Friday 19 December 2014

DMCA assists fishermen in getting marine driving licenses

Dubai Maritime City Authority (DMCA) has started assisting fishermen in the emirate in obtaining their marine craft driving licenses after completing the necessary requirements. It is also offering offering training, guidance and technical consultation services to local fishermen


ABB wins $55m substation project

Switzerland-based ABB has won an order worth around $55 million from Dubai Electricity and Water Authority (Dewa) in the third quarter to build a substation that will integrate power from the Mohammed bin Rashid Al Maktoum solar park. The gas-insulated switchgear (GIS) substation will


Northrop & Johnson to open new office in France

Northrop & Johnson, one of the world's leading luxury yacht brokers, is set to open its new European flagship office at Antibes, a resort town in southeastern France, on January 1. Located on the iconic Port Vauban, Northrop & Johnson’s Antibes office is perfect


Napco posts net profits of $1.2m

National Aluminium Products Company (Napco), a leading extruders of aluminum profiles in the GCC, has posted strong performance for the first three quarters of the year, with net profits worth more than RO486,000 ($1.2 million). Its revenues totalled to RO13.5 million, reflecting


DP World wins key investor backing for EZW buy

Shareholders of DP World have approved buying Economic Zones World (EZW) from its majority shareholder and also backed the port operator's delisting from the London Stock Exchange, the Dubai-based company said on Thursday. The assent was granted at a meeting on Thursday, with


PepsiCo opens new snacks plant in Saudi Arabia

PepsiCo, one of the world’s largest food and beverage companies, has opened it all-new snacks plant in Dammam, Saudi Arabia, the group's 15th facility in the Middle East region.   Demonstrating the group's commitment to the Middle East, Indra Nooyi, PepsiCo cha


China industrial activity shrinks in December

Activity in China's factory sector contracted in December for the first time in seven months, the latest in a string of weak economic indicators that will intensify calls for more stimulus measures to head off a hard landing. The flash HSBC/Markit manufacturing purchasing man


Jeeves joint venture launches operations in Doha

Jeeves of Belgravia, a London-based garment care company offering dry cleaning and laundry services, has opened its operations in Doha, Qatar. The company is capitalising on the growing local and regional demand for world-class dry cleaning and laundry services, said a report in


EAG inducts new Embraer Legacy business jet in Oman

Empire Aviation Group (EAG), a Dubai-based private aviation services company, has inducted a new Embraer Legacy 650 business jet into its managed fleet based in Oman. The Legacy 650 is for an existing owner and will be managed for private use only from Oman, where EAG manages thr


Egypt set to pass mining, industrial land laws

Egypt will pass laws next week related to mining and the allocation of industrial land as it pursues reforms to attract foreign investors deterred by political turmoil, the investment minister said on Tuesday. But Asharf Salman gave few details about the content of the laws at a

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