Saturday 25 September 2021

Emerson ties up with Egyptian medical group to make ventilators

Emerson, a technology and engineering company, has announced a collaboration with BioBusiness, an Egyptian medical equipment manufacturing company, to design and manufacture several types of ventilators using its Asco valves and Aventics regulators to provide precise control of pressure and f


Mammoet ships 320 tonne multicat vessel from UAE to Nigeria

Mammoet, one of the world's largest engineered heavy lifting and transport service providers, said it has helped procurement and logistics provider CAB van der Vinne transport a multicat vessel, destined to undertake various assignments on a dredging project in Lagos, from the UAE to Nige


Australian group Sandfire buys Mubadala JV unit for $1.85bn

Major Australian group Sandfire has reached an agreement with Abu Dhabi-based Mubadala Investment Company and global commodities trader Trafigura to acquire one its JV subsidiaries, Minas de Aguas Teñidas (Matsa) for €1.58 billion ($1.85 billion).   


Mastercard launches Strive with initial $25m funding

Mastercard has launched Strive, a global initiative focused on strengthening the financial resilience of small businesses, with initial commitment of $25 million in philanthropic funding.   To address the transition to digital, Mastercard, through the Centre for


DIC board targets boosting Dubai’s foreign trade to $540bn

The Board of Directors of the newly formed Dubai International Chamber has identified target markets for expanding Dubai’s trade to AED2 trillion ($540 billion) in the next five years.    Member companies of Dubai International Chamber will work towar


Bureau Veritas issues novel design approval for VLGCS

Bureau Veritas has issued novel design approval for the ‘Panda 93P’ VLGC (Very Large Gas Carrier) design developed by Jiangnan Shipyard, a leading Chinese gas carrier builder in the CSSC Group (China State Shipbuilding Corporation).    Sinogas,


Nigeria joins WLP as a strategic hub in West Africa

Nigeria has joined the World Logistics Passport (WLP) as a Hub, with the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) as the coordinating partner.    Nigeria is the largest economy in Africa, with a vibrant and diverse industrial base


Majesty 175 puts the spotlight on ‘The Future of Superyachts’

Gulf Craft, a fully-integrated boat and yacht manufacturer, has solidified its position as the maker of composite superyachts during the 2021 edition of the Monaco Yacht Show.    Putting the spotlight on its flagship superyacht, the Majesty 175 - the world&


Rockwell, Ansys partner to optimise industrial operations

Rockwell Automation, a global leader in industrial automation and Ansys, an engineering simulation specialist have announced that the enhanced Studio 5000 Simulation Interface now connects with Ansys digital twins. This gives automation and process engineers new ways to use simul


Abu Dhabi’s construction, building materials' sectors post solid growth

AD Ports Group has announced that the number of licences issued in the construction and building material sector in its Industrial Cities & Free Zone Cluster has reached 281, occupying a land area of 12,765,938 sq m, in August.   A key sector of the UAE&rsqu

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