Thursday 23 January 2020

GCC video surveillance storage market to grow 6.6pc by 2025

The GCC video surveillance storage market is expected to grow at a compound annual growth rate (CAGR) of 6.6 per cent during 2019 to 2025, according to a report by 6Wresearch, a global market research and consulting firm. The report, titled "GCC Video Surveillance Storage Ma


BMW M sells record number automobiles in 2019

The BMW M, a subsidiary of German car manufacturer BMW, has reported a record sale of 135,829 performance/high-performance automobiles in the 2019 financial year. Compared with the previous year, the number of newly registered BMW M automobiles increased by 32.2 per cent, said a


FedEx ranks among ‘most admired' companies

FedEx Corp, a leading express transportation company, announced that it has once again ranked among the most admired companies in the world, according to a survey published in Fortune magazine. The annual “World’s Most Admired Companies” report released lists Fe


Equate starts production of new food-grade PET

Kuwait-based Equate Group, a global producer of petrochemicals, has announced the production of the first successful batch of Viridis 25, a new food-grade polyethylene terephthalate (PET) by Equipolymers (EQP). Leaping forward with a breakthrough innovation to help address the gl


Veolia breaks ground on Saudi waste-to-energy plant

Veolia, a global leader in optimised resource management and the Royal Commission for Jubail via its investment arm JYIC, have started work for the development of a central utilities and waste valorisation plant in the PlasChem Park of Jubail Industrial City.  


Dewa to highlight future possibilities for women

Dubai Women Establishment (DWE) has announced Dubai Electricity and Water Authority (Dewa) as the Strategic Sustainability Partner of Global Women’s Forum Dubai 2020 (GWFD 2020).    To be held under the patronage of His Highness Sheikh Mohammed bin Ra


Phillips 66 selects GAC Hub Agency to support marine ops

GAC Hub Agency has secured a contract with Phillips 66 to support its marine operations in the Americas, Middle East, Asia Pacific and Indian Subcontinent. Under the three-year contract, GAC Hub Agency will manage Phillips 66’s port calls through its compliant and vetted ag


Major dates processing project in Oman to kick off work in Q2

Construction work on Phase 1 of an industrial-scale dates processing complex is set to kick off in the next quarter at a site in the Wilayat of Nizwa in Oman’s Al Dakhiliyah Governorate, said a report. The project is being spearheaded by Nakheel Oman Development Company (NO


Surkus provides growth opportunities to UAE’s SMEs

Surkus, a multi-sided experiential marketing platform offering members exclusive access to paid events and offers in exchange for engagement, has made significant strides in providing growth and exposure opportunities to SMEs in the UAE that fit the needs of a new era of marketing.


ECI supports global exports of UAE steel manufacturer

Etihad Credit Insurance (ECI), the UAE Federal Credit Insurance Company, continues to provide support to UAE steel manufacturers to expand their export business and Conares is the latest company to benefit from this. Conares is a regional major private manufacturer in the UAE, an

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