Wednesday 4 March 2015

Senaat, Japanese steel giants form UAE JV

Senaat, one of the largest industrial holding companies in the UAE, has entered into a joint venture with a consortium made of two of Japan’s leading companies in the steel sector to manufacture and sell large diameter high quality sour grade steel pipes. With a total inves


E-marine plants fleet expansion with dock trials

E-marine, a principal provider of submarine cable installation and repair solutions in the Middle East and Sub-Continent region, has unveiled plans to expand its fleet of cable ships this year, with the first ship, the CS Maram, beginning dock trials ahead of its maiden voyage this year.


Saudi shipper Bahri plans $1bn sukuk

National Shipping Company of Saudi Arabia (Bahri) plans to sell 10-year sukuk worth SR3.9 billion ($1.04 billion) by the end of March, a company executive said. The firm has chosen HSBC, JP Morgan and Samba Capital, the investment banking arm of Samba Financial Group, to arrange


Digital meter factory to be set up in Oman

Shomoukh Company for Investment and Services, the investment arm of the Public Establishment for Industrial Estates (PEIE); United Anwar al Majd, one of the incubated companies at the National Business Centre; and Linkwell Telesystems recently signed a contract to set up a manufacturing unit in


Bayer Group inaugurates new office in Amman

Bayer Group, a German chemical and pharmaceutical company, has announced the inauguration of its new office in Amman, Jordan. The opening ceremony was held on March 1, in the presence of the group’s regional management. The new offices will accommodate Bayer’s Life Sc


Alstom wins two contracts in Turkey

Alstom, a leading multinational company which holds interests in power generation, electrical grid and rail transport infrastructure, has been awarded two contracts, worth around to €5 million ($5.59 million), for the supply of particulate removal systems for industrial processes in Turkey


Dubai Industrial City, Esma to promote Halal mark

Leading Gulf manufacturing hub Dubai Industrial City (DI) and the Emirates Authority for Standardisation and Metrology (Esma) have announced a strategic partnership promoting the national Halal mark within the UAE, as well as the exchange of knowledge and expertise.     


Gulf Craft showcases $49m worth yachts and boats

Gulf Craft, a leading yacht and boat builder in the UAE, is showcasing yachts and boats worth Dh180 million ($49 million) including the newly launched superyacht, the Majesty 122 and the Nomad 65, at the ongoing Dubai International Boat Show. The show will run till March 7 at the


Over 9,700 visitors attend Saudi PPPP events

Saudi Plastic & Petrochem 2015 and Saudi Print & Pack 2015 (Saudi PPPP), the longest running industrial show in the kingdom, witnessed the attendance of over 9,700 trade visitors during the  three-day run of the event recently. The events, which were organised by the


Drydocks World and Maritime World wins top HSE award

Drydocks World and Maritime World, the international service providers to the shipping, offshore, oil, gas and energy sectors, has won the award of excellence in the field of health, safety and environment (HSE Project/Initiative of the year) award. The ‘Zero Harm’ in

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