Friday 22 March 2019

Saudi Arabia looks to become regional logistics hub: experts

Saudi Arabia’s maritime sector is gearing up to make the kingdom a regional logistics hub and drive forward economic diversification and job opportunities, highlighted leading experts and officials at the recently concluded Saudi Maritime Congress, held in Riyadh. Engineer


ME industrial valves market ‘to hit $4.7bn by 2024’

The Middle East industrial valves market size is projected to reach $4.7 billion by 2024, said 6Wresearch, a global marketing and consulting firm, in a new report. Burgeoning power and energy sectors along with emerging manufacturing industries in the Middle East countries would


DP World posts solid 2018 results, revenue up 20pc

DP World, a global operator of shipping terminals based in Dubai, has recorded strong financial results for the year ended December 31, 2018 revenue grew 20 per cent. Announcing the 2018 results, the Dubai group said its adjusted ebitda increased 13.7 per cent with adjusted ebitd


UAE office, logistics sectors 'attractive property assets'

The UAE real estate investment market witnessed upward pressure on yields throughout 2018 mainly due to a two key sectors - office and the logistics and industries sectors, according to Knight Frank, a leading independent global property consultancy. The office sector has seen a


Firm launches first hearing device with AI in UAE

Starkey Hearing Technologies recently launched the world’s first multipurpose hearing device that tracks brain and body health, with artificial intelligence (AI) and integrated sensors with 29 language translations, including Arabic – performing tasks that normally require human int


Prysmian showcases latest innovations at FTTH Conference

Prysmian Group, a global leader in the energy and telecom cable systems industry, is showcasing its latest innovations in quality, future-proof networks at FTTH Conference 2019, taking place in the Netherlands. The event which opened on March 12 will conclude later today (March 1


DP World introduces new cranes ar Berbera port

DP World Berbera has achieved another milestone for Somaliland, commissioning the first mobile harbour cranes (MHCs) at the Port of Berbera this month. The introduction of the MHCs is a landmark development by DP World Berbera, as the port will for the first time offer shoreside


Etihad units sign key deals with Sky Prime at Saudi airshow

Etihad Aviation Group’s Engineering and Aviation Training divisions have signed contracts to collaborate with Sky Prime, the largest private aviation operator in the Middle East, based in Riyadh, Saudi Arabia.   The agreements were announced at the Saudi I


DP World commissions first Mobile Harbour Cranes in Somaliland

Global marine terminal operator DP World said its multi- purpose Berbera port in Somaliland has achieved a major milestone for the country, commissioning the first Mobile Harbour Cranes (MHCs) at the Port of Berbera this month. The introduction of the MHCs is a landmark developme


Alba receives German Ambassador to Bahrain

Aluminium Bahrain (Alba), the Bahrain-based aluminium smelter, today (March 13) welcomed the German Ambassador Kai Boekmannon to Bahrain, and showcased an overview of Alba’s operations and safety initiatives followed by a tour of Alba campus and the Line 6 Expansion Project site.

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