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Friday 12 February 2016
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6,000 visitors attend AccessAbilities Expo

More than 6000 visitors and 150 exhibitors from over 30 countries participated at the AccessAbilities Expo 2016 which concluded today (February 11), in Dubai, UAE. The three-day event was held under the patronage of HH Sheikh Ahmed bin Saeed Al Maktoum, president of Dubai Civil A

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PIM senior executive to present paper at conference

UK-based Plant Integrity Management (PIM) has announced that its managing director Steven Plant will be presenting a paper at the upcoming ‘Risk Based Inspection and Maintenance’ conference in Saudi Arabia next week. Established in 2011, PIM is a leading consultancy a

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MB Holding’s unit signs mining deal with Rwanda

A unit of Oman-based MB Holding Company has signed three large-scale mining agreements with the Rwandan government to undertake mining operations in Bisesero, Karongi District, of the southern African nation, a report said. Tri Metals Mining Limited, a subsidiary of Mawarid Minin

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Toyota to produce hybrid engines in Turkey

Toyota Motor Corp will begin production in Turkey by year-end of a new hybrid engine model with an investment of more than €350 million ($396 million), Toyota's chief executive of Europe, Johan van Zyl, said. He told a news conference that the investment would create mor

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Automotive sector adopts GSMA embedded SIM specs

Leading companies from across the automotive and transportation sector are supporting the GSMA embedded SIM specification to help accelerate the growth of the connected car market, the GSM Association has announced. The interoperable specification has been backed by international

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Toyota plans $396m spend for Turkey engines plant

Toyota Motor Corp will begin production in Turkey by year-end of a new hybrid engine model with an investment of more than 350 million euros ($396 million), Toyota's chief executive of Europe, Johan van Zyl, said. He told a news conference that the investment would cr

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France to showcase latest products, equipment at Gulfood

France is set to showcase its latest high quality products and food service equipment at the 21st edition of the Gulfood tradeshow this month.   With two French pavilions for a total area of nearly 1,250 sq m, Gulfood, which will run from February 21 to 25 at th

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BMW, VW, Daimler recall vehicles in US with Takata air bags

The three largest German automakers said they will recall 2.5 million vehicles in the US equipped with Takata Corp air bags, the latest moves in a long-running safety crisis involving the Japanese automotive supplier. On Wednesday, Volkswagen AG said it would recall 850,000 vehic

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Mylan to buy Swedish drugmaker Meda in $7.2bn deal

Generic drugmaker Mylan NV said it would acquire Meda AB in a $7.2 billion cash-and-stock deal in its third attempt to buy the Swedish company. The move comes three months after Mylan gave up on its seven-month-long pursuit of smaller rival Perrigo. Mylan's sto

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Oman's Raysut Cement Q4 net profit falls 21.5pc

Oman's Raysut Cement reported a 21.5 per cent drop in fourth-quarter net profit on Thursday, according to Reuters calculations. The largest cement firm by market value in the sultanate made RO5.14 million ($13.4 million) in the three months ending December 31, compared with R

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