Tuesday 26 September 2017

Alba Line 6 pot shell fabrication in full swing

Aluminium Bahrain, a leading aluminium smelter, has announced that its Line 6 Expansion Project’s pot shell fabrication is full swing at a Bahrain contractor.   Alba’s Chief Executive Officer Tim Murray paid an inspection visit to Ahmed Mansoor Al Aa


DP World to acquire Dubai Maritime City and Drydocks

DP World, a global trade enabler, has entered into agreements to acquire Maritime World, the 100 per cent owner of Dubai Maritime City (DMC) for a purchase consideration of $180 million and to buy 100 per cent of Drydocks World by means of a capital injection of $225 million. DMC


Halal Expo Dubai opens to 4,000 trade visitors

Around 4,000 people, mostly buyers and sellers of Halal products and services from 40 countries are expected to attend Halal Expo Dubai, which opened in Dubai today (September 18). Amina Ahmed Mohammed, chief executive officer of the Emirates International Accreditation Centre (E


Saudi Arabia to float tenders for Red Sea-Gulf railway

Saudi Arabia plans to seek bidders for the construction of a 1,600-km-long railroad linking the Red Sea with the Arabian Gulf as early as the end of this year, signalling the go-ahead for a long-delayed project seen as vital to reducing the economy’s dependence on oil. The


Saudi PIF to host top Future Investment Initiative

The Public Investment Fund (PIF) of Saudi Arabia today announced the launch of the Future Investment Initiative (FII) under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al-Saud. Hosted and organised by PIF, the kingdom's main investment ar


Renault, Nissan and Mitsubishi target sale of 14m units

Renault, Nissan and Mitsubishi Motors today announced their ‘Alliance 2022’ plan, a six-year project that has set a new target to double annual synergies to €10 billion ($11.94 billion); sales of 14 million units, and a revenue of $240 billion by the end of the plan. T


Siemens to showcase gas turbine upgrade Power-Gen Asia

Siemens is now offering its SGT-800 industrial gas turbine with a power output of 57 megawatts (MW) and an electrical efficiency of more than 40 per cent in simple cycle application, the company said. In a combined cycle configuration the power output is 163 MW at a net efficienc


DMCA ‘Shorkum’ initiative wins positive response

Organised as part of DMCA’s proactive initiatives aimed at ensuring customers’ happiness and satisfaction, the  ‘Shorkum’ initiative, launched at Dubai International Boat Show 2017, marked a great success in terms of meeting the emerging demands of the customers, of


Seatrade Maritime Awards finalists selected

The finalists of this year’s Seatrade Maritime Awards Middle East, Indian Subcontinent & Africa have now been announced, representing some of the most respected names in the shipping and maritime industry, across a region stretching from Lagos to Kolkata. Emma Howell, group m


Micro-manufacturing, Oman’s new focus

Oman’s new breed of micro-manufacturers are breathing new life into manufacturing across the sultanate, according to an expert. Oman is a country that makes many things from car batteries, AC units, confectionery, footwear, marble kitchen tops to tomato paste and these prod

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