Sunday 25 September 2016

Thales wins major Saudi rail maintenance contract

Thales, a technology leader for the aerospace, transport, defence and security markets, said it has been awarded a one-year contract to maintain a 2,400-km railway line - mineral and passenger - of the North South Railway project in Saudi Arabia. The contract, which is renewable,


Stage set of ninth Paper Arabia 2016

Al Fajer information and Services announced that preparations are completed to hold the ninth edition of Paper Arabia at the Dubai International Exhibition Centre from December 13 to 15, 2016. Organizers of the show said that Paper Arabia 2016 demonstrates the UAE’s stature


ABB to sell cable business to NKT Cables

NKT Cables, a global manufacturer of cable solutions, is acquiring ABB’s global high-voltage cable system business with a total enterprise value of €836 million ($934 million). High voltage cables are key components in sustainable energy networks, used for transmitting


Power metering market to top $17.5bn by 2020

The global power metering market is projected to reach $17.8 billion by 2020, at a CAGR of 8.9 per cent from 2015 to 2020, a report said. Asia-Pacific is the largest market for power meters, added the report entitled report “Power Metering Market by Applicat


EDM training simulators fitted at Ethiopian Airlines' new Aviation Academy

EDM, a leading global provider of training simulators to the civil aviation and defence sectors, announced today that Ethiopian Airlines' new Aviation Academy is fitted out with a range of its cabin crew training simulators. The $100 million state-of-the-art Aviation Academy


Siemens builds world's largest geared compressor rotor

Siemens has manufactured and tested the largest geared compressor rotor in the world at its facility in Duisburg, Germany. The product is for the the Jazan integrated gasification combined cycle power plant (IGCC) in Saudi Arabia. The first-stage impeller with a diameter of 1.8 m


Raysut Cement raises output capacity

Raysut Cement, Oman's largest cement producer by market value, said on Wednesday it had raised production capacity at its factory to 140,000 tonnes of cement per year. The development would increase the company's profitability, it said. The statement did not mention the f


Gulf Industry Fair to highlight diversification in GCC

The 10th edition of Gulf Industry Fair (GIF) takes place next February at a critical time for the promotion of the economic diversification of the GCC, according to event organiser Hilal Conferences and Exhibitions (HCE). Gulf Industry Fair 2017 takes place from February 7 to 9 u


Tarek Sultan named ‘Industry CEO of the Year’

Agility chief executive Tarek Sultan was named Industry CEO of the Year at the CEO Middle East awards, an annual ceremony held in recognition of the region’s most successful and innovative corporate leaders.   Since Sultan joined Agility in 1997, it has grown from a sma


UAE 'acts as trade gateway for China in the region’

The UAE’s role as a major trade gateway for Chinese businesses and investments coming into the region and expanding towards various European and African markets was stressed by a senior official. Abdullah Bin Ahmed Al Saleh, Undersecretary of the Ministry of Economy for For

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