Thursday 26 May 2016

Qatar, Saudi Arabia trade reaches $1.9 billion

The bilateral trade between Qatar and Saudi Arabia amounted to QR6.94 billion ($1.90 billion) in 2015, according to data provided by Qatar Chamber. Qatar’s imports from Saudi Arabia were at QR5.11 billion ($1.40 billion), while its exports stood at QR1.83 billion ($502.6 mi


Al Salem Johnson unveils first Saudi-made York chiller

Al Salem Johnson Controls, a leading provider of integrated heating, ventilation and air-conditioning (HVAC) solutions, has launched the first Saudi Arabia-made chiller from York, the YLAA air-cooled chiller – a unit with unique options and features. The new chiller’s


Iranian appetite for German goods prompts surge in Q1 exports

German exports to Iran, especially of machines and equipment, rose significantly in the first quarter following the removal of international sanctions against the Islamic Republic, government data showed on Thursday. Exports to Iran surged by 7 per cent year-on-year in the Januar


Sadara and Saudi-Korean JV sign supply agreement

Sadara Chemical Company (Sadara) has entered into a supply agreement with Surfactants’ Detergent Company (SDC), a joint venture being developed by a Saudi-South Korean consortium which plans to build a chemical production facility in PlasChem Park, located in Jubail Industrial City II.&


Dow unveils key CSP solutions at Dubai solar expo

The Dow Chemical Company is showcasing its range of concentrated solar power (CSP) solutions at the ongoing Middle East & North Africa Solar Conference and Expo (Menasol) in Dubai, UAE. A major highlight is the industry-leading Dowtherm, a heat transfer fluid which enables th


Honeywell, Empire Aviation Group ink connectivity deal

Honeywell, a diversified technology and manufacturing leader, has signed an agreement with Dubai-based Empire Aviation Group to provide its full suite of GoDirect connectivity services and products for the cabin and cockpit. The technologies, developed by Honeywell’s recent


Ford recalls about 271,000 F-150 pickup trucks

Ford Motor Co said it was recalling about 271,000 F-150 pickup trucks in North America to replace their brake master cylinders. The company said on Wednesday it was aware of nine possible accidents with no injuries and one alleged injury not associated with an accident.


Boeing reduces size of tech workforce

Boeing Co said on it was reducing the size of its tech support unit as part of an ongoing drive to lower costs. The company declined to comment on how many information technology workers are being laid off, after the Seattle Times reported on Tuesday that hundreds of IT jobs were


Lufthansa Technik, DC Aviation sign deal for Al Maktoum airport

Lufthansa Technik, a leading manufacturer and independent provider of technical services for the aviation industry, has concluded a cooperation agreement with DC Aviation Group, a top operator of business jets in Europe. As part of the agreement signed at the European Business Av


Bertazzoni Italia to invest $61m in new Egypt factory

Italy-based Bertazzoni Italia plans to invest €55 million ($61.4 million) in a new factory to produce the latest home appliances in Egypt, according to a senior official. The factory represents a significant addition to the home appliance industry in Egypt, Tarek Qabil, Mini

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