Wednesday 19 June 2013
 
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Alba sets new production milestone

Aluminium Bahrain (Alba), one of the largest aluminium smelters in the world, has achieved a major milestone with its Pot Line 5 getting upgraded to AP37 technology following the increase in line current to 370 kA. Alba is current

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Fitch revises Saudi outlook to 'positive'

  Fitch rating agency has affirmed Saudi Arabia's AA-minus rating but said the country could see an upgrade in coming months because of progress in handling social stressors and strengthened budget buffers.  

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Wataniya picks Ericsson to upgrade network

Wataniya Telecom, a leading mobile telecom operator in Kuwait, and Ericsson have signed an agreement that will see Ericsson transform Wataniya Telecom’s network with an upgraded radio access network. The transformation will

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Focus Softnet upgrades CRM Solution

Dubai-based Focus Softnet, the leading software development company, has launched Focus CRM version 2.0, a Web application that packs more features and functionalities than the previous version of the product. The new Focus CRM 2.

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Mubasher gets Bahrain investment upgrade

Mubasher Financial Services (MFS), a leading regional brokerage firm with subsidiaries in the UAE, Bahrain and associate companies in Libya and Egypt, has been licensed as a category 1 investment firm by the Central Bank of Bahrain.

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GFI upgrades business security solution

GFI Software, a leader in IT solutions, has upgraded its Web security solution for small and medium-sized businesses (SMBs) with several new features. The latest version of GFI WebMonitor now features a Security Dashboard, an expansion

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Drydocks in major jack-up rig upgrade

Dubai's ship building unit Drydocks World has announced the completion of conversion and upgrade of the jack-up drilling platform, Beynouna belonging to the National Drilling Company (NDC), one of the largest drilling contractors in the Midd

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Jafza gets Fitch ratings upgrade

Fitch Ratings has upgraded Jebel Ali Free Zone's (Jafza) long-term Issuer Default Rating (IDR) to 'B+' from 'B' and removed it from Rating Watch Positive (RWP) where it was placed on June 1, 2012 and has given it a stable outlo

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McLaren upgrades MP4-12C sports car

UK-based McLaren Automotive, a producer of premium sports cars for the road, has announced a package of enhancements for the 2013 model year version of its MP4-12C high performance sports car. Headlining the changes is a 25hp power increas

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DP World completes major port upgrade

DP World, the Dubai-based global marine operator, has announced the completion of the first phase of Al Hamriya port development plan aimed at modernising and upgrading the port to meet customers and fishermen’s growing needs. The first ph

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