Folk Maritime expands sustainability and connectivity in Middle East shipping
Trade facilitation specialist Folk Maritime Services has secured a strategic agreement with Shanghai CIMC Yangshan Logistics Equipment to purchase 5,600 advanced, fully recyclable shipping containers, revealed the company’s CEO. The move is part of the Public Investment Fund-owned company’s broader strategy to promote sustainability and drive technological innovation in the Middle East’s maritime industry. Poul […]
Startup Wrap – MENA startup ecosystem flourishes as year comes to an end
Startups across the Middle East and North Africa region are gaining momentum, with funding rounds and expansions fueling innovation. From artificial intelligence to fintech, health tech to media, these developments highlight the region’s growing ecosystem and investor confidence. Aiming to boost the regional space, Saudi Venture Capital Co. has announced its investment in the $150-million […]
Harnessing the Sun: Saudi Arabia’s solar revolution
Saudi Arabia is a world leader when it comes to extracting energy sources from the ground, but it is the Kingdom’s drive to harness a power supply in the sky that is attracting attention. Favorable government policies, a shift to meeting energy demands through renewable power, and a reduced dependence on fossil fuels are all […]