Tuesday 23 May 2017
 
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Ford names Jim Hackett as new president and CEO

Ford Motor Company today named Jim Hackett as its new president and CEO and announced key global leadership changes designed to further strengthen its core automotive business and accelerate a strategic shift to capitalise on emerging opportunities. He succeeds Mark Fields, 56, w

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DMCC chief holds trade talks in Perth

Dubai Multi Commodities Centre (DMCC) executive chairman Ahmed Bin Sulayem has conducted a series of meetings with senior government officials of Western Australia (WA) in Perth to enhance bilateral relations and further bolster trade between the DMCC, the world’s leading and most interco

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Alba wins corporate governance award

Aluminium Bahrain (Alba), the Bahrain-based aluminium smelter, has won the Ethical Boardroom Corporate Governance 2017 Award in the Middle East. The award recognised Alba for its outstanding corporate governance policies as well as maintaining good practices in accountability and

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Dafza holds India forum; eyes investments

The Dubai Airport Freezone Authority (Dafza) has organised a special forum for Indian businesses under the theme ‘India: A Strategic Partner for Growth in an Evolving Global Economy’.   The forum was attended by Dr Mohammed Al Zarooni, director gener

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Grid inter-connectivity to net $33bn savings for GCC

Grid inter-connectivity between the GCC countries will generate $33 billion in investments, economic and energy savings for the bloc over the next 25 years, reported The Gulf Times, citing data from leading global consultant Dun & Bradstreet. The GCC Interconnection

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New hub to drive SME, start-up growth in Saudi

The Small and Medium Enterprises General Authority of Saudi Arabia has announced the establishment of HUB1006, an operating entity for a series of entrepreneurial hubs focused on growing the SME and start-up sectors across the Kingdom. HUB1006 was launched during the Impact to In

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Tanzanian group makes debut at Index

Tanzania’s luxury furniture brand Molocaho by Amorette is making its debut at the Index Design Series 2017 expo in Dubai in a big way with the launch of M-Luxury Chair, the world’s only Tanzanite encrusted hardwood chair worth $98,000. A leading interiors and design t

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Lanxess to focus on new halogen-free polyesters, polyamides

Specialty chemicals company Lanxess will inroduce its new halogen-free, flame-retardant polyesters and polyamides the upcoming Plastics in E&E Applications conference at Marienberg Fortress in Würzburg, Germany, on May 30 and 31. Participants at the event range from plas

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Siemens completes extensive service at Dewa plant in record time

Siemens has completed extensive service operations on the gas turbines at Jebel Ali K-station in a record time of only 29 working days, a notable accomplishment for a project of this scale, the company said. The power plant is located in Dubai and owned by Dubai Electricity and W

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GAC Dubai Contract Logistics ops win ISO certification

GAC Dubai’s commitment to quality and food safety has earned it ISO 22000:2005 accreditation. The certification comes after a stringent DNV audit which confirmed the company’s compliance with the internationally recognised standard, the company said. It builds on the

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