Friday 30 September 2016

Alcoa board approves split

Aluminum producer Alcoa Inc said on Thursday its split into two publicly traded companies is expected to be effective November 1, after the company's board approved the separation. Alcoa said last year it would break itself in two, separating a faster growing plane and car pa


Airbus Group to merge with its jetmaking unit

Airbus Group is likely to merge with its main planemaking unit, Airbus SAS, as part of a corporate restructuring being finalised on Thursday, people familiar with the matter said. The restructuring aims to simplify a top-heavy corporate structure inherited from the group's co


Infiniti unveils new engine technology at Paris event

Luxury automaker Infiniti today (September 29) revealed its ground-breaking new engine technology to attendees at the the 2016 Paris Motor Show (Mondial de l’Automobile), in Paris, France. Infiniti’s new VC-Turbo (variable compression turbo) is the world’s first


Mideast market for security, fire safety to see major growth

The Middle East market for security, safety, and fire protection is on track for double digit growth over the next four years, as regional governments and the private sector look for improved technologies to better protect assets, people, businesses, and borders.   Led by Sa


Digitisation 'to impact on automotive aftermarket'

More than 100 professionals of the Middle East’s automotive aftermarket gathered in Dubai, UAE, to discuss the future trends in the industry, with the rise of digitisation likely to have a major impact on the business methods in the region. Valued at $367 billion in 2015, t


Muna Noor to showcase latest products at Oman event

Oman-based Muna Noor, a leading plastic pipe manufacturer, will be exhibiting as a Platinum Sponsor and showcase its latest products at the 6th edition of Infra Oman, to be held next month, in Muscat, Oman. The event, being held under the patronage of the sultanate’s Minist


GOIC organises training course on industrial regulatory law

Qatar-based Gulf Organization for Industrial Consulting (GOIC) recently concluded a training course entitled “Common industrial regulatory law in the GCC countries”, which was held at its headquarters in Doha, Qatar. Trainees from various GCC countries took part in th


Omran releases prime land for sale at Madinat Al Irfan

Oman’s leading development company Omran said it was making available significant investment opportunities at Madinat Al Irfan, the country’s biggest urban development, with the release of 10 major land plots. The company has called upon major players in the fields of


Honeywell to showcase latest portfolio at Wetex

Honeywell will highlight its innovative portfolio of energy and water technology solutions at the 18th Water, Energy, Technology and Environment Exhibition (Wetex) conference, to be held next month, in Dubai, UAE. The event will take place from October 4 to 6, at the Dubai Intern


Lockheed Martin to deliver simulation training system for RJAF

Lockheed Martin will deliver a new simulation-based F-16 training environment for the Royal Jordanian Air Force (RJAF) under a contract valued at nearly $40 million. The family of training systems includes a comprehensive suite of full mission trainers and combat tactics trainers

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