Sunday 27 September 2020

stc joins Pearl Initiative to bolster best practices

Saudi Arabia-based industry giant stc has joined the Pearl Initiative (PI), a major business-led non-profit organisation, to facilitate economic growth through the promotion of the highest standards in corporate governance practices. As part of the memorandum of engagement (MoE)


Seatrade Maritime Middle East set to make a virtual return

Seatrade Maritime Middle East, the region’s leading event in the shipping industry, will kick-off virtually from December 14 to 16, 2020.    Using the latest in digital technology, the three-day interactive online event will bring together maritime bu


Huawei spells out five focus areas at Connect 2020

Huawei, a leading global provider of information and communications technology, will continue to invest in network, computing, cloud service, AI and connectivity even as it creates new value with synergy across these five tech domains.    These focus areas


Wärtsilä to divest its Jovyatlas business

Technology group Wärtsilä has announced the divestment of 100% of the shares in Wärtsilä Jovyatlas to Jacob Waitz Industrie, a German-based industry holding.    Wärtsilä Jovyatlas has been manufacturing UPS systems, rectifiers,


SEC sets up Ports, Border Checkpoints Committee

The Sharjah Executive Council (SEC) has issued decision No.30 of 2020 setting up the Organising Committee of the Ports and Border Checkpoints, which will be affiliated to the Sharjah Seaports, Customs and Free Zones Authority.   The decision was taken at a meeti


World Future Energy Summit set for April 5-7

The World Future Energy Summit (WFES) will return to the UAE capital’s Abu Dhabi National Exhibition Centre (Adnec) from April 5–7, 2021, with a broader market focus and expanded business agenda. Organised by Reed Exhibitions, the business event will feature a new, th


Pilot trial of Eco-Corr Film turns a success

Cortec Corporation’s ‘green’ packaging alternative, Eco-Corr Film, is now used to wrap automotive engines being moved from their manufacturing facilities in the Czech Republic for ocean transport.   Cortec, a leader in corrosion protection solu


Siemens Energy launches new Unified Power Flow Controller

With its new Unified Power Flow Controller, called UPFC PLUS, Siemens Energy is expanding the options for grid stabilisation.    The UPFC PLUS will help system operators stabilise the grid by dynamically controlling the load flow in alternating-current grid


Covid-19 to cut demand for heavy truck trailers

East European demand for both trailers and trucks has continued to plunge in 2020 following the onset of Covid-19.     The East European trailer demand forecast for the five-year period from 2020 to 2024 has been reduced by 52,000 trailers with the lar


Saudia Cargo adds Boeing 747-400F freighter

Saudia Cargo has added a Boeing 747-400F freighter, taking the total number of its fleet to seven aircraft.   The company said the new aircraft will boost the cargo and supply operations and help meet the significant surge on the demand for medicine, medical and

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