Aramex Q1 net profit up 10pc to $23.5m
Aramex, a leading global logistics solutions provider, has posted a net profit of Dh86.6 million ($23.5 million) during the first quarter, up from Dh78.7 million ($21.4 million) in Q1 2014, marking an increase of 10 per cent.
Lockheed Martin profit down on poor jet sales
Lockheed Martin, the Pentagon's No. 1 weapons supplier, reported a six per cent fall in quarterly profit, partly due to fewer aircraft deliveries.
DI unveils energy-efficient products at Wetex
Dubai Investments (DI), a leading investment company, is showcasing a wide-ranging portfolio of energy-efficient products and solutions at the ongoing Water, Energy, Technology and Environment Exhibition (Wetex) in Dubai, UAE.
UK port appoints new chief executive
UK-based Montrose Port Authority (MPA) has appointed Nicholas Scott-Gray as its new chief executive.
Adionics launches ‘smart desalination solution’
Adionics has launched Smartex, a smart desalination solution, capable of selecting specific salts in order to address the growing demand coming from oil and gas, food and beverages, and mining industry.
GCC switchgear demand at all-time high
The demand for medium voltage (MV) and high voltage (HV) switchgears in the GCC is at an all-time high due to the rapid expansion of the power, oil and gas infrastructure, and construction sectors, a report said.
Wasl group wins Dubai quality award
Dubai-based wasl Asset Management Group has been awarded with the Dubai Quality Award for obtaining excellence in the ‘Service’ category in recognition of its highest standards in the provision of services to clients.
Agility Iraq receives ISO certification
Leading logistics provider Agility’s GCC Services subsidiary in Basra, Iraq, has received the ISO 9001 certification, making it the first integrated remote site services company in the city to receive the certification.
Airedale opens new facility in Saudi Arabia
Airedale International, a leading manufacturer and designer of innovative cooling solutions, has announced the opening of its new storage and testing facility in Saudi Arabia, in collaboration with local business partner Saudi Temco.
Ericsson showcases solutions to transform utilities industry
Ericsson is exhibiting the future of communications technology by showcasing how smart solutions can transform utilities such as energy, water and sewage, as platinum sponsor at the ongoing Wetex 2015 in Dubai, UAE.
Lixil Water Technology commences operations
Lixil Water Technology, a part of leader in housing and building material, products and service business Lixil Corporatio, has commenced operations.
Internet of Things to deliver $1.9 trillion for logistics sector
Internet of Things (IoT) is set to generate $8 trillion worldwide in value at stake, including $1.9 trillion for supply chain and logistics, over the next decade through new connections, according to a report.
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Gulf Industry Fair
The Gulf Industry Fair is the highly acclaimed trade exhibition for the GCC which has established itself as the unrivalled marketing platform for specialist industrial products and service providers, distributors and agencies representing the key segments of: Aluminium, Industrial Processes and Manufacturing, Steel and Alloys, Energy & Environmental Protection, Logistics & Industrial Facilities, Ports & Maritime Industries, Training for Industry and Industrial Safety & Security.
Over 100 companies from more than 16 countries participated in the seventh Gulf Industry Fair from 4th to 6th February 2014 at the Bahrain International Exhibition and Convention Centre (BIECC).