Saudi Arabia’s strategic plans to safeguard food security for pilgrims

MECCA, Saudi Arabia, June 21, 2023 /PRNewswire/ — Saudi Arabia has successfully managed to achieve an excellent status in the framework of realizing self-sufficiency for several necessary food products before taking up the task of securing food for millions of visiting pilgrims coming from different countries of the world. According to the head of catering… Continue reading Saudi Arabia’s strategic plans to safeguard food security for pilgrims

Xiamen Airlines, Airbus in tie-up to advance sustainable development across aviation industry

XIAMEN, China, June 21, 2023 /PRNewswire/ — On June 21, Xiamen Airlines and Airbus announced a strategic partnership focused on sustainable development during the Paris Air Show. The partnership aims to enhance collaboration in advancing sustainability within the civil aviation sector. Both parties are committed to supporting the United Nations Sustainable Development Goals (SDGs) and… Continue reading Xiamen Airlines, Airbus in tie-up to advance sustainable development across aviation industry

Shared Mobility Market Overview: Ride Hailing And Sharing Services To Drive Growth At A Rate Of More Than 12% – By The Business Research Company

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, June 21, 2023 /PRNewswire/ — As per The Business Research Company’s Shared Mobility Global Market Report 2023, the global shared mobility market size will grow from $271.9 billion in 2022… Continue reading Shared Mobility Market Overview: Ride Hailing And Sharing Services To Drive Growth At A Rate Of More Than 12% – By The Business Research Company

SKF announces electric aviation agreement with Lilium

SKF leads the way in bearing provision for the electric aircraft market GOTHENBURG, Sweden, June 21, 2023 /PRNewswire/ — SKF is today announcing that a supplier agreement has been signed with Lilium, developer of the first all-electric vertical take-off and landing (eVTOL) jet. SKF has supported Lilium on the design of electric motor bearings for… Continue reading SKF announces electric aviation agreement with Lilium

Share-based incentive scheme for the CEO of Kamux for 2023-2026

HÄMEENLINNA, Finland, June 21, 2023 /PRNewswire/ — The Board of Directors of Kamux Corporation has approved a long-term share-based incentive plan for the years 2023-2026 for Tapio Pajuharju, Kamux Corporation’s CEO as of June 1, 2023 (the “plan”). The objective of the plan is to encourage and commit the CEO to implement the strategy and to… Continue reading Share-based incentive scheme for the CEO of Kamux for 2023-2026

Military Drone Industry Booming as Revenues Expected to Reach $17 Billion by 2027

PALM BEACH, Fla., June 21, 2023 /PRNewswire/ — FinancialNewsMedia.com News Commentary – The Military Drone Market is positioned to continue rapid growth over the several years to come. The earliest UAVs were known as remotely piloted vehicles (RPVs) or drones. They were small radio-controlled aircraft first used during World War II for target training for… Continue reading Military Drone Industry Booming as Revenues Expected to Reach $17 Billion by 2027

ZIM Expands Partnership with 40Seas to Offer Flexible Digital Financing Solutions to its Customer Base

HAIFA, Israel, June 21, 2023 /PRNewswire/ — ZIM Integrated Shipping Services Ltd (NYSE: ZIM) announced today the expansion of its partnership with cross-border trade financing platform 40Seas, integrating the 40Seas’ flexible digital financing solution via ZIM’s website as well as Ship4wd‘s, ZIM’s award-winning digital freight forwarding subsidiary. The expanded collaboration demonstrates ZIM’s commitment to transforming traditional shipping practices into the digital… Continue reading ZIM Expands Partnership with 40Seas to Offer Flexible Digital Financing Solutions to its Customer Base

Caterpillar Announces Executive Officer Retirement

IRVING, Texas, June 21, 2023 /PRNewswire/ — Caterpillar Inc. (NYSE: CAT) announced today Chief Legal Officer and General Counsel Suzette M. Long will retire on December 31, 2023, following a distinguished 18-year career at the company. Derek Owens, who currently serves as Vice President and Deputy General Counsel, will assume the role of Senior Vice… Continue reading Caterpillar Announces Executive Officer Retirement

Standard Motor Products Releases 156 New Part Numbers in June

NEW YORK, June 21, 2023 /PRNewswire/ — Standard Motor Products, Inc. (SMP®) has released 156 new part numbers in its June new number announcement. This most recent release provides new coverage in 61 different product categories, and 43 part numbers for 2022 and 2023 model-year vehicles. Continue Reading SMP’s latest release includes new coverage in… Continue reading Standard Motor Products Releases 156 New Part Numbers in June

KIA AMERICA IS ONLY AUTOMOTIVE COMPANY IN THE US NAMED TO THE 2023 TIME100 LIST OF MOST INFLUENTIAL COMPANIES

Fast-Growing Kia is Undergoing a Total Transformation to Reposition Itself Into a Symbol of Innovation, Challenge, and Sustainability Under its ambitious Plan S strategy, Kia plans to invest approximately $25 billion USD to offer 15 EVs globally by 2027, including the all-new EV91 three-row SUV arriving later this year Kia America celebrated its 30th year in… Continue reading KIA AMERICA IS ONLY AUTOMOTIVE COMPANY IN THE US NAMED TO THE 2023 TIME100 LIST OF MOST INFLUENTIAL COMPANIES