Regional News
October 2016

Technip, a leader in project management services for the energy industry, said it has been awarded an engineering procurement and construction (EPC) contract by Emirates National Oil Company (Enoc) that plans to expand its Jebel Ali refinery by 50 per cent at an investment of $1 billon.






October 2016

Asry, the leading ship and rig repair yard in the Gulf region, continues to dominate the Middle East Rig repair market, said the Bahrain-based company as it welcomed its 100th rig repair job to the yard.






October 2016

Thyssenkrupp, one of the world’s leading elevator companies, has introduced the new Microsoft HoloLens technology in its elevator service operations worldwide.






October 2016

Business activity in Egypt shrank for the 11th consecutive month in August as data for output, new orders, and employment deteriorated, with purchase prices rising sharply amid a hard currency shortage, a survey found. The Emirates NBD Egypt Purchasing Managers Index (PMI) for the non-oil private sector was 47.






October 2016

Egypt’s Suez Canal Authority announced total revenues of $429 million in July from the canal, a decrease of almost two per cent from the $437.7 million recorded in the same month last year, state news agency Mena reported. Canal authorities also announced revenues of $2.919 billion in the first seven months of 2016, a 1.






October 2016

Dubai Wholesale City has undertaken a series of opinion polls and discussions with food traders, importers and exporters with the aim to join forces in supporting the UAE food security.






October 2016

ABB Azipod XL, the latest version of ABB`s market leading podded electric propulsion system, further increases vessel fuel efficiency to an unprecedented level of  up to 20  per cent compared to modern shaft line propulsion systems.






October 2016

Emirates for Universal Tyres (EUT), the sole distributor of Continental passenger, light truck and commercial vehicles tyres in the UAE market, recently celebrated the opening of the first Continental retail outlet dedicated to the end consumer in Abu Dhabi, UAE.






October 2016

Abu Dhabi Ports, the master developer, operator and manager of ports and Khalifa Industrial Zone in the UAE capital, has won ISO 10002:2014 certification in customer feedback management system.






October 2016

Dubai-based global marine terminal operator DP World has won a 30-year concession with an automatic 10-year extension for the management and development of a multi-purpose port project at Berbera, Republic of Somaliland.






October 2016

Excelerate Energy, a pioneer and market leader in innovative floating LNG solutions, has joined hands with Dubai Supply Authority (Dusup) to complete the first commercial gas-up operation at its LNG import terminal in Jebel Ali, Dubai.






October 2016

London-based Tri-Star Resources, a major investor in a joint venture antimony roaster project under development at Sohar Port and Freezone, has awarded key contracts for the Oman project.






October 2016

Exova wins deal with TataSteel Exova, a global testing, calibration and advisory services provider, has won a contract with Tata Steel to deliver bespoke in-house testing over the next three years.  Worth over $1.






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