Friday 18 January 2019

Huawei to showcase AI-driven safe city solutions at Intersec

Huawei, a leading provider of information and communications technology (ICT) infrastructure and smart devices, will be introducing its latest cutting-edge safe city solutions including CCTVs which are aimed at enhancing public safety innovation in the region. As the headline spo


New alliance commits over $1bn to tackle plastic waste

An alliance of global companies from the plastics and consumer goods value chain have launched a new organisation to advance solutions to eliminate plastic waste in the environment, especially in the ocean. The cross-value chain Alliance to End Plastic Waste (AEPW), currently mad


GFH Financial Group buys UK office complex

Bahrain-based GFH Financial Group announced that it has acquired Westside Office Business Park in Hemel Hempstead, UK. Located just north of London and off the M25, the ring road around greater London, the complex comprises four Class A office buildings with approximately 200,000


Abu Dhabi’s Hyperloop ‘to cost $20m-$40m per km'

The world's first commercial hyperloop system, which is set to open in Abu Dhabi in 2020, will cost between $20 million to $40 million per kilometre, said Bibop Gresta, chairman of Hyperloop Transportation Technologies. In an exclusive interview with the Emirates News Agency


NuScale inks key Jordan nuclear power plant deal

US-based NuScale Power said it has signed an agreement with the Jordan Atomic Energy Commission (JAEC) to explore unique capabilities and benefits of its small module reactor (SMR) nuclear power plant in the Arab country. The agreement continues to showcase the immense internatio


Arabian Cement to set up 14GW solar plant in Egypt

Arabian Cement Company, a leading cement producer in Egypt, has signed an agreement with SolarizEgypt for the setting up of a solar photovoltaic (PV) energy plant within its premises in Suez Governorate. SolarizEgypt is a certified company that has been financing, designing, inst


Gas pipeline infrastructure market to hit $2 trillion by 2024

Growing discoveries of unconventional reserves coupled with the increasing number of gas-fired power generation stations across the globe will drive the gas pipeline infrastructure market size, which is likely to exceed a whopping $2 trillion by 2024, said a report by Global Market Insights.


EU countries back definitive EC steel safeguards

European member states, as widely expected, have backed the European Commission’s plan to impose definitive safeguard measures on imports of steel, reported S&P Global Platts. The European Commission will now finalise the procedure, so that the definitive measures can e


McDermott wins Daelim Saudi Arabia project contract

McDermott International, a premier, fully-integrated provider of technology, engineering and construction solutions, has been awarded a sizeable contract by Daelim Saudi Arabia Company for engineering, procurement and construction (EPC) of CB&I storage tanks for the Ma'aden ammonia plan


Al Bahar opens new Caterpillar office in Oman

UAE-based Al Bahar, the authorised Caterpillar equipment and engine dealer in the GCC (excluding Saudi Arabia), has announced the opening of its newest branch office at Sohar region of Oman through its sister concern Oasis Trading and Equipment Company. The new 10,000-sq-m branch

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