Friday 18 August 2017

Materials handling event to showcase virtual reality technology

Intralogistics managers attending the upcoming Materials Handling Middle East exhibition in Dubai, UAE, will learn how they can optimise the flow of goods in an automated warehouse using virtual reality 3D technology. More than 130 exhibitors from 21 countries representing 250 br


Emirates SkyCargo offers new temperature protection solution

Emirates SkyCargo, the freight division of Emirates, revealed that it is rolling out a new white cover solution, developed in collaboration with DuPont, that offers enhanced protection for temperature sensitive cargo in hot, cold and wet weather conditions. The the new White Cove


Topaz Energy H1 revenue down 23pc to $116m

Topaz Energy and Marine, a leading offshore support vessel company, has posted a revenue of $115.6 million for the first half of the year (H1), a decrease of 22.7 per cent against corresponding revenue of $149.5 million in H1 2016. This decrease is mainly due to off-hire of barge


Shell completes sale of Sadaf stake to Sabic

Royal Dutch Shell has completed the sale of its 50 per cent share in Sadaf, a petrochemicals joint venture located in Al Jubail, Saudi Arabia, to Saudi Basic Industries Corp (Sabic) for $820 million. Sabic already owns the other 50 per cent stake. This sale was announced in Janua


Hensoldt takes over aircraft electronics provider EuroAvionics

Hensoldt, a recently founded German sensor house, has taken over the Pforzheim-based company EuroAvionics, a supplier of avionics systems for helicopters and UAVs. Now that all the legal requirements have been met, the signed share purchase agreement has taken effect.


Gulf Craft to debut superyacht at top European shows

UAE-based Gulf Craft, a major manufacturer of luxury yachts and fibreglass boats, will debut the latest superyacht addition to its Majesty Yachts brand – the Majesty 100, at the upcoming Cannes Yachting Festival and Monaco Yacht Show. The Cannes Yachting Festival will take


Oman studies $2bn investment in aquaculture ventures

Oman’s Ministry of Agriculture and Fisheries is considering several proposals for developing aquaculture ventures in the sultanate, which would entail investments reaching in excess of $2 billion, said a report. The projects promise to ignite the growth of a strong economic


Bahrain firms urged to take part in Russia food show

Food and Agriculture Committee at Bahrain Chamber of Commerce and Industry (BCCI) has called on Bahraini businessmen and traders to participate in the World Food Moscow Exhibition to be held next month, in Moscow, Russia. The event will take place from September 11 to 14, at the


Agricultural projects worth $190m launched in Morocco

A total of 39 agricultural projects, with a budget of MAD1.8 billion ($190.2 million) in Morocco were recently inaugurated by the country’s Minister of Agriculture Aziz Akhannouch in Tinghir, said a report. The projects are part of Morocco’s Green Plan and aim to prom


Iran, Belarus to implement transport corridor project

Iran and Belarus have called for stepping up interaction to implement the North-South international transport corridor project, said a report. The two sides discussed the prospects of Belarus - Iran cooperation in transportation and logistics, the Belarusian Ministry of Foreign A

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