IMF reaches deal for Egypt’s extended fund facility

IMF reaches deal for Egypt’s extended fu…

Monday, 20 May 2019 06:07

International Monetary Fund (IMF) has conducted the fifth and final review of Egypt’s economic reform programme supported by a three-year extended fund facility

Sauer Compressors’ custom-made solutions for high-pressure applications

Sauer Compressors’ custom-made solutions…

Monday, 20 May 2019 06:01

Sauer Compressors has unveiled a range of accessories including compressor controls, air and gas dryers as well as storage and distribution solutions, aiming to provide custom-made high-pressure solutions from a...

‘AI to add US$15.7 trillion to world economy in a decade’

‘AI to add US$15.7 trillion to world eco…

Friday, 17 May 2019 07:06

Artificial Intelligence (AI) could contribute up to US$15.7 trillion to the global economy in 2030, more than the current output of China and India combined, a PwC report has stated

Etihad ESCO and Sharaf Electronics to retrofit DXB terminals

Etihad ESCO and Sharaf Electronics to re…

Thursday, 16 May 2019 06:59

Etihad ESCO has signed an agreement with Sharaf Electronics LLC to implement lighting retrofit project at three terminals of Dubai International Airport (DXB)

Arctech Solar to supply solar trackers to Oman’s solar power plant

Arctech Solar to supply solar trackers t…

Wednesday, 15 May 2019 09:31

Arctech Solar, a China-based solar tracking and racking system provider, has announced that it will supply 125MW of solar trackers to a solar power plant in Oman

Emrill’s new energy efficient app for housekeeping service delivery

Emrill’s new energy efficient app for ho…

Wednesday, 15 May 2019 08:03

Emrill Services, the UAE integrated facilities management (FM) provider, has launched an efficiency-enhancing app for housekeeping service delivery

SSAB launches Strenx 1100 Plus for lifting equipment

SSAB launches Strenx 1100 Plus for lifti…

Wednesday, 15 May 2019 06:18

SSAB has launched Strenx 1100 Plus strip steel, aiming to provide high-quality welding and bending performance in booms, frames, cranes and other lifting equipment

Abdul Latif Jameel Energy signs water deals in Bahrain and Egypt

Abdul Latif Jameel Energy signs water de…

Tuesday, 14 May 2019 04:25

Almar Water Solutions, a water solutions unit of Saudi Arabia-based Abdul Latif Jameel Energy, has signed two water infrastructure project development agreements in Egypt and Bahrain

APICORP and alfanar sign US$75mn financing for energy projects

APICORP and alfanar sign US$75mn financi…

Monday, 13 May 2019 05:38

The Arab Petroleum Investments Corporation (APICORP) has signed a five-year Murabaha financing worth US$75mn with Saudi Arabia-based alfanar, aiming to support the latter’s renewable energy projects, including a wind power...

Saudi Arabia’s non-oil sector set to boost as mega projects lined up

Saudi Arabia’s non-oil sector set to boo…

Monday, 13 May 2019 05:31

Saudi Arabia’s non-oil sector is set for a further boost as the kingdom’s economic reforms pay dividends and work begins on a raft of mega projects, according to a report

UAE waste-to-energy plant for cement plants functional in 2020

UAE waste-to-energy plant for cement pla…

Sunday, 12 May 2019 05:30

Financial closure has been reached for a UAE plant that will convert waste into fuel for use, instead of coal, in cement factories

New Oman-Saudi Arabia road to reduce traffic

New Oman-Saudi Arabia road to reduce tra…

Sunday, 12 May 2019 04:19

The 52-km Haffet-Wadi Saa dual carriageway, through the Empty Quarter desert linking Oman and Saudi Arabia, is all set to open

ACWA Power signs power and water deals with Chinese firms

ACWA Power signs power and water deals w…

Thursday, 09 May 2019 07:26

Saudi Arabia’s ACWA Power has signed strategic agreements with three Chinese entities on the sidelines of the second Belt and Road Forum for International Cooperation (BRF)

Outotec and L&T consortium wins Ma’aden gold mine contract

Outotec and L&T consortium wins Ma’a…

Thursday, 09 May 2019 04:45

Saudi Arabia’s Ma’aden Gold and Base Metals Company (MGBM) has awarded a construction contract to Outotec and Larsen & Toubro (L&T) consortium for the Mansourah and Massarah gold mine project

Morocco pursues ambitious energy transition pathway

Morocco pursues ambitious energy transit…

Wednesday, 08 May 2019 06:31

The International Energy Agency (IEA) has released the review of Morocco’s energy policies, conceding the institutional, legal and fiscal reforms undertaken by the government to promote sustainable development of the...

Ritchie Bros to host ‘Deal Days’ online auction

Ritchie Bros to host ‘Deal Days’ online …

Wednesday, 08 May 2019 04:00

The Middle East Deal Days event, being held from 3-9 May, will hold a special online auction on 9 May for the heavy equipment providers such as excavators, wheel loaders,...

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