The world’s fourth-largest port operator may kick off the sale as early as this week and is likely to raise an Islamic bond, or sukuk.
The move will end the prospect of its Oman-listed majority owner listing Topaz in London
Blockchain technology is being leveraged at Tristar for business relationships as a single point of access for all documents/records, and the managing of trusted data with little or no use of paper.
By boosting its merchant fleet, parent company ADNOC will be able to sell more of its commodities on a ‘delivered basis’, increase its global reach, unlock new market opportunities and extend the value of its supply chain.
The project will result in an annual energy savings of 3,019,679 kWh for JAFZA, thereby saving AED 1.3-million annually.
The two firms have been working together since 2010, with Petrasco starting its logistics support for Flowline in the Middle East three years ago.
SirajPower will deliver a first batch of 15 MW to DP World’s facilities in Dubai located at Jebel Ali Free Zone (Jafza) and National Industries Park, with a 22-year lease agreement to help the company save its energy consumption.
The new organisational structure will be operational as of 1 January 2019.
By combining the solutions offered by ALEC Energy and Smart4Power, warehouse operators in the UAE can almost eliminate their carbon footprint in terms of energy use.
Solar plant on roof of Aramex warehouse is largest single-rooftop solar photovoltaic plant in the MENA region with 9,000 solar panels, covered over a total roof area of 38,000 square meters.
DP World and its flagship subsidiary Jebel Ali Free Zone (Jafza) will be participating in the Water, Energy and Environment Technology Fair (WETEX) in Dubai.
Topaz Energy and Marine, a leading offshore support vessel company, has announced a new contract with global energy giant, TOTAL, to support its operations in the Azerbaijani market.
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