• Topaz revenue down 25pc in Q1


    Dubai-based Topaz Energy and Marine, an international offshore support vessel company, has posted a revenue of $58.2 million for the three months ended March 31, 2017, down 25 per cent compared to $77.7 million for the same period last year.

  • Bahri hosts crew conference in Manila


    Bahri Ship Management, a business unit within Bahri, recently organised its 11th annual crew conference to provide its crewmembers with an opportunity to learn more about the latest industry developments from experts and share experiences.

  • DMCA shares experience with Ajman tourism team


    Dubai Maritime City Authority (DMCA), the government authority of the maritime sector in Dubai, today (May 24) hosted a high-level delegation from the Ajman Tourism Development Department (ATDD), to discuss experience on maritime sector.

  • Top experts attend Siemens Digitalization Roadshow


    A total of 125 leaders from the public, private and education sectors addressed the challenges and opportunities presented by digitalisation for Middle East businesses at the Siemens Digitalization Roadshow, which was held in Abu Dhabi, UAE.

  • Agility reaches conditional settlement in US case


    Agility, a leading global logistics provider, has announced a settlement in the criminal case involving the US government food-supply contracts that the company held from 2003 to 2010 (the “Prime Vendor Contracts”).

  • Honeywell freight solution provides real-time information


    Honeywell has announced a new Connected Freight solution that gives shippers and logistics companies the ability to monitor shipments of high-value and perishable goods, helping prevent costly damage and loss.

  • Ras Al Khaimah unveils new International Corporate Centre


    The Government of Ras Al Khaimah has unveiled RAK International Corporate Centre (RAKICC) as its premium corporate registry jurisdiction for International Business Company (IBC) incorporation.

  • Global renewables workforce to hit 24m by 2030

    MAJOR ECONOMIC DRIVER
    Global energy system is creating more jobs in renewables than in fossil-fuel technologies with its workforce likely to grow two-fold to 24 million by 2030, thus becoming a major economic driver around the world, said a report.

  • BP completes drilling of 50th well at Khazzan project


    BP revealed that it has reached a significant milestone in the development of the Khazzan gas project in Oman, with the successful drilling and completion of the 50th well at the large gas field in Block 61, said a report.

  • Iran, European firms sign $3.3bn petrochem plant deal


    Iranian and European companies signed a contract valued at €3 billion ($3.35 billion) to build a petrochemical plant in the Assalouyeh region of southern Iran, said a report.

  • 15 startups take part in ‘Investor Day’


    Fifteen new startups were given an opportunity to pitch their business ideas to potential regional and local investors during the inaugural ‘Investor Day’ event, hosted by Qatar Science & Technology Park (QSTP).

  • Women achievers honoured at Dubai event


    Local and expatriate women achievers from diverse fields of business and technology were honoured at the recently concluded Emirates Women Award, an event highlighting the role of women in the UAE society, held in Dubai, UAE.

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Industry News

Topaz revenue down 25pc in Q1

Dubai-based Topaz Energy and Marine, an international offshore support vessel company, has posted a revenue of $58.2 million for the three months ended March 31, 2017, down 25 per cent compared to $77.7 million for the same period last year....


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