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Newsletter

30th July 2017
 GE signs US$575mn agreement to help improve rail infrastructure in Egypt GE signs US$575mn agreement to help improve rail infrastructure in Egypt

GE has signed a letter of intent (LoI) worth US$575mn with the Egypt’s Ministry of Transportation (MoT) and Egyptian National Railways (ENR) to supply 100 GE ES30ACi Light Evolution Series Locomotives that can be used for both passengers or freight rail, as well as a 15-year agreement for parts and technical support for GE locomotives in ENR’s new and current fleet

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 Barakah nuclear energy plant successfully tested Barakah nuclear energy plant successfully tested

A cold hydrostatic testing (CHT) has been done at Unit 2 at the Barakah nuclear energy plant in the UAE to verify whether the nuclear power station meets the highest international quality and safety standards

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 Saudi Arabia issues REQ for 400MW wind power project Saudi Arabia issues REQ for 400MW wind power project

Saudi Arabia has issued the request for qualification (REQ) to build a 400MW wind power project in Dumat Al Jandal, situated in the Al Jouf region, thus taking the first step to start a competitive bidding process for the project

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 Iran and Iraq sign deals for joint industrial parks Iran and Iraq sign deals for joint industrial parks

Iran and Iraq have recently signed a memorandum of understanding (MoU) to establish joint industrial parks, according to news reports

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 DP World reports 10.7 per cent growth in Q2 2017 DP World reports 10.7 per cent growth in Q2 2017

DP World Limited handled 34mn TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first half of 2017, with gross container volumes growing by 8.2 per cent year-on-year on a reported basis and 7.7 per cent on a like-for-like basis

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 Italian firm signs deal to build solar plant in Iran Italian firm signs deal to build solar plant in Iran

An unnamed Italian company has signed an agreement to build a solar power plant in the southern province of Hormozgan in Iran

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 CESI and Bahrain collaborate on renewable energy programme CESI and Bahrain collaborate on renewable energy programme

CESI, technical consulting and engineering firm, has announced that it will develop technical and strategic regulatory requirements related to connecting distributed renewable energy resources into Bahrain’s national electricity grid owned by Electricity and Water Authority Bahrain (EWA)

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 DEWA CEO inspects work at MBR Solar Park Phase 3 DEWA CEO inspects work at MBR Solar Park Phase 3

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), recently reviewed the construction work at the Mohammed bin Rashid Al Maktoum Solar Park, situated about 50km south of Dubai

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 New control units for gas gensets New control units for gas gensets

HIMOINSA has developed control units for gas-powered generator sets

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 Stauff’s tube connector range takes safety to the next level Stauff's tube connector range takes safety to the next level

Stauff Connect's range of tube connectors for hydraulic systems, made of steel, comply with the latest version of the standards DIN 2353 and ISO 8434-1

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Selecting the right electric motor for your HVAC systems Selecting the right electric motor for your HVAC systems

The growth of commercial and industrial HVAC units in the Middle East and North Africa (MENA) region has led to the rise in the demand for high-quality products such as electric motors in the systems for different applications

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 Panasonic HIT solar module achieves world’s highest output temperature coefficient Iron ore exports to Middle East from Brazil surge

Iron ore exports from Brazil to Middle East countries fetched US$564.5mn in the first half of 2017, up 133 per cent from H1 2016, according to Brazilian Ministry of Industry, Foreign Trade and Services

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UAE to set up waste-to-energy facility in Ras Al Khaimah and Fujairah UAE to set up waste-to-energy facility in Ras Al Khaimah and Fujairah

The UAE Ministry of Climate Change and Environment (MOCCAE) has signed a memorandum of understanding (MoU) with Abu Dhabi’s future energy company Masdar and Bee’ah to develop a waste-to-energy conversion facility in the emirates of Ras Al Khaimah and Fujairah

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 Bahri and Bolloré Logistics launch joint venture in Saudi Arabia Bahri and Bolloré Logistics launch joint venture in Saudi Arabia

Bahri, transportation and logistics solutions provider, has signed an agreement with Bolloré Logistics to establish a new logistics joint venture and this new cooperation will serve the needs of customers in Saudi Arabia and the wider region

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 Visa Group to increase use of DEUTZ engines in its ranges Visa Group to increase use of DEUTZ engines in its ranges

Engine manufacturer DEUTZ and Italian genset manufacturer Visa Group are expanding their supply agreement and soon Visa SpA, with its brands such as Onis Visa, Nettuno and Tecnoplus S.A., will use more DEUTZ engines in its extensive genset and pumps portfolio for the Middle East and Africa regions

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 Kim Fausing takes over as Danfoss CEO Kim Fausing takes over as Danfoss CEO

Kim Fausing took over as the new president and CEO of Danfoss, with effect from 1 July 2017, and has announced that he will continue the Danfoss strategy, focusing on growth and digitalisation of the company

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 Chicago Pneumatic towers to light up oil and gas project in Kuwait Chicago Pneumatic towers to light up oil and gas project in Kuwait

Chicago Pneumatic has sold 100 CPLT V15 metal halide tough and efficient light towers in Kuwait to its authorised distributor General Transportation & Equipment Company (GTE)

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‘Evaporative coolers can protect construction workers from heat stress’ 'Evaporative coolers can protect construction workers from heat stress'

Industry experts revealed that heat stress remains a major concern for the safety of construction workers in the UAE and surrounding region, as the infrastructure projects are rapidly growing in the Middle East and North Africa, with an expected spending worth US$280bn by 2018

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 Masdar Institute’s new technology to make solar thermal power generation more affordable in UAE Masdar Institute's new technology to make solar thermal power generation more affordable in UAE

The Masdar Institute of Science and Technology today announced the development of a high-performance solar absorber that could make solar thermal technologies significantly more efficient

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‘Evaporative coolers can protect construction workers from heat stress’ SDLG's first asphalt compactor launched in Middle East and Africa

With the rise in infrastructure spend in the Middle East and Africa regions, SDLG has introduced the first asphalt compactor – RD730 – to meet construction demand

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 ‘Liquidity still tight for small upstream EMEA oil firms’ 'Liquidity still tight for small upstream EMEA oil firms'

Fitch Ratings has described the risks faced by the EMEA small oil and gas exploration and production companies, noting that the sustained fall in global oil price has deteriorated the liquidity positions of small upstream companies in the region

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 Dennis Eagle use panic alarm app to protect lone workers and monitor staff location in case of emergency Dennis Eagle use panic alarm app to protect lone workers and monitor staff location in case of emergency

Dennis Eagle, one of the world’s largest manufacturers of refuse collection vehicles, has launched StaySafe, a lone worker alarm app which monitors both staff safety and GPS tracking location

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 New ways of using precast concrete in construction sites worldwide: The chance for construction companies New ways of using precast concrete in construction sites worldwide: The chance for construction companies

The response from customers was exceptionally positive when Weckenmann Anlagentechnik GmbH & Co. KG presented its innovative concept of the transportable formwork

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