• Topaz revenue down 25pc in Q1


    Dubai-based Topaz Energy and Marine, an international offshore support vessel company, has posted a revenue of $58.2 million for the three months ended March 31, 2017, down 25 per cent compared to $77.7 million for the same period last year.

  • Toshiba Tec unveils hybrid MFP


    Toshiba Tec Corporation has unveiled the world’s first hybrid multi-function peripheral (MFP) printer, the e-Studio5008LP series.

  • 350 US aerospace, defence firms to take part in Paris Air Show


    US aerospace and defence companies will showcase innovative systems that bolster international security, enhance global economic development and strengthen long-term, bilateral alliances at the International Paris Air Show, next month, in France.

  • Alba makes solid progress on Line 6 expansion project


    Aluminium Bahrain (Alba), the Bahrain-based international aluminium smelter, has been taking solid steps towards the implementation of its Line 6 Expansion Project, Alba chairman has said.

  • Daikin launches premium air cooled chillers


    Daikin, a leading global air conditioning manufacturer, has launched the next generation of premium efficiency Air Cooled Screw Chillers Ewad-MZ Series.

  • GreenMantra develops new synthetic polypropylene waxes


    GreenMantra Technologies, a rapidly growing clean technology company that produces high-value polymer products from waste plastics, has developed a new line of synthetic polypropylene waxes that provide a unique range of technical properties.

  • Rockwell Automation CEO discusses future of IoT


    Manufacturers and industrial operators are discovering practical ways to apply IoT across their operations and they are deriving measurable business value as a result, said a senior official from Rockwell Automation at an event in London, UK.

  • Aramex recognised at Frost & Sullivan’s awards


    Aramex, a leading global provider of comprehensive logistics and transportation solutions, won three awards at the Frost & Sullivan 2017 Excellence in Best Practices Awards Banquet – Middle East.

  • Julphar reports sales worth $100m in Q1


    UAE-based Julphar Gulf Pharmaceutical Industries, a leading pharmaceutical manufacturer in the Middle East and North Africa (Mena) region, has posted sales amounting to Dh369.3 million ($100.5 million) in the first quarter of this year.

  • World Steel reports production at 142.1 mt in April


    World Steel Association (worldsteel) has reported that the crude steel production for the 67 member countries was at 142.1 million tonnes (mt) in April of this year, a 5.0 per cent increase compared to April 2016.

  • Hyundai engineers test prototype i30 N


    Hyundai engineers have been testing a prototype i30 N on some of the best driving roads in the UK, as part of an intensive development programme.

  • Sharjah showcases investment opportunities in China


    The Sharjah FDI Office (Invest in Sharjah), the promotional arm of the Sharjah Investment and Development Authority (Shurooq), has reinforced the emirate’s investment advantages through participating in two global events in China.

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Industry News

Topaz revenue down 25pc in Q1

Dubai-based Topaz Energy and Marine, an international offshore support vessel company, has posted a revenue of $58.2 million for the three months ended March 31, 2017, down 25 per cent compared to $77.7 million for the same period last year....


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News & Features - May 2017

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