Monday 26 January 2015

Deep Casing Tools opens new brand office in Jafza

Deep Casing Tools has established a new brand office in Jebel Ali Free Zone (Jafza) in the UAE. Local sales and operational services have contributed to the company’s success and the establishment of a new regional base underpins the commitment to customers, said a statemen


Yemen’s Hodeidah port set for $300m expansion

The port of Hodeidah in Yemen is set for expansion at a cost of $300 million, which will include the deepening of the navigation channel, according to a report. The expansion will include the deepening of the navigation channel up to a depth of 12 metres in the first stage and th


Johnson Controls, Hitachi to form HVAC venture

Johnson Controls, Hitachi and Hitachi Appliances have entered into a definitive deal for their global HVAC joint venture at the ongoing World Economic Forum in Davos, Switzerland. The new joint venture will allow both companies to deliver the most diverse technology portfolio in


Egypt-UAE in deal to develop maritime transport co-operation

The Red Sea Port Authority has signed a deal with the Abu Dhabi Ports to boost maritime transportation co-operation between Egypt and the UAE, according to a report. The deal aims at developing the countries’ maritime transportation system, said the Daily News Egypt report.


Oman plans $258m dairy joint venture

A joint venture mega dairy project with a capital investment of about RO100 million ($258.8 million) is in the pipeline in Oman, in a move to achieve self-sufficiency in dairy production and food security, a report said. The venture is being promoted by state-owned Oman Food Inve


Flexible working emerging trend in UAE

A trend of employees working part-time or in flexible full-time roles is emerging in the UAE, said an industry expert, adding that this is only going to increase in future. Businesses are therefore increasingly under pressure to take action and make sure they have the technology


$170m fish farming project to boost food security in Oman

Oman has signed a third usufruct deal to set up fish farming projects worth RO66 million ($170.8 million) at lands dedicated to fish farming by two private sector companies, according to a report. The first deal was signed with Arabia Marine Development Company to set up shrimp f


Alba backs aluminium symposium

Aluminium Bahrain (Alba) has said it continues to engage with industry peers on global platforms in expanding aluminium's reach across diverse territories. Alba's continuing commitment is demonstrated through sponsorship support for the just concluded Aluminium Symposium


Fire safety seminar is planned at Bahrain expo

Ducab, a leading manufacturer of high quality electrical cable wires and copper products in the Middle East, will be holding a ground-breaking seminar at the Gulf Industry Fair 2015. The seminar conducted on the new 'Code of Practice' is entitled 'BS 8519:2010 Select


Ma'aden to shut ammonia plant for 30 days

Saudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, said on Wednesday its subsidiary will shut down its ammonia plant from January 23 for about 30 days for scheduled maintenance. The closure of the facility in Ras Al Khair belonging to Ma'aden Phosphate

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