Thursday 5 May 2016
 
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Foreign partnerships to boost Iran’s commercial vehicle market

The lifting of sanctions has breathed life into the commercial vehicle (CV) market, with French and German original equipment manufacturers (OEMs) already in talks with local CV manufacturers to begin the process of market re-entry, according to

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US, Takata confirm recall of 35m-40m air bag inflators

The US Transportation Department and Takata Corp confirmed on Wednesday that automakers will recall another 35 million to 40 million US air bag inflators assembled by the Japanese manufacturer by 2019. The confirmation follows a r

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US, Takata confirm recall of 35m-40m air bag inflators

The US Transportation Department and Takata Corp confirmed on Wednesday that automakers will recall another 35 million to 40 million US air bag inflators assembled by the Japanese manufacturer by 2019. The confirmation follows a r

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Fantasy Basel

Cosplayers pose at the Fantasy Basel 2016 - The Swiss Comic Con, in Basel, Switzerland on May 5. The festival covers 30,000 sq m across five halls, with around 200 stands, shows, artist tables and activities ranging from games and game design to

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Raysut Cement’s Somaliland terminal progress on track

Oman’s Raysut Cement, a leading cement producer, revealed that its project with Barwaaqo Cement Company in Berbera, Somaliland is progressing well, a report said. Raysut Cement Company had signed a joint venture agreement wi

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Oman aims to develop fisheries sector

Oman is taking several major steps in developing its fisheries sector, with the aim of making the sultanate a regional hub in this sector, said a senior official in a report. “We are trying to build Oman as a hub for fisheri

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Gammon, SCBC to cooperate on projects in Saudi Arabia

Top officials of the Gammon Group, a leading engineering company, and the Saudi Canadian Business Council (SCBC) have revealed plans to collaborate in implementing mega investment projects in Saudi Arabia, said a report. Sheikh Ra

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Iran Aluminum Company, Chinese firm sign $2bn deal

Iran Aluminum Company (Iralco) and China-based CREC Investment have signed an agreement for a joint venture investment worth around $2 billion. The contract was signed by Iralco’s managing director Majid Pourattar and CREC I

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SAIF Zone, Portuguese chamber sign deal to increase investments

Sharjah Airport International Free Zone (SAIF Zone) has signed a memorandum of understanding (MoU) with the Portuguese Industrial Association - Chamber of Commerce and Industry (AIP-CCI) to enhance mutual cooperation in the areas of investment a

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Winning image

Australian photographer Warren Richardson poses in front of his winning picture at the 2016 World Press Photo exhibition in Hamburg, Germany on May 4. The exhibition showcases the winning images of the 59th annual World Press Photo Contest from

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