Sunday 31 August 2014
 
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Winters Instruments opens office in Dubai

Winters Instruments, a global manufacturer of pressure and temperature instrumentation, has opened its office in the Airport Free Zone of Dubai as part of its regional expansion plans. The group, which enjoys distribution in over

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Mitsubishi, Toyota to supply steam turbines to Egypt

Mitsubishi Heavy Industries (MHI) and Toyota Tsusho Corporation have jointly received an order for 3 sets of 650 megawatt (MW) class supercritical pressure steam turbines and generators from Upper Egypt Electricity Production Company (UEEPC).

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Compliance officers facing diverse pressures, says study

More than 50 per cent of the compliance officers feel that their personal liability has increased, said a study  highlighting the diverse pressures which compliance functions continue to face. It was conducted by Thomson Reut

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Obama considering new pressure on Assad

President Barack Obama said on Friday he is considering new ways to pressure the government of Syrian President Bashar al-Assad as he pledged fresh US assistance to Jordan's King Abdullah, whose country is reeling from the Syrian civil war.

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Obama rejects G20 pressure on Syria strike plan

US President Barack Obama resisted pressure on Friday to abandon plans for air strikes against Syria and enlisted the support of 10 fellow leaders for a "strong" response to a chemical weapons attack. Obama refused to bl

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US, rebels seek Moscow help to oust Assad

Syria's rebel leadership and the US seized on Russian pessimism over President Bashar al-Assad's future to urge Moscow to help push its ally into ceding power and end the battles closing in around his capital. "We wan

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Global resources 'face pressure over output'

In the final decade of the 20th century alone, 23 per cent of all output was generated at a rapid pace, putting a great stress on resources, according to a leading economic expert. The trade-off between growth and commodity growth

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Abu Dhabi residential rents down 6pc

Abu Dhabi has witnessed a six per cent drop in its average residential rents in the third quarter compared to the previous one mainly due to a rapidly increasing housing inventory across the emirate, according to a report. As resi

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Kuwait inflation cools, but food prices a worry

With food price inflation slowing in Kuwait, a major source of upward pressure has abated. However, the recent pick-up in global food prices suggests that inflationary pressures in this category could yet return, said a report. Th

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India cenbank defies pressure to leave rates on hold

India's central bank has left interest rates on hold but cut the cash reserve ratio for banks, defying pressure from the government to lower rates for the first time since April but also indicating it may ease policy in early 2013.

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