Monday 30 May 2016

Panasonic launches advanced DW Relays

Panasonic Corporation has developed and will soon release a thin-design DW Relay (Inrush Low-profile relay) suited for remote-control applications such as smart switches and smart power outlets used in smart homes. The product conforms to overseas safety standards and responds to


Americana shares sale to Adeptio scrapped

Kuwait's Al-Kharafi family has scrapped a sale of a majority stake in Kuwait Food Co (Americana) to a Gulf-based consortium, a company controlled by the family said on Sunday, ending months of talks over the multibillion-dollar deal. Americana, which owns the Middle East fran


PEIE organises workshop to evaluate campaign results

Oman’s Public Establishment for Industrial Estates (PEIE) recently discussed the results of an evaluation process made on Origin Oman Campaign, which was conducted in collaboration with the London Marketing Office. The results were highlighted during a recently organised wo


Apic unit acquires UAE meat processing company

Arab Palestinian Investment Company (Apic) said one of its subsidiaries Siniora Food Industries has partnered with a Guernsey private equity fund Emerging Investment Partners (EIP) to acquire a UAE-based meat processing company as part of its regional expansion strategy. Siniora


Grand Cinemas to open first 4D theatre in Kuwait

Grand Cinemas, a leading provider of movie entertainment services in the region, has announced the beginning of a new era in the movie-going experience with the introduction of its first 4D cinema in Kuwait. The world’s foremost 4D cinema technology, MX4D will debut exclusi


Etihad Rail wins top GCC railway project award

Etihad Rail, the developer and operator of the UAE's national rail network, said it has won top honours at the Middle East Economic Digest’s (Meed’s) 2016 Quality Awards for Projects for the Stage One of the project. The award winners were announced at a grand cer


Kuwait selects cloud solution for water management

EnerTech, a wholly-owned subsidiary of the National Technology Enterprises Company (NTEC) of Kuwait, has selected the Waterfund Insight Service to model and prioritise its strategic water technology investments, said an announcement by IBM and Waterfund. NTEC is a subsidiary of K


China's SAIC-GM to recall 2.16m vehicles

General Motors Company joint venture with SAIC Motor Corp Ltd will recall about 2.16 million vehicles starting August 15 because the engine crankcase valves may corrode, China's principal consumer protection watchdog said on Thursday. The recall applies to roughly 834,000 Bui


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

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