Tuesday 22 August 2017

Alba receives South Korean envoy

Aluminium Bahrain (Alba), the Bahrain-based international aluminium smelter, recently welcomed the South Korean Ambassador Koo Hyun-mo to the kingdom, as part of its endeavours to strengthen commercial ties with the Korean Republic.   The ambassador was accompanied by the de


E-Marine restores EASSy cable connectivity

Dubai-based E-Marine, a leading company in submarine cable installation, repair and maintenance, has successfully restored the 10,000 km underwater ‘EASSy’ cable that runs the length of Africa’s east coast. The EASSy cable (Eastern Africa Submarine Cable System)


Sharjah accelerator programme invites global entrepreneurs

Sharjah has taken its flagship Sheraa Accelerator programme to the international stage by inviting entrepreneurs from within the UAE, and across the globe, to apply for its second cycle. The invitation goes out to innovative, early-stage ventures that wish to use Sharjah as a lau


Gulf Navigation posts net profit of $5.2m in H1

Dubai-based Gulf Navigation Holding has reported its net profit of Dh19 million ($5.2 million) during the first half of 2017, compared to Dh14 million ($3.9 million) achieved during the first half of 2016, an increase of 33 per cent. This announcement comes concurrently with the


Neopharma plans major expansion in Mena, Asia

UAE-based Neopharma, a leading pharmaceutical manufacturing company, has revealed that it is planning for a major expansion, primarily in the Middle East and North African (Mena) markets and parts of Asia. These plans take into account the impending growth of the industry in thes


YDE to build solar plant at Middle East Insulation

Yellow Door Energy (YDE), a Dubai-based firm that invests in and operates distributed solar and energy efficiency assets, and Middle East Insulation, a leading player in the UAE's cladding and roof industry, have signed an agreement to install a 205 kWp solar photovoltaic (PV) plant at Midd


Saudi Arabia to import 660,000 tonnes of fodder barley in Oct

Saudi Grains Organization recently announced its 5th tender for the year 2017 for importing 660,000 tonnes of fodder barley during October, 2017 on board 11 ships through the kingdom's ports on the Red Sea and the Arabian Gulf, said a report. The organization's Governor E


Dow Chemical Company to support Plastics Pipes

The Dow Chemical Company, a leader in specialty chemicals delivering products and solutions to several markets, has confirmed its sponsorship of the Plastics Pipes XIX Conference and Exhibition at Gold Level, to be held next month, in Las Vegas, US. This event will take place fro


Gulf Craft sells passenger vessel to Tonga customer

UAE-based Gulf Craft, a major manufacturer of luxury yachts and fibreglass boats, has announced the sale of a passenger vessel, a Touring 36, to a buyer in the remote Polynesian country of Tonga. Erwin Bamps, chief executive officer, Gulf Craft, said: “We are focused on glo


Salalah Free Zone mulls new sugar mill project

Oman’s Salalah Free Zone is being considered as a possible location for the establishment of a sugar mill project, a report said. The proposed venture, which is understood to be still under study, will be the second plant of its kind in the sultanate if implemented, added t

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