Sunday 23 September 2018

Saudi AC market set for 3.1pc growth by 2024

Saudi Arabia's air-conditioner market is poised for solid growth over the next six years registering a CAGR (compound annual growth rate) of 3.1 per cent during the 2018-24 period, said a report by 6Wresearch. The kingdom is one of the biggest and most promising markets for a


UAE leads in ICT Global Competitiveness Index

The UAE has achieved leading positions in several categories of the ICT Global Competitiveness Index published recently by the International Telecommunication Union (ITU).   The results showed that the UAE is ranked first globally in the rate of mobile-broadband


Huawei registered with 100pc ownership in Qatar

Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, has become one of the first technology firms to register with 100 percent ownership in Qatar.    In order to support its increased activit


Buses for new Riyadh transport network unveiled

Saudi Arabia’s Arriyadh Development Authority has unveiled the buses that will form the bus network of the Riyadh Public Transport Network.   This follows a meeting of the High Committee of King Abdul Aziz Public Transit Project chaired by HRH Prince Faisa


Google, auto alliance partner on infotainment

Renault-Nissan-Mitsubishi and Google have announced a technology partnership to embed the Android operating system in vehicles sold by the world’s leading automotive alliance. The partnership would provide intelligent infotainment and customer focused-applications across mu


First hydrogen fuel cell trains enter service in Germany

In a world premiere, Alstom’s hydrogen fuel cell trains entered passenger service in Lower Saxony, Germany, this week.   The event was celebrated by Alstom, one of Europe’s largest railway manufacturers; the Minister of Economy and Transport of Lower


FMCG, retail drive Kuwait freight forwarding market

Expanding FMCG sector, retail sector, food and E-commerce industry in the country has attributed to the growth of the freight forwarding industry in the Kuwait,  a report said. The growth of freight forwarding in Kuwait was supported by development in major industries such a


GulfHost to shine spotlight on demand for smart kitchens

Buoyed by a triumphant 2017 launch, GulfHost - the complete hospitality equipment sourcing expo for the Middle East, Africa and Asia - returns to Dubai in October with new dedicated zones for Gelato & Bakery, Café & Bar and Horeca. Following a successful debut, int


Alstom wins $848m Riyadh Metro network contract

Alstom, as a part of Flow consortium, has been awarded a contract worth more than €730 million ($848 million) from Arriyadh Development Authority (ADA) to provide operation and maintenance (O&M) services for lines 3, 4, 5 and 6 of the Riyadh Metro network over a period of 12 years incl


Dolphin Group selects Epicor ERP to digitalise production

Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, has announced that Dolphin Group, a leading manufacturer of high performance industrial and automotive thermal products in the UAE, has implemented its resource planning (ERP) s

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