OSC is an international full-scale shipping company having a well-diversified fleet of 53 modern vessels. (Image source: ADIB)
The 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
The new Actros elevates safety for all road users, efficiency for operators, and comfort for drivers to unprecedented levels. (Image source: Mercedes-Benz)
Together with ESMA, Mercedes-Benz Trucks has performed a test-drive of the semi-automated Mercedes-Benz Actros from Dubai to Abu Dhabi
Grandweld and KFS signing the contract. (Image source: Grandweld)
Grandweld Shipyard, the UAE-based shipyard, has signed an agreement to build two crew boats to Khalid Faraj Shipping (KFS), the Abu Dhabi-based company in delivering comprehensive marine services and logistical support to offshore oil and gas projects
Tasneef aims to integrate within the framework of maritime on local and international levels. (Image source: Tasneef)
Emirates Classification Society (TASNEEF) has prioritised emiratisation to enhance the UAE maritime
The UAE, New Zealand and Singapore are expected to be the first adopters of air taxis. (Image source: PublicDomainPictures/Pixabay)
Air taxi operations are forecast to commence in 2022 in the Middle East and grow at a compound annual growth rate (CAGR) of 45.9 per cent to reach 430,000 units in operation globally by 2040
