Neosun Energy, a Global Solar Energy company focused on constructing solar power stations and battery storage solutions, has recently ventured into the South African market. This move aims to provide commercial solar panels and energy storage solutions with capacities ranging from 200kW to 10MW for commercial and industrial projects (C&I) in South Africa and worldwide. The entry comes at a critical time as businesses face heightened energy access issues due to load shedding and driven by soaring electricity and fossil fuel costs, along with the persistent challenge of numerous off-grid African areas lacking energy access. Known for its global outreach,…
Author: Vibha Mehta
Hapag-Lloyd AG (Hapag-Lloyd) and Maersk A/S, an entity under A.P. Moller – Maersk (Maersk), have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. The ambition is to deliver a flexible, interconnected ocean network with industry-leading reliability. “Teaming up with Maersk will help us further boost the quality we deliver to our customers. Additionally, we will benefit from efficiency gains in our operations and joint efforts to further accelerate the decarbonisation of our industry,” says Rolf Habben Jansen, CEO of Hapag-Lloyd. The new cooperation between Hapag-Lloyd and Maersk will comprise a…
Amidst the vibrant tapestry of Dubai’s real estate landscape, Samana Developers today announced its groundbreaking achievement of securing the distinction of being among the top 10 highest off-plan selling developers in Dubai for the year 2023, as per Property Monitor, UAE’s leading real estate intelligence provider. Samana Placed with Meraas, Emaar Samana Developers placed with Dubai’s most established and large master developers, such as Meraas by Dubai Holding Real Estate, Emaar Properties, and Sobha Realty, is an achievement itself and reflects Samana’s commitment to on-time delivery and end-user focus. Samana’s 2.8% Market Share – Property Monitor Intelligence The latest stats…
According to an analysis carried out by global property consultancy Knight Frank, the total number of US$ 10 million plus home sales in Dubai grew by 92.4% to 431 sales during 2023. The total sales value above this price point grew by 91% last year to US$ 7.6 billion, 28% of which was achieved in Q4 alone. Faisal Durrani, Partner – Head of Research, MENA, said: “Dubai has doubled its position as the world’s most active US$10 million-plus homes market. The depth of demand from international buyers for Dubai’s most luxurious homes is also reflected in city-wide listings above US$ 10…
Sharjah Sustainable City – the first sustainable master-planned residential community developed by Sharjah Investment and Development Authority (Shurooq) in partnership with Diamond Developers, is participating in the upcoming Sharjah Real Estate Exhibition – ACRES 2024, where it is showcasing the city’s remaining selection of three-, four-, and five-bedroom villas. The four-day event organized by the Sharjah Chamber and the Sharjah Real Estate Registration Department beginning on January 17, 2024, presents an excellent opportunity for buyers and investors to become proud owners of eco-friendly homes at Sharjah Sustainable City, one of the most preferred residential destinations in Sharjah. Among the 1250…
Ritchie Bros. Middle East, a trusted global marketplace for insights, services, and transaction solutions for commercial assets and vehicles, held four online auctions in 2023 and sold more than 5,200 lots. The auctions attracted the participation of over 4,400 bidders from over 70 countries and generated 1.6 million visits to Ritchie Bros.’ online auction and buying platform Marketplace-E. In 2023, Ritchie Bros. significantly invested in workforce, infrastructure, and advertising, which enabled the organization to extend its reach in the region and attract many bidders who purchased various heavy machinery at the auctions and via Marketplace-E. Of the total number of…
Menzies Aviation, the leading service partner to the world’s airports and airlines, has announced a new joint venture (JV) with Sociedade Gestora de Aeroportos (SGA-SA) to deliver cargo and lounge services at Luanda International Airport (LAD). As part of the new partnership, Menzies Angola will handle more than 30,000 tonnes of cargo each year, serving many customers, including Taag-Angola Airlines, Air France, TAP Air Portugal and Ethiopian Airlines. It will also manage the VIP lounge at LAD, which serves more than 45,000 passengers each year. Reporting to the Angolan Ministry of Transport, SGA Angola manages 18 airports, including LAD, the…
Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, is celebrating the inauguration of its first flight from Abu Dhabi to Turkistan, one of the most important and historic cities in central Asia. The new route reaffirms the airline’s commitment to unlocking an eclectic mix of travel opportunities for both residents and visitors of the UAE and Kazakhstan. Flights to Turkistan will operate thrice a week on Tuesday, Thursday and Saturday, with tickets already on sale on wizzair.com and the airline’s mobile app, available in Arabic, with fares starting as low as AED 179*. The national airline flies to more…
Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, with Zain KSA and the French Serge Ferrari Group, has announced a new technical breakthrough to deliver a groundbreaking digital experience at Ummahat Island. Through this strategic partnership, which aims to maximize joint sustainability efforts, RSG and Zain KSA have designed and installed innovative telecom towers to provide visitors with an unprecedented communication experience that combines speed and service efficiency. At the same time, the buildings are thoroughly blended with the aesthetic elements of the island, ensuring that guests enjoy…
AJMAL MAKAN Real Estate Development, a leading developer of urban and mixed-use developments, announced its participation in the Sharjah Real Estate Exhibition – ACRES 2024, held under the patronage of H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah, and Chairman of Sharjah Executive Council (SEC). The event is scheduled at the Expo Centre Sharjah from January 17 to 20, 2024. During its participation, the company plans to highlight the first and second phases of the AJMAL MAKAN City – Sharjah Waterfront. They comprise Sun Island, an integrated model residential project designed to offer a…