Sunday 25 June 2017

Arabia Holdings wins key ISO certification

Intertek, a leading total quality assurance provider to industries worldwide, has awarded UAE-based Arabia Holdings the ISO 39001:2012 certification, in recognition of its road traffic safety (RTS) management system. Arabia Holdings is a leading business group operating in the UA


Top maritime executives at Abu Dhabi summit

the maritime market, including shipping, ports, finance and banking and law will attend the Maritime Standard Ship Finance and Trade Conference, to be held later this year in Abu Dhabi, UAE. The event will takes place at the Sheraton Abu Dhabi Hotel and Resort on November 8, said


Mena sees biggest lumber imports fall in 2016

The biggest declines in lumber imports globally from 2015 to 2016 were seen in the Middle East and North Africa (Mena) region, where demand fell in all the major markets, including Egypt, Algeria, Saudi Arabia and Morocco, a report said. Global softwood lumber prices trended upwa


Turkey to start building first nuke plant in 2018

The Turkish subsidiary of Russia’s nuclear energy company Rusatom plans to launch its project to build the first nuclear power plant (NPP) in Turkey next year, Russian news agency Tass reported, citing a statement from the Rosatom State Nuclear Corporation. Russia


Morocco deploys new Saab underwater robotic vehicle

Saab Seaeye, one of the world’s leading underwater e-robotics companies based in Sweden, said it has delivered its Falcon underwater robotic vehicle to The Royal Moroccan Gendarmerie for dealing with emergencies. The Falcon is a small, yet powerful resource for rapid deploy


Saudi Almarai wins approval for big capital increase

Saudi Arabia's Almarai, the largest dairy company in the Gulf, said it has won approval from its shareholders to increase its capital from SR8 billion ($2.1 billion) to SR10 billion ($2.6 billion).   This increase will be done through one bonus share issue f


Dewa, GE hold 3D printing workshop

Dubai Electricity and Water Authority (Dewa) has organised 3D Printing and Additive Manufacturing Workshop, in cooperation with General Electric (GE). This is part of a Memorandum of Understanding (MoU) that was signed between Dewa and GE last March to collaborate in 3D printing,


Damen to deliver three build tugs for EU operations

Netherlands-based Damen Shipyards Group said it will deliver three new build tugs to Kotug Smit Towage for its European harbour towage operations. This order will bring the total number of Damen-built tugs operating in Kotug Smit’s fleet of 69 to 22, said a statement from t


DP World, Kazakhstan to build port community system

Dubai-based DP World, a leading enabler of global trade and the Kazakhstan government have signed two agreements for the development of a Port Community System (PCS) and to integrate customs processes ahead of the Astana Economic Forum. PCS is a one stop electronic platform devel


Gulf Energy Maritime inks $74m Islamic finance deal

Dubai-based Gulf Energy Maritime (GEM), a leading independent commercial product and chemical tanker operator, has signed a Dh275 million ($74.8 million) Islamic finance deal with Dubai Islamic Bank (DIB). A major player in the region, GEM currently has a fleet of 19 trading ship

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