• Drydocks World completes world’s largest turret

    SHELL, TECHNIP BACK PROJECT
    Dubai's Drydocks World said it has achieved a major milestone with the completion of the world’s largest turret mooring system which stands almost 100 meters tall and weighs over 11,000 tonnes.

  • Almarai Q2 net profit surges 22pc


    Saudi Arabia's Almarai, the largest dairy company in the Gulf region, has reported an 22.41 per cent increase in second-quarter net profit on Sunday.

  • Saudi non-oil business activity hits record low

    RAMADAN IMPACT
    Growth in Saudi Arabia's non-oil private sector slowed in June, a survey of businesses showed on Sunday, reaching its lowest level since the survey was launched in August 2009.

  • Mubadala MRO unit names interim CEO


    SR Technics, a part of the Abu Dhabi-based Mubadala Aerospace MRO network, has named industry veteran Jeremy Remacha as the interim chief executive officer of the Swiss-based company.

  • Germany to shut down coal-fired plants


    The German government has decided to order the shutdown of several coal-fired plants in order to reach its ambitious climate goals by 2020, government sources told Reuters.

  • ArcelorMittal Mexico unit to slash 2,800 jobs


    ArcelorMittal, the world's largest producer of steel, said it will cut 2,800 jobs at its Mexico unit as global prices slump.

  • Iran steelmakers request import duty hikes


    Iranian steelmakers have asked the government to raise import duties for certain steels by up to 40 per cent as protectionism in the global steel sector gathers pace amid a flood of cheap sales mostly from top producer China.

  • Modon to build logistics centre in Saudi Arabia


    The Saudi Industrial Property Authority (Modon) has signed a deal with the International Dar Al Bandar Company, to build an integrated 150,000 sq m warehouse centre in Sudair region of the kingdom, according to a report.

  • Jotun unveils latest ‘Fenomastic My Home’ range


    Leading paint manufacturer Jotun its latest ‘Fenomastic My Home’ paint, featuring three new theme with an array of colours.

  • DuPont completes spin-off of Chemours


    DuPont has completed the separation of its performance chemicals segment through the spin-off of the The Chemours Company.

  • Infosecurity ME launch set at ISNR in Abu Dhabi


    The Infosecurity Middle East is set to be launched at the event edition of the International Exhibition for National Security and Resilience (ISNR 2016) in Abu Dhabi, UAE, next year.

  • Chargemaster acquires GB Electrical to expand services


    Chargemaster, a UK-based supplier and operator of electric vehicle charging points, has acquired GB Electrical, a specialist national contractor that has expanded into the installation of charging points across the country.

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Industry News

Drydocks World completes world’s largest turret

Dubai's Drydocks World said it has achieved a major milestone with the completion of the world’s largest turret mooring system which stands almost 100 meters tall and weighs over 11,000 tonnes....


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News & Features - July 2015

Aluminium Bahrain (Alba) has received shareholder approval for its Line 6 expansion project which will cost $3.5 billion and make it the world’s largest single...


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