Tuesday 27 September 2016
 
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AirAsia places $2.7bn engine order

AirAsia today announced that it has ordered 200 additional CFM LEAP-1A engines to power 100 new Airbus A321neo. The order, which expands its LEAP engine fleet to nearly 730 engines, is valued at $2.7 billion at list price. The agr

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Airbus lags Boeing in order race ahead of Farnborough Airshow

Airbus goes into next week's Farnborough Airshow lagging behind arch-rival Boeing after ending the first half of the year with 227 aircraft orders, or 183 after adjusting for cancellations, company data showed on Wednesday. Th

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Midsummer wins order for DUO solar cell manufacturing system

Sweden-based Midsummer, a leading manufacturer of high efficiency lightweight, flexible solar cells and solar panels, has received a repeat order for its compact DUO solar cell manufacturing system from customer in the Far East. T

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Siemens wins $800m Ohio gas power plant order

German industrial group Siemens has won an order worth more than $800 million to supply a gas-fired power plant for Lordstown, Ohio, US, it said on Wednesday. The electricity generated by the 940 megawatt plant will power 800,000

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Impact of 'new oil order' on GCC in focus

The direct impact of the 'new oil order' on GCC countries and the anticipated economic implications of the rise of fiscal deficits in the region is the theme of an ongoing conference in Dubai, UAE.   The

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Impact of 'new oil order' on GCC in focus

The direct impact of the 'new oil order' on GCC countries and the anticipated economic implications of the rise of fiscal deficits in the region is the theme of an ongoing conference in Dubai, UAE.   The

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Impact of ‘new oil order’ to be probed

How the ‘new oil order’ across the world will directly impact GCC countries, leading to an anticipated rise of fiscal deficits in the region, will be the theme of the second GCC Financial Markets and Treasury Conference in Dubai, i

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Germany orders recall of 2.4m Volkswagen cars

German automotive watchdog KBA has ordered Volkswagen to recall 2.4 million vehicles in the country after Europe's biggest carmaker admitted to cheating on emissions tests for diesel vehicles.   "We are

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Sandvik wins two key orders for control lines in ME

Sandvik Materials Technology, a division within the Sandvik Group, developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials, has won two important contracts for control lines for the oi

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KBR wins Logcap IV task order for US Army in Kuwait

KBR, a leading technolgy, engineering, procurement and construction company serving the hydrocarbons and government services industries, has won a cost plus fixed fee task order in the Arabian Peninsula under the Logistics Civil Augmentation P

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