Sunday 19 August 2018

GCC automation market ‘to top $10bn by 2023’

The GCC industrial and building automation market is projected to be worth $10.3 billion in 2023, said top exhibitors taking part in the upcoming inaugural SPS Automation Middle East conference and exhibition in Dubai, UAE. German-headquartered Indu-Sol, Japanese-based Mitsubishi


Dubai plans for smooth traffic flow during Eid

Dubai’s Roads & Transport Authority (RTA) and Dubai Police have chalked out a plan for the traffic movement, and road security of the public celebrating Eid Al Adha holiday. Brigadier Expert Khalil Obaid Al Bishri, acting director of the General Department of Organizati


Sabic, US firm partner to develop breakthrough products

Saudi Arabia’s Sabic, a global leader in the chemical industry, has partnered with US-based innovation and product design firm Nottingham Spirk to accelerate innovations with speciality materials across multiple industrial verticals. This relationship brings together the be


Global shipping giant Maersk to exit energy sector

Denmark-based AP Moller-Maersk, the owner of the world’s biggest shipping operations, has decided to list its drilling unit separately, marking its latest step toward a complete exit from the energy industry, said a report.   With this move, Maersk is work


Seminar highlights sustainable supply chain management

The Dubai Chamber of Commerce and Industry’s Sustainability Network recently hosted an informative seminar at the chamber’s premises where members of the Network’s Sustainability in Supply Chain Task Force spoke about best practices and projects which have helped them reduce e


Damen Shipyards Galati holds anniversary celebration

Romania’s Damen Shipyards Galati, the largest of Damen Shipyards Group's 32 shipyards, repair yards and related companies worldwide, yesterday (August 15) held a party for the annual celebration of Ziua Navalistului – Shipbuilder’s Day. This year’s cel


Pirelli signs deal with Luna Rossa

Italy-based Pirelli, a leading global tyre manufacturer, has signed an agreement with Luna Rossa Challenge for the constitution of a partnership aimed at the development of a multi-year project. The project will lead to Luna Rossa’s participation in the next edition of the


Microsoft launches new app for businesses in Saudi Arabia

Microsoft, a leading technology company, said its latest mobile application, Kaizala Pro, is now commercially available across Saudi Arabia. Microsoft Kaizala is an app that improves the way businesses communicate and collaborate. It’s designed for large group communication


Oman's OFCC opens chemical plant after expansion

Oman Formaldehyde Chemical Company (OFCC), the only producer of formaldehyde (AF) and urea formaldehyde (UFC) in the sultanate, recently held the inauguration ceremony of its new capacity expansion plant facility in the Sohar Industrial Port area, said a report. The expansion is


Sohar Aluminium in deal to set up $100m Oman plant

Oman’s Sohar Aluminium said it has partnered with Synergies Castings, a leading Indian manufacturer of aluminium alloy wheels, to set up a new $100 million manufacturing plant in the sultanate. Synergies Castings is a leading non-ferrous component company, manufacturing fou

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