Sunday 18 February 2018
 
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Bahri showcases services at Breakbulk ME

National Shipping Company of Saudi Arabia (Bahri), a leader in logistics and transportation, showcased its extensive range of innovation-driven services and solutions at the Breakbulk Middle East 2018, which concluded yesterday (February 7) in Abu Dhabi, UAE. Bahri Logistics, one

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LuLu Exchange invests $3.5m in tech startup Arkin

LuLu Exchange Holdings, a leading financial services company, has invested $3.5 million in tech startup Arkin Technologies. Through the collaboration, LuLu Exchange Holdings plans to offer a holistic suite of financial products and services in cloud-banking, constituting a digita

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Brazil approves ArcelorMittal acquisition of VSA

Cade, the Brazilian antitrust regulation agency, has approved with restrictions the acquisition of steelmaker Votorantim Siderurgia (VSA) by ArcelorMittal, said a report. The deal will boost ArcelorMittal Brazil's crude steel production to 5.6 million tonnes per year (tpy) an

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Technomic report gives insight into US foodservice industry

US-based Technomic, a research and consulting firm, has published a report focusing on the opportunity and challenges facing the US foodservice industry. The report is designed to aid international companies with an interest in the US foodservice industry, it said.

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Samsung Engineering JV wins $3.1bn UAE refinery project

Samsung Engineering said its joint venture with CB&I Nederland, a global player in the technology and infrastructure services sector, has been awarded a major contract by Abu Dhabi National Oil Company (Adnoc) to build a crude flexibility project for its Adnoc Refining unit in the UAE capit

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US exports to UAE reaches $20bn

The UAE remains the US’ top export destination in the entire Middle East and North Africa (Mena) region for the ninth year in a row, according to the Census Bureau's Foreign Trade Division at the US Department of Commerce. In 2017, the US and the UAE conducted $24.3 bil

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Doha Cables, QICC win $521m Kahramaa deals

Qatar General Electricity & Water Corporation (Kahramaa) has signed two call-off agreements for supply of low-voltage (LV), 11 kV and pilot power cables with Doha Cables and Qatar International Cables Company (QICC), said a report. The agreements were signed for a period of f

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Caparol unveils new range of paints for 2018

Caparol Paints, a global leader in the paints industry and a leading German brand, has unveiled an avant-garde palette of colours and themes that tell the untold story of time as part of its colour trends for 2018. With the new range of Caparol Paints, the walls will speak a thou

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Oman Drydock appoints new CEO

Oman Drydock Company (ODC) has appointed Said bin Hamoud al Mawali as its chief executive officer. In his new role, Al Mawali will lead ODC’s corporate strategies and overall policies and procedures to ensure that all key people play a constructive role in the company&rsquo

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Abu Dhabi - India non-oil trade reaches $1.08bn

The non-oil trade between Abu Dhabi and India reached Dh4 billion ($1.08 billion) in the first nine months of 2017, said Saif Mohammed Al Hajeri, chairman of the Department of Economic Development – Abu Dhabi. The official was speaking at the opening session of the Abu Dhab

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