Wednesday 18 January 2017

Airbus sells its shares in Atlas Elektronik to thyssenkrupp

Airbus Defence and Space, a global leader in aeronautics, space and related services, has entered into an agreement to sell its 49 per cent share in Atlas Elektronik Group to thyssenkrupp based in Essen, Germany. With this acquisition, thyssenkrupp, which to date has held a 51 pe


Dubai issues 10,000 compliance certificates for products

The Dubai Central Laboratory (DCL) of Dubai Municipality has issued 10,150 certificates of compliance for construction materials, including those for different batches of concrete blocks, said a report. These materials include paints, dyes, adhesives, glass, pre-fabricated iron s


Intersec to discuss Dubai security law

The launch of Dubai’s Security Industry Regulatory Agency (SIRA) will feature in a full conference programme at Intersec 2017, where leading decision makers will discuss a new law governing the Emirate’s security industry framework, guidelines and expectations. The SI


Al-Falih to lead Saudi delegation to WFES

Saudi Arabia’s Minister of Energy, Industry and Mineral Resources Khalid A Al-Falih will lead the kingdom’s biggest-ever presence at the 10th World Future Energy Summit (WFES) when the event gets under way next week in Abu Dhabi, UAE. The official delegation forms par


Production to kick off at Qatar-Korea LED project

The Qatar-Korea LED project with an initial capacity of producing 500,000 Middle East and North Africa (Mena)-tailored LED lights per year will soon become operational, said a senior South Korean government representative. The project is a collaboration between Korean LED consort


Spatial Composite installs door trainer for Spirit

UAE-based Spatial Composite Solutions, a specialist provider of world class crew training solutions for the civil aviation and aerospace industries, recently completed the successful installation of an A321 door trainer for Spirit. The device comprises L1, L3 and over-wing exits


Adnec announces sponsorship deals for Idex, Navdex

Abu Dhabi National Exhibitions Company (Adnec) has announced a sponsorship agreement between Idex and leading national and specialty defence companies including Emirates Defence Industries Company (EDIC), Tawazun Holding and Abu Dhabi Ship Building (ADSB). The agreement endorsed


UAE team discusses trade opportunities with India PM

A senior delegation from the UAE met with Indian Prime Minister Narendra Modi on the sidelines of an ongoing summit in India, and discussed ways to enhance economic ties, expand areas of cooperation and raise bilateral trade and investments. The delegation is being led by Dr Rash


Volkswagen 2016 sales top 10m vehicles

The Volkswagen Group delivered 10.3 million vehicles to customers worldwide last year, a rise of 3.8 per cent compared with the prior-year figure. Deliveries in December rose by 11.8 per cent to 933,300 vehicles. Matthias Müller, CEO of the Volkswagen Group, s


Volkswagen agrees $4.3bn settlement in emissions case

Volkswagen has agreed with the US government to pay penalties and fines totalling $4.3 billion to resolve criminal and federal environmental and other civil claims into the German automaker's diesel emissions cheating. The company has also agreed to a series of measures to fu

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