R/€ = 13.05
R/$ = 11.82
Au 1202.86 $/oz
Pt 1182.50 $/oz
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Topic - Dubai
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Mar 06, 2015
Updated 6 hours ago
The Burj Khalifa tower stands above other skyscrapers on the city skyline in Dubai, United Arab Emirates. Bloomberg reports that declining currencies in European countries, whose citizens are among the leading buyers of Dubai homes, are combining with falling oil...
 Mar 06, 2015
Updated 6 hours ago
Top terminal operators are battling for a contract to manage and operate a new terminal that is nearing completion at the Port of Mombasa, in Kenya. According to the Kenya Ports Authority (KPA), 19 international companies have presented their bids for a contract to...
Mar 05, 2015
Oger Telecom is looking at the possibility of selling its majority stake in Cell C, South Africa's third-largest mobile telecoms network operator, the chairman of the Middle Eastern firm told Reuters on Thursday. Goldman Sachs has been appointed by Oger Telecom to...
Feb 19, 2015
Orascom Construction plans to raise as much as $241-million in a sale of new shares in Egypt over the next few weeks, in a move that could help to re-energise Cairo's stock market after years of political and economic turmoil. The company, which will offer up to...
Feb 16, 2015
Orascom Construction has started proceedings for the demerger of the company's units with its engineering and construction business to be listed on exchanges in Egypt and Dubai, the Amsterdam-listed firm said on Monday. The demerger of the engineering and...
Feb 13, 2015
Mechanical seals manufacturer John Crane launched its super service centre in Springs, Johannesburg, last month John Crane South Africa GM Aziz Sallie explained at the event that the company decided it was time for an upgrade to be on par with John Crane’s global...
Feb 02, 2015
Canada’s Nautilus Minerals and Dubai-based marine solutions company Marine Assets Corporation (MAC) report having been the victims of a cyber attack, which resulted in Nautilus paying a $10-million deposit intended for MAC into an unknown account.
The deposit was...
Jan 30, 2015
Global lifting solutions provider Konecranes has launched the latest enhancement to its industrial cranes portfolio in South Africa – the CLX chain hoist. Available in safe working loads, the CLX chain hoist, which was introduced into the market in November, is...
Jan 16, 2015
Jan 06, 2015
International Container Terminal Services Inc. has announced the appointment of Anders Dommestrup as Chief Executive Officer of its Australian subsidiary, Victoria International Container Terminal Ltd. “We are extremely pleased to welcome Mr. Dommestrup into the...
Jan 06, 2015
Indian investigative agencies have unearthed a $4.68-billion scam involving coal importing entities which over-valued inward shipments and illegally parked funds overseas.
The Department of Revenue Intelligence (DRI), the premier investigating agency of the...
Dec 12, 2014
South Africa remains an important manufacturing and export platform for Ford Motor Company, says executive chairperson Bill Ford. However, he adds that other countries on the continent are “becoming interesting”, and that the US carmaker is casting its net wider for...
Dec 05, 2014
Aim-listed Paragon Diamonds on Friday said a private placement of 5.7-million shares at 4.5p had netted the Aim-quoted diamond development company £256 825. The company also planned to issue another 250 000 new shares to advisers for services rendered at a price of...
Dec 05, 2014
KWALE MINERAL SANDS Aggreko has supplied a 350 kVA power package to the Kwale mineral sands mine in to supplement local grid supplies
Temporary power and temperature control solutions provider Aggreko says that it is experiencing growth in demand for its rental temporary power products within the African minerals sector as mining companies increasingly opt for rental solutions to back-up or...
Dec 01, 2014
Bill Ford with the Mustang, set to launch in South Africa in 2015
The future of the automotive industry belongs to the current crop of carmakers, as well as technology companies, says Ford Motor Company executive chairperson Bill Ford. It is not an either or situation, he emphasises. “We’ll do it together.”
Nov 25, 2014
Bill Ford
South Africa remained an important manufacturing and export platform for Ford Motor Company, said executive chairperson Bill Ford in Dubai last week, speaking during a media round table. However, he added that other countries on the continent were “becoming...
Nov 19, 2014
WearCheck Africa serves the earthmoving, industrial, transport, shipping, aircraft and electrical industries through the scientific analysis of used oil from mechanical and electrical systems. It operates ISO 9001 & ISO 14001 accredited laboratories situated in...
 
Nov 06, 2014
Seafloor-mining pioneer Nautilus Minerals on Thursday reported that it had secured a vessel charter to be deployed at the Solwara 1 copper/gold project, offshore Papua New Guinea (PNG). Dubai-based marine solutions company Marine Assets Corporation (MAC), which...
Oct 29, 2014
Oman’s Ministry of Environment and Climate Affairs has granted GAC EnvironHull permission to conduct underwater hull cleaning operations using the brush-and-diver-free HullWiper system at the port of Sohar, just outside the Gulf of Hormuz. It is the fourth port in...
Oct 20, 2014
Fortinet® a leader in high-performance network security – today announced the appointment of Nader Baghdadi as its Enterprise Sales Director for the Middle East and the relocation of Yann Pradelle, Vice President for Southern Europe, Middle East & Africa, to Dubai to...
Sep 25, 2014
Ahmed Bin Sulayem, Executive Chairman, DMCC, hosts signing ceremony with Ali Odeh, Chairman & CEO, Turner International Middle East to mark the occasion Dubai based ‘Burj 2020’ District’ to feature the world’s tallest commercial tower, the ‘Burj 2020’, as its...
Sep 23, 2014
Design Worldwide Partnership won the ‘Outstanding use of American Hardwood in the Middle East’ award for Emaar’s new corporate offices at the Commercial Interior Design Awards 2014, which took place on Monday, September 15, 2014 at the JW Marriott Marquis Hotel,...
Sep 08, 2014
Fortinet® - a leader in high-performance network security, will kick-off its ‘Power to Learn’ pre-sales partner training sessions across the GCC region on September 8th in Dubai. The intensive technology training workshops are held on a quarterly basis across the...
Sep 01, 2014
globalCOAL® announced today that two Market Members have joined its trading community. Both new Market Members are from the Indian sub‐continent, further bolstering globalCOAL’s growing presence in the region. Karachi‐based Lucky Commodities (Pvt) Ltd specialises in...
Aug 28, 2014
Murray & Roberts (M&R) has closed the book on its three-year recovery and growth phase and has now turned its focus to a longer-term “new strategic future” of “engineering excellence”. The past three years have seen the international engineering-led contractor return...
Aug 19, 2014
Imperial Armour, a Personal protective equipment company has opened its third office, in Johannesburg, Gauteng. The companies Head office is situated in Durban, KwaZulu-Natal with an international branch based in Dubai, United Arab Emirates. Louisa Garland-Els, the...
Aug 18, 2014
Several bullion dealers and analysts have in recent days voiced their opinions after the new London Bullion Market Association (LBMA) Silver Price was launched on Friday, arguing for increased transparency. Bullion dealer Sharps Pixley CEO Ross Norman on Friday said...
Aug 06, 2014
To differentiate itself from other countries on the continent vying for the attention of Africa-focused foreign direct investment, South Africa would do well do adopt a “nation brand” approach that emphasises its uniquely positive attributes and distanced it from...
Jul 18, 2014
DESTINATION DUBAI
Emirates flew two extra flights between Durban and Dubai during its seasonal peak from December 2013 to January
Airline operator Emirates’ daily flights out of the King Shaka International Airport in Durban, KwaZulu-Natal, is the only international year-long flight out of Durban and is performing consistently well, Emirates Southern Africa regional manager Fouad Caunhye tells...
Jul 11, 2014
Accelerating the importation of liquefied natural gas (LNG) could aide in the development of South Africa’s lacking gas infrastructure and bolster the nation’s aim of ensuring sufficient energy supply within the next three to five years. As the country awaits the...
Jul 09, 2014
Aim-listed Alecto Minerals has appointed operations manager Dominic Doherty the company’s operations director, with immediate effect. The West and East Africa-focused explorer added in a statement on Wednesday that part-time executive director Mike Ware would resign...
Jun 27, 2014
Gabonese State-owned mining company Société Equatoriale des Mines (SEM) and Dubai-based group Navodaya Trading DMCC (NTDMCC) have announced a joint-venture (JV) partnership to explore and develop the manganese deposit in Okondja, in eastern Gabon. The JV, dubbed...
Jun 26, 2014
Accelerating the importation of liquefied natural gas (LNG) could aide in the development of South Africa’s lacking gas infrastructure and bolster the nation’s aim of ensuring sufficient energy supply within the next three to five years. As the country awaits the...
Jun 20, 2014
Johannesburg-based fastener solutions provider Swagefast reports that it has experienced an increase in business since it ventured into manufacturing fasteners for the renewable-energy market in 2013. Company FD Jay Rossouw tells Engineering News that the company has...
May 22, 2014
JSE-listed Telkom has moved to buy information and communications technology (ICT) service provider Business Connexion (BCX) for R2.67-billion, as the embattled telecommunications group expands its core business into ICT to bounce back into profitability. Telkom...
May 16, 2014
I was fortunate enough to attend, as the South African Legal Banking Committee representative, the recent International Chamber of Commerce (ICC) Banking Commission meeting, held in Dubai from April 27 to 30, under the theme Dubai 2014 – Gateway to Sustainable Trade...
 
May 09, 2014
Gold Fields CEO Nick Holland
Nearly one-third of Gold Fields shareholders voted against the policy on remuneration of directors at Friday’s annual general meeting (AGM). While most other resolutions went through with more than 90% support, 30.21% of the voting shareholders gave a thumbs down to...
May 08, 2014
Encourages vendor-partner interaction and recognizes partner contributions towards business excellence ComGuard, the region’s leading IT security value added distributor hosted its annual partner conference in Dubai, in an effort to recognize and reward its channel...
Apr 22, 2014
Channel Xcelerate offers innovative visibility solutions portfolio to speed time to revenue Dubai has announced its integrated global partner program in the region, which will help partners increase revenue while providing their customers access to an...
Apr 16, 2014
The new Nairobi office will serve as a hub for Altaaqa Global’s sales and operations in the East Africa region Dubai-based Altaaqa Global CAT Rental Power, a global provider of temporary power solutions, has recently opened a branch in Nairobi, Kenya to serve the...
Apr 10, 2014
Dr Rob Davies
South Africa has secured an award for facilitating the R1.6-billion investment that would see the substantial expansion of major multinational Procter and Gamble’s (P&G’s) local manufacturing operations. The P&G investment, announced in March last year by Trade and...
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