Thursday 18 April 2019

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


Tadweer opens first battery solar system at Al Dhafra landfill

Abu Dhabi Waste Management Center (Tadweer) has opened the first battery solar system in the region at its Al Dhafra landfill. A solar-plus-storage plant is an energy storage system charged by a connected solar power plant. The facility at Al Dhafra Landfill has mi


Dubai Chamber leads trade mission to Panama

A delegation of 70 businessmen from the UAE led by Dubai Chamber of Commerce and Industry recently concluded a trade mission to Panama which aimed to explore business opportunities emerging in Latin America that can be accessed through the regional trade hub. The visiting delegat


Experts to discuss maritime opportunities at Abu Dhabi congress

Leading experts will discuss prevailing challenges and opportunities in the regional and international maritime sector at special sessions to be held at the first International Offshore Development Congress (IODC 2019), later this month in Abu Dhabi, UAE. The event will take plac


Rakez appoints cricketer Shastri as ambassador

Ras Al Khaimah Economic Zone (Rakez) has welcomed Ravi Shastri, head coach of the India National Cricket Team, former India Cricketer and TV commentator, as its exclusive corporate ambassador to the Indian business community. In his new role, Shastri will be representing Rakez in


Mideast polyethylene capacity ‘set to grow at 6.3pc’

Polyethylene capacity in the Middle East is expected to increase from 20.80 metric tonnes per annum (mtpa) in 2018 to 28.52 mtpa in 2023, at an average annual growth rate (AAGR) of 6.3 per cent, said GlobalData, a leading data and analytics company. Among countries, Iran’s


Global steel demand to increase by 1.3pc in 2019

The global steel demand will reach 1,735 million tonnes (mt) in 2019, an increase of 1.3 per cent over 2018, according to a report by World Steel Association (worldsteel), the international trade body for the iron and steel industry. Worldsteel, headed by Engineer Saeed Ghumran A

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