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Topic - Middle East
Sep 04, 2009
Sealing solutions company EagleBurgmann has custom designed seals for petrochemicals giant Sasol. The seals are designed to solve bad actor problems and improve overall mean time between failures, which reduces indirect spend on maintenance and downtime.
Sep 02, 2009
The price of gold is not expected to move too much in the short term, at least until the next real shift in global markets, Fitch Ratings said on Wednesday. In a report on the outlook for the yellow metal, Fitch analysts predict that, while the gold price remains...
Aug 28, 2009
Aug 28, 2009
Europe-based information technology (IT) security solutions firm Trusted Logic has announced a R47,5-million investment to establish a subsidiary in Cape Town called Trusted Logic Africa.
Aug 28, 2009
Engineering services company Steinmüller is intent on entrenching itself as the leading contractor for the manufacture and installation of steam boilers for the South African power-generation sector, while at the same time extending its product and services base and...
Aug 28, 2009
The project represents a new gas pipeline connecting the Caspian region, the Middle East and Egypt through Turkey, Bulgaria, Romania, Hungary with Austria and, further on, with the Central and Western European gas markets.
Aug 27, 2009
JSE-listed construction firm Basil Read had secured new orders amounting to R2-billion in the first half of 2009, pushing its order book to R6,2-billion, the company said on Thursday, when it announced a 25% increase in interim earnings a share. At the end of June...
Aug 27, 2009
Engineering and contracting group Murray & Roberts (M&R) would seek to expand its footprint in South America, the Middle East, Africa and Asia, CEO Brian Bruce said on Thursday. The individual global business units, namely Murray & Roberts Cementation, Middle East,...
Aug 27, 2009
Aug 24, 2009
Aug 20, 2009
Aug 20, 2009
Aug 20, 2009
JSE-listed technology group Allied Technologies Limited (Altech) on Thursday announced its acquisition of an 8,5% stake in The East Africa Marine System (Teams) cable connecting Kenya and the Middle East, for $11-million. The investment, which was made through the...
Aug 19, 2009
Information communication technology (ICT) company Dimension Data said on Wednesday that it was likely to grow its operating profit for the 2009 financial year, as the performance of its services business should ensure that gross margins were maintained at similar...
Aug 14, 2009
Vehicle manufacturer General Motors (GM) on Friday announced the retirement of Steve Koch, the MD and president of General Motors South Africa (GMSA) and GM African Operations, effective from October 1. GM International Operations executive vice president Nick...
Aug 13, 2009
JSE-listed civil engineering and construction group Stefanutti Stocks is expanding its footprint in the Middle East and into other African countries, CEO Willie Meyburgh said on Thursday. Speaking at a media site visit, he said that the company would increase its...
Aug 11, 2009
Construction and engineering firm Group Five increased its net profit for the 2009 financial year to R534,5-million, 25% higher than the R429,3-million achieved in 2008, despite the year having tested the group’s leadership, its people, clients and its business case,...
Aug 07, 2009
If South Africa’s sugar industry is to grow, it has to keep an eye on new markets and opportunities, one of which may, once current restrictions are overcome, manifest in sugar cane-based energy. Based on revenue generated through sugar sales in the Southern African...
Aug 07, 2009
Global software solutions provider Infor was extending its portfolio to implement new solutions. “We are also leveraging global alliances in the world - Microsoft and IBM are the most important,” said vice president for Europe, the Middle East and Africa (EMEA)...
Aug 07, 2009
As reported elsewhere in this edition, the good news for Africa in these tough times is that the continent is riding our the global tempest better than it did previous – and, be it noted, lesser – downturns. Of course Africa has still been hit. The continent’s...
Aug 07, 2009
The project aims to establish 16 835 km2 of renewable thermal solar power plants and harvest solar and wind energy from the Sahara Desert.
Aug 07, 2009
If South Africa’s sugar industry is to grow, it has to keep an eye on new markets and opportunities, one of which may, once current restrictions are overcome, manifest in sugar cane-based energy.
Aug 07, 2009
The first half of 2009 saw South African contractors losing major orders out of the Middle East, in general, and the UAE emirate of Dubai, in particular. But, perhaps, the recent order awarded to Murray & Roberts and its partners is a sign that things are turning,...
Jul 31, 2009
Full Name: Mteto Nyati Position: MD of Microsoft South Africa Main Activity of the Company: Software development, marketing and sale
Jul 24, 2009
South African construction firm Murray & Roberts (M&R) and joint-venture (JV) partner Al Habtoor have been awarded a 1,8-billion dirham (around R3,7-billion) contract in Abu Dhabi. The companies would construct the St Regis hotel and residences on Saadiyat island...
Jul 24, 2009
US Automotive giant General Motors (GM) faces a key bankruptcy hearing in which it will present a plan to sell off most of its assets to a new company, unburdened by its old debts and supported by billions of dollars in government loans, reports on-line news agency...
Jul 24, 2009
Over the next three years a group of 12 large European companies will seek to map out investment plans of an ambitious transcontinental renewable-energy project, which proponents argue could supply up to 15% of Europe’s electricity requirements by 2050 and involve an...
Jul 23, 2009
Aim- and JSE- listed independent power plant developer Ipsa may have found a buyer for one or more of the four turbines that were formerly earmarked for its Coega project and has received a further loan from a company controlled by its CEO, Peter Earl. In June, Ipsa...
Jul 21, 2009
Africa would contribute substantially to an anticipated mobile broadband boom in the Middle East and Africa (MEA) region, which was expected to be worth some $6-billion by 2011. In its report entitled ‘Mobile Broadband in MEA: Promises opportunity but not a smooth...
Jul 17, 2009
The Department of Energy has announced that it has initiated concrete programmes intended to ensure and safeguard the security of South Africa’s fuel and energy supply.
Jul 15, 2009
The global financial architecture must change to ensure that developing countries are represented, President Jacob Zuma said on Wednesday. "The total inability of the financial institutions to respond to the financial and economic crises and to prevent a global...
Jul 15, 2009
Gold equities were likely to significantly outperform the gold price in the second half of 2009, Investec Asset Management fund managers specialising in commodities and resources said on Wednesday. Speaking during an international conference call, global commodities...
Jul 13, 2009
A group of 12 large European companies, nine of them German, on Monday signed up to an ambitious transcontinental renewable-energy project, which proponents argue could eventually supply up to 15% of Europe's electricity requirements by 2050 and involve an investment...
Jul 10, 2009
Government should consider reducing the production volumes required to qualify for support under the Automotive Production and Development Programme (APDP), said General Motors South Africa (GMSA) and General Motors (GM) African Operations MD and president Steve Koch...
Jul 10, 2009
Mercedes-Benz South Africa ‘s (MBSA’s) East London plant is the fifth best vehicle production site in the world, this according to global consumer research firm JD Power and Associates.
Jul 09, 2009
Global electrical engineering group Siemens would next week throw its weight behind an ambitious project to harvest solar and wind energy from the deserts of North Africa to supply the growing electricity needs of both the region and Europe, managing board member Dr...
Jul 08, 2009
Attached please find a press release on: GE Healthcare, a global leader in healthcare solutions providing transformational medical technologies and services and the Children’s Cancer Hospital Egypt (CCHE) “57357”, the largest pediatric oncology center of its kind in...
Jul 03, 2009
Technology in the form of an intelligent infrastructure is fundamental to the building industry today, says Electrical Engineering Solutions (EES) MD Bradley Hemphill.
Jul 03, 2009
Cover story on SA Unmanned Air Vehicle sector, its products, programmes and projects, the rapidly increasing international competition, and its need for greater local support
Jul 03, 2009
The South African Sugar Association (Sasa) reports that the country’s sugar industry is one of the world’s leading cost competitive producers of high quality sugar, and contributes to job creation - particularly in rural areas, sustainable development and to the...
Jun 30, 2009
The International Renewable Energy Agency (Irena), which was established in January this year, has chosen to locate its headquarters in Abu Dhabi’s Masdar City. This choice was also said to mark the first time that an international organisation has chosen a Middle...
Jun 29, 2009
Natural gas demand is likely to fall for the first time in 50-years in 2009, while some 60-billion cubic metres of liquid natural gas (LNG) capacity were planned to come online this year, the International Energy Association (IEA) said on Monday. The IEA, which...
Jun 26, 2009
Mobile telecommunications operator MTN on Friday announced the company would combine its international carrier services with Belgacom International Carrier Services (Bics). Bics and MTN had an existing strategic cooperation agreement since 2005, and this would be...
Jun 25, 2009
Jun 24, 2009
South African construction and engineering group Murray & Roberts (M&R) said on Wednesday that its order book had stabilised at the R42-billion level over the past two months. Its order book had “settled” at this level in March, following the cancellation of a...
Jun 24, 2009
Mercedes-Benz South Africa 's (MBSA's) East London plant is the fifth best vehicle production site in the world, this according to global consumer research firm JD Power and Associates. MBSA manufacturing executive director Joachim Follmann says the Eastern Cape...
Jun 23, 2009
The International Finance Corporation (IFC) will be providing cellular network provider MTN Afghanistan a $65-million loan and $10-million in equity to support the expansion of the company’s mobile telephone network and meet the country’s growing demand for...
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