Toyota recalls 2.9 mn vehicles globally over airbags

TOKYO: Toyota Motor Corp on Thursday said it was recalling a total of about 2.9 million vehicles in Japan, China, Oceania and other regions including its Corolla Axio sedan and RAV4 SUV crossover due to potentially faulty airbag inflators..... Read more »

Posted on : 3/31/2017

Arab Contractors bags $560mn Kuwait Road contract

Arab Contractors has signed a KWD 170mn ($560mn) contract with the ministry of public works in Kuwait to develop the Nuwaiseeb Road. .... Read more »

Posted on : 3/31/2017

Dubai awards $330m contracts to build key roads

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the award of two contracts worth AED1.2 billion ($330 million) to build key roads in the emirate. .... Read more »

Posted on : 3/31/2017

IRAN, IRAQ TO LEAD MIDDLE EAST OIL GROWTH

Oil field development in Iran and Iraq is expected to drive the largest production growth in the Middle East over the next four years, according to research consultancy Rystad Energy..... Read more »

Posted on : 3/22/2017

More than just logistics - Panalpina opens new Dubai base

Panalpina has officially opened a new logistics manufacturing centre in Dubai South next to Al Maktoum International Airport. The 40,000sq m site, three times bigger than the one it replaces, will help the forwarder increase its logistics and freight business in the Middle East, Africa and CIS (MEAC) region..... Read more »

Posted on : 3/21/2017

Dh32b invested in Mena power and utilities green solutions

Mergers and acquisitions in the renewables sector picked up in 2016 across the Middle East and Africa after a long period of slow activity, with greenfield activities continuing to dominate power and utility transactions in the region, attracting $8.7 billion (Dh31.95 billion) of investment last year, according to a report..... Read more »

Posted on : 3/21/2017

Dubai harvests desert sun at vast solar power station

The 'Mohammed bin Rashid Al-Maktoum Solar Park' is set to pump out a total of 1,000 megawatts by 2020..... Read more »

Posted on : 3/21/2017

Dubai Municipality on a power saving drive

The Dubai Municipality has replaced electric bulbs in varius city parks with power-saving LED lights to conserve energy..... Read more »

Posted on : 3/21/2017

Al Tayer receives high-level delegation from Siemens

HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), received a high-level delegation from German company Siemens, as part of efforts to strengthen cooperation with strategic partners..... Read more »

Posted on : 3/21/2017

GE launches new centre to help reduce coal plant emissions

GE today announced its new global Powering Efficiency Center of Excellence (COE), which brings together cross-business experts in its energy businesses to apply a total plant hardware and software solution approach to boost the efficiency of the world’s new and existing coal-fired power plants and significantly reduce their emissions. .... Read more »

Posted on : 3/21/2017