Tuesday 25 June 2019

Global polypropylene capacity to rise 34pc by 2023

Global polypropylene capacity is poised to see a considerable growth of 34 per cent from 88.57 million tonnes per annum (mtpa) in 2019 to 118.66 mtpa in 2023, led by Asia and the Middle East, according to GlobalData, a leading data and analytics company. The company’s repor


SAMI acquires 100pc stake in Advanced Electronics Co

Saudi Arabian Military Industries (SAMI) has signed a term sheet agreement to acquire 100 per cent ownership in Advanced Electronics Company (AEC), an offset programme company. The agreement signing took place at a Saudi Arabia – UK industry event in London, in the presence


Dubai RTA launches smart storage system

Dubai’s Roads and Transport Authority (RTA) has launched a Smart Storage System for its Metro and Bus spare parts. The system has been implemented for Dubai Metro spare parts in Al Rashidiya Metro Depot, and RTA’s public buses’ spare parts at Jebel Ali and Al Aw


QinetiQ JV opens new defence plant in Dubai

Houbara Defence and Security, a joint venture between Middle East General Enterprises (MGE) and UK-based scientific and defence solutions provider QinetiQ, has opened its new assembly plant at Tawazun Industrial Park (TIP) in Dubai. The new facility will used for the assembly of


Coroli awarded ‘Superbrands’ status

Coroli, a leading edible oil brand in the region, was awarded Superbrands status at a recent gala event held in Dubai, UAE. The award was received by Dr B R Shetty, founder and chairman of BRS Ventures and owner of Coroli brand, said a statement. At the 15th annual


Riyada, Khimji Ramdas sign deal to support SMEs

Oman's Public Authority for Small and Medium Enterprises Development (Riyada) and Khimji Ramdas’ Eshraqa have recently signed a memorandum of agreement (MoA) to enhance the productivity and impact of SMEs. The MoA will also enhance the partnership between the public sec


Horeca Trade to resume operations under Bidfood name

Horeca Trade, one of the leading foodservice distributors in the UAE, has announced that it will resume operations under the Bidfood name starting July.   For 16 years, Horeca Trade has been taking on multiple UAE foodservice channels under its wings, offering an extensive fo


ADES wins new contract in Egypt, extension in Algeria

ADES International Holding has been awarded a new two-year contract for its Admarine IV offshore jack-up rig in Egypt, and has signed a one-year contract extension for its onshore Rig828 in Algeria. ADES International Holding is a leading oil and gas drilling and production servi


Adnec to promote key defence shows at Russia forum

A delegation from Abu Dhabi National Exhibitions Company (Adnec) will take part in the International Military-Technical Forum ‘Army-2019’, to be held in Russia, as part of its outreach to attract more international exhibitors to its defence shows. The event is one of


3D printing 'can transform healthcare sector'

The use of 3D printing technology in the healthcare sector has the potential to transform lives for the better, experts said at a conference in Dubai, UAE. Health professionals discussed processes, applications, and the conditions for adopting 3D printing at the seventh edition o

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