Thursday 25 December 2014
 
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Boston Power wins $290m China funding

Boston Power, a world leader in next generation electric vehicle battery design and production, has won $290 million in local government financial support for the expansion of its two facilities in China. The company's Liyang facility will receive a total investment of $160 m

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Plastics industry innovators to be honoured at PlastIndia

Innovators from the world of plastics are set to honoured at Asia’s largest event for plastics in India in February next year. The seventh Plasticon Awards 2015, as part of PlastIndia 2015, will be held on February 5, at Gandhinagar, Gujarat. The awards were

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Al Khaleej Sugar receives largest sugar carrier at Jebel Ali Port

Al Khaleej Sugar, a leading sugar refinery in the Arab region, celebrated the arrival of MV UBC Ottawa, the world’s largest sugar carrying vessel to call at DP World’s flagship Jebel Ali Port.   Arriving from Sao Paolo port in Brazil, about 106,000 tonnes of suga

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Isolux Corsan wins key Saudi substation deal

Isolux Corsan, a leading Spanish engineering and construction firm, has won a major contract for the construction of two 115 kV substations in the city of Al Hasa, Saudi Arabia. The $40-million project, awarded by Saudi Arabia's National Grid, will be completed within 27 mont

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UAE, Guinea in efforts to boost partnership

A delegation from Guinea visited Emirates Aluminium Company (Emal), an operating subsidiary of Emirates Global Aluminium (EGA) recently and toured the Emal smelter complex. It included Kerfalla Yansane, Minister of Mines and Geology of Guinea and Hassan Souare, the Guinean Ambass

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Shazam, Connect Ads launch awards in Arab region

Shazam, a popular app globally, and Connect Ads, a leading digital media and technology solutions provider and a subsidiary of OTVentures, have launched "The Shazam-Connect Ads Awards,” the first industry awards  in the Arab region. More than 150 guests attended t

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Video surveillance market in India registers 55pc growth

Rising transportation infrastructure, increasing public surveillance, government security spending, growing IT spending across major applications, and surging crime rates have fueled the demand for video surveillance systems in India, according to a recent report. The Video Surve

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Saudi plans $91bn spend to spur petchem sector

Saudi Arabia has earmarked $91 billion to be spent over the next 10 years to build new petrochemicals plants and expand existing ones as well as integrate refineries with petrochemical units, according to industry experts. In order to sustain this expansion, Saudi Arabia has crea

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General Dynamics wins $498m US navy deal

The US Navy has awarded General Dynamics Corporation a contract valued at $498 million to build a fourth amphibious assault ship that will serve as a floating base for military operations, the US Defense Department said on Friday. The contract, which runs through March 2018, cove

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High start-up costs delaying 3D printing growth

High start-up costs are a main factor in the delay of implementing 3D printing strategies to 60 per cent of organisations, a report said, noting that early adopters of the technology are finding clear benefits in multiple areas. While prototyping, product innovation and developme

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