Friday 18 January 2019

EU countries back definitive EC steel safeguards

European member states, as widely expected, have backed the European Commission’s plan to impose definitive safeguard measures on imports of steel, reported S&P Global Platts. The European Commission will now finalise the procedure, so that the definitive measures can e


McDermott wins Daelim Saudi Arabia project contract

McDermott International, a premier, fully-integrated provider of technology, engineering and construction solutions, has been awarded a sizeable contract by Daelim Saudi Arabia Company for engineering, procurement and construction (EPC) of CB&I storage tanks for the Ma'aden ammonia plan


Al Bahar opens new Caterpillar office in Oman

UAE-based Al Bahar, the authorised Caterpillar equipment and engine dealer in the GCC (excluding Saudi Arabia), has announced the opening of its newest branch office at Sohar region of Oman through its sister concern Oasis Trading and Equipment Company. The new 10,000-sq-m branch


Siemens Gamesa launches 10MW offshore wind turbine

Siemens Gamesa Renewable Energy (SGRE), a world leader in the offshore industry, has launched the SG 10.0-193 DD, the company’s first 10+ MW offshore wind turbine. It will be market-ready in 2022 following the expected prototype erection this year. Based on the experience o


EcoWaste 2019 draws strong regional, global response

The sixth EcoWaste exhibition, dedicated to advancing sustainable waste management practices and recycling in the region, is witnessing strong regional and global participation. Organised by Abu Dhabi Waste Management Center (Tadweer) in partnership with Masdar as part of Abu Dha


New blockchain powered property website launches

Dubai-based BabelChain, the new lifestyle development re-inventor and accelerator, has announced its global launch. BabelChain serves as a platform to connect developers to a large pool of investors, and simultaneously enable investors worldwide to access unique property developm


Doosan Excavator modified into an all-terrain machine

A new 22 tonne Doosan DX225LC-5 crawler excavator has been converted into an ‘all-terrain’ machine for working in and around the Wadden Sea in Germany. The revamped crawler excavator will be used along the 11.3 km long Hindenburgdamm embankment, which connects the isl


Haji Hassan wins best stand award at Gulf Construction Expo

Haji Hassan Group, a diversified construction-focused group based in Bahrain, has won the best stand award at Gulf Construction Expo 2018 held in Manama, said the organisers Hilal Conferences and Exhibitions (HCE).  Gulf Construction Expo, the Northern Gulf’s leading e


Dubai non-oil sector growth slows in December

Dubai’s non-oil private sector growth eased in December, a report said, noting that although total activity continued to rise at a strong overall pace, new business increased at the second-slowest rate in over two years. While employment remained broadly unchanged, inflatio


Braidy Industries announces key US appointment

US-based Braidy Industries, an Ashland, Kentucky-based manufacturer of metals for the global transportation and defence industries, has named Thomas Modrowski as the new president of its subsidiary, Braidy Atlas. With this appointment, Braidy Industries moves another step closer

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