Wednesday 30 July 2014

Suez Canal revenue up 9.7pc in June

Revenue from Egypt's Suez Canal was $443.9 million in June compared with $404.6 million in the same month a year ago, the State Information Portal said on Monday. May revenues stood at $471.1 million. The waterway, the fastest shipping route between Europe and


Rolta wins new deal from Sadara

Rolta, a top engineering and IT company, has won an additional scope of work to implement a comprehensive engineering information system within Sadara Chemical Company’s Jubail integrated chemical complex.   The multi-


Etihad Rail, NewPort sign partnership deal

Etihad Rail has entered into a partnership with NewPort Tank Containers, aimed providing cost-effective cargo transport services.   The Memorandum of Understanding (MoU) was signed by Faris Saif Al Mazrouei, acting CEO of Etihad Rail, the developer and operator of the UAE&rsq


Mideast packaging industry to grow 5pc annually

The $4 billion worth flexible packaging industry in Middle East and Africa is forecast to grow five per cent annually and is one of the fastest growing sectors in the manufacturing industry in the region, according to an expert.  


Yokogawa releases new production control system

Yokogawa Electric Corporation has announced the release of Centum VP R5.04, an enhanced version of the company’s flagship integrated production control system. This new Centum release features enhanced alarm and batch functions, it said. The development of Ce


Delta Food to invest $11m in expansion

The UAE-based Delta Food Industries has announced plans to invest $11 million in expanding its factories to boost its food exports to the Middle Eastern and African regions. The new factory will be expanded over an area of 110,000 sq ft at the Sharjah Airport International Free Z


Bahrain truckers face new causeway agony

Truckers in Bahrain are once again facing days of delay as they try to cross the King Fahad Causeway.   Transport Association head Ahmed Dhaif said that drivers have been waiting for up to five days at a time to cross the bo

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