Friday 5 March 2021

Emerson introduces Digital Maturity Tool

Global technology and software company Emerson has created a new, free online tool that builds upon several well-established maturity models and its long-standing experience consulting and partnering with clients on their digital transformation programmes.   Man


Metso Outotec completes Metals business reorganisation

Metso Outotec has said it completed the reorganisation of its Metals business as part of the turnaround program announced in the fourth quarter of 2020.   As a result, the segment’s operational model has been adjusted to better meet customer needs, as well


Empower's district cooling building numbers up 6pc in 2020

Empower said its diversified portfolio covers all the major sectors in Dubai, with the residential sector maintaining the top position in the list of company's clients by 64%, followed by the commercial sector with 15%.    The hospitality se


Pinsent Masons advises Speedy Hire on sale to Adnoc

Pinsent Masons has advised Speedy Hire/Speedy International Asset Services Equipment Rental on the sale of its UAE equipment fleet, stock and other fixed assets to Adnoc for a cash consideration of $18 million.   The deal also included Speedy entering into a tra


Omega, Wellpro Group seal strategic alliance for Mena region

Downhole technology developer and manufacturer Omega Well Intervention and global well intervention company Wellpro Group, have announced a strategic alliance to deliver downhole tools to the Middle East and North African (Mena) market, led by senior management teams with decades of well inte


Hensoldt buys Mahytec to boost its hydrogen solutions business

Hensoldt, a major German player in the defence industry, said it has entered into an agreement to purchase Mahytec, a leading manufacturer of hydrogen storage tanks and renewable energy storage systems based in France.    Once the transacti


Low carbon oil ‘to play central role in energy transition’

Low carbon oil will play a central role in the energy transition, said Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (Adnoc).   Speaking at CERAWeek alongside Vick


Geodis eyes 25pc female leadership role by 2023

Geodis, a leading global logistics provider, has established an employee mentor programme as part of its drive towards diversity.    The company has set a goal to achieve 25 per cent female fulfilment  leadership roles by 2023 on the eve of Internation


Bahrain Mumtalakat eyes joint development projects with Israel

Bahrain Mumtalakat Holding Company, the sovereign wealth fund of the kingdom, has announced that it is exploring opportunities for investment and other potential joint venture development projects with Israel in several key sectors.   The Mumtalakat announcement


VMware expands its regional HQ in Dubai

Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (Dewa), has inaugurated the newly expanded regional HQ of VMware Middle East, highlighting the role of digital technologies in developing innovative services in the UAE and the entire region.  

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