Thursday 25 May 2017
 
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GE signs $15bn business deals with Saudi Arabia

US technology and engineering conglomerate GE said on Saturday it had signed business deals worth $15 billion with Saudi Arabia in a major boost to its industrial project development and cross-sector capacity building. Announcing the deals in partnership with the kingdom, GE said

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Saudi Aramco in deal to boost IIoT cooperation

Technology giant Honeywell said it has signed a deal with Saudi Aramco aimed at boosting co-operation in diversification of the kingdom's energy sector, and accelerating the benefits of the Industrial Internet of Things (IIoT) within Saudi Aramco’s operations. As per th

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Oman's Duqm port terminal work in full swing

Work is progressing fast on the construction of the container terminal and other key infrastructures at the Port of Duqm and is expected to be completed by 2019, reported Muscat Daily, citing a senior official.   While the first phase is expected to be

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Siemens launches new gas engine E-series

Siemens, a global technology powerhouse, has launched its new gas engine E-series with a power output of two megawatts (MW). It includes both the SGE-86EM for the 50-Hz market and the SGE-100EM for the 60-Hz market. The new E-series engine has 12 cylinders and offers a large volu

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Counterfeit steel products 'a big worry in region'

More than 53 per cent of the steel industry has reported an incidence of, what is believed to be, counterfeit steel products at some point in day-to-day operations, according to a study commissioned by the Steel Alliance against Counterfeiting (SAAC). SAAC, which was formed in 20

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Reebok launches new plant-based footwear

Global fitness brand Reebok has recently announced its “Cotton + Corn” sustainable products initiative, which will bring plant-based footwear to the market later this year. Cotton + Corn is an initiative developed by the Reebok Future team to create shoes “made

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UAE joins GCC-EU trade talks

The UAE participated in the first trade and investment dialogue between the GCC and the European Union (EU), which concluded yesterday (May 17) at the headquarters of the council’s general secretariat in Riyadh, Saudi Arabia. The Ministry of Economy organised the UAE delega

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Kärcher unveils key products at Project Lebanon

Karcher, a global leader in innovative cleaning technology solutions, is showcasing its products and solutions at Project Lebanon, a premier exhibition for building material and equipment, being held in capital Beirut. The 22nd edition of Project Lebanon concludes tomorrow (May 1

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Emirates SkyCargo takes Jaguar Land Rover to Chicago

Emirates SkyCargo, the freight division of Emirates, has operated its freighter aircraft from UK’s Birmingham airport as part of a new bespoke service for the transportation of exclusive Jaguar Land Rover cars to Chicago, US. Emirates SkyCargo flight EK9923 departed Birming

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Drone earns award for AkzoNobel partnership

A drone developed to improve maritime safety by a group of companies including AkzoNobel’s Marine Coatings Business has earned an innovation award. The Plimsoll Award for Innovation, awarded by Professional Mariner magazine, recognises the efforts of the group including Bar

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