUKUK2025. There was strong investor demand for the issue, reflecting Aldar Investments’ status as the region’s highest rated non-government related corporate. Aldar Investments is a 100% owned subsidiary of Aldar, whose shares are also listed on…