Friday 23 March 2018

KGL Transport wins key US army contract in ME

Kuwait & Gulf Link Transport (KGL), an international logistics firm based in Kuwait, revealed that the US Army has awarded it a new contract to support heavy line haul operations for the US Military throughout the Middle East. Under the terms of the contract, the second of it


Wacker Chemie sales top $6bn in 2017

Germany-based Wacker Chemie, a leading chemical company, reported that its sales reached €4.92 billion ($6.069 billion) in 2017, up 6 per cent year-over-year compared to sales of €4.63 billion ($5.71 billion) recorded in 2016. The rise was mainly due to higher volumes i


Bahrain port to launch IPO by Q4

APM Terminals Bahrain, the operator of the Khalifa Bin Salman Port (KBSP) in Bahrain, has firmed up its plans to launch an initial public offer (IPO) for the port by the end of the current year, a top official at APM Terminal said.   The decision has been taken


Nissan wins 18 awards at Dubai Lynx

Nissan Middle East and Nissan Saudi Arabia have secured a grand total of 18 awards at Dubai Lynx, the region’s premier marketing and creative festival, recently. The honours make Nissan the most decorated brand at the event and the only automaker to receive Grand Prix and G


Saudi Aramco supports Women in Leadership forum

Saudi Aramco participated as a lead sponsor in the Women in Leadership Economic Forum titled “Let’s Talk About Tomorrow,” which opened today (March 19) in Riyadh, Saudi Arabia. The forum brings together up to 1,000 business leaders, entrepreneurs, diversity cham


Top dermatology scientists, experts participate in Dubai Derma

Top scientists, experts and specialists in the dermatology industry are participating at the 18th edition of Dubai World Dermatology and Laser Conference and Exhibition – Dubai Derma, a unique event dedicated to medical, paediatric and aesthetic dermatology, which opened today (March 19)


Mepco sales revenue up 21.5pc in 2017

The Middle East Paper Company (Mepco), a leading vertically-integrated paper manufacturer in the region, reported sales revenue increase of 21.5 per cent for the year ended December 31, 2017, compared to 2016, due to growth in both sales volume and average sales price. Profitabil


Siemens invests $36m in new UK 3-D printing facility

Siemens, a global technology leader, is to make a €30 million ($36.85 million) investment in a new, state-of-the-art manufacturing facility for Materials Solutions, its additive manufacturing or 3D-printing unit, in the UK. The new building in Worcester, set to open in Septe


Alba CEO stresses on strong learning culture

Aluminium Bahrain’s (Alba) progress in empowering and educating its workforce to assume higher leadership positions was highlighted by its chief executive officer Tim Murray at the first Employability Summit held recently. Organised jointly by The Royal College of Surgeons


ME start-up funding to reach $1bn in 2018

Startup funding worth more than $1 billion is likely to be raised in the Middle East this year, according to Arabnet, an online hub for Arab digital professionals and entrepreneurs to connect and learn. The funding could push up the start-up sector which is preparing for AIM Star

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