Thursday 25 May 2017
 
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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

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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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New hub to drive SME, start-up growth in Saudi

The Small and Medium Enterprises General Authority of Saudi Arabia has announced the establishment of HUB1006, an operating entity for a series of entrepreneurial hubs focused on growing the SME and start-up sectors across the Kingdom. HUB1006 was launched during the Impact to In

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Tanzanian group makes debut at Index

Tanzania’s luxury furniture brand Molocaho by Amorette is making its debut at the Index Design Series 2017 expo in Dubai in a big way with the launch of M-Luxury Chair, the world’s only Tanzanite encrusted hardwood chair worth $98,000. A leading interiors and design t

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Lanxess to focus on new halogen-free polyesters, polyamides

Specialty chemicals company Lanxess will inroduce its new halogen-free, flame-retardant polyesters and polyamides the upcoming Plastics in E&E Applications conference at Marienberg Fortress in Würzburg, Germany, on May 30 and 31. Participants at the event range from plas

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Siemens completes extensive service at Dewa plant in record time

Siemens has completed extensive service operations on the gas turbines at Jebel Ali K-station in a record time of only 29 working days, a notable accomplishment for a project of this scale, the company said. The power plant is located in Dubai and owned by Dubai Electricity and W

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GAC Dubai Contract Logistics ops win ISO certification

GAC Dubai’s commitment to quality and food safety has earned it ISO 22000:2005 accreditation. The certification comes after a stringent DNV audit which confirmed the company’s compliance with the internationally recognised standard, the company said. It builds on the

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Oman’s PEIE inks $129m facility with BankDhofar

Oman’s Public Establishment for Industrial Estates (PEIE) has signed financial facility worth RO50 million ($129 million) with Bank Dhofar for several infrastructure projects undertaken by the PEIE in its industrial estates, a report said. “Moreover, the agreement rep

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Oman to call proposals for major solar project

Oman is likely to issue a Request for Proposals (RfP) in the fourth quarter of this year to set up its first large scale solar Independent Power Project (IPP), a report said. Oman Power and Water Procurement Co (OPWP) plans to procure several IPPs providing around 2,400 MW of new

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Bahrain business confidence index gains in Q2

The business confidence index in Bahrain has amounted to more than 19.91 positive points in the second quarter of 2017, according to a survey conducted by the Information & eGovernment Authority (iGA). The survey measures indexes of investors’ confidence, evaluate the c

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