Tuesday 27 January 2015

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


Iranian firm wins $40m cable supply order

Iran's Abhar Cable & Wire Company has won a $40-million contract from the Iraqi government for supply of high voltage cables for the electricity ministry, said a report. Alireza Kolahi, the managing director, said the company clinched the contract amid tough competition f


Alba wins 3 major awards at MEET ICT Bahrain

Aluminium Bahrain (Alba) won three major awards for its commitment to international standards of excellence and workplace efficiency  at the MEET ICT Bahrain 2014 Awards. It includes the ‘Business & Commerce Application Category’ Award for Implementation of B


Ericsson participates in top media event

Ericsson, a world leader in communications technology and services, is currently participating in the IBC-Content Everywhere Mena 2015 event, and showcasing its latest Tv and media solutions, in Dubai, UAE. The event which began recently (January 20) will run until January 22, an


UMG launches new diver safety system

Unique Maritime Group (UMG), a leading integrated turnkey subsea and offshore solution provider, has announced that it has set up the first Hyperbaric Reception Facility (HRF) in the Middle East thus raising the safety level for all divers currently operating in this area to a new level.


Sahara unit signs $522m loan refinancing

Saudi Arabia's Sahara Petrochemical Company said its subsidiary Al Waha Petrochemicals had secured SR1.96 billion ($522 million) from two local lenders to refinance an existing Islamic loan. The previous loan amount wasn't given but the firm said the deal had been signed

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