Tuesday 30 June 2015

Mubadala buys into Trafigura's Spanish mines

Trading house Trafigura has sold half its stake in three Spanish copper and zinc mines to Abu Dhabi investment company Mubadala as part of a joint venture they are setting up to invest in base metals mining, the companies said. The deal marks yet another move by the Swiss oil-to-


Napco CEO wins top Aiwa award

Oman-based National Aluminium Products Company (Napco), one of the leading extruders of aluminium profiles in the GCC, announced that its CEO has been recognised for an award from Alam al-Iktisaad Wal A’mal (Aiwa), the sultanate’s leading Arabic business magazine published by United


Jebel Ali wins key operations award

DP World’s flagship Jebel Ali Port said it has been recognised for excellence in container terminal operations at the debut Navis Inspire Awards 2015, held in California, US. The award, constituted by Navis, a provider of operational technologies for leading terminal operat


Arab Future Cities to highlight smart cars

Driverless cars and smart transportation solutions will come under the spotlight at the second annual Arab Future Cities Summit in Dubai, UAE. Held under the patronage of Dubai Municipality, the event will take place at Sofitel Dubai The Palm Resort & Spa. “We


TSC Auto ID to showcase marking, labelling solutions

TSC Auto ID Technology, a provider of quality Auto-ID solutions  for transportation and logistics, manufacturing and healthcare, industry and retail, offering a diversified line of innovative and reliable products, is set to present its new and innovative products concerning marking and la


Workers using mobile tech top 244m across ME, Europe

Increased mobile technology usage at work across the Middle East is creating a generation of more efficient ‘desk-independent’ employees. The number of workers using mobile technologies workers across Europe, Middle East, and Africa (EMEA) will reach 244.6 million thi


Juma Al Majid opens new Yokohama showroom in Sharjah

Juma Al Majid Group, the exclusive distributor of high-performance Yokohama tyres in the UAE, has opened a new showroom in Sharjah, as part of its most recent expansion to the network of Yokohama Tire Service Centers (TSC). Over the next three years, the group plans to open six m


Dubai’s theme parks to draw $5bn in revenue

Theme parks in Dubai, UAE, are set to generate close to $5 billion in revenues by 2020 as the country aims to welcome close to 25 million tourists during the period, according to organisers of an upcoming amusement fair in the emirate. “Entertainment and leisure projects wi


Smartworld wins top ISO certification

Dubai-based Smartworld, an Etisalat and Dubai World Central joint venture company, has been awarded a major certification for Information Technology (IT) Service Management. The ISO/IEC 20000-1:2011 is a service management system (SMS) standard, which specifies requirements for t


‘Nutrient stewardship’ crucial for fertiliser industry growth

Furthering ‘nutrient stewardship’ is crucial to ensuring global food security and a key driver of fertiliser industry growth, Gulf Petrochemical Industries Company (GPIC) president Dr Abdulrahman Jawahery has said. “In order to meet food demand of the increasing

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