Monday 20 November 2017

Trends that can change Mideast logistics sector

Supply chains across the Middle East have been revolutionised by new advancements, making logistics services faster, more accurate, and efficient, according to a research conducted by FarEye, a global logistics management solutions company. The rise of innovative new machines and


Strata, AAA to partner on aircraft manufacturing support services

Strata Manufacturing, the advanced composite aerostructures manufacturing facility wholly owned by Mubadala Investment Company (Mubadala), has signed a memorandum of understanding (MoU) with Assistance Aéronautique et Aérospatiale (AAA), a key player in the aerospace industry for


Mubadala appoints deputy CEO for TS&S

Mubadala, the Abu Dhabi strategic investment fund, has appointed Mansoor Janahi as the deputy chief executive officer (CEO) of its wholly-owned business, Turbine Services & Solutions Group (TS&S), a specialised solutions, maintenance, repair and overhaul (MRO) provider for aircraft and


Lanxess to acquire Solvay's US phosphorus additives business

Germany-based Lanxess, a specialty chemicals group, is expanding its additives segment and plans to acquire the phosphorus chemicals business with a US production site from Belgian chemical group Solvay. Both companies have signed an agreement to this effect. The transaction is p


UAE Armed Forces signs $909m deals at Dubai Airshow

The UAE Armed Forces has signed eight deals worth a total of Dh3.34 billion ($909.3 million) with three local and five international companies on the third-day (November 14) of the ongoing Dubai Airshow. The five-day event will run until tomorrow (November 16), and is being held


Motorola selects ImmerVision’s panomorph lens technology

ImmerVision’s panomorph lens technology has been selected by Motorola Mobility to offer unparalleled 360° functionalities in their newest Moto 360 Camera. ImmerVision’s panomorph lens technology known for enabling lifelike immersive experiences through advanced 36


Mubadala, IBM to collaborate on smart systems

Mubadala Investment Company, Abu Dhabi’s strategic investment company, has announced a collaboration with IBM at the Dubai Airshow, to develop smart systems that support manufacturing facilities, predictive technology and service optimisation in the aviation sector. Just ah


Ithraa, Asyad sign deal to develop Oman's logistics sector

Ithraa, Oman’s investment promotion and export development agency, signed a memorandum of understanding (MoU) with Oman Global Logistics Group (Asyad), with the aim of strengthening efforts to support the sultanate’s growing logistics sector. The agreement was signed


Glaston sells two flat tempering lines to Belgium firm

Glaston, a global leader in developing glass processing technology, has closed a deal for two FC Series flat tempering furnaces to HG-glas located in Herentals, Belgium. The order was booked in Glaston’s Q3/2017 order book. The furnaces will be delivered during 2018, said a


Mubadala to invest $22.5m in aerospace R&D

Abu Dhabi’s state fund Mubadala has announced plans for its Aerospace, Renewables & ICT platform to invest a further Dh82.5 million ($22.5 million) in research and development (R&D) over the next five years. The funding will be used to accelerate several innovative

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