News
Continental eyes Mideast market

THE Middle East’s rapidly expanding network of world-class ports will be a key target market for Continental Commercial Specialty Tyres (CST). The German manufacturer has launched what it says is the world’s most complete tyre portfolio for port fleets. The portfolio, introduced at the TOC Europe Exhibition 2013 in Rotterdam, Holland, includes...

Glass’ coating lines win $27m orders

GLASS LLC, wholly-owned by Dubai Investments (DI), announced that its coating lines, comprising subs ...

Arab businessmen visit Sao Paulo

THE Arab-Brazilian Chamber of Commerce (ABCC) recently coordinated with Apex, the Brazilian Export a ...

Masdar help for UAE embassies

THE UAE Ministry of Foreign Affairs (MoFA) and Masdar have signed a memorandum of understanding (MoU ...

BusinessPulse launched for SMEs

ABU DHABI Islamic Bank (ADIB) has launched BusinessPulse, a portal aimed at providing advice and sup ...





Statistics

Saudi among top G20 performers SAUDI Arabia has been one of the best performing G20 economies in recent years, and has supported the global economy through its stabilising role in the global oil market, the International Monetary Fund (IMF) was quoted as saying in a report. IMF said the Saudi economy grew by 5.1 per cent in 2012, benefitting from high oil...





Etisalat keen on Warid bid

Etisalat, a UAE-based telecommunications operator, has hired Goldman Sachs Group to advise on its planned bid for Pakistan mobile operator Warid Telecom, two sources aware of the matter said, according to a Reuters report. Warid, the country’s smallest operator, has been put on the block in a sale likely to fetch up to $1 billion. Etisalat and China...

Saudi firm begins Axis sale process

SAUDI Telecom Co (STC) has begun steps to sell its Indonesian business, banking sources said, as the ...

Eye on Thailand

Info2cell.com, a leading mobile services application provider in the Middle East is planning to expa ...

In brief

Du announces dividendsDU, the UAE’ second biggest telecom operator, said it would pay Dh1 billion ...





Report analyses Saudi logistics

A Frost & Sullivan report says weak infrastructure and a paucity of local talent were hampering Saudi Arabia’s growth in the logistics sector where transportation accounted for close to half of the sector’s total revenues of $16.73 billion in 2012. The report, authored by Srinath Manda, Frost & Sullivan’s programme manager, transportation and...

New services set to raise port profile

BAHRAIN’S Khalifa Bin Salman Port will  get busier with the announcement that it will soon ha ...

Work starts at Emirates terminal

Dubai witnessed several key developments in the logistics sector in recent weeks with construction w ...

Bunker talks

Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating ...

In brief

12pc rise in Aramex profitDUBAI logistics firm Aramex posted a second-quarter net profit of Dh72.3 m ...





Asry sees $200m revenue this year

Asry, one of the region’s leading shipyards, expects revenues to rise 13.6 per cent this year with business having looked up in the first half and prospects for the second half appearing positive. Chief executive Chris Potter has projected revenues of $200 million for 2013 against $176 million registered last year. “For the first half of this year, we...

GMS building third jackup vessel

Abu Dhabi-based Gulf Marine Services (GMS), the largest provider of self-propelled self-elevating ja ...





Masdar hails huge wind farm

Masdar, a partner in the world’s largest offshore wind farm, London Array, has said the project was a testament to what could be achieved through smart policies and strong partnerships. The Abu Dhabi-based company has a 20 per cent stake in the farm, the other stakeholders being Dong Energy (50 per cent) and E.ON (30 per cent). Siemens...

Hydroelectric units milestone

All four units manufactured by Alstom for China’s Xiangjiaba underground hydro power plant have no ...

Phoenix Solar gets Saudi deal

GERMAN firm Phoenix Solar has announced it will build a 1.8 MWp solar power plant in Saudi Arabia. T ...

CO2 harvested for electricity

A new method for producing electricity from carbon dioxide could be the start of a classic trash-to- ...





Heet use in Otec power system

Kobe Steel Ltd has developed a high heat transfer titanium sheet called Heet for use in plate heat exchangers, one of the important applications of commercially pure titanium sheet. Kobe Steel has supplied this material for use in the heat exchangers of an ocean thermal energy conversion (Otec) power system in a demonstration project in Kumejima, Okinawa...

Holloway pressure vessels get PED mark

HOLLOWAY America has announced that its engineers can ensure customers in Europe are equipped with p ...

Essar selects Ergil for tank items

Ergil, a worldwide leader in engineering, construction and manufacturing for the oil, gas, water, ch ...

Delta ‘optimised‘ solution launched

Delta Electronics Inc, a world-leading fan and thermal management solutions provider, has launched i ...

Quantum gets patent for tank shells

QUANTUM Fuel Systems Technologies Worldwide Inc, a leader in natural gas, alternative fuel systems a ...





Low LME prices hit Alba Q2 profit

Aluminium Bahrain (Alba) reported net income for the second quarter at BD20.7 million ($54.9 million), a 42 per cent drop from BD35.6 million in Q2 2012 driven by unrealised derivative gains as well as low LME prices. Sales for the first six months of 2013 were BD382.6 million versus BD383 million in H1 2012. Sales for Q2 reached BD195.5 million compared...

Alba completes major power project

ALUMINIUM Bahrain (Alba)’s commitment to boosting productivity, increasing capacity and enhancing ...

Dubal prioritises energy efficiency

Primary aluminium smelting is an extremely energy-intensive industry as it involves an electrolytic ...

Rockwell wins Dubal deal

Dubai Aluminium (Dubal), which owns and operates one of the world’s largest aluminium smelters, ha ...

All shares in Guinea firm acquired

DUBAI Aluminium (Dubal) and Mubadala Development Company (Mubadala) have secured full ownership of G ...





Dassault solution adds value

The industrial equipment industry is fast reaching a position where after-sales services generate more profit than equipment sales.The industry has not been fast to respond to this and many well-known companies are struggling to satisfy both customer and stakeholder needs.For industrial equipment companies, significant value comes from overcoming the...

Infrared detectors keep intruders at bay

THE Siemens Building Technologies Division has introduced new passive infrared motion detectors to p ...

New way to produce syngas

BASF, the Linde Group and ThyssenKrupp have announced a plan to develop an environmentally friendly ...

New insulating material shows promise

BASF has developed a unique high-performance product for the insulation sector that is scheduled for ...

First expanded TPU in markets

BASF has produced the world’s first expanded thermoplastic polyurethane (E-TPU), which it is now m ...





Qapco fulfilling Qatar vision

QATAR Petrochemical Company (Qapco) is helping feed the world’s hunger for plastic products and playing a role in industrial diversification in its homeland. Recent developments placed the company in prime position to help fulfill the Qatari Government’s vision to raise its petrochemical production in the country by 2020 to 23 million tonnes...

Qatar Rail wins quality mark

QATAR Rail has won the ISO/IEC 27001:2005 certification for information security management systems. ...

Siemens expertise in demand

From trams to smart metering, Qatari authorities are tapping into Siemens’ vast expertise in a hos ...

Refinancing enables LNG fleet expansion

ISLAMIC refinancing is helping Maran Nakilat Co Ltd expand its fleet of LNG carriers from four vesse ...

Emerson has strong ties with key firms

Leading Qatari companies have deployed Emerson technologies and systems in their operations, the US- ...





In brief

AUGUST 19-22: Fabex Saudi Arabia 2013, Riyadh International Exhibition Centre, Riyadh, Saudi Arabia 20-23: PARS Foodex, Mashhad Fair Grounds, Mashhad, Iran 22-24: PetroWorld India, Bombay Exhibition Centre, Mumbai, India   SEPTEMBER 2-4: Food and Hotel Oman, Oman International Exhibition Centre, Muscat, Oman 4: E-Crime Abu Dhabi, Abu Dhabi,...

Diary

GULFSOL 2013September 3-5The first edition of Gulfsol aims to provide an international platform with ...





Halal meat focus at event

THE rising acceptance of halal meat due to scientific and hygienic slaughtering and processing methods is spicing up the $600 billion global halal meat market. Studies have shown that halal slaughter protects consumers from many diseases, something not possible in the conventional methods used in many countries – a reason why it is popular even among...

Green expo parades green products

TARGETING businesses that are looking for innovative green technology and eco-friendly products, Exp ...

Frost & Sullivan awards day in December

FROST & Sullivan has announced it will hold a knowledge-sharing forum and present its Value Chai ...

Work boats event has wide sweep

MIDDLE East Work Boats & Offshore Marine 2013 – the region’s leading event for workboat oper ...

Print Pack show to impact region

EXPO Centre Sharjah, preparing to hold its inaugural printing and packaging event in April of next y ...





Tenders

BAHRAIN Tender No IAA/18/2013. Supply and installation of lighting system for production Studio 2. • Bid bond is BD2,500. • Documents can be obtained from the Directorate of Human Resources & Finance Information Affairs Authority, Authority Complex (BTV before-Isa Town), tel: 17871146/17871915, by payment of BD50. • CD September...





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