Wednesday 4 May 2016
 
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Unigulf to showcase Easy PID System

Unigulf Industries, a leading player in the heating, ventilation and air-conditioning (HVAC) pre-insulated duct (PID) systems, will debut its Easy PID System at the Sodex 2016, to be held tomorrow (May 4), in Istanbul, Turkey. The event, an international HVAC, refrigeration, pump

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Julphar sales total $400m in 2015

Ras Al Khaimah-based Julphar (Gulf Pharmaceutical Industries) recorded sales totalling Dh1.47 billion ($400.11 million) in 2015, an increase of 6 per cent compared to the previous year, it was revealed at the company’s general assembly recently. The company’s gross pr

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Gulf Capital buys 100pc stake in Multibrands

Gulf Capital, a leading alternative investment firm in the Middle East, has acquired 100 per cent of Multibrands Trading, a top F&B distributor in Saudi Arabia, with an annual turnover in excess of $100 million. Founded in 2006, Multibrands operates in the food and beverage s

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Italian terminal’s top officials to visit Asian cargo hubs

Senior executives from Italy’s La Spezia Container Terminal are set to return to Asia to highlight its La Spezia Homeport as the gateway to Italy and the markets of South and Central Europe in key East Asian cargo hubs. The events in China and South Korea in May follow on f

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Iran, South Korea to triple trade volume to $18bn

Iran and South Korea are planning to triple their annual trade volume to $18 billion, Iran’s President Hassan Rouhani announced recently following the meeting with his South Korean counterpart Park Geun-Hye. The two sides decided to increase the current trade volume of arou

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Karcher posts double-digit Mideast growth

Karcher, a world leader in innovative cleaning technology solutions, has recorded double-digit sales growth in the Middle East region in 2015, despite difficult market conditions, mainly through expansion of its products and services into various other industries. The company, wh

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Total aims to set up solar joint venture in Qatar

Total, global, integrated energy producer and provider, is studying the prospects of establishing a solar business in Qatar, the company’s chairman and CEO said. “We understand that Qatar Petroleum is establishing a new company in association with Qatar Electricity an

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Dubai Holding sets up Centre for 3D Printing

Dubai Holding has launched the International Centre for 3D Printing in line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister and Ruler of Dubai, to make Dubai an international destination for 3D printing by 2030. The

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Etihad in cargo traffic deal with Italian airport

Etihad Airways, the national airline of the UAE, and Italy’s Parma Airport have signed an agreement to develop cargo traffic at the airport in central Italy. The exclusive agreement initially includes the establishment of a cargo transit centre at Parma Airport to receive c

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First all-women business park opens in Saudi Arabia

Saudi Aramco, Princess Nourah University (PNU) and Wipro Arabia, a subsidiary of India's Wipro, today inaugurated Saudi Arabia’s first all-women business and technology park. The project is expected to create nearly 21,000 jobs for Saudi women over a period of 10 years.

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