Tuesday 21 April 2015
 
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Middle East

Oil rises towards $64 on ME tension

Oil prices rose in a volatile day of trading on Monday as concerns over tension in the Middle East and a drop in the number of U.S. rigs drilling for crude offset comments from Saudi Arabia's oil minister that Saudi production would stay nea

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Boeing eyes big F/A-18 Mideast order

Boeing Company expects a decision from a Middle East nation on whether to buy its F/A-18 fighter jet within months, the programme's top international sales executive said. He declined to name the country involved but it is wid

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SSL encryption boosts security in ME organisations

Secure Sockets Layer (SSL) encryption is a double-edged sword for many organisations in the Middle East, as it bolsters security by providing confidentiality and message integrity, according to an expert. It also enables organisat

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Middle East Hotel Awards sees record entries

The Middle East Hotel Awards witnessed a record increase in entries this year for the Best Restaurant Award, with particular surges in interest from hotels in Lebanon, Jordan and Syria, and a higher level of applicants from Saudi Arabia.

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Automatic packaging machines demand rising in ME

The demand for automatic packaging machines is rising with the increasing level of automation in the Middle East’s manufacturing sector, according to an expert. Emmebi of Italy has installed seven plants in the UAE for its v

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ME buyers pump $14bn in overseas properties

Middle Eastern buyers have invested a total of $14.1 billion outside their home region in 2014, making the Middle East the third largest source of cross-regional capital globally, said a report. Europe remains the preferred market

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EGMA launches Julbo in Middle East market

Julbo, a leading brand of extreme sports eyewear, was launched in the Middle East, with local distributor EGMA stocking its range for the first time. Founded in the Jura region of France in 1888, Julbo has over 130 years of eye su

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Mideast state spending throws lifeline to oilfield services

Oil majors may have slashed capital spending but national oil companies (NOCs) in the Middle East and North Africa show no sign of cutting investment, buoying oilfield services that the stock market has beaten down. Investors sold

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Siemon launches LightHouse brand in Mideast

Siemon, a leading global network infrastructure specialist, has launched its new LightHouse brand in the Middle East - an extended portfolio of advanced fibre cabling solutions for data centres, LANs and intelligent buildings. 

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Aluminium industry leaders to gather at Dubai event

Aluminium industry leaders and professionals from more than 25 countries are set to gather at a specialised exhibition for the industry in the region next week in Dubai. The fourth edition of Aluminium Middle East 2015 will run fr

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