Thursday 21 August 2014

New advisor for MSS Electrical’s Mideast expansion

UK-based MSS Electrical has welcomed Hassan Ramady, a well-respected GCC business consultant, as an advisor to its board. Headed by British brothers Gerard and Liam Hall, MSS Electrical comprises two distinct divisions - LED lighting and wiring accessories, One Electrical and cop


Asry signs key desalination plant project deal

Arab Shipbuilding & Repair Yard Company (Asry), a leading ship and rig repair yard in the Arabian Gulf, has agreed a build-operate-transfer (BOT) contract for the completion and upgrading of a reverse osmosis seawater desalination plant. The agreement, which has an estimated


Nakilat delivers 2 mooring boats for Ras Laffan port

Qatar-based Nakilat, a premier marine company, has delivered two 16-metre mooring boats built by shipbuilder Nakilat Damen Shipyards Qatar for towage operator Nakilat SvitzerWijsmuller. The two Stan Tug 1606 mooring boats — named Ras Al Allaj Qatar and Al Esaiwed— are


Intertek expands AeroCheck network into UAE

Intertek, a leading provider of quality and safety services to a wide range of industries, is expanding its global network of AeroCheck laboratories into the UAE. The UAE is a major and growing aviation hub for the Gulf and the Middle Eastern region, said a statement.


Emirates SkyCargo to launch freighter service to Basel

Emirates SkyCargo, the freight division of Emirates, is set to further strengthen trade lanes between Switzerland and its worldwide network with the introduction of a weekly freighter service between Basel and Dubai. The new freighter flight, starting September 21, will supplement the


Bahrain firm, Egypt army win massive Suez project

Egypt has chosen a consortium that includes the Egyptian army and Bahrain-registered engineering firm Dar Al-Handasah Shair and Partners to develop an industrial and logistics hub in the Suez Canal area. The Suez Canal is the fastest shipping route between Europe and Asia and bri


Industrial services revenue to hit $818m

The industrial services market has earned revenues of $549.3 million in 2013 and is estimated to reach $818.5 million in 2018, at a growth rate of 8.3 per cent per annum, according to a recent analysis. The new analysis from Frost & Sullivan, titled ‘Strategic Analysis


Savola confirms talks with Americana shareholder

Major Saudi Arabian food producer Savola Group said on Tuesday it had conducted preliminary talks with one of the largest shareholders in Kuwait Food Co (Americana) on a potential purchase of that shareholder's stake. Savola said it had signed a non-disclosure agreement with


Emirates Steel focuses on value-added products

Emirates Steel, a leading steelmaker in the UAE, is set to expand its global presence and add more value-added steel to its product basket. The company’s plan is to sharpen its focus on high-margin, high-strength value-added products (VAPs), said a statement.


Americana says no knowledge of Savola talks

Kuwait Food Company (Americana) said on Monday that it had no knowledge of any talks with Saudi Arabia's Savola Group on a possible acquisition of Americana. "The board and executive administration deny knowledge of any negotiations with Savola regarding an acquisition o

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