Friday 26 December 2014

Manufacturing boom drives welding equipment demand

The growth in the regional manufacturing and industrial sector is driving up demand for welding and cutting equipment in the UAE and across the Arab world, according to experts.   The contribution of the industrial sector in GCC countries’ GDP ranged between 9.5 per cen


Dubai summit to discuss safety designs in buildings

Leading global experts in the construction sector will be in Dubai, UAE, to debate safety standards and practices in the built environment at a major conference to be held next month. A GCC-wide initiative, the Safety Design in Buildings conference will be held on January 20 at t


Manz to unveil new solar technologies at WFES

Manz AG, a global high-tech engineering company, will be presenting a showcase of new solar technologies and its turn-key solutions at the upcoming World Future Energy Summit (WFES) 2015 in Abu Dhabi, UAE. They include the Manz CIGSfab, which is the company’s fully integrat


Arabs urged to adopt stronger green building standards

Cities in the Arab region should introduce stronger standards for green building and promote sustainable communities if they are to have a chance of tackling climate change, experts say. The United Nations Human Settlement Programme (UN-Habitat) estimates that 56 per cent of the


Oryx to supply building products to Al Hodaifi

Oryx Industries, a UAE-based manufacturer of building products, has partnered with Qatar’s Al Hodaifi Rocks for the import, transport, storage, and delivery of building materials, a report said. Oryx Industries will supply Al Hodaifi Rocks with 2.6 million tonnes of quarry


$21m healthcare facilities on way in Bahrain

Plans are under way to set up two new health centres in Muharraq, Bahrain, costing a combined total of around BD8 million ($21 million). A complex in Galali will be completed by the end of next year, while the one in Busiateen has been slated for late 2016, said a report in the


Saudi's MMG given go-ahead to sell suspended shares

The Saudi bourse has given permission to construction firm Mohammad Al-Mojil Group (MMG) to have its suspended shares traded over the counter, it said on Tuesday. Shares in the company have not traded since July 2012, when they were suspended by the regulator after breaching rule


Associa opens regional office in Dubai

Associa, one of the largest property management firms, has announced its foray into the Middle East and North Africa (Mena) region with the opening of a regional office in Dubai, UAE. The Associa portfolio ranges from residential, mixed-use, and master-planned communities to luxu


Adnoc completes fuel equipment upgradation

Adnoc Distribution, the sole provider of aviation fuel in the Abu Dhabi International Airport, has completed the upgrading of supplying fuel equipment and trucks to ensure compliance with world-class technical standards. The company’s Emirati technical team was assigned the


STC to book $166m gain on land transfer

Saudi Telecom Company (STC) said on Tuesday it would book a SR621-million ($166 million) gain in the fourth quarter of this year due to expropriation of some of its land holdings by the government. The company originally announced in June that the government had seized a 1.05 mil

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