Saturday 18 August 2018

Siemens in key 3D printing, engine testing milestone

Global technology giant Siemens has reached yet another milestone in its journey to realize the many benefits of additive manufacturing (AM) and to lead the development of this innovative technology in the power generation industry. This time the company has successfully 3D-print


Mashreq, Trade Bank of Iraq, GE enter strategic deal

Mashreq Bank, a leading financial institution in the UAE, has entered into a strategic cooperation with the Trade Bank of Iraq (TBI) and General Electric (GE) to accelerate the development of power projects in Iraq that will help meet the burgeoning demand for power in the country.


BMTC in deal to distribute Honeywell LED products

Bahri & Mazroei Trading Company (BMTC), a leading provider of electrical, lighting and water solutions, has signed an agreement with Mafco, a leading Dubai manufacturer and distributor, for supply of Honeywell LED lighting products across the UAE. Mafco had recently secured f


UK’s Sparrows Group to operate in Saudi Arabia

UK-based Sparrows Group, a global specialist equipment and integrated engineering services company, has been granted commercial registration to operate in Saudi Arabia. The commercial registration allows Sparrows Saudi Arabia LLC, a newly established entity in Dammam, to deliver


Aramco to buy remaining 50pc of JV with Lanxess

Specialty chemicals group Lanxess plans to sell its remaining 50 percent stake in Arlanxeo to its joint venture partner Saudi Aramco, a world-leading integrated energy and chemicals company.    The two companies, that founded Arlanxeo in 2016 as a 50:5


Siemens wins Iraq gas-fired plant upgrade contract

Siemens, a global technology powerhouse, said it has secured a major contract from China Machinery Engineering Corporation (CMEC) for upgradation of one of the largest gas-fired power plants in Iraq. The move, which comes as part of Siemens' measures towards supporting the re


Indian firms eye new oil and gas concessions in RAK

Ras Al Khaimah Petroleum Authority (Rakpa), the regulator of the petroleum sector in the Emirate of Ras Al Khaimah (RAK) in the UAE, is seeing a high level of interest from Indian companies to qualify for the 2018 RAK licensing round. Growing demand in the Indian market and the u


Iraq ropes in Sicuro for Basra's OOC operations

UAE-based Sicuro Group said it has been signed up by the Iraqi government as the exclusive operating partner for Basra's Oil Operations Centre (OOC). The OOC is the information, incident management and emergency response centre for the Iraqi government's Basra Operations

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