A report on the manufacturing sector in the UAE published by Truth Economic Consultancy said that the number of industrial units reached 4,960 units at the end of 2010 compared to 3,036 factories in 2004. The increase in factories by 1,924 ...
Tags: manufacturing sector, UAE, increase, factories
Belgium-Visualization expert Barco has recently signed a series of major deals.One of the eye-catchers is that with the European audiovisual expert AED Display.The company purchased 18 HDX-W18,24 ultra-bright HDF-W26 and 10 HDQ-2K40 ...
Gulf News reported that Abu Dhabi based Emirates Aluminium Company expects the AED 16.52 billion Phase II of its smelter to be complete by the Q1 of 2014 when it will raise production up to the capacity levels of 1.3 million tonnes. Mr ...
Reuters reported that Emaar Properties revenue from apartment's sales more than tripled in the Q3,helping Dubai's largest developer overcome a sharp decline in the sale of commercial units. A detailed earnings statement said that revenue ...
Tags: Emaar Properties, revenue, sales
Dubai,United Arab Emirates:Being an extremely electricity-intensive industry,a continuous supply of energy is critical for business continuity at Dubai Aluminium the entirely state owned corporation that operates the world's largest single ...
Tags: Dubal, aluminium, conserving energy, investment
Cardiac Science, a subsidiary of Opto Circuits, has introduced a new version of automated external defibrillator (AED), Powerheart G5, in Europe. The Powerheart G5 is designed to help facilitate both professional rescuers and first-time ...
Tags: Cardiac Science, automated external defibrillator, AED, Opto Circuits
US-based HeartSine Technologies has appointed Declan O'Mahoney as the company's new chief executive officer (CEO). Previously, O'Mahoney served as CEO at Firecomms, where he attracted major investments from Irish, European and ...
Elsamex SA, Spain, a wholly owned subsidiary of IL&FS Transportation Networks Ltd in a 50:50 consortium with ASCON Road Construction LLC, UAE had participated in the bid tendered by the Department of Transport, Abu Dhabi, UAE for the ...
Tags: IL&FS, Transportation Networks, Abu Dhabi
The Saudi stock exchange s cement index climbed almost 6% yesterday to smash the 4,000 mark for the first time in almost seven months, with some suppliers making the biggest gains of the year. The measure for the companies selling the ...
Tags: Cement, Yamamah Cement, Qassim Cement, Yanbu Cement
Rail technology leader Bombardier Transportation has signed a contract with construction contractor Al Jaber LEGT Engineering and Contracting LCC to design and build an INNOVIA APM 300 automated people mover system for the Dubai ...
Tags: rail technology leader, Bombardier, construction contractor
Drake & Scull International a regional construction company has signed a range of new contracts worth AED 149 million in Qatar and India. It includes two mechanical, electrical and plumbing contracts worth AED 55 million for hotel ...
Arabian Business reported that Hydra Properties is being forced to auction three plots of land in Dubai to settle outstanding payments owed to homeowners who won legal cases against the developer for delayed and cancelled real estate ...
Tags: homeowners, real estate projects, payments
The Gulf Cooperation Council region is estimated to have already invested around AED 17.3 billion into aluminium projects with member states collectively producing around 3.6 million tonnes of the commodity a year to account for almost 10% ...
Tags: Gulf Cooperation Council, aluminium project, aluminium output, aluminium
Reuters reported that Dana Gas has received USD 48 million in overdue payments for fuel supplied in Kurdistan. Delays in getting paid for operations in both Kurdistan and Egypt have contributed to Dana's financial problems which ...
Tags: overdue payments, oil gas industries, fuel oil plus, kurdistan iraq
Dubai's Drake & Scull International has signed three contracts valued at a total AED 149 million for projects in Qatar and India. The firm signed two mechanical electrical and plumbing contracts in Qatar one for a AED 55 million hotel ...
Tags: water power operations, Goldman Sachs, wast water treatment