Saturday 20 April 2019

Dubai issues 7,418 new business licences this year

The number of licences issued to new businesses registered in Dubai rose three percent since December 2018. The total number of licences issued from the start of 2019 to April 15 reached 7,418, a Wam report said.   The number of licences issued documented by the


Bahri wins ‘Ship Operator of the Year’ award

National Shipping Company of Saudi Arabia (Bahri), a global leader in logistics and transportation, recently won the ‘Ship Operator of The Year’ award at the 10th edition of ShipTek Awards 2019, which was held in Dubai, UAE. Shiptek is a leading international conferen


European shipbuilders collaborate for connected vessel platform

The biggest European shipbuilders have announced a new cooperative initiative to develop and demonstrate a connected vessel platform. This project is named Code Kilo. In order to meet the digitalisation challenges of a diverse audience of stakeholders, in a robust, secure and cos


FedEx Express ranked among ‘top places to work in UAE’

FedEx Express, a subsidiary of FedEx Corp and a leading express transportation company, has been recognised for the ninth consecutive year as one of the top places to work in the UAE.  The company has been ranked sixth, moving up four places from last year, said a statement


Global aircraft video surveillance systems demand to grow

The global demand for commercial aircraft video surveillance systems is expected to remain strong, at an estimated compound annual growth rate (CAGR) of 5.1 per cent over 2018 to 2028, according to a report by Future Market Insights. Cabin and cockpit surveillance systems will re


Lanxess to display solutions at battery show in Germany

Specialty chemicals company Lanxess will showcase its latest solutions at its stand at the Battery Show in Stuttgart, Germany. This event, to be held from May 7 to 9, is regarded as a leading European trade show for highly advanced battery and hybrid vehicle technologies.


Bahri wins ‘Best Recruitment’ award

National Shipping Company of Saudi Arabia (Bahri), a global leader in logistics and transportation, recently won the ‘Best Recruitment & Talent Management Strategy’ award at the inaugural CIPD Middle East People Awards, in Dubai, UAE. Hisham Alkhaldi, chief suppor


Global automotive tyre market to reach $645bn by 2027

The global automotive tyre market is expected to grow at a compound annual growth rate (CAGR) of 6.3 per cent during 2017 to 2027, and reach a valuation of $645 billion by 2027, according to a report by Future Market Insights. The report, titled “Automotive tyre Market: Glo


Fluor JV completes fabrication for CNOOC gas field

Fluor Corporation, a global diversified company, said that its joint venture COOEC-Fluor Heavy Industries  fabrication yard has completed the central and wellhead platforms for CNOOC’s Dongfang 13-2 Gas Fields Development Project. The central platform recently departed


Global plastics, rubber industry to grow 4pc annually

The global plastics and rubber industry has continued to achieve annual growth rates of between 4 per cent and 5 per cent since the turn of the millennium, with the Middle East witnessing phenomenal expansion in its polymerization capacities along with the Asia-Pacific region. Fi

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