Monday 20 November 2017
 
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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

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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

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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

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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

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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

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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

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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

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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

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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

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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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