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'Twisting' Vitreous Enamel Cladding For Oman Airport Tower

     27th May 2016 Ekurhuleni-based Vitrex designed and  supplied unique 'twisted' vitreous enamel the Air Traffic Control (ATC) Tower at Muscat International Airport in the Sultanate of Oman. Vitraclad heavy gauge panels, exported by Vitrex to cover around 4 000m2 of the fins of the Tower, were installed by the... 

Dubai says opens world's first functioning 3D-printed office

By: Reuters     24th May 2016 Dubai has opened what it said was the world's first functioning 3D-printed office building, part of a drive by the Gulf's main tourism and business hub to develop technology that cuts costs and saves time. The printers – used industrially and also on a smaller scale to make digitally designed,... 

New African automotive body to offer support to aspirant manufacturers

By: Irma Venter     20th May 2016 The initial focus of the newly formed African Association of Automobile Manufacturers (AAAM) will be to assist countries wishing to participate in the automotive value chain to implement the appropriate legislation and regulations that will allow the automotive industry to thrive on the... 

Transparency equals bankability, World Diamond Congress hears

By: Martin Creamer     19th May 2016 The large number of bad-debt bankruptcies in the diamond industry in recent years was aired on the second day of the 37th World Diamond Congress in Dubai, where much emphasis was again placed on the critical need for financial transparency. De Beers commercial development head Howard Davies drew... 

World diamond body emphasises need for transparency 

By: Martin Creamer     18th May 2016 Transparency, responsibility and sustainability are at the heart of the discussions at the thirty-seventh World Diamond Congress, which is taking place in Dubai. "From mining to diamond cutting and polishing, and from jewellery making to retailing, we must ensure that we’re all working in a fair... 

Renewable-energy prices reach low of $0.03/kWh 

By: Kim Cloete     18th May 2016 New technologies and the rapid rise of renewable energy have shaken up the global energy landscape, with prices falling to below $0.03/kWh. “We are now in the world of three cent renewable energy,” said Bloomberg New Energy Finance UK advisory board chairperson and founder Michael Liebreich. 

Blockchain Conference set to Heat Up Dubai

     17th May 2016 Keynote Events has announced its first Blockchain Technology Conference in Dubai, at the Burj Al Arab on May 30, 2016. Over the last five years an experiment called Bitcoin has created and proven a new kind of financial technology: The Blockchain. The Blockchain is a new, smarter way to automate... 

Gupta’s Oakbay Resources gets new CEO

By: African News Agency      17th May 2016 Oakbay Resources on Tuesday announced a new CEO following the abrupt resignation of Varun Gupta from the position last month. “Oakbay Resources is pleased to announce that, following a Nominations Committee process, the Board has appointed Mr Jacques Roux as the CEO of the Company with immediate... 

KZN, WC to have desalination plants in place within months 

By: Shirley le Guern     16th May 2016 Package desalination plants are likely to be in place on both the KwaZulu-Natal and Western Cape coasts within months, Department of Water and Sanitation director-general Margaret Diedericks and KwaZulu-Natal MEC for Corporate Governance and Traditional Affairs Nomusa Dube revealed during the... 

Dubai Diamond Exchange to host ‘Alternatives of Diamond Financing’ seminar tomorrow

     16th May 2016 The Dubai Diamond Exchange, a DMCC platform, is hosting its 2nd Dubai Diamond Finance Seminar on ‘Alternatives of Diamond Financing’ 5pm tomorrow at 17 May 2016 at the Almas Conference Centre, Dubai, UAE. To be integrated into the 2nd day of the 37th WFDB World Diamond Congress and hosted by... 

Guptas' Dubai move puts Treasury in spotlight

By: News24Wire      10th May 2016 National Treasury is facing a transparency test, according to David Maynier, Democratic Alliance (DA) spokesperson on finance. Maynier said he still hasn’t had word on whether the Financial Intelligence Centre (FIC), which falls under National Treasury, was conducting an investigation into the... 

Bahrain's Alba cites collapse in aluminium prices as Q1 profit falls 89%

By: Reuters     2nd May 2016 Aluminium Bahrain (Alba), the owner of one of the world's largest aluminium smelters, reported an 88.6% fall in first-quarter net profit on Monday as a result of a collapse in aluminium prices. Alba's net income for the three months to March 31 was 4.2-million dinars ($11.22-million), said Alba... 

India launches investigations into illegal coal imports

By: Ajoy K Das     27th April 2016 India has launched country-wide investigations into coal importers over-invoicing and resorting to illegal cross-border funds transfers, which have been estimated at around $5.3-billion. Senior government officials said that over-invoicing of coal imports and illegal non-banking channel funds... 

Whitfield, Nemeth to tackle growth obstacles through new African auto body

By: Irma Venter     21st April 2016 The initial focus of the newly formed African Association of Automobile Manufacturers (AAAM) would be to assist countries wishing to participate in the automotive value chain to implement the appropriate legislation and regulations that would allow the automotive industry to thrive on the... 

Guptas' staff appeal to banks to save their Oakbay jobs 

By: News24Wire      20th April 2016 About 7 500 employees at Oakbay Investments will lose their jobs at the end of May if the Gupta-owned company’s bank accounts remain closed, staff at the company wrote in an open letter to banks on Wednesday. In a letter addressed to Barclays Africa CEO Maria Ramos, FNB CEO Jacques Celliers,... 

I did not meet Guptas in Dubai – Van Rooyen 

By: News24Wire      11th April 2016 Cooperative Governance and Traditional Affairs minister Des Van Rooyen did not meet any of the Guptas during a trip to Dubai last year, his spokesperson said on Sunday. “He says he didn’t meet the Guptas,” said departmental spokesperson, Tsakani Baloyi. “He has indicated that he maintains that it... 

Flexibility Reaps Rewards For Oem And Quarries

     4th April 2016 It is not only large blue-chip mining companies that are opting for a premium product and technical after-sales support from Weir Minerals Africa. Small mining operations in its sub-Saharan African and Middle East territories are also partnering with the original equipment manufacturer (OEM).... 

EOH focuses on expansion, after posting strong results

By: Schalk Burger     1st April 2016 Information technology and services firm EOH has posted strong interim results for the period ended December 31, 2015, and is accelerating its use of joint ventures and acquisitions to expand its presence beyond South Africa. The firm grew revenue by 30% to R6-billion, operating profit by 35% to... 

Dubai firm to establish ‘largest’ asset in South Africa

By: Natasha Odendaal     30th March 2016 Dubai-based Centaur Group has completed the acquisition of two South African coal prospecting rights near Ermelo and is preparing to develop it into the global investment holding company’s largest single asset. The proposed Mpumalanga-based De Roodepoort mining project, which would become the... 

Dow Water & Process Solutions asserts commitment to long term development of water industry

     22nd March 2016 Dow Water & Process Solutions, a global leader in sustainable water separation and purification technologies, celebrates World Water Day by focusing on advancing the industry and continued investment in water related technologies, partnerships, and people development. In line with this year’s... 

Dmg events acquires Exhibition Management Services (Pty) Ltd South Africa

     22nd March 2016 One of the world’s leading event companies, dmg events, has announced the acquisition of long established Pan African exhibition organiser Exhibition Management Services Pty Ltd (EMS) – headquartered in Johannesburg, South Africa. dmg events is a wholly owned subsidiary of the Daily Mail &... 

Four New Market Members Join globalCOAL

     22nd March 2016 GlobalCOAL® announced today that four new Market Members have joined its international trading community. Based in Dubai, Ferrocadia DMCC is an international natural resources trading house. They have more than 20 years’ experience in the trade of physical and financial commodities, with a focus... 

SA is Africa's hub of private banking – report

By: News24Wire      21st March 2016 South Africa is the hub of private banking in Africa with holdings worth about $72bn, according to a recent report. A Research and Markets report entitled The Africa 2016 Wealth Report identifies South Africa - mainly Johannesburg - as the continent's biggest centre for private banking. The... 

Petroplan expands its African offering

     10th March 2016 Petroplan is delighted to announce its expansion into Mozambique, having received its official business license earlier this month. The Maputo-based team, which is working with one of sub-Saharan Africa’s leading oil and gas companies, will be supported by existing Petroplan offices in London,... 

Fortinet Appoints Zacky Vaz as Channel Manager for the UAE, Oman and Qatar

     7th March 2016 Zacky has extensive channel expertise, and will work with Fortinet's partners to ensure that Small and Medium Businesses are protected from threats and cybercrime. Fortinet®, a global leader in high performance cyber security solutions, has appointed Zacky Vaz as its Channel Manager for the UAE,... 

10 MW Uganda solar plant to begin producing in July

By: John Muchira     4th March 2016 Uganda is set to add 10 MW to the national grid in July, when a new solar plant to be built by Middle East and Spanish investors is expected to come on stream. Dubai-based Access Energy Group and Eren RE have awarded TSK Group of Spain the contract to construct the $19-million Soroti solar... 

AHEC outlines ‘forward thinking’ strategy to open up new market opportunities for American hardwoods

     10th February 2016 Collaborations, installations, seminars, workshops and sustainable design initiatives to comprise the major elements of AHEC’s campaign The American Hardwood Export Council, the leading international trade association for the American hardwood industry, has outlined its forward thinking strategy... 

DMCC Executive Chairman Ahmed Bin Sulayem receives honorary membership during visit to World Jewelry Hub

     9th February 2016 Ahmed Bin Sulayem, Executive Chairman, DMCC, has been presented with Honorary Membership of the World Jewelry Hub its Chairman Eli Izhakoff in Panama City this week. Ahmed Bin Sulayem, also the Chairman of the Kimberley Process, visited Panama as a guest of the WJH. During the visit, he was... 

DMCC and Richcomm Global Services Explore the Future of Commodities at Third Global Commodity Outlook Conference in Dubai

     8th February 2016 Commodities industry experts from across the world gathered in Dubai today for the Third Global Commodity Outlook Conference , hosted by Richcomm Global Services and DMCC in association with DGCX and Thomson Reuters. The conference saw keynote speakers General Bheki Cele, Deputy Minister of... 

Denmark’s Kamstrup takes first steps into Iran

     3rd February 2016 Danish smart meter solutions provider Kamstrup has confirmed its first order in Iran. The order of 6,000 intelligent water meters comes less than two weeks after the EU lifted sanctions against the Middle Eastern nation. Earlier this month, Danish Foreign Minister Kristian Jensen said that Danish... 

Richcomm Global Services and DMCC to Host Third Global Commodity Outlook Conference in Dubai

     1st February 2016 Richcomm Global Services and DMCC, the Government authority on trade, enterprise and commodities in Dubai, announced today that the third edition of the Global Commodity Outlook Conference  in association with DGCX and Thomson Reuters will be held at Almas Conference Centre in Jumeirah Lakes... 

Xtralis VESDA-E addressable aspirating smoke detectors to protect new IMG Worlds of Adventure indoor theme park

     22nd January 2016 VESDA-E VEA addressable smoke detectors provide over 2,000 sampling points for critical fire prevention at the world’s largest indoor theme park, an architectural marvel with 1.5M sq. ft. of space Xtralis VESDA-E aspirating smoke detectors have been selected to protect IMG Worlds of Adventure,... 

Zimbabwe set to be region’s diamond hub – report

By: African News Agency      13th January 2016 Zimbabwe is inviting consultants to help establish its own diamond bourse with the aim of becoming a regional diamond trading hub which is expected to attract traders from around the world, a report said on Wednesday. According to Zimbabwe’s state-owned newspaper, The Herald, the diamond bourse,... 

Blue Label edges closer to acquiring 35% of Cell C

By: News24Wire      30th December 2015 South Africa’s third largest mobile network Cell C says its board has accepted an offer from Blue Label Telecoms to acquire 35% of the company for R4-billion. The boards of Cell C and its holding company 3C Telecommunications have also accepted an offer from Cell C management and staff to hold... 

MoU raises prospect of halaal meat exports to UAE

By: David Oliveira     4th December 2015 The Richards Bay industrial development zone (RBIDZ) signed a memorandum of understanding (MoU) with Dubai-based trader DBL World General Trading last month, which will result in South African produce, particularly meat and poultry products, being exported to the United Arab Emirates (UAE). The... 

New freighter terminal officially inaugurated

By: Kimberley Smuts     4th December 2015 Dubai-based cargo airline Emirates SkyCargo’s cargo terminal was officially inaugurated on November 10 by chairperson and CEO of Emirates Airline and Group Sheikh Ahmed bin Saeed Al Maktoum at Dubai South’s Logistics District, further establishing Dubai as a leading global air cargo and logistics... 

Rockwell Automation and Cisco release security design guidance ahead of Internet of Things World Forum (IoTWF 2015)

     3rd December 2015 Rockwell Automation, the world’s largest company dedicated to industrial automation and information, has published new tested, validated resources with strategic alliance partner Cisco. These resources are aimed at helping the automation industry address the security concerns associated with... 

SA a frontrunner to $2.7bn Gulf investment

By: News24Wire      19th November 2015 South Africa is the second most preferred investment destination by Gulf companies, which have invested as much as $2.7-billion into sub-Saharan Africa during the first half of the current year. Companies from the Gulf region, whose investments into the region surged to $9.2-billion between 2005... 

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