Dubai Customs cost saving moves yield $274m

An aggregate of Dh1.07 billion ($274 million) was added by Dubai Customs from 2004 to 2015 as income and cost savings due to the implem ...

Utico signs 10-year purchase deal with Fewa

UAE-based Utico, the Middle East’s largest private utility, has signed a 10-year agreement with the Federal Water and Electricity ...

Mubadala, Nexen Tire sign strategic partnership

Mubadala Investment Company, an Abu Dhabi strategic investment fund, and Nexen Tire, a leading global tyre manufacturer, have signed a ...

Sharjah airport to build new private jet terminal

Sharjah Airport Authority has signed two agreements with Gama Support Services, including building and operation of a new private jet t ...

Irkut signs deal for three MC-21- 300 aircraft

Russia's Irkut Corporation, a member of the United Aircraft Corporation, and Angara Airlines, based in Irkutsk, Russia, have signed ...

Himoinsa develops new control units for gas-powered gensets

Spain-based Himoinsa, a global corporation that designs, manufactures and distributes power generation equipment worldwide, has develop ...

MOL partners with Evonik, thyssenkrupp for propylene oxide

Hungary-based MOL Group, an integrated, international oil and gas company, has signed license agreements with Evonik and thyssenkrupp, ...

UAE developer Deyaar's H1 revenue up 135pc

UAE-based property developer Deyaar has reported a 135 per cent year-on-year increase in revenues for the six months ending June which ...