Friday 17 August 2018

Saudi Aramco JV renews Jacobs' engineering contract

Jacobs Engineering Group said it has received a two-year contract renewal from Saudi Aramco Total Refining and Petrochemical Company (Satorp) for its subsidiary in the kingdom - Jacobs Zamel and Turbag Consulting Engineers (Jacobs Zate) - to provide general engineering services at Satorp's


Swiss firm to build German Pavilion at Expo 2020

A consortium comprising Cologne-based agency facts and fiction and Swiss construction company Adunic has won the bid to design and build the German Pavilion at Expo 2020 Dubai. While facts and fiction will be responsible for content, exhibition and media design, building the pavi


Sohar Aluminium in deal to set up $100m Oman plant

Oman’s Sohar Aluminium said it has partnered with Synergies Castings, a leading Indian manufacturer of aluminium alloy wheels, to set up a new $100 million manufacturing plant in the sultanate. Synergies Castings is a leading non-ferrous component company, manufacturing fou


Oman's Galfar nets $1.2bn orders in H1

Oman-based Galfar Engineering and Contracting has achieved an order-book of RO471 million ($1.22 billion) as of June 30, 2018, boosted by a raft of oil and gas contracts, said a report. Despite delays in the bidding and award process, Galfar bagged fresh orders of RO76 million in


RSA inks deal with top UAE 3D printing group

RSA Global, a leading third-party logistics provider, has joined forces with UAE-based Immensa Technology Labs, a leading additive manufacturing (AM or 3D printing) company, for the successful deployment of its virtual warehousing solution. With the implementation of these revolu


Bahrain's massive residential project on track

Work is progressing at a steady pace on the massive 1-million-sq-m government housing project coming up in Al Ramli which, on completion, will provide 4,501 residential units for 29,260 people, reported the Gulf Daily News, our sister publication, citing the Housing Minister Bassem Al


EMPG raises $50m as part of investment round

Emerging Markets Property Group (EMPG), the parent company of leading property portals in the Mena (Middle East and North Africa) and South Asia regions, has wrapped up a first close of $50 million as part of a substantially larger investment round. In addition to in th


Manazel H1 net profit surges 135pc to $36m

Manazel Real Estate, a leading UAE developer, has posted a net profit of Dh132.9 million ($36.2 million) for the first six months of the year, up 135 per cent compared to Dh56.6 million during the same period in 2017. Announcing the 2018 first half results, Manazel said its net c


Eaton explores ways to ease evacuation of high-risk towers

Eaton, a global technology leader in power management solutions, is exploring ways to improve the evacuation of high-risk buildings. The company has released a whitepaper, Improving the Evacuation of High-Risk Buildings with Adaptive Exit Guidance, which charts the evolution of e


Rapid Access to roll out new brand identity

Rapid Access, a leading provider of powered access solutions in the Middle East region, is set to roll out its new brand identity. Rapid Access has operated in the Middle East for over 20 years, providing industry-leading service and expertise in working at height.

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