Monday 10 December 2018

Ma'aden launches commercial operations at new Saudi plant

Saudi Arabian Mining Company (Ma’aden) said one of its subsidiaries, Waad Al Shamal Phosphate, has started commercial operation of its diammonium phosphate plant located at Ras Al Khair city. Waad Al Shamal Phosphate is 60 per cent owned by Maaden, while 25 per cent of the


USB devices 'pose huge security threat to industrial networks'

Honeywell, a leading technology company, released first-of-its-kind research showing that removable USB media devices such as flash drives pose a significant, and intentional, cybersecurity threat to a wide array of industrial process control networks. Data derived from Honeywell


Dubai to become 'global centre for innovation in cybersecurity'

Dubai is determined to turn the challenges into opportunities as it tackles global cybersecurity threats on its path to continued growth, said the emirate’s IT security chief at the recent Hack In The Box (HITB) Security Conference, in Dubai, UAE. Speaking as he opened the


Datamount launches commercial data centre in Oman

Datamount, a data centre hosting services company, said it has launched the nation’s largest commercial data centre at Jebel Akhdar, in Oman. The launch ceremony was held at the Kempinski Hotel under the patronage of Sayyid Shihab bin Tariq Al Said, advisor to HM Sultan Qab


Al Madina Logistics, Duqm Port sign land investment deal

Al Madina Logistics Duqm Company, a leading Omani logistics services provider, and Duqm Port Company recently signed a land investment agreement at the Logistics Complex of Duqm Port in Oman's Al Wusta Governorate, said a report. The agreement includes lease and investment of


Global chemical firms’ shareholder returns drop

Shareholder returns of large global chemical firms dropped in the past 10 years from being the fourth most value creating companies in 2009 to 17th ranking in 2018, according to a recently published report by The Boston Consulting Group (BCG). Despite the drop in average value cr


Sabic signs MoU with six multinational suppliers

Sabic, the world’s third largest diversified Petrochemicals Company, announced that it is taking steps to establish strategic alliances with six multinational suppliers: German conglomerate Siemens; Swiss technology firm ABB; US-Japanese manufacturer Elliott Group; and two Japan-based e


Dammam Port reports 4.9pc rise in goods handled

Dammam-based King Abdulaziz Port achieved an increase in its total goods handled during the third quarter of 2018 by 8 million tonnes, up 4.9 per cent, compared to 7.6 million tonnes during the same period in 2017, said a report. The port witnessed an increase in the total goods


Oman Data Park highlights cloud solutions

Oman Data Park (ODP), the first localised cloud service provider in the sultanate, is offering IT services on demand. ODP currently manages three data centre’s located in KOM, Wattayah, and Duqm. These three are interconnected to provide resilience, interconnectivity of dat


Microsoft solutions to create 5,600 jobs in Bahrain by 2022

Microsoft’s technology ecosystem and the growing popularity of cloud services will create more than 5,600 jobs in Bahrain by the end of 2022, according to new research by the International Data Corporation (IDC). The study also covers findings from other Middle Eastern mark

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