Wednesday 26 April 2017

Bechtel wins major petchem project deals in Egypt

Bechtel, a global leader in engineering, procurement, and construction, has been awarded two contracts by Carbon Holdings of Egypt to deliver major petrochemical projects in Egypt. The contracts are to provide project management services for the Tahrir Petrochemicals Complex at A


Enviroserve to set up recycling plant at Dubai Industrial Park

Enviroserve UAE, a global leader in the delivery of waste and environmental solutions, has signed an agreement with Dubai Wholesale City for the construction of a 228,000-sq-ft electronics and specialised waste recycling plant at Dubai Industrial Park, a dedicated industrial hub within the Duba


Mideast offshore supply vessel activity sees 2.6pc increase

The Middle East was the only global market to witness an increase in demand in offshore supply vessel (OSV) activity in 2016 of 2.6 per cent, indicating that regional government investment continues to support the sector’s performance since the fall of oil prices in 2014. T


Royal Commission of Yanbu opens 'smart city' project

The Royal Commission of Yanbu, in collaboration with Bayanat Co, an Etihad Etisalat (Mobily) subsidiary, has inaugurated the first smart city in Saudi Arabia at Yanbu. The smart city was opened at a ceremony held at the Head Office of the Royal Commission for Jubail & Yanbu i


Etihad Airways unit, Diehl to collaborate on 3D project

Etihad Airways Engineering has signed an agreement with Diehl Aerosystems to jointly design, manufacture and install the first serial produced 3D-printed cabin plastic part on an aircraft for one of its customers. Additive manufacturing – commonly referred to as 3D-printing


Bigger role for Mideast’s helicopter segment discussed

Leading companies in the helicopter segment of the aviation sector discussed ways to advance the role of helicopters in the Middle East’s luxury, medical, military and civil sectors at the Dubai HeliConference, which concluded yesterday (April 18), in Dubai, UAE. The two-da


Empower awards $17m district cooling deals in Q1

UAE-based Emirates Central Cooling Systems Corporation (Empower) said it has awarded contracts worth Dh62 million ($17 million) in the first quarter in further support to its commitment to increase environmental efficiency. According to Empower, the main reason behind the increas


Yamama Cement Q1 profit plunges 66pc

Yamama Saudi Cement reported a net profit of SR50.8 million ($13.5 million) during the first quarter of 2017, marking a fall of 66 per cent year-on-year (y-o-y), driven by a decline in operating profit. The company also reported a gross profit SR63 million during the first quarte


Abu Dhabi Ports signs deal with Emirates Red Crescent

Abu Dhabi Ports has signed a memorandum of understanding (MoU) with Emirates Red Crescent to promote humanitarian partnership between the two entities, in response to the “Year of Giving”. Abu Dhabi Ports is the master developer, operator and manager of the emirate


RAK marine institute starts new drivers' course

The RAK Marine Training Institute, recently founded to meet the growing demand for specialist marine training in Ras Al Khaimah and the Northern Emirates, has announced its inaugural drivers' course for vessels up to 12 m. The course is fully accredited by the UAE Federal Tra

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