United Arab Shipping Company (UASC) has signed contracts to build some of the world's largest and greenest container ships – all of which will be classed by DNV. Hyundai Heavy Industries, Korea (HHI) is to build the five 18,000 TEU ...
Tags: Shipping, logistics, Container Ships
Communication solutions and services provider, Motorola Solutions, has named Steve Crutchfield managing director, Australia and New Zealand. Crutchfield was previously a general manager of Motorola Solutions' Services Delivery ...
Tags: Computer Products
A 53% jump in consumer demand for gold in China and India during the second quarter was not enough to offset a heavy decline in Exchange Traded Fund purchases which fell 400 mt over the same period, leaving demand down 12% on year at 856 ...
Tags: Gold Demand, Mineral
Specialty chemicals producer Clariant and Tasnee & Sahara Olefins have signed an agreement to establish a masterbatches joint venture (JV) in Saudi Arabia. Tasnee will acquire a 40% stake in Clariant's masterbatches operations in the ...
Tags: joint venture, Clariant
According to the data provided by the Turkish Statistical Institute (TUIK), in May this year Turkey's total wire rod exports amounted to 64,523 metric tons, falling 12.3 percent month on month and down 44.6 percent compared to May 2012, ...
Tags: Wire Rod
Once again Suez Cement is the main sponsor of the 20th INTERBUILD exhibition that will be held on 20-24 of June at the Cairo International Conference Center in Nasr City. Held under the patronage of H.E. Hisham Qandil, INTERBUILD ...
Tags: Cement, Construction
Japan-based financial services provider ORIX Corporation has signed an agreement to acquire approximately 25.7% of issued shares of Bahrain-based the Mediterranean and Gulf Insurance and Reinsurance Company (MEDGULF). ORIX, which entered ...
Tags: Service
The petrochemical production by the six-member Gulf Cooperation Council (GCC) comprising of Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman has risen by 5.5 percent in 2012, according to the Annual Report released ...
Tags: Petrochemical Output, Textile
After a hugely successful first year, the International Woolmark Prize (IWP) continues to gain momentum globally as more partners, retailers and designers align themselves and their brands to help promote outstanding and emerging talent ...
Tags: Apparel&Accessories, Woolmark
According to the data provided by the Turkish Statistical Institute (TUIK), in February this year Turkey's total wire rod exports amounted to 76,989 metric tons, falling 36.1 percent month on month and down 27.5 percent compared to February ...
Tags: Wire Rod Exports, Mineral
Flowserve Corporation announced it has received a multi-million dollar order from M.N. Larnaca Desalination to provide a complete pump package and energy recovery devices (ERDs) to be used at Larnaca, a 60,000 cubic meters/day (15.9 million ...
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that in the first three months of this year its subsidiary Shijiazhuang Iron and Steel Co. exported 82,000 mt of finished steel, up 16 percent year on year. ...
Tags: Shijiazhuang Steel, Finished Steel, Mineral
RAK Ceramics, the world’s largest manufacturer of ceramic and porcelain tiles, has gone live with software solutions from SAP in a bid to markedly improve process efficiency and drive sustainable business growth. Phase one of the ...
Tags: RAK Ceramics, software solutions, SAP ERP
Huawei last week opened its first Middle East IT Competence Centre in Bahrain, as part of its effort to support the development of the country’s IT and telecoms industry. The centre will help to develop the high-level IT skills of ...
Ericsson has announced the appointment of Victoria Strand as Head of the GCC and Pakistan Unit, part of the Ericsson Middle East Region. In her new role, Strand will be responsible for handling the company’s customer relations, ...