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Aramco, HHI to set up manufacturing plant

SAUDI Aramco said it has signed an agreement with Hyundai Heavy Industries (HHI) and Saudi Arabian Industrial Investments Company (Dussur) to jointly set up a company that will manufacture world class engines and also provide after-sales service in the kingdom. Under this partnership deal, Saudi Aramco will own 55 per cent of the JV, while HHI and Dussur...

Oman Shipping, Daewoo sign deal to build 3 VLCCs

OMAN Shipping Company (OSC), a member of the Asyad Group, has announced the signing of an agreement ...

Oman JV completes dry dock work

DUQM Naval Dockyard (DND) has completed its first dry docking project, the repair, overhaul and dry ...

Alba launches summer safety campaign

ALUMINIUM BAHRAIN (Alba), known for its strong safety culture, has launched its special summer Safet ...

Riyada, Khimji Ramdas sign deal to support SMEs

OMAN’S Public Authority for Small and Medium Enterprises Development (Riyada) and Khimji Ramda ...





Groupe PSA appoints new managing director for GCC

GROUPE PSA, the French automotive manufacturer of Peugeot, Citroën, DS and Opel brands, has appointed Rakesh Nair as its managing director of the GCC region. In his new role, Nair will report directly to Samir Cherfan, senior vice president for sales, marketing and after sales in Africa and Middle East at Groupe PSA, said a statement. Bringing 14...

Gulf Craft announces CEO Change

EMIRATES-based shipyard, Gulf Craft, has announced that Gregory Yeakle will be stepping down as the ...

Volkswagen appoints new MD for Mideast

VOLKSWAGEN, a leading automobile manufacturer, has appointed Victor Dalmau as the new managing direc ...

Orange Business Services names new VP, MEA

ORANGE Business Services has announced the appointment of Sahem Azzam as vice president Middle East ...





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