Global container rates stabilise amid supply chain shift

Driven Opens Dubai’s Largest Real Estate Office in Downtown

Driven | Forbes Global Properties has officially inaugurated its new 43,000-sq-ft headquarters in Downtown Dubai, just steps away from the Burj Khalifa. Spread across two floors, the office now holds the distinction of being Dubai’s largest real estate workspace. The move follows the firm’s AED 505 million acquisition of Emaar Square Building 3 in November 2024. This strategic expansion marks a significant milestone in the company’s long-term growth plan and reflects its deepening commitment to the UAE’s evolving real estate market. As Dubai moves steadily toward becoming a tier-o..

Johnson Controls Marks 140 Years of Innovation Globally

Johnson Controls (NYSE: JCI), the global leader in smart, healthy, safe and sustainable building solutions, is celebrating 140 years of innovation and global impact. Since its founding in 1885, the company has pioneered building advancements—from developing the first automatic sprinkler system to the first room thermostat—and today delivers a broad portfolio of HVAC systems, fire protection, and smart security solutions across the full building lifecycle. As Singapore celebrates SG60, marking 60 years of independence, Johnson Controls congratulates the nation and highlights its ongoin..

MHI to Supply Water Pumps for China’s Sanmen Nuclear Plant

Mitsubishi Heavy Industries, (MHI) has secured an order to supply four circulating water pumps (CWPs) for Units 5 and 6 of the Sanmen Nuclear Power Plant in China. The order has been placed in collaboration with Dongfang Electric Machinery Co. (DFEM), a core company of the Dongfang Electric Group, one of China’s top three heavy electrical equipment manufacturers. This marks the first collaboration between MHI and DFEM, under which both companies plan to jointly expand their presence in the circulating water pump market for nuclear power plants in China. The Sanmen Nuclear Power Pla..