• China's Cosco wins Abu Dhabi container terminal deal

    $400m INVESTMENT
    China's Cosco Shipping Ports will invest $400 million in building a container terminal in Abu Dhabi as the emirate aims to expand trade with the world's second largest economy, a senior company official said on Wednesday.

  • Lockheed Martin to deliver simulation training system for RJAF


    Lockheed Martin will deliver a new simulation-based F-16 training environment for the Royal Jordanian Air Force (RJAF) under a contract valued at nearly $40 million.

  • Major Sebacic acid project to be set up in Oman


    Indian and Omani investors will set up a major joint venture project aimed at producing 30,000 tonnes of Sebacic acid per annum in Oman’s Duqm free zone, which will be commissioned by the end of 2017, said a report.

  • PetroRabigh construction delay to raise project cost

    COST COULD JUMP TO $9bn
    Saudi Arabian petrochemical company PetroRabigh said on Thursday it would again delay completion of an expansion project, raising the cost of the project to SR34 billion ($9.1 billion).

  • Orpic set to begin work on Liwa Plastics project


    Oman Oil Refineries and Petroleum Industries Company (Orpic) will lay the foundation stone on October 10 for construction work at Liwa Plastic Project, a report said.

  • Oman firm to produce bottled water, soft drinks


    Oman-based Al Batinah Development and Investment Holding’s board has decided to invest in a project to produce bottled water, soft drinks and juice in Saham (North Batinah), said a report.

  • Top bunkering event to be held in Singapore


    Leading global suppliers, traders and buyers will discuss latest developments in the marine industry at the 19th Singapore International Bunkering Conference and Exhibition (Sibcon), to be held in October, in Singapore.

  • Dewa awards contract for world's first 3D-printed lab

    CONVRGNT WINS KEY DEAL
    Dubai Electricity and Water Authority (Dewa) has awarded Convrgnt Value Engineering the contract to design and construct the world's first 3D-printed laboratory building and the first building in the UAE that is fully printed onsite.

  • Dafza launches business accelerator programme


    The Innovation Unit at Dubai Airport Freezone Authority (Dafza) has commenced the Double Up 3M business accelerator programme custom-designed to identify and remove barriers faced by the free zone’s clients.

  • Alba board pleased with the progress of Line 6 project


    Aluminium Bahrain (Alba), a leading international aluminium smelter, has been performing reasonably well in light of the market conditions, according to a statement by Alba chairman Shaikh Daij Bin Salman Bin Daij Al Khalifa.

  • Bahri deploys data-driven solution to boost ops


    Saudi Arabia-based Bahri, a global leader in logistics and transportation, has introduced a maritime industry-first ‘data innovation’ platform to enhance productivity, unlock opportunities for growth and transform the shipping industry.

  • UAE, New Zealand discuss moves to enhance trade ties


    The UAE and New Zealand have discussed moves to enhance cooperation and economic relations between the two countries, especially across vital sectors and areas like renewable energy, agriculture, food and innovation.

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Industry News

China's Cosco wins Abu Dhabi container terminal deal

China's Cosco Shipping Ports will invest $400 million in building a container terminal in Abu Dhabi as the emirate aims to expand trade with the world's second largest economy, a senior company official said on Wednesday....


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News & Features - September 2016

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