Logistics

KIZAD breaks ground on warehouses, showrooms and industrial units

kizad warehouseKhalifa Industrial Zone Abu Dhabi (KIZAD), a subsidiary of Abu Dhabi Ports, has announced the ground breaking for its new products to support and increase the demand for pre-built facilities in KIZAD

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Sharjah initiates funds to alleviate COVID-19 economic impact

waleedalsayeghSharjah Finance Department (SFD) has established a framework worth US$1.09bn to enhance liquidity for the Sharjah banking system in the emirate

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MTC and Asyad to leverage 4IR technologies for logistics sector

LogisticsThe Ministry of Technology and Communications (MTC), Oman and Asyad group have signed a memorandum of understanding (MoU) to leverage ICT in developing the logistics sector in the sultanate

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Velsycon’s vehicles provide transportation solution

VelsyconGermany’s Velsycon, a manufacturer of interchangeable silo systems and special vehicles, has launched a wide range of solutions for different transportation tasks

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ADIB provides US$80mn Sharia’a-compliant financing to Oman Shipping Company

DSC 1196The Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has signed an agreement to provide a US$80mn Shariah-compliant Ijara facility to the Oman Shipping Company SAOC (OSC), a member of the ASYAD Group, for the financing of two VLCC (Very Large Crude Carriers) tankers within the OSC group

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