Thursday 28 July 2016

Emerson launches new gas analyser

Emerson has released the Rosemount CT5400 continuous gas analyser to cater to the global need for highly accurate, easy-to-use and cost-effective process gas analysis and emissions monitoring systems. Combining tunable diode laser (TDL) and quantum cascade laser (QCL) technologie


Aramex reports $34m net profit for Q2

Aramex, a leading global provider of logistics and transportation solutions, has announced a net profit of Dh125.7 million ($34.22 million) in the second quarter of 2016, an increase of 36 per cent compared to Dh92.5 million ($25.18 million) during the same period last year. Aram


India orders four maritime spy planes from Boeing

India signed a contract on Wednesday to buy four maritime spy planes from Boeing Co for about $1 billion, defence and industry sources said, aiming to bolster the navy as it tries to check China's presence in the Indian Ocean. India has already deployed eight of the long-rang


Olayan Kimberly-Clark expands production in Bahrain

Olayan Kimberly-Clark has announced the expansion of its manufacturing operations enabling local production of Huggies diapers in Bahrain for the first time, reported the Gulf Daily News, our sister publication. To read further, please visit


Sabic extends earnings slump as Q2 net profit falls 23.2pc

Saudi Basic Industries Corp (Sabic), one of the world's largest petrochemicals groups, reported a 23.2 per cent drop in second-quarter net profit on Wednesday, extending an earnings slump as lower sales prices continued to weigh. Sabic made a net profit of SR4.74 billion ($1.


DMCA forms group to promote Dubai’s marine, leisure sector

The Dubai Maritime City Authority (DMCA) has formed a new working group, a first of its kind in the UAE, to promote Dubai’s marine and leisure sector activities. The Raseina Maritime Domestic & Leisure Working Group has been created in a bid to advance the maritime sect


Ajman Crown Prince inaugurates Liwa date festival

The Crown Prince of Ajman, HH Sheikh Ammar Bin Humaid Bin Rashid Al Nuaimi, opened today (July 27) the third edition of Liwa Ajman Date Festival at Emirates Hospitality Center, in Ajman, UAE. The festival will run until July 29, and is being held under the patronage of HH Shaikh


Malaysia Airlines orders Boeing 737 MAX jets in $5.5bn deal

Malaysia Airlines said on Wednesday it had ordered 50 Boeing 737 MAX jets, with firm orders for 25 and rights to purchase 25 more. Deliveries will begin in 2019 and the deal is worth $5.5 billion at list prices, the full-service carrier said in a statement. Airline


Porsche to create more than 1,400 jobs for electric car

Porsche will boost the number of jobs for its first all-electric model by more than half from previous targets as part of parent Volkswagen's (VW) push to overcome its emissions scandal by embracing zero-emission cars and digital services. Porsche, the No. 2 contributor to VW


Sipchem Q2 net profit slumps 76.4pc

Saudi International Petrochemical Co (Sipchem) reported a 76.4 per cent slump in second-quarter net profit on Wednesday, as lower sales prices for its products weighed on its earnings for a fifth straight quarter. Sipchem made a profit of SR26 million ($6.9 million) in the three

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