Tuesday 23 May 2017

Hormann introduces high-speed door for food sector

Hormann, a leading Germany-based provider of doors and gates, has introduced a high-speed door, type V 2515 Food L, for the food sector. This door features side guides that are particularly easy to clean, said a statement from the company. The high-speed roller doo


Emirates SkyCargo helps export of perishables from Vietnam

Emirates SkyCargo, the freight division of Emirates, has played a key role in strengthening trade links in perishables between Vietnam and the UAE.   Over the last year, the carrier has facilitated a near five-fold increase in the volumes of exports of fruits including rambu


Navistar Defense tactical vehicles contract from Iraq

US-based Navistar Defense, an affiliate of Navistar International Corporation, has been awarded a $18.77 million firm-fixed-price foreign military sales contract for 115 medium tactical vehicles for Iraq, said a report. Navistar Defense offers a complete portfolio of tactical and


Omani firms to set up $31m abalone farming projects

Oman-based Aljazeera Investment Company and The Five Oceans, a recognised local company in fisheries and fish farming, have signed an agreement worth RO12 million ($31.1 million) to develop one of the biggest abalone farming projects in the sultanate, said a report. The site of t


Saudi joint venture signs deals for 1,000 buses

Public Transport Company (PTC), the joint venture between RATP Dev and Saptco, has signed major agreements with Mercedes-Benz and  MAN to acquire around 1,000 buses for the future Riyadh bus network.   The agreements are significant achievements towards the


Ford names Jim Hackett as new president and CEO

Ford Motor Company has named Jim Hackett as its new president and CEO and announced key global leadership changes designed to further strengthen its core automotive business and accelerate a strategic shift to capitalise on emerging opportunities. He succeeds Mark Fields, 56, who


DMCC chief holds trade talks in Perth

Dubai Multi Commodities Centre (DMCC) executive chairman Ahmed Bin Sulayem has conducted a series of meetings with senior government officials of Western Australia (WA) in Perth to enhance bilateral relations and further bolster trade between the DMCC, the world’s leading and most interco


Alba wins corporate governance award

Aluminium Bahrain (Alba), the Bahrain-based aluminium smelter, has won the Ethical Boardroom Corporate Governance 2017 Award in the Middle East. The award recognised Alba for its outstanding corporate governance policies as well as maintaining good practices in accountability and


Dafza holds India forum; eyes investments

The Dubai Airport Freezone Authority (Dafza) has organised a special forum for Indian businesses under the theme ‘India: A Strategic Partner for Growth in an Evolving Global Economy’.   The forum was attended by Dr Mohammed Al Zarooni, director gener


Grid inter-connectivity to net $33bn savings for GCC

Grid inter-connectivity between the GCC countries will generate $33 billion in investments, economic and energy savings for the bloc over the next 25 years, reported The Gulf Times, citing data from leading global consultant Dun & Bradstreet. The GCC Interconnection

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