Monday 30 May 2016

Renewable energy employs 8.1m globally

More than 8.1 million people worldwide are now employed by the renewable energy industry, a five per cent increase from last year, according to a report released by the International Renewable Energy Agency (Irena) at its 11th council meeting. Irena is an intergovernmental organi


LBC Express, FGB to launch easy payment cargo services

LBC Express, a leading courier and cargo solutions provider in the Philippines, has partnered with FGB, one of the UAE’s leading financial institutions, to offer its customers an instalment payment scheme at zero interest for cargo services. This programme is the first of i


Alba donates forklift to NIIT Bahrain

Aluminium Bahrain (Alba), one of the leading industrial companies in the kingdom, recently donated a forklift to the National Institute of Industrial Training (NIIT), Bahrain, for the training of Bahraini students. This donation is one of the many initiatives adopted by Alba to c


DowDuPont gets new executive team

DuPont and The Dow Chemical Company today announced senior leadership appointments for DowDuPont, following the consummation of the proposed merger of equals.   The appointments will be effective upon completion of the proposed merger transaction, which is expec


Steel industry calls on G7 to protect it from China

Twelve global steel associations urged the Group of Seven advanced economies, which meet in Japan this week, to prevent cheap Chinese steel distorting world markets and inflicting further pain on producers. Steelmakers have been hit by a plunge in steel prices, which Europe and t


Saudi Arabia 'needs digital transformation'

Nationwide digital transformation will be essential to accomplish Saudi Vision 2030’s six-fold growth in non-oil revenue to SR1 trillion ($266 billion) by 2030, said top officials of SAP, a market leader in enterprise application software. Saudi Vision 2030 and the National


Qatar Airways Cargo celebrates 10 years of Kenya service

Qatar Airways Cargo, the world’s third largest international cargo carrier, recently celebrated its 10 years of services in Kenya. A gala reception was held to commemorate this milestone achievement earlier this month, and was attended by the cargo carrier’s customers


Toyota recalls 1.6m US vehicles for Takata air bags

Toyota Motor Corp said on Monday it will recall almost 1.6 million additional US vehicles for front passenger side Takata air bag inflators that could rupture. Earlier this month, Takata Corp said it was declaring another 35 million to 40 million US inflators defective at the urg


Ford seeks partnerships as it looks beyond car-making

Ford Motor Co chairman Bill Ford said on Monday the automaker would look for more partnerships with other companies as it moves to expand beyond manufacturing and selling cars and trucks. "You’ll see a lot of partnerships, a lot more than you used to see in the auto in


SSAB introduces latest steel products in region

SSAB, a leading Nordic and US-based steel company, recently held a roadshow in the UAE to introduce its latest product lines, Hardox and Strenx, to customers in the region. The company held informative seminars across Abu Dhabi, Ras Al Khaimah, Fujairah and Al Ain, said a stateme

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