JLG Industries, Inc., an Oshkosh Corporation company and a leading global manufacturer of aerial work platforms and telehandlers, is pleased to announce that Dayim Equipment Rental has taken delivery of 77 JLG platforms. The delivery consists of a mix of boom lifts and electric scissors. Dayim Equipment Rental was established in Kuwait in 2018 and is a Group company of Dayim, which operates and manages various companies across sectors with high market growth potential using a combination of joint venturing, investment and strategic partnership. Hertz Dayim Equipment Rental has been a leading Rental Equipment and services provider in the Middle…
Author: Kasun Illankoon
Construction of Expo 2020 Dubai’s petal-shaped Thematic Districts is now complete, marking one of the most significant milestones on the road to welcoming the world to the UAE for 173 days of fun, creativity and inspiration. More than 100 million working hours have now gone into developing the site, including the completion of all shell and core works for the Opportunity, Mobility and Sustainability Districts. Final building completion certificates have been received from Dubai Municipality, with all Expo-led construction on track to be completed in the year before gates open. Built by the UAE’s Al Futtaim Construction and already landscaped…
Tornado Group is a multi-disciplinary group of companies based in the United Arab Emirates, in addition to headquarters located in Abu Dhabi, the company has eight operational subsidiaries operating in Abu Dhabi, Al Ain, Dubai & Northern Emirates. Established in 2001, the group now has more than 6,000 employees with running projects valued at over two billion dirhams. The company is committed to transforming the visions of its clients into reality by employing vast international experience, knowledge, resources and expertise in all its operational fields. Tornado Group is one of the fastest growing and largest construction companies in the region.…
Schneider Electric, the leader in the digital transformation of energy management and automation, is at the forefront in taking organizations in Asia on their first step towards Industrial Internet of Things (IIoT). Utilizing cutting-edge technology, Schneider Electric’s Batam smart factory is both a working factory and a showcase for customers and partners to witness how digital transformation can help them make informed, data-driven decisions that bring about improved profitability, asset management performance, operational efficiency and a smarter productive workforce while keeping the operations secure, agile and environmentally sustainable. Smart factory in Batam has become a IIoT showcase for companies in…
The UAE-based, Grandweld Shipyards, recently announced the launch of its sixth pilot boat for Kuwait Oil Company (KOC). As per a contract signed in May 2017, the “MESKAN” is the final boat of ten – four crew transport boats and six pilot boats – that Grandweld was required to build for KOC’s fleet. With this launch, the total number of six deliverable pilot boats has been completed. Moreover, the remaining four boats that were already launched prior, will be delivered in June 2019 after full inspection and testing for sailing performance. The new “MESKAN” boat, which was specifically designed to meet…
The Middle East and North Africa region (MENA) is no exception when it comes to the challenges posed by urbanisation and architecture. On the other hand, these challenges also presented the country with substantial opportunities. Dubai has succeeded in transforming itself into a global city, and a regional business and tourism hub; this has happened predominantly in the last two decades. With the government also undertaking numerous ‘smart’ initiatives, the benefits of digitisation are expected to percolate to every sector in the economy, especially infrastructure, utilities, transportation, aviation, and tourism. The Construction Innovation Forum presented an opportunity for the attendees…
Gulf Navigation Holding PJSC (“GNH” or “Company”), the Dubai Financial Market listed maritime and shipping company, has announced its financial results for the first quarter of 2019. During Q1 2019 the Company achieved operating revenue of AED 45 million compared to AED 37.7 million during the same period of 2018, a YoY increase of 19%. The Company reported net loss of AED 11 million in Q1 2019 compared to profits of AED 5 million during the same period last year. During the quarter, Company’s petrochemical tanker Gulf Deffi entered the dry dock for the mandatory special survey work, resulting in…
Azizi Developments, one of the leading private developers in the UAE, is bringing the next generation of urban connectivity to life with Connect by Azizi, a spectacularly-designed and strategically-located residential development in Al Furjan. The exceptionally well-thought-out master-planned community that hosts this property is situated in the growth corridor of Dubai, boasting outstanding accessibility while being a serene escape from the bustle of the city. Offering customers the opportunity to live in one of the most up-and-coming locations in the Emirate, Connect by Azizi features 245 units, including 190 studios as well as 41 one- and 14 two-bedroom apartments spread…
Strata Manufacturing (Strata), the advanced composite aero structures manufacturing company wholly-owned by Mubadala Investment Company PJSC, has extended its agreement with Pilatus Aircraft Ltd to cover a new composite work package for the PC-24, a twin-engine business jet. The new agreement will see Strata manufacture PC-24 flap track fairings and comes exactly a year after the two major manufacturers signed a landmark partnership on the PC-24. The expanded deal positions Strata as the major supplier of both belly and flap track fairings for the world’s first ‘Super Versatile Jet’. Commenting on the new contract award, Ismail Ali Abdulla, CEO of…
CEMEX Ventures, the open innovation and Corporate Venture Capital unit of CEMEX, announced today its investment in Energy Vault, an Idealab company that has developed a transformative technology to store energy. The new investment is further reinforced by plans to support rapid market adoption and deployment of Energy Vault’s technology through CEMEX’s strategic network. Energy Vault’s transformative energy storage technology solves a key challenge for renewables, which have struggled to replace, in a significant manner, fossil fuel power due to production unpredictability and intermittency of wind and sunlight. Consequently, energy storage solutions that can harness energy from renewable sources become…