Saudi Arabias King Abdullah unveiled additional financial support measures in mid March estimated to cost SR350 billion (US$93 billion). An estimated SR135 billion (US$36 billion) worth of measures were announced at the end of February.
Standard & Poors Ratings Services it has lowered its long- and short-term local and foreign currency sovereign credit ratings on the Kingdom of Bahrain to BBB/A-3 from A-/A-2.
A recent survey showed that companies in the Middle East remain reluctant to fully implement sufficient risk management policies despite the negative effects the global economic crisis had on corporate companies that did not have proper risk strategies in place.
Aggreko reported record profits for 2010 but stated that unrest in the Middle East region added significant uncertainty to its outlook for 2011.
Masdar, the Abu Dhabi governments clean energy company, has scrapped plans to manufacture solar panels in the UAE because of a lack of domestic demand.
EGA and Masdar leadership at the signing of the agreement. (Image source: Masdar)
Baudouin is catering to the demands of the data centre markets with the release of three new uprated DCP ratings. (Image source: Canva)
The ground-breaking product on display is the FLIR Si2-Pro, an industrial acoustic imaging camera for partial discharge detection, pressurised leak detection and mechanical fault detection. (Image source: Teledyne FLIR)
Energy technology takes spotlight at the MEE. (Image source: Adobe Stock)
The plant will add 80MW of power generation capacity from a non-fossil fuel source. (Image source: ALEC)
Special belt covers guarantee an effective reduction in dust. (Image source: Wirtgen Group)
Daryl Wake, business development manager, DEKRA
SSAB will begin deliveries of the new products in 2026. (Image source: Manitou Group)
DEWA's SAP upgrade drives innovation, sustainability, and efficiency in Dubai's utilities. (Image source: Adobe Stock)
Erich Kaltmann, managing director of Mosdorfer GmbH. (Image source: Mosdorfer)
The new Perkins 5012 is a full-authority electronic engine optimised and purpose-built for power generation applications. (Image source: Perkins)
An example of the kanban method deployed at Staytite. (Image source: Staytite)
Markus Oberlin, CEO of Farnek. (Image source: Farnek)
DNV's survey unveils energy sector optimism amid challenges, with political uncertainty looming. (Image source: Adobe Stock)
EGA and Masdar leadership at the signing of the agreement. (Image source: Masdar)
Baudouin is catering to the demands of the data centre markets with the release of three new uprated DCP ratings. (Image source: Canva)
Energy technology takes spotlight at the MEE. (Image source: Adobe Stock)
The plant will add 80MW of power generation capacity from a non-fossil fuel source. (Image source: ALEC)
UL Solutions launches HOMER Front 1.0, enhancing energy storage system design with advanced forecasting capabilities. (Image source: UL Solutions)
SSAB will begin deliveries of the new products in 2026. (Image source: Manitou Group)
The new Perkins 5012 is a full-authority electronic engine optimised and purpose-built for power generation applications. (Image source: Perkins)
DNV's survey unveils energy sector optimism amid challenges, with political uncertainty looming. (Image source: Adobe Stock)
An example of the kanban method deployed at Staytite. (Image source: Staytite)
Markus Oberlin, CEO of Farnek. (Image source: Farnek)
Erich Kaltmann, managing director of Mosdorfer GmbH. (Image source: Mosdorfer)
The emphasis is on constantly optimising value creation processes. (Image source: Rittal)
With RFID, assets can be given unique digital identities that enable you to identify and locate them all at once, from a distance, in real time.
The ground-breaking product on display is the FLIR Si2-Pro, an industrial acoustic imaging camera for partial discharge detection, pressurised leak detection and mechanical fault detection. (Image source: Teledyne FLIR)
The four-point track system is available globally on four boom lifts up to 80 ft / 24 m class. (Image source: Genie)
