Drydocks World creditors select Moelis as advisor
Creditors of Drydocks World, the Dubai government-owned company seeking to revise part of a $2.3 billion debt restructuring deal which it signed in 2012, have chosen Moelis & Co as an adviser, sources familiar with the matter said.
Oman business delegation to visit India
A business delegation comprising 14 Omani companies will visit India beginning August 10 with a view to improving trade and investment links and export.
Abu Dhabi’s sustainable lighting strategy in focus
The Abu Dhabi Municipality (ADM) recently implemented its sustainable lighting project that offers multi-pronged benefit, as part of the emirate’s lighting strategy.
Industries Qatar Q2 profit up 20pc, H1 slips
Industries Qatar reported a 20 per cent increase in second-quarter profit on Tuesday that beat analyst forecasts, although its half-year profit fell because of declining petrochemicals prices versus a year earlier.
Mapna to build major power plant in Iraq
Iranian industrial group Mapna has won the engineering, procurement and installation contract for the $2.5 billion natural gas-fired power plant project in the Rumaila area of Basra, Iraq.
Honeywell launches thermostat for mosques
Honeywell, a leading manufacturer of heating, ventilating and air conditioning (HVAC) controls, has launched the VisionPro 8000 thermostat for mosques.
DP World Australia inks lease deals with port
DP World Australia, a unit of Dubai-based marine operator DP World and the Port of Melbourne Corporation (PoMC) have signed new lease arrangements at DP World Australia’s West Swanson Terminal.
Strategic Marine delivers personnel vessels stock programme
Strategic Marine, a specialist shipbuilder and fabricator, has confirmed its stock programme of personnel transport vessels is market-ready.
Bahrain to host Gulf Pharma-Medical Conference
More than 400 participants including doctors and pharmacists from Bahrain and the other GCC countries will attend the First Gulf Pharma-Medical Conference in the kingdom next month, a report said.
LR Senergy wins key deals in Middle East
LR Senergy, an integrated energy services company, said it has been awarded a number of contracts worth a combined $7 million in the Middle East, Europe and Asia (MEA) as it continues to adapt to the difficult and changing market conditions.
APM Terminals appoints new managing director for Bahrain
APM Terminals Bahrain, the operator of Khalifa Bin Salman Port, has appointed Mark Hardiman as its new managing director.
Siemens wins Iraq substation contract
Iraq’s Ministry of Electricity has signed a contract with German industrial group Siemens to carry out the rehabilitation of four 132 kV substations in Baghdad, said a report.
Germany-based RMA’s Middle East pipeline equipment plant in Bahrain has made...
Garmco, the Bahrain-based aluminium rolling mill and a major exporter, has signed up...
Gulf Petrochem Industries Company (GPIC) has reported its exports have been...
Bosch, the global technology and services provider, highlights it has continued its...
Panasonic, a world leader in security solutions with technological breakthroughs that...
UAE-based Rawlplug Middle East, a specialist in a wide range of fixing solutions, will...
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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).