News
Siemens bags $966m Aramco deal

SIEMENS has announced it has clinched a contract worth $966 million from Saudi Aramco to supply key components for a major combined-cycle power plant in Saudi Arabia. The power station is designed to deliver electricity to the Jizan Industrial City area in the southwest of the country and to the refinery of Jizan, which will additionally be supplied with...

Alstom among Riyadh Metro winners

ALSTOM, as a member of the FAST consortium, will provide a complete automatic and driverless metro s ...

Asry’s Q1 revenues were highest

ASRY, the Bahrain-based Arab Shipbuilding and Repair Yard, posted the highest first-quarter 2013 rev ...

Hydrasun comes to Dubai

HYDRASUN, a leading specialist provider of integrated fluid transfer, power and control solutions to ...

Depa buys out German interiors firm

THE UAE’s Depa Limited, one of the world’s leading interior contracting companies, has announced ...





Statistics

GCC FDI rises to $26bnFOREIGN direct investment (FDI) in the GCC in 2012 increased slightly over the previous year to reach $26.4 billion.This brings to an end three consecutive years of declining FDI flows to the region since the pre-financial crisis peak of $61.7 billion in 2008, said a statement quoting data published by UNCTAD in their annual World...





Door to optimising profitability

The Middle East petrochemical industry has boomed over the last few decades on the back of inexpensive gas and ethane feedstock (priced at $75 c/mmbtu versus the historic $6-10 range in the last decade in the US and Europe). Historically, the Middle East has benefited from a natural feedstock advantage over other worldwide producers against the backdrop of...





Salalah port ranked high

The Port of Salalah has achieved top port rankings regionally and globally in a new JOC study on port productivity. It has been ranked the  sixth top transshipment port and 18th top port globally, as well as gaining high positions in a number of categories in the Europe/Middle East/Africa geographic class in the JOC Group study. In the Europe/Middle...

EAS-Cargo to use CCN platform

Etihad Airport Services – Cargo (EAS-Cargo), a subsidiary of Etihad Airways, is working with the S ...

Arcapita sells logistics firm 3PD for $365m

BAHRAIN-based Arcapita Bank has announced the sale of 3PD Holding, a leading last-mile logistics com ...

New Bahrain service

APM Terminals Bahrain, operators of the state-of-the-art Khalifa bin Salman Port, (KBSP), welcomed r ...

In brief

Saudi firm eyes yardTHE National Shipping Company of Saudi Arabia (Bahri) has signed an MoU with Sau ...





Kanoo building market share

With more than four decades as one of the region’s leading materials handling solutions and specialist equipment providers, Kanoo Machinery is spearheading growth across Saudi Arabia and the GCC to meet increasing demand. Saudi-based Bob Jennings, general manager for Kanoo Machinery for the GCC region, is confident that by 2016 the overall business for...

Bosch debuts 18V multi-X oscillating tool

BOSCH Power Tools continues its innovation in the oscillating category with the debut of the 18-volt ...

Rokla’s latest Webster units

Rokla GmbH has announced it recently started production of the latest generation of Webster hydrauli ...





New coat for wind towers

Hempel’s recently launched product, the Hempadur 47300, offers offshore wind tower producers a Norsok-approved epoxy mid-coat with one of the fastest curing times in the industry. The company says Hempadur 47300 is a low-solvent epoxy mid-coat that has been specially formulated for tough offshore conditions. It can be handled just four hours after...

Jotun Lady Design offers six collections

JOTUN’S Lady Design brand, created in collaboration with interior designer Mona Hussein and which ...





Zamil appeal gets a boost

Participation in Indian trade events and the winning of awards and accolades this year from authorities in Vietnam and the UAE have ramped up Saudi-based Zamil Steel’s appeal overseas. Hundreds of visitors had a look at Zamil Steel’s offerings at the Roof India Exhibition, Asia’s largest roofing and allied products event, which took place in Mumbai,...





Sapin production of unique can begins

Saudi-based packaging giant Sapin, known primarily as a leading metal can producer, recently commenced production of an innovative two-piece aluminum cheese can in Dammam – the first of its kind globally. Sapin (Saudi Arabian Packaging Industries) developed these cans for packing Kraft cheese in partnership with a leading European packaging manufacturer...





New Bosch VFDs save energy

Bosch Rexroth, which introduced this year three new models of VFDs (Variable Frequency Drives), was able to help a UAE hotel achieve maximum chilled water at a suitable temperature through use of the innovations. New models it introduced were the Rexroth frequency converters Fv, Fe and EFC 3600. The company said that with demand existing among end-users...

Improved recycling in hydraulic fracturing

NEW  high-efficiency, durable filters have been developed by chemical engineers at The Universi ...

Dow impacting users big time

DOW technologies for water and process solutions are helping achieve better water and wastewater qua ...





Konecranes unveils ARTGs in Rotterdam

Konecranes recently introduced in the container-handling industry its automated rubber tyred gantry (ARTG) system which the company says provides RTG terminal operators with all the benefits of automation: operational cost savings, greater productivity, increased predictability and increased safety. The unveiling was done in Rotterdam, Holland, at the TOC...

Linden Comansa reveals latest R&D

LINDEN Comansa has announced its latest R&D project is the J1-08 jacking cage, which replaces th ...

Neuhaus hoists tough and safe

A J D Neuhaus air-operated Profi 1 TI with a one-tonne lift capacity, suitab ...

Liebherr crane is strongest, tallest

Liebherr’s LR 13000 is not only the most powerful conventional crawler crane in the world, it is n ...

Harrington process increases output

SMART Limit technology, developed by Harrington Hoists Inc  and which allows operators to set h ...





Business-friendly free zone advances

Ras Al Khaimah Free Trade Zone (RAK FTZ), one of the fastest growing free zones in the UAE, has had an excellent H1 2013, achieving a 70 per cent surge in new company registrations compared to a 13 per cent increase during the same period last year. “In the second half of the year, we are expecting a normalisation in the growth rate as we integrate and...

Ceramics firm showered with honours

RAK Ceramics, the world’s largest ceramics manufacturer, has been honoured for its corporate socia ...





Schneider process automation boost

Schneider Electric, one of the leading providers of power, control, and automation solutions for infrastructure projects in several sectors including WWW (water and wastewater), MMM (mining, minerals and metals), and oil and gas, continues to impress with useful innovations. Established nearly 176 years ago, it has since grown its footprint to over 100...

Rockwell embed advantageous

Industrial automation specialist Rockwell Automation has announced the addition of EtherNet/IP to it ...

Siprotec 5 gets standard boost

The Siprotec 5 protection devices from the Siemens Smart Grid Division are the first devices of thei ...

New way to cut hot metal sulphur

Simetal HM KR Desulf from Siemens Metals Technologies offers operators of iron and steel works a fur ...

Simatic upgrade for dairies

Siemens’ Dairy Functional Toolset (DFT) complements the Simatic PCS 7 process control system by ad ...





New initiatives take a step forward

A new wave of industrial projects has been launched in the industrial cities of Jubail and Yanbu where the Royal Commission for the hubs estimates there are 600 factories with the value of investments  totaling SR776 billion ($206 billion) including SR269 billion from overseas. The Royal Commission cities are said to contribute around 12 per cent of Saudi...

Linde wins CO2 plant deal

The technology company The Linde Group has been awarded a contract to build the world’s largest ca ...





Diary

MATERIAL HANDLING AND LOGISTICS September 12-15The Middle East’s leading event for materials handling encompassing freight, cargo logistics, distribution, warehousing, airports and ports, construction and manufacturing, will provide exhibitors with the ideal business setting that encourages and initiates business transactions while maximising and pushing...

In brief

SEPTEMBER 2013 2-4: Food & Hotel Oman, Oman International Exhibition Centre, Muscat, Oman 3-5: ...





Going green not a fringe issue

GOING green is the new mantra and the way forward for all business today. The adoption of clean technology and substitution of products of daily use with more eco-friendly ones is helping companies boost their corporate social responsibility initiatives as well as cater to the heightened environment awareness among office-goers, says a statement from Expo...

Lighting event gains wide support

MAJOR players from the international lighting design industry are increasingly looking at regional m ...

Hot issues await debate

WITH all sectors of the Dubai property market now gaining momentum in making a healthy recovery, ind ...

Live demos key feature at Dammam expo

DAMMAM, Saudi Arabia’s industrial hub, will host the 2014 edition of the GCC’s largest heavy equ ...

Islamic economy summit historic

POSITIONING the global Islamic economy in the heart of the GCC region, the Dubai Chamber of Commerce ...





Tenders

BAHRAINTender IAA/21/2013. Supply and installation of TV channels recording system. • Bid bond is BD2,500. • Documents can be obtained from the Directorate of Human Resources & Finance Information Affairs Authority, Administration Services Section, tel: 17871124, by payment of BD50. • CD October 9. Tender No BAC/77/2013. Supply of rescue and...





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