June 10th, 2019 | 0 commentsCommvault, a global leader in enterprise backup, recovery and data management, has announced that UAE-based Emirates Steel has implemented Commvault HyperScale to support its digitalisation ambitions and safeguard its manufacturing operations. Headquartered in Abu Dhabi, Emirates Steel is wholly government-owned. At full capacity, its 11...
May 28th, 2019 | 0 commentsDubai Air Navigation Services (DANS) on Monday announced it has signed a strategic new leasing agreement with the Dubai Aviation City Corporation (DACC). Upon the agreement, DANS will set up its first training facility within Al Maktoum International Airport, known as Dubai World Central (DWC), according to a press release. The agreement...
May 28th, 2019 | 0 commentsEgyptian Transport and Commercial Services Co (Egytrans), listed on the Egyptian Exchange (EGX), reported a 26.8% year-on-year increase in its consolidated profits for the first quarter of 2019, the company’s financial indicators revealed. The company has recorded a net profit of EGP 17.55 million during the three-month period ended 31 Ma...
May 28th, 2019 | 0 commentsFord and Egyptian bus booking service startup Swvl announced signing a partnership agreement. Under the deal, Ford Transit minibus will be the preferred vehicle of choice on Swvl’s routes, the two companies revealed at a press conference. Previously, Swvl partnered with Nasser Social Bank and EFG Hermes to provide operators willing to use...
May 21st, 2019 | 0 commentsGrandweld Shipyards launched its sixth pilot boat (MESKAN) for Kuwait Oil Company (KOC). MESKAN is the final boat of the ten–four crew transport boats and six pilot boats that Grandweld was required to build for KOC’s fleet, the UAE-based company said in a statement on Monday. The launch comes along with Grandweld and KOC contract signed...
May 6th, 2019 | 0 commentsThe National Shipping Company of Saudi Arabia (Bahri) announced that the company’s board of directors had approved the resignation of its chairman, Abdulrahman Mohammed Al Mofadhi, non-executive director and a representative of the Public Investment Fund (PIF), on Thursday. Bahri’s board recommended the appointment of Raid Ismail as PIF’s...
May 6th, 2019 | 0 commentsAviation Lease and Finance (Alafco) posted a decrease of 73% in profits during the second quarter of ended on 31 March 2019 compared to the same period a year ago. Profits plunged to KWD 4.81 million in Q2-19 from KWD 17.59 million in Q2-18, according to a bourse disclosure on Sunday. During the first half ended on 31 March this year, Ala...
April 25th, 2019 | 0 commentsChairman of the Suez Canal Economic Zone (SCZone) and the Suez Canal Authority (SCA) Mohab Mamish on Wednesday signed a Memorandum of Understanding (MoU) with China's Tianjin Municipality for the development of the second phase of TEDA Industrial Zone. Under the protocol, a 6-kilometre area will be utilised for the building of developed i...
April 22nd, 2019 | 0 commentsAluminium Bahrain (Alba), the Bahrain-based aluminium smelter, recently held a one-day workshop titled “Thanks for the Feedback” for its executives, directors, and managers at the Alba SHE Hall. Alba’s chief executive officer Tim Murray presented the workshop, based on the best-seller book ‘Thanks for the Feedback’ by Sheila Heen and Doug...
April 22nd, 2019 | 0 commentsDepartment of Transport in Abu Dhabi (DoT) has unveiled three infrastructure projects with total investments of AED 8 billion ($2.18 billion) at Cityscape Abu Dhabi 2019. The new projects will improve the quality of life in Abu Dhabi and promote the economic development, director of Integrated Transportation Planning Division at DoT Bader...
