Monday 16 January 2017

Kärcher confirms participation at EcoWaste 2017

Kärcher, a leader in innovative cleaning technology solutions, has confirmed its participation at the 2017 EcoWaste Exhibition, which opened today at the Abu Dhabi National Exhbition Centre. The Kärcher stall will be located at Hall 2, Stand No. 2350. Hel


Gulf Industry Fair to host two major forums

Gulf Industry Fair 2017, the GCC’s industrial B2B showcase, breaks new ground by hosting two major forums that will highlight Bahrain’s key role as a conduit for industrialisation in the GCC.     The Fair will host the India Business Partnership Summit on Feb


GE unit wins new Alba power plant deal

GE Power, a division of GE, today announced an order from Aluminium Bahrain (Alba) for a turnkey combined-cycle power plant, including three GE HA gas turbines, which will power the world’s largest single-site smelter.   This win marks the first order for GE H-Class tu


Acwa Power agrees new Jordan PV deal at record-low rate

Acwa Power has agreed with the Government of Jordan to develop, finance, construct, own and operate a new 61.3 MWp photovoltaic project in Risha, a province in Eastern Jordan. Acwa Power submitted a record-low tariff of 42 Jordanian fils per kWh, the lowest tariff for solar energ


Boskalis wins $533m Oman port contract

Royal Boskalis Westminster (Boskalis), a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors, has been awarded a €480-million ($533 million) contract for the design, procurement and construction of a bulk liquid berth terminal a


Oman Shipping signs 3-year deal with Shell

Oman Shipping Company (OSC) today announced that its subsidiary, Oman Charter Company (OCC), has entered into a contract of affreightment (COA) agreement with Shell International Eastern Trading Company (Shell) for three years.  The contract grants Shell access to the Very L


Ericsson HEVC encoding technology wins top award

Ericsson's E2E UHD Live Broadcast Ecosystem HEVC Card has won the award for Best Encoding and Transcoding Solution in the Pay-TV and Online Video category at this year’s Fierce Innovation Awards. Recognised by a panel of global TV industry experts as one of the most inn


3M appoints Karim Sarahni as MD in Saudi Arabia

3M, a global science-based company, has appointed Karim Sarahni as managing director for its operations in Saudi Arabia. In an effort to realise the Saudi Vision 2030, Sarahni will lead 3M’s strategic plans to invest in the country following the foreign-owned trading licens


Dubai Investments targets Mideast solar energy market

Dubai Investments (DIC), a leading, diversified investment company listed on the Dubai Financial Market, is targeting a strong growth in the booming solar energy market through its subsidiary Emirates Insolaire. Emirates Insolaire, DIC’s joint venture with SwissINSO Holding


GCC real GDP growth to stay weak this year: Moody's

The real GDP growth in the GCC in 2017-18 is likely to remain weak by historical standards with an average of 1.6 per cent and ranging from 0.7 per cent for Saudi Arabia to 3.3 per cent for Qatar, a Moody's report said. The negative outlook for sovereign creditworthiness in 2

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