Thursday 25 May 2017
 
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Saudi Electricity inks $1.46bn projects deal

Saudi Electricity Company (SEC) has finalised implementation and operation of a number of electric transmission and interconnection projects in the northern regions of the kingdom at a total cost of SR5.5 billion ($1.46 billion). They included six plants for transmitting electric

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Abu Dhabi launches $870m solar power plant

Abu Dhabi has launched a Dh3.2 billion ($870 million) project to build the world's largest independent solar power plant, which will position the emirate as the global capital for best economic, environmental and technological practices. A ceremony was held on Wednesday to la

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Bahri hosts crew conference in Manila

Bahri Ship Management, a business unit within Bahri, recently organised its 11th annual crew conference to provide its crewmembers with an opportunity to learn more about the latest industry developments from experts and share knowledge and experiences. National Shipping Company

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DMCA shares experience with Ajman tourism team

Dubai Maritime City Authority (DMCA), the government authority of the maritime sector in Dubai, today (May 24) hosted a high-level delegation from the Ajman Tourism Development Department (ATDD), to discuss experience on maritime sector.   The meeting was a part of its effort

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Topaz revenue down 25pc in Q1

Dubai-based Topaz Energy and Marine, a leading international offshore support vessel company, has posted a revenue of $58.2 million for the three months ended March 31, 2017, down 25 per cent compared to $77.7 million for the same period last year. The company also reported EBITD

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Top experts attend Siemens Digitalization Roadshow

A total of 125 leaders from the public, private and education sectors addressed the challenges and opportunities presented by digitalisation for Middle East businesses at the Siemens Digitalization Roadshow, which was held in Abu Dhabi, UAE. The roadshow was opened by Dr Ahmad Be

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Agility reaches conditional settlement in US case

Agility, a leading global logistics provider, has announced a settlement in the criminal case involving the US government food-supply contracts that the company held from 2003 to 2010 (the “Prime Vendor Contracts”). In the criminal portion of the case, Agility agreed

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Honeywell freight solution provides real-time information

Honeywell has announced a new Connected Freight solution that gives shippers and logistics companies the ability to monitor shipments of high-value and perishable goods, helping prevent costly damage and loss. The new solution, developed in collaboration with Intel and third-part

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Ras Al Khaimah unveils new International Corporate Centre

The Government of Ras Al Khaimah has unveiled RAK International Corporate Centre (RAKICC) as its premium corporate registry jurisdiction for International Business Company (IBC) incorporation. The centre was formed following the merger of RAK International Companies and RAK Offsh

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Global renewables workforce to hit 24m by 2030

Global energy system is creating more jobs in renewables than in fossil-fuel technologies, according to a new report by the International Renewable Energy Agency (Irena). Falling costs and enabling policies have steadily driven up investment and employment in renewable energy ind

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