Sunday 21 September 2014

Flowserve to supply pumping systems for solar plants

Flowserve Corporation, a leading provider of flow control products and services for the global infrastructure markets, is manufacturing key pumping systems for two solar energy projects in Africa, following the completion of engineering.  Production is under way at Flowserve


Lockheed Martin, AEC to set up sniper pod facility in Saudi Arabia

US-based Lockheed Martin and Saudi Arabia's Advanced Electronics Company (AEC) will establish a Sniper Advanced Targeting Pod (ATP) expanded repair capability facility in the kingdom. The unit is the first such sniper support facility to be established outside the US.


Julphar to recruit 300 Emiratis

Julphar, a leading UAE-based pharmaceutical firm, has announced plans to recruit 60 Emiratis every year to reach a total of 300 over the next five years.     The move comes as part of the company's commitment to ‘Absher’, an Emiratisation initiative.


Falcon 7X jet joins South African air show

Dassault Aviation, a French aircraft manufacturer of military, regional, and business jets, is showcasing its large cabin, long range business jet, Falcon 7X, at the Africa Aerospace & Defence (AAD) expo in Gauteng, South Africa. The event, which is currently under way, will extend


Boeing, SpaceX to build 'space taxis' for Nasa

Nasa will partner with Boeing and SpaceX to build commercially owned and operated "space taxis" to fly astronauts to the International Space Station, ending US dependence on Russia for rides, officials said on Tuesday. The US space agency also considered a bid by privat


Alba may look into additional listing in Saudi Arabia

Aluminium Bahrain (Alba) may look into an additional listing of its shares in Saudi Arabia, in what would be the latest blow to Bahrain's stock market which has suffered from low trading volumes since the financial crisis. Such a move would also emphasise the draw of Saudi Ar


Bidders line up for Kuwait's Americana

Up to three bidders could submit offers to buy a majority stake in Kuwait Food Company (Americana) ahead of a deadline for second-round bids in mid-October, sources aware of the matter told Reuters. One of the bidders, Savola Group, said it had appointed JP Morgan to advise on a


Aviation conference to focus on innovation

A major conference focusing on the innovation and transformation in the aviation industry will be held in San Diego, US, next month. The International Air Transport Association (Iata) will host the fourth annual World Passenger Symposium (WPS 2014) California. The event, to be


'Victoria Week’ returns to strengthen Mideast links

The Australian State of Victoria has brought back ‘Victoria Week’ for a third consecutive year as it continues to build on the strong trade and investment links with the Middle East The mission will commence in Muscat, Oman on September 21 and conclude in Dubai, UAE on 


Jafza to highlight facilities at automotive trade fair

Jebel Ali Free Zone (Jafza) is set to highlight advantages of using it as a base of operations for the Middle East and North Africa in a seminar at a top trade fair for the automotive aftermarket in Germany this week. The seminar will take place on the sidelines of Automechanika

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