Friday 27 November 2015

UAE Ministry of Economy, GE sign innovation deal

UAE Ministry of Economy and GE have signed a memorandum of understanding (MoU) to strengthen the culture of localised innovation, and inspire UAE Government employees with insights on the innovation and entrepreneurship. The MoU was signed by Abdulla bin Ahmed Al Shalleh, underse


Bridgestone Middle East launches new tyre

Bridgestone Middle East and Africa, a subsidiary of Tokyo-based Bridgestone Corp, has introduced the 325/95R24 G582 extra tubeless tyre, throughout the Middle East region. The 325/95R24 will target mainly the long distance tipper-trailers and general cargo trucks operating on the


Honeywell engines to power new Cessna jet

Honeywell Aerospace, a leading manufacturer of aircraft engines and avionics, will power the new Citation Longitude super mid-size business jet from Cessna Aircraft Company, a subsidiary of Textron Aviation, a Textron Inc company. Honeywell’s newly designed engine will prov


EGA launches $4.9bn loan syndication

Emirates Global Aluminium (EGA), one of the world’s leading aluminium producers, will launch the syndication for its $4.9 billion, seven-year corporate facilities tomorrow (November 24). The syndication comprises a conventional facility and a commodity murabaha facility.


Canon Emirates to be official ICT print provider for Dubai Airshow

Canon Emirates, a leading provider of imaging and information technology solutions, has signed a landmark agreement with Dubai Airports to serve as the 'Official ICT Print Provider' for three editions of the Dubai Airshow from 2015 to 2019.    This


RWI launches new products at Big 5

Rubber World Industries (RWI) will be launching the Gulf-O-Flex PVC Premium Tape and its latest line of anti-noise vibration pads, during this year’s edition of ‘The Big 5 International Building and Construction Show’, in Dubai, UAE. RWI, part of the internation


Etihad Airways Engineering gets aviation safety approval

Etihad Airways Engineering, a leading aviation maintenance, repair and overhaul (MRO) provider in the Middle East, has become the first organisation in the region to be granted an extended Part21J Design Organisation Approval (DOA) by the European Aviation Safety Agency (EASA) to undertake ma


SIAL Middle East to highlight key industry issues

The key issues and global trends impacting the food, beverage and hospitality sectors will be highlighted during the SIAL Middle East 2015, to be held next month, in Abu Dhabi, UAE. The event will host a line-up of four focused summits scheduled for the three-day event which kick


ASEC Cement finalises sale of two units for $127m

ASEC Cement, a subsidiary of Egypt-based Qalaa Holdings, has finalised the sale of ASEC Minya Cement and ASEC Ready Mix to Misr Cement Qena for a total of EGP1 billion ($127.7 million). In addition to the proceeds generated for Qalaa, the sale of ASEC Minya and Ready Mix will res


Airbus set to pick buyer for defence electronics

Airbus aims to pick a buyer for its defence electronics unit by the end of 2015 as part of its plan to dispose of assets with combined revenues of around 2 billion euros ($2.13 billion), chief executive Tom Enders told a German newspaper. "The sales process for the defence e

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