Tuesday 22 August 2017

Iran petchem export up by $468m in 4 months

Iran’s petrochemicals exports between March and July reached 7.188 million tons, worth more than $3.496 billion, a report said. In the same period of preceding year the amount was 6.847 million tons valued at $3.028 billion, reported Irna, citing a Ministry of Petr


Top regional, international experts to attend Dubai Maritime Agenda

Top regional and international experts and decision-makers will discuss the developing role of the maritime sector at the Dubai Maritime Agenda 2017, to be held in October, in Dubai, UAE. Under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of


Bahri completes registration of Aslaf under Saudi flag

National Shipping Company of Saudi Arabia (Bahri), a global leader in transportation and logistics, has announced that the Ministry of Transport under the supervision of the Public Transport Authority (PTA) has completed the registration of Aslaf, a very large crude carrier (VLCC) owned and ope


Fujairah Terminals welcomes first container feeder vessel

The newly established Fujairah Terminals, under the management of Abu Dhabi Ports, recently welcomed its first container feeder vessel, the Dubai Alliance, said a report. This is the first ship to arrive at the terminal, which is wholly owned by Abu Dhabi Ports, the master develo


Sony operating profit up 180.5pc in Q1

Sony Corporation has reported an operating income of $1.407 billion for the quarter concluding on June 30, 2017 (Q1), up 180.5 per cent from $501.78 million in Q1 2016. The increase was attributed mainly to the growing sales of imaging products and solutions (IP&S), said a st


Sharjah FDI Forum to host talks on major topics

A series of panel discussions conducted by regional and international investment experts will take place at the third edition of the Sharjah FDI Forum, the annual foreign direct investment (FDI) event, to be held next month in Sharjah, UAE. The event is being held under the patro


Oman Drydock signs partnership deal with Singapore shipyard

Oman Drydock Company (ODC), which owns and operates the sultanate’s only ship repair yard at Duqm, has signed a partnership agreement with Global Offshore & Marine Pte Ltd, a prominent Singapore-based shipyard, said a report. Global Offshore & Marine, part of the we


Iran's Ezam signs auto parts deal with Bosch, Valeo

An Iranian company will launch production of automobile parts in Iran in cooperation with two leading German and French companies, said a report. According to a joint venture contract, Iranian Ezam Automotive Parts Group will technically cooperate with German Bosch Company as wel


Qatar's QSTec helps SolarWorld come out of insolvency

Qatar Solar Technologies (QSTec) has revealed that it has successfully come to an arrangement which would see Germany-based SolarWorld Industries emerge from insolvency and ensure the continuation of solar photovoltaic (PV) module manufacturing. SolarWorld Industries is a fully i


Immensa wins ISO certification in 3D printing

UAE-based Immensa Technology Labs, a leading additive manufacturing (AM or 3D printing) company, has recently been awarded the prestigious ISO 9001:2015 certification in the field of ‘Design and Additive Manufacturing Services.’  The certification makes Immensa T

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