Tuesday 5 November 2024
 
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Abraaj agrees to sell 4 major market funds to US group

Abraaj Holdings along with its unit Abraaj Investment Management Limited (AIML) has reached an agreement with Colony Capital, a leading global real estate and investment management firm, on the sale of four of its leading emerging markets funds

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Abraaj agrees to sell 4 major market funds to US group

Abraaj Holdings along with its unit Abraaj Investment Management Limited (AIML) has reached an agreement with Colony Capital, a leading global real estate and investment management firm, on the sale of four of its leading emerging markets funds

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US firm develops possible 'Mers' vaccine

US biopharma company Novavax along with a team from University of Maryland have jointly developed a vaccine that appears to effectively fight the killer Mers-coronavirus in mice, said a report. The researchers have found a novel m

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Northrop brings cyber security expertise to UAE

Leading global security company Northrop Grumman will showcase its cyber security expertise at a major summit to be held next month in Abu Dhabi. The summit comes at a time when the region is witnessing high-profile incidents involving inf

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Honeywell unit wins Takreer contract

Honeywell International, a diversified technology and manufacturing leader, said its unit UOP has won a contract from Abu Dhabi Oil Refining Company (Takreer) to provide technology for expanded petrochemical production. As per the deal, UO

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SunTech unveils new disposable BP cuffs

US-based SunTech Medical, a leader in non-invasive blood pressure measurement products and technologies, has rolled out its new line of disposable blood pressure cuffs. These cuffs feature an exclusive, tapered-end design for easier cuff a

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JBT wins $8m Dubai juice plant project

US-based JBT Corporation, said it has signed two contracts worth $8 million with Aujan Industries, one of the largest beverage and confectionery company in the Middle East, for its new juice processing project in Dubai. JBT is a leadi

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AS&E wins $5.5m Abu Dhabi Customs order

American Science and Engineering (AS&E) said it has won a $5.5 million order from Abu Dhabi Customs for supply of multiple Z Backscatter Van (ZBV) X-ray screening systems and Gemini 100100 parcel X-ray inspection systems. A l

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Liberty to launch electric buses in UAE

DesignLine Corporation, a developer of the most advanced electric zero-emission vehicles in the world, has joined hands with Dubai-based Liberty Automobiles to roll out its first electric and hybrid buses in the UAE. US-based DesignLi

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Investcorp completes US company sale

Investcorp, a leading asset management firm specialising in alternative investments, said it has completed the sale of US portfolio company Associated Materials Incorporated (AMI). Based in Ohio, US, the Associated Materials produces

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