• Ukraine inks deal for high-speed Hyperloop system


    Hyperloop Transportation Technologies, a global leader in providing innovative solutions to the transportation industry, has signed an agreement with Ukraine government for building a planned commercial Hyperloop system in the country.

  • Lamprell, Asyad Holding to set up Saudi JV company

    FOCUS ON KEY ARAMCO PROJECTS
    UAE-based Lamprell, a major provider of fabrication, engineering and contracting services, said it will join hands with Saudi group Asyad Holdings to set up a joint venture company in the kingdom as part of its regional expansion strategy.

  • MRO firms ‘to benefit from IIoT-enabled tech’


    Maintenance, repair, and overhaul (MRO) companies will gain a valuable competitive advantage by leveraging IIoT-based technologies such as Big Data & Analytics, cloud infrastructure, and mobility, a report said.

  • Metito chairman gets IDA council seat


    UAE-based Metito, a provider of total intelligent water management solutions in the emerging markets, said its chairman and chief executive Mutaz Ghandour has been inducted into the council of International Desalination Association (IDA).

  • Flexenclosure builds data centre for CenturyLink in Ecuador


    Internet infrastructure specialist Flexenclosure said it has completed construction of a data centre for global communications and IT provider CenturyLink in Ecuador.

  • UAE supply chain outlook ‘remains positive’


    The UAE continued to retain its position in the ‘green category’ for its positive supply chain environment during the fourth quarter (Q4) of 2017, according to the latest CIPS Risk Index.

  • Saudi Arabia, Russia to invest $2bn in tech projects

    STRATEGIC ALLIANCE
    The Russian Direct Investment Fund (RDIF) together with partners from Saudi Arabia intend to invest $2 billion in technology projects in 2019, head of RDIF Kirill Dmitriev was quoted as saying in a media report.

  • Dubai RTA lifts 4m riders during Eid holidays


    Dubai’s Roads and Transport Authority (RTA) said that the total ridership of public transport means and taxis of the RTA during Eid Al Fitr holidays 2018 had reached 3,794,320 riders.

  • KBR unit seals $900m US defence project contract

    ENGINEERING, CYBER SECURITY
    KBR, a major engineering and construction company, said its global government services unit has been awarded a $900-million contract to provide specialised engineering, cybersecurity and intelligence solutions for a key US defence project.

  • Stable outlook for shipping firms on earnings growth


    The outlook for the global shipping sector for the next 12 months remains stable on the back of expected supply-demand improvements in the dry bulk and container shipping segments said Moody's Investors Service in a new report.

  • Djibouti Port concession deal in place, says DP World


    Global marine terminal operator DP World has denied media reports stating that the Dubai firm was looking for an out of court settlement over its dispute with Djiboutian government over their illegal action in taking control of the port at Doraleh.

  • Inttra sees record transaction volumes in May


    Inttra, the largest neutral network and information provider at the centre of the ocean shipping industry, said May was a record month for the company with four million requests for container bookings or shipping instructions on its platform.

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Industry News

Ukraine inks deal for high-speed Hyperloop system

Hyperloop Transportation Technologies, a global leader in providing innovative solutions to the transportation industry, has signed an agreement with Ukraine government for building a planned commercial Hyperloop system in the country. ...


Digital Edition










News & Features - June 2018

Aluminium Bahrain (Alba), one of the world’s leading aluminium smelters in the world, announced the major milestone of having completed the successful fabrication...


Saudi Arabia’s economic reforms are going well, the International Monetary Fund (IMF) said...


The World Steel Association (worldsteel) forecasts that global steel demand will reach 1,616.1 million tonnes (mt) in 2018, an increase of 1.8 per cent...




Mediterranean Shipping Company (MSC), a Swiss-based leader in global transportation and logistics, is set to invest close to Dh4 billion ($1.08 billion)...


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The global adhesives segment was valued at $46 billion and sealants at $9.5 billion by the end of 2017 as per a new report. The two segments of the...






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A total of 26 projects from 22 countries have been selected in the third cycle of Expo Live’s flagship Innovation...


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