Tuesday 26 September 2017

Sohar Aluminium restarts production

Sohar Aluminium has restarted production after an interruption caused by an incident in August, the company said. “Sohar Aluminium has confirmed it has re-energised the potline, and on September 15 gradually began re-starting the pots and the production of aluminium,”


Dubai in bid to boost use of electric, hybrid vehicles

The Dubai Supreme Council of Energy has announced incentives to encourage community members to use electric and hybrid vehicles, and promote the use of sustainable transport, which will have a lower average annual energy consumption rate.  The announcement was made at a pres


UAE, Brazil non-oil trade hits $2.7 billion in 2016

The non-oil trade exchange between the UAE and Brazil reached some $2.7 billion during 2016, said a report, noting that the bilateral trade between the two countries has maintained elevated levels during recent years. The non-oil trade exchange between the UAE and Brazil reached


Investment flow between GCC, India ‘rising rapidly’

The GCC nations and India are strengthening historic ties across cultural, trade, defence and political areas as they realise the potential of strategic cooperation, said an industry expert, noting that investment flows between the regions are rising rapidly. “The GCC gover


Global maritime innovation focus for Dubai Maritime Agenda

The Dubai Maritime City Authority’s (DMCA) second Dubai Maritime Agenda will open its doors in October to explore major opportunities in the global maritime sector and the industry’s future in the modern world in conjunction with intensive regional preparations for a post-oil era.


Indian major to set up $300m cotton yarn plant in Sohar

ShriVallabh Pittie Group (SVP), one of the largest manufacturers of cotton yarn in India and a global leader in the sector, has signed a land lease agreement to establish a new $300-million plant in Sohar Freezone to manufacture a wide range of cotton yarn.   Su


Saudi tax board approves VAT regulations

The General Authority of Zakat and Tax (GAZT) in Saudi Arabia said its board of directors has approved the VAT Implementing Regulations ahead of its introduction in the kingdom starting from January 1. The GAZT meeting, chaired by Minister of Finance Mohammed Al Jadaan, stated th


Big 4 expos to draw over 400 industrial groups

Four co-located events - FM Expo, The Big 5 Outdoor Design & Build Show, Windows, Doors & Facades, and Gulf Glass - will kick off tomorrow (September 25) at the Dubai World Trade Centre, hosting over 400 local and international exhibitors. Organised by dmg events Middle E


Voestalpine Metsec set for big ME networking event

UK-based Voestalpine Metsec, a specialist cold roll-forming company providing products for the construction and manufacturing industries, said its Middle East division is hosting a major networking event for major industry professionals from the region. The busy period kicks off


Colliers wins best Mena advisory firm award

Colliers International, a leading player in the real estate advisory services sector, was awarded Best Advisor Overall in the Mena region at the prestigious annual Euromoney Real Estate Awards 2017. This is the sixth consecutive year that Colliers has been honoured with the award

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