Monday 29 August 2016

Topaz Energy reports H1 revenue of $149.5m

Topaz Energy and Marine, a leading offshore support vessel company, has reported a consolidated revenue of $149.5 million for the six months ended June 30 this year, compared to $175.4 million during the same period last year. The company reported an EBITDA of $76.6 million for H


Oman promotes Opex event to be held in Iran

The organising committee of the Omani Products Exhibition (Opex) has begun its marketing campaign in Tehran, Iran, to promote the 6th Omani Products Exhibition, to be held next month, said a report. The committee recently organised a meeting at Waljat College of Applied Sciences


Egypt’s GOEIC examines 2,345 tonnes imported goods

Egypt’s General Organization for Export and Import Control (GOEIC) has received approximately 14,720 imported food and industry containers, totalling 2,345 tonnes for examination during July, said a report. The GOEIC’s report revealed that 5,702 imported food containe


Al Namal signs deal with Zamil AC for new mall

Al Namal Group, one of Bahrain’s leading diversified companies, has signed an agreement with Zamil Air Conditioners for the supply of air-conditioning solutions at the Atrium Mall, an upcoming project in the kingdom's Northern Governorate. Al Namal has businesses coveri


Ford to recall 91,000 cars worldwide to fix fuel-pump issue

Ford Motor Co said on Wednesday it was recalling about 91,000 vehicles worldwide to replace faulty fuel-pump parts that could potentially cause a car to stall without warning. Ford said it would replace fuel-pump control modules in about 88,151 vehicles, including certain of its


Rolls-Royce wins $1.5bn engine order with China Eastern Airlines

British engineering company Rolls-Royce said it won a $1.5 billion order for its Trent 700 engines from China Eastern Airlines to power 15 of the Chinese carrier's Airbus A330 aircraft. Rolls-Royce said its Trent 700 engine had been chosen for about 70 per cent of new A330 or


Over 300 experts to attend Sharjah FDI event

More than 300 decision-makers, business leaders and economic experts will discuss latest developments in foreign direct investment (FDI) in the region at the Sharjah FDI Forum, to be held next month, in Sharjah, UAE. The event, titled Sharjah FDI: The Gateway to the Middle East,


Inmarsat certifies Honeywell in-flight wi-fi hardware

Honeywell has secured final certification from satellite service provider Inmarsat for JetWave, the company’s package of exclusive hardware that will allow connection to GX Aviation, the new in-flight broadband service from Inmarsat. Users can consistently and more quickly


Comac to use Victrex solutions for new jet

Commercial Aircraft Corporation of China (Comac) said it will use a combined material/service solution from Victrex for the development of efficient and durable aircraft floor brackets in its new regional jet ARJ21. UK-based Victrex is a leading supplier of high performance polym


Mideast industries' control systems 'face threat'

Middle East-based energy, manufacturing and transportation firms face significant threats to their Industrial Control Systems (ICS), according to a new report. The report by Booz Allen Hamilton, a global consulting and technology firm, highlights threats to ICS in 2016 and 2017,

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