TECOM Group PJSC, the creator of specialised business districts and vibrant communities, has launched D/Quarters at Dubai Science Park to offer future-focused co-working solutions for entrepreneurs, SMEs, and global corporations in the science sector. The new address accommodates the growing demand for flexible and well-connected workspace solutions with a focus on contributing to the goals of the Dubai Research & Development (R&D) Programme launched by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council. It is also geared towards fostering innovation, instilling an entrepreneurial culture, and advancing Dubai’s vision of building…
Author: Vibha Mehta
Intelligent logistics platform Raft announced today the successful completion of its Series B funding round, raising $30 million in investment. The funding round is led by global VC investor Eight Roads with participation from existing investors Bessemer Venture Partners, Episode 1, Dynamo Ventures, and Moguntia Capital. Founded in 2017, Raft—formerly known as Vector.ai—helps key players in the logistics industry apply AI to their daily tasks and customer interactions. The fresh capital infusion will increase the development and deployment of Raft’s core automation products, improve data collaboration across the ecosystem—including mission-critical emissions and visibility data—and deepen Raft’s market reach. “We founded…
Under the patronage and attendance of His Excellency Ahmed Mahboob Musabih, Director General of Dubai Customs and CEO of Ports, Customs and Free Zone Corporation, the government department honoured distinguished clients for July. His Excellency directed the organization of a monthly ceremony to honour the government department’s distinguished clients as part of the department’s plan to enhance customers’ happiness, confirming that Dubai Customs’ clients are partners in the success and leadership the department achieves locally and globally. Yousef Al-Hashimi, Executive Director of the Customer Management Division (Acting), and Edris Behzad, Director of the Client Happiness Department, attended the ceremony. During…
Simon Mason, Chief Operating Officer & Chief Revenue Officer at Writer Relocations shares his thoughts on how important it is to preserve the movement of fragile antiquities… For art lovers, artefacts are significant. The art market, physical or figurative sources of art comprising paintings and music, is an important sector, considering it forms an essential part of most influential homes. Moving delicate, valuable, and priceless artworks requires specialised care and expertise. As such, it is necessary to plan each step with extra care to avoid damaging those precious artefacts. As every artwork is unique, it requires personalised care. Without the…
On July 7, 2023, the container ship NewNew Polar Bear left St. Petersburg on its maiden voyage. Glavsevmorput’s marine headquarters (part of Rosatom State Corporation) will provide information and navigation support and the duty of nuclear-powered icebreakers for the newly established regular container transportation service via the Northern Sea Route (NSR) between China and Russia. The new line is a joint project of the international shipping line Hainan Yangpu Newnew Shipping Co and cargo agent Torgmoll. The NewNew Polar Bear, a reinforced ice-class container ship, has a capacity of 1600 TEU (a unit of measurement equal to the volume occupied…
AIT Worldwide Logistics proudly announces its expansion to the Middle East with a new office in Dubai, the most populous city in the United Arab Emirates. The new location is an investment to fulfil key customers’ evolving shipping needs while enhancing the region’s global freight forwarder’s supply chain solutions. Ideally situated as a central consolidation and distribution point for the Eastern Hemisphere, AIT-Dubai serves shippers whose supply chains utilize the increasingly popular multimodal location to transload freight from air to ocean. The UAE is a top-three trading partner with India, and much of the cargo passing through is bound for…
Al Masaood Commercial Vehicles and Equipment (CV&E) has further strengthened its partnership with Lavajet by providing a fleet of 134 UD Trucks to enhance the waste management sector in the Al Ain region. The division of Al Masaood Group is the sole distributor of UD Trucks in Abu Dhabi. Al Masaood CV&E has collaborated with Lavajet for the last four years to provide aftersales services for Croner and Quester Trucks in the waste management segment utilised by TADWEER – Abu Dhabi Municipality’s Waste Management Centre. As part of the new contract, Euro 5 versions of Quester and Croner trucks will…
The head of the World Trade Organization has named Tarek Sultan, Vice Chairman of Agility, to a new 10-member Business Advisory Group created to share the views of businesses on trade and regulation. WTO Director-General Ngozi Okonjo-Iweala said, she created the group and a second Civil Society Advisory Group to strengthen her engagement with business and civil society. “I have observed a strong desire to share perspectives on the impact of trade and trade rules on their constituents. By establishing the advisory groups, I aim to facilitate such exchanges more regularly,” she said. Based in Geneva, the WTO has 164…
AJEX Logistics Services, a Saudi-headquartered Middle East specialist in express distribution and shipping solutions, is pleased to announce its strategic partnership with Kerry Logistics Italy to introduce the AJEX-KERRY Ocean-Express service. This innovative collaboration will provide the fastest and most efficient end-to-end, multimodal land-sea-land freight transportation solution available in the market. The AJEX-KERRY Ocean-Express service represents a game-changer in sea freight transportation, combining land, rail, and sea routes to significantly reduce transit time to only 16 to 22 days. From 30 European countries to Saudi Arabia, via Genoa, Italy to Jeddah Port, it outperforms traditional sea freight services, allowing businesses…