ROBUST VOLUMES GROWTH
DP World, one of the world's largest port operators, has recorded a 14.4 per cent growth in its revenue for the first half which rose to $2.62 billion, ably supported by volume growth across all three regions and impact of new acquisitions.

The Dubai Chamber of Commerce and Industry recently hosted an informative seminar to highlight the best practices and projects which have helped its Sustainability Network reduce environmental impact and business costs.

Damen Shipyards Galati, the largest of the Dutch group's 32 shipyards, repair yards and related companies worldwide, held a grand ceremony to mark the anniversary celebrations of Ziua Navalistului – Shipbuilder’s Day.

Italy-based Pirelli, a leading global tyre manufacturer, has signed an agreement with Luna Rossa Challenge for the constitution of a partnership aimed at the development of a multi-year project.

Microsoft has announced the launch of its new mobile app, Kaizala Pro, for businesses in Saudi Arabia which is mainly designed for large group communication, workflow management, reporting and analytics and in integration with Office 365.

Oman Formaldehyde Chemical Company (OFCC), a key producer of formaldehyde and urea formaldehyde in the sultanate, has announced the opening of its plant in the Sohar Industrial Port area following its recent expansion, said a report.

Leading Omani industrial group Sohar Aluminium said it has partnered with Synergies Castings, a leading Indian manufacturer of aluminium alloy wheels, to set up a new $100 million manufacturing plant in the sultanate.

RSA Global, a leading third-party logistics provider, has joined forces with UAE-based Immensa Technology Labs, a leading additive manufacturing (AM or 3D printing) company, for the successful deployment of its virtual warehousing solution.

Alstom, a global technology leader, said it has been awarded a contract to supply 5 additional Citadis trams to France's Bordeaux Metropole for a total amount of €14 million ($15.8 million).

Eaton, a global technology leader in power management solutions, is exploring ways to improve the evacuation of high-risk buildings with the introduction of cutting-edge technology and adaptive evacuation systems in commercial buildings.

Rapid Access, a leading provider of powered access solutions in the Middle East for more than 20 years, is rolling out a new brand identity following its acquisition by France-based Loxam Group last year, said a top official.

BUSINESS CONFIDENCE STAYS HIGH
Dubai’s non-oil private sector recorded continued improvement during July, stimulated by a further expansion in new orders, while business confidence remained strongly positive, according to the latest Emirates NBD Dubai Economy Tracker.